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Old 02-22-2021, 08:37 AM
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James M.
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Join Date: Jul 2019
Location: New York
Posts: 1,528
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Leon,

I'm by no means an expert, while I do think the stimulus checks shouldered a little bit of the blame early on, I'm thinking now it's more because people are looking to cards as an investment opportunity and big money is getting thrown into the Hobby by people who would normally spend it on other things.

We still have portions of the Nation who do not feel safe traveling, or going out of there house, but still earning an income, the end result, I think is that money gets poured into the hobby. Combine that with the fact people see rising prices as an "investment opportunity" so new money starts entering from people who don't really know what a reasonable price is for a card and we get this result.

We also have the issue of card prices shooting up on various older players that are still alive because people want to capitalize on their eventual demise. Look what is happening to Mays' cards ever since Aaron died.

I have not been in this hobby for nearly as long as half the people on this forum, but frankly I do not think it's sustainable, at all. I do think some of the high end Vintage stars will maintain their value, but we see some sort of correction eventually.
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