[53toppscollector]

From a simple economics standpoint, it is hard to see vintage cards, especially key pre-war cards, declining in value over the next 12-24 months and beyond. Cards have steadily climbed over the last 10 years, even beyond just the crazy spike of the last year or so.

Heres just one quick example

T206 Red Cobb in a Polar Bear back, PSA 4/4.5

June 2013: PSA 4.5 sells for $2325
Oct 2017: PSA 4 sells for $3800
Jan 2019: PSA 4.5 sells for $4150
March 2020: PSA 4.5 sells for $4730
April 2020: PSA 4 sells for $4400
April 2021: PSA 4 sells for $10,334 (had the PWCC E label)
June 2021: PSA 4 sells for $8700

If you take the April 2021 sale as sort of an outlier because of the PWCC factor, the card basically increased in value with every sale. If I asked you if you think you will get a Red Cobb Polar Bear in a PSA 4 for less than $8700 any time soon, what would you say? Lots of people want these key cards, and there is a very finite supply of them available.

The one unknown is sort of what happens to the broader economy, and if there is a downturn, how that would impact financials and personal spending. On the other side of that coin, I would argue that people who have $8700 to shell out for a Red Cobb are probably not going to be the first in line to dump their stuff if the economy slows down or we enter a recession. Smaller collectors collecting lower value cards may decide to sell, which may bring that part of the market down. But the big collectors who are buying 6 figure cards likely aren't going to be looking to dump their stuff at bargain bin prices.