Out of Touch
I have been batting about .090 on recent auctions where I have been active. Always hopeful that a new AH might be of interest, I checked out Rabbit Hole to see what was on offer, bidding etc. and must confess I was a bit underwhelmed by their offerings.
Of particular note, was the Ruth Leaf, a well-loved graded 1, which opened, to me at least, at a very high 1k and is already 2k.
This marketplace is for me fraught with peril. I don't know who I am bidding against; well-heeled collectors, collecting clubs, private equity funds, AH's, Amazon or the Good Lord himself.
I am basically a wholesaler, trying to build decent consignments to offer up to a few select AH's. That is proving near impossible, with exponential price records set with every auction.
The sports card market has become one for the big boys. Money has made most of the cards I seek out of reach. I did retail and made out well, but I am too old to try that again. Perhaps I am perpetually stuck in the 2000 card world and still
think that way. The cards haven't changed but the market certainly has.
Finally, I believe the stock market is overbought and likewise the card market. Apologies for the lament.
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