Prices coming down...

[mechanicalman]

Originally Posted by jboosted92

yikes....super

i actually thought it might be this:


Lets say someone(S) has some PSA9-10 , 50s/60s ( Clemente, Koufax for instance)

They see some PSA 8s come up for auction, and them and someone else, considerably over pay ( Example, what would maybe go for 4000, they pay 10,000)....now that then shoots up the value of their PSA9/10 that the subsequently put on the market....make a profit, then hurry up and turn around and sell their PSA8 they just bought at 10k, for at least what they paid.....

I've heard from a reliable source that what you described was the impetus for some of the shenanigans.