Market flattening definitely

[Snapolit1]

Originally Posted by MattyC

Is this the part where some of us cite cards that are going up in value? I never get the point of this fairly regular exercise, when no one really collects the true entire spectrum/market of baseball cards.

In other words, at any given point, some cards sell for a massive increase, others a modest increase, others modest or larger declines. One guy cites a PSA 7 Paige, the next guy hangs a lantern on the Shoeless Joes at Heritage or the Mantles at REA that sold for record highs, and on and on the cycle goes.

So why truck in broad generalizations? We can't lump together all sportscards into one "market" anymore than we can lump together all cards in the same grade.

I agree, you can obviously cite cards going the other way (up). All I said in my original post is that in watching every major auction this year I can say pretty confidentially that a large swath or cards is either flat or down from last year. Obviously their are cards that have gone up. But when one of the first cards someone cites back to me is the Jackie Leaf card, and a quick search of VCP shows that card is actually trending down, I think that's worth pointing out.

[MattyC]

Originally Posted by Snapolit1

I agree, you can obviously cite cards going the other way (up). All I said in my original post is that in watching every major auction this year I can say pretty confidentially that a large swath or cards is either flat or down from last year. Obviously their are cards that have gone up.

Agree on that. The key thing is that may all the cards we want in our collections take a nice dip right as we find the one we want to buy!

[pokerplyr80]

I just checked on the leaf Robinson and Paige. The last 2 PSA 7 Robinsons were way off center, and should have been expected to sell at a lot less than previous nicer examples. As for the Paige the sale at over 100k could have been just two guys bidding it up. One happened to hit a month later so the previous under bidder didn't have as much competition. It's tough to predict the status of the market as a whole from one transaction. But both Paige sales were well over the amounts from a couple of years ago.

[T_Hamilton]

We need to create a baseball card index... top 25 PreWar cards that are liquid enough to see price movement. Focus on varying grades... then we can have a real apples to apples comparison of what is going on.

[Steve D]

Originally Posted by Snapolit1

I can say pretty confidentially that a large swath or cards is either flat or down from last year.

Nothing posted on the internet is "confidential"


Steve

[calvindog]

Can we at least agree that the market is not flattening "definitely"? Is that ok to say?

[rainier2004]

IDK about a dip, I mean I am the member that started the other thread about all the money in the hobby.

I cannot really comment on these modern post ww1 cards, but tons of stuff from pre-1915 are continually seeing record prices and have for awhile. t206 green Cobbs have gone insane, absolutely insane and they are everywhere. CJ stars have steadily risen while Jackson, Cobb and Matty go thru the roof.

Didn't REA set a record for a sports card auction in regard to gross revenue this Spring?

[RedsFan1941]

Originally Posted by rainier2004

IDK about a dip, I mean I am the member that started the other thread about all the money in the hobby.

I cannot really comment on these modern post ww1 cards, but tons of stuff from pre-1915 are continually seeing record prices and have for awhile. t206 green Cobbs have gone insane, absolutely insane and they are everywhere. CJ stars have steadily risen while Jackson, Cobb and Matty go thru the roof.

Didn't REA set a record for a sports card auction in regard to gross revenue this Spring?

in the past month or so REA, Heritage, Memory Lane and Goldin have generated about $30 million in sales. I guess it would have been 50 mil if the market wasn't definitely flat.