Are rare backs getting ridiculous?

[sportscardpete]

The two arguments for the high prices are 1 - they were undervalued to begin with or 2- it is a bubble.

I've always thought it was just 2. After a little more time I'm starting to believe it is a mixture of both reasons.

Another reason could be that some collectors may be scared of buying other sets with the 2007 + 2008 price drop in the back of their heads.. t206's are fairly liquid and a safer investment than say a more obscure caramel/bread set. All the money is just being poured into this set where any slightly scarce card is going for crazy prices.

[bbcard1]

As for me...and one could argue that I often do the wrong thing...I am selling the rare backs that aren't a part of my set. I have gotten good, but not great prices from them. Some rare backs, Brown Hindu comes to mind, seem to be historically overrated while Cycle and EPDG have probably been underrated.

[E93]

I think that with the advent of T206Resource.com and general increased knowledge of T206 backs, more collectors are collecting subsets with back-consciousness than ever before. Increased demand=higher prices.
JimB