the crazy price thread...

[ls7plus]

Originally Posted by GasHouseGang

This really has the feel of a price bubble that is driven by speculation. I don't see how this can continue. I'm afraid someone is going to end up feeling foolish.

It won't continue. Prices don't advance in the manner we've been seeing in a true collector's market. The investors will by and large eventually pick up and leave, with the smartest of them selling for a nice profit, and the others scrambling to break even or worse. The market for the limited focus items they drove up will then descend to what a legitimate collector, in the hobby for the long run, would pay for the items. Same thing has happened repeatedly in coins, and within the last decade or so, in the field of classic car collecting. The good thing is that some of them will indeed like what they've bought, weather their losses, and stay and learn more about this wonderful hobby. On the plus side, it is a good time for knowledgeable collectors to sell what the investor types are buying!

Best wishes,

Larry

[botn]

Originally Posted by MetsBaseball1973

I don't think that price is that crazy at all. That SGC 6 is a pretty great example of that card, and in a grade that does not surface too often. Better than average centering with very sharp registration. I follow Mantle prices and the 7s are now $100,000 cards. A 6 for less than half the 7s seems reasonable.

If 45K is not a crazy price than what does that make this one? https://sports.ha.com/itm/baseball-c...links-12202013

[Canofcorn]

As the owner of a centered SGC 4 #311, I'm estatic to see this one at $42k...$50k with the buyers premium. Pretty nuts.
Admittedly that one is nicer but still happy to see that

https://sports.ha.com/itm/baseball-c...links-12202013

[pokerplyr80]

The heritage Mantle has great color and top 5% or so centering. I am not surprised at all at the price and wouldn't be surprised to see it go up another bid or two. As for the 51, between the SGC 7 on heritage and the psa 6 and 7 coming up at pwcc we will have a good idea where those are at.