Prices coming down...

[Beastmode]

Little over two weeks ago PSA 8 Clemente sold for $28K. Not even a year ago it sold for $150k. Almost two years ago, sold for.....$28K. Call if whatever you want, but manipulators need fools with money. And fools with money are begging to be shilled because they don't snipe. And AH's need the fools with money to believe that their anti-sniping software with endless bidding is unrelated to the massive shilling and non-payments. Gotta love this hobby.

Just got my plane tickets to the national with my son. It will be a blast.

[iwantitiwinit]

Would love to know who paid 150k for that Clemente last year.

[1952boyntoncollector]

Originally Posted by iwantitiwinit

Would love to know who paid 150k for that Clemente last year.

I really doubt money changed hands on that one. I guess can see when that Cert number shows up again..or maybe its in a PSA 9 holder and that guy got the last laugh..

[Peter_Spaeth]

Originally Posted by 1952boyntoncollector

I really doubt money changed hands on that one. I guess can see when that Cert number shows up again..or maybe its in a PSA 9 holder and that guy got the last laugh..

I doubt it too, but then again I know of a lot of purchases that really happened that I have to shake my head at. People who fell for the manipulation, didn't listen, and panicked, apparently.

[rats60]

Originally Posted by Beastmode

Little over two weeks ago PSA 8 Clemente sold for $28K. Not even a year ago it sold for $150k. Almost two years ago, sold for.....$28K. Call if whatever you want, but manipulators need fools with money. And fools with money are begging to be shilled because they don't snipe. And AH's need the fools with money to believe that their anti-sniping software with endless bidding is unrelated to the massive shilling and non-payments. Gotta love this hobby.

Just got my plane tickets to the national with my son. It will be a blast.

That card was off centered and wouldn't grade 8 today. Clemente RC is very hard to find to find centered, so you can't compare 8oc or off centered 8s to those that are well centered, which have brought as much as 45k this year. There is little doubt that the 150k or others that sold high last year never were paid for.

A PSA 2 t206 Wagner sold for 777k last year and 600k this year. Are prices on Wagners crashing or was the first in better condition that the second? All cards that receive the same grade aren't equal and no one should be surprised that when you find the worst one for the grade, that it is going to be the lowest sale.

[1952boyntoncollector]

Originally Posted by rats60

That card was off centered and wouldn't grade 8 today. Clemente RC is very hard to find to find centered, so you can't compare 8oc or off centered 8s to those that are well centered, which have brought as much as 45k this year. There is little doubt that the 150k or others that sold high last year never were paid for.

A PSA 2 t206 Wagner sold for 777k last year and 600k this year. Are prices on Wagners crashing or was the first in better condition that the second? All cards that receive the same grade aren't equal and no one should be surprised that when you find the worst one for the grade, that it is going to be the lowest sale.

i do agree that centering/condition of card matters more than the 'grade' Some PSA 8s are basically PSA 7.5 for the Clemente RC

[PhillipAbbott79]

Anyone that would pay that much for a card in the 50's is beyond me.

I don't have money like that to light on fire. Any idea how many of these are in the attic of a perfectly healthy 65 year old's house?

The guy that could care less if it is graded or tracked as part of a population of cards? Tens of thousands, and probably a few thousand with a condition 8.

I hope people are not planning on retiring on what they have in them, or anything else in that era. I am not sitting here thinking, "Damn, I have to have a Clemente rookie, because I have every other more important card in the hobby."

[botn]

Originally Posted by rats60

There is little doubt that the 150k or others that sold high last year never were paid for.

Not all of the Clemente 8s that sold for over 100K got paid for last year at the height of the market but some did and most that sold for 50K, 60K, 80K etc did get paid for as prices were being manipulated. This is true for many....,maybe most, of the rookie cards that had big run ups last year. What is true is that prices have come down and there are still many who are in complete denial about what took place last year.

[Luke]

So, I've got a noob question for you guys that follow the 50s RCs: Is now a good time to buy a Clemente or Aaron rookie in lower grade, or should I wait a little longer? I haven't been following the market at all lately because I wasn't going to pay the prices they were going for during the run up.

[EvilKing00]

If anyone sees and t205's or babe ruth cards that have dropped in price please let me know...

Im not sure about any other cards buy just collecting those 2 types, i havnt seen a drop but a continued move up in price.

[ullmandds]

Originally Posted by Luke

So, I've got a noob question for you guys that follow the 50s RCs: Is now a good time to buy a Clemente or Aaron rookie in lower grade, or should I wait a little longer? I haven't been following the market at all lately because I wasn't going to pay the prices they were going for during the run up.

it's always a good time to buy low grade 50's hof'er rookie cards!

[Leon]

For whatever reason the high end game of RC''s, and their steep rise in value over the last few years, hasn't dribbled down to adding as much value to the lower end of the spectrum, so it seems to me.

Originally Posted by ullmandds

it's always a good time to buy low grade 50's hof'er rookie cards!

[Johnny630]

I'm waiting for the next recession to buy high end cards. Patience is a Vertue, but it's super difficult when you love cards lol

[botn]

9s and 10s have always had their own pricing structure and never really impacted the 1 to 8 pricing, in general. These always seemed to be two separate markets from my vantage point. It was not until the artificial market from last year that the 1 to 8 grades moved up in value together with the higher grades, which have now adjusted.

The lower grades are more plentiful so I could see how pricing would not hold on those cards as you go down in grade.