More T206 price escalation?

[CMIZ5290]

Now Ronnie, no sour grapes......the grades are what they are...

[Leon]

Originally Posted by CMIZ5290

Now Ronnie, no sour grapes......the grades are what they are...

And a caution to him here, if anyone follows anyone else around the forum, giving them a hard time, they won't be following for long. That is a peeve that won't be permitted....

And back to topic, I think the high prices of those stellar cards "might" give a little bump up to nice, lower grade ones too.

[2dueces]

Originally Posted by Leon

And a caution to him here, if anyone follows anyone else around the forum, giving them a hard time, they won't be following for long. That is a peeve that won't be permitted....

And back to topic, I think the high prices of those stellar cards "might" give a little bump up to nice, lower grade ones too.

Leon,
You’re correct. I was curious and checked some ended auctions for mid grade PSA/SGC 3-5’s that I purchased from Barry about 15 years ago. Most if not all have doubled since then. A $100 HOFer graded 5 has sold for $300-400. A 3 which was $50 sold for $140. Not earth shattering but still an increase. I won’t mention the Green Cobb PSA 3 I purchased for $900. Guess that went up a bit too.

[MVSNYC]

"A rising tide lifts all boats."

[cdogstu99]

I start to think about everyday set builders who now encounter significant premiums for top HOF cards. Do they get frustrated and give up their quest to build the 'monster'? Maybe they lean towards other sets that haven't seen the same sort of appreciation? I myself started looking at M116 cards and the scarcity compared to the T206 cards and the relative 'cheapness'. At some point your 'investment' has to have some sort of reasonable return. When you dump $3000 into a card with thousands of an existing population, it sometimes becomes a question of 'is it really worth what i'm paying?'--in other words is the premium warranted, given the supply?

[Throttlesteer]

Originally Posted by cdogstu99

I--in other words is the premium warranted, given the supply?

As long as there is demand

[cdogstu99]

Originally Posted by Throttlesteer

As long as there is demand

but does

escalating prices + frustrated buyers = lower demand

?