Reasons why prices of some vintage cards are going kinda CRAZY????

biggsdaddycool · #1 01-18-2019, 08:25 AM

So...here�s a great sidebar question. What do these cards look like 5 or 10 years from now?? Do they hold steady, because people have them stashed and aren�t moving them? Do they �bottom out� again to 2017 or before prices due to lack of interest? Or do they steadily increase due to less supply and continued demand??

These types of conversations are always great!

Have a beautiful day!

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Snapolit1 · #2 01-18-2019, 08:36 AM

Quote:

Originally Posted by biggsdaddycool

So...here’s a great sidebar question. What do these cards look like 5 or 10 years from now?? Do they hold steady, because people have them stashed and aren’t moving them? Do they “bottom out” again to 2017 or before prices due to lack of interest? Or do they steadily increase due to less supply and continued demand??

These types of conversations are always great!

Have a beautiful day!

Sent from my iPhone using Tapatalk

I don't know and no one here does. There will be doom and gloom types who will say we are on the edge of the precipice about to tumble over. But those voices have always been present. It's like asking if the DOW will be higher in 5 or 10 years. It certainly could be. Or maybe it won't. I do think there will be players who interest will steadily wane over time. But the top names have held as American icons for 100 years some of them. I don't see why their star would dull in 5-10 years.

biggsdaddycool · #3 01-18-2019, 08:43 AM

Quote:

Originally Posted by Snapolit1

I don't know and no one here does. There will be doom and gloom types who will say we are on the edge of the precipice about to tumble over. But those voices have always been present. It's like asking if the DOW will be higher in 5 or 10 years. It certainly could be. Or maybe it won't. I do think there will be players who interest will steadily wane over time. But the top names have held as American icons for 100 years some of them. I don't see why their star would dull in 5-10 years.

Oh I understand no one knows, I was more thinking of the fun of speculation. In my opinion, some of these cards come back in a year or 2 and realize similar increase in pricings, and some of these cards never see the light of day again.

I have friends who have PSA 10�s of 50�s and 60�s stars that will never see the market, or at least for the next 20+ years. There is a lot more of that going on than people think.

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barrysloate · #4 01-18-2019, 08:48 AM

As stated, it's a combination of factors. Demand is the number one reason, and there is no question that baseball cards and memorabilia have been a very popular collectable. Also, no question there is price manipulation and hoarding going on. Where there is money to be made, there will always be unsavory people involved.

Also third party grading has been a huge factor in escalating prices. We would never have all the so-called investors in the hobby without the slabs. In fact, the single greatest factor in price escalation, IMO, is the number printed on the label.

This has pretty much always been an overheated market, where the must-have-it-now mentality often rules. For me, it has taken much of the fun out. It's become too commodified and less of a relaxing hobby. Cards are too expensive. That's not to say they can't go higher, but I've discovered I can live happily without them.

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