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

[darwinbulldog]

Originally Posted by Peter_Spaeth

The cards have been around for 100 years. People are just realizing they are attractive? Makes no sense.

+1. Also I think the Young portrait is maybe the ugliest portrait card in the entire set.

[Throttlesteer]

"Attractive" is an opinion. I like the bat off Cobb better than the others. I prefer the Lajoie throwing over the with bat and portrait. Honestly, no one of Cy's T206s are particularly attractive. The portrait is ok, the hand showing is colorful, but a bit awkward, and then there's the milkman (as someone coined it) glove pose. I think the hobby is reacting much like investors do to "hot" sticks. The late adopters are paying high for cards that are solid for the grade. You can still find portraits for reasonable prices if centering and razor corners aren't your thing.

[Touch'EmAll]

FWIW. Years back I had most major T206 HOFers and all their poses. They were all PSA 5's. I sold 3 and have kept all the others. I sold the Young bare hand and the Young glove because I didn't like the artwork on either. And I sold the Matty dark cap because it was a mega print. The artwork on the Johnson hands chest looks nice (to me) and think it may be currently undervalued. The Matty white cap pose is same as dark cap, but much tougher to find, and may also be undervalued, so that's a keeper. If I felt like having doubles, those 2 would be the ones I would look for.

[Republicaninmass]

Postcards getting love, they've been the stepchild for all of collecting. I can see why they are going up in price, as theyve been passed by for a while. But t3s havent gone through the roof? I think that's the most artistic set, with full frames and t206 like artwork and period backgrounds. Only 100 cards, and no silly big 4, ro chase to be complete.

[ullmandds]

Originally Posted by Republicaninmass

Postcards getting love, they've been the stepchild for all of collecting. I can see why they are going up in price, as theyve been passed by for a while. But t3s havent gone through the roof? I think that's the most artistic set, with full frames and t206 like artwork and period backgrounds. Only 100 cards, and no silly big 4, ro chase to be complete.

I'm sure someone will now start hoarding T3's!!!!!!!!

[bbcard1]

if you believe that baseball cards are an artform (and I do) take a look where art has gone and you'll see that there may still be plenty of room for baseball cards to move. I collect, I don't really invest, but I would not be scared off by the prices were I investing.

[pitchernut]

I believe there are a great deal more investors not collectors getting into the vintage card market because the stock market, well, sucks. imho JW Moore

[RCMcKenzie]

Check out sold prices on Jayson Tatum cards. I'm a big NBA fan and I have barely heard of him. It's insane how much people spend on new cards. Might as well pick up a couple of Cobbs and a Babe Ruth for the same money. They are not making any more vintage cards (at least I hope they are not). Hopefully new money is finding the vintage market.

[griffon512]

Quote: darwinbulldog
The cards have been around for 100 years. People are just realizing they are attractive? Makes no sense.
+1. Also I think the Young portrait is maybe the ugliest portrait card in the entire set.

interesting glenn, young portrait is one of my favorites

[MVSNYC]

I've always loved the Young Port too. He looks very dignified.

[JollyElm]

I think David Clayton-Thomas' first line says it all...

https://www.youtube.com/watch?v=N4bSBLctK0g

[jasonc]

Nice thread going here. I Definitely agree, top T206 HOF's Cobb, Wajo, Cy Young are shooting way up in price lately. Even when I want to buy a group of commons either individually or in a lot, if they're nice looking raw cards, they have gone up in price.

Even a low to mid grade, raw group was $15 to 20 per card now has become $20 to 25 per card, even higher.

When I restarted buying T206s over a year ago, I tried to focus on the big HOF's first, I got some of them at the time, which was to my advantage.

[SAllen2556]

It's just easier to take a chance on something like baseball cards right now because....what the hell. I'm not gonna earn money putting it in the bank. If you have cash, what's the point of buying a 6 month cd? Interest rates on savings accounts are basically zero, and have been for years. Interest rates on Ty Cobb and Babe Ruth > 0.

....until the next MLB work stoppage, that is.

People are also buying classic pickup trucks right now too. Unfortunately, I don't have enough room in my garage. I wonder how coins are doing?




Screen Shot 2019-01-19 at 7.03.37 AM.jpg

[Snapolit1]

Definitely a significant herd mentality. People start chasing cards that they hear other people are chasing. Jackie's Bond Bread a year or two ago. Shouldn't really be surprising. Human nature. People do it with stocks, real estate, cars, vacation homes, vacation destinations, colleges. Figure others know something you don't and you jump on the bandwagon.

[silvor]

Originally Posted by SAllen2556

It's just easier to take a chance on something like baseball cards right now because....what the hell. I'm not gonna earn money putting it in the bank. If you have cash, what's the point of buying a 6 month cd? Interest rates on savings accounts are basically zero, and have been for years. Interest rates on Ty Cobb and Babe Ruth > 0.

....until the next MLB work stoppage, that is.

People are also buying classic pickup trucks right now too. Unfortunately, I don't have enough room in my garage. I wonder how coins are doing?




Attachment 341331

Sure, at your local bank they will likely pay you near 0%.

You can get ~2.4% for a 6 month CD at a place like Schwab, Citi etc. Keeps up with inflation at least.

[AGuinness]

Originally Posted by SAllen2556

It's just easier to take a chance on something like baseball cards right now because....what the hell. I'm not gonna earn money putting it in the bank. If you have cash, what's the point of buying a 6 month cd? Interest rates on savings accounts are basically zero, and have been for years. Interest rates on Ty Cobb and Babe Ruth > 0.

....until the next MLB work stoppage, that is.

People are also buying classic pickup trucks right now too. Unfortunately, I don't have enough room in my garage. I wonder how coins are doing?

Attachment 341331

This is a good point, I think. I'm not sold that a herd mentality would be the biggest factor in prices driving up - and in particular, that's because the herd mentality didn't work very well with the Koufax rookie market manipulation a couple years ago. If a herd mentality is all it takes, that card would have stayed at the inflated prices. And FWIW, the fact that that manipulation didn't seem to have a long-term impact makes me think that the hobby is probably in a healthy place.