Crazy escalation in card prices, or is it just me?

[rats60]

Originally Posted by packs

To me a Buy It Now price always means Never Buy This Card.

I have seen cards bought from major auction houses immediately listed for two to three times more on eBay and then go unsold for months or years.

[bobbyw8469]

Originally Posted by rats60

I have seen cards bought from major auction houses immediately listed for two to three times more on eBay and then go unsold for months or years.

I guess people don't realize that a lot of us watch the same auctions.

[brett 75]

It does seem that prices or over bidding has gone up in the last month. Was recently watching some exhibit lots that had seen the prices double or triple. Eddie Watikus portrait for $51.00 ? In excellent condition ungraded not even Mint. This seems to be just the opposite of the 2008 recession where cards could be purchased at a fair or discounted level. Im doing a lot of watching at this point not going to get caught up in the bidding madness. Might be time to sell😁!
Brett

[MULLINS5]

Gretzky 1979 OPC RC PSA 5 sold for $2,600 USD today.

[Exhibitman]

I was astounded the other night when I sat down and ran a bunch of card prices on PSA's site. Across the board increases anywhere from 10% up to 300%. The major postwar RCs in particular seem to be on fire in just about any grade. A PSA 3 Aaron RC is now a $1700-$2000 card.

[Republicaninmass]

I agree on Aaron, but I think he was/is undervalued. I just don't know what changed. 52 May's as well.


Do people feel.once they pass their cards might get a spike? I'm always the cynic when it comes to crazy run ups on anything!

[bobbyw8469]

I think more people are entering the hobby. There is no other explanation for the crazy spike in such a short period of time. This is different than the "buying group".