Anyone watching the insane basketball card prices?

[Exhibitman]

1961 Fleer Bill Russell IA PSA 7 $449 this evening, one bid. September 1st, $1150.

[Peter_Spaeth]

Pete Townsend was wrong.

[vintagewhitesox]

Originally Posted by Peter_Spaeth

Pete Townsend was wrong.

Mama DOESN'T have a squeeze box, you are telling me?

in basketball, stick with MJ, Kobe, Lebron. wont go wrong.

[Lorewalker]

Originally Posted by Peter_Spaeth

Pete Townsend was wrong.

Well 4 years ago is almost a lifetime ago...that is almost 28 years if you are a dog so it is easy to forget when there is so much passion in the air from the game changers.

[Peter_Spaeth]

You have to wonder how much of it was accomplished, as it was before, by "sales" never paid for.

[Lorewalker]

Originally Posted by Peter_Spaeth

You have to wonder how much of it was accomplished, as it was before, by "sales" never paid for.

Do you actually have to wonder? I am sure there have to be some people who wished they had not paid.

[Peter_Spaeth]

Originally Posted by Lorewalker

Do you actually have to wonder? I am sure there have to be some people who wished they had not paid.

You also have to wonder how the extended return periods (as I understand it anyhow) might play into it. If you follow Blowout, on this new Topps issue (Project 2020) where cards were run to the moon then dropped to the ocean floor, there apparently were a huge number of returns from unprincipled people with buyer's remorse.

[Lorewalker]

Originally Posted by Peter_Spaeth

You also have to wonder how the extended return periods (as I understand it anyhow) might play into it. If you follow Blowout, on this new Topps issue (Project 2020) where cards were run to the moon then dropped to the ocean floor, there apparently were a huge number of returns from unprincipled people with buyer's remorse.

Yes I saw some of that on that board. I just figured in most cases they had to be millennials having remorse as opposed to some price manipulation but who knows. The vast window for returns leaves a lot of sellers vulnerable for returns on everything that was run up that has made its way back down or is heading there.

Hang on to the funds fellas ya might have to give them back 4 months from now. Book the sale and the contingent liability!