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#1
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"I think the only place where there is a 'bubble' is the high end modern cards, Trout, etc."
"The temptation to sell was too strong for me I unloaded my basketball rookies Alcindor, Chamberlin and West and glad I did I can't see them going up any more. I am already seeing them going back down." The latter is being proven by the evidence. I sold a bunch of stuff into the rising market and am waiting for the downdraft to go a bit lower to replace them. Way I see it is that someone rented my cards for a little while.
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... |
#2
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Love to see these long time basketball collectors sell into the upswing and make big bucks! You guys deserve it. Basketball was under appreciated for a long time (save Jordan RC's). Just bought my first basketball card couple weeks back. Wish I had started years ago.
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Join my Cracker Jack group on Facebook: https://www.facebook.com/groups/crac...rdsmarketplace https://www.collectorfocus.com/collection/ajohnson39 *Proudest hobby accomplishment: finished (and retired) the 1914 Cracker Jack set currently ranked #7 all-time. |
#3
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Not sure this is evidence of anything other than rising prices - does not make it a bubble. I do not think the collectors who jumped in because of COVID are leaving. I never bought a basketball or hockey card in my life until June. Given, I am not buying any bball/hockey north of $100, but I am not going to leave collecting when we get a vaccine. I think most of the new money in the hobby is coming from people like me. The people paying $100s of thousands for Trouts are a different breed - they are traders, and will be on to the next thing at some point.
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Deals Done: GrayGhost, Count76, mybuddyinc, banksfan14, boysblue, Sverteramo, rocuan, rootsearcher60, GoldenAge50s, pt7464, trdcrdkid, T206.org, bnorth, frankrizzo29, David Atkatz, Johnny630, cardsamillion, SPMIDD, esehombre, bbsports, babraham, RhodeyRhode, Nate Adams, OhioCardCollector, ejstel, Golfcollector, Luke, 53toppscollector, benge610, Lunker21, VintageCardCo, jmanners51, T206CollectorVince, wrm, hockeyhockey Collecting: T206 Monster #236 |
#4
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Basketball is an especially interesting one to get into because there were so few sets from 1950-1970. It is 'doable' for a new collector.
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 10-01-2020 at 11:44 PM. |
#5
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yes of course, but they have not deflated. Thats my point. for the reasons i stated, I don't think 70s basketball is the same as Trout, etc.., the buyers are real and are here to stay. As of now there is no evidence this is a bubble, just rising prices. Happy you sold your cards at a really high price, but assuming you are able to buy them back at half the price is simply speculation.
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Deals Done: GrayGhost, Count76, mybuddyinc, banksfan14, boysblue, Sverteramo, rocuan, rootsearcher60, GoldenAge50s, pt7464, trdcrdkid, T206.org, bnorth, frankrizzo29, David Atkatz, Johnny630, cardsamillion, SPMIDD, esehombre, bbsports, babraham, RhodeyRhode, Nate Adams, OhioCardCollector, ejstel, Golfcollector, Luke, 53toppscollector, benge610, Lunker21, VintageCardCo, jmanners51, T206CollectorVince, wrm, hockeyhockey Collecting: T206 Monster #236 |
#6
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#7
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 10-02-2020 at 07:48 AM. |
#8
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Deals Done: GrayGhost, Count76, mybuddyinc, banksfan14, boysblue, Sverteramo, rocuan, rootsearcher60, GoldenAge50s, pt7464, trdcrdkid, T206.org, bnorth, frankrizzo29, David Atkatz, Johnny630, cardsamillion, SPMIDD, esehombre, bbsports, babraham, RhodeyRhode, Nate Adams, OhioCardCollector, ejstel, Golfcollector, Luke, 53toppscollector, benge610, Lunker21, VintageCardCo, jmanners51, T206CollectorVince, wrm, hockeyhockey Collecting: T206 Monster #236 |
#9
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There are some good guys in the basketball section; might wanna check in over there.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... |
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