![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
|
|
#1
|
||||
|
||||
![]() Quote:
__________________
Dan |
#2
|
|||
|
|||
![]() Quote:
Now, you just auction it off on ebay and get paid what it's worth whenever you want. |
#3
|
||||
|
||||
![]() Quote:
Basically it would be the pwcc vault, with a significantly reduced maintenance fees to scale up, and when an investor wants to sell his card, he can sell it in a marketplace or auction format for a much smaller nominal fee. Say flat fee instead of percentage. The buyer has the right to demand settlement upon purchase and pay shipping, or keep the card in the repository fee free for a year... |
#4
|
||||
|
||||
![]()
BST the bitch and save the vig.
The price rises are fueling the momentum in a true FOMO cycle. The cards I am tracking are not the five and six figure headliners but they are setting price records every day. A card I thought of as a reasonable buy at $500 in October is a steal at $1500 today.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 02-08-2021 at 04:06 PM. |
#6
|
|||
|
|||
![]() Quote:
I always thought the best chance of solving the problem was simply forums like this becoming huge. If the traffic at places like this got anywhere near even 1/3 to 1/2 of ebay levels, we'd really have something. Last edited by cardsagain74; 02-08-2021 at 07:06 PM. |
#7
|
||||
|
||||
![]()
With the big guys (especially Mantle, duh!), I believe the prices are here to stay and up, up and away they will continue to go. Sure, some of the less valuable and more overproduced cards will decline, but I don't see any sort of market-wide drop in cards of the all-time-greats ever coming. Now, when you see the ridiculous prices being asked for lesser HOF'ers and whatnot, etc., that thing is unsustainable!!! No way that's ever going to last.
__________________
All the cool kids love my YouTube Channel:
Elm's Adventures in Cardboard Land ![]() https://www.youtube.com/@TheJollyElm Looking to trade? Here's my bucket: https://www.flickr.com/photos/152396...57685904801706 “I was such a dangerous hitter I even got intentional walks during batting practice.” Casey Stengel Spelling "Yastrzemski" correctly without needing to look it up since the 1980s. Overpaying yesterday is simply underpaying tomorrow. ![]() |
#8
|
||||
|
||||
![]() Quote:
With the advent of eBay, not only can I find that card - I can decide I want it at 10 pm, then go online and there are likely a dozen or more of them at my fingertips that can be here next Tuesday. Trust me as an introverted kid growing up the late 80's and early 90's - for all it's problems - eBay and online selling is quite literally a dream come true. Oh! And then there were all those old MAD magazines I could never find...
__________________
Postwar stars & HOF'ers. Currently working on 1956, '63 and '72 Topps complete sets. Last edited by jchcollins; 02-08-2021 at 05:30 PM. |
#9
|
||||
|
||||
![]() Quote:
But, it seems like QE and the money printing is a stimulus for the (semi)wealthy. My investment portfolio was down 42% on March 23rd last year. Since then, my investments (and net worth) have more than doubled. Based on income, I don't qualify for the $2,000. But it seems that I get the a 10x factor of that benefit every time they juice the economy with more money. This could be just coincidental, but that money feeds the market and it feeds corporate earnings and that drives valuations. I make a nice living with a paid off house and college saved, so I should be one of those people that are being described that are buying into the market. However, I bought one card in 2020 and just track auctions and prices so far this year. I have a memory of 2012-2015 prices and my mind won't seem to ever let me pull the trigger anymore. So the person buying the PSA 7 Mantle must be playing in a different stratosphere and considers it an asset class. I have a tough enough time leaving my collection in cards versus converting to equities. When you factor in the risk of fire and theft as well as the eventual costs with estate taxes at 28% and auction house fees, it just doesn't seem to make sense long term. The fact that someone would have several hundred grand in liquid cash to add to a safe or safe deposit box somewhere just seems hard to believe. It is not like they aren't getting good returns in equities right now. But there is some crazy money out there, I guess.
__________________
2024 Collecting Goals: 53-55 Red Mans Complete Set |
#10
|
|||
|
|||
![]() Quote:
Yes, I agree with your thoughts. The overall economic stimulus definitely helps. I was referring to lots of people who believe the 1200 or whatever payment they received was helping drive this train.. which I’d disagree. However, I’d agree with your theory. |
![]() |
|
|
![]() |
||||
Thread | Thread Starter | Forum | Replies | Last Post |
Easiest way to tell if card is skyrocketing.wish there was program for this | 1952boyntoncollector | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 1 | 09-19-2020 08:41 AM |
Skyrocketing Card Values Lately - Theories? | MailboxBaseball | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 65 | 07-05-2020 12:21 PM |
SMR card prices | PhillipAbbott79 | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 1 | 02-14-2017 04:37 AM |
Vintage Card Prices | Railroad Bill | Postwar Baseball Cards Forum (Pre-1980) | 4 | 06-09-2011 08:11 AM |
maybe OT: How do vintage card prices compare to coin prices? | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 15 | 08-25-2005 05:03 PM |