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#1
02-08-2021, 01:35 PM
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Our cards being worth something is always kind of a nice fallback, a hobby which you can get something out of if you really need to - and not something like owning a boat where you just essentially pour money through a hole in the water as your "asset" only depreciates more and more over time.
What I hate about these boom and bust markets though, is how it makes us feel about our cards on a daily basis. Sure, I'm glad they are worth "something", but all this FOMO (whether we admit it or not...) creeping in causes us to question our decisions, and forces a financial view upon things when in some cases it wasn't necessarily there before. I don't blame people for taking an interest in what certain cards are worth, especially if whatever is stashed away in their closet or safety deposit box may suddenly be now exponentially more valuable. It's just human nature. Especially if it would help someone retire sooner, or something like that. But it forces that devilish catch-22 of having to consider some of the financial aspects, when for many hobbyists for a long time - it wasn't necessarily about that. So, for me at least - all this valuation bubble stuff is very much a mixed bag of tricks.
__________________
Postwar stars & HOF'ers. Currently working on 1956, '63 and '72 Topps complete sets. Last edited by jchcollins; 02-08-2021 at 01:40 PM. 
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#2
02-08-2021, 02:16 PM
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__________________
John Otto 1963 Fleer - 1981-90 Fleer/Donruss/Score/Leaf Complete 1953 - 1990 Topps/Bowman Complete 1953-55 Dormand SGC COMPLETE SGC AVG Score - 4.03 1953 Bowman Color - 122/160 76%
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#3
02-08-2021, 02:22 PM
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Quote:
__________________
Postwar stars & HOF'ers. Currently working on 1956, '63 and '72 Topps complete sets.
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#4
02-10-2021, 09:10 AM
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#5
02-10-2021, 09:28 AM
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I have a theory and I believe it is sound but nobody likes it on the main board. There are a few unscrupulous sellers who are known to shill bid their auctions or at least not do anything about their consignors shill bidding their auctions and over the last few years there have been thread after thread about them.
The threads all have a common theme: how is X getting this price for this card? They're not. Nobody ever pays for the card. That's why the card gets listed over and over and over again by the same seller. It never actually sold. BUT if you have the same card in the same condition and you SEE a sale price for a card that didn't actually sell, you're more than likely to use that sale as a benchmark for pricing your own card, believing that price to be market value. As a result, you have cheap cards being measured against a price point they should have never reached. Thereby raising the price of that card.
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#6
02-10-2021, 09:35 AM
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#7
02-10-2021, 10:04 AM
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Totally Agree and it's been happening for years....It's my guess it's legal/or extremely difficult to prove, Who is the Victim? Is it the Marketplace and Future Perspective Buyers? I don't know seems like a conspiracy to me but I guess without a true victim its hard to charge..idk i'm holding out hope .....but have little to no faith left. We know altering a card isn't a crime. We know TPG's won't back up their grade, we know most major auction houses will not accept returns, we know to expect to see the same card by same auction house to be relisted time and time again always selling or we are led to believe selling at a higher number. Very Odd Or How about a now expected to see norm...it's depressing. I see no signs of this stopping.....it's Had No Effect on the Prices Rising. Will it only continue to go up???? Who Knows.... I've been wrong before. One thing in this hobby will never change, Buyer Beware. That's all you can do, protect yourself, no one else will. Last edited by Johnny630; 02-10-2021 at 10:18 AM.
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#8
02-10-2021, 10:17 AM
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I believe this is exactly why prices have risen. It's all artificial and not representative of any kind of market. On the main board there are a lot of guys who like to play economics chair and make all these points about the FED and interest rates and all this other crap.
Listen, I've been buying cards since I was 8 years old. Federal interest rates have factored into my purchasing power and decision making exactly 0 times.
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#11
02-12-2021, 07:29 AM
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It’s my opinion that this same card will be relisted by the same auction within 1 to 3 months from now. Investors aren’t stupid or blind the fundamentals are not there for this said price. I understand momentum, this reminds me of GameStop. That’s just me that’s just my opinion I could be dead wrong. This card is a beautiful card in my personal opinion it could go between 10 and 15k but 40 with two days to go is pie in the sky in my book
I’m sorry I don’t trust this number as a true Value of said card. Someone please shut me up if I’m off base but I adimentqly think the contrary. Last edited by Johnny630; 02-12-2021 at 07:36 AM.
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