What is happening with baseball card prices?

Johnny630 · #1 02-12-2021, 08:01 AM

https://www.ebay.com/itm/1952-Bowman...IAAOSwZylgHI8t

How can this be explained ??????

This card has consistently sold between $5,500-7,500 of recent in 7 Grade now with 2 days left this $40,000 ???????

This one takes the cake......how does this make sense??

packs · #2 02-12-2021, 08:16 AM

In this very thread is the same phenomenon I described above.

sflayank · #3 02-12-2021, 08:16 AM

Can't be explained
There's a BIN for 18k up there psa 7
Nobody is paying 40k for sgc 7

rats60 · #4 02-15-2021, 10:40 AM

Quote:

Originally Posted by Johnny630

https://www.ebay.com/itm/1952-Bowman...IAAOSwZylgHI8t

How can this be explained ??????

This card has consistently sold between $5,500-7,500 of recent in 7 Grade now with 2 days left this $40,000 ???????

This one takes the cake......how does this make sense??

The PSA 7 rookie sold for 115 k, so maybe the price isn't too far out of line. Time will tell if these prices are real or can hold. We went thru this in 2016, but this is much bigger affecting pretty much everything.

dio · #5 02-15-2021, 10:47 AM

If 52 bowman is WTF
how do you explain this by a member

PSA 3 at that moment is around 12k, member here sold it for 29k, it is a VERY VERY nice3
same goes with the 52 bowman. it is overprice but someone might really pay for the centering(i'm not a center freak)

https://net54baseball.com/showthread...+mickey+mantle

bks14sr · #6 02-15-2021, 12:36 PM

52T Mays PSA 5.5 did $35,700 last night. My centered PSA 5 cost me $2900 in 2019, slightly overpaying during that time. With that rate of change and some extrapolation, retirement in my 40s seems justifiable. Hoping the investor boys keep this train moving for the sake of my retirement and GT3 fund.

vintagebaseballcardguy · #7 02-15-2021, 01:10 PM

The longer this goes, the more skeptical I become. I saw two examples occur last night that make me feel this way, both compliments of PWCC. First off, a PSA 3 '52 Topps Jackie Robinson sells for just north of $16k?! Yes, I get the idea that it has supposedly been undervalued for a long time and such, but seriously?

Also last night, I watched a PSA 3 '56 Topps Mays go for $616. That card could have been had for $150-175 for years. Right after that auction ended (another PWCC special), I watched a BIN which was listed at $399 obo get snapped up. Don't get me wrong, I'm not my dad here upset that bread isn't 5 cents a loaf anymore, but even $399 is quite a bit for that card. But that's how it happens. PWCC runs up an auction to a ridiculous level, so that a card that was somewhat overpriced suddenly doesn't look so bad, and it becomes the new normal for that card. This is now happening with PSA 3s! I have resisted wearing the tin foil hat and have shaken my head when I have seen other members indicate they are laying low for a while until this calms down, but even I am starting to think that might not be such a bad idea.

I really don't know what to think, and I may just stick to commons for my sets for a while and see what happens.

edit to add: I have a lot of cards that have risen in value dramatically, but I would sacrifice that in a heartbeat to be able to add stars to my collection at reasonable prices.

bks14sr · #8 02-15-2021, 01:29 PM

Quote:

Originally Posted by vintagebaseballcardguy

The longer this goes, the more skeptical I become. I saw two examples occur last night that make me feel this way, both compliments of PWCC. First off, a PSA 3 '52 Topps Jackie Robinson sells for just north of $16k?! Yes, I get the idea that it has supposedly been undervalued for a long time and such, but seriously?

Also last night, I watched a PSA 3 '56 Topps Mays go for $616. That card could have been had for $150-175 for years. Right after that auction ended (another PWCC special), I watched a BIN which was listed at $399 obo get snapped up. Don't get me wrong, I'm not my dad here upset that bread isn't 5 cents a loaf anymore, but even $399 is quite a bit for that card. But that's how it happens. PWCC runs up an auction to a ridiculous level, so that a card that was somewhat overpriced suddenly doesn't look so bad, and it becomes the new normal for that card. This is now happening with PSA 3s! I have resisted wearing the tin foil hat and have shaken my head when I have seen other members indicate they are laying low for a while until this calms down, but even I am starting to think that might not be such a bad idea.

I really don't know what to think, and I may just stick to commons for my sets for a while and see what happens.

edit to add: I have a lot of cards that have risen in value dramatically, but I would sacrifice that in a heartbeat to be able to add stars to my collection at reasonable prices.

I was also watching that PSA 3 52 Jackie with the wtf thoughts as it finished. If that was a legit sale, there are some true dumb dumb entering the room. I am doing exactly as you mentioned, only searching for common set fillers until things take a shift (which they will).

On the bright side, the shift from big card purchases has reopened my eyes to some toy spending.

Exhibitman · #9 02-15-2021, 01:51 PM

A PSA 3 1953 Topps Paige closed over $1500 (allegedly). A year ago it was a $250-$300 card.

I sold off one of my grotesquely appreciated cards yesterday and will be taking additional profits in the near future.

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