Bursting Bubble

[dio]

Prices are softening. Not much bidder at heritage that ends in 3 days

[joshuanip]

Originally Posted by dio

Prices are softening. Not much bidder at heritage that ends in 3 days

The real bidding starts in extended bidding. All those that bought a ticket are just waiting for the show... no need to bid up this early right now...

[troutbum97]

Originally Posted by joshuanip

The real bidding starts in extended bidding. All those that bought a ticket are just waiting for the show... no need to bid up this early right now...

Exactly.
I got my placeholder bids in on Day One.
Bidding now is suicide.

[joshuanip]

Originally Posted by dio

Prices are softening. Not much bidder at heritage that ends in 3 days

To your point, I have just found better places to put my capital (today).... I still have my eye on two lots, but cutting bait on the rest...

[Peter_Spaeth]

If prices are softening, you wouldn't know it by various ebay auctions I saw last night where I felt like, in the words of the Disney song (and very politically incorrect one), I had seen an elephant fly.

[troutbum97]

Originally Posted by Peter_Spaeth

If prices are softening, you wouldn't know it by various ebay auctions I saw last night where I felt like, in the words of the Disney song (and very politically incorrect one), I had seen an elephant fly.

Probstein sold a 1950 Bowman Jackie Robinson in a PSA 3 on Tuesday night for $4,308. I mean. WTF !!??

Flying elephant right there.

[Exhibitman]

Originally Posted by troutbum97

Probstein sold a 1950 Bowman Jackie Robinson in a PSA 3 on Tuesday night for $4,308.

Did they, though?

[MattyC]

If collectors take a deeper, critical look into the PSA 10 Jordan sale spikes that ignited much of this frenzy or that Rock card that garnered some press, for example, I think eyebrows will be raised at the underlying dynamics. We may ultimately look back and see this whole house of cards, this frenzy, was touched off by actions borne of conflicted interests.

[mechanicalman]

Originally Posted by MattyC

If collectors take a deeper, critical look into the PSA 10 Jordan sale spikes that ignited much of this frenzy or that Rock card that garnered some press, for example, I think eyebrows will be raised at the underlying dynamics. We may ultimately look back and see this whole house of cards, this frenzy, was touched off by actions borne of conflicted interests.

It’s hard to imagine an auction house receiving $40mm in investment, with all the legal and financial due diligence that goes into such transactions, if there were a number of fake sales, and therefore, false financials, on the books.

[Peter_Spaeth]

Originally Posted by Exhibitman

Did they, though?

I saw 10 auctions or more last night that I absolutely could not believe. Funny how many were PWCC. I mean who knows. But 3K plus for a USAIN BOLT??

My favorite was 33K for a not that difficult Messi sticker in a Beckett 9.5.

Stunning.

[mechanicalman]

Originally Posted by Peter_Spaeth

I saw 10 auctions or more last night that I absolutely could not believe. Funny how many were PWCC. I mean who knows. But 3K plus for a USAIN BOLT??

My favorite was 33K for a not that difficult Messi sticker in a Beckett 9.5.

Stunning.

With all due respect, it seems like you’ve been stunned by prices for as long as I’ve been on this board.

[Wanaselja]

Originally Posted by troutbum97

Probstein sold a 1950 Bowman Jackie Robinson in a PSA 3 on Tuesday night for $4,308. I mean. WTF !!??

Flying elephant right there.

PWCC has a PSA 4.5 ending tonight that’s at $5500.

[troutbum97]

Originally Posted by Wanaselja

PWCC has a PSA 4.5 ending tonight that’s at $5500.

LMFAO -

Great catch. I have a bunch of early, low placeholder bids on PWCC material that ends tonight just to see if my laptop melts.

[Touch'EmAll]

Someone already pointed out - but the sheer quantity of PSA '54 Banks cards floors me. I thought that was a tough, seldom seen card.

[troutbum97]

Originally Posted by Wanaselja

PWCC has a PSA 4.5 ending tonight that’s at $5500.

That 1950 Bowman J. Robinson PSA 4.5 sold for $5,877.

Did you see the 51 Bowman Mantle / PSA 3? Hammer price: $29,100

A centered PSA 4 Clemente 55T RC hit $6,377.

[dio]

Originally Posted by troutbum97

That 1950 Bowman J. Robinson PSA 4.5 sold for $5,877.

Did you see the 51 Bowman Mantle / PSA 3? Hammer price: $29,100

A centered PSA 4 Clemente 55T RC hit $6,377.

The one psa 7 aaron sold today for 23k, that's a weaker one
There's a few lower grade one went lower than previous few weeks, i think the death affect has worn out now starting to stabilize

the mantle psa 3 not as good as the one sold here a month or two ago , i think the price is about the same.

[moogpowell]

PWCC (Prices Will Consistently Climb)

[Exhibitman]

Originally Posted by troutbum97

That 1950 Bowman J. Robinson PSA 4.5 sold for $5,877.

Did you see the 51 Bowman Mantle / PSA 3? Hammer price: $29,100

A centered PSA 4 Clemente 55T RC hit $6,377.

Allegedly.

[Snapolit1]

Originally Posted by dio

Prices are softening. Not much bidder at heritage that ends in 3 days

Ha ha. That's a good one.

A Jackie photo sold last night in Heritage for $360,000, that I'm pretty sure I once took a pass on for $22,000. A card I sold a friend for $9,000 two years ago sold for $75,000. Yep, it's the beginning of the end.

[dio]

Originally Posted by Snapolit1

Ha ha. That's a good one.

A Jackie photo sold last night in Heritage for $360,000, that I'm pretty sure I once took a pass on for $22,000. A card I sold a friend for $9,000 two years ago sold for $75,000. Yep, it's the beginning of the end.

Nope, bubble not bursting, tonight's heritage still strong

[Brian Van Horn]

This period of time is simply hilarious.

[Chicosbailbonds]

I would think it will remain strong thru the next round of $1400 stimilus checks, then watch out.

[bbcard1]

I think a lot of the big money that came into it has taken those cards out of circulation for the longterm. There are warehouses full of art no one will ever see. I actually think people began seeing baseball cards like art.

While I think things will level off, I don't think there's going to be a bubble pop unless there is a baseball work stoppage. People don't care what basketball and football players do...the fan base is enthusiastic but their view of history is short term. Baseball fans take every labor issue and new record contract as a personal affront and start whining about how they will never be able to afford to go to a game again. Fact of the matter is that during the 2020 season you could get often get tickets for less than the price of a movie in many markets so long as you were not wanting weekend tickets or to see one of the super popular teams (Yankees, Red Sox, etc.).

Personally I never worry about the business side of baseball. For those who gave up on it in 95 or 96, I'm sorry you felt that way but you missed some amazing players.

[The Nasty Nati]

Originally Posted by Chicosbailbonds

I would think it will remain strong thru the next round of $1400 stimilus checks, then watch out.

I think the stimulus checks are barely making any difference with the way the card market is going.

It mostly has to do with people who don't qualify for stimulus checks having nothing to spend their disposable money on.

[egri]

Originally Posted by The Nasty Nati

I think the stimulus checks are barely making any difference with the way the card market is going.

It mostly has to do with people who don't qualify for stimulus checks having nothing to spend their disposable money on.

I think it depends on the card. The ones that get most of the headlines here, you're right, they aren't being driven by the checks, but a lot of the cards that used to be in the $100 range and are now high hundreds or more, I could see the checks moving the needle on those. There was a thread here the other day about the 1954 Topps Jackie Robinson in PSA 3? 4? going from $75 a year ago to ~$400 today, and it wouldn't surprise me if the checks had something to do with that.

[rjackson44]

Originally Posted by Snapolit1

Ha ha. That's a good one.

A Jackie photo sold last night in Heritage for $360,000, that I'm pretty sure I once took a pass on for $22,000. A card I sold a friend for $9,000 two years ago sold for $75,000. Yep, it's the beginning of the end.

Hi steve lol your funny

[Snapolit1]

Originally Posted by rjackson44

Hi steve lol your funny

I sold a board member a Jackie Leaf SGC 60 for I think $9000.

I need to let it go as the song goes. . . .

https://www.youtube.com/watch?v=l0-j-EJOzRA