Well this sure is interesting! Goldin/PSA now the same?

Peter_Spaeth · #1 07-02-2021, 06:20 PM

It seems there's huge money these days in high grade slabbed cards with manufactured scarcity, particularly basketball. I do wonder if that model is sustainable over the long term.

Johnny630 · #2 07-02-2021, 06:48 PM

Quote:

Originally Posted by Peter_Spaeth

It seems there's huge money these days in high grade slabbed cards with manufactured scarcity, particularly basketball. I do wonder if that model is sustainable over the long term.

Despite their BS Emails about the strength, popularity, and long-term potential I think they know this will only last so long, they have an exit strategy when the time comes. Until then they will keep leveraging every facet of this market pumping all the way....nothing has stopped them thus far.....TaKe It with a grain of salt.

Peter_Spaeth · #3 07-02-2021, 07:17 PM

Quote:

Originally Posted by Johnny630

Despite their BS Emails about the strength, popularity, and long-term potential I think they know this will only last so long, they have an exit strategy when the time comes. Until then they will keep leveraging every facet of this market pumping all the way....nothing has stopped them thus far.....TaKe It with a grain of salt.

That would be my belief -- that eventually the music stops.
I can't believe real people are going to continue to pay these astronomical sums on these type of cards for the indefinite future.

peanuts · #4 07-02-2021, 07:45 PM

Honestly, this isn't super surprising. Nat Turner did an interview on SportsCardsLive a few weeks back and briefly talked about where he wanted to take PSA/CU Group in the future. He said that the "trust and faith in" the PSA brand was a big part of its value, especially with newer collectors, and thought it could be tapped in to. It sounded more like he was leaning towards a storage/buy/sell marketplace operated by PSA, but running an AH fits the bill!

I think that only time will tell whether or not the sale is a net positive. Fingers crossed that this all goes well!

(Link to his interview: https://www.youtube.com/watch?v=v9Cbq8W98MY)

ullmandds · #5 07-02-2021, 09:03 PM

Quote:

Originally Posted by peanuts

honestly, this isn't super surprising. Nat turner did an interview on sportscardslive a few weeks back and briefly talked about where he wanted to take psa/cu group in the future. He said that the "trust and faith in" the psa brand was a big part of its value, especially with newer collectors, and thought it could be tapped in to. It sounded more like he was leaning towards a storage/buy/sell marketplace operated by psa, but running an ah fits the bill!

I think that only time will tell whether or not the sale is a net positive. Fingers crossed that this all goes well!

(link to his interview: https://www.youtube.com/watch?v=v9cbq8w98my)

"especially with the newer collectors" is key here as those of us who have been around since the beginning have seen how trusworthy psa is!

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