What's gone down in price?

[GasHouseGang]

Originally Posted by Johnny630

Jackie Robinson 1952 Topps have come down a good amount since the hype

Since the hype, yes. But since 11/2019, which is 2 years ago, a PSA 3 was around $1700. Today's average value of a PSA 3 is $10,497, according to VCP.

[Snowman]

Originally Posted by GasHouseGang

Since the hype, yes. But since 11/2019, which is 2 years ago, a PSA 3 was around $1700. Today's average value of a PSA 3 is $10,497, according to VCP.

Exactly. There was a fairly steep artificial price inflation in Jan through March and then a fairly predictable correction. The market has since flattened out and has even stayed trending upwards again. Of course there are always sub segments of the market that are far more volatile, adding noise to the data, but the overall broader market is extremely strong.

Most of the stuff that has taken a dive has done so for rational reasons. That's a good thing, not a bad thing. Guys were grossly overpaying for graded base cards. Lebron James 2019 base Prizm PSA 10s were selling for around $600 each last year. I know because I sold about 7 or 8 of them. That's asinine when you consider the pop counts (20,000 and counting for the Zion base PSA 10 from that set, and Lebron was printed at the same rate).

[ZiggerZagger]

I guess the cheeky but also correct answer would be high-grade E98's, but that is obviously due to forces outside of the larger market.

Since the seismic early-Pandemic shift in prices, we've had 2 major price corrections -- one in late 2020, and again around March/April 2021. We're clearly not headed below pre-Pandemic prices again, but I don't blame anyone who feels a bit seasick. I've changed my buying behavior several times with different card types during the last 18 months as a result.

Although vintage and PreWar Baseball makes up most of my collection, I also have deep interest in vintage Basketball, as well as other sports and also some non-sport. I've laid off buying whatever felt overheated at time, and sold/traded my spares selectively. Right now, vintage Basketball is seriously cratering, and so I've started poking around there again for my long-term needs -- even though we may not be at the bottom there. 80's and newer is also getting hammered, and so I've even started cautiously buying a few truly key Modern cards here and there.

To each his/her own, and collect with whatever risk tolerance you have in this market.
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[Foo3112]

Everything has come down since the peak (Feb-April 2021) but everything is still higher than what it was from late 2019.

[glynparson]

Originally Posted by Foo3112

Everything has come down since the peak (Feb-April 2021) but everything is still higher than what it was from late 2019.

Absolutely untrue. Everything has not come down. Sounds Ike some wishful thinking it is absolutely inaccurate. Yes many things have slid back some,market corrections are normal when things go up like that but not everything has slid back despite the wishes of some entitled collectors.

[cgjackson222]

Originally Posted by glynparson

Absolutely untrue. Everything has not come down. Sounds Ike some wishful thinking it is absolutely inaccurate. Yes many things have slid back some,market corrections are normal when things go up like that but not everything has slid back despite the wishes of some entitled collectors.

Perhaps you could provide an example of something that has gone up since the Feb/April peaks? Perhaps a PSA link?

[Leon]

I think green T206 Cobbys have fallen a little...

.

[MVSNYC]

Originally Posted by Leon

I think green T206 Cobbys have fallen a little...

.

Hi Leon, I have to disagree here...Heritage just had several examples, prices were strong, and last night in LOTG, a 2.5 sold for over $13k. I thought that was a very strong price.

Also, someone mentioned Jeter's SP Rookie...It's definitely come down since the peak earlier this year (like most modern cards, including Jordan), but Modern rose significantly, peaked, then came down and have settled well above where they were a few years ago.

Re: blue chip vintage (T206 HOFers/rare backs, 33 Goudey Ruths, Cracker Jacks, etc, etc), well they've only gone up and up...

[Johnny630]

Originally Posted by cgjackson222

Perhaps you could provide an example of something that has gone up since the Feb/April peaks? Perhaps a PSA link?

What’s going to happen If the investor exits the card market ??

[dio]

Originally Posted by Johnny630

What’s going to happen If the investor exits the card market ??

They'll come back after price dropped for another entry point
I think now it's a great time to buy the dip before another uprun. Maybe a year, maybe 2.

[obcbobd]

Originally Posted by Johnny630

What’s going to happen If the investor exits the card market ??

I will dance a jig :-)

[jhs5120]

Originally Posted by cgjackson222

Perhaps you could provide an example of something that has gone up since the Feb/April peaks? Perhaps a PSA link?

PSA graded tickets immediately come to mind. Some tickets are 10x since Feb/Mar.

[Frankish]

Originally Posted by jhs5120

PSA graded tickets immediately come to mind. Some tickets are 10x since Feb/Mar.

I've noticed this, too.

Totally off on this tangent, because prices are definitely up not down over the last two years (the question in the OP), but....

Original photos (particularly PSA authenticated ones) also seem to be quite strong now. While it's harder to make exact comparisons due to lack of grading, I had a more than a dozen photos in the Love of the Game auction that ended last night and (with only a couple of exceptions) the prices were much higher than I would have expected in Feb/Mar/April. Similarly, the two photos I wanted to buy also sold for much more than I believe I could have bought them for earlier.

[Schlesinj]

Originally Posted by jhs5120

PSA graded tickets immediately come to mind. Some tickets are 10x since Feb/Mar.

You beat me to the punch as I was just going to post that.

Small example: I had been searching for a 1927 World Series game 1 ticket (Pop 21) after I failed to win one for around $500 a year plus ago. Three have come up for auction the last year and they sold for $2k-$3k. A graded version has a BIN for $10k (which I assume will sit there for a while). I was happy to land the one on Love of the Game today.

Maybe a general statement that some memorabilia has seemed to jump in price. We have seen some type 1 photos, tickets, bats (although I have not been watching them particularly). We have seen a few threads of collectors here that have shifted focus a bit to memorabilia since it is a little more affordable, so I am sure that is a reason.

[cgjackson222]

Originally Posted by cgjackson222

Perhaps you could provide an example of something that has gone up since the Feb/April peaks? Perhaps a PSA link?

Sample is only 1, but Ruth Goudeys #53 and #144 have gone up since April in mid-grade.
https://www.psacard.com/auctionprice...ues/237936#g=4
https://www.psacard.com/auctionprice...ues/238055#g=5

[Bigdaddy]

As folks have mentioned earlier, the Jordan RC has come down significantly since its spring peak. Just to add some numbers to the discussion, earlier this year, a PSA 8 was bringing upwards of $18k; now they are trading at $8k or less.

But while I don't have the numbers in front of me, I'd bet that they are still above what they were two years ago at the end of 2019.

[Foo3112]

Originally Posted by glynparson

Absolutely untrue. Everything has not come down. Sounds Ike some wishful thinking it is absolutely inaccurate. Yes many things have slid back some,market corrections are normal when things go up like that but not everything has slid back despite the wishes of some entitled collectors.

Okay, so we have a total of about 2 examples of cards and game tickets that have gone above from the Feb-Apr 2021 prices. So apparently 99.2% has come down and not everything.

[bnorth]

Originally Posted by Foo3112

Okay, so we have a total of about 2 examples of cards and game tickets that have gone above from the Feb-Apr 2021 prices. So apparently 99.2% has come down and not everything.

If we forget we are in the card section and get to compare it to memorabilia there are a LOT of examples of things going up. Not so much if we keep it to just cards. Baseball bats like store models and index/pro stock have gone up it what I buy.

[Rhotchkiss]

Originally Posted by Foo3112

Okay, so we have a total of about 2 examples of cards and game tickets that have gone above from the Feb-Apr 2021 prices. So apparently 99.2% has come down and not everything.

I feel many things are up since April. All graded t206s, 1914 cracker jacks, 1933 Goudey, especially in grades 5+. Everything Ruth, Wagner, Cobb, Jackson, Gehrig. Most things old and rare - look at the w600 Kelley that sold for $6000 last night; this is a card that has gone down consistently and steadily since 2008 and than set a record high last night (see first attachment)

It appears that many of the “herd” cards - iconic yet very common and mostly post 1940 - have gone down since April. But the big boy and rarer pre war cards, especially blue chip players and sets, most certainly are NOT down since April and continue to climb. This includes the T206 Green Cobb, which also set a record last in LOTG (see second attachment).

[Leon]

Originally Posted by Rhotchkiss

I feel many things are up since April. All graded t206s, 1914 cracker jacks, 1933 Goudey, especially in grades 5+. Everything Ruth, Wagner, Cobb, Jackson, Gehrig. Most things old and rare - look at the w600 Kelley that sold for $6000 last night; this is a card that has gone down consistently and steadily since 2008 and than set a record high last night (see first attachment)

It appears that many of the “herd” cards - iconic yet very common and mostly post 1940 - have gone down since April. But the big boy and rarer pre war cards, especially blue chip players and sets, most certainly are NOT down since April and continue to climb. This includes the T206 Green Cobb, which also set a record last in LOTG (see second attachment).

I agree with most of what you say Ryan, but I have to disagree on this one. That was a stellar 3 and should have gone a little higher. And the collectors eyes were on it, so it didn't get overlooked. You know as much as anyone that all cards, in a specific grade, don't carry the same value. Sure a crappy looking 3 might get 10k-12k but a great looking one would have gone for more previously, imo...

[glynparson]

Originally Posted by Foo3112

Okay, so we have a total of about 2 examples of cards and game tickets that have gone above from the Feb-Apr 2021 prices. So apparently 99.2% has come down and not everything.

People have listed a lot more than two examples. Your statement was BS. You were wrong just stfu.

[mrreality68]

Originally Posted by glynparson

People have listed a lot more than two examples. Your statement was BS. You were wrong just stfu.

It is not a matter of who is right or not but more about us all being informed and better understanding of the trends to help us each make better collection and/or investment decisions

[Foo3112]

Originally Posted by glynparson

People have listed a lot more than two examples. Your statement was BS. You were wrong just stfu.

You sound like a complete prick and then when I read about what others have to say about you, it appears I’m correct. Appears you don’t have many friends here. Please follow the advice of others and just go away.