Why has market gone crazy? And outlook?

[CitizunKane]

Originally Posted by GregMitch34

For example, that big climb in t206s prices--does that linger now or does the reality of many examples for most cards in the set arrive and we see a major fall back?

It's been truly remarkable to see, particularly the $15-$20 commons now selling for $50. That's one area that I think might soften a bit - I know that demand is high (I'm a buyer myself!), but poor condition SC and Piedmont T206 commons are not scarce. If anything, I see them settling at a price a little lower than they are now, but still quite a bit higher than pre-pandemic.

T206 Hall of Famers (particularly those with name recognition), though? I just can't see them dropping much absent a generational financial crisis or an event that leads to people leaving the hobby en masse.

[Johnny630]

The Rich Got Richer....ie the people spending 6 six figures at ease in auctions on slabbed higher end cards. The middle class got a little richer... drove up middle grade 4-7 graded cards and raw cards in VG-EMXT Shape...the poor got poorer but they still bought an occasional beatter poor to good shape card.

Notice now the off grade stuff has flatlined not talking rare or key graded stars talking the average. It's going to be interesting to see how this plays out. I think middle late next year things could be interesting. Meanwhile for this year and early next year i see ZERO signs of a recessions. The market will be higher then it started Jan 01 2021.

[Touch'EmAll]

Lets put it this way - I am not selling any nice vintage to then drop the coin into the stock market. Nope.

[CJinPA]

Originally Posted by Touch'EmAll

Lets put it this way - I am not selling any nice vintage to then drop the coin into the stock market. Nope.

..... but if you do sell any nice vintage, maybe Bitcoin?

[toledo_mudhen]

Originally Posted by CitizunKane

It's been truly remarkable to see, particularly the $15-$20 commons now selling for $50.

Been noticing the increase on commons for the last year and especially the last several months.

Many of you know that I have started down the T206 route but prior to that - I had been a 1950s collector for a long long time.

Just pull up eBay Search - "1955 Topps PSA" and look at the double digit (and lately triple digit) ASK on common Cards and absolutely ridiculous ask on stars and semi stars.

Extremely disgustipatin............sigh

[Directly]

With 2022 HRO DC - BATMAN Mythic- Physical Hybrid Card - Unredeemed selling in the $2,000 range, I wouldn't worry to much about vintage sports cards prices collapsing anytime soon--MOO

[toledo_mudhen]

Originally Posted by Directly

With 2022 HRO DC - BATMAN Mythic- Physical Hybrid Card - Unredeemed selling in the $2,000 range, I wouldn't worry to much about vintage sports cards prices collapsing anytime soon--MOO

LOL - Don't even have a clue as to WHAT THAT IS

[wolf441]

Originally Posted by Directly

With 2022 HRO DC - BATMAN Mythic- Physical Hybrid Card - Unredeemed selling in the $2,000 range, I wouldn't worry to much about vintage sports cards prices collapsing anytime soon--MOO

LOL, I read the first 8 words of your post and thought it was another Bitcoin scammer!

[JollyElm]

I continue to live by my statement:
"Overpaying yesterday is simply underpaying tomorrow."

[Republicaninmass]

People buying cards with Pandemic protection funds

[joshleon]

Originally Posted by Republicaninmass

People buying cards with Pandemic protection funds

I heard of people using food stamps to buy E93s and 55 Bowmans at a show in NJ.