1914 Cracker Jack Joe Jackson auction in SCP - Net54baseball.com Forums
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  #1  
Old 06-04-2022, 10:43 PM
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Maybe he was referring to inflation.
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Old 06-04-2022, 11:02 PM
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Quote:
Originally Posted by darwinbulldog View Post
Maybe he was referring to inflation.
Not sure if this was directed to my comment but I'll clarify my point, I'm in real estate in a HCOL area and it's been FOMO for the last two years, no more. With the fed interest rate rise to battle inflation the days of $150,000 over ask are gone, I see the same parallels in the card market, FOMO would have put JoJax at $125k. The Fed will have to raise rates to the point of putting the economy into a recession which will last the next 24 months IMO, I could be completely wrong but that's my take. If the same 1.5 JoJax comes up for sale in the next 18 months it'll go for 75-80K, if I'm wrong refer to this post and I'll send you a bottle of fine Whiskey.
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Old 06-04-2022, 11:07 PM
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I wasn't bidding on the Jackson, but happy to add this one from SCP tonight.
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