National pricing

Jetsfan · #1 07-24-2022, 08:03 AM

Although I won�t be attending, I wonder if the smart strategy this year would be to attend later in the week and see if sellers are more willing to negotiate (assuming they�re holding firm on prices earlier in the show). Of course, that would be if you�re not looking for super rare items which I�d think could go day 1.

Snapolit1 · #2 07-24-2022, 08:08 AM

Quote:

Originally Posted by Jetsfan

Although I won�t be attending, I wonder if the smart strategy this year would be to attend later in the week and see if sellers are more willing to negotiate (assuming they�re holding firm on prices earlier in the show). Of course, that would be if you�re not looking for super rare items which I�d think could go day 1.

Super rare will always sell. If it's a card people spend years chasing someone will open the wallet quickly. It's the PSA 4 and 5s that we see in every auction that are really hard to price in this market.

brikks · #3 07-24-2022, 09:33 AM

Hey all. This will be my first National as well. I'll be looking for 1914 Cracker Jacks and a few other pre-War vintage. I was planning to use VCP for a starting point on prices, but also hoping to get some good value for paying in cash. I'm more of a negotiator than haggler, so hoping good vibes are on my side.

rjackson44 · #4 07-24-2022, 09:42 AM

The vintage market is strong no one is giving anything away no one ,,dont know what steve is looking at ??

Snapolit1 · #5 07-24-2022, 09:52 AM

Quote:

Originally Posted by rjackson44

The vintage market is strong no one is giving anything away no one ,,dont know what steve is looking at ??

I follow Gehrig cards to what some would say it a rather obsessive degree. It's like 95% of my collection. Prices have softened. In some cases rather significantly. Here's one rather striking example.

Heritage just sold a 1925 Gehrig Exhibits 3(MK) for $75,000
LOTG sold a 1925 Gehrig 3(MK) Exhibits in March 2021 for $160,000

Just like the stock market . . . not every stock moves in tandem.

Republicaninmass · #6 07-24-2022, 10:10 AM

Quote:

Originally Posted by Snapolit1

I follow Gehrig cards to what some would say it a rather obsessive degree. It's like 95% of my collection. Prices have softened. In some cases rather significantly. Here's one rather striking example.

Heritage just sold a 1925 Gehrig Exhibits 3(MK) for $75,000
LOTG sold a 1925 Gehrig 3(MK) Exhibits in March 2021 for $160,000

Just like the stock market . . . not every stock moves in tandem.

You realize this is/was a 3-5k card?

Or no the "market was wrong" for 30 years and "just discovered" it is worth 75-125k?

5k to 75k in less than a decade Certainly isnt "crashing"

Snapolit1 · #7 07-24-2022, 10:19 AM

Who said anything was crashing?

I just think for the vast majority of cards sellers are not going to get 2021 prices for them. Big boy cards will continue to do ok largely. People who pay $200,000 for a card aren't too concerned with gas prices and rent going up. But supposedly the economy is the number one concern of most Americans by far. If that’s the case would be awfully peculiar if our corner of the world is somehow unaffected.

Rich people will continue to buy new BMWs. Will people who aren’t rich going to continue to buy new Toyotas and KIAs?

BobbyStrawberry · #8 07-24-2022, 10:26 AM

I have no experience in the world of 5- and 6-figure cards, but for 3- to 4-figure prewar cards, recent AH results and the bst here sure seem to indicate an overall downward trend in prices from 1-2 years ago.

Vintageclout · #9 07-31-2022, 04:58 PM

Quote:

Originally Posted by Snapolit1

I follow Gehrig cards to what some would say it a rather obsessive degree. It's like 95% of my collection. Prices have softened. In some cases rather significantly. Here's one rather striking example.

Heritage just sold a 1925 Gehrig Exhibits 3(MK) for $75,000
LOTG sold a 1925 Gehrig 3(MK) Exhibits in March 2021 for $160,000

Just like the stock market . . . not every stock moves in tandem.

ZERO comparison between those 2 cards. For accuracy, the “all in” pricing was $87K vs. $192K. The difference? The $87K example had obtrusive writing on the verso - a blatant MK version. The $192K example’s MK was virtually invisible on the verso - could not even see it unless you used ultra-heavy magnification. The bidders for the LOTG 3-MK treated it as a virtually clean PSA 3.

Snowman · #10 08-01-2022, 06:56 PM

Quote:

Originally Posted by Snapolit1

I follow Gehrig cards to what some would say it a rather obsessive degree. It's like 95% of my collection. Prices have softened. In some cases rather significantly. Here's one rather striking example.

Heritage just sold a 1925 Gehrig Exhibits 3(MK) for $75,000
LOTG sold a 1925 Gehrig 3(MK) Exhibits in March 2021 for $160,000

Just like the stock market . . . not every stock moves in tandem.

I would discard all data points from Feb and Mar 2021 when making observations about the current state of the market. Those two months had extreme outliers in the data. The market artificially spiked temporarily and then immediately crashed after.

1954 topps · #11 07-24-2022, 09:56 AM

I'm still seeing record sales on high grade 1950's stuff. Stars, commons, doesn't matter. High condition centered cards always have a strong market.

Republicaninmass · #12 07-24-2022, 10:06 AM

Signed cards have never been higher!

Signed 52t May's psa 3...40k!!!

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