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  #1  
Old 02-23-2023, 09:31 AM
puckpaul puckpaul is offline
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Well when some cards of a basketball player almost no one on this website ever heard of are trading for more than the value of 99.9% of Vintage cards, probably was a little unsustainable!
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  #2  
Old 02-23-2023, 09:34 AM
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BobbyStrawberry BobbyStrawberry is offline
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Wait...you mean cashing out my 401k to buy that Luka Doncic super refractor was a bad idea?!!!
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  #3  
Old 02-23-2023, 09:43 AM
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Kind of funny that a lot of these "crazy" prices were on ebay from PWCC. Weren't they kicked off for shill bidding?
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  #4  
Old 02-23-2023, 10:03 AM
Johnny630 Johnny630 is offline
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I wonder how many of these sales were even real ? Notice most were in Auction Houses...is it's magic?
Last edited by Johnny630; 02-23-2023 at 10:05 AM.
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  #5  
Old 02-23-2023, 11:06 AM
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Wait...you mean cashing out my 401k to buy that Luka Doncic super refractor was a bad idea?!!!
bobby lol
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  #6  
Old 02-23-2023, 11:26 AM
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Casey2296 Casey2296 is offline
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Even the current prices on those cards seem high to me considering none of them are rare, but I'm not a modern guy so maybe I'm missing something.
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  #7  
Old 02-23-2023, 12:39 PM
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one person spent 200 k for a mac jones black superfractor,,ok ill leave it at that
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  #8  
Old 02-23-2023, 01:35 PM
2dueces 2dueces is offline
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one person spent 200 k for a mac jones black superfractor,,ok ill leave it at that
Yeah and he’ll be holding a clipboard sometime very soon.
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  #9  
Old 02-23-2023, 02:12 PM
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Very interesting and not surprising about Modern cards

Would love to see if someone did something like that for the top Vintage Baseball Cards to see what or how things are trending
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  #10  
Old 02-23-2023, 02:17 PM
Gorditadogg Gorditadogg is offline
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Quote:
Originally Posted by Casey2296 View Post
Even the current prices on those cards seem high to me considering none of them are rare, but I'm not a modern guy so maybe I'm missing something.
I think the modern market is much bigger. Many more people are interested in a Luka rookie than a Magee-spelled-wrong.

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  #11  
Old 02-23-2023, 02:28 PM
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I think the modern market is much bigger. Many more people are interested in a Luka rookie than a Magee-spelled-wrong.

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Fuuny you should say that, I was in a bar Saturday night full of young people and you would have been shocked how much Magee-spelled-wrong chatter there was. A few of the youngsters wouldn't shut up about it.
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  #12  
Old 02-23-2023, 02:31 PM
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Seriously, someone spent $660,000 for a Magee error card at Heritage in September 2018.

Anyone wants to argue that's a smart use of a large amount of money, have at it.
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  #13  
Old 02-23-2023, 02:42 PM
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Casey2296 Casey2296 is offline
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Originally Posted by Gorditadogg View Post
I think the modern market is much bigger. Many more people are interested in a Luka rookie than a Magee-spelled-wrong.

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I suppose the law of supply and demand kicks in at some point.

If 10 guys want a Magee and there's 3 available or,

If 3000 guys want a Luka and there's 900 available.

Obviously, the demand for Basketball has fallen off while pre-war has increased imo but maybe there is an underlying base of fans willing to pay for that Luka. I think at some point there may be more Luka cards than buyers at which point they would really fall off a cliff.

Meanwhile, those basketball prices sure make the current T206 Plank for sale look cheap.
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  #14  
Old 02-23-2023, 03:02 PM
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My only regret is I was not the seller on any of those cards when they went for the crazy-nutso hammer prices. That is simply scary.......


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  #15  
Old 02-23-2023, 04:18 PM
hcv123 hcv123 is offline
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Default It's a matter of when, not if......
Quote:
Originally Posted by Casey2296 View Post
I suppose the law of supply and demand kicks in at some point.

If 10 guys want a Magee and there's 3 available or,

If 3000 guys want a Luka and there's 900 available.

Obviously, the demand for Basketball has fallen off while pre-war has increased imo but maybe there is an underlying base of fans willing to pay for that Luka. I think at some point there may be more Luka cards than buyers at which point they would really fall off a cliff.

Meanwhile, those basketball prices sure make the current T206 Plank for sale look cheap.
Laws of supply and demand ALWAYS take hold eventually.......problem is more about timing due to the gross inefficiency of the marketplace and to some degree the lack of consistency of the grading companies.
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Last edited by hcv123; 02-23-2023 at 04:19 PM.
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  #16  
Old 02-23-2023, 07:29 PM
Gorditadogg Gorditadogg is offline
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Quote:
Originally Posted by Casey2296 View Post
I suppose the law of supply and demand kicks in at some point.

If 10 guys want a Magee and there's 3 available or,

If 3000 guys want a Luka and there's 900 available.

Obviously, the demand for Basketball has fallen off while pre-war has increased imo but maybe there is an underlying base of fans willing to pay for that Luka. I think at some point there may be more Luka cards than buyers at which point they would really fall off a cliff.

Meanwhile, those basketball prices sure make the current T206 Plank for sale look cheap.
My totally unsubstantiated take on the basketball card frenzy, completely without evidence, is that some of the NBA players, while quarantined with nothing to do, decided to see who could make the best card collection. They were used to throwing around tens of thousands of dollars at a time, so the prices didn't mean much to them. Once their season was over and they got out of the bubble, they put all their cards in a shoe box and forgot about them.
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