Card Interest Down? Not at the National.

[raulus]

Originally Posted by BobbyStrawberry

There is definitely a certain amount of wealth required to deal in higher end stuff as many members here do. Spending $10k+ on a piece of cardboard is something only a small fraction of Americans can manage.

I would guess there are many out there who are borrowing to support their activities in the hobby. I recall reading recently that something like 85% of new car and 40% of used car purchases are financed, which is absolutely crazy to me. People just want stuff they can't afford.

It's the new American dream!

Living your entire adult life 1 penny away from bankruptcy.

[BioCRN]

I have nothing to back it up except personal observation...nonetheless, the people I see buying cardboard that maybe shouldn't are the pack/box busting types, not the buying-singles type. By a wide margin, those are the guys/gals I see rolling up trying to sell nearly their entire collection at once because "something came up."

That said, and though it's something that's been offered by auction houses for a long time, I'm seeing (and getting in emails) a whole lot more offers to give you money up front if you cosign cards. There's auction houses that didn't used to do this as a means of promotion that are now extremely up front about their ability to do this.

[Johnny630]

Did anyone notice if many dealers with middle to higher end vintage had a large majority of their cards graded by CSG?? I have to say most who were vintage dealers had tons of SGC and PSA slabs.

[Scott L.]

Originally Posted by Johnny630

Did anyone notice if many dealers with middle to higher end vintage had a large majority of their cards graded by CSG?? I have to say most who were vintage dealers had tons of SGC and PSA slabs.

I saw very few CSG slabs personally.