Bursting Bubble

[rats60]

Originally Posted by NATCARD

Jan 30/31 Goldin auctions (2) PSA 10 1986 Fleer Jordan Cards sold for $720,000.
Feb 11 Goldin auction PSA 10 1986 Fleer Jordan Sold for $600,000
Feb 21 REA Auction PSA 10 1986 Fleer Jordan sold for $612,000
In 1 month the card has dropped about 15%. I understand it has gone up almost 1200% in 1 year but that is a definite correction. Jeff W

The highest sale before these was 211k. When a card jumps from 211k to 738k, sales of 600 and 612 is not a drop. In fact the day after the 2 738k sales Goldin reported 2 direct sales at 600. A drop would be sales over an extended period above 700 then sales around 600.

[dio]

Originally Posted by rats60

The highest sale before these was 211k. When a card jumps from 211k to 738k, sales of 600 and 612 is not a drop. In fact the day after the 2 738k sales Goldin reported 2 direct sales at 600. A drop would be sales over an extended period above 700 then sales around 600.

Yup. Same goes with 54 Aaron surge with his death now starting to normalize and 86 tiffany bonds. Went from 8k-10k suddenly with a 16k sale. I remember Jordan went down some after the documentary then made another jump.