Anyone watching the insane basketball card prices?

[esehombre]

I could just picture some poor individual saying to himself before making a bid "If i could just get this PSA 8 under $11k....

[samosa4u]

Originally Posted by esehombre

I could just picture some poor individual saying to himself before making a bid "If i could just get this PSA 8 under $11k....

Imagine buying a card for over eight grand and then a couple weeks later it starts selling for half that price - what would you do? I'm pretty sure some of these folks are going to start returning them. They can buy the card back for about four grand and then use the other half to buy something else!

[midwaylandscaping]

This is the oldest basketball RC I have. This one is blowing up on the down low apparently. I put it on eBay after an 8 sold for $550, but yanked it back off to see what a few more sales would do to it. Theres a 9 listed for $3600 +, and a 10 in auction. Crazy market.[IMG][/IMG]

[Exhibitman]

That McAdoo is a notoriously difficult card for set builders. I had to work for a while to find a raw one with acceptable centering.

[Exhibitman]

Originally Posted by samosa4u

Imagine buying a card for over eight grand and then a couple weeks later it starts selling for half that price - what would you do? I'm pretty sure some of these folks are going to start returning them. They can buy the card back for about four grand and then use the other half to buy something else!

Soil myself then return the card, I suppose. One reason I am pleased I sold out before the top; comparatively small chance of a return.

[Dpeck100]

Maybe Dr. J has cooled off but man looking at some of the auctions right now not sure how one could come to the conclusion the sky is falling.

Wilt PSA 9 at over 73k

Charles Barkley PSA 10 $6,600

Dominque near $7,500

Ewing at 6k

I remember when I first joined CU in 2010 a Wilt 9 was like 7k. It is amazing once these cards start running how high they can go.

[samosa4u]

Look at the Erving in PSA 9: during August, it was selling as high as $25,000! On September 10th, one sold for $16,559. And yesterday, another one went for $13,433!

And I agree with David. This isn't anything to worry about. I mean, this is only one of the top vintage basketball cards out there, and the value of this card is going down faster than the Titanic, but no biggie! Keep buying basketball, folks!

By the way, David, I would like to purchase 600 Erving shares, please. And I also want some Mikan ETFs - OOOOHHHHHH YEEAAAAAAHHHHHHH!!!!!!!!!

[Dpeck100]

Originally Posted by samosa4u

Look at the Erving in PSA 9: during August, it was selling as high as $25,000! On September 10th, one sold for $16,559. And yesterday, another one went for $13,433!

And I agree with David. This isn't anything to worry about. I mean, this is only one of the top vintage basketball cards out there, and the value of this card is going down faster than the Titanic, but no biggie! Keep buying basketball, folks!

By the way, David, I would like to purchase 600 Erving shares, please. And I also want some Mikan ETFs - OOOOHHHHHH YEEAAAAAAHHHHHHH!!!!!!!!!

Perhaps you missed this card at nearly 1.2 million. Well since you don't take PWCC listings seriously I guess that is why all these stellar prices don't count.

https://goldinauctions.com/2013_14_N...-LOT64417.aspx