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#1 |
Member
Join Date: Jul 2019
Posts: 133
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What could/would have to happen for junk era cards to be somewhat sought after? Even when these cards are 75 yers old, will they still be just considered junk? At one point 48 Bowman wasn’t popular enough to continue after one year. Just wondering how these cards may be viewed down the line.
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#2 |
Member
Join Date: Nov 2010
Posts: 10,663
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No. There are cards from the 1950s and 60s that were not as mass produced and still only fetch $.50. These cards will never have value.
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#3 | |
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#4 | |
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Join Date: Oct 2012
Posts: 23,005
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"Tooth and Nails: were Douglas's bully henchmen who helped him carry out his plan by taking other kids' money so the two could buy all of the students' Lefty McGuffin baseball cards for Douglas to destroy and make his own Lefty McGuffin card the only one in existence. They were stopped by Max and P.J., with Tooth and Nails being sentenced to two weeks of clapping erasers in detention hall. " Let me know if you're able to track down all the Lefty McGuffin's.
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"Whether you like it or not, learn to love it, because it’s the best thing going. Wooooo!" |
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#5 |
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Join Date: Nov 2014
Posts: 7,694
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In 2019, Tooth and Nails might choose grading over destruction.
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He said he name was “E”, so I introduced myself as “G”...The license plate said “IMNBITZ” or “IMNBISZ” or something. - G YouTube channel: https://www.youtube.com/channel/UCPuD3WYJ0rkpLqDdyavC2WA |
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#7 | |
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#8 |
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It'll take three, four hundred years to lower the supply plus a massive upswing in interest in basketball and basketball history to increase the demand.
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#9 |
Member
Join Date: Jul 2019
Posts: 133
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I haven’t posted in a while but this crossed my mind today. Looks like maybe we got the answer to this question?
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#10 | |
Member
Join Date: Sep 2020
Location: Long Beach, CA
Posts: 918
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First thing I'll say, as a guy who got back in the hobby after decades in 2020, is that I certainly didn't think they'd ever have value. And I think what we're finding is that it turns out you don't need to destroy 80% of the supply, you just have to manipulate the sales in highly visible, highly liquid markets and if there's some latent desire for a thing - you can start a speculation boom. Brave new world. Now the question, in all of these boomed niches is, Where will they find their equilibria in the new normal? I certainly won't claim to know, but I think it's clear that some niches will settle more gracefully, and some will crash more violently. |
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#11 |
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I think it shows that you don't have to destroy 80 percent--you use "grading" to artificially destroy 99.9999 percent of the cards, and then add in the hype/speculation of erratically appraised off-center gem mint cards with soft corners. We used to throw away the gum, now we throw away the PSA 9s.
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+++ The market is always right, even when it's dumb. More cards are overgraded than undergraded. Change my mind. |
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#12 | |
Member
Join Date: Sep 2020
Location: Long Beach, CA
Posts: 918
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Great point. Grading is very clearly a major factor in the card market specifically. I’m just pointing out the more general trend. Sent from my iPhone using Tapatalk |
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