Michael Jordan RC, PSA 10, shatters 100k !!!

[Ferg1945]

Originally Posted by rueben21

I looked at the Jordan's I posted about last night in the screw down. Under a magnify glass, you could see a very faint darker red marker or something. Hard to see on the pictures. Not sure if that is from screw down or not. Looked at some other 86 Fleer cards I have and couldn't see that on them. Think PSA would reject then?

The first pic..... the white area... is that surface damage

[rueben21]

Yeah its a little corner damage.

[Ferg1945]

Originally Posted by rueben21

Yeah its a little corner damage.

Is that on any of the others? this one looks to be the 85/15 T/B

Is the nicely centered one ok?

[rueben21]

This is the worst card of my lot. More concerned about PSA rejecting them since I had them in screwdown cases for 30 years

[Brent72]

PSA 9 went for $60k on eBay tonight. Kinda shockingly low after a couple just sold for $75k over the weekend.

[rainmaker]

Originally Posted by rueben21

This is the worst card of my lot. More concerned about PSA rejecting them since I had them in screwdown cases for 30 years

The surface looks even I believe the reject is when the surface around the corners appear pinched flat compared to the rest of the card. This is an unfortunate result on some cards sandwiched in those big thick suckers for years.

That will grade but it won’t be high. Though I imagine it will sell well for the grade to be fair.

[Ferg1945]

Originally Posted by Brent72

PSA 9 went for $60k on eBay tonight. Kinda shockingly low after a couple just sold for $75k over the weekend.

23XI didn't win Daytona.... Jordan RCs must suffer.

It was a fun ride.

[MJGOAT23]

Originally Posted by Mustang1990

Thoughts on the 88 all star psa 10? Currently around $10k.... Expensive for a 3rd year card.. Room to grow from here??

Sent from my SM-G986U using Tapatalk

Been too busy for a week to read this thread lately but I can't believe this is a real question. Room to grow?! it's already grown a human's lifetime or even longer worth of growth in a couple of months.. what more can you ask for!? this (fake?!) mania is bizarro world and everyone keeps acting like it's normal and should continue.

[KB81]

lol

Asking if any pre 1990 MJ has room to grow after all have exploded well beyond what anyone would hope for in less than 6 months is comical.

[GC1980]

Originally Posted by KB81

lol

Asking if any pre 1990 MJ has room to grow after all have exploded well beyond what anyone would hope for in less than 6 months is comical.

Amen. What more do people want these cards to do?

[KB81]

Originally Posted by GC1980

Amen. What more do people want these cards to do?

Greed is a helluva drug

[MJGOAT23]

[QUOTE=Stoiclife;16998880]

Originally Posted by Indians131184

Is this pwcc mj trimmed? The left top corner angled up makes it look like the top edge was cut 95% of the way. Any thoughts? Does this flip occur naturally? Any help would be appreciated.


[IMG]https://uploads.tapatalk-
cdn.com/20210216/efe78f3a3e625307816b77acd7d4b8a7.jpg[/IMG]


Sent from my iPhone using Tapatalk[/QUOTE

[B]Nice catch! That looks like a botched trim job to my eyes.

[/B]


No, many MJ's actually have that.

[Mustang1990]

Originally Posted by KB81

lol

Asking if any pre 1990 MJ has room to grow after all have exploded well beyond what anyone would hope for in less than 6 months is comical.

But these are real and legit questions... At what point do they actually start to cool off?!

[KB81]

Originally Posted by Mustang1990

But these are real and legit questions... At what point do they actually start to cool off?!

You are correct and part of my post was partially teasing.
It is a fair question but at times it is the same people or just random folks asking over and over if a card has room to grow.

This is a reactive forum - we respond to what has already happened.

This is not reddit wall street bets where we all team up and make the market move.

[Tonic3]

Originally Posted by Mustang1990

But these are real and legit questions... At what point do they actually start to cool off?!

You're asking people to predict the future and tell you when card prices will go down. If we could do that then we'd all be millionaires. Most people in this thread are amazed by what's happened thus far (because it wasn't predicted) so trying to "predict" what will happen is something each person has to do for themselves based on their comfort level and knowledge of this new market.

[rainmaker]

Originally Posted by Mustang1990

But these are real and legit questions... At what point do they actually start to cool off?!

Hard to say but the inevitable cool off is coming. It’s the sign of a healthy market though. Supply and demand. If these early mj cards don’t stop going higher and the 88 all star is a 100,000 card in 4 months we have evidence of serious shenanigans. Looking at trends it appears #57 is already flatlining if not early stages of pulling back. It’ll still go up long term and it’s a great hold for any portfolio.

[kefskala]

Originally Posted by rainmaker

Hard to say but the inevitable cool off is coming. It’s the sign of a healthy market though. Supply and demand. If these early mj cards don’t stop going higher and the 88 all star is a 100,000 card in 4 months we have evidence of serious shenanigans. Looking at trends it appears #57 is already flatlining if not early stages of pulling back. It’ll still go up long term and it’s a great hold for any portfolio.

this is a great thing if the 57 can establish a line of over 500k which it seems it is doing....

[Willikn]

Originally Posted by rueben21

This is the worst card of my lot. More concerned about PSA rejecting them since I had them in screwdown cases for 30 years

You should be. You will pay PSA an outrageous sum to grade these and the risk of "altered stock" is very high. BGS is much cheaper and far more likely to overlook the 4-screw impact. Worst case, if they won't slab it, you know no one will, and you can find that out quickly for $100 a card.

[Brent72]

Originally Posted by rainmaker

Hard to say but the inevitable cool off is coming. It’s the sign of a healthy market though. Supply and demand. If these early mj cards don’t stop going higher and the 88 all star is a 100,000 card in 4 months we have evidence of serious shenanigans. Looking at trends it appears #57 is already flatlining if not early stages of pulling back. It’ll still go up long term and it’s a great hold for any portfolio.

I wonder what effect the two PSA 10s currently at Goldin will have overall on the 57. For example, if they hit the $750k mark or close to it will that bring prices on other grades back up like what we saw happening last month or have they cooled off for foreseeable future?

[Gridiron Bob]

Originally Posted by Brent72

I wonder what effect the two PSA 10s currently at Goldin will have overall on the 57. For example, if they hit the $750k mark or close to it will that bring prices on other grades back up like what we saw happening last month or have they cooled off for foreseeable future?

I would say things will cool off, but the floor will be higher.

[GOATcards]

Originally Posted by kefskala

this is a great thing if the 57 can establish a line of over 500k which it seems it is doing....

I remember the initial "PSA run-up" of the dotcom-boom era. The PSA 10 #57 went from around $5K in late '98 or so up to over $30K by mid 2000. There was all this talk that it would shoot to $100K. (The same talk occurred with the '52 Mantle in the early '90s. It would take at least a couple decades for that to happen.) The market cooled to the point that you could find PSA 10s for around $7500 within the last 7 years or so, and I don't remember the specifics but after the dotcom boom and '01 recession the #57 and the rest of the market had come well off their highs.

I expect to see the same thing happen this time around, just at a much higher plateau than before. Within a year or 2 the 9s will probably settle around $30K and the 8s looking to be heading back toward $10K. Then in another 20 years there will probably be another "bubble" pushing the 8s to the $100K level.

I don't know who buys in at the current prices who doesn't have money to blow. You have to ask, where all this money has been coming from, and then you realize that the prices can't be sustained unless there's more money out there to spend. Some people can afford only one PSA 8 at the current price. Who has the money for that 2nd one "just back from PSA!"?

The "new money" in the market, people paying sucker prices, I don't think they know much about the Star Co. cards and their history. But there are plenty of folks in the know who appear to be moving on from the Fleers to the Stars to bubble up that market as well (which ticks off those of us who were looking at any affordable Star cards lol). If those '84 Court Kings were regular-sized cards they'd be through the roof (but if they were regular-sized I don't think they'd be in shorter supply either...). And if folks who buy to collect are like me, they're going to have a hard time finding Star cards they enjoy looking at, and I think that's what has limited their appeal all along. The Fleer issues are way better photography-wise, and better-cropped.

(I do like the photo for #117 though. Probably the 2nd best image of MJ on a card in the old "Chicago" uniform of his rookie season, and the red color is true unlike the Fleer. The best image-wise is of course the #57.)

[JohnnyHatesJazz]

everybody benefits from mj soaring prices yet no mj happy birthday mention?

HAPPY BIRTHDAY MIKEY!

[kefskala]

Originally Posted by GOATcards

I remember the initial "PSA run-up" of the dotcom-boom era. The PSA 10 #57 went from around $5K in late '98 or so up to over $30K by mid 2000. There was all this talk that it would shoot to $100K. (The same talk occurred with the '52 Mantle in the early '90s. It would take at least a couple decades for that to happen.) The market cooled to the point that you could find PSA 10s for around $7500 within the last 7 years or so, and I don't remember the specifics but after the dotcom boom and '01 recession the #57 and the rest of the market had come well off their highs.

I expect to see the same thing happen this time around, just at a much higher plateau than before. Within a year or 2 the 9s will probably settle around $30K and the 8s looking to be heading back toward $10K. Then in another 20 years there will probably be another "bubble" pushing the 8s to the $100K level.

I don't know who buys in at the current prices who doesn't have money to blow. You have to ask, where all this money has been coming from, and then you realize that the prices can't be sustained unless there's more money out there to spend. Some people can afford only one PSA 8 at the current price. Who has the money for that 2nd one "just back from PSA!"?

The "new money" in the market, people paying sucker prices, I don't think they know much about the Star Co. cards and their history. But there are plenty of folks in the know who appear to be moving on from the Fleers to the Stars to bubble up that market as well (which ticks off those of us who were looking at any affordable Star cards lol). If those '84 Court Kings were regular-sized cards they'd be through the roof (but if they were regular-sized I don't think they'd be in shorter supply either...). And if folks who buy to collect are like me, they're going to have a hard time finding Star cards they enjoy looking at, and I think that's what has limited their appeal all along. The Fleer issues are way better photography-wise, and better-cropped.

(I do like the photo for #117 though. Probably the 2nd best image of MJ on a card in the old "Chicago" uniform of his rookie season, and the red color is true unlike the Fleer. The best image-wise is of course the #57.)

right, and now we have a new profit on the board...anything else your crystal ball tells you? I can only comment of what is currently happening and the future is a mystery....

[GOATcards]

The only times in this hobby where there seems to be an unending run-up is with extremely rare items, like the Wagner. With nearly 3000 #57s in a PSA 9 it's not like you can't go and find one in the next week or two. The psychology involved is such that if you are either on the buying or selling end of something like a Wagner, you might not see one again at nearly the same price, or you might not find another for a long while, which of course keeps driving it higher. If I had one of those I don't know why I'd sell unless I had to.

[kefskala]

Originally Posted by JohnnyHatesJazz

everybody benefits from mj soaring prices yet no mj happy birthday mention?

HAPPY BIRTHDAY MIKEY!

yep you are 100%%%%% rite happy birthday MIKE!!! the card that just keeps giving