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BASKETBALL Post your Basketball Cards Hobby Talk |
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#1001 |
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Join Date: May 2009
Posts: 1,568
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They didn't drop due to pump and dump, they dropped due to NBA market being down as a whole back in Sept-Nov. The only NBA cards that didn't lose 40% to 60% of its value at that time were Jordan/Lebron/Kobe autos. Pump and dump would mean the Kobe Topps card by itself were targeted and had massive spikes then drops. But in reality it happened to just about every basketball card. Besides isn't it pretty ridiculous to pump and dump the same card for a 2nd time within 5 months lol.
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#1002 |
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It goes without question we will see a correction. The Kobe markets are red hot this isn't a pump and dump this is an incredible amount of new blood, new eyes and new money into the card market. They also won't stay this red hot indefinitely.
What will likely happen is the super hot cards like Topps 96 will cool down, 20%... 30%... maybe more but then come back up. Waves of demand will come and go but its safe to say the most blue chip holds in all of sports cards are Kobe, mj and Lebron.
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#1003 |
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Join Date: Oct 2019
Posts: 1,075
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Jesus, PSA 9 EX RC just sold for 12K
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#1004 | |
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Join Date: Jun 2012
Posts: 11,208
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B.I.D. |
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#1005 |
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Join Date: Jun 2016
Location: Illinois
Posts: 697
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#1006 |
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Join Date: Jul 2020
Posts: 1,820
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Yeah I looked at that too...checked 130point and sure enough not a best offer sale...just click and purchase...the jump in price on the PSA 9's is just...ugh. It's like the panic alarm went full force as soon as that PSA 10 sold for 54k, the reaction has been nuts.
I was thrilled to see the PSA 7 that ended last night didn't go over the $2k threshold at auction. As much as I want to FOMO buy in (I don't own this card yet) I should really wait it out some, but too worried it's going to soon leave our galaxy... |
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#1007 |
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Join Date: Oct 2019
Posts: 1,075
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#1008 |
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Join Date: Mar 2017
Posts: 4,332
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Was at a thrift store today that occasionally has cards and stumbled across 2 Kobe 1997-1998 2nd year cards for $10 each. I don't collect basketball, but figured it couldn't hurt to pick them up for $20. I just did a quick eBay search and I can't believe how much these go for in PSA 10s and 9s. Mine won't gem, but definitely have a shot at a 9 or 8. Definitely one of my best thrift store finds I've had!
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#1009 | |
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Beckett BGS Registry https://registry.beckett.com/myregistry |
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#1010 |
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Kobe collectors thoughts on 97 metal Universe? Seems to be heating up right now wish I had a gem! To me this card is up there with 08 topps/chrome as an all time iconic basketball card image. With just how condition sensitive it is I personally see it being one of the next big pops.
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#1011 |
Banned
Join Date: Aug 2020
Posts: 3,482
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Buy anything RC or low pop PSA 10 from his 90's issues. Can't lose.
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#1012 |
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I listed a 2005 Kobe Topps Chrome PSA 10 last night for $50 more than previous one was sold for last week and it got snatched up in under 2 mins
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#1013 |
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Join Date: Apr 2015
Posts: 7,166
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#1014 |
Banned
Join Date: Aug 2020
Posts: 3,482
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#1015 |
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Join Date: Oct 2019
Posts: 1,075
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#1016 |
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Can’t stress enough folks don’t be afraid to take some profits in this market. The kind of $ we are talking is bigger than the collector vs flipper debate. I certainly wouldn’t sell everything but some of these rapid, extreme jumps that could turn into $10,000 plus in your hands... take the $!!
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#1017 | |
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Join Date: Jul 2020
Posts: 1,820
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#1018 |
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Join Date: Apr 2015
Posts: 7,166
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#1019 |
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Join Date: Jul 2020
Posts: 1,820
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It would be very interesting to see if another PSA 10 EX RC would fetch 50k+. Just to see how many strong buyers are out there.
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#1020 |
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Join Date: Aug 2020
Posts: 3,482
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#1021 |
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Join Date: Oct 2019
Posts: 5,119
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#1022 |
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Join Date: May 2009
Posts: 1,568
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#1023 |
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Join Date: May 2009
Posts: 1,568
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#1024 |
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Join Date: Sep 2018
Posts: 1,512
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Raw Flair showcase row 1 sold for 1000
Raw class of 96 sold for 1250...damn |
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#1025 |
Banned
Join Date: Aug 2020
Posts: 3,482
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Going to guess the next $10K PSA card that's been overlooked for so long will be his 96 Hoops Rookies Gold Embossed foil. Condition sensitive and it's uhm, gold lol.
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