This thread needs more action. There should be a memorablia/cardssub thread somewhere on the main boards somewhere.
Well, the market fell flat on it's face.
The pandemic collectors came in and thought pandemic prices were here to stay and got a rude awakening then left. There were people here talking "gem rates" and all that crap who had no clue what they were talking about.
Long story short, I'm a flipper before flipper became a thing. I said all along these prices weren't gonna last but everyone is an expert except the actual experts. I sold a lot of McDavid cup rookies for almost a million dollars and had the guy emailing me a few months later for his money back. The pandemic collectors were suckers. Every single one of them. And most of us actual big time dealers took advantage of them because we've already been thru this shit three decades ago. And I don't feel sorry one bit. You all bit into the hype and didn't listen when everyone said "don't waste your money".
Hell, even that Gretzky rookie sale was shilled to oblivion from the same auction house that sold a Mario64 cartridge for almost two million.
That's why this thread died. It wasn't about showing off good stuff which did happen and then this thread was awesome, it became more of an investor/speculation thread about ultra modern cards and that's when the wheels fell off because nobody understands Upper Deck prints enough crap that everyone who wants a certain card can get that card.
There's a pop 1 Luongo psa 10 card on eBay collecting dust at under 50 bucks. Nobody is buying it when you can call your own shot a few years from now with it once people understand just how rare the card is. That's what separates actual flippers from the influx of new investors.
Buy vintage.
