Do you think prices will drop once the grading companies catch up?
I became a PSA collector in June of this year buying only NFL HOFer cards. Since that time I've seen prices skyrocket on ebay, cards that I purchased this summer graded PSA 8 I couldn't buy today if they are graded PSA 7. I realize SMR is really of no value as well as the avg. price listed. It's crazy right now.
My thoughts are with long turnaround times with all of the big grading companies, people are buying the cards already graded and willing to pay more for them. What I wonder is; will prices drop when all of these cards being graded flood the market and you can get cards graded and returned in a reasonable period of time?
I guess I'll find out but in the meantime I'm shopping raw cards at a fraction of the cost for another shipment in for grading. All my cards are for my PC so time isn't too important for me.
Curious to know what others think.