eBay prices on "registry" cards down in the last month?

crazysc

Has anyone else noticed a decline on prices - seems somewhat across the board - on ebay since the beginning of the year? For instance, there are a bunch of '69 PSA 10s that ended around $120, and others that seems very low. Seems to me this could be a combination of:

1) Set reigstry special, more raw stuff graded/out there, more people submitting cards so there is both more supply out there, AND less money as collectors spend $$ on grading instead of buying

2) People seeing sets sell for a significant discount compared to the costs of putting them together - kind of discourages people from trying to get the best possible grade immediately

3) WIWAG - lack of confidence

Anyone else noticed these trends?

dude

crazysc,

1. All of those 1969 PSA 10s that sold for around $120 last week are high pop 10's. One of one PSA 10s typically sell for $225-300.

2. I haven't seen many graded sets for sale lately, so who knows?

3. I can't say, yes or no on the WIWAG deal. I have noticed that '67 Philly Football PSA 8's and 9's are the strongest than they've ever been and these sales were after the WIWAG news.

JasP24

As a stricyly PSA football collector, I would have to say the opposite is true. Football prices have been through the roof all season. Normally, there is a slight decline during the off season. I think many of the "in the moment" buyers get whatever cards are hot at the moment. That being said, I figure baseball will jump back up once the season begins, just like football did. And football price should go back to normal once the season is over. At least I hope they do from a buyer's prospective.

JasP24

Virtualizard

I know I haven't done too well selling on ebay lately. In the past few weeks, only about 1/3 (at most) of my auctions have even gotten bids. And the ones that do get bids have gone for the minimum bid or a small increment above minimum. I'm not trying to make money here, I'm just selling off cards that I've upgraded at decent starting bids. It seems like everything I bid on has a lot of competition though. I think there might be a conspiracy against me.

I guess if you want to see what's hot check out the stuff that I bid on, if you want to see what's not moving, check out the stuff that I'm selling.

JEB.

SayitaintsoJoe63

I follow 1963 Topps cards pretty closely, and noticed that PSA 8 prices seem to be recovering from a low point of the last 3 or 4 months. PSA 9's even in higher pops seem to be realizing higher selling prices with about 3 or 4 serious buyers going after these consistently. A very recent eBay deal for a pop 1 PSA 9 just sold for $361. Just a couple of months ago, pop 1 PSA 9 63's could be had for $130 to $175. PSA 7's are took a relative nosedive about 6 months ago...and haven't seemed to recover any ground yet.

Just my personal observations.

Bingo33

Virtualizard

Why don't you just sell your cards to a dealer. I too have noticed a weakening in prices on ebay (1960's & 1970's). Dealers still seem to be paying strong prices for most 1950's & early 1960's. I don't think that there are any dealers out there who are not pay 60% to 100%+ of SMR for most of those years.

AlanAllen

I agree with JasP, vintage football is scorching. I can't even sniff a PSA 8 or 9 HOF RC for SMR, and '62 Fleer singles have all gone for more than double SMR in the last 2 months. Good opportunity to time the market if you buy/sell both football and baseball.

Joe

mikeschmidt

Low population 1955 Bowman baseball cards have seen some strong prices across the board. I would hate to see what would happen to this set if and when one of the big players decides to join the foray.... there are still over a dozen cards with populations of less than 5 in PSA 8. A largely ignored set, I believe it is the toughest of the mainstream 1950s sets to put together in PSA 8 condition.

Buckwheat

The '61 set seems to be firming in PSA 8's, and skyrocketing in PSA 9's. Bob Earhart recently sold a number of PSA 10's, mostly high number cards, for an average of about $1200 to $1600.

PSA 9's are going for 2-4X SMR dependng on the pop.

I wonder what will happen when Superior sells over 300 1961 PSA 9's this Spring?

sixdart

I wish this were true for vintage football PSA 8 and higher. I have much more competition on all the sets that I collect, and the RCs - tough to win without going over SMR.

SKINSFAN

i must agree with dan 67 phillys 2 month ago i could throw any reasonable bid out there and be safe,not the case as of late nines have climbed over 100 on a reg basis and common 8,s are selling at 20 to 25 range.for that mater most football has been doing well .i think football has been outdoing bb for some time now most apperant in commons.has football finely caught up to baseball some?

Basilone

Many 1965 PSA 8's have take a nose dive over the past year....cards that went for $20-25 back then are lucky to get an opening bid of $14.95. Good Luck selling a High Pop for 75% of SMR nowadays.

Also..many collectors are realizing "bid with your head...and not your ego" this will help prevent you from taking a bath when or if you decide to sell you set. Patience is becoming more and more important in the graded set world.

John

bengineno9

I had a successful week on Ebay if you don't mind me bragging.
Sold a 1987 Topps Jim Everret PSA 9 for $41, 1987 Topps Walter Payton PSA 9 for $45, and a few other 87's at reasonable prices.
And for hockey sold a 1972 OPC Perreault and Plante PSA 9's for $10-15 over SMR. Have to thank the invention of the PSA set registry for my luck.
I'll get a taste of the baseball market when my 68's come back. Seems like there is a lot out there.



BEN

Fabfrank

I think the overall cautiousness we see in the economy, we are finally seeing in the collectible markets. There are niches that are doing well (such as the afore mentioned vinatge football and also modern hi end football-SP Authentic). Overall people are just more careful buying. Todays PSA 9 pop 1/2 is next weeks pop 1/12. With the rise in populations, we are seeing the corresponding dips in prices. I think once the econmy rights itself and the specter of war is removed, people will feel more confident in the buying and prices should increase again.

acowa

<1) Set reigstry special, more raw stuff graded/out there, more people submitting cards so there is both more supply out there, AND less money as collectors spend $$ on grading instead of buying>

I think this varies set to set. For example, in 1967's ... I think the prices have come way down based on more supply... AND we're not competing with Joel and Jim as much. For my 1964 Topps Hockey set...the bidding has been pretty fierce...I could swear that some of the people have enough 8's for 3 sets!

<2) People seeing sets sell for a significant discount compared to the costs of putting them together - kind of discourages people from trying to get the best possible grade immediately.>

I do think people are buying smarter...for the really tough cards...the prices are still strong.

) WIWAG - lack of confidence.>

I think most people assume the card switching is for more high $$$ cards than commons...I doubt this is it.


With EBAY...all you need is two motivated buyers...check this auction out...I think the bidding was relatively strong




link to strong auction


Regards,


Alan

Yzerman19C

Alan

The competition for the the big 3 vintage hockey sets "51-52 Parkhurst,54-55 Topps & 64-65 Topps Tallboy" are always hot and just get crazier as time goes on

Ive been on the sidelines for the 64-65 Tall boys for a year and a half hoping prices will fall and instead putting my money into my 54-55 set. I was hoping after Jon (loaf23) got his set done prices would drop but what im seeing is more guys stepping up to the plate and starting that set. When i left i was buying 8's for $60-80 now im seeing $125-400+. I just think there are more guys are jumping in. The same thing can be said about the 54-55's, prices will not drop much when im done with my set there will be just more people ready to jump in

Randy

Galveston

Prices on 1971 Kellogg's baseball cards have doubled in the last month. Doesn't seem to be a fluke either as the bidding has better depth than ever before. Can't explain it but the prices are definitely heading in that direction. I bid aggressively for about half a dozen cards on Sunday and only got one. I didn't even finish second on most of them. I usually don't have that much company.

Absolutely no action on 1971 Kelloggs football recently. Even my overly generous buy prices on this board hasn't pushed any forward. Still looking.....

goodriddance189

the '64 tall boy set is insane. i agree i've been watching it for around a year and prices for 8's and even 7's have exploded recently. Hopefully it will die down, because I'm not dropping 500 for a psa 9 common for my type set.

gemint

PSA 8 or better 1969T baseball commons continue to remain strong. That may be due to the combination of a large number of collectors chasing the set and several cards that still have low populations. I haven't been actively buying other years lately but I've had some decent results on early/mid 70s baseball commons as well.

Basilone

<< <i>PSA 8 or better 1969T baseball commons continue to remain strong >>



I see alot of 1969 PSA 8's sell in the $10.00 range on eBay.



Some 1969 PSA 8 auctions that closed in Jan. (some FB and BK mixed in)

John

Virtualizard

John,

Good point on the '69s. I've been slowly working on this set and I don't search for these cards on ebay often, but this one came up in another search I did, I placed a bid, and won it. I wouldn't consider that too strong (SMR is $18), but I'm happy with the results.

JEB.

Wayne8348

It seems like we've been down this road many times. The more I watch, the more it seems that there is a lot of randomness is sales or cards. All it takes is 2-3 active bidders starting a new set and prices can soar. I believe this leads to certain sets being hot while others cool off. Once prices come down I believe it actually lures more buyers into buying. I started a 67 set not too long ago partly because the prices for psa 8's were very reasonable as compared to prior years sets in the 60's. (Not to mention I like the design.) The last 1965 Charlie Smith psa 8 sold for $325 on ebay. Since it is a pop 4 card, what will it be worth a year or so from now as 5 or 6 more collectors are trying to finish their 1965 sets and 3 of the copies are in the hands of long term collectors? It could make $325 look like a bargain. Or 10 more could be graded and it may go for $20. There is only one constant in all of this - when I'm selling the go for less than smr and when I'm buying they go for double smr.

Wayne

RayBShotz

JEB - Sometimes patience, or being late to the party, can help on many of the 69 commons. The #39 Hughes card used to get a fight when POP's were lower. It can be a tough low number at times. Over the past few years though the Hughes POP has gone up and prices have fallen to winnable levels. I would say that was a nice snag @ #10.50 anyway.
Keep up the good work.
RayB69Topps

Virtualizard

Ray,

Thanks. I know I'm late to the '69 party and I hope that will continue to be to my advantage. Looking back, it seems that I was one of the first to the '70 party. Although there continues to be some good competition for '70 Topps baseball, I think I jumped in too soon (from a financial standpoint). I sell my 8's that I've upgraded to 9's on ebay, and they generally sell for well less than I paid for them if they even get a bid at all. Oh well, it has been a lot of fun and I will continue to pursue finishing the set. I've been picking off '75s left and right at well under SMR and somehow it's just not as satisfying. I have about 2000 '75 Topps raw cards, many in PSA 8-9 condition, but why would I submit them when I can consistently get 8's for $6-8 and 9's for $10-20 on ebay?

If you have any extra '69s, let me know.

JEB.

Basilone

As I type this I just won 2 1965 PSA 8's for $10.00 each. One SMRs for $18.00, the other SMRs for $22.00.

Maybe the market is a bit flooded to hold a limited number of ACTIVE set collectors.

John

JeffVN

I can see that some of the commons are going for less than 75% of SMR, but a great many are not. In the last 3 days I've lost 5 auctions on 1960s vintage material that went for more than 2X SMR ($40.00 cards that went for 95+ and $50.00 cards that went for $135+). Maybe its more a question of what you are looking for.

Wayne8348

John,

Does this mean that you're going to go ahead with the 65 set? It does seem like a great time to be buying the 65's.

wayne

Basilone

I would say that there are more commons being sold below SMR than above.

Wayne- yes Im back.

John

Wayne8348

John,

I'm glad you're back collecting the 65's. I regret almost daily having sold my set except for the 1st of the month when I no longer have to make a payment on the rent house I paid off with it. I think you're right in that the majority definitely go for well below smr - especially in the psa 8's. I wish the smr could account for population of cards such as pop 5 or less averages 5 times smr or pop 10 and less is 2x smr but that would be nearly impossible with as many sets as they have to track.

Wayne

Aaronman

This market is extremely tough to figure out these days. There still seems to be a premium for cards from the 50's. I would say that 58 (up) and 59 (down) baseball are moving in opposite directions. The low pop stuff from the 60's and 70's isn't worth the premium over SMR these days because you will get killed on the sell side down the road. I sold 10 1966 commons (all 1 of 1 or 1 of 2) about 2 months ago for approximately $250 each. There were five one of one's last night that closed for under $75. I looked up the bid history and the same guy that won my cards won these. The two guys he was in competition with didn't bid on the cards last night. All it takes is two people after a low pop card to get the prices into the stratosphere. I am trying to fill my sets with mostly 8's and with a few 9's that have stable prices. Since I'm on the multi-year plan to set completion I won't take the risk by paying a premium for low pop commons.


Doug