1986 Jordan sticker...recent price increase?
Yanksfan39
Posts: 33 ✭✭
I was looking to purchase a 1986 Fleer Jordan sticker in PSA 8 or so. Saw that recent ones have sold around $550, but on eBay they were around $300 a month or two ago. Anyone know why these might have almost doubled in price in the last couple of months?
Thanks.
Thanks.
0
Comments
I suspect you're right. No other obvious reason I can think of for a greater than doubling in sales price of a 30 year old card in a month. I guess I'll just be watching this one for now. Was interested in the last couple of months, and when I took a look today I was quite surprised to see the change in recent sales prices. And with so relatively few of these cards out there, it would be easy to manipulate the "market."
As I look at prior eBay sales, it looks like this card was selling for around $250-300 in PSA 8. Then between 4/27/16 and 4/30/16, someone decided that they wanted to pay $550 for this card, and now several have sold in that price range, up to $630 today. Though this could all be perfectly legit, smells fishy.
The part that particularly bothers me is the sense that the market, at least for this Jordan sticker, appears to be getting completely manipulated. It very well may be present for other cards as well, but I haven't seen the auction data.
Mike,
The part that particularly bothers me is the sense that the market, at least for this Jordan sticker, appears to be getting completely manipulated. It very well may be present for other cards as well, but I haven't seen the auction data.
At one point, I had enough budget get a PSA 9 1972 Erving, PSA 9 1975 Brett or a PSA 8 1979 OPC Gretzky. While never cheap, I could be patient and shop around for a card with the eye appeal I wanted. That was only about 12-18 months ago.
Now I see cards were inferior eye appeal going for double my previously generous budget. I don't think the cards are any rarer than before and it seems like the same amount of cards come to auction every week.
it's a mad world out there. We were prob looking at many of the same cards and I fortunately picked up a bunch of those big ones I wanted in the last 18 mos, but didn't get all and ones like that Gretzky now going for $3K and over just punch me in the gut a little. still on the fence whether I bite the bullet or not. I think there are just many more buyers, plus more people buying multiples of the same card (in addition to a lot of other factors why these classic cards have gone up so much)
"Now I see cards were inferior eye appeal going for double my previously generous budget. I don't think the cards are any rarer than before and it seems like the same amount of cards come to auction every week"
it's a mad world out there. We were prob looking at many of the same cards and I fortunately picked up a bunch of those big ones I wanted in the last 18 mos, but didn't get all and ones like that Gretzky now going for $3K and over just punch me in the gut a little. still on the fence whether I bite the bullet or not. I think there are just many more buyers, plus more people buying multiples of the same card (in addition to a lot of other factors why these classic cards have gone up so much)
Yup, I was the second highest bidder on a lot of those cards that came up for auction. Prices started creeping up about 9 months ago and never looked back. I was thinking about going down a notch to PSA 7/8 for those cards, but $1100+ for a PSA 7 OPC Gretzky doesn't seem like a smart purchase.