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1980 Rickey Henderson PSA 9 -- Doubled In Past Few Months

NamesJayNamesJay Posts: 328 ✭✭
in Trading Cards & Memorabilia Forum
I remember picking up this card just a few months ago for $360, and I was just recently looking at some closed auctions, and this card is now getting $700-$800 on a regular basis.

I guess I got in at the right time...

Anybody see any reasons for the big jump as of late?

Comments

  • travis ttravis t Posts: 1,185 ✭✭✭
    I could never quite figure out the fluctuations of petroleum prices, either.
  • NamesJayNamesJay Posts: 328 ✭✭
    Originally posted by: travis t
    I could never quite figure out the fluctuations of petroleum prices, either.


    I'm not quite sure if you're being snarky or not, but I thought my inquiry was valid.

    Jumping from $360 to near $800 is quite a jump in price, and I was seeking insight from the board as to why they think this card has escalated as it has.
  • PSASAPPSASAP Posts: 2,284 ✭✭✭
    Jay,
    There are probably 25-50 cards that have seen similar price jumps in the last six months. Conspiracy theorists have pointed to the "buying group", comprised of 10-30 investors, for the rapid, exponential rise.
  • travis ttravis t Posts: 1,185 ✭✭✭
    Originally posted by: NamesJay

    Originally posted by: travis t

    I could never quite figure out the fluctuations of petroleum prices, either.




    I'm not quite sure if you're being snarky or not, but I thought my inquiry was valid.



    Jumping from $360 to near $800 is quite a jump in price, and I was seeking insight from the board as to why they think this card has escalated as it has.





    Nope. Just a parallel in my view. Prices rise, but they don't back down, even if availability is prevalent.



    Now, I could speculate that the value increase would have something to do with the buying group, but that's just silly.
  • MantlesMantraMantlesMantra Posts: 154
    It's escalated as people who have already bought it sometimes make sure the price stays above what they paid.
  • scooter729scooter729 Posts: 1,730 ✭✭✭
    To me, it seems like one of those cards where the PSA 10 is in another stratosphere, so more people are 'settling' for the 9, knowing they can't get a 10. When the gap between a 9 and a 10 is approaching 100x, I think naturally there was room for the 9 to go up, which is what happened.
  • chipotlecowboychipotlecowboy Posts: 17
    Originally posted by: scooter729

    To me, it seems like one of those cards where the PSA 10 is in another stratosphere, so more people are 'settling' for the 9, knowing they can't get a 10. When the gap between a 9 and a 10 is approaching 100x, I think naturally there was room for the 9 to go up, which is what happened.




    This.. Then it will fall to 8s
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