Lately I’ve been noticing a sharp rise of newcomers with specific collecting goals (species collectors, artist collectors, people wanting to collect a certain era etc.) who are willing to spend serious money.
This to say, for all the speculation/hype, which I agree exists, there is a swell of new people genuinely enjoying collecting without some hidden agenda. Personally I think this tracks with there not being an obvious cause for the boom we saw starting last year.
As scarce and old as some of these cards are, it’s hard to see a meaningful increase in supply… not to mention label collecting seems to be more prevalent ever, adding another spice to the sauce.
While I don’t think some of these prices are sustainable, I also don’t really see any imminent cause that will cause a wholesale crash, barring an extremely significant economic event. Maybe even then.
Having said that, there are some cards which feel cheap when compared to others. I started writing an example but didn’t want it to come across as too shilly