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by ashleycutler 4609 days ago
These articles are always written from the same perspective: collectors who invested in a particular item when the market for that item was at its peak and now they are shocked that it didn’t retain its value. It isn’t all that different from buying Dell Stocks in 2000. You don’t realize it is a bubble until it is over.

From running Zistle.com I can say that in sports cards at least, these 'bubbles' in price are often correlated to current events. I can guarantee there is a spike in the prices for Ortiz cards right now and in 6-12 months they will go back to normal.

These articles totally miss the fact that the savvy collectors in the market are always the ones selling the cards during the peak and not buying. During Linsanity, there were Jeremy Lin basketball cards selling for several thousand dollars and now you can pick them up for a couple of bucks. Savvy collectors knew that this was their moment to make money and they took advantage of it. That was the peak of the market. If you want to know who is profiting in the collectibles market, it is the people who pay close enough attention to what is hot right now and not people who wrap items up in their closet for 20 years.