Quote:
Originally Posted by GeechQuest
To negate the possibility of that price, which again would still be a 20% increase over a 3 year period (the card could be had for $20K cash at the 2018 National), means maybe we are still in the willful exuberance phase....
Time will tell. Still have over 90% of the population to sell through.
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Quote:
Originally Posted by GeechQuest
Summer 2016 was higher than Pre-Covid.
I don’t believe we dip that hard, but I’m also not willing to negate the possibility. It’s very possible this goes to $25K again, which would still be 20% gain in 3 years time frame which is above average for cards.
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Quote:
Originally Posted by GeechQuest
Fun to see. Here are the total number of sales per year + average sale price.
2015: 16 ($16K)
2016: 35 ($25K)
2017: 28 ($19.6K)
2018: 21 ($23K)
2019: 20 ($28.5K)
2020: 27 ($100k)
2021: 44 ($409K)
So far in 2022 we have 2 sales @ $324K.
We sold through roughly 14% of the population last year. Still have a ways to go. It took us roughly 5 years to accumulate 30% of the pop and run the game.
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Quote:
Originally Posted by GeechQuest
Of course there’s room, and those who accumulated will still make a killing unloading onto bag holders.
Tale as old as time.
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No the bottom isn’t in on this card.
We still have a ton of the pop to sell through.
Liquidity works both ways. It’s great when you find the sucker to overpay, and is absolutely daunting to realize there aren’t 300+ people willing to fork over the type of money needed to obtain this card currently.