Results 11 to 20 of 47
-
05-18-2014, 06:21 PM #11
-
05-18-2014, 07:59 PM #12
- Join Date
- Feb 2014
- Posts
- 224
Re: Trout prices are going through the roof......
The 100 jerseys a year was off the cuff remark. I just see an incredible escalation of jerseys. The card market did the same thing until $1500 cards fell to $10 five years later. It disturbs me when a Trout game used bat surpasses the value of my Hank Aaron game used bats from the 60s.
Its like a dynamite fuse ready to blow.
I think I will buy some popcorn, sit back and watch the show.
-
05-18-2014, 08:07 PM #13
- Join Date
- Nov 2012
- Posts
- 322
-
05-18-2014, 09:50 PM #14
- Join Date
- Jan 2014
- Posts
- 110
Re: Trout prices are going through the roof......
I just bought a Miguel Cabrera bat, do you guys think that the prices of his items will go up or down in the long run?
Considering he's a triple crown winner and likely HOFer, I'm optimistic, but seeing as how you're all mentioning the market is being flooded with items, I can't be too sure.
-
05-18-2014, 10:08 PM #15
- Join Date
- Feb 2014
- Posts
- 1,016
-
05-18-2014, 10:30 PM #16
- Join Date
- Jan 2014
- Posts
- 110
Re: Trout prices are going through the roof......
-
05-18-2014, 10:36 PM #17
- Join Date
- Dec 2013
- Posts
- 479
Re: Trout prices are going through the roof......
No you are paying HOF price. That is what collectors are doing these days. Buying stuff at the height of a HOF players career will be top dollar. Honest Cabrera, Puid, Trout stuff can on go down at this point. It is all just so high. Something BIG would have to happen in their career other than the HOF induction.
-
05-19-2014, 01:03 AM #18
- Join Date
- Feb 2014
- Posts
- 1,016
Re: Trout prices are going through the roof......
Full disclosure: I sold all my Cabrera game used stuff after the All-Star break last season. I can't see there being much of a market for his items due to economics.
1) Supply-side economics: Cabrera (and most stars these days) have marketing agencies who specifically exist to distribute their game used equipment. The supply increases each season, since players keep playing and creating more gamers. Unless the item is tied to a specific event (300th HR, 1500th RBI, etc) or a rookie item, it's unlikely to gain significantly in value, when adjusted for inflation. Even for stars without their own marketing agency, the teams and the MLB authentication program effectively create a ceiling on what items will be worth, since it never makes sense to buy a non-MLB authenticated gamer for more than MLB is selling the same item.
2) Demand-side economics: Cabrera is Hispanic. Traditionally, Hispanic/Latino players aren't as popular among those who are willing to blow money on game used items. This is visible by looking at the value of Clemente items relative to those of his peer group. Cabrera is special, due to the Triple Crown connection, but the fact that the MLB media and analysts constantly talk about Mike Trout being "once in a generation" talent reflects this bias against Hispanic/Latino players. Similar to how collectors/HOF voters have an East Coast bias (perceived or real), there is a similar bias against Hispanic players. Couple that with his best years coming in the mid-West, and the values of his items probably won't be in great enough demand to be a viable investment.
I was shocked when I saw people asking north of $1000 for Cabrera gamer bats. Once I saw those prices, I sold my cleats, my jersey and my three bats. Why? I bought the items early in his career due to seeing him as a feisty player who could see the ball better than most. I think for all my items, I paid about $1500. I sold everything for about $5000. It simply was not worth "having a part of Miggy's career" for such a high price.
I'm really curious about what the media will do when Trout goes down with another extended injury, though. If the game used memorabilia market were somewhat rational, I'd say start buying Bryce Harper items. Unfortunately, when he started coming up short of expectations, the prices didn't follow suit. Why? Because speculators refuse to believe that they overpaid by 50% (or more) for something, and are willing to "wait it out" to simply not be at a loss.
Now, if you found a legitimate Cabrera signed gamer with true Miggy use characteristics for $400 or so, then, yes, you will likely make your money back. However, if you paid over $700 for a marginal (at best) bat, you're probably going to be holding onto it for a while unless Abreu's injury lasts more than a month. That might be long enough for Miggy to make it back to front-runner for the MVP award for a third consecutive year.
-
05-19-2014, 09:17 AM #19
- Join Date
- Jun 2012
- Posts
- 78
Re: Trout prices are going through the roof......
Collecting Miguel Cabrera and Detroit Tigers
[SIGPIC][/SIGPIC]
-
05-19-2014, 11:23 AM #20
- Join Date
- Dec 2013
- Posts
- 479
Re: Trout prices are going through the roof......
Abreu? MVP? Injury or not his chances at the MVP are very very unlikely. For starters his team needs to make the playoffs and then he needs better stats...mostly concerning average.
Abreu is a great player, but at the end of the season I can't even see him in the conversation. It is all start of the season hype, it will come back down soon enough.