ty cobb

1915 Cracker Jack Ty Cobb vintage card sells for six figures, price worth it?

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As reported in Forbes.com, the 1915 Cracker Jack Ty Cobb (PSA Graded 9) sold this week for a cool $432,000 in a Heritage auction.
Screen Shot 2017-07-11 at 11.51.40 AM.pngRead the rest of the article on how much above the pre-sale estimate it sold for. But it also came with a caveat that a big market correction is in order for other big-name vintage cards.
To me, it goes to show how volatile the market is in general for both vintage and modern high-end cards where the value seems to largely be dictated by the perceived rarity of the card, condition, and the hype on the player at that given time.
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