Originally posted by: VelvetElf
Interesting to see the first major glut of supply chase demand. Interesting to see where prices settle after this.
I actually think supply will stay strong for awhile now if for no other reason than the massive delays at WATA. Eventually people will be getting their games back and crossovers regraded and we'll Some portion of those offered out.
It's one thing to see a solitary minty Mario sticker seal and drool, but quite a different feeling when you see several and realize this isn't a one of one.
There really have not been a lot of qualified sticker Marios on Ebay or anything like that. I've seen 2 since January, and one (a gloss) sold for $12,500. The other was a matte Mario 85+ Q that sold for like $1500 in February. Good buy, Whomever!
I do suspect we'll see people rushing to sell theirs now with the prices, but there really aren't enough of these to survive for a long time, so if prices slow now after this rush, I suspect they'll rise again with time, especially as more people get into high-end collecting and demand outpaces supply.