>>paulpa+(OP)
If your access to this article is blocked due to a subscription requirement -- checkout this article's archive : http://web.archive.org/web/20220823054708/https://www.busine...

>>20afte+lp
Not slow trickling, people flooded the marked with overpriced cars. Once you see five other offers for X at 30-50% inflated price you start wondering why would you give up that 30-50%, and so now there are six offers at 130-150% previous value. Someone else looks at it and immediately jumps in trying to buy all the X listed at normal old price for a quick flip.

This is how trading scams work in EVE Online, this is how people made money taking over some rare but cheap retro game listings on Ebay by buying up cheap inventory and relisting at 5-10x. This is how great vintage video games scam of 2021 by Heritage Auctions/Wada Games works. $30 Mario 64 all of a sudden selling for $1.5 million because cellophane!

Wata & Heritage Auctions Game Scandal Blows Up https://www.youtube.com/watch?v=A9EZQ6bott0

people who got scammed into believing in those prices already lost 1/2 of their "investments": CRASH of Sealed Video Game Prices https://www.youtube.com/watch?v=PuD4KEFEfnk

Of course that record $1.5 million sale of Mario 64, most common N64 game even, went to:

>The game was bought by Jim Halperin, Heritage Auction founder and co-chairman, coin dealer Rich Lecce, and game store Just Press Play owner Zac Gieg.

Jim Halperin and some other coin collector? interesting considering Halperin already was in trouble with FTC once for scamming people by inflating value of collectible coins, Im sure its just a coincidence! https://www.latimes.com/archives/la-xpm-1989-08-10-vw-88-sto...

>But what happens if the grading service misrepresents the grade of a coin, thereby increasing its value? The commission determined that overgrading coins was a “deceptive and unfair act” prohibited by the 1914 law that created the FTC.

>Charged with this practice were two Texas-based corporations, Heritage Capital Corp. and Numismatic Certification Institute. Also named in the action were Steve Ivy and James Halperin, prominent numismatic figures.

In 2021 name of the game was hoarding and flipping asset at inflated prices. Be it cars, computer chips or houses.

>>gabrie+Sg1
Yes. Bubble seems to have started popping, at least in collectors market

My car collection has lost HUNDREDS OF THOUSANDS OF DOLLARS in value, and this is why I DON'T CARE! https://www.youtube.com/watch?v=HYS2L4BRARc