Posted By:
JimCrandellNo--high grade cards will give a better return.
The number of vintage collectors who are seeking top condition vintage cards is growing substantially and the supply is low and not growing much.
If you look at T206s, the majority of the T206 PSA 8 commons I have bought have been under $200 and were bought 7-9 years ago. Lets say the average price of those today is $4,000(?). Have psa 5 commons grown 20-fold over this period of time--of course not. Off-condition cards are much more prevalent and generally speaking those collectors that buy vg-ex or ex cards are not willing to pay huge premiums to get them--those that collecrt psa 8 and better are.
Might $7,700 be the peak for a T-206 common for awhile in psa 8--sure. But the market will turn its attention again to goudeys, play balls, cracker jacks, sporting life etc. and we will see big prices paid for the low pops in those issues.
If returns are important to you and you have the financial ability to do so--stick with the high grade cards.
Jim