Posted By:
Gilbert MainesHi,
In early 1985 I bought my first used baseball card. It was an OJ common which cost $20. and was in vg/ex shape (and still is).
A financial guy once told me that if your investment value doubles every seven years, you are doing pretty good.
Using that yardstick, by 1992 the card should have been worth $40. By 1999 it should have been worth $80. And by 2006 it should be worth $160.
I think that it is already worth $160. So I conclude that this purchase has been a sound investment, although I never purchased it for resale.
Certainly since 1985 I have made better and worse choices, as we all have. My interest is not in those cards which were bought low and sold high, as much as which type of cards represent the better investment.
That is, will any of you share similar historical performance data which documents cards performance that are more rare, less rare, better condition, etc.?
The price guides do not paint as rosy a picture for cards as investments during the past decade, as they previously indicated.