Personally, I see the value of T206 cards rising steadily over time. While I could be wrong about this, my opinion is that the base of collectors for cards from this set (not those seeking complete sets...more of the subset variety, such as collectors of HOF players, particular teams, back runs, high grade examples, etc.) will actually increase.
The market for VG to EX commons will likely draw quite a few new collectors in, by my estimation. The artwork of the cards is generally thought to be superb (in the eyes of a baseball fan or someone who is nostalgic for lithographic images from the turn of the 20th century.)
Of course, some cards are generally more appealing to a certain segment of people...such as the Titus...and will capture more fringe collectors than other examples. In cases such as this, I believe the ceiling is not quite as high; however, should continue to climb. Although the Titus is very cool to hardcore T206 collectors (and new people who fit this description will appear, in my opinion,) to the garden variety new T206 collector, the moustache is probably not reason enough to pay multiples of, say, Ted Easterly.
Beaters will probably present the most interesting play. If you think that I am nuts, consider the following: A fellow Board Member, who I would consider a friend, picked up a T206 Cobb...in the 1960's...for $5. Not to say that his example is a beater...I'm just saying that those days are long gone. Shortly after that, if I'm not mistaken, 50 cent commons, via mail order, were easily obtained. Those days are gone, too.
Fast forward to 2013. In the time I have been on Net54, which is less than a year, prices for T206 cards have increased across the board. And this includes cards with creases, paper loss, writing, hole punches, stamps, etc. And I won't even get into the rise in prices for backs other than Piedmont and Sweet Caporal.
Will this trend of increasing pries continue? Since my crystal ball is out for repair, I do not know with certainty. Having said this, I feel confident that the trend will continue. Day traders should stay away, though. This is a hobby, ladies and gentlemen...investors should look for other vehicles.
Just my two cents.
Best Regards,
Eric
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Eric Perry
Currently collecting:
T206 (135/524)
1956 Topps Baseball (195/342)
"You can observe a lot by just watching."
- Yogi Berra
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