Thank you for posting the article, very interesting to read. The article suggests caution be used in assuming collectibles returns should be viewed as "investment" due to illiquidity at the highest levels. That likely holds true for the ultra-high priced sports collectibles as well. My guess is the pre-war collectibles will, at the minimum, keep up with the rate of inflation (which has been low of late but likely higher in the future). The market for much of what is discussed and traded on this board is quite liquid with many outlets.
So that brings us to the question of how much is too much? Since recently being re-bitten by the collecting bug which has ignited my interest in pre-war (which had not existed before) -- I can't get enough! I thoroughly enjoy the process of getting educated on the various issues. Bill Gregory (the 'stache) was kind enough to steer me to back issues of VCBC and Old Cardboard. I'm soaking in everything I can right now. I can see where the "too much" demon can show itself. Keeping in mind that everything is relative to one's own situation -- regardless; once it gets into your blood....
I do have a question, is anyone aware of the existence of any sort of baseball card index (particularly pre-war) that might exclude the highest end cards but represent the annual average price movement of a "basket" of representative items? That would be quite interesting to review.
__________________
1933 Goudey PSA (47/240 4.20)
1909 - 1911 T206 Basic PSA (108/524 3.45)
1909 - 1911 T206 Piedmont 150 (50/156)
1909 - 1911 T206 Polar Bear (29/250)
1909 - 1911 T206 Basic Backs (9/16)
|