Quote:
Originally Posted by KCRfan1
I'll never forget a post I read form a longtime member that read ( in part ), " The only people who feel Mantles are overvalued are people who don't own one ".
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It's true, but the causal arrow runs in the direction opposite of what is being insinuated; only the people who don't think Mantles are overvalued are buying (and not selling) Mantles. They are outliers in any model that tries to predict the prices of cards strictly as a function of card age, rarity, condition, and player quality -- for all the reasons people have already stated -- and those are not reasons that make me want to own the cards anyway (other than the '51 as a rookie card collector) nor are they reasons that lead me to believe that the run-up is likely to continue over the next several years, let alone decades. I have owned a '52 Topps Mantle once. I got a pretty good deal on it and quickly flipped it for a small profit just over a decade ago. I'm not looking to buy one now, but if the same opportunity arose I'd do the same thing and spend the profit on a card or cards that I want to keep. I wish I had my E126 Ruth back, so maybe I'd go with that. Better player, tougher card, and better-looking card if you ask me.
The only people who own Mantles are the people who feel they aren't overvalued.