Quote:
Originally Posted by Jim65
That when you have a chance to buy a rare piece, buy it. You may have a long wait to find another.
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+1. In addition, stay away from current players who appear to be on a HOF track until they are at least in their mid-thirties. By that time, their legacy or lack of same will be well-established, and the early speculative and transient demand which forms a large part of their usually inflated prices will have largely departed. After all, the market for current and/or recent players is certainly not divorced from vintage--today's heroes and those of recent yesteryear are destined to become yesterday's stars also, and they and their cards will have to compete with vintage stars and HOF'er based on their true merit and ratio of supply to demand.
In addition, Barry is absolutely right--knowledge is power. The more you know in this context, the better your purchases will be if you have any interest at all in value appreciation over the long term.
Best of luck in your collecting,
Larry