Quote:
Originally Posted by jingram058
Uh...30 years ago, I am pretty sure you could buy a poor 52 Topps Mantle for less than $1,000. I regret not being flush with money in those days, being a 1st Class/CPO in the Navy and being on CV-62/then Charleston while financing a home/family in Fort Lauderdale. But I went to many card shows, and I saw the 52 Mantles for sale. As I state in another thread, I bought 33 Goudey Ruth and Gehrig both for $500 ($250 each) in 1988, and in real nice shape both, using reenlistment bonus money.
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Maybe so. They started at $2,000 for a beater when I was looking for one in 2004. But now that I think about it for each of my other 3 hypothetical steps you could make 100x ROI, so the $1,000 in 1992 would be a cool billion today, far more than enough to buy a PSA 10 '52 Topps Mantle. And anyway, the point is that Ruth and Cobb and Mantle and Robinson and Gehrig are almost certainly not among the best guys to invest in at this point. Most likely there are some cards worth less than $100 today that will be worth over $10,000 a generation from now.