I have personally done this MANY times over the last 11 years. Sold a bunch of my best cards in 2010, bought several ounces of gold. Gold went up and then down and back again. Sold 10 ounces in 2016, bought 10 Jordan rookies. The Jordans went up about 400%. Its a real crapshoot and, of course, timing is everything! I try to keep a little of both today… still have 5 of the PSA Jordans…
Two things I absolutely know for certain: 1) my portfolio of 1986 Fleer Jordan rookies, along with 4-5 other key rookies (Wilt, Bill Russell, West, Bird/Magic) has out performed my precious metal holdings since roughly 2011 hands down. Not even close. And 2) precious metals are among the most manipulated commodities one can hold, like currency, stocks, etc. I recommend caution with either you might choose, but personally prefer both over cash.
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Thanks for your thoughts, Joe.
Love the late 1800’s Boston Beaneaters and the early Boston Red Sox (1903-1918)!
Also collecting any and all basketball memorabilia.
Last edited by Dead-Ball-Hitter; 03-04-2022 at 06:22 PM.
Reason: Correction
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