Posted By:
runscottA lot of people get confused about the difference between selling cards for a living and investing in cards. Most dealers I know are looking for a quick turn-over for a profit. Example: If I bought a card for $800 today, knowing that I could sell it for $1,000 in a week, I take the $200 and move on...rather than saving the card for a year or so as an "investment" because someone tells me it should go up in value by $400. Personally, I don't invest in cards - if cards in my collection go up in value that's a bonus, but I'm not counting on it. But of course I keep an eye on the market and attempt to buy low.
Does anyone out there think Kit Young was buying all those Cracker Jacks as "investments"?