Posted By:
JimCrandellJust to site an example of what we are looking at here, one of the major buyers of vintage sportscards in high grade is Chad Dreier--ceo of Ryland Group. This is public info but I believe Chad ranked as the 12th highest paid executive in the country with comp of over $50mm last year. Does Chad want to buy ungraded vg-ex cards. I doubt it.
Don Louchios is ceo of Victor Medical--does he want to buy ungraded cards?
Don Spence is an oil company exec who is easily dropping 7 figures a year into cards.
While I agree with your point Barry about volatility and that it can be a thin market, the direction I think is clearly up and the hobby is less well developed than coin collecting. I think considerable upside in prices still exists with high grade HOFers and low pop pre-war in general.
Jim