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Old 07-01-2006, 10:50 PM
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Default $5800+ for a T206 common

Posted By: JimCrandell

Just 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

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