Posted By:
Perry EavesThere seems to be a stigma about admitting that baseball cards are an investment for the "old school" collectors. Vintage graded cards are an investment whether you like it or not. Good or bad but nonetheless an investment. You make some very good points Peter Chao. I noticed on the board awhile back you were interested in purchasing a t206 cobb in psa 4 for approx $1000. Assuming you eventually purchased, did you honestly believe you were saying goodbye to a grand forever so you could stroke an old baseball card for the love? The answer is no, you may enjoy the card but in the back of your mind you always believed that you would at least get your money back or perhaps a profit. If not for yourself then maybe for a child. Maybe the card goes up and maybe the card goes down, either way you have made a concrete investment in cardboard. If you put it in the closet for a rainy day and never look at it or take it out every night and drool on it, either way irrelevant. Still an investment. I have a relatively minimal investment in cards, but take solace in the fact that if times get hard can easily put on ebay and get investment back and perhaps profit. I propose this question, if you needed money quickly would you rather have a $100k house for sale or the equivalent in graded baseball cards?