Posted By:
Bruce DorskindFor the better part of three years, we have preached that ultra high condition pre war
baseball cards are under-valued. In terms of establishingg long-term value,
nothing matters more than condition.
Whilst PSA and SGC make a few mistakes (less than 1/10 of 1% of what they now
grade), an ultra high grade card- especially for a rare card of a highly desirable player.
has appreciated at a rate far. far above that of the best performing (if there are any left)
equities or other financial instruments.
Last evening's Goodwin Auction is a case in point. The ultra high grade Brunners Bread
Hall of Famers realized prices that stunned everyone. The PSA 8 Cobb for example,
realized over $270,000.
A number of other cards topped all prices realized expectations by a factor of 3 o 4.
Those who argue that plastic does not matter...might also suggest that the quality of
loans does not matter or that Russia is not a threat to America's safety and security.
We understand and appreciate that ultra high grade collecting is the sport of an elite
few collectors in much the same way that other collectibles have segmented their markets.
And much like the very best impressionist paintings, D flawless diamonds, Faberge Eggs and other
extraordinary collectibles, ultra high grade rare cards will continue to appreciate in value,
despite the economy, interest rates, gas prices, wars, layoffs and politics.
If you have the resources, the courage and the eye...investing in ultra high baseball cards will
pay off in ways one could only begin to imagine.
Bruce Dorskind
America's Toughest Want List.