The willingness to take a loss and the need to take a loss is what killed much modern stuff. Why pay full price when it will all be sold below cost in ayear or two at the latest?
But I don't think many people will take a loss on really good prewar cards. And when the economy comes back things could get very crazy.
A collectibles dealer I know gave me a few bits of great advice
You can make money on anything if you can buy it right.
Become a good guesser, if you guess right much more often than you guess wrong you'll do fine.
Don't dwell on or hang onto your mistakes
If something is good you can't pay too much, just too soon.
making all that work is tougher than it sounds, but it's sound thinking in the long run.
Steve B
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