Quote:
Originally Posted by ls7plus
PSA alone has graded well over 8,000 of the Jordans in NMt-Mt or better--6,028 "8"'s. Factor in those that the other grading services have graded, and the probable large amount of unopened, if this card appreciates over the long-term, it'll be like the proverbial slow boat to China. My bet is it goes down by at least 50% over the next 10-15 years, as we become more and more divorced from the time of his playing career. As another board member stated above, look at Chamberlain's '61-'62 Fleer--a far tougher card in any grade, and pretty much stagnant in value for the last 20 years, at least in NMt! In addition, Chamberlain has just as much or more claim to the title of the greatest ever in that sport (especially for those of us who actually saw him play in his prime)--50.4 points per game FOR THE ENTIRE '61-'62 SEASON, 100 POINTS IN A SINGLE GAME, AND A NUMBER OF GAMES WITH 30+ REBOUNDS AGAINST BILL RUSSELL! And if you want to factor in championships, Wilt won when he had the supporting cast, and Jordan played during an era when the NBA, in my opinion as a former devoted fan, was at its weakest--what great team did his Bulls ever beat? Not the Magic Johnson led Lakers in their prime; not the Larry Bird/Robert Parrish/Kevin McHale Celtics; and the "bad boy" Pistons only when they were on the down slide.
Buy the Cobb--if anything, his legacy seems to be significantly on the increase, and even if there are a lot of T206 Cobbs (and there are), they don't even begin to approach the almost ludicrous number of high-grade Jordans.
Just my 2 cents (half-dollar?).
Larry
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Great points, but 8,000 graded psa 8 really isn't that many when you think about the millions of others cards printed around the same time. Yes there are lots of unopened packs and cases but many who are 30-50 age group grew up watching Jordan play. From the winning basket at North Carolina, 84 Olympics, Slam Dunk contest, and all the championships. It was something special to see and a very special connection like all the baby boomers had with Mickey Mantle. Another factor is the world wide appeal overseas. When I sold my modern basketball collection some years ago I was shocked at all the emails I got from around the world wanting to know if they could bid, so I started putting I would ship worldwide and what a difference it made. I took chances but went by feedback and must have sent cards to 15-20 different countrys and never had a problem but did get lucky not to get ripped off. A big problem is the NBA is on the verge of collapsing and who knows if it will turn around. Another thing is a Jordan PSA 8 seems like a steal when you compare it to Lebrons 2004 exquisite RC going for $6000-10,000, Carmello $4000, Wade $3000-5000, and many many other RC well over $1000 and the players are straight garbage. Yes it is insanity but people are paying it. The main point is there seems to be a buyer for just about anything and that is what is great about the hobby. I don't see much of a downside to a Jordan RC, or a Cobb. Like Jeff said, get them both !