Quote:
Originally Posted by Kingcobb
I collect PSA 5 T206's, commons I was paying 75 to 100 dollars are now gong for $200 and up, and HOF'ers are insane. I can't bring myself to pay these prices I have only picked up 1 card the past year. If these prices continue I will probably cash out its very tempting could double or triple my original cost.
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I believe these price increases are real and not the result of shilling, no-sales, or other price manipulation. There are many cards whose values are truly up, including PSA 5 T206s.
If you can afford them and are willing and able to hold for the long term (5-10+ years), I believe T206s, Cobbs, Ruths, Jacksons, Wagners, other rare pre WWI issues and blue chip HOFers are great investments. I have watched them increase consistently in value for 35 years (since I started collecting in the early 80's) and I do not see that changing. This is true also of Mantle, Clemente, Koufax, Aaron, Robinson, etc., but these are too "common" for me personally. Baseball cards of blue chip players will go up in the long-term. Just like stock. If you believe this, and I do, then there is no sense in trying to "time the market". Rather, believe in the investment.
08-16-2020, 05:15 PM
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