Buying Vintage Cards � Buy Now or Buy In 12 Months

Snowman · #1 10-11-2023, 10:18 PM

I think it's more important to wait for the right copy than it is to attempt to time the market. Eye appeal, eye appeal, eye appeal. Everything else is just noise.

brianp-beme · #2 10-12-2023, 01:46 AM

My serious and well intentioned advice is to buy Now and Later, because I believe more people like the fruity flavors of Now and Later over the licorice tang of Good and Plenty.

An additional tip is to buy low (condition) and sell (while) high.

e90joss.jpg

Brian (E90-1 Joss shown is not for sale...whaddya think I am, high?)

Rhotchkiss · #3 10-12-2023, 05:00 AM

Well said/done Brian- I think that’s one of your bests.

Regarding the question of the thread, who the hell knows. As many have said, I think it depends on who you are buying, why you are buying, and how long you intend to keep what you are buying. Personally, for the first time in close to decade, this year I have sold more than I bought. But I have been strategic about what I have sold and bought- I have sold off mainly rare t206s and bought almost exclusively Ruth, Wagner, Cobb, Jackson, Young, Matty and things I need for my T3 and 1933 Goudey sets. I don’t know if my timing is good or bad- I will tell you in 2-4 years! However, I am pretty sure that if I can hold for 10-15 years, timing won’t matter- what you buy is more important then when you buy it if you can hold for a long time.

GeoPoto · #4 10-12-2023, 06:01 AM

To the extent that the recent explosion in collectables values conformed to classic economic theory regarding inflationary monetary and fiscal policies, it seems wise to assume that the existing deflationary monetary policies combined eventually with improved fiscal discipline, will weigh on collectables values.

bandrus1 · #5 10-12-2023, 06:22 AM

Buy cards that only come available every 12 months or so and you have to buy them when available

Johnny630 · #6 10-12-2023, 07:15 AM

I would like to say is I think it�s going to be flat for a good while from these levels or slightly lower�the question to me is when will it go back up again like it did over the past 3 Covid years� I don�t think we�re going to see another jump like we did for a good long while and I accept that and expect as such�no problem.

I think that�s a plus for us Collectors/investors as it gives us more time to be tactful with our long-term buys. The key is buying quality names of mainstream well-known investor/collector angels(Cobb/Ruth/Mantle/Jackie/Mays 33 Goudey T206 CJ�s 50�s Topps ect with centering and color unmatched). Be patient but don�t be stupid if you see it and it�s reasonable and you have time 5+ years buy.

Republicaninmass · #7 10-12-2023, 07:41 AM

Likely a crash then plateau a bit higher than it was in 2019. Who knows when, but everything reverts back to the mean.

Exhibitman · #8 10-12-2023, 12:33 PM

Quote:

Originally Posted by Rhotchkiss

Regarding the question of the thread, who the hell knows. As many have said, I think it depends on who you are buying, why you are buying, and how long you intend to keep what you are buying. ... bought almost exclusively Ruth, Wagner, Cobb, Jackson, Young, Matty and things I need for my T3 and 1933 Goudey sets. I don’t know if my timing is good or bad- I will tell you in 2-4 years! However, I am pretty sure that if I can hold for 10-15 years, timing won’t matter- what you buy is more important then when you buy it if you can hold for a long time.

Pretty much my thinking too, except my personal faves are Ruth and Robinson and Pele. And rare cards that pop up or cards for personal idiosyncratic want lists. For example, and because we need a card here:

I always wanted these since I saw them when I was a kid, so when the right ones popped up, I decided to treat myself.

But I digress.

The question is really all about time frames. If you need the money in the short term, this is not the thing to buy into. Lock down an 18 month CD in a high yield savings account. If you have a decade, the good stuff will be there and the rare stuff won't be there, so either way you are likely to be fine. Or just say the hell with it all and roll:

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