If you had....

terjung · #1 10-28-2011, 11:56 AM

It's really tough to say because we aren't talking apples to apples. Compounding interest apart from taxes is a powerful thing. Will cards be able to equal that? Not sure they can.

For that price range, it is tough to argue against the T206 Plank. Though I wouldn't put money in that personally (mostly due to my indifference for the set), I can certainly see how the Wagner's meteoric rise helps to pull the Plank up.

Vegas-guy · #2 10-28-2011, 01:02 PM

The 1 bad thing I see with say 2 or 3 high end HOF's (example) is that yes they have gone up in value over the last 10 years maybe 30 - 40% if that! Now that seems like a lot but spread out over 10 years it's really not that much.

Now with regards to the T206 Plank, it's increased in value in the same 10 years to almost 300% I know this because in 2001 I was offered a Plank PSA 3 for 17k and now it would sell for around 60k or more! Now having said that, yes this is a much harder item to sell (or be liquid) not to many people have that kind of money, but I'm talking about an investment of at least 10yrs or more not something I'm going to sell soon. This also leaves my "normal" amount of funds to build a collection on nice lower end cards.

Runscott · #3 10-28-2011, 01:16 PM

Quote:

Originally Posted by Vegas-guy

The 1 bad thing I see with say 2 or 3 high end HOF's (example) is that yes they have gone up in value over the last 10 years maybe 30 - 40% if that! Now that seems like a lot but spread out over 10 years it's really not that much.

Now with regards to the T206 Plank, it's increased in value in the same 10 years to almost 300% I know this because in 2001 I was offered a Plank PSA 3 for 17k and now it would sell for around 60k or more! Now having said that, yes this is a much harder item to sell (or be liquid) not to many people have that kind of money, but I'm talking about an investment of at least 10yrs or more not something I'm going to sell soon. This also leaves my "normal" amount of funds to build a collection on nice lower end cards.

So, I'm going with your thoughts as well as Barry's: I'll cash out my 401K and buy a handful of t206 Planks, while using discretionary income of about $30 per month to begin a normal collection. All of you will always have a better collection than me, but what will I call my pile of Planks?