Sell my 52T Mays?

[brunswickreeves]

Compare any 52T graded version of Mays to Micks and you'll see all the potential. As new money enters the market from future relief funding, higher salaries pushed up by a rise in minimum wage, retirees swimming in retirement cash from double digit market returns over the past several years, and a rational market movement for greater equality in Mays card's values aligned to Micks, there is so much opportunity for a surge in this card's value.

Another point of view is to sell and actually upgrade.

[drcy]

No one (except by accident) can time the market perfectly or know when the peak is for a card or stock or anything, so don't concern yourself with that type of exactitude. As Salvador Dali said, "Have no fear of perfection. You'll never reach it."

[cardsagain74]

Even if the market does burst soon, it may be less likely that something like your Mays would lose anywhere close to the 80% that you fear. It's naturally a blue chip type holding.

What seems more like a possible bubble issue in the making is back page stuff like 1988 Fleer Magic Johnson PSA 9s selling for $250 now. A $15 card a year ago. That seems more like irrational panic buying that can lead to highly inflated prices that eventually plummet from the peaks

[rjackson44]

Keep it never ever sell it .take my advice

[toledo_mudhen]

If you dont do anything else - Spend the $ and get that thing in a PSA Holder - If for nothing else - Just to keep it safe(r). Accidents happen -

[Kutcher55]

Another PSA2 sold for over $5,900 on the bay last night. That is 4x what I paid for mine back in November. It’s hard to not want to sell at those prices but then I wouldn’t have a ‘52 Topps Mays card. Mays cards in general are still 3x or more less expensive than the comparable Mantle in most years after ‘52. The ‘52 is still probably 5x to 6x less expensive (est) so I guess I’ll hang on.

[Exhibitman]

We are all facing the same decisions right now and there is no right answer (except of course our wives' standard answer to any question about cards: "Sell it all!"). About all I can add at this point is that I didn't start collecting 45+ years ago as an investment and I don't collect now to make money, I collect because I enjoy it. If my enjoyable little pastime happens to be part of my investment portfolio for retirement in 10-15 years from now, fantastic. If not, I still had a blast playing with my cards and BSing with my friends about it.

Burdick wrote that a card collection is "a magic carpet that takes you away from work-a-day cares to havens of relaxing quietude where you can relive the pleasures and adventures of a past day—brought to life in vivid picture and prose." Good to keep in mind these days.

[MR RAREBACK]

Always try to buy many extras off the cards you like in lower condition, you can sell the lower grades off when prices go up and keep the nice examples its a win win