![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
|
|
#1
|
|||
|
|||
![]()
A lot of great thoughts there for consideration. However, I don't know if I would put all my eggs in the same basket in case I dopped the basket.
Why not consider spreading the love out over say - 10 - high end cards. Some are still out there that may increase more than Mantle as the people that can afford a Mantle gets smaller each day. Aaron, Banks, Koufax, etc. are still within reach. That is what happened with a lot of the more desirable star cards - people bought them up for collecting and locked them up, and would only surface again 20-30 years later. In my opinion its great for investing but not for collecting. Just a thought. |
#2
|
||||
|
||||
![]()
Stock market has more upside and liquidity than the Mantel so assuming no trade restrictions and good advise, go for the market.
__________________
Favorite MLB quote. " I knew we could find a place to hide you". Lee Smith talking about my catching abilities at Cubs Fantasy camp. |
#3
|
|||
|
|||
![]()
To choose #1, the ball card, would be a decision based on the heart. Why not a Michael Jordan basketball rookie card or a Bronko Nagurski National Chicle football card; because his heart is saying Mantle baseball card.
To choose #2, the brokerage account investment, is a decision based on the head. That's the correct decision. It lacks that emotional swing that our hearts put us through; but it's the right choice. |
#4
|
|||
|
|||
![]() Quote:
Never mix feelings/emotions with investing. |
#5
|
||||
|
||||
![]()
Bitcoin
![]()
__________________
42 Collection: Jackie Robinson, Branch Rickey and the People Who Shaped the Story https://www.flickr.com/photos/158992...57668696860149 |
#6
|
||||
|
||||
![]()
It depends what his financial situation is. If the $150,000 represents his entire savings then definitely the stock market. If the $150,000 was just change found under a couch cushion and he likes Mantle then I’d go with the card. BTW, current capital gains tax rules favor stock investment over collectibles with the long term rate on collectible gains being almost double the comparable rate on equities.
|
#7
|
||||
|
||||
![]()
If you can find a dead centered PSA 5 or 6 52 Topps Mantle for anywhere near 150k, you'd be an idiot not to buy it as quickly as you possibly could, because it's worth nearly double that amount right now. An off-centered PSA 5 or 6, sure, that's worth about 150k. But a perfectly centered Mantle is easily worth double what an off-centered copy goes for in mid-grade condition. Hell, even a dead centered PSA 4 is worth at least 200k+.
That said, I wouldn't invest in either the Mantle or the S&P 500 right now. I would put the $150k into Bitcoin. |
#8
|
|||
|
|||
![]()
In 25 years I would think the mantle would be worth way more than the sp 500 investment
|
#9
|
|||
|
|||
![]() Quote:
Never mix feelings/emotions with investing. |
#10
|
|||
|
|||
![]()
The market is clearly the prudent way to proceed; diversity, spread of risk etc. But you can put the Mantle under your pillow at night and gaze at it during the day. Harder to do with stocks.
|
#11
|
||||
|
||||
![]()
The most recent comps of the Mantles make me say go with the Mantle, provided you can obtain dead centering for that price. Stocks having taken a hit recently certainly make that an attractive play, especially if you go with something like Vanguard, but here's where the Mantle comps become very compelling based on the "givens" provided...
If you can get a dead centered 6 Mantle for 150k, then I would say that is the way to go— because an SGC 5 with merely B/B+ centering just sold the other day for 180k. So at 150k for the 6, you would be getting a pretty substantial steal. A truly dead centered 6 would hit 250k and certainly have potential to go north of that at the right auction, if the eye appeal is there and the right two buyers see it and want it. So at 150k for a dead centered 6, you are instantly up so big, it is hard to turn that opportunity down. Even a dead-centered 5 would certainly eclipse 200k, based on the recent comp of 180k for an SGC 5 with merely "okay" centering, and another comp of 156k for a PSA 5 that was a worse card than the SGC 5. So at 150k you would already instantly be "in the money," so to speak, to the tune of some 50k. As a further comp for dead-centering on the 52t Mantle, I can say I have had two separate offers in 2022 on my dead-centered 4.5 of 175k, and one offer of 200k. So again, at 150k for dead centering in a 5 or 6— if the card can be found at that price— I'd go for it. Of course the above is just based on sheer money bet; if I were the client and had such a robust 401k, I may lean strongly to something like a piece of artwork or the Mantle, if that was what my heart desired and would bring me some intangible joy beyond the mere investment aspect. Personal living philosophy comes into play for sure in a situation like this. Last edited by MattyC; 05-28-2022 at 12:18 PM. |
#12
|
||||
|
||||
![]()
If you can locate a truly honest killer dead centered PSA 5 for $150.k I would probably bite and go for that. Remember, nobody says you must keep the card for 25 years. You may see a nice profit after only few years, then sell it and move on.
Looking at prices, has to be a 6 Last edited by Touch'EmAll; 05-28-2022 at 02:48 PM. |
#13
|
||||
|
||||
![]()
Option 2.
__________________
_ Successful transactions with: Natswin2019, ParachromBleu, Cmount76, theuclakid, tiger8mush, shammus, jcmtiger, oldjudge, coolshemp, joejo20, Blunder19, ibechillin33, t206kid, helfrich91, Dashcol, philliesfan, alaskapaul3, Natedog, Kris19, frankbmd, tonyo, Baseball Rarities, Thromdog, T2069bk, t206fix, jakebeckleyoldeagleeye, Casey2296, rdeversole, brianp-beme, seablaster, twalk, qed2190, Gorditadogg, LuckyLarry, tlhss, Cory |
#14
|
|||
|
|||
![]()
I like the "pay off the mortgage" option...it's not sexy, it's only a small rate of return (whatever % their mortgage rate is) but it's guaranteed return and removes future obligations, which is a good hedge and sets up future opportunities.
|
![]() |
|
|