Help with higher end card purchases

[Mbjerry]

Originally Posted by BobC

Then I would follow my advice in post #3, and regardless of whether you have a big card budget or not, still always try to buy the best condition graded card you can afford. If you can't afford a card for a certain player/set in a 7-8 condition/grade, maybe just a 3 condition/grade, buy one in the 3 condition/grade, and don't just settle for a 2 (or lesser) graded condition one of that exact same card that you could possibly have gotten cheaper. Again, nicest graded condition of only the best/greatest players possible, from the most popular/collected sets. Consider it similar to buying a blue chip company stock versus buying a more volatile, speculative, or fairly new, more unproven company stock.

And if the card(s) you do end up buying following such a plan also happen to satisfy that collecting itch, and make you happy as well, then that is a super win-win!

Thank you


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[nwobhm]

IMHO this is a bad idea. Invest your $ elsewhere. When all the older collectors die the market will be in decline. There are many middle aged guys with money to throw around right now. Look up population reports of most desirable cards made after WWII and you will see none/few are truly rare. Most of the rare ones are on the fringes of the market and carry little value comparably. The market is currently overrun with guys wanting to be better than the next. That rarely ends well unless you are the seller. Notice how people applaud the ebay authenticity guarantee system when it stops buyers from returns. Those are the types of sellers you will be buying from at your price point. They don’t want it back even if you are unhappy.

[Mbjerry]

Originally Posted by nwobhm

IMHO this is a bad idea. Invest your $ elsewhere. When all the older collectors die the market will be in decline. There are many middle aged guys with money to throw around right now. Look up population reports of most desirable cards made after WWII and you will see none/few are truly rare. Most of the rare ones are on the fringes of the market and carry little value comparably. The market is currently overrun with guys wanting to be better than the next. That rarely ends well unless you are the seller. Notice how people applaud the ebay authenticity guarantee system when it stops buyers from returns. Those are the types of sellers you will be buying from at your price point. They don’t want it back even if you are unhappy.

Thank you. This is helpful and getting me thinking of the other side of the coin. Based on your view that you presented, if you were going to buy/invest in cards as a blurred hobby/potential investment, where would you put your money?


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[nwobhm]

Originally Posted by Mbjerry

Thank you. This is helpful and getting me thinking of the other side of the coin. Based on your view that you presented, if you were going to buy/invest in cards as a blurred hobby/potential investment, where would you put your money?


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Pre WWII.

[raulus]

Originally Posted by Mbjerry

Thank you. This is helpful and getting me thinking of the other side of the coin. Based on your view that you presented, if you were going to buy/invest in cards as a blurred hobby/potential investment, where would you put your money?


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If you’re focused on liquidity and maintaining value then your best bet is usually going to be popular issues of popular players. And vintage all the way.

Probably won’t make a killing on it, especially if you’re buying in today, but the odds are better that you won’t lose your shirt.

As was mentioned earlier, if investment goals are high on your list of needs, then I would be hesitant to suggest that you invest much in cardboard. A little here and there, maybe. As a hobby, sure. But anything where you need it to perform for you financially, and I agree that cardboard may not be the best choice.