I give up on grading

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Posted By: Marc S.

"Thus, I feel the best investment you can make these days is low pop high end vintage graded cards.

Dav"

Jim:

An interesting premise, for sure. I don't know if "investment" is what I would call it - although you [and others] have benefited from purchases made years ago that have subsequently been flipped to such collectors.

However, I think it would be highly remiss for a card investor to spend $5,000 on a Pop 1 PSA 8 T206 common today. A population increase will surely decrease value - and it is hard to suggest that such a card would be worth significantly more anytime soon. Realistically - there are only three or four collectors I think who pay those amounts for a T-206 card. For that sort of money, I think a nice Cobb or otherwise might be a better investment.

With low population commons - one only needs to look at certain 1952 Topps PSA 8 cards [Del Crandall, etc.] to see how precipitous the drop in 'value' can be when populations rise.