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Old 08-24-2006, 07:12 PM
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Default Are Pre-War Baseball Cards "Solid" Investments?

Posted By: DJ

I think it's "too each his own" as far as what people collect and the enthusiasm they have for the item.

I have never had any interest whatsoever in comic books, coins or stamps, as I have about cards and autographs. I have kept out cards for long periods of time, admiring them like a newborn, only to replace them by the next card I get. The first time I bought an Old Judge card, it was like: "this card is 100 years old!". When I was a kid, I fell asleep beside Stan Musial 1948 Bowman and when I was nine years old, I did my school report on 1952 Topps cards and brought in a Minnie Minoso.

One of my friends showed me something of interest over lunch the other day. It was a graded 8.0 Amazing Spiderman first issue. He said he bought it three years ago for $4,900 and he just saw one sell on eBay for over $8,000. I was more enthusiastic about his "kid like" grin, then a book...you can never open up again, right?

He also told me that he took out 20% out of his stock portfolio to purchase comic books and original comic art.

I was one of those in a past thread that couldn't believe the sudden rise and interest in cards and the amazing prices they were bringing and was waiting for a bubble. I have watched this hobby closely since around 1978 and I must say that I have never seen anything like it. I'm convinced and highly doubt that there will be a bubble, maybe a slow down at one point, but what the hell do I know. I think I still own JDS Uniphase at $80 somewhere in one of my portfolio.

DJ

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