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And Exhibitman is oh so right on with regard to his statement about the decline in value when previously unknown hoards of examples come out of the woodwork! I bought a 1953-1955 Dormand Postcards Gil Hodges at a mid-nineties Pittsburgh show in NMt condition for $400. At that time, hobby consensus seemed to be that only about 3 dozen existed. It was and is a beautiful card, and I believed the rarity and the fact that I liked Gil Hodges justified the price. Then, about 12 years later, about 1000-1200 were found, said to represent a supply that Hodges was supposed to have but never did pick up. The last one I saw offered was in better condition than mine--I think Kit Young had it at the 2009 National--and had a price tag of $75.00! Maybe if I live for another 30 years, that card will be worth what I paid for it.
Larry |
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