If you had....

[terjung]

Good post, Larry!
I'd think it's probably safe to add Wagner to that list along with Ruth, Gehrig, Cobb, and Matty.

[Runscott]

Originally Posted by terjung

Good post, Larry!
I'd think it's probably safe to add Wagner to that list along with Ruth, Gehrig, Cobb, and Matty.

What I don't get is how the Goudey Ruth and Gehrigs are so pricey when there were so many of each in the sets, and apparently there were tons printed. I can understand the non-Goudeys of these two, but if I were investing in a Goudey Ruth or Gehrig, it would have to be high-grade.

[jezzeaepi]

When selling a card though, don't you have to pay fees? I know if I sell something on ebay I have to pay an ebay fee and a paypal fee. Isn't it hard to "make money" selling cards if you always have to overcome a ~20% hurdle just to break even? What about taxes?

[terjung]

Originally Posted by Runscott

What I don't get is how the Goudey Ruth and Gehrigs are so pricey when there were so many of each in the sets, and apparently there were tons printed. I can understand the non-Goudeys of these two, but if I were investing in a Goudey Ruth or Gehrig, it would have to be high-grade.

I wasn't suggesting a Goudey Ruth (and don't think Larry was either). He specifically mentioned M101-5.

The Goudey cards are probably closest to being liquid (if there is such a thing) due to the popularity of the set(s). The 1934 Goudey Gehrig #37 is iconic and will likely always find a buyer.

Cobb and Wagner are probably the safest bets (in that order), but Matty, Ruth, Gehrig aren't far behind and are in the same discussion. If non-collectors have heard of them (Cobb, Wagner, Ruth and Gehrig all qualify), then you know there is collectibility there. Collectibility breeds demand, which raises cost.

[GaryPassamonte]

Like any other investment, diversification would be the key. Buying a high end, expensive card is akin to putting all your money in the stock market. There is a greater upside, but also a greater downside. By buying a wide range of cards from different eras, you are better protecting the downside of your investment, although your appreciation may be slower.

[Runscott]

Originally Posted by terjung

I wasn't suggesting a Goudey Ruth (and don't think Larry was either). He specifically mentioned M101-5.

It was what I like to call "an aside". I got off-track, sorry for that, but thanks for your thoughts.