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#51
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That buying group never happened, it was just guys spending money on nice cards.
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My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#52
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The biggest secret...
Sell for a profit.
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Need a spreadsheet to help track your set, player run, or collection? Check out Sheets4Collectors on Etsy. https://www.etsy.com/shop/Sheets4Collectors - Hall of Famers Progress: 318/340 (93.53%) - Grover Hartley PC Needs: T207 Anonymous Factory 25 Back, 1914 New York Evening Sun Supplements, 1917 D328 Weil Baking Co., and (possibly) 1917 Merchant's Bakery - Jim Thome PC - Cleveland Indians Franchise Hall of Fame |
#53
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Quick turnover (resale) is a different thing, but perhaps the worst investment advice is to buy "what's hot." That's the exact opposite of what you should invest in.
Also, avoid paying "top dollar." |
#54
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This is an interesting thread, and I have enjoyed reading some of your posts.
Here is my advice: invest in key vintage rookie cards from ALL sports. The higher the grade, the better. Baseball cards have become so expensive, and now we are starting to see cards from other sports catch up. For example, a PSA 8 1951 Parkhurst Gordie Howe rookie went for $50,000 USD (goldinauctions) and a PSA 8 1958 Topps Bobby Hull rookie $84,000 USD (REA). Ten years ago, if you had told me that these cards were going to sell this high in the future, I would have laughed in your face and called you an idiot (actually I wouldn't have done the last part because I wouldn't have wanted to get my a** kicked).
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Successful transactions on Net54: Peter_Spaeth, rustywilly, esehombre, scooter729, NiceDocter, Mishu2nite, wolf441, jdeptula, mckinneyj and more! |
#55
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Quote:
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#56
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Paying up for iconic cards of inner circle Hall of Famers like Ruth, Cobb, Wagner is solid long-term advice. But are not any cheap Ruth, Cobb, Wagner cards.
Sometimes there are cards/sets outside the big four sports that are lottery tickets. David Peck has posted on this board many times above the explosion in values of the 1982-83 Wrestling All Star sets. Peck has written on here that he bough his first Hulk Hogan card (that ultimately graded PSA 9) for $50. That card is now a $2,500 card in that grade. Peck also wrote he never thought he would see high grade commons from those sets selling for $1,000. On the whole, though, when looking to make money, put your cash into a diversified mutual fund. There aren't any dividends with cards.
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Flawless BST transactions with Wondo, Marslife, arcadekrazy, Moonlight Graham, Arazi4442, wrestlingcardking and Justus. Last edited by Bored5000; 06-10-2018 at 12:34 PM. |
#57
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Never turn a long term investment piece into a sale to fund a new purchase. Almost always never works out.
Last edited by Johnny630; 06-10-2018 at 04:42 PM. |
#58
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Fwiw
The most money I ever made in my 42 years of collecting cards is when I purchased a ty Cobb/Cobb back at a price which was almost double the record high at the time back in 2008. I later sold it for a crazy 18 month gain.
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