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Old 06-13-2007, 01:19 PM
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Join Date: Mar 2009
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Default Nowadays We Have Price Guides For Everything

Posted By: peter chao

Here's an idea for a new price guide if some of the unemployed Beckett's or SCD people want to try it. If you have been in the hobby for 10 years or more, your mind works as a historical price guide. By this I mean, when you see a Babe Ruth card you instantly think of steady appreciation, low risk.

In other words, we remember trading cards, buying and selling cards. By doing this we have a pretty good idea that #53 1933 Goudey Ruth is about as safe a purchase as you can make.

But how about all the newbies to the hobby who don't have a reserve of all this past pricing information, where's a price guide that is going to help them. That's where an energetic entrepreneur can make some money. Develope a historical price guide.

You can pretty much arbitrarily pick a starting date for various cards and sets and draw a curve for historical and present prices. If you really want to play soothsayer you can make a projection as to the future price of a card.

And if your right then Warren Buffett step over, there's a new kid in town.

Edited to read you're right because Barry pressured me into it.

Peter

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