High End older issues (Blue Chips) are on the rise..
olb31
Posts: 2,926 ✭✭✭✭✭
while some of the newer stuff has flattened out or even dropped, PSA 8's and up of older cards of Mays, Clemente, Mantle, Aaron, etc. are red hot. It's getting really difficult to even find PSA 8's of many of the Blue Chips, thus giving rise to the 7's and 6's. Mantle in particular. For example, 1967 PSA 7's are at $1,200 plus, 1965 PSA 6's are about the same. While Jordan, Shaq, magic, Bird, jeter, elway, etc have fallen a little and flattened out.
Every few years the Mantle's really jump, while in other years they hold their own and rise a couple percent. But with a lot of stuff kind of slowing down the investors are heading toward the Blue Chips.
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I'd only add that anything well centered in low grades is going fast as well....centering is 9/10ths of the law.
Show me a PSA 1 with excellent centering and I'll show you a dozen different bidders.... Vintage HOF'ers that is.
good post you are correct centering means everything.
In PSA/SMR back in 2012, a 1952 Topps Mantle PSA 6 was priced at 20K. Prices are certainly higher than ever for vintage. That's also a BIG gap between a 7 and an 8. 7's are certainly undervalued. They will be 400K+ cards in 3-4 years max.
Over the long term nobody has lost money on Mantle and many people have made their retirement on owning a few of the right ones.