Investing question.
Yankees70
Posts: 411 ✭✭✭
I would like to hear some opinions on this topic. Let's say you would win $1 million dollars if you made the correct prediction. Would you invest in 1970 baseball hall of famers in PSA 9 condition or 50 and 60 hall of famers in PSA 8 condition?
Would it be better to purchase rookie cards in PSA 9 condition of Brett, Yount, Schmidt, Munson, Fisk, Winfield, Ozzie Smith, Molitor, Murray, and Eckersley or PSA 8 rookie cards for Frank and Brook Robinson, Bob Gibson, Roger Maris, Al Kaline, Steve Carlton, Jim Palmer, Tom Seaver, and Rod Carew?
I appreciate your comments guys. Please no I would put the money into stocks or bonds or Babe Ruth cards. I would like your opinions based on my specific question. I'm asking because I was discussing this recently at a card store with ample collectors and I want to see if your opinions are similar.
Thank you
Comments
I like the older cards (50s and 60s) with lower POPs. PSA-9s are cost prohibitive for me…and; therefore, I like the same era in PSA-8.5s.
A Frank Robinson rookie in PSA 8 would cost about the same as a 75 Brett PSA 9. The pop report is basically the same - There are 328 PSA 8 Frank Robinsons and there are 326 PSA 9 George Brett rockies.
High end (8.5s or 9s) older vintage is more desirable than 9s from the 70s or later.
Agree but are PSA 8's from the 50's and 60's more desirable than PSA 9's from the 70's for the hall of famers that I listed above.
I think 8s for certain players such as Mantle, Mays, Aaron, Clemente, Koufax, Rose, Ryan, are as desirable or more so than 9s of 70s stars.
Again…I have always felt 8.5s offer the most value for high end cards. And…the older, the better.
70% (69/101 cards in my PC) consist of Mantle, Mays, Aaron, Clemente, Koufax, Ryan, Rose and Banks.
80% (82/101 cards in my PC) are 8.5s or 9s.
Brett and Schmidt RCs are the only 70s rookies in my collection with no RCs in the 80s.
All things being equal and money being no object (
) I'd buy the oldest & highest grades I could find.
So you would prefer a rookie Frank Robinson in PSA 8 over a rookie Brett in PSA 9. Is that correct?
I would though I'd also not want to have to choose between those two. I'd LOVE to have the FR as an 8.
I would prefer 50s and 60s stars in PSA 8 over most 70s but I make an exception for 71-73 which I think are going to rise faster than 74-
This is one of those no-wrong-answer ones for me but I think the older stuff is a safer bet in this particular question from an investing perspective. I think there is more 70s unopened than we think.
I would focus on the individual players and NOT go with the OP's guidelines.
I would choose George Brett over Frank Robinson as an investment even though Frank was the superior player, with an older rookie card, people don't buy his cards like they "should".
Mantle, Clemente, Henderson, Ryan, Griffey and even non hofers like Munson and Mattingly are guys that people have consistently paid huge (stupid?) amounts of money for.
If you're going to invest, you need to look at demand over supply. Newer stuff has got to be psa 10. I would hesitate to buy any vintage in less than a 9.
For a million you could buy them all and step up your game to 9's for the cards in the 50's/60's. Although slow, I think the high grade 70's cards are going to increase in pop more so than the earlier years.
I agree with Mint only. Of course I'm big on OPC cards. I still feel their supply is so low that they will the ones to have in many cases.
Great comments guys. I really appreciate it. Please keep them coming.
50s and 60s in high grade any day. I think 70s in Mint condition will still be around for tapping into solid investments long term. I don't see the same for prior issues and the high grade 50s stuff is drying up fast. It's still only generalizing, there will be exceptions within latter years, but I'd spend the theoretical million on the older cards.
Gobble.
There are two variables to this question: 1) Player legacy and 2) Card condition. The star talent in the 1950s and 60s was superior to the 1970s. Mantle, Mays, Aaron, and Nolan Ryan will always dwarf collectibility of players like Schmidt, Brett, and Murray. Therefore, the better investment will be 1950s legends in PSA 8 versus 1970s superstars in PSA 9.
If you equalize for talent, then the balance shifts. Schmidt, Brett and Murray in dead centered PSA 9 is a better investment than Brooks Robinson, Frank Robinson, Rose, Bench in PSA 8.
That said, dead centered high grade rookies of the games biggest legends have always done well over time.
Great comments. Thank you.