poll on gai wax packs/investment
Rainman
Posts: 1,001
if you were going to speculate on gai wax packs, which years would you buy and why? focus= long term holding, ideally an increase in investment
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10 years ago you could have bought a 1958 Topps football pack for $250, '54 Bowman baseball for $250-300, or '57 Topps football for $300.
All of those packs now are worth at least $1,500 to $2,000. The ROI of penny packs is much lower, but they still make solid investments.
The packs I'm buying are nickel and cello's to a lesser degree.
Even in the 60's, there are still many great investments. 1965 Topps football has always been rare; I can't imagine what that would sell for now. '62 and '63 Fleer football is also very rare.
Do you happen to have a 1955 Bowman baseball pack that you would consider parting with...? PLMK
and the cost is minimal.if i could "sell short" the ebay
prices on 60s and 70s rack packs that would be my choice.
I haven't seen a '55 Bowman baseball pack in ages. The packs and boxes from the Mr Mint find have either been very well stored away or they've nearly all been opened up.
Packs from the '70's haven't produced the kinds of returns as older, rarer packs have. Some are still great buys though. 71/72 Topps basketball packs are spectacular. They were rare 5-10 years ago, and they are still some of the rarest packs of the decade in any sport. 73/74 Topps rack packs are somewhat rare and undervalued.
Baseball packs from '75-79 are certainly solid investments. But supply and demand isn't as favorable IMO from this era as earlier material.
The allure of 50's material is not only of the unopened pack itself. But also, the fact that it's one of the only ways to pull out uncirculated cards from that era. There are no rack packs or vending boxes to speak of (compared to the 70's for example). So if you want to pull a Mint condition Mantle or a mint condition Jim Brown rookie, packs are the only way to go. And with such little new supply coming onto the market, prices have only gone up.
Will they continue to go up in the future? I buy them purely as a great collectible. If they keep going up, that's an added bonus.
Current obsession, all things Topps 1969 - 1972
Current obsession, all things Topps 1969 - 1972
all 71 packs are expensive due to their scarcity and low production runs and will most likely hold their value. christmas racks are a nice collectible but only at lower prices based on what they are. an aftermarket pack.
60's 5c packs are probably not the greatest investments right now, you have to remember the people that are paying 800-1200 a pack already have an enormous collection so their relative cost is not that high when looking at the big picture. buying these packs at these prices on an individual/investment basis is probably not wise
my thought is to buy the rarer 50/60's packs as the scarcity will always drive the price. do not chase the big $$ on the more common 60's packs and buy the 60's that are selling at a discount relative to the rest of the pack market due to oversupply, example 61 fleer football and 67 baseball cellos 6 months ago. happy hunting
Anyway... years ago, I collected Stephen King limited edition books. They were typically small press runs published prior to the massive Doubleday editions, usually signed and numbered. Steve once commented that, even though the limited editions were sold out prior to publication, they were not rare books because they were readily available on the secondary market (at inflated prices). He stated that a truly rare book was one could not be located after searching for a year, regardless of cost. Sounds like a 71/72 Basketball wax pack.
Current obsession, all things Topps 1969 - 1972
1933 Sport King packs use to show up every now and then. And there use to be the occasional 1910 unopened Tobacco pack with a T 206 card in it.
I believe Collectors Universe auctioned off a 1948 Bowman basketball pack a few years ago. Talk about amazing.....
Comments are welcome!!
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