future value of PSA 7 and above Mantle cards

MajorDanby · July 17, 2006 2:13AM

I'm debating whether to sell off a few of my 1960's Mantle PSA 7's . I've noticed that although SMR prices have not increased since i bought these cards, realized prices on ebay for the PSA 7 and 8 Mantle cards i own have increased by about $50. I've read several posts here over the past few months from collectors who have stated that in terms of future realized prices, graded cards from the 60's going forward wont increase by much. what about mantle cards? playing the investment analyst, do you think PSA 7+ mantle cards (which will surely hold their value) will increase markedly in value in say 5 years time?

thanks in advance.

VintageJeff · July 17, 2006 2:18AM

I really don't see how anyone can say that 60's cards will not increase in value.

MajorDanby · July 17, 2006 2:23AM

dont ask me. ive read it on the board before.

VintageJeff · July 17, 2006 2:27AM

The way I see it is that the supply is not going to increase by much and they are only getting older. There have been a ton of natural disasters in recent years and if trends continue there will be many many more. Just think how many collections have been destroyed by flooding from hurricanes etc. Plus the pop reports are fairly low on alot of cards and thats with them being completely skewed due to crack and resubmitting looking for higher grades.

Boopotts · July 17, 2006 2:35AM

<< The way I see it is that the supply is not going to increase by much and they are ownly getting older. There have been a ton of natural disasters in recent years and if trends continue there will be many many more. Just think how many collections have been destroyed by flooding from hurricanes etc. Plus the pop reports are fairly low on alot of cards and thats with them being completely skewed due to crack and resubmitting looking for higher grades. >>

a) There are still many, many collections out there that contain high grade cards that haven't been graded.
b) Look a the trend for prices of 60's graded cards over the last four years.

MajorDanby · July 17, 2006 2:39AM

<< Look a the trend for prices of 60's graded cards over the last four years. >>

and your conclusions are? unless you've been collecting 60's graded cards extensively, you dont have this information at your fingertips to simply look up what has been the trends.

VintageJeff · July 17, 2006 2:41AM

<< 

<< The way I see it is that the supply is not going to increase by much and they are ownly getting older. There have been a ton of natural disasters in recent years and if trends continue there will be many many more. Just think how many collections have been destroyed by flooding from hurricanes etc. Plus the pop reports are fairly low on alot of cards and thats with them being completely skewed due to crack and resubmitting looking for higher grades. >>

a) There are still many, many collections out there that contain high grade cards that haven't been graded.
b) Look a the trend for prices of 60's graded cards over the last four years. >>

How many of those will actually see the market place though? And since they are not graded the protection of the cards is questioned. Cards I had raw that I revisited years later were hardly PSA 8-10 material. At least my PSA collection has a chance of surviving damage from previously mentioned natural disasters and other hazards such as a new puppy or child.

Trends are a mixed bag imo I have seen some prices trending upwards and some going downwards. It all depends on what people are buying at a given moment.

MajorDanby · July 17, 2006 2:51AM

<< Trends are a mixed bag imo I have seen some prices trending upwards and some going downwards. It all depends on what people are buying at a given moment. >>

so, are you saying that 60's cards are not going up and not going down, but have fluctuated at nearly the same levels as 5 years ago?

jskirwin · July 17, 2006 2:55AM

My feeling is that the 60's market is pretty much set in terms of supply. It's common knowledge that baseball cards have value - and most collectors from that era have either sold off their collections or will hold them indefinitely. I'd say that the baseball card "fad" of the early 90's brought out most of the cards that were going to be sold, so what remains will only come to market in drips and drabs.

Plus you are talking about the Mick. Even collectors (like me) who started collecting after he retired want to own his cards because they're his. Therefore you will always have the demand for them - just like you will always have demand for Babe Ruth and the other greats of the game.

So... the only reason I would sell the PSA 7s would be to upgrade to PSA 8s or 9s.

BTW, word of advice:stop looking at the $ signs. I don't own a single Mantle - yet - having focused on my era the 1970s. However, enjoy the cards. I'd love to have a PSA 7 Mantle myself - but can't afford them.

storm888 · July 17, 2006 4:00AM

"I really don't see how anyone can say that 60's cards will not increase in value."

/////////////////////////////////////////////////////

storm

Boopotts · July 17, 2006 5:34AM

<< 

<< Look a the trend for prices of 60's graded cards over the last four years. >>

and your conclusions are? unless you've been collecting 60's graded cards extensively, you dont have this information at your fingertips to simply look up what has been the trends. >>

This isn't something I'm really looking to argue about. If you think '60's graded cards are going to increase in value, then that's fine-- everyone has an opinion. My opinion is based on the belief that the supply will continue to outstrip demand for the foreseeable future, and the fact that high grade '60's cards have, in the aggregate, dropped considerably in value in the past 4 years. So far as I know there are almost no examples in the world of baseball cards where the cards of a particular era or issue have sustained an appreciable increase in value once those same cards have gone down in value (assuming the players in the sets are no longer active). Once a card's price starts to go down it either a) stabilizes, or b) continues to drop. Also, the fact that card doctors are getting better and better at their craft with every passing year would suggest that you'll start seeing more 8's and 9's even if the supply of high grade raw cards remains fixed.

bri2327 · July 17, 2006 5:47AM

Since the original question was in regards to Mickey Mantle cards, let me give it a try.......Yes, I definately, 100% feel that Mantle cards will continue to appreciate in value. He is and always will be the single most sought after name in the post war hobby. There will always be Mantle fans, sons of Mantle fans, grandkids of Mantle fans, and so on. There will always be Yankee collectors and other collectors alike who will be willing to shell out good $$ for his cards.

Boopotts · July 17, 2006 5:59AM

<< Since the original question was in regards to Mickey Mantle cards, let me give it a try.......Yes, I definately, 100% feel that Mantle cards will continue to appreciate in value. He is and always will be the single most sought after name in the post war hobby. There will always be Mantle fans, sons of Mantle fans, grandkids of Mantle fans, and so on. There will always be Yankee collectors and other collectors alike who will be willing to shell out good $$ for his cards. >>

When it comes to Mantle in particular I agree-- his cards should keep going up IMO. i was thinking about '60's cards in general.

iamthegreatcornholio · July 17, 2006 6:07AM

I don't want to generalize the 60's, but if most Mickey Mantle cards are like the 1965 Mantle card, yes, they've been going up.

PSA 8 1965 Mantle went for about $800-$900 when I started collecting the set (mid-2004). The SMR has remained the same ($900), but it typically sells for $1,200 - $1,400 nowadays, although, I've seen a PSA 8 hit over $2,000 recently!

I don't want to derail this, but speaking of Mantle, let's raise the stakes. I started tracking 1952 Topps Mantles in 2001, and they've all increased, but proportionately more in high grades, and I don't see any reason why the demand won't continue to increase.

PSA 1's went for $1,200 in 2001, and now they go for $2,400

PSA 8's went for $20,000 - $25,000 in 2001, and the last one sold for $72,000 recently

Needless to say, Mantle is a hobby "blue-chip".

A761506 · July 17, 2006 6:10AM

In putting things into an investment perspective, as the original post asked, PSA 7 and higher Mantle baseball cards are like owning blue-chip stock. There won't be a ton of fluctuation in the value, the dividends are equivalent to your personal enjoyment of owning the card, and you can liquidate at current market value at any time.

To expect a significant increase in value of these cards is unlikely over a short time span. Over a longer time span, say 10 years, the possibility does exist that the value could double, which would equate to roughly a 7% annual increase in value, which in terms of investing, is a sufficient rate of return for the majority of investors.

VintageJeff · July 17, 2006 6:14AM

<< 

<< 

<< Look a the trend for prices of 60's graded cards over the last four years. >>

and your conclusions are? unless you've been collecting 60's graded cards extensively, you dont have this information at your fingertips to simply look up what has been the trends. >>

This isn't something I'm really looking to argue about. If you think '60's graded cards are going to increase in value, then that's fine-- everyone has an opinion. My opinion is based on the belief that the supply will continue to outstrip demand for the foreseeable future, and the fact that high grade '60's cards have, in the aggregate, dropped considerably in value in the past 4 years. So far as I know there are almost no examples in the world of baseball cards where the cards of a particular era or issue have sustained an appreciable increase in value once those same cards have gone down in value (assuming the players in the sets are no longer active). Once a card's price starts to go down it either a) stabilizes, or b) continues to drop. Also, the fact that card doctors are getting better and better at their craft with every passing year would suggest that you'll start seeing more 8's and 9's even if the supply of high grade raw cards remains fixed. >>

So how do you explain the T206's rapid increase in price, the caramel cards, etc.

envoy98 · July 17, 2006 6:35AM

<< 

This isn't something I'm really looking to argue about. If you think '60's graded cards are going to increase in value, then that's fine-- everyone has an opinion. My opinion is based on the belief that the supply will continue to outstrip demand for the foreseeable future, and the fact that high grade '60's cards have, in the aggregate, dropped considerably in value in the past 4 years. So far as I know there are almost no examples in the world of baseball cards where the cards of a particular era or issue have sustained an appreciable increase in value once those same cards have gone down in value (assuming the players in the sets are no longer active). Once a card's price starts to go down it either a) stabilizes, or b) continues to drop. Also, the fact that card doctors are getting better and better at their craft with every passing year would suggest that you'll start seeing more 8's and 9's even if the supply of high grade raw cards remains fixed. >>

Card doctors? Blasphemy! They don't exist...

Boopotts · July 17, 2006 6:42AM

<< 

<< 

<< 

<< Look a the trend for prices of 60's graded cards over the last four years. >>

and your conclusions are? unless you've been collecting 60's graded cards extensively, you dont have this information at your fingertips to simply look up what has been the trends. >>

This isn't something I'm really looking to argue about. If you think '60's graded cards are going to increase in value, then that's fine-- everyone has an opinion. My opinion is based on the belief that the supply will continue to outstrip demand for the foreseeable future, and the fact that high grade '60's cards have, in the aggregate, dropped considerably in value in the past 4 years. So far as I know there are almost no examples in the world of baseball cards where the cards of a particular era or issue have sustained an appreciable increase in value once those same cards have gone down in value (assuming the players in the sets are no longer active). Once a card's price starts to go down it either a) stabilizes, or b) continues to drop. Also, the fact that card doctors are getting better and better at their craft with every passing year would suggest that you'll start seeing more 8's and 9's even if the supply of high grade raw cards remains fixed. >>

So how do you explain the T206's rapid increase in price, the caramel cards, etc. >>

T206's and carmel cards have never come down in price. That's my point. Those cards just get more valuable every year. '60's cards have fallen off since the beginning of the grading frenzy in 2002 or so.

future value of PSA 7 and above Mantle cards

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