19 years later, have post war rookie card prices really changed much?
digicat
Posts: 8,551 ✭✭
I have in my hands a copy of the September 1989 Beckett Price Guide. It's got Jim Abbott on the cover. 
I notice that the NM prices given for 1960s HoFer rookie cards are pretty much the going rate for them in PSA 7 today, with just a few differences.
Is this how it's always been, or was there a crash at some point during the last 19 years that the prices are recovering from?
I notice that the NM prices given for 1960s HoFer rookie cards are pretty much the going rate for them in PSA 7 today, with just a few differences.
Is this how it's always been, or was there a crash at some point during the last 19 years that the prices are recovering from?
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This should serve as an excellent warning to anyone who sees post-war mid-grade cards as an 'investment'.
http://sportsfansnews.com/author/andy-fischer/
Key NM cards in the 1949 Bowman Set, according to the 1989 Beckett, that price with 19 years worth of inflation, and the NM price in the April 2008 SMR.
Stan Musial = $400, inflation = $692.67, SMR = $600 -- lost
Jackie Robinson = $500, inflation = $865.83, SMR = $1000 -- gained
Roy Campanella RC = $500, inflation = $865.83, SMR = $700 -- lost
Richie Ashburn RC = $400, inflation = $692.67, SMR = $715 -- gained
Satchel Paige = $1000, inflation = $1731.66, SMR = $1250 -- lost
Duke Snider RC = $850, inflation = $1471.92, SMR = $1000 -- lost
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25
I remember following Clemente's '55 for years. About every other month, Beckett would put an ^ by it.
My conspiracy was he had a couple stacks of those suckers hidding in a safe or something.
<< <i>Lets see...
Key NM cards in the 1949 Bowman Set, according to the 1989 Beckett, that price with 19 years worth of inflation, and the NM price in the April 2008 SMR.
Stan Musial = $400, inflation = $692.67, SMR = $600 -- lost
Jackie Robinson = $500, inflation = $865.83, SMR = $1000 -- gained
Roy Campanella RC = $500, inflation = $865.83, SMR = $700 -- lost
Richie Ashburn RC = $400, inflation = $692.67, SMR = $715 -- gained
Satchel Paige = $1000, inflation = $1731.66, SMR = $1250 -- lost
Duke Snider RC = $850, inflation = $1471.92, SMR = $1000 -- lost >>
Dang...
Well, thanks for the info :-)
<< <i>Of course, all bets are off for truly mint examples, >>
.
Yes, of course. The sky's the limit, as many deep-pocketed folks collect in the high-end vintage market.
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25
<< <i>Lets see...
Key NM cards in the 1949 Bowman Set, according to the 1989 Beckett, that price with 19 years worth of inflation, and the NM price in the April 2008 SMR.
Stan Musial = $400, inflation = $692.67, SMR = $600 -- lost
Jackie Robinson = $500, inflation = $865.83, SMR = $1000 -- gained
Roy Campanella RC = $500, inflation = $865.83, SMR = $700 -- lost
Richie Ashburn RC = $400, inflation = $692.67, SMR = $715 -- gained
Satchel Paige = $1000, inflation = $1731.66, SMR = $1250 -- lost
Duke Snider RC = $850, inflation = $1471.92, SMR = $1000 -- lost >>
That's a cool analysis. Also, don't forget that the actual numbers are probably even worse, since so many of the 'NM' examples from twenty years ago were, in fact, doctored cards. Thus, the odds that the card you were buying had been touched up in some way factored into the market price. Obviously there are some altered cards in PSA holders, but overall the odds of a PSA 7 being doctored are far lower than the odds that a raw, NM-looking card being sold by a dealer 20+ years ago was altered. So, even with the added assurance that the card is legitimate, many of these cards have still lost value.
Of course it depends on what one has into them. If one has only grading fees then they did well.
If one bought and just gets their money back and they had fun along the way then that is good too.
If one bought at mint prices back in the day and the cards grade lower and they took a loss well then yes I agree
with you.
Many variables here.
Bottom line is you make your money on the purchase end. You get paid though at the sell.
Steve
If you bought as a hobby you did good.
Altered trimmed and all that aside, I am talking about properly graded cards.
Steve
1989 NM Price = $6600
19 years worth of inflation = $11,428.99
2008 SMR NM price = $35,000
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25
<< <i>if you bought as an investment No Good.
If you bought as a hobby you did good. >>
When I was a kid in 1990, I forked over $200 for a Joe Montana rookie card. A few years ago, I sent it in for grading, and due to the centering, it got a PSA 7 (were it centered, it'd have been a 9).
Anyways, a few months ago, I was chatting with my sister about debts, bills, etc. I mentioned that I was still paying off my school loans.
My sister: "I thought you were going to use that Joe Montana rookie to pay for college?"
Heh.
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25
<< <i>
<< <i>if you bought as an investment No Good.
If you bought as a hobby you did good. >>
When I was a kid in 1990, I forked over $200 for a Joe Montana rookie card. A few years ago, I sent it in for grading, and due to the centering, it got a PSA 7 (were it centered, it'd have been a 9).
Anyways, a few months ago, I was chatting with my sister about debts, bills, etc. I mentioned that I was still paying off my school loans.
My sister: "I thought you were going to use that Joe Montana rookie to pay for college?"
Heh. >>