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need some help on historical price trends on 1933 goudy #144 Babe Ruth PSA 8. And opinions

My friend called me today and said he has some extra money and would like to invest in this card.

Was curious on how it performed over the last 20years and what I think the future would be over the next 20.

Can someone chime in with some vcp prices and your opinion on whether you think this would be a good investment over the next 20yrs and why.

Thanks for your time and any input.

I know vcp only goes back 3yrs but it would be a start.

Comments

  • jimradjimrad Posts: 2,777 ✭✭✭
    Latest Auction Prices for: PSA 8 - Average Price: $17,563.35

    2/12/10 Goodwin $17,834.20
    12/13/09 ML $17,292.50
    8/9/09 Memory Lane Image 5 $17,601.50
    2/13/09 Goodwin Image 20 $21,076.00
    12/14/08 Memory Lane Image 10 $18,189.00
    10/1/08 Mile High Image 4 $15,244.50
    5/4/08 REA Image 21 $23,500.00
    2/14/08 Mile High Image 17 $18,663.70
    5/13/07 eBay $16,200.00
    1/18/07 Mile High 10 $16,762.00
    12/7/06 Mastro $18,368.40
    11/30/06 SCP $19,302.00
    6/10/05 SCP $22,800.00
    5/1/05 Rea $19,720.00
    5/1/05 Rea $16,240.00
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  • brendanb438brendanb438 Posts: 1,595 ✭✭✭
    My personal opinion is this would be a poor choice for an investment. The economy in this country is broken and has to really completely crash before it can turn back in the right direction. 10+ years before we truly see a turnaround assuming we don't destroy ourselves first.

    So a better investment would be POGs, Beanie Babies and wrestling cards.
  • handymanhandyman Posts: 5,395 ✭✭✭✭✭
    Buy barells of weat. I think in 20 years that will be the winning pick. And todays lotto will be 5,6,7,8,9, and Ill let you pick the last one. But Ill give you a hint its and even number.
    Jk, Who knows its a great card and I dont think it will be 0.00 in 20 years so hope that helps
  • VitoCo1972VitoCo1972 Posts: 6,132 ✭✭✭
    I think we're on the precipice of baseball losing a lot of relevance (unfortunately). Football is king and kids are playing baseball in far less numbers. I'm very concerned that baseball collectibles will simply have less buyers when collectors that are 65+ now are dead in 20 years.

    Having said that, if you're going to invest in an iconic card, it really has to be Ruth or Mantle and the Goudey set is very iconic but I don't see a price increase coming that will gain you much over inflation.
  • nam812nam812 Posts: 10,586 ✭✭✭✭✭
    Tell him to buy 12 ounces of gold instead.
  • Wrestling cards.
  • GoDodgersFanGoDodgersFan Posts: 1,392 ✭✭✭
    Folks buying cards are down given the economy and the trend is not good in the next few years.
  • fkwfkw Posts: 1,766 ✭✭
    One thing to always keep in mind on the R319 #144 Ruth card is it is 2 times more common than any other card in the set.

    It was double printed and took the place of the #106 card (Nap Lajoie/Durocher) on the sheet.
    The #106 card was intentionally removed by Goudey from production so kids could spend all their pennies on looking for a card that didnt exist, trying to complete a set.

    Besides that I think its the nicest looking of the Ruths in the R319 set. But its sure is never going to be considered scarce....

    Supply and demand issues will keep it in check, especially with collectors who gain knowledge on PreWar cards.
    Fat Wallet Newbies love the card far more than advanced PreWar collectors...

    It is easily the 2nd most common Ruth card from his playing days, following the Sanella Cards from 1932
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