Are these three Football cards good long term investments? (low dollar items, $20)
ChanceP
Posts: 68 ✭✭
Could these cards be worth $40 or $50 each in 10-15 years? I'm looking to start purchasing PSA 8s and 9s of HOFers that I like from the late 70s, early 80s (as per some of your guys advice). Rookies if possible and as close to rookies as possible if too expensive
I don't really ever plan on selling BUT . . . . I do want the cards I chose to have great investment potential
Kinda vague and lame questions I know guys sorry but Im just trying to get a feel here and you guys really know your stuff
SMRs for these cards are $22 Taylor RC, $15 Lott RC, and $27 Montana 2nd yr
I don't really ever plan on selling BUT . . . . I do want the cards I chose to have great investment potential
Kinda vague and lame questions I know guys sorry but Im just trying to get a feel here and you guys really know your stuff
SMRs for these cards are $22 Taylor RC, $15 Lott RC, and $27 Montana 2nd yr
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Comments
PSA 8's don't appreciate as fast as PSA 9s. The 1979 T Earl Campbell PSA 8 used to sell for around $35 a few years ago, now it gets $40. A PSA 9 Campbell sold for around $160, now I see it in the $250+ range.
I sold my PSA 9 for $160 thinking I could get another for the same price or lower later on. I was wrong.
I'm more of a football guy, but if you want to manage a budget, focus on defensive players and players from team with a strong fan base. I have made a lot of money over the years buying PSA 9/10 Steeler cards at local shows and flipping them.
I think 8's of cards like these are not likely to increase much if at all. There are a ton out there and will be more and more as more cards are submitted.
If it's reasonable, I'd recommend selling all of those, and getting 1 PSA 9 that is equal. That's if you're looking for investment purposes mainly
TheClockworkAngelCollection
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Nick
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There are collectors at every budget range, and there will always be collectors looking for gorgeous, key cards of the popular HOF players. You can see nice increases at every grade level, if you buy the absolute best card in that level, one that looks as good or better than some in higher TPG-assigned grades.
As both a buyer and seller, I have seen some very high percentage increases in value-- and some in short periods of time-- for mid and lower grade cards with transcendent eye appeal. I have also seen "low-end" 9s and 10s that lack the eye appeal of their more deserving counterparts in the same grade get bought hoping for a good resale, but because the eye-appeal is not there, the cards go unsold or get unloaded for a loss of varying size.
So it is important to not merely buy within a grade, but to make sure the card matches or exceeds that grade. Especially with more expensive cards that are condition-rare as opposed to rare in all grade states, I often see buyers of expensive condition rarities being very selective in which card they choose to buy. Picky collectors about to plunk down serious coin for a condition-rare expensive card will often pass on the specimens with less eye appeal and wait out the nice ones. Just look at the thread about the 71 Aarons here today; some of us as buyers are passing on both high grade examples and instead are choosing to wait out a better one.
The advice about picking cards with big and passionate fan followings is very smart-- though that should never deter one from collecting what and who they love, appreciation set aside.
I would also lastly not embrace SMR as a bible, since in many cases it is way behind the live market.
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<< <i>I would say get the best CARD, whether it is an 8 or a 9 or a 6. Whatever the company's grade, make sure it is worthy of that assigned grade and looks the part-- if not better.
There are collectors at every budget range, and there will always be collectors looking for gorgeous, key cards of the popular HOF players. You can see nice increases at every grade level, if you buy the absolute best card in that level, one that looks as good or better than some in higher TPG-assigned grades.
As both a buyer and seller, I have seen some very high percentage increases in value-- and some in short periods of time-- for mid and lower grade cards with transcendent eye appeal. I have also seen "low-end" 9s and 10s that lack the eye appeal of their more deserving counterparts in the same grade get bought hoping for a good resale, but because the eye-appeal is not there, the cards go unsold or get unloaded for a loss of varying size.
So it is important to not merely buy within a grade, but to make sure the card matches or exceeds that grade. Especially with more expensive cards that are condition-rare as opposed to rare in all grade states, I often see buyers of expensive condition rarities being very selective in which card they choose to buy. Picky collectors about to plunk down serious coin for a condition-rare expensive card will often pass on the specimens with less eye appeal and wait out the nice ones. Just look at the thread about the 71 Aarons here today; some of us as buyers are passing on both high grade examples and instead are choosing to wait out a better one.
The advice about picking cards with big and passionate fan followings is very smart-- though that should never deter one from collecting what and who they love, appreciation set aside.
I would also lastly not embrace SMR as a bible, since in many cases it is way behind the live market. >>
thank you very much