It also depends on how quickly you like to collect.
I'm mostly an opportunistic collector. I like most cards, don't worry too much about condition, and realized years ago that even a really good type set was out of reach.
If you don't mind the collecting taking a LONG time, that can be a good way to go. Look around at HOF cards, and make a list of the ones you like the look of. Most sets have some really nice ones, and a few that just aren't all that nice. Seems a shame to pass up say a Diamond Stars that looks great because you're focused on Goudey.
Once you have a bit of a list of ones you like, just start hunting them until the "right " deal comes up. Maybe a card with really nice centering and image, but with back damage so it's cheap. Maybe an un graded card that's in bad shape that slides past most people. You'll know when you see it.
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