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Old 09-19-2007, 05:18 PM
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Default Why It Pays To Invest InHigh Grade Pre-War Cards

Posted By: jay behrens

Bruce, how about go through the last years worth of major auctions and track the resale of those cards. I'm willing to bet that you won't find any others with that sort of return, even a year down the road.

Let;s look at the flip side of that deal you used. Whoever consigned the card to MAstro probably took a good hit. So from the Mastro consigner's viewpoint, it wasn't a good investment

I seem to remember someone doing a study on PSA9 t206s over the past 5 years or so and it showed a dramatic drop in price in most cards. Once the registry boys get their cards, there is no one else there to drive price unless they place bids themselves to try and artificially keep price levels high.

I've got a good reputation as an astute buyer and even if I had a huge bank account to buy whatever I wanted, I wouldn't be "investing" in high grade cards.

Jay

The richest person is not the one who has the most, but the one who needs the least.

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