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Old 01-14-2011, 05:12 PM
ls7plus ls7plus is offline
Larry
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Join Date: Dec 2010
Location: Southfield, Michigan
Posts: 1,765
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I don't think cards that are truly rare and significant will ever go out of style in the long run. It's not likely that those baseball fans who are true students of the history of the game, for example, will ever forget Babe Ruth, Ty Cobb, Honus Wagner, Lou Gehrig, Jimmie Foxx, Joe DiMaggio, Ted Williams, Mickey Mantle, Willie Mays or Hank Aaron, just to name a few of the upper echelon hall-of-famers. Our hobby has followed the trends and patterns of the truly rare coin market (not the so-called investor-grade Morgan silver dollars in mint-state 65 or better, which in many cases exist in the hundreds of thousands or even millions, but instead truly rare and significant items, such as 1790's coinage, pre-1833 gold coins--most of which were melted--and trophy coins, as for example the 1894-S dime, 1913 Liberty head nickel, and 1804 silver dollar). That market became organized in the 1850's, over 120 years before ours did, and even truly significant rarities had their ups and downs over the years (see the extensive studies and writings by Q. David Bowers). When prices are down on items of this character, as Bowers said many, many times, that's a good time to buy! It does take some backbone to go against the flow and buck the market trends, however.
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