View Single Post
  #54  
Old 08-26-2005, 10:59 AM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default High grade cards are undervalued

Posted By: Jim Crandell

There is no reason to respond to someone who claims that 2 cards went down in price. Thousands upon thousands are going up.
A better barometer is this--I will ask the top dealers in vintage graded cards to estimate the average appreciation over the past 5 years --say Greg Bussineau,Wayne Varner, Skerbe, Brian Drent, Memory Lane and Chris Porter of Lelands......and I will post what they said.
That high end graded cards have increased in value dramatically the past 5 years is indisputable. The question is where they go from here. I would argue they contimue to go up reflecting the big influx of high-end collectors into the hobby with the popularity and acceptance of grading. Some assets or investments have long runs. I grew up in the Hamptons--real estate values have marched steadily higher over the past 20 years withy little interruption. high end sportscards given their limited supply could do the same.

Jim

Reply With Quote