Quote:
Originally Posted by pokerplyr80
If your friend had focused on 89 UD griffey 10s he would have done ok. Maybe not a retirement plan but they've been going up steadily from 200 2-3 years ago to about 400 now. I know there are a lot of them but was the card for collectors who started in that era like myself. No ties to steroids. I think high end griffeys are a good investment personally.
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If you think 3-4% compounded annually is a good investment. Over one million printed plus more gems for Upper Deck employees. Just way, way too many. An iconic card? Yes. A good investment? Don't bet the farm (or even a small, backyard vegetable garden) on it. 3-4% may even be highly optimistic in a true COLLECTOR'S MARKET, not a speculative, investor's--that would mean its value would double every 18-24 years. There's still a lot of pack-fresh, ungraded one's out there.
Best of luck in your collecting,
Larry