Quote:
Originally Posted by steve B
then buying the best you can afford isn't a bad way to go. Better cards sell easier and sell easier still in better condition.
Short term better cards are an even better play. Being high bidder on a worn card means probably having to wait at least a couple years before it will be worth enough to not lose money.
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I find the opposite to be true for the vast majority of cards. Sure, HOFers in high grade normally rise, but high grade commons in some sets have plummeted. Check the thread I created when PSA came out with their Auction Prices Realized tool; the 1952 PSA 8-9s that averaged $10,000 in 2008 or so sold for $2,000 each in 2010.
I think there's more financial upside in oddball and rare issues, personally. We still haven't had a stock market crash in 10 years. So maybe the best plan for a new collector who hasn't decided yet is to save up money when collectors liquidate during a crash?