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Originally Posted by Rangers09
Hi All,
Just wanted to quickly introduce myself, apologies in advance if this isn't the appropriate forum. I collected modern baseball cards when I was younger, primarily from 2008-2014. I focused on newer cards of older players (pre-1990's), as I found the prices to be a bit less volatile than the newer guys. I took an extended hiatus from the hobby, but am now in my mid-20's, and am interested in jumping back in with a focus on vintage. I've selected a few cards that I'm researching and watching on eBay, and heard this forum was a good place to learn more. A couple of questions:
1. What additional resources are available to learn more? I've been diving into a couple of blogs and historical sales data at PWCC.
2. My strategy is to allocate a % of my overall investing budget (5%-10%) to vintage cards. I'm thinking I'll start by investing in players that I like (Speaker, Hornsby, Cobb, Ruth, Aaron, Robinson, Koufax, Ichiro), but not sure if there are common strategies beyond that. I'd rather not focus on 1 specific era, player, or brand, but also not sure if that's a sustainable strategy.
3. Random question, but in my research I'm showing significant price spikes across all players in 2016. What drove this?
4. I'm seeing prices are relatively high, especially on Post-WWII cards (I'm assuming due to COVID). I would expect that prices start to decline as people begin to leave their homes, but not sure what the common sentiment is.
Thanks for any help, and I'm excited to get started!
Dusty
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Key rookies are always a good starting point, especially from a liquidity standpoint. If you can sell those at a profit over time they could pay for any oddballs or personal focus cards that are less liquid.
For example, I have a number of PSA mint Ron Santo cards because I knew Ron through work and I'm a Cubs fan. I never did ask him to sign for me because I didn't think it was right for work-and he tipped us cash all the time. So I (much later) started collecting his cards. Santo IS a hall of famer, but his rookie in mint 9 is mainly stagnant/grows at a very small percentage over time. It's certainly the most liquid of his cards. The others I own will be tough to move but that's ok because they are larks, just cards I like to look at from time to time to remember him.
On your fourth point, my hypothesis is when the 86 Fleer Jordan rookie went thermonuclear last month that many, many new collectors realized it was out of reach. Right away those people turned to; all NBA legends' rookie cards who appeared in Last Dance; the 89 UD Griffey, then all Griffeys; then the market splintered in different directions. It's doubtful the Jordan will ever decline again but you get the sense there was a real FOMO run on NM ones.