I think it depends on the card. I think for common stuff I would just prefer a nice grade card, however if money was tight then having some pretty looking cards might be a better way to go.
On rare and highly desirable stuff I see these cards increasing in value and demand, but I don't see them ever getting higher then the G-VG price of an unaltered card. When you can buy a card for 1000-2000 that looks like and 8-10K card it opens the market up to more people. Regardless to what people may think there are A LOT more people able and willing to spend 1-2K on a card then 8-10K.
Recently I think the altered T206 Wagner and Planks have proven this.
James G
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WTB Boston Store Cards esp Ruth, Hornsby and 1915/16 UNC Strip cards and other Boston Store's too.
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