Quote:
Originally Posted by Neal
I think there is a lot of non-collectors jumping in as buyers and holders. For vintage, I don't see this as largely a "flip game" as much as an enjoyable, investing opp. I could be wrong.
That said, they aren't looking for Eddies Collins. Who? That is what most would say if asked. A touch of Gehrig and (optional) Cobb, Jackie and Satch, Mantle and Ruth, Hank and Willie sprinkled in with some Ted, 70s HOF Bigs like Schmidt and Brett, and then there is Junior - whose 89 Upper Deck PSA 10 with a gem rate of 5% will hit 8K plus. Maybe 10K. And soon.
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Did you miss what happened with Project 2020 last May/June? Yes there are lots of people jumping in, but how long are they going to stay? What happens when prices start dropping? Are they going to cash out and move on to something else? If you are in before the run up, you will be up. If you are buying near the peak, who knows?