Quote:
Originally Posted by jchcollins
I had been meaning to upgrade the '56 Mantle from my childhood collection literally for decades, and finally got around to it last year. I went from an SGC A to an SGC 4 - and in the time since then, the value on the 4 has at least doubled from what I paid.
If you are thinking about buying or upgrading Mantle cards, I would agree there is no time like the present. The market may have it's ups and downs, but nice looking Mantle cards are always going to be blue chips.
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Your card is a good example. A year ago an average 56T Mantle gray back PSA 4 sold for about $800. A really nice one cost you $1200. By January the market had bumped to $1200/$2000. At its peak in April it was $2100/$3000. The last two PSA 4 sales, at the end of May, were about $1700, down 20% from the top of the market.
So yeah, from $800 a year ago to $1700 today, the prices on 56T Mantles have doubled. But there is a correction going on, and I am not sure that we are done yet.