I do agree with Peter on this one - I have been buying for almost 50 years - and as long as you don’t get involved in the quick hits you do very well over time. If you jumped in trying to make big money on the latest hot items like modern cards - then you were foolish and should not be involved in this hobby. I only buy 1880s - 1975 and yes there were slow times when customers were gun shy for a while. But vintage has always been a safe investment.
Now I did dally with new product for 15 years when it was super hot in the late 70s and 80s and early 90s. While I made a ton of money doing that but I passed many vintage deals at that time - and made some classic blunders. Still the money was immediate except for when some dealers started buying more than they could sell and killed it for the rest of us.
You can’t go wrong with vintage unless you start buying graded cards that you can’t move quickly. My display at this year’s National will be easily 85% to 95% or more raw ungraded. I can control my prices better with ungraded product- that way I can pass the discount back to my customers.
Steve_NY
Booth 800
8 booths in the main entrance
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07-02-2024, 11:24 AM
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