Card prices skyrocketing

[Kutcher55]

Never a bad thing to take a profit and it's tough to time the market. I bought an '81 Topps Larry Bird PSA 9 in July of 2019 for $60. A year later I saw it was trading for over $500 and my eyes damn near popped out of my head, so I sold it this past summer and made a huge ROI.

I took a peak and the card is now selling for something like 6x what I sold it for. Ouch, but like I said, hard to time the market.

[Seven]

Originally Posted by Kutcher55

Never a bad thing to take a profit and it's tough to time the market. I bought an '81 Topps Larry Bird PSA 9 in July of 2019 for $60. A year later I saw it was trading for over $500 and my eyes damn near popped out of my head, so I sold it this past summer and made a huge ROI.

I took a peak and the card is now selling for something like 6x what I sold it for. Ouch, but like I said, hard to time the market.

Profit is a profit though. It's tough to play the what if game.

[WA_HOF_rookie]

My first purchases last March were Topps/Donruss/Fleer Mattingly rookies - all PSA 10. My next purchases were Gehrig/Dimaggio/WaJo and Speaker.

After seeing some of the prices the last month I can go ahead and admit to myself that I'm not an investor and these aren't investments. They're for me to put in a case on my wall and enjoy.

My wife put it nicely. She said, "It's nice to know you can sell them if we need the money, but right now we don't, so enjoy them."

...wonder if that's because she thinks they were all $200.