Michael Jordan 86 Fleer RC: Is it time to buy, sell, or hold?

[Exhibitman]

You can't time this bubble any more than any other. If the card has appreciated dramatically and you are concerned with leaving the profit on the table, which it sounds like you are, pick a price, sell it and don't look back. if it goes up more, great, your buyer won't do a charge-back on you.

[iconsportscards]

Originally Posted by Exhibitman

You can't time this bubble any more than any other. If the card has appreciated dramatically and you are concerned with leaving the profit on the table, which it sounds like you are, pick a price, sell it and don't look back. if it goes up more, great, your buyer won't do a charge-back on you.

Thanks for the reply. The bubble factor is definitely something I'm a little concerned about. Generally I buy to sell, and try to have whatever I've purchased back up for sale within 3-12 months. In this case, I'm toying around with the idea of making more of a long term investment with Jordan's RC, something to put away for several years and use towards a college fund or something like that.

[Exhibitman]

Long term investment? That means you have to be as cold-blooded and objective as a Vulcan in analyzing things. There are thousands of the Fleer RCs out there. PSA pop is 4,540 cards with new ones added every day. Hundreds for sale at any time. Demand is crazy right now and that is driving prices up but will that hold long term relative to other potential investments? I would rather have multiple Star Jordan RCs than a Fleer right now. They have surged in value but the Star RCs still sell for a fraction of the Fleer card and have a much smaller population. If PSA ever decides to grade them, they will have a massive surge in value for that alone. Starting from zero today I think the Star cards have better potential for % increases than the Fleer card.

[Peter_Spaeth]

Originally Posted by Exhibitman

Long term investment? That means you have to be as cold-blooded and objective as a Vulcan in analyzing things. There are thousands of the Fleer RCs out there. PSA pop is 4,540 cards with new ones added every day. Hundreds for sale at any time. Demand is crazy right now and that is driving prices up but will that hold long term relative to other potential investments? I would rather have multiple Star Jordan RCs than a Fleer right now. They have surged in value but the Star RCs still sell for a fraction of the Fleer card and have a much smaller population. If PSA ever decides to grade them, they will have a massive surge in value for that alone. Starting from zero today I think the Star cards have better potential for % increases than the Fleer card.

On what do you base the statement that the 101 sells for a "fraction" of the Fleer now? Have you seen very recent sales of the 101? An 8 just sold in the 30s I believe. 37 in fact.
https://www.ebay.com/itm/Michael-Jor...oAAOSwi9RgBNyD

And a Fleer 8 just sold for 15.
https://www.ebay.com/itm/1986-fleer-...p2047675.l2557

I think you have to compare grade to grade and can't include the Jordan 10s in the analysis, but I guess if you do then it's true that no Star is selling for those crazy dollars, if indeed the Fleers actually are.

[Exhibitman]

I didn't say card #101. There are several Jordan Star cards that year and the others are a fraction of the price of #101. Again, if we are talking about the better potential rather than current most valuable I would rather have the cards that collectors haven't quite taken in yet. As the #101 is driven out of range for most collectors they will turn to the other cards and run them up as the next best things.

[Peter_Spaeth]

Originally Posted by Exhibitman

I didn't say card #101. There are several Jordan Star cards that year and the others are a fraction of the price of #101. Again, if we are talking about the better potential rather than current most valuable I would rather have the cards that collectors haven't quite taken in yet. As the #101 is driven out of range for most collectors they will turn to the other cards and run them up as the next best things.

Adam I guess to my mind only the base issue, the 101, is a RC. I think of the Court Kings and the 195 and 288 as rookie year cards but not RCs. So that's why I thought you were talking about the 101 only.

[Exhibitman]

No problemo. Just spitballing over what might have the biggest % increase over time. If I knew I'd dump my entire bankroll into it and wait.