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#1
06-22-2010, 02:40 PM
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I sold my 1933 Delong Gehrig SGC 40 in 2008 for $1500. I bought the same card in April for $900. Conversely, I'm making a ton of money in the shiny card market right now.
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#2
06-22-2010, 07:32 PM
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Yes it is a buyers market for a lot of cards in my opinion.
Collecting vintage golf is my main interest, and prices overall have been as affordable as they have been in years. I have picked up a lot of both raw and material recently, and most of it at roughly half or slightly less than it would have cost me 6 months ago. Good time to be a buyer, not so great of a time to be a seller.
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#3
06-29-2010, 12:01 AM
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Example
I totally agree that pre-war is much cheaper than it was a few years ago. I recently "bought back" an E104 Nadja Hall of Famer for less than half of what I sold the same card for a few years ago. This was not just the same player and grade, it was the exact same card with the exact same serial number on the SGC holder.
Not sure if we've hit the bottom yet (my guess is no), but the pre-war cards sure seem cheap right now. Also, I think the bargains are with the lower to mid-grade cards more so than with the higher grade stuff. My guess is the deep pockets are not feeling the pain of the economy as much as the average Joe, so the high end stuff doesn't suffer as much from desperation selling nor from the lack of a strong buyer.
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#4
06-29-2010, 12:07 AM
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Colt, is that you? Not that we've ever met or anything, but I remember when you were a regular, with intersting contributions. Glad to see you back, and here's hoping you will be a regular again!!
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#5
06-29-2010, 12:11 AM
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Yes - it's me. I kind of got out of the game for a while, and sold off a lot of my stuff. I'm starting to dip my toes back in the water.
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#6
06-29-2010, 12:15 AM
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Good to hear. Shrewd timing on your part, no doubt the result of careful planning
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#7
06-29-2010, 12:27 AM
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In retrospect, I did sell at the right time. Sometimes even a blind squirrel finds a nut!
For what it's worth, this blind squirrel is recommending the following asset allocation: 33% Cash 33% Gold and Silver 33% Old Cardboard
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