Do I buy this 52 Topps 323 Church?

[Brianruns10]

Thanks for the advice everyone. I opted not to buy the card, because the seller's minimum was still above my maximum. Actually, thanks the PSA registration number, I found the identical card sold in an auction in May, so I knew exactly what this fellow had paid for it, and it was well below my offer. He would've made a nice profit, and IMO he got a bit greedy. Some haven't figured out that this is a buyer's market, and a lotta people are selling. Prices are down, and that's why certain cards by guys like 707 and Memory Lane just sit and sit and sit.

So I'm gonna take your advice and put that money into several nice PSA 6s instead...get a few high #s, or a star card.

Many thanks all!

BR

[ls7plus]

I think you made the right decision, BR, for a couple of reasons: (1) I'm not sure the set registry deal is here to stay, long-term, and if it turns out it does not, a whole bunch of the demand for that card or any card of a common player, in ultra high grade, simply vanishes, even in the context of a set like the '52 Topps. The value then follows suit and plummets; and (2) registry sets seem to be subject to a trend where they are assembled, pride is taken in the achievement, and then they are broken up and the cards offered individually for sale again. The latter situation is not good for long term appreciation either, as it is the AVAILABLE supply of a card that determines its value in conjunction with the demand for it, and NOT the total number in existence. In other words, if these sets are simply assembled and flipped, the available supply stays higher than if they disappear into private collections for many years.

Good choice, IMO

Larry