Pics added of first 2 PSA cards ... Which would be better investment?

[wdwfan]

I've got some money saved up (around $1k-$1,200) from selling modern stuff, and I'm looking to spend it on some vintage stuff. The amount I have should rise as I plan on selling more of my modern in the next few days/week to move toward vintage.

I prefer raw vintage, but I'm thinking about buying some graded cards just looking ahead at the future and the fact they'd be easier to move should I need to move them quickly or should I pass and the person left to move them would have an easier time.

So here's my question.

For investment purposes, would it be better to buy graded RCs of some of the HOFers (I'd be looking for mid-grade RCs so 5-7) or graded stars (Mantle, Mays, Aaron, Williams, etc). I've had some vintage here and there by putting sets together, but I've never focused on vintage from an investment standpoint.


Edit: Now have 2 PSA cards in my collection (bought 3 others earlier this week on Facebook that should be here tomorrow).

The new cornerstone of my entire PC. My most expensive card.



Also a nice RC of a non-HOFer, although this guy has a good case to be in there.

[quitcrab]

Not exciting but investing in some nice graded SP from the 1960s high number series are always a good investment in my mind.

[wdwfan]

I thought about that. But when I put my 1962 Topps set together, I was buying raw Ex to NM high numbers for $5-$7 apiece. So that doesn't seem like a solid investment unless there's something I'm missing, which is absolutely possible.

Originally Posted by quitcrab

Not exciting but investing in some nice graded SP from the 1960s high number series are always a good investment in my mind.

[bnorth]

Absolutely nothing right now. Prices are silly. Keep saving and when the prices come back to normal or even cheaper, then buy. There is no way all the new buyers are going to stay in the hobby when they can get out and actually do stuff.

[wdwfan]

Haha, been told that before. No really I have.

I was told around 1-1/2 to 2 years ago to hold off on buying gold that it couldn't withstand the prices it was getting. At the time it was $1k-$1,100 per ounce. Now it's almost $2k per ounce.

I'm hoping cards start to come back down a smidge, but I really don't see that happened. I think that's especially true for vintage and even moreso for HOFers and superstars (i.e. Mantle, Mays Aaron, Clemente, etc.).

Originally Posted by bnorth

Absolutely nothing right now. Prices are silly. Keep saving and when the prices come back to normal or even cheaper, then buy. There is no way all the new buyers are going to stay in the hobby when they can get out and actually do stuff.

[todeen]

Go with junk wax if you really want to invest. Today's Mantle is tomorrow's Griffey and Jeter. Their prices will continue to climb. I'm thinking of 1993 Topps Finest, too.

If our two local artists keep cutting up cards for their artwork, they are doing all of us a favor.

[bnorth]

Originally Posted by wdwfan

Haha, been told that before. No really I have.

I was told around 1-1/2 to 2 years ago to hold off on buying gold that it couldn't withstand the prices it was getting. At the time it was $1k-$1,100 per ounce. Now it's almost $2k per ounce.

I'm hoping cards start to come back down a smidge, but I really don't see that happened. I think that's especially true for vintage and even moreso for HOFers and superstars (i.e. Mantle, Mays Aaron, Clemente, etc.).

I hear you, I have said it before and been wrong. This run up is way different than the others. In my opinion it has been caused by all the new people in the hobby stuck at home. Once we can get back out most of that new cash will go back to what they spent it on before. I am sure the dealers will try their hardest to keep the prices high. After no sales they should go down though.

I have been watching the housing market and it has been like the card market, crazy. Can't wait for a good crash so I can buy that house/condo on the beach much cheaper.

[riggs336]

So many ways to go. For $1500 you can buy 30 mid-grade mid-tier HOFers from 1950's Bowman and Topps sets. Or you can buy one PSA 1.5 1949 Leaf Ruth.
There are countless choices.
One thing is sure however, it takes a concerted effort and a well thought-out plan to lose money on cards of Hall of Famers.

[Casey2296]

I'm currently investing in NM 7 centered 60's topps Hofers. I'm also starting to invest in early 70's tops at higher grades. Not sexy but still fun and probably the best ROI right now.

[Neal]

I've noticed that Hank Aaron cards have started to climb, especially 1954 thru 1956 ...