Quote:
Originally Posted by Trueblue
I've sold pretty much all low-mid end, but I've kept most high-end serial #s and autos. Holding became a lot easier after covering the cost basis for my collection.
I think right now is an appropriate time to sell low to medium end cards. The allstar/HRD press has come to a close and there may be some fatigue in the market during the summer dog days. There is really no such thing as linear growth and I feel we are near a plateau or even some regression for many cards. I would be more confident if the halos were a winning team, but it's looking pretty tough with that pen and rotation. At what point will people start feeling the familiar Mike Trout MVP indifference?
Overall, I think if you're buying anything other than high-end/rare right now, you're taking a risk. I've started to take at least 50% of all sales and put it into TC 150 parallels (orange and better) and Bowman autos (base and color). I have never heard of anyone regretting consolidating upward for elite players.
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Thanks for your thoughts. I've been doing much of the same with my low/medium end, which in my world are the $10-$150 cards. I've sold probably half of that stuff in my collection and put some of it into a 2018 Bowman Chrome Refractor /499, and some Soto and Luis Garcia (Nationals) stuff I've been wanting to get.
You're right, nothing is linear and Ohtani's rise from Spring Training to the current level has not been linear either. I mostly held through those early pops and regressions as I believe in the man and those prices still seemed cheap to me at those past peaks. These last few runs I've started parting with some stuff to pay for what I have left, and like you I've basically been able to do that.
Agreed on the high end as well, if we sell that stuff we may never be able to get it back. I haven't considered touching any of my "high end" items which in my world are $200 - $1,500 or so cards, mostly parallels I believe have long term appeal and demand with a more limited supply.
That said I can see $200 base Topps Chrome 150s at some point in the not too distant future, and so hold a good portion of that kind of stuff still with the hope of cashing in bigger later.
Very risky I know, and against conventional wisdom for sure. I just believe that much in the story of Shohei.
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