Opinion on Hank Aaron Cards right now

Mantlefan · 03-30-2021, 05:12 PM

I have a 1956 topps Hank Aaron white back SGC 5 with an offer of $600. My question is if i sell will I regret selling? Will the value go up ? With the money I will just buy other vintage. I just don't want to look back a year from now and it be worth double. Just wanted to hear some opinions.

hauntedcomputer · 03-30-2021, 05:26 PM

I've never regretted selling anything if I made a reasonable profit. because it could easily go the other way.

Bottom line is keep it if it makes you happier than 600 would, or happier than whatever card you'd buy would be.

Mantlefan · 03-30-2021, 05:30 PM

Quote:

Originally Posted by hauntedcomputer

I've never regretted selling anything if I made a reasonable profit. because it could easily go the other way.

Bottom line is keep it if it makes you happier than 600 would, or happier than whatever card you'd buy would be.

Just curious if people think prices will continue to rise or are they high due to the pandemic and the fact he died

discodanman45 · 03-30-2021, 05:43 PM

Quote:

Originally Posted by Mantlefan

Just curious if people think prices will continue to rise or are they high due to the pandemic and the fact he died

Looking into my crystal ball... I say that either the price will drop by half, stay the same, or all cards will go up 10 x's.

Right now I am not buying because I think things are overvalued, but I am not selling right now as well. The reason I am not selling is I will have to pay taxes on the profit and if I want that card again in the future I will have to pay taxes to buy it again. I have a Fleer Kirby Puckett that I was offered $1600 for. However, I love the card and even if it goes down to $1000 I would break even if I bought it again in the future. So even though I expect it to go down, I am keeping it.

rats60 · 03-30-2021, 05:43 PM

I think prices have leveled off and are pulling back a bit. If you are selling to buy something that you want more, I would do it.

Mantlefan · 03-30-2021, 05:52 PM

Quote:

Originally Posted by rats60

I think prices have leveled off and are pulling back a bit. If you are selling to buy something that you want more, I would do it.

Appreciate. I don’t want to sell just to buy something that has an inflated right now lol

VanLingoMungo46 · 03-30-2021, 06:58 PM

A couple of weeks ago I sold my 56 Aaron SGC 7.5 old label for 3x what I paid for it in August of 2020. The card was absolutely beautiful but I have little regret. Before I packed it up I had my wife take a photo of myself holding the card and smiling. It helps take the sting of letting a beauty go. And look at the bright side. You can always say you owned it.

VanLingoMungo46 · 03-30-2021, 07:00 PM

I think prices have leveled since mid February. In some cases there has been a very moderate pullback. Depends on the card of course.

dio · 03-30-2021, 07:28 PM

Price went up, correction, then sooner or later will go up and beyond past peak.
So question is , what are you buying after you sold yours?

armpit69 · 03-30-2021, 07:54 PM

i sold a psa 6 55' topps aaron maybe 6 months ago...and was very happy with the sale...today the card would be worth triple!!!!! I replaced it with a lesser graded copy that makes me just as happy!!!

VanLingoMungo46 · 03-30-2021, 08:40 PM

There is no guarantee vintage cards will correct and then reach a new peak later on. Sports cards have bucked the trend of most collectibles, which have been in decline for years and are permanently past their peak. At some point we will reach peak value. Just a matter of when. Personally I don’t think we’re there yet but I don’t mind taking a profit. Unfortunately the cards that you covet most in your own collection tend to be the ones that other people covet and will pay a premium for.

oplum29 · 03-31-2021, 12:59 AM

Quote:

Originally Posted by Mantlefan

Just curious if people think prices will continue to rise or are they high due to the pandemic and the fact he died

they'll level out at some point, but remain kinda high from where they were pre-pandemic.

i remember i could purchase a fairly decent 56 Mantle for $300, now they are $800 minimum, so yeah.

Zoop · 03-31-2021, 01:35 AM

Quote:

Originally Posted by hauntedcomputer

I've never regretted selling anything if I made a reasonable profit. because it could easily go the other way.

Bottom line is keep it if it makes you happier than 600 would, or happier than whatever card you'd buy would be.

Best advice I have ever heard in this hobby.

omega145 · 03-31-2021, 06:32 AM

Quote:

Originally Posted by discodanman45

Looking into my crystal ball... I say that either the price will drop by half, stay the same, or all cards will go up 10 x's.

Exactly. Forum members and collectors in general seem to always know how prices will go but at the end of the day, no one really has any freaking clue. Buy what you like and sell when you feel the time is right. How do you know when the time is right? That's up to each person. For me, I'm happy usually making a multiple on my initial purchase and at times breaking even if I need the money to be moved such as for another "investment" or for a home improvement project.

rats60 · 03-31-2021, 08:56 AM

Quote:

Originally Posted by Mantlefan

Appreciate. I don’t want to sell just to buy something that has an inflated right now lol

Prices aren't inflated. This is the new base. You said you would spend the money on other vintage. As long as you are buying top names, Mantle, Clemente, Mays, Jackie Robinson or another Aaron you will be fine.

discodanman45 · 03-31-2021, 10:56 AM

Quote:

Originally Posted by rats60

Prices aren't inflated. This is the new base. You said you would spend the money on other vintage. As long as you are buying top names, Mantle, Clemente, Mays, Jackie Robinson or another Aaron you will be fine.

Bold claim and I would never give this as advice. Even the top names in vintage will lose value if we are in a inflated market. I would agree that it is the safest buy right now, but I wouldn't be shocked if things correct by 50% a few years from now or even sooner. My advice to anyone entering this market is to not expect any profit and to expect losses.

JrFinest · 03-31-2021, 01:34 PM

I think the normal trend will continue. Vintage have always been fairly steady. Some of these cards wont be returning to prior numbers. It all depends on the card and demand. Hank, Willie, Mick, etc have likely seen the new norm

Its the lower tier HOFers I'd be a little more safe with.

sickmantz · 03-31-2021, 02:19 PM

Quote:

Originally Posted by hauntedcomputer

I've never regretted selling anything if I made a reasonable profit. because it could easily go the other way.

Bottom line is keep it if it makes you happier than 600 would, or happier than whatever card you'd buy would be.

This makes sense with prospecting. How often does vintage decrease in value?

bkspoilers · 03-31-2021, 02:24 PM

I think all the guys selling inflated modern cards are buying vintage, hence driving up the price. I would sell all the Acuna, Soto and Tatis I have to buy a 56 Aaron. There just aren't as many Ex or better vintage (pre 60) compared to mint 201x's.

Sent from my SM-N950U using Tapatalk

nicepakryan · 03-31-2021, 02:58 PM

Quote:

Originally Posted by Mantlefan

Just curious if people think prices will continue to rise or are they high due to the pandemic and the fact he died

I think we need to see a picture of the card!! I also think the price increase from his death has passed and people have noticed how undervalued his cards were so that is also causing the price increase.

rats60 · 03-31-2021, 05:39 PM

Quote:

Originally Posted by discodanman45

Bold claim and I would never give this as advice. Even the top names in vintage will lose value if we are in a inflated market. I would agree that it is the safest buy right now, but I wouldn't be shocked if things correct by 50% a few years from now or even sooner. My advice to anyone entering this market is to not expect any profit and to expect losses.

This has never happened with 50s vintage superstars. I have done very well investing in vintage for 35 years. It is as safe a bet as there is.

Bruins1993 · 03-31-2021, 07:45 PM

Quote:

Originally Posted by rats60

Prices aren't inflated. This is the new base.

Maybe your new base, not mine.

discodanman45 · 03-31-2021, 08:17 PM

Quote:

Originally Posted by rats60

This has never happened with 50s vintage superstars. I have done very well investing in vintage for 35 years. It is as safe a bet as there is.

I agree it is safer than anything in the market right now, but Gary V and his cult followers have entered the vintage market in full force. We will see what happens, but cards being treated as investments doesn't sit well with me right now.

Bretsky · 04-01-2021, 12:19 PM

I think he will continue to rise at a less steep rate and more in line with the other big name HOFers like Mays and Robinson. He had a bigger bump due to his death.

03-30-2021, 05:12 PM	#1
Mantlefan Member Join Date: Mar 2017 Posts: 330	Opinion on Hank Aaron Cards right now I have a 1956 topps Hank Aaron white back SGC 5 with an offer of $600. My question is if i sell will I regret selling? Will the value go up ? With the money I will just buy other vintage. I just don't want to look back a year from now and it be worth double. Just wanted to hear some opinions.

03-30-2021, 05:26 PM	#2
hauntedcomputer Member Join Date: Jun 2020 Location: NC mountains Posts: 1,097 hauntedcomputer	I've never regretted selling anything if I made a reasonable profit. because it could easily go the other way. Bottom line is keep it if it makes you happier than 600 would, or happier than whatever card you'd buy would be. __________________ +++ The market is always right, even when it's dumb. More cards are overgraded than undergraded. Change my mind.

04-01-2021, 12:19 PM	#24
Bretsky Member Join Date: Jan 2013 Location: Illinois Posts: 2,533 illini60139	I think he will continue to rise at a less steep rate and more in line with the other big name HOFers like Mays and Robinson. He had a bigger bump due to his death. __________________ FLICKR ACCOUNT https://www.flickr.com/photos/21203319@N07/albums Fan of the Fighting Illini, Bears and White Sox!

03-30-2021, 05:43 PM	#5
rats60 Member Join Date: Oct 2013 Posts: 9,928	I think prices have leveled off and are pulling back a bit. If you are selling to buy something that you want more, I would do it.

03-30-2021, 06:58 PM	#7
VanLingoMungo46 Member Join Date: Aug 2019 Posts: 696	A couple of weeks ago I sold my 56 Aaron SGC 7.5 old label for 3x what I paid for it in August of 2020. The card was absolutely beautiful but I have little regret. Before I packed it up I had my wife take a photo of myself holding the card and smiling. It helps take the sting of letting a beauty go. And look at the bright side. You can always say you owned it.

03-30-2021, 07:00 PM	#8
VanLingoMungo46 Member Join Date: Aug 2019 Posts: 696	I think prices have leveled since mid February. In some cases there has been a very moderate pullback. Depends on the card of course.

03-30-2021, 07:28 PM	#9
dio Member Join Date: Sep 2016 Location: california, bay area Posts: 395 dioworld	Price went up, correction, then sooner or later will go up and beyond past peak. So question is , what are you buying after you sold yours?

03-30-2021, 07:54 PM	#10
armpit69 Member Join Date: May 2019 Posts: 61	i sold a psa 6 55' topps aaron maybe 6 months ago...and was very happy with the sale...today the card would be worth triple!!!!! I replaced it with a lesser graded copy that makes me just as happy!!!

03-30-2021, 08:40 PM	#11
VanLingoMungo46 Member Join Date: Aug 2019 Posts: 696	There is no guarantee vintage cards will correct and then reach a new peak later on. Sports cards have bucked the trend of most collectibles, which have been in decline for years and are permanently past their peak. At some point we will reach peak value. Just a matter of when. Personally I don’t think we’re there yet but I don’t mind taking a profit. Unfortunately the cards that you covet most in your own collection tend to be the ones that other people covet and will pay a premium for.

03-31-2021, 01:34 PM	#17
JrFinest Member Join Date: Sep 2016 Location: Ohio Posts: 3,117 jrfinest_cards	I think the normal trend will continue. Vintage have always been fairly steady. Some of these cards wont be returning to prior numbers. It all depends on the card and demand. Hank, Willie, Mick, etc have likely seen the new norm Its the lower tier HOFers I'd be a little more safe with.

03-31-2021, 02:24 PM	#19
bkspoilers Member Join Date: Jan 2012 Location: Bettendorf, IA Posts: 116	I think all the guys selling inflated modern cards are buying vintage, hence driving up the price. I would sell all the Acuna, Soto and Tatis I have to buy a 56 Aaron. There just aren't as many Ex or better vintage (pre 60) compared to mint 201x's. Sent from my SM-N950U using Tapatalk