Looking at graded slabs and anywhere from psa 6-8 is pretty affordable for most of what I'm looking for. I think quantity over top quality will work for me. I'd love a Jordan and Gretzky rookie of any grade, but that's not gonna happen. I don't think they're as warm in bed as my wife is and I'd be sleeping with them if i spent that much on a single frayed cardboard picture, but a guy can dream.
I think mid grade vintage 70s and 80s cards are where I'm at. The new card market might not be for me, but I'd still like to try and get a few packs here and there just for the fun of it.
Is it possible to get these kinds of cards ungraded and trust that they aren't altered or fake? I wouldn't trust ebay for that, but maybe there's some other way?
How are we doing in the price cycle for cards right now? Does the market stay pretty stable or are we at a high point or low for prices? If things take a downturn economically I'm guessing cards might get cheaper or do they maintain value pretty well historically?
So honestly, when I first got back into the hobby, that was my first mindset - buy 6-8's at 30% of the price of a 10...Worked for a bit, then I started wanting more valuable/collectable stuff. If all you want is to display cards you like the looks of, that's 100% the way. The average guy can't tell a modern 10 from a modern 8 very easily minus maybe centering. The differences are SO small. I do think if there's any element of monetary value (even if not via flipping cards, but for wanting a valuable collection over time), buying higher grades does make some sense. Grading basically created a rarity out of a commodity. Yes, there are 10,000,000 '89 UD Griffey Jr's...but there are only a fraction that are 10's...
For 1980's at least, If you're not buying 10's, you'll probably find 9's very affordable. As I noted above, the Junk Wax era flooded the market. Outside of 10's, the rest are very common. If you like the look of the slab, it usually makes sense just buy it already graded. I'm working on a Nolan Ryan Topps run. Once I started looking for the 1980's cards, it almost always made sense to just by an already-graded card. I could often get a 7 or an 8 for less than what it would cost me to grade it.
For 1970's/1980's it is really easy to get good cards ungraded. Just go to any card show and look through some of the star boxes guys have. I picked up Wade Boggs and Tony Gwynn rookies for under $30 at the last show. You may not get a 10, but there's some nice cards out there. Again though, note how little you pay for a non-10 grade. The one thing to look for is trimming - I have encountered some cards that were trimmed. I even found out that the Billy Ripken FF card I bought as a kid was trimmed. I never knew. I do think that's rare though on '70's - '80's stuff.
What I've read, and seen in practice though, is if a guy has a table (or eBay site) that sells almost all graded cards, but he's selling one ungraded, there's a reason. It either grades way lower than expected, or it won't grade because it's altered. Be careful there - but there are plenty of guys who sell raw and don't bother with grading.
I will say for higher dollar stuff, I won't buy ungraded anymore. I got burned once on a Clemente rookie that looked BEAUTIFUL...Thought it would grade a 5 or maybe a 6, but it got a 2.5. Lost a bunch on that one, but it's still one of the best looking Clementes I've ever seen until you get a REALLY bright light on it and notice a chip in the gloss coat. It's just highly unlikely a really good card is still floating out there raw unless it looks significantly better to the naked eye than it grades. Also - if you do ever buy a Jordan RC, That's probably the most faked card there is. If you find a raw MJ rookie, probably a 90% chance it's fake.
Last one - sorry so long...I think the price cycle is high right now. At least for the more modern stuff. The market spiked REALLY high during COVID. Card prices went nuts. Jordan RC's were $10K+ for mid-grades. They've come back a decent bit, but still way higher than they were in the mid 2010's. I think the older stuff is more stable, but still elevated from what it was a while ago...I'm not sure it'll ever go back to pre-COVID levels, but it might come down some. The
really rare stuff, IMO, won't ever go down. It's rare, and guys with $$$$ will pay for what they want. I fully expect 99% of modern stuff will be worth less in 3 years than it is today. No way I'd ever collect that for value. If you're buying modern for profit, your holding times need to be really short. I'd look to flip almost every 2024 QB rookie before the season starts except the ones I want for my PC.