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Old 06-08-2016, 01:32 PM
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Steven Finley
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Join Date: May 2009
Location: Nashville, Tn
Posts: 1,466
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Quote:
Originally Posted by kickitup View Post
I don't post often, but I feel compelled to share some thoughts. Most of you will likely disagree, and that's ok too. I hope eventually you get it.

If I asked any of you the value of a barrel of oil, most of you would log on to Bloomberg or CNBC and check the ticker. Why? because it shows live transactions where buyers and sellers agree on a price. There is security in knowing where assets such as oil, wheat, sugar or now sports cards trade repeatedly. As more trades happen, more people get more comfortable with price and liquidity and feel it is safe to make a 'bet'.

In the basketball world, Jordan rookie cards are the ultimate commodity. Baseball you have mantle rookies, football... Try on a Namath rookie for size. What do you feel safer putting your money in??? A Jordan rookie at 30k or a PSA 9 1934 Gehrig that never trades that will cost you 10x the price because that's what a private broker says it's worth?

Tell me why a Jordan PSA 10 shouldn't be worth 30k? There are roughly 250 of them... That's five per state in the union. Are you honestly going to try to make an argument that there aren't more than 250 people that are able and willing to own a Jordan rookie at 30k to say they have one? They should probably be worth 100k+ each!

Give me the liquidity, give me the commodities, give me the transparency. If you want to collect, fine... Go buy a PSA 6 gold border common. If you want to invest, give me a PSA 8 Koufax all day long and twice on Sunday. Complain about prices changing all you want, but when you are done, you will miss the move... Or perhaps you already have.

Peace
I don't understand the point you're attempting to make here. At all.
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Last edited by sbfinley; 06-08-2016 at 03:25 PM. Reason: I spelled "you're" as "your" because I am a dumbass.
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