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I don't usually say people spending big on high grade cards are dumb. In some situations I'm not sure it's a good investment. Of course, I've had that same opinion of those cards, in some cases since they were new. (86 Fleer Jordan :( ) So you're probably right about some of my investment ideas. On the original topic of money in the hobby. It's one of those love/hate things. I've collected long enough that the prices between when I started and now are worlds apart. T206 Wagners were under 20K for sure, 52 Mantles were under 1000 even for a nice one. Would I like to return to that? Yes and no. Now that I've got "some money", at least the Mantle would be within reach, probably not the Wagner. (I could buy one at say 10K, but me and the card would be kicked out of the house shortly after ) And I'd love to get common T206s for $2 each with no regard for backs and not much for condition. But then, back then I hung out at a dealers a LOT. Sort of worked for them, and got to see a lot of collections come in. And saw a lot of those go back out because what the cards were worth to a dealer wasn't enough to overcome the "these were granddads cards". Yes, money has shut me out of some of the hobby, my own cheapness from a bit more. But if it wasn't for the money, a lot of that stuff would still be in attics and drawers, or would have been thrown out. Would the Black Swamp find have been sold into the hobby if the cards were worth a dollar each? Maybe maybe not. And yes, wherever there's money there are crooks. But overall, I think the hobby has benefitted from the money. Steve B |
"Bamboozling the wife" appears to be a theme that runs through many threads. My wife and I have avoided money issues over 30+ years by never combining our finances. Thus, she never complains about my purchases, nor I about hers (I once came home to find a new Cadillac SUV in the driveway.).
I realize this system would not work for all couples and, in particular, those where the wife works at home at child-rearing. Nevertheless, I mention it for the benefit of those collectors who may find it worthy of consideration. |
Interesting article about what happened to the Elvis Presley collectable market as the original Elvis fans start dying of old age. Will BB Cards see a similar depression in 20-30 years when people, like me, from the 70/80s boom start dying off?
https://www.theguardian.com/music/sh...eting-in-price |
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probably be more evident in 40-50 years when most of us will be gone. |
Elvis fans are aging out clearly. I'd also argue that Elvis hasn't held up particularly well over the decades. What he did doesn't seem quite so spectacular anymore. Ditto people like Bing Crosby. Sure it will be a good long while before people stop collecting Beatles stuff.
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good write up as well. I like the point you made about the 'spread' being better because of PSA/SGC which is a great point. The auctions houses also create the very important function by delivering mr. regular guys high end collectibles to the eyes of the right people. The right auction houses (which account for some of that spread) really are the equalizer for a regular guy selling his card to get similar results as the pro guy trying to get max money.. |
I love flipping through some of the auction results. Some serious action in these right here.
A beater of this Johnny Unitas can be had for under $10. http://memorylaneinc.com/site/bids/b...e?itemid=43358 Someone was an idiot when they paid 20k a few years ago for an Ozzie Smith PSA 10. http://memorylaneinc.com/site/bids/b...e?itemid=42978 36k was a nose bleed price. Not sure what you call 54k. http://memorylaneinc.com/site/bids/b...e?itemid=42980 You could own 100 PSA 7's or just 1 PSA 9. No clue what these generally sell for but $204k sounds like a very solid price. http://memorylaneinc.com/site/bids/b...e?itemid=42871 |
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I am not entirely certain what you are getting at. The SMR was updated on all four of these examples listed based on these recent results. PSA is very conservative when it comes to pricing of low pop cards. All four have guide values that are no where close to these recent sales. If your point is that you can throw out this result I would disagree as it is a Pop 4 and the only sale in the liner notes is from 2003 and it went for $4,025 back then. |
I see the point is that guide values are usually pretty slow in reacting to the market (edit: in the high-end market in particular).
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A beater 1974 topps Dave Winfield rookie is a dollar etc. A beater Beater 1914 Cracker Jack Cobb still has real value.. |
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However, the people no longer collecting cards (because they died) was almost non-existent. That is still the case as the number of people born in the 1920's or 30s who collected BB cards as adults was almost nil. However 20 years from now, people born in the 50s and 60s, will start to die off. A much greater number of those people collected cards, so more cards, from their estates will enter the market. There will be less people buying, unless people born in the 90s and 00s take their place in equal numbers. This will result in a deflated market. |
money
I still think its dumb to spend big money on baseball cards
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Heck, in 10 years at least 10 people that posted today somewhere on net54 will announce to the world that they are getting out of the hobby only to not do that.. |
I did a Google search on that Joe Jackson and I see it sold for 65k in 2015 via Heritage.
What is the estimate on value today? |
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I get the feeling this guy disagrees with you. https://www.psacard.com/psasetregist...shedset/114624 |
A beautiful Joe Jackson.
And, Elvis deserved all the adulation he got, easily. |
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Elvis' body of work hasn't stood up well over time. I will stick by it. He was revolutionary for his day but his music hasn't stayed prominent.
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been playing Vegas to the retirees not the Coachella Fest like some of the bands that still matter do. Note: He'd be 82 so probably not playing anywhere |
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Some of my favorite cards I own are only $200-300 cards, but I like them more than cards that are worth more but could be replaced any day of the week simply by going to eBay. With $5,000 or $25,000 or even $100,000 to put into one card, I would rather have an absolute rarity than a condition rarity. That's not a criticism of your choice in collecting, but just an observation that many collectors have a different methodology for how they collect. |
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I don't see how anyone can state objectively that his music has not stood up over time. His music is timeless, and I'm not even the biggest Elvis fan (though I have been to Graceland). |
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In my opinion Elvis, the Beatles, James Brown and Motown will always have a place in music history long after folks stop googling "What da funk":eek: |
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Well then.
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I think people will recognize the name Elvis for many decades to come, but relatively few of them will enjoy listening to his music, so he's transcended his talents and entered the ranks of famous for being famous.
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PS the fact that I was unaware of this channel supports my argument that the Beatles don't resonate today as well as Elvis does. :) |
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Just my two cents but I would rather listen to Elvis than the Beatles as I think most if not all of their music has not age well at all either.
And I definitely would not want to watch any of Elvis or the Beatles movies. Again just my two cents on the topic. |
Everyone's entitled to their opinions. Elvis was a revolutionary musical performer, an actor, and a larger than life persona. As to the movies, they are not watched today really by anyone. The persona part had its day, but I wouldn't want to be looking for work as an Elvis impersonator these days. As to the music, so what that satellite radio has a station. They have a Jimmy Buffett channel too and I'd hardly argue that he's a revolutionary anything. Elvis sold a ton or records in his day and I am sure his estate sells relatively few these days. Graceland? Nowhere close to the tourist pull it was. (Don't believe the hype from Elvis Presley Enterprises, Inc.) Cool place I've been there twice. Planes are gone. Man has his place in rock and roll history.
Last time I was at Sun Studios all my tour guide wanted to talk about was Johnny Cash. |
I am not sure that I understand what is being argued here regarding Elvis/The Beatles etc. Of course much of their music would not hold up for today's generation. Music tastes change. Attitudes change. Most importantly, what Elvis and The Beatles did has been either mimicked or at least partially copied so much over the past 50+ years that it has watered down the original.
Like anything else they need to be viewed in the context of their time. Citizen Kane was a landmark film in 1939 for many many reasons. Those reasons soon became standard film making practice. 75 years later my kids watch it and only see the story and it being "just another film". Without the historical context this is what happens. Just because the music of Elvis or The Beatles may not "hold up" to today's generation doesn't make them any less important. In some ways, the influence of Elvis and The Beatles permiating every corner of the music industry has led to their own music not "holding up". It has been copied and mimicked so often that it has watered down the content of the original. Until you put them in their true historical context. Like a Citizen Kane. Tom C |
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And I am not sure where you see Elvis memorabilia values falling off a cliff. Admittedly I don't follow Elvis memorabilia. Our paths cross only with regard to autographs and movie posters. And these have not dropped measurably in price. As to the resonance of Elvis' music, there are parts of the country where it remains very popular. In those same areas the music of The Beatles likely seems to not resonate anymore. Just a matter of perspective. From my perspective, in the collecting areas where I see Elvis items, I do not see what you seem to see. Tom C |
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Greta Garbo and Rudolf Valentino memorabilia is still popularly collected, but their values have fallen as their stars have faded over the years.
However, if Mozart was still around he would be making a wealthy annual income from how much his music is played and recorded. I never understood the singular popularity of Elvis, which is not to say I'm saying he wasn't charismatic and without talent. But, as far as Mozart goes, even his elder Haydn said he was a singular once-in-a-hundred years genius. |
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As of four years ago, Elvis was the second-highest earning dead celebrity at $60 million a year, behind only Michael Jackson at $200 million. I can't imagine that has changed too dramatically since then.
http://www.celebritynetworth.com/art...d-celebrities/ |
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