$50k is about what it'll take.
I've been contemplating the same thing.
Give the T206 podcasts a listen, Jay talks about his spreadsheet. He's updated pricing since the podcast.
I think if you spend $100 a week for ten years, that may get you to a finish line. Setting aside $100 a week (which seems a lot to me) a collector could occasionally buy a few commons. Allow some money to constantly accumulate so that you can get some of the more costly cards.
If you save and save and a year or so in you buy your first card, a Green Cobb, then I think you won't finish the set. I think a fellow has to gradually make a bit of progress. But you've also gotta be setting aside money so you can tackle the costly cards: 4x Cobbs, 2x Johnsons, 3x Young, Speaker, 3x Mathewson, 3x Lajoie, the ST Louis versions of Demmitt and O'Hara.
That's a ten year plan. Everyone will say card cost will increase as time goes by, and I agree. $200 a week for 5 years would be harder on wallet, but the cost of the cards 5 years from now would be less than 10 years from now.
It depends also on the condition of cards that you'll accept. If you set your sights on lesser, borderline acceptable cards by your standards, then one day you may find yourself buying some cards twice. First for a raggedy one, and later on a card that looks better and costs more. Twice bought cards are financially painful.
|