[Archive]

Posted By: Ted Zanidakis

At this posting there nearly 90 posts on this thread.......and the only rational post, in
my opinion, is Corey Shanus' post (9/17 10:21). A PSA8 or PSA 9 T206 Minor League
common such as the Lattimore example selling for mid to upper $K's is so mind-boggling
to me that I just chuckle. I am the first to champion our capitalist system; and, if you
are fortunate to have big $$'s and you want to "invest" it in neat little Tobacco cards,
then more power to you. I think it's foolish, but I also believe in....."live and let live".

My 1st T206 set (521 cards..with MAGIE) cost me less than any single Hi-Grade T206,
non-HOFer, is currently going for on ebay....this is really crazy !

A total of 90K was cited for purchases in these Hi-Grade cards, if I had $$$$'s like that
I certainly wouldn't have invested in little pieces of cardboard; but, in real estate or
diversified in the Stock Market. And, indeed I have done that and it has paid off over
the years; which as a consequence has yielded discretionary $$$$ for acquiring all
the cards I needed to complete all my numerous vintage sets.

At the risk of getting the "Jay B" treatment from respondents here.....I will caution....
it is very risky business business in "investing" $$$$ in any collectible that far exceeds
its intrinsic value. And, the fact that it is in plastic with some # assigned to it, then
raises the level of it's value is really scary....very scary.

Sorry....this is so long-winded....T-Rex TED