I only started collecting seriously in 77, so I sort of bridge the eras. I collected as a kid starting in 69, and realy got into it in 74.
Before about 1977 as adealer then explained it someone would typically only collect for maybe 3-5 years. Then the shoebox got set aside. When it came time to move out the kid stuff was either handed down or tossed. Except sometimes someone would save a card or two - Usually their favorite playes- which often meant the big stars.
So by the late 70's the rookie cards of many stars were actually in demand, but less supply than established stars.
Who would you save as your one card from 54 topps in say 1955 - Ted Williams or some kid playing for Milwaukee who hit 13 homers?
The hobby had some big growth from 77 to about 1982-3 full time stores became a lot more comon, and a lot of people either bacame collectores or continued after they'd normally have quit. Prices went up too.
Part of the whole rookie card thing was Joe Charboneau. An expensive card in it's day, only to become a common a couple years later after he didn't live up to the hype. That didn't stop the hoarding and promotion of other flash in the pan guys. The smart guys bought vending cases and sold the rookies at a buck each.
Then minor league cards started to catch on, as well as some local issues. And "rookie card" got redfined as being from a major set. Mostly because there weren't enough of the minor leage and local cards for the bigger dealer to profit from.
Steve B
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