Quote:
Originally Posted by notfast
I feel like there’s a bunch of salty hot takes in this thread.
Why? Shouldn’t we all be happy the industry is booming and buzzing like this.
I am.
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Yeah a bunch of salty dogs on the board. Many years ago when this was a hobby, it was nice to be able to obtain a card without having to get a second mortgage or feel bad for hiding it from the wife (ok, so we used to do it then, also).
With the evolution of card grading for the hobby came an escalation of prices because of the flip/label number game. Sure, the population is low at the upper ends of the scale but those prices also impact pricing at the lower end of the scale and thus there is an impact on a lot of collectors.
I still think of collecting as a hobby rather than an investment. I would hate to think that my pleasure in having/owning a card is diminished because it dropped in value. At that point, I'd just quit collecting this stuff.
For the investors in this hobby, enjoy the ride. If it all comes crashing down and you don't care about the reduced value, then you'll probably figure out that you're truly a collector a heart.