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Old 01-28-2023, 12:17 PM
Belfast1933 Belfast1933 is offline
Jeff
Je.ff Gro.ss
 
Join Date: Jun 2019
Location: Newburyport MA
Posts: 1,418
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Quote:
Originally Posted by BobC View Post
Jeff,

No problem, but I was being very serious. and also serious about the things to be careful about if you do use real money. There are always stories of theft in the hobby, and if you are hauling around a lot of actual cash, you do need to be VERY CAREFUL as well.

But people seeing a lot of cash gets them excited. There is no replacement for greed and the desire of many people who think they can get their hands on some. And again, you'll be lucky to get a lot of legit items/collections you may be offered for sale as many people will try to get their hands on your cash, all the while thinking their stuff is worth way more than it actually is. So, in addition to being extremely patient and waiting for those actual good items/collections being offered, you also have to be an extremely good judge of a very diverse amount of stuff you'll likely be shown so as to be able to recognize the actual good items/collections you'll end up looking at, and you'll also have to be very dedicated to follow a strict regimen to properly assess and appraise those items/collections as accurately and conservatively as possible. If you honestly don't know the true value of many items/collections you're being shown, you may want to think twice about even starting to do something like this. Always remember the old adage, you actually make your money when you buy items, not when you sell them!
Good stuff, thx… though I don’t think that’s quite my style or comfort zone. (Though that money suit above is super sweet, no doubt!)
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Jeff "Belfast1933" - honoring my dad, Belfast Maine and Right Fielder for the mighty East Side Rinky Dinks
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