03-29-2023, 06:45 PM
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Nicol0 Pin.oli
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Join Date: May 2022
Posts: 3,037
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Quote:
Originally Posted by Exhibitman
Nicolo, I agree with your comments on the math, but I am not sure whether it makes better sense in the context of a card investment. The math is not the end of the game. Heck, I wish you were right, because I have lots of lesser cards but none of the super-duper ones; I wish my collection had grown in value like the marquee cards have. It hasn't. There is also the mechanics of realizing my gains. I can sell a $100K card in one auction and I probably can negotiate back a piece of the BP too. That is not realistic if I have 100 $1,000 cards to sell. If I have multiples of the same card, even if they went up a lot, it is even worse. I can't just throw them all into a single REA auction; I'd get killed. I have to sell them over time in different venues.
I don't think there is one good answer to the question. Liquidity is an element that definitely comes into play. I've never been one for having a 25 or 50 card collection, but in considering how to unwind a collection of thousands of items, dumping 80% for one or two items sure does sound appealing conceptually. If I wasn't planning on doing a multiyear-controlled liquidation once I retire, I might consider it.
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Fair enough!
And those are certainly important elements for us to all ponder in our collecting adventures. I'm guessing for a lot of us, we stick to the "more is more" maxim. Because more really is more!
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Trying to wrap up my master mays set, with just a few left:
1968 American Oil left side
1971 Bazooka numbered complete panel
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