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#1
02-07-2013, 09:01 AM
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no criticism here...cards like this are tough to gauge where they will sell...as evidenced by the contest! the guy who purchased it seems like a nice guy who is trying to do the right thing to help his family...I think that's great!!!! I just find it interesting that a relative non-collector would invest a large sum of money on a relatively obscure rarity...for investment purposes! That's all!!!!
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#2
02-07-2013, 09:05 AM
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Quote:
__________________
Looking for Nebraska Indians memorabilia, photos and postcards
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#3
02-07-2013, 09:07 AM
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No criticism, but $92K for a nearly unique card is a chunk of change. Things go up, things go down. Who knows if this will go up to provide that medical coverage. Don't know.....risky proposition to bank things on in my book..........
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#4
02-07-2013, 09:08 AM
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I don't know what type of financial resources the buyer has BUT, if I had a sick child that needed a lot of hospitalizations I don't think I would be dropping over $90,000 dollars on a nearly one of a kind card in HOPES that it triples in value. No, I would take that $90,000 and put it in a mutual fund (or a Certificate of Deposit) and just sit back and watch it.
Those might not be sexy purchases or "investments" but they ARE liquid and somewhat safe. Need cash quick for a medical emergency? Sell the mutual fund or cash out the CD. Can't really do that with the card..... Since this guy is a financial adviser, I wonder what his advice would be to a client who came in and proposed to do what he just did? David
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#5
02-07-2013, 09:11 AM
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Quote:
__________________
Leon Luckey www.luckeycards.com
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#6
02-07-2013, 09:32 AM
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Hey Peter, in my other life as a postcard collector I recently ran across this little gem in my collection. Send me your address in PM and I'll get it in the mail to you.
It is circa 1910 from Germany
__________________
Looking for Nebraska Indians memorabilia, photos and postcards
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