Liquidity & Investing vs collecting

Sean · #1 06-09-2016, 10:00 AM

Quote:

Originally Posted by itslarry

Man everyone is talking about this, not always from the same vantage point tho. Id be kind of scared with all the shills and fakes. To eaxh their own tho
http://http://www.blowoutcards.com/f...a-10s-now.html

I can't get this link to work.

ezez420 · #2 06-09-2016, 10:47 AM

Lots of idiots. Especially the ones that admit they are trying to create and alter a market. And the ones that believe money buys intelligence.

Bpm0014 · #3 06-09-2016, 11:04 AM

Bat on Shoulder WOULD NOT grade again.... The red is probably ok.... The bat on can't tell....

mechanicalman · #4 06-09-2016, 12:22 PM

Quote:

Originally Posted by Bpm0014

Bat on Shoulder WOULD NOT grade again.... The red is probably ok.... The bat on can't tell....

Forgive me for the digression, but I have a hobby question for the experts: does the Red Cobb portrait generally have naturally thinner east and west borders than the others? I can't remember the last time I saw a "fat-bordered" version of the Red when compared to the Bat Off, for example.

Peter_Spaeth · #5 06-09-2016, 12:29 PM

Mine seems to have normal looking borders?

Bpm0014 · #6 06-09-2016, 01:12 PM

Brendan, the Wagner seems to have more of a curvature on the top of the card. The Cobb Bat On may have that same curve on the bottom of the card.

Look closely on the bottom of the Wagner....left side to about midway thru his name....fairly pronounced.

Luke · #7 06-09-2016, 01:26 PM

I never took a close look at the Wagner. That is a terrible hack job, geez. Can't really believe that Mastro did such a bad job and that PSA still slabbed it.

I've seen plenty of Cobbs with normal borders. Tiny borders and high grades almost always equals trimmed.

I want to clarify something I said earlier. I said that cards can be good investments, but I don't mean that all cards are. I wouldn't want to put my money into high grade Jordans or high grade 50's RCs right now. Cards like the Cobbs shown are incredibly risky because a lot of them are $800 cards in holders with a high # on the plastic case.

However, if I had $100k that I wanted to invest in cards (I don't) I am confident I could get a decent return over the next 5-10 years, and I bet a lot of other collectors on this forum would be as well.

rhettyeakley · #8 06-09-2016, 01:31 PM

This is one of the least "fun" threads I have ever read.

I am both a collector and a bit of an investor/dealer, as I find it fun to make a bit of money on the side and it allows me to buy more cool stuff without spending "family money" (ie, my day job salary).

To each his own I suppose but I find the thought of investing in high end slabs a bit too sterile and cold, no different than investing in gold or silver (there is nothing wrong with investing in those but not nearly as much fun).

I do find the OP's admission that he is willing and ready to manipulate the market for a card and openly admitting to that a bit troublesome & makes me feel a bit squeamish at the same time. What doesn't make as much sense to me about the premise he puts forth is that if he is aggressively bidding on and winning every copy of a card that comes up for sale and then corners the market he has to be sure someone out there is taking his place in the items he later sells as we have all seen the price of certain cards go down once all the larger collectors have filled their sets out and the bidding isn't quite as spirited. I suppose he could go straight sale (no auction) but I don't see too many 50-100k cards changing hands outside of the auction format, although I'm sure they do.

This thread is a great way to make a fun hobby feel just a little less fun.

All that said, to each his own!

Touch'EmAll · #9 06-09-2016, 11:09 AM

Great large scan of the Wagner. I just used a ruler with centimeter markings and millimeter fractions - and looks like the bottom width is tad wider than top width. But it is just my crude measurement, could very well be off, and I wear glasses - eyesight not the best. And who knows - the factory cuts back then weren't perfect, I assume. If you had to pick the worst corner, would be the upper right - if it were cut, one would want to address that particular corner - goes along with my measurement trial.

The original post spoke of liquidity - its a different world now with auction houses offering money up front, and eBay where you can realize $ in your bank acct. in 2 weeks of listing.

And not all cards are going up. PWCC ended a T205 Cobb PSA 6 that went over $1.k less than it did in 2006. I have been eyeing a PSA 5 Cobb M116 on eBay for $2750. - kinda thought it would be gone by now at that price, but not. Could be wrong, but most of us don't own majority of our collections with waterfront cards. Just be happy if you own a couple, enjoy the rest of your collection. Hopefully the waterfront card market rise will trickle down to what us common folk own.

4815162342 · #10 06-09-2016, 11:12 AM

Quote:

Originally Posted by 100backstroke

Great large scan of the Wagner. I just used a ruler with centimeter markings and millimeter fractions - and looks like the bottom width is tad wider than top width. But it is just my crude measurement, could very well be off, and I wear glasses - eyesight not the best. And who knows - the factory cuts back then weren't perfect, I assume. If you had to pick the worst corner, would be the upper right - if it were cut, one would want to address that particular corner - goes along with my measurement trial.

Do you seriously not recognize that Wagner?

boneheadandrube · #11 06-09-2016, 11:17 AM

All four of those cards look trimmed...I thought the "Flip Monkeys" knew not to buy high grade in the old style cases?

Beastmode · #12 06-09-2016, 12:21 PM

Quote:

Originally Posted by boneheadandrube

All four of those cards look trimmed...I thought the "Flip Monkeys" knew not to buy high grade in the old style cases?

"Flip Monkey"; now that's funny

Leon · #13 06-09-2016, 11:22 AM

I suggest you forget the measurement trial. The trial that mattered was Mastro's and he is in jail for trimming it, saying he didn't, and pleading guilty to it (from what I recall).

http://www.nydailynews.com/sports/i-...icle-1.1482098

Quote:

Originally Posted by 100backstroke

Great large scan of the Wagner. I just used a ruler with centimeter markings and millimeter fractions - and looks like the bottom width is tad wider than top width. But it is just my crude measurement, could very well be off, and I wear glasses - eyesight not the best. And who knows - the factory cuts back then weren't perfect, I assume. If you had to pick the worst corner, would be the upper right - if it were cut, one would want to address that particular corner - goes along with my measurement trial.

The original post spoke of liquidity - its a different world now with auction houses offering money up front, and eBay where you can realize $ in your bank acct. in 2 weeks of listing.

And not all cards are going up. PWCC ended a T205 Cobb PSA 6 that went over $1.k less than it did in 2006. I have been eyeing a PSA 5 Cobb M116 on eBay for $2750. - kinda thought it would be gone by now at that price, but not. Could be wrong, but most of us don't own majority of our collections with waterfront cards. Just be happy if you own a couple, enjoy the rest of your collection. Hopefully the waterfront card market rise will trickle down to what us common folk own.

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