Waste.

[rjackson44]

Old saying there's a sucker born everyday

[vintagerookies51]

Very surprised by some of these responses. You guys act like the guy who bought it is some average joe who spent his life savings on it, which is obviously not the case. Clearly some millionaire who has all kinds of cash to throw around. I also thought people had more understanding for modern card collectors. I've always been a vintage guy, but I'm sure some of the modern collectors wonder why in the world we buy cards of guys that we'll never see play or have the oppotunity to idolize. I do agree on how ridiculous it is that this card goes for 6 times what an entire game used jersey goes for... I'd take the jersey over this card any day of the week

[Scocs]

And as someone already said, it's not like LeBron hasn't signed hundreds of thousands of items before. What is the difference between this "manufactured" card "product" and something signed by James during his rookie year?

I guess $300,000 is the answer.

That's just stupid -- and doesn't matter how much money you have....

[Mdmtx]

Originally Posted by Scocs

And as someone already said, it's not like LeBron hasn't signed hundreds of thousands of items before. What is the difference between this "manufactured" card "product" and something signed by James during his rookie year?

I guess $300,000 is the answer.

That's just stupid -- and doesn't matter how much money you have....

Because it is clearly sane to buy cards with minor deviations. Different factory number. Missing bits of ink. 'Cause those are old. This whole hobby makes a clear case for beauty being in the eye of the beholder.

[iwantitiwinit]

Originally Posted by Mdmtx

Because it is clearly sane to buy cards with minor deviations. Different factory number. Missing bits of ink. 'Cause those are old. This whole hobby makes a clear case for beauty being in the eye of the beholder.

There is one difference here LeBron could produce more of the same type of product if he chooses. This is beyond insane. Having stupid money is one thing but u tell me how much you'd have to have to spend 300k on this. 1 billion wouldn't be enough. This is nuts but that's just my opinion.

[Mdmtx]

Originally Posted by iwantitiwinit

There is one difference here LeBron could produce more of the same type of product if he chooses. This is beyond insane. Having stupid money is one thing but u tell me how much you'd have to have to spend 300k on this. 1 billion wouldn't be enough. This is nuts but that's just my opinion.

Just an FYI. If you placed 1 billion in the bank and could only get 4% compounded ANNUALLY you would earn $109,589.04 in interest daily. Let that sink in. Daily. Plus whatever the person did to create the billion to begin with. To assume a billionaire wouldn't/couldn't make this kind of purchase is short sighted. Looks to me like he/she could buy 2 a week and never touch their principal, including shipping.

[Scocs]

Originally Posted by Mdmtx

Just an FYI. If you placed 1 billion in the bank and could only get 4% compounded ANNUALLY you would earn $109,589.04 in interest daily. Let that sink in. Daily. Plus whatever the person did to create the billion to begin with. To assume a billionaire wouldn't/couldn't make this kind of purchase is short sighted. Looks to me like he/she could buy 2 a week and never touch their principal, including shipping.

You're missing the point. No one said the person couldn't buy it (or ten of them). It's that the person SHOULDN'T.

The billionaire could afford a gold toilet too -- that's just called hedonism and gaudy decadence...

[iwantitiwinit]

Originally Posted by Mdmtx

Just an FYI. If you placed 1 billion in the bank and could only get 4% compounded ANNUALLY you would earn $109,589.04 in interest daily. Let that sink in. Daily. Plus whatever the person did to create the billion to begin with. To assume a billionaire wouldn't/couldn't make this kind of purchase is short sighted. Looks to me like he/she could buy 2 a week and never touch their principal, including shipping.

Didn't say he wouldn't or couldn't. I said in my opinion it was insane. I am also aware of how compounding works and the amount that would be generated daily from a 1 billion dollar corpus at prevailing rates/yields.

[PolarBear]

Originally Posted by scocs

that's just stupid -- and doesn't matter how much money you have....

qft

[Paul S]

Originally Posted by Scocs

And as someone already said, it's not like LeBron hasn't signed hundreds of thousands of items before. What is the difference between this "manufactured" card "product" and something signed by James during his rookie year?
I guess $300,000 is the answer.

That's just stupid -- and doesn't matter how much money you have....

It has the miniscule game-worn NBA patch (Hi Jerry West!)

[Klrdds]

As a baseball card collector with a collection going from present day back to Old Judge and a baseball autograph collection with examples to the 1870s and other memorabilia, I have yet to grasp the allure of manufactured memorabilia and inserts and the understanding of why they sell for so much more at times than other available and appealing pieces of memorabilia .
But I figure like all collections it is a matter of taste and wants. I always wonder however will they ever recoup their money if they try sell it .

[ValKehl]

Originally Posted by rjackson44

Old saying there's a sucker born everyday

Octavio, you are slightly off - the old saying actually is: https://en.wikipedia.org/wiki/There%...n_every_minute
But in this day and age, I think the saying should be, "There's a sucker born every second."
Val

[Eric72]

I say, "buy what you like, like what you buy, and leave the rest for everyone else."

If I had $300,000+ to spend on this hobby, it wouldn't be used to purchase a modern card of LeBron James. However, my acquisitions, whatever they might be, would likely be viewed upon as wasteful spending by a great many people.