What is the most important lesson you've learned through collecting?

Jim65 · #1 12-21-2018, 01:21 PM

That when you have a chance to buy a rare piece, buy it. You may have a long wait to find another.

barrysloate · #2 12-21-2018, 01:35 PM

Acquire as much knowledge as you can before sinking a lot of money into collectables. Knowledge is power.

And I agree wholeheartedly with Tim at post #3.

Bigdaddy · #3 12-21-2018, 01:55 PM

Patience and decisiveness.

Patience for those things that are common and decisiveness for those things that are not.

Along with #3 above, first and foremost.

ullmandds · #4 12-21-2018, 02:00 PM

Don't try to compete with other peoples collections...there is always someone else out there with a better collection...atleast in my world!

Jdoggs · #5 12-24-2018, 02:00 PM

Quote:

Originally Posted by ullmandds

Don't try to compete with other peoples collections...there is always someone else out there with a better collection...atleast in my world!

+1
Yes someone always has a better card collection.
Unless you are ken Kendrick he has the best collection.

Mark · #6 12-24-2018, 02:18 PM

Don't touch the corners.

Leon · #7 12-24-2018, 03:55 PM

Saying Mr. Kendrick has the best collection is a bit naive, imo. He has some great looking high grade cards for sure. But there are other collections which are far more valuable and with a much greater breadth....

and something learned would probably be ...to be patient.

Quote:

Originally Posted by Jdoggs

+1
Yes someone always has a better card collection.
Unless you are ken Kendrick he has the best collection.

ksfarmboy · #8 12-24-2018, 05:23 PM

Take a break from the chase to enjoy what you have and share your collection with others. Don�t beat yourself up over the losses something else will come along.

ls7plus · #9 12-25-2018, 09:15 PM

Quote:

Originally Posted by Leon

Saying Mr. Kendrick has the best collection is a bit naive, imo. He has some great looking high grade cards for sure. But there are other collections which are far more valuable and with a much greater breadth....

and something learned would probably be ...to be patient.

+1. Who has the best collection will almost always depend on one's perspective.

Sincerely,

Larry

oldjudge · #10 12-25-2018, 10:45 PM

Quote:

Originally Posted by Leon

Saying Mr. Kendrick has the best collection is a bit naive, imo. He has some great looking high grade cards for sure. But there are other collections which are far more valuable and with a much greater breadth....

and something learned would probably be ...to be patient.

Leon is exactly right. Kendrick probably has the finest, or close to finest, copy of every card he has. Unfortunately, he does not have a lot of diversity in his collection. There are at least two board members who have both better, and more valuable, collections (not me, lol).

Throttlesteer · #11 12-21-2018, 02:00 PM

Buy what you like, not what's hot at the moment. Dont get caught in bidding wars for readily available stuff.

Mdmtx · #12 12-21-2018, 02:33 PM

Taught me how to multiply by 36.

ls7plus · #13 12-21-2018, 04:13 PM

Quote:

Originally Posted by Jim65

That when you have a chance to buy a rare piece, buy it. You may have a long wait to find another.

+1. In addition, stay away from current players who appear to be on a HOF track until they are at least in their mid-thirties. By that time, their legacy or lack of same will be well-established, and the early speculative and transient demand which forms a large part of their usually inflated prices will have largely departed. After all, the market for current and/or recent players is certainly not divorced from vintage--today's heroes and those of recent yesteryear are destined to become yesterday's stars also, and they and their cards will have to compete with vintage stars and HOF'er based on their true merit and ratio of supply to demand.

In addition, Barry is absolutely right--knowledge is power. The more you know in this context, the better your purchases will be if you have any interest at all in value appreciation over the long term.

Best of luck in your collecting,

Larry

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