NY Times covers the scandal

[jchcollins]

Kendrick thinks Brent is a great guy, shocker. I must admit I'm intrigued by the fact that it seems the more discretionary income you have to throw at cards, the less you really care about this issue. The collectors / investors with truly deep pockets like Ken could care less, why IS that? Seems to me they are just increasing their stereotype as rich fools who buy something only to be able to say they own it, then throw it in a safety deposit box or lend it to a museum and then forget about it.

[conor912]

Originally Posted by jchcollins

Kendrick thinks Brent is a great guy, shocker. I must admit I'm intrigued by the fact that it seems the more discretionary income you have to throw at cards, the less you really care about this issue. The collectors / investors with truly deep pockets like Ken could care less, why IS that? Seems to me they are just increasing their stereotype as rich fools who buy something only to be able to say they own it, then throw it in a safety deposit box or lend it to a museum and then forget about it.

There's caring about the money, then there's caring about the principal. He clearly isn't bothered by the latter, and the former is a rounding error on his balance sheet. In my experience, the more money you have, the more you can afford not to care about it.

[jhs5120]

Originally Posted by jchcollins

Kendrick thinks Brent is a great guy, shocker. I must admit I'm intrigued by the fact that it seems the more discretionary income you have to throw at cards, the less you really care about this issue. The collectors / investors with truly deep pockets like Ken could care less, why IS that? Seems to me they are just increasing their stereotype as rich fools who buy something only to be able to say they own it, then throw it in a safety deposit box or lend it to a museum and then forget about it.

To many people, cards are a commodity. There is little (if any) nostalgic or personal value assigned to them. Brent understands that, Kendrick understands that and many others understand that.

The article talks about “purists” who believe alteration is a cardinal sin. Others look at alterations as an investment - improving the quality of an asset.

The purists will never understand that rationale and the people who have no nostalgic attachment to baseball cards will never understand why it’s an issue.

[Baseball Bob]

I am surprised no one has mentioned the Dallas oilman Mr. Donald Spence and the impact this might have to his extraordinary collection, virtually all of which is PSA-graded.

[Peter_Spaeth]

I thought Don sold to Thomas Tull years ago.

[Dpeck100]

Originally Posted by Peter_Spaeth

I thought Don sold to Thomas Tull years ago.

He sold a bunch of it to him.

Still has a few sets left on the registry but nothing like he used to.