OT:Auction sales hit record $15 billion as young, wealthy collectors enter the market - Net54baseball.com Forums
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  #1  
Old 12-21-2021, 07:26 PM
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Can’t argue with that, Pete. It all stems from what prices we’ve seen in the past. Those just entering the hobby now don’t have the sting of knowing what was LOL.
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Old 12-21-2021, 07:35 PM
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Quote:
Originally Posted by MattyC View Post
Can’t argue with that, Pete. It all stems from what prices we’ve seen in the past. Those just entering the hobby now don’t have the sting of knowing what was LOL.
Right but the flipside is you (me too) were able to get a lot of cards back then for what now seems a relative pittance.
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Old 12-21-2021, 08:58 PM
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I only buy cards that I like. I absolutely love my collection, and look through it for fun on the regular. But, if I spend thousands on a card, I'd prefer that it retain its value. I would personally rather not dump a ton of money into something that's going to go to zero. I don't think that means I can't call myself a collector.

Last edited by here2havefun; 12-21-2021 at 09:10 PM.
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  #4  
Old 12-21-2021, 11:11 PM
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My only financial goal with my card investments is to beat the ROI of the professional money manager my wife and I hired.
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Last edited by Exhibitman; 12-21-2021 at 11:13 PM.
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  #5  
Old 12-22-2021, 11:38 AM
japhi japhi is offline
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It makes me laugh hearing about all these corps and other businesses posting record breaking sales and profits. Something like 40% of all money wasn't in circulation two years ago. All markets are swole and and at peak, what comes next is where it gets interesting!
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Old 12-22-2021, 11:58 AM
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Never understood why people are concerned with the motivations of other buyers. I watch this NFT stuff with a mixture of bemused confusion and laughter, but it's not my money they are blowing investing.

I sold one card this year at a huge profit, and it probably paid for the 10-12 nice photos I bought over the years that cover my office walls. Nothing wrong with that.

Last edited by Snapolit1; 12-22-2021 at 12:00 PM.
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Old 12-22-2021, 01:14 PM
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Sadly when people get burned, they wont return to the hobby. Much like in the late 80s. Whether it's deserving or not is debatable
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