The new breed of collectors...

[BobbyStrawberry]

Originally Posted by Tabe

OK, let's put it another way - would any collector trade a high-value card they don't need for their collection for a low-value card they DO need?

I think, while surely statistically abnormal, it's possible, depending on the details and circumstances.

I wonder if another way to get at this might be: would one purchase a card with the caveat that they would never be able to sell it? Say, upon their death it would be donated to a museum. Would it be fair to describe such a collector as truly not caring about monetary value?

[SyrNy1960]

[Tabe]

Originally Posted by BobbyStrawberry

I wonder if another way to get at this might be: would one purchase a card with the caveat that they would never be able to sell it? Say, upon their death it would be donated to a museum. Would it be fair to describe such a collector as truly not caring about monetary value?

If you phrase it that way, there are probably many collectors who would fit that description. The mindset being, "well, heck, I'm not around anymore, so sure, go ahead and done it".

[G1911]

I would pay $200 for a 1989 Fleer common, if it's resell value was $0, I collected 1989 Fleer, and I could not readily buy it for one penny.

There's not caring about value, in that I do not care (actually I do care, I actively wish for it to happen) if my collection becomes worth $0 and I 'lose' (I've already budgeted it as a 100% loss) all the money I've put into it. Being a complete idiot and buying something from seller A for $200 when seller B has it available for a penny is a separate thing from caring about the value of my collection. That's being a complete idiot, because it is easily available for less basically free.

I want my collection to lose value. I want it to become worth nothing. Then my $200 could buy me more cards that I derive personal enjoyment from collecting. I don't care about the monetary value, cards are where my beer money goes. I'm not selling, so my collection's value is meaningless to me.

And yes, I have done trades where I have lost a lot of monetary value. If I can swap $$$ cards for cards that I would enjoy more and are not readily available for less, I'll do it. I've swapped much more expensive baseball cards for tougher boxing cards that don't come to market much but are worth little.

It's a hobby for me. My approach is no better than anyone else's, nor have I ever stated or insinuated it is. In fact, in measurable ways, my method is worse than other peoples; I'm sure to take a 100% loss on every purchase. But it quite obviously does exist as an approach, I find it weird people are saying that what I am doing simply does not exist at all as an approach. It quite evidently does.

[Carter08]

Originally Posted by G1911

I would pay $200 for a 1989 Fleer common, if it's resell value was $0, I collected 1989 Fleer, and I could not readily buy it for one penny.

There's not caring about value, in that I do not care (actually I do care, I actively wish for it to happen) if my collection becomes worth $0 and I 'lose' (I've already budgeted it as a 100% loss) all the money I've put into it. Being a complete idiot and buying something from seller A for $200 when seller B has it available for a penny is a separate thing from caring about the value of my collection. That's being a complete idiot, because it is easily available for less basically free.

I want my collection to lose value. I want it to become worth nothing. Then my $200 could buy me more cards that I derive personal enjoyment from collecting. I don't care about the monetary value, cards are where my beer money goes. I'm not selling, so my collection's value is meaningless to me.

And yes, I have done trades where I have lost a lot of monetary value. If I can swap $$$ cards for cards that I would enjoy more and are not readily available for less, I'll do it. I've swapped much more expensive baseball cards for tougher boxing cards that don't come to market much but are worth little.

It's a hobby for me. My approach is no better than anyone else's, nor have I ever stated or insinuated it is. In fact, in measurable ways, my method is worse than other peoples; I'm sure to take a 100% loss on every purchase. But it quite obviously does exist as an approach, I find it weird people are saying that what I am doing simply does not exist at all as an approach. It quite evidently does.

Ok

[Leon]

Originally Posted by G1911

I would pay $200 for a 1989 Fleer common, if it's resell value was $0, I collected 1989 Fleer, and I could not readily buy it for one penny.

There's not caring about value, in that I do not care (actually I do care, I actively wish for it to happen) if my collection becomes worth $0 and I 'lose' (I've already budgeted it as a 100% loss) all the money I've put into it. Being a complete idiot and buying something from seller A for $200 when seller B has it available for a penny is a separate thing from caring about the value of my collection. That's being a complete idiot, because it is easily available for less basically free.

I want my collection to lose value. I want it to become worth nothing. Then my $200 could buy me more cards that I derive personal enjoyment from collecting. I don't care about the monetary value, cards are where my beer money goes. I'm not selling, so my collection's value is meaningless to me.

And yes, I have done trades where I have lost a lot of monetary value. If I can swap $$$ cards for cards that I would enjoy more and are not readily available for less, I'll do it. I've swapped much more expensive baseball cards for tougher boxing cards that don't come to market much but are worth little.

It's a hobby for me. My approach is no better than anyone else's, nor have I ever stated or insinuated it is. In fact, in measurable ways, my method is worse than other peoples; I'm sure to take a 100% loss on every purchase. But it quite obviously does exist as an approach, I find it weird people are saying that what I am doing simply does not exist at all as an approach. It quite evidently does.

Please don't become a financial planner.
.

[G1911]

Originally Posted by Leon

Please don't become a financial planner.
.

Ever spent money on a vacation? Ever gone out for drinks? Bought a non-collectible book? I'm sure some people do not spend any money on things that are just for fun, money that they will not get back out of what they spent on that fun, but there are not many of them.

One can spend a little money on the things they enjoy sometimes without being financially irresponsible. Far, far more of my income goes into savings and investment than it does into hobbies. It's okay to enjoy life a little bit along the way; not everything is an investment.

I understand most of you here are investing via cards, and that's awesome. More power to you. Enjoy it. I've never once criticized anyone for taking this approach.

[Leon]

Originally Posted by G1911

Ever spent money on a vacation? Ever gone out for drinks? Bought a non-collectible book? I'm sure some people do not spend any money on things that are just for fun, money that they will not get back out of what they spent on that fun, but there are not many of them.

One can spend a little money on the things they enjoy sometimes without being financially irresponsible. Far, far more of my income goes into savings and investment than it does into hobbies. It's okay to enjoy life a little bit along the way; not everything is an investment.

I understand most of you here are investing via cards, and that's awesome. More power to you. Enjoy it. I've never once criticized anyone for taking this approach.

Actually, I was just joking around. I do go on vacations.
As long as you are having fun, in whatever way you are collecting, then it's all good.
I do other things for entertainment too. I have lots of dogs and they are entertaining. I am sure I spend way too much on them.

[Yoda]

Originally Posted by Leon

Actually, I was just joking around. I do go on vacations.
As long as you are having fun, in whatever way you are collecting, then it's all good.
I do other things for entertainment too. I have lots of dogs and they are entertaining. I am sure I spend way too much on them.

Totally agree. However, if on vacation with the family, it is best not to stop and and investigate any card shops or local shows that are in the area. I know from experience that the distaff side tends to go into a frenzy if you should suggest such a thing.

[obcbobd]

Originally Posted by G1911

I would pay $200 for a 1989 Fleer common, if it's resell value was $0, I collected 1989 Fleer, and I could not readily buy it for one penny.

There's not caring about value, in that I do not care (actually I do care, I actively wish for it to happen) if my collection becomes worth $0 and I 'lose' (I've already budgeted it as a 100% loss) all the money I've put into it. Being a complete idiot and buying something from seller A for $200 when seller B has it available for a penny is a separate thing from caring about the value of my collection. That's being a complete idiot, because it is easily available for less basically free.

I want my collection to lose value. I want it to become worth nothing. Then my $200 could buy me more cards that I derive personal enjoyment from collecting. I don't care about the monetary value, cards are where my beer money goes. I'm not selling, so my collection's value is meaningless to me.

And yes, I have done trades where I have lost a lot of monetary value. If I can swap $$$ cards for cards that I would enjoy more and are not readily available for less, I'll do it. I've swapped much more expensive baseball cards for tougher boxing cards that don't come to market much but are worth little.

It's a hobby for me. My approach is no better than anyone else's, nor have I ever stated or insinuated it is. In fact, in measurable ways, my method is worse than other peoples; I'm sure to take a 100% loss on every purchase. But it quite obviously does exist as an approach, I find it weird people are saying that what I am doing simply does not exist at all as an approach. It quite evidently does.

Well said. BTW, you might want to check out OBC at www.oldbaseball.com