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What card would you arrange financing to buy? - Net54baseball.com Forums
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  #1  
Old 10-17-2022, 03:14 PM
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This one
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File Type: jpg TexasTommyJacksonFront-768x768 (2).jpg (39.0 KB, 532 views)
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  #2  
Old 10-17-2022, 03:20 PM
Keith H. Thompson Keith H. Thompson is offline
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Default Yes, I would ...

for an 1885 Sam Thompson Evansville Cabinet.
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  #3  
Old 10-17-2022, 03:29 PM
raulus raulus is offline
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This one
_
Looks like this one last sold a couple of years ago. Any reason why you didn't pick it up then, even going into hock for it?

Maybe the vault lending options weren't as generous as they are today?
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Old 10-17-2022, 03:48 PM
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Looks like this one last sold a couple of years ago. Any reason why you didn't pick it up then, even going into hock for it?

Maybe the vault lending options weren't as generous as they are today?
I wasn't back into pre-war collecting when it sold.
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Old 10-17-2022, 03:54 PM
raulus raulus is offline
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I wasn't back into pre-war collecting when it sold.
Gotcha. Maybe it will come back around in the next few years, and we'll see if the price is right, even factoring in potential borrowing...
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1968 American Oil left side
1971 Bazooka numbered complete panel
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  #6  
Old 10-17-2022, 03:57 PM
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Gotcha. Maybe it will come back around in the next few years, and we'll see if the price is right, even factoring in potential borrowing...
Maybe, my thought is that card will not see the light of day for a long time.
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  #7  
Old 10-17-2022, 04:10 PM
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I’m 70. If I was single I might finance everything and let the CRC companies deal with it when I’m dust (used to work with banks and think very little of them).

But that’s not me. Cash n carry these days.
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  #8  
Old 10-17-2022, 04:51 PM
Bestdj777 Bestdj777 is offline
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I wouldn’t buy anything that required a payment plan—I collect for fun but have huge responsibilities as a parent/spouse and wouldn’t jeopardize my family for cardboard. I did try to buy a card I couldn’t really afford at the time with the thought that I could sell something really liquid (52 Topps Mantle) after to pay back my savings account after. Ended up losing the auction and doubt that card will ever see the marketplace again in my lifetime. But such is life.
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  #9  
Old 10-17-2022, 05:03 PM
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This one
_
Wow Phil

I am drooling for that card.
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1920 Heading Home Ruth Cards
1920s Advertising Card Babe Ruth/Carl Mays All Stars Throwing Pose
1917-20 Felix Mendelssohn Babe Ruth
1921 Frederick Foto Ruth
Rare early Ruth Cards and Postcards
Rare early Joe Jackson Cards and Postcards
1910 Old Mills Joe Jackson
1914 Boston Garter Joe Jackson
1911 Pinkerton Joe Jackson
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  #10  
Old 10-17-2022, 09:27 PM
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Wow Phil

I am drooling for that card.
Right? One of the most beautiful cards I've ever seen. I'd trade 10 clown like E90-1 Jacksons for that card.
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  #11  
Old 10-18-2022, 05:40 AM
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Right? One of the most beautiful cards I've ever seen. I'd trade 10 clown like E90-1 Jacksons for that card.
agreed absolutely beautiful and I to would trade the e90-1 and other quality/rare cards in my collection for that card.

That is a Great Card to me and RARE RARE RARE


Would look nice in a Joe Jackson Collection or by itself
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Looking for
1920 Heading Home Ruth Cards
1920s Advertising Card Babe Ruth/Carl Mays All Stars Throwing Pose
1917-20 Felix Mendelssohn Babe Ruth
1921 Frederick Foto Ruth
Rare early Ruth Cards and Postcards
Rare early Joe Jackson Cards and Postcards
1910 Old Mills Joe Jackson
1914 Boston Garter Joe Jackson
1911 Pinkerton Joe Jackson
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  #12  
Old 10-18-2022, 07:48 AM
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Selling to buy is good in theory, but doesn't always work out. I have borrowed to buy a card. I was bidding and the card went higher than I thought. I decided to place one more bid knowing I would have to borrow to pay and won. My only regrets in this hobby are the things I have not bought, or at least tried harder to buy.

What I don't understand is people borrowing to buy a car (an asset that decreases) or pay for college. Those are things that I would never do. To borrow to buy an asset that will increase in value, under the right circumstances, absolutely.
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  #13  
Old 10-18-2022, 08:49 AM
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I admit to using paypal's zero interest for whatever few months a few times so I can use their free plan to use my money for interest bearing wiser reasons. I have never paid paid them one red cent in interest on it though. In my mind that's not really financing it.

As for financing with a loan or even using a charge card long enough for interest, it's a no.
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  #14  
Old 10-18-2022, 09:05 AM
Wanaselja Wanaselja is offline
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Quote:
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Selling to buy is good in theory, but doesn't always work out. I have borrowed to buy a card. I was bidding and the card went higher than I thought. I decided to place one more bid knowing I would have to borrow to pay and won. My only regrets in this hobby are the things I have not bought, or at least tried harder to buy.

What I don't understand is people borrowing to buy a car (an asset that decreases) or pay for college. Those are things that I would never do. To borrow to buy an asset that will increase in value, under the right circumstances, absolutely.
How does one pay for college without borrowing?
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Old 10-18-2022, 09:21 AM
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I've sold stock in order to pay for a high dollar card and never regretted it.
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  #16  
Old 10-18-2022, 09:22 AM
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Several times, on this net54 forum, I was allowed to use the layaway plan to buy cards I simply could not afford to buy all at once. Was that a kind gesture that they did not have to do by the sellers? Absolutely! And because of their kindness I didn't have to go into debt to get cards I really wanted, that have become irreplaceable in my modest collection. Not the same at all as using credit or taking out a loan, and my wife is totally okay with it.
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  #17  
Old 10-18-2022, 11:18 AM
raulus raulus is offline
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How does one pay for college without borrowing?
Four strategies that worked for me, my wife, and for our kids (so far - 2nd one is a freshman now):

1a) Attend a school with relatively affordable tuition. My kids and I both went to a private school, but the tuition was/is not a lot. I paid $1k per semester. My kids are paying $3k per semester. Inflation continues to raise the rates, but compared to places that charge $30k per semester, it's tough to beat the value. That may mean going to a state school or spending a few years at community college first. If all else fails, there's the military and the GI bill, which is how my father did it, after serving in Vietnam for 2 tours as a Marine Scout Sniper.

1b) Study hard and get good grades, and apply for academic scholarships. I got a full-tuition scholarship after my first semester, but had to continue to deliver to keep it. My son just received a full-tuition scholarship as well. My daughter, who just graduated, had a 25% tuition scholarship. Apply yourself, and you will find scholarships are available. At the same time, my wife didn't have one, so this one isn't as important as 1a, but it sure doesn't hurt.

2) Work while in school, including during summer breaks. Especially with current wages, most kids can make good money. My freshman son was making $20 per hour over the summer working in a box factory, 8 hours per day, enough to pay for his freshman year. It was hard work and required him to get up every day at 5am to get to the salt mines and put in his time. I made half that working jobs on campus, but every bit helps.

3) Live frugally. It's called a starving student for a reason. You want to drive a pimped out ride, live in fancy digs, eat at hipster restaurants and travel like a Kardashian on a private jet? When you're making 7 figures, sure. But until then, you're slumming it with a used Corolla, eating ramen and rice, and riding at the back of the plane with inconvenient connections at odd hours.

It can definitely be done. I've done it, and so have many others. But it requires effort, sacrifices and compromises, which seem to be in short supply these days.
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Trying to wrap up my master mays set, with just a few left:

1968 American Oil left side
1971 Bazooka numbered complete panel

Last edited by raulus; 10-18-2022 at 11:19 AM.
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  #18  
Old 10-18-2022, 11:22 AM
Yoda Yoda is offline
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How does one pay for college without borrowing?
Rich parents.
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  #19  
Old 10-18-2022, 05:13 PM
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How does one pay for college without borrowing?
In my family no one borrows for college...or grad school. We figure it out. We started saving for my daughter's college when she was born and we never stopped. She is completing a masters at Columbia this year and will graduate debt-free...but only because she is living with relatives in NYC. Undergrad was a state school, and even so, we had to sacrifice a lot of luxuries (and I had to sell a lot of cards) to pay for it. My parents did the same for me--well, not the card bit, but I got a full ride.

Totally worth every dime, IMO.
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  #20  
Old 10-18-2022, 11:03 AM
Yoda Yoda is offline
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To me, buying cards with credit is akin to trading stocks on margin. Just won't do it.
And, Phil, that TT Jax has been my Moby Dick forever. Just beautiful, you lucky dog. Can I sniff it sometime?
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  #21  
Old 10-18-2022, 04:33 PM
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Holy Schneikies, Phil!
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Old 10-18-2022, 04:43 PM
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Now in my 50's would not finance any card. Have learned/resolved myself to the fact I have a lot of nice cards and my big purchase days might be over - unless I sell something to buy something else.

However, in my 30's and early 40's I did occasionally use the credit card in my pursuit a few T206 HOFers. I remember paying off the credit card within a couple months. I still have all my T206 HOFers in 5 & 6 grades. They sure are pretty. And with the recent market boom, extremely happy to have acquired them when I did ... and how I did, or else I would not have been able to get my hands on them.
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Old 10-18-2022, 05:10 PM
bbcard1 bbcard1 is offline
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I would no for a card for my collection, but would for a collection I could flip pretty fast. Honestly, I'd want to double my money in fairly short order to be excited about going that route.
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  #24  
Old 10-25-2022, 06:16 PM
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None……if I do not have the money for it then I do not buy it.
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