So you have $1.3 million burning a hole in your pocket

[Casey2296]

Originally Posted by G1911

They’re on Discord buying cards of guys they watch. Most of them think T206 and the old stuff is cool, but it’s 1) too expensive for most new collector budgets and 2) there’s no hit factor that drives much of their joy. The old stuff is appreciated when shown but they definitely aren’t rushing out to buy them. Net54 presumably skews a little bit older than the actual prewar collector base because forums are rather outdated in general these days.

There’s enough interest to show the values aren’t going to hit zero or anything but I seriously question the logic of this board that the values will inexorably rise forever and we should drain our 401K’s and take out loans to pump vintage cards. I’m not sure the 50-70’s year olds that dominate prewar are going to have an audience to cash in on forever.

Valid points, as a collector I don't really care if I pay 5k for a card and my kids sell it for 2500 after I'm dead. It's my collection and I build it for enjoyment, I care about the OG knowledge I get from this board, it's invaluable and will be lost imo at some point so I enjoy the ride. I also doubt anybody here is cashing out their 401k to buy cards, that would be a gambling addiction and while we all make sacrifices for our collections most folks draw a healthy line when it comes to that. It's a 401k meme at this point.

[G1911]

Originally Posted by Casey2296

Valid points, as a collector I don't really care if I pay 5k for a card and my kids sell it for 2500 after I'm dead. It's my collection and I build it for enjoyment, I care about the OG knowledge I get from this board, it's invaluable and will be lost imo at some point so I enjoy the ride. I also doubt anybody here is cashing out their 401k to buy cards, that would be a gambling addiction and while we all make sacrifices for our collections most folks draw a healthy line when it comes to that. It's a 401k meme at this point.

As a collector, values hitting zero, while not realistic, would be great in a lot of ways. A reset back to older prices is more attractive than values rising. I don’t doubt values will generally tick up for a few years but there comes the time when this current crop of mostly 50-70 year olds with the material sells off and I’m not sure there’s enough of us to absorb the glut of material that will appear. It’s hard to find a T card collector within 15 years of my age.

The 401K is a meme now from those of us who knew it was stupid at the time, but it was made very seriously and a number of posters here were supportive. Though nobody took up the challenge to post a screencap of them emptying their retirement account for some reason…

[MR RAREBACK]

I think you can take a loan from your 401k and pay it back in 5 years with no tax or penalties. I’ll have to double check to be sure

[puckpaul]

The more i think about it, the Ruth bat is the clear winner here. I shied away at first because I collect memorabilia extensively but mostly jerseys, and hockey jerseys at that. I had collected hockey sticks too, but those were hard to display and store, so I kept that at a minimum. I viewed a bat similarly, and would prefer a Ruth jersey, but the bat’s provenance seems solid and it is a piece of history. I would choose that. The Doyle is still very tempting, but since he wasnt a great player and it is an error card, I can see the argument against it. As a collector, the last thing I would choose is RE, based on the premise that the money is “burning a hole” or is superflous. If you have that much money, another $1.3mm in RE doesn’t do much of anything.