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#1
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$1,500 compounded at 15% annually for 40 years equals $400,000
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#2
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Thanks for posting Chris. Mastro was definitely a player at age 19 in 1972. He knew and communicated with all of the old time collectors and great names in our hobby.
At 19, I was trying to figure out college and life and buying up all the "old" 50's and 60's on campus but did not really know much about pre war cards
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#3
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In 1972, I was in college and was ballpark organist for the Pulaski Phillies (Appalachian League) for $5 a game.
A couple of years before, Wirt Gammon had offered me a T206 Wagner for $500. Where would I get $500? (Besides, he was selling me the other T206's for 35 cents each.) My friend Bill Haber, who had a real job (at Topps), bought that Wagner. $500 in 1970 - $1500 in 1972? Mastro may have overpaid. |
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