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  #1  
Old 10-31-2011, 06:58 PM
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HercDriver HercDriver is offline
Geno W@gn&r
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Default Kids and cards

I don't know that kids would do much with the cards other than eventually sell them. How many kids care about baseball these days? Very few, I'd guess. And of the ones that do, how many buy baseball cards? The reason we love them is that we grew up spending our paper route money on them and so they connect us to our childhood. Obviously, none of us bought T206s in packs, but it was a logical transition from the cards of our current heroes from whatever era you grew up in to wanting something older/more valuable. As we age and pass along, there will be less and less people that care, so the cards will be worth less.

I think looking at them as an investment is only going to disappoint in 50 years...sell 'em and buy a good whiskey/cigar stash!

Take Care,
Geno
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  #2  
Old 10-31-2011, 08:07 PM
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z28jd z28jd is offline
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Default think about this

Instead of cataloguing everything for your heirs if you decide to keep it, don't catalog it at all and maybe they will learn something researching the cards and actually get interested in them. After all, you did all the hard work putting it together, let them earn it

My grandfather passed in 2007 and left his coin collection to my dad who had no interest. He planned on selling everything so he got a price for them and then my dad and I worked out a slightly lower price so I could buy it instead. I had a very small collection of coins but since I got these I've been researching the coins and have actually bought a few more since

I'll tell you another story that had me thinking for just a second. Most people who know me personally, know my dad and I get along great so remember that when I say this. The other day he asked me for the combo to my safe and I gave it to him, the next day I went to work and right before I went on a main highway(for 15 miles) to come home the low tire light came on, screw in the sidewall. I called my dad and said the tire doesnt look low, should I call AAA or try driving home? He said nah you can drive it home...got me thinking for a second. My dad does carpentry too
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  #3  
Old 10-31-2011, 08:08 PM
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Runscott Runscott is offline
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Quote:
Originally Posted by HercDriver View Post
Obviously, none of us bought T206s in packs, but it was a logical transition from the cards of our current heroes from whatever era you grew up in to wanting something older/more valuable.
...
Geno
Geno, I think it might be because the turn-of-the-century players remind us more of how we played baseball as kids - you got beat up, you stayed in the game, you loved it. They played small-ball, which is what little leaguers were taught in the '60s, they used the same ball until it was black (just like we did). It was just a more pure game. The stuff today is generally hard to stomach, but it's all we have.
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  #4  
Old 10-31-2011, 08:50 PM
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HercDriver HercDriver is offline
Geno W@gn&r
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Default Memories

I know what you mean - when I was a kid and got a Jose Cardenal ball autographed at Wrigley, we'd play with it forever becasue it was the coolest ball we had! Today, if it gets signed, it goes into plastic. Actually, everything seems to go into plastic...

Take Care,
Geno
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  #5  
Old 10-31-2011, 10:21 PM
FrankWakefield FrankWakefield is offline
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We'll go in plastic unless we're cremated.


Slightly aside, I sometimes have given cards to a kid. I'd give them a few modern cards of a team or player in which they have interest. Then I'd give them a T206 or two. Maybe a Goudey. I've given a couple of Cracker Jacks away... All to get them interested in collecting old cards. Because guys, when the time comes to move our stuff, if there aren't collectors out there for it then all we have is a bunch of bookmarks. We need that next generation of collectors.
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  #6  
Old 11-01-2011, 08:14 PM
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Collect Equity Collect Equity is offline
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Default Life Insurance or Charity

I've thought lots about this. If I die young or unexpected, my cards will act as a second life insurance policy. I regularly review different auction company options with my wife so she knows where to liquidate them.

If I die old, I plan to sell my cards just before I die and give 100% of the proceeds to charity. I decided this when I started collecting again because it's completely illogical for a grown man to spend four-figures on a small piece of cardboard. I feel better knowing that I'm giving a delayed gift to a charitable cause.

Also, I don't care at all about my card's values because it's all going to charity some day anyway. In fact, part of me would love to see the market tank so I can buy all the cards I can't afford today.

I am making it very clear to my kids that they won't receive anything of value (including cards) when I die. They'll get family heirlooms of no monetary value (and I'd consider throwing in some t206 beater commons) but I don't want them to be thinking of the value of my estate as I get older.

So that's my plan. I hope to live to the day where I get to see my collection sold at auction -- in fact, I'd like to write up the auction catalog descriptions
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  #7  
Old 11-02-2011, 10:44 AM
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T206Collector T206Collector is offline
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Default Where's All The Money Gone?

I sometimes think philosophically about my collection...

A...Why do I have these tiny little pieces of old card board when I could sell them and use the money to do something sensible (pay off the mortgage, bills, etc.) or silly (extreme Vegas vacation) with?

B...Will I keep my collection until I die?

1......if so, will the cards be auctioned by my heirs, or will they want to keep the collection in tact?

2......if not, when is the right time to sell them all (then See A above with respect to use of proceeds)?


More or less, I agree with one of the posts above that said we all need something that makes us "tick." And, for me, autographed T206 cards REALLY make me tick these days. If I got rid of them today, I think I'd feel pretty lousy about it.

In addition, I satisfy my responsible gene by considering the cards a last resort of emergency savings in the event of, well, an unforeseen personal financial crisis.

And, I've got 3 boys now -- one of whom is named Mathewson -- so I am certainly banking on one or more of them getting the urge to scratch this collecting itch I've got.
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  #8  
Old 11-02-2011, 01:13 PM
Orioles1954 Orioles1954 is offline
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I plan on selling my collection when I retire and use the proceeds to serve a full-time humanitarian mission for my church.
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