Re: CU boards. Anybody know when...

[MattyC]

...they are going to rebrand those boards something along the lines of, "The Official Unopened 70s-80s Product Is The Best Investment Ever!!!!!!!" Board.

Maybe the final title used will have a few more exclamation points.

[Leon]

Originally Posted by MattyC

...they are going to rebrand those boards something along the lines of, "The Official Unopened 70s-80s Product Is The Best Investment Ever!!!!!!!" Board.

Maybe the final title used will have a few more exclamation points.

There is a lot of talk of those things over there. It's kind of scrambled on that main page.....lots of different niches, sports etc.....

[MattyC]

I never understood why they didn't create discrete sections based on interest, i.e., modern, vintage, wrestling, unopened, etc.

Organizational issues aside, the proselytizing and hyping of late 70s and 80s unopened material as an investment is becoming crazy. I'm not talking at all about collectors of the stuff buying out of passion and enjoyment; I'm talking about all these mentions strictly of dollar values and price movement. They are two separate things, and I find the logic behind the bullishness on unopened 78-84 product prices to be flat out specious. Again, while a collector's preference is sacrosanct, once people start touting values and future values, then it's an open debate.

[Leon]

They have a few sections. They aren't a chat board/forum as we are. That isn't their main concern. They have old chat software and it's probably not as easy to update as ours is.

As for the people buying that unopened stuff like they do stocks, well, I understand your viewpoint but, it's not a whole lot different than buying and reselling in our space. I am a die hard collector but I also buy for resale. Not a big deal to me.....but again, I do understand your sentiments.

[oldcardboard]

People who are in the hobby for value are annoying. Look at me and my stuff!!!!! LoL, whatever helps you through your day....

[Leon]

Originally Posted by oldcardboard

People who are in the hobby for value are annoying. Look at me and my stuff!!!!! LoL, whatever helps you through your day....

It's just part of the hobby to me. Some hobbyists think people with your view are annoying. I don't care how people collect or buy and sell, that is their business, not mine. Some would say, if griping and whining helps you through your day, so be it. This board is made up of collectors, dealers, flippers and everything in between. I have bought some great cards from guys that are purely in it for the money....and I was appreciative to get the cards.

[vintagetoppsguy]

Originally Posted by oldcardboard

People who are in the hobby for value are annoying. Look at me and my stuff!!!!! LoL, whatever helps you through your day....

I understand what you're saying, but there comes a point when you've been in this hobby for so long (27 years for me now) that it natually evolves into an investment over the years. I didn't ever intend for it to start out that way but, over the years, I have tens of thousands of dollars into my cards and naturally it's an investement. I don't look at it as if it's an investement and never did in hopes of one day making a profit, it's still a hobby to me - something I enjoy. However, I don't care what we're talking about (baseball cards or whatever), when you have tens of thousands of dollars into something, yes, it's is an investement whether you want to call it such or not.

[Cardboard Junkie]

I've got tens of thousands of dollars into a couple of vehicles.......they're not investments, just necessary evils. I see what you're saying though.

[vintagetoppsguy]

Originally Posted by Cardboard Junkie

I've got tens of thousands of dollars into a couple of vehicles.......they're not investments, just necessary evils. I see what you're saying though.

True, but a vehicle is a depreciating asset. We all know and expect that even before we make the purchase.

I guess the difference is that we don't buy cards and expect them to depreciate (although that is a possibility). We may not necessarily expect them to appreciate in value, but we certainly don't go into the purchase expecting them to depreciate (like we do a vehicle).

[Leon]

Originally Posted by vintagetoppsguy

True, but a vehicle is a depreciating asset. We all know and expect that even before we make the purchase.

Unless his vehicles are vintage, then they can certainly appreciate. I remember seeing Ferrari Dino's selling for under 40k-50k just 8-10 yrs ago. Now they go for 200k+....

[Cardboard Junkie]

Wow! Leon! I test drove a Dino in the early 70's....brand new as I recall was 14K Dave.

[PM770]

Originally Posted by MattyC

I'm not talking at all about collectors of the stuff buying out of passion and enjoyment; I'm talking about all these mentions strictly of dollar values and price movement.

Welcome to the mad, mad, mad universe of the PSA registry. The premiums people pay for PSA 10 commons from 1979 are mind-boggling.

I have no intention of ever selling my collection, but I have been teaching my 7 year old who enjoys "doing cards" with daddy about centering and how the corners should look so when I die and if my boys want to sell them off, they can go through and turn some of those $.25 commons into $250 cards because they are in that holder.