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Old 12-22-2005, 09:44 AM
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Default $100,000 tax free

Posted By: Bruce Babcock

In another thread the phrase "imaginary money" was mentioned a couple of times. What if an eccentric rich relative you never heard of left you $100,000 tax free dollars, on the condition that you could only spend it on vintage (pre WW II) baseball cards, and had to spend it all within a one year period? You could not spend the money on a car, pay down your credit card debt, buy health insurance, etc.

$100,000 is a nice hunk of change, but probably not enough to get a nice T206 Wagner. Would you buy, say, 5 or 10 high end cards? Or some complete sets? Nothing but tobacco cards? Nothing but caramel cards? 19th century only stuff? Old Judge cabinets? Babe Ruth cards? Moe Berg cards?

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