Quote:
Originally Posted by tschock
These "appraisals" always have to be taken with a grain of salt and understand what they are really saying here. There is a HUGE difference between sale value and replacement value. In this instance as an example, I doubt he would get close to $600K if he sold his collection, but it could easily cost him $600K to put this collection together should he need to replace it.
I think many times the amount seems high because those touting the value are referring to replacement (intentional or not).
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I agree these appraisals are usually inflated but I was just illustrating the point that other collectibles that are not anywhere near as popular as baseball cards still seem to hold their value. On that same show there was a guy who collected vintage phones and his collection was appraised at like $200k. Seems like anything that is "vintage" is being collected these days.