NY Times article on cards as an investment

[Snapolit1]

https://www.nytimes.com/2018/03/23/y...nvestment.html

[Peter_Spaeth]

Here is Brent admitting there was attempted market manipulation in 2016. Where are you deniers who ridiculed me and others? Mocking me about the "buying group," etc.

"He said a small group of collectors with about $20 million among them ran up prices in 2016, but the broader collecting market did not follow. “They put all their money into one card and not others,” he said. “They created outliers they couldn’t maintain. The market has had to reassess itself.”"

[Snapolit1]

See, e.g., The 1963 Rookie Stars insanity.

[Bicem]

Wow, great highlights of the Brady Hill collection!

[Bradyhill]

Hi Guys...I know I don't post much here and when the NY Times asked to interview me, I really thought about it hard. To put your collection in front of people sounds exciting on one hand, but on the other I am private person with regards to show and tell. I hope that I did an acceptable job of being a real and positive force for our hobby as that was really my goal. I just wanted to shed some positive light on why I do it. I am also lucky my wife supports my craziness also. I know there will always be some guys that are negative about card collecting, but some of my best buddies are my card nerd friends (you know who you are). Thanks for reading!

[Peter_Spaeth]

Every guy on this board loves cards. Nobody is negative about card collecting. Yes, some of us lament when we see some of the uglier aspects of the business -- shill bidding, card doctoring, price manipulation, other forms of fraud -- but that should not be conflated with negativity about card collecting.

[hcv123]

I though it was an awesome article - thanks for sharing your collection.

[Rookiemonster]

Originally Posted by Bradyhill

Hi Guys...I know I don't post much here and when the NY Times asked to interview me, I really thought about it hard. To put your collection in front of people sounds exciting on one hand, but on the other I am private person with regards to show and tell. I hope that I did an acceptable job of being a real and positive force for our hobby as that was really my goal. I just wanted to shed some positive light on why I do it. I am also lucky my wife supports my craziness also. I know there will always be some guys that are negative about card collecting, but some of my best buddies are my card nerd friends (you know who you are). Thanks for reading!

Very cool! I would love to see that Ruth rookie.

I totally get it. It’s like you want everyone to see the greatness of the hobby but at the same time the value of the cards might draw the wrong attention. I remember when Allen Iverson had those giant diamonds in his ears and someone ask what they were worth. He got upset but at the same time it doesn’t take a genius to know that they cost more then what most people make in a year.


And peter it does seem that Brent says a lot about what happened a few years back.

[cardcountry]

I love the article Brady. Thanks for doing it! I think it definitely puts a great light on the hobby, and hopefully it will inspire more people to get involved. Great job!!!

Jeff

[rhettyeakley]

Originally Posted by Bradyhill

Hi Guys...I know I don't post much here and when the NY Times asked to interview me, I really thought about it hard. To put your collection in front of people sounds exciting on one hand, but on the other I am private person with regards to show and tell. I hope that I did an acceptable job of being a real and positive force for our hobby as that was really my goal. I just wanted to shed some positive light on why I do it. I am also lucky my wife supports my craziness also. I know there will always be some guys that are negative about card collecting, but some of my best buddies are my card nerd friends (you know who you are). Thanks for reading!

Brady, Truly impressive collection! You obviously have great taste and one can tell the love you have for the cards, thanks for being a positive member of our group that loves old cardboard! Feel free to post more, we need more people like you around here!
-Rhett

[NYYFan63]

Originally Posted by Bradyhill

Hi Guys...I know I don't post much here and when the NY Times asked to interview me, I really thought about it hard. To put your collection in front of people sounds exciting on one hand, but on the other I am private person with regards to show and tell. I hope that I did an acceptable job of being a real and positive force for our hobby as that was really my goal. I just wanted to shed some positive light on why I do it. I am also lucky my wife supports my craziness also. I know there will always be some guys that are negative about card collecting, but some of my best buddies are my card nerd friends (you know who you are). Thanks for reading!

Thank you for sharing your story Brady.


Sent from my iPhone using Tapatalk

[ullmandds]

I really enjoyed this article. I loved that you were holding that Jackson and cobb and the mantle was sitting on the table! Also interesting how are you mentioned going to the safety deposit box and being surprised...had you left the hobby for a period of time? I remember occasionally pulling out my collection all through college showing them off but I did not pay much attention to values but then again the Internet was not really born.

I would love to see more of your obscure cards !

[KingFisk]

Originally Posted by Bradyhill

Hi Guys...I know I don't post much here and when the NY Times asked to interview me, I really thought about it hard. To put your collection in front of people sounds exciting on one hand, but on the other I am private person with regards to show and tell. I hope that I did an acceptable job of being a real and positive force for our hobby as that was really my goal. I just wanted to shed some positive light on why I do it. I am also lucky my wife supports my craziness also. I know there will always be some guys that are negative about card collecting, but some of my best buddies are my card nerd friends (you know who you are). Thanks for reading!

Beautiful collection, Brady. Thanks for sharing and telling stories. And by all means, please post more often!

[glchen]

That was a very nice article, and great collection, Brady!

However, since they were talking about baseball cards as investments, I wish the NY Times would have added that you really can't compare cards to stocks as investments because selling them can be entirely different. That is, you can sell a million dollars worth of stocks in one transaction, and only be charged a $5 flat fee from your online broker. However, fees for selling cards are often much higher from 8-15% of the sale price at an ebay consignment shop like PWCC to as high as 40% (seller fees + buyers premium) at large auction houses unless you negotiate a special deal, but even then there's no way it'll be anywhere close to a $5 flat fee like in stocks. Therefore, if the value of your collection has risen by 20%, you might think that you are doing well. However, when you actually try to sell your collection, you may only break even or even lose money depending on the fee structure.