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Old 11-06-2013, 03:16 PM
Hankphenom Hankphenom is offline
Hank Thomas
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Quote:
Originally Posted by JimStinson View Post
In five years (or less) you MIGHT ....be able to trade the best card or autograph collection in the World for a bowl of hot soup a cup of coffee and a loaf of bread
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Jesus, Jim, I guess I'd better start watching Doomsday Preppers! There's actually a report practically every day on the state of the hobby, and that's the prices realized in auctions and on eBay. I haven't noticed much softening, even during the economic disruptions of the past several years, but perhaps the generational turnover/bailout everybody's been predicting for the last 15 years is just around the corner. I do remember in the early 80s when there was a lot of talk about the "bubble" in hobby prices, but those who stayed in did very well, indeed. For those who "collect what you like," a downturn would be a welcome respite from the constant inflation of the past and would provide a floor. Under Jim's scenario, however, all bets are off, but then we'd all have much more to worry about than our collections. My advice would be, "steady on the tiller."
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