Quote:
Originally Posted by freakhappy
For some reason I feel a few people in this thread are "on edge"  why do you think that is?
I think MyGuyTy has some very valid points and I don't believe he is being pessimistic at all...but rather, realistic. I don't know what will happen to the hobby in the next 30-50 years or after that, but I think what he is saying seems very logical...to deny it, seems like you just don't want to think about it.
We all know that the younger generation is not into cards like they used to be and I don't know one kid under 18 except wazoo that does! Twenty or so years ago, card collecting amongst kids was so popular...but now it is mostly dead. So what does this possibly say for the future of the hobby once our generation has passed? I don't know the answer for sure, but unless A LOT of younger kids get moving, we should see a decline for sure.
Since the '90's or so, it has been a wreck for kids to collect because of the prices and a lot of card stores are long gone. Things aren't that simple or fun anymore and if no one is there to present this great hobby of ours to them, then where is it going? Certainly not up, right? I'm sure there will always be buyers and sellers, but I highly doubt the demand will rise IMO. I love this hobby and I for one do not want it to decline, but it kind of seems obvious when you think about it.
There's no doubt that it should stay steady for a good amount of years, but for how long? We only have a small sample size of card collecting overall (130-50 years) and we're already seeing the younger generation stray away.
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Great points Mike, that's basically all I'm saying. Will there still be SOME collectors of vintage baseball memorabilia 30 years from now?.....sure, BUT to what extent?? Is there gonna be enough "die hard" vintage baseball guys 30 years from now that are gonna be falling all over each other to bid $110,000 on an old raggedy N172 OJ advertisement from 1887?? Judging by the path this hobby (and baseball in general) is projecting with the next generation, my money is absolutely on no. These prices today are driven by that 1950's to 1980's demographic that is still the driving force. In 30 years everything changes all over again.
And we haven't even got into the fact that the demographics in this country are rapidly changing especially in the south, southeast, southwest and west. Not to mention the grim economic landscape that is being forecasted for our kids 25-30 years from now as jobs continue to be outsourced, eliminated or giving to illegals at a cheaper wage.
Just as Mike said NOBODY (especially the guy who just blew $110,000 on that advertisement) wants to hear these things, just like the real estate investors 10 years ago didn't wanna hear those silly "bubble bursting" projections.........truths do in fact suck when you have a vested interest.
Why did it take this hobby until the 1980's/1990's to start bringing in ENORMOUS prices for vintage items??? Because the interest in (over) paying silly prices for cards was non-existent despite the fact that there were in deed many "collectors" in this hobby. It was actually about the hobby itself and the love of the game. The 80's roared in with a cultural, economic and direct financial boom and these professionals who were baseball card collecting kids in the 50's and 60's decided it's time to start spending some serious money on old baseball cards to rekindle that passion. A "passion" that is quickly fading away with today's kids.