Quote:
Originally Posted by Fred
At what point would you sell ALL or a major part of your collection?
If things continue to escalate, would you sell off your collection if it meant you could buy a nicer home? If you could retire 10 years (or more) earlier? What about just a couple years earlier?
What if you had a card that you paid less than a grand for and now could get $100K for it. Sell it? Hold it?
What IF the collecting community expanded to athletes and other people that have deeper pockets than most of the existing collecting community and you saw the price of cardboard increased to the point where it's no longer a hobby. Do you continue on collecting? Find a different niche which hasn't yet become a part of the "irrational exuberance"?
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I'm in the selling off process right now. Several things entered into my decision: Realizing that I've reached a certain age and that absolutely nobody in my family has any interest in the sport and, therefore, would be lost in how to move them. Before managed payments soured me on selling on the world's largest selling platform, they offered a $10 final value fee opportunity in December, 2019 followed by a $20 version last January. I brought in some good money with those two. After that, I have been blessed to find honest partners to work with on Net54's BST (Shout-out to Leon!).
This week the process came to the point where I'm parting with cards I never envisioned letting go...it is hard, but necessary.
My descendants will still have to contend with the disbursement of my Baseball Library, my Baseball DVDs, my Baseball photos and my Baseball paintings...and the remains for my Baseball Card collection...but, I'm doing the best I can for them.
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