Quote:
Originally Posted by darwinbulldog
Didn't win anything I was really hoping for, but I did pick up both of the Walter Payton rookie cards with my "I can't let someone else get a good deal on these" bids.
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Glenn,
I think you just touched on one of the biggest differences between collectors and investors, and modern versus vintage collectors, and a primary reason why if/when there ever is a correction to the card hobby market it seems to invariably have a much less drastic negative impact on the vintage (especially pre-war) side of the market.
As you so aptly noted, a collector realizes the intrinsic value of vintage cards, and often will not hesitate to pick up more and more copies of the same or similar cards if the price is right, basically setting a floor value wise for them. Modern collectors/investors seem to be more into just the money aspect, without anywhere near the same connection and attraction to the cards and players themselves. When they see a certain modern player or type of card issue's value tanking, they're more likely to get out, and stay out. And if the dropping market is profound enough, they may even get out of cards entirely and look to other things to now invest in. An actual collector at heart is much more unlikely to ever completely abandon their cards and collections.