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Net54baseball.com Forums - View Single Post - What card would you arrange financing to buy?
Thread: What card would you arrange financing to buy?
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  #73  
Old 10-18-2022, 09:51 AM
steve B steve B is offline
Steve Birmingham
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Join Date: Sep 2009
Location: eastern Mass.
Posts: 8,464
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Quote:
Originally Posted by Exhibitman View Post
The truth is that any of us would go into debt to buy a card if the deal is right. I'd happily draw down a $100,000 HELOC to get a T206 Wagner because I could flip it for a large multiple. Now, if you qualify it with provisos like I cannot flip it or it has to be purchased "at market value" (whatever that is; a whole other debate), then the deal doesn't make sense and my answer is "no". I would only go into debt to make money.
Exactly!

What's the card, and what's the deal on it. A valuable card at a crazy price? Yes, I probably would.

Any card at full current retail? Nope.


I was discussing hobby stuff with another collector and we got to talking about some hobbies having things that might be "needed" especially for an exhibit, but that are well out of range in price. He said that going into debt for a collection separates a serious collector from an advanced collector. (Assuming a lack of extreme wealth, which some have had in any collecting field. )
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