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Originally Posted by Balticfox
Yes on those points I agree.
Why would anybody have cared about the "value" of the bubble gum cards we kids were buying from 1959-65 when they had no value at the time?
True. But that didn't happen until many years after I stopped buying cards as a kid.
I was born in early April 1952. While some adult somewhere may have been willing to pay a few dollars for certain select tobacco cards prior to that, I'd be very surprised if you could identify any kid at the time aware of any of these cards.
Those cards had no value because they had no value at the time! You can't transpose future values back into the past. That's a mistake. Any market participant will tell you timing is everything.
I was simply making the point that my/our experience back in the day was very much different than the experience/behaviour of present day kids (or kids since the late 1980's). We happily bought and collected bubble gum cards with no thought as to their value (primarily because there was no value). We did it simply because we liked baseball and the cards looked, smelled and felt cool. You can't say that my statement was incorrect because we would have paid attention to the value had there been any. We simply didn't. I said only that. Case closed.
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Cards most certainly had value in the 50s and 60s. That's a fallacy. Cards had value in the 10s and 20s. This idea that cards didn't have value back then is a recent allegation, not supported by facts. It's usually people who were kids at the time who were oblivious to that value. Kids today just have much more awareness of it. In the 80s, beckett published a massively popular magazine with prices that every kid had. Now, kids hold the internet in their pockets. They have more information than you did in the 50s. But again, you not being aware of something doesn't make it not real. But make no mistake, cards had value in the 50s. And had you been aware of it, you would have cared just the same as kids today.