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Old 05-02-2005, 06:18 PM
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Default How much money is out there?

Posted By: DJ

The $800 bag is long gone and I'm happy to say that. I am a collector but I'm also a realist. There will always come a point when you have to say 'it's time to let some stuff go'. Then you guys will start a thread here on 'The DJ Collection' (you bet those babies are getting slabbed with my name) and you can talk about how my Scrapps set is over $250,000 (this is the year 2060) and a thread will be started about how one person needs the Hanlon and another needs Welsh.

I may have to start a thread here shortly about what the loved ones in our lives think of our obsessions and why we can start a thread on beloved vertical cards and get excited to win a piece of paper.

I agree one hundred percent at some of the comments left after I left mine. I know a man who invested $3,000 on J.D Drew (L.A Dodgers slug) baseball cards and another person who thought they could retire on rare 'Beanie Babies'. I just can't take anything seriously as an 'investment' born into the market suddenly like this. What has happened to those who saw an upside on rookie cards of players like George Brett, Nolan Ryan, Reggie Jackson, Ken Griffey Jr. and weren't we paying like $500-800 for PSA9's of Mark McGwire in 1998? I think I saw one sell for $23 a few days ago on eBay.

The way I look at it is that there is so much demand in pre-war baseball cards because it's so limited and more people (more people with money) are discovering it. Not everyone can own a Ty Cobb T206 with a Ty Cobb back and I bet there are hundreds and hundreds that can afford one with only a small amount out there and everytime one goes up for auction, those waiting will get another shot and cause the price to rise more.

Either way, I hope the bubble does burst (not too much of a burst) so I can increase my rate of purchase.

DJ

P.S NO WAY IN HELL WILL I HAVE MY STUFF GRADED WITH A PERSONALIZED SLAB!

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