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Old 05-03-2005, 12:23 PM
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Default THE BIG BUYERS IN OUR HOBBY

Posted By: JimB

"you have to admit there are some who may not love the hobby and are just buying for investment purposes only"

I have never met such a person (a handful of dealers aside) in 25 years in the hobby. The way to acquire enough knowledge about cards and their value trends to make money on them as investments requires so much time that one would have to enjoy and love the cards to some degree to do it. Joe investeter from Wall Street doesn't say to himself, " I should pull my money out of the stock market and put it in baseball cards." Some collectors may think of the money they spend on their collections as potential investments in the sense that they are conscious that if they need to sell them at some point they may be confident that t he cards will retain their value or increase in value, but these are not people who are buying cards for "investment purposes only".
JimB

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