Thread: PSA 1 Fr-Pr
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Old 06-23-2005, 05:02 PM
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Default PSA 1 Fr-Pr

Posted By: jay behrens

Adam, impressive collection for a 24 y.o., but at 24 I had a collection that would have put your's to shame. And it was almost all vintage cards. And no, I do not have that collection anymore.

There really is no point in arguing over what is the best way to invest. Each person needs to decide what they are comfortable with. I haven't seen anything you've listed in your collection that warrants a $100k valuation. My insurance agent told be to insure my collection for $25k even though it might be worth $10k at most. Insured value and real value are two very different things.

Just to give you an idea of what kind of money can be made on "crappy" cards, Since I returned to the hobby in 2002 I have maticulously tracked the purchase and sale price of every card I've owned. I currently have 208 cards in my collection, including the m101-5 Thorpe and 30 HOFers including Ruth, Gehrig, Cobb, Matty, Johnson and others. Most of my "commons" are players from tough sets like Old Mill, Contentnea, etc. Total cost to date, subtracting sales from purchases is $1489.36. Guess those beat up, crappy old cards aren't worth buying at all.

Jay

My place is full of valuable, worthless junk.

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