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Net54baseball.com Forums - View Single Post - In today's economy, with reference to collecting, I am ...
Thread: In today's economy, with reference to collecting, I am ...
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Old 11-25-2008, 02:09 PM
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Default In today's economy, with reference to collecting, I am ...
Posted By: Martin

I agree - its time to be careful - there is still so much uncertainty in the economy.

I'm in a slightly different position to the other collectors on the board in that I live in England. The exchange rate between the pound and dollar has dropped 25% in the last 4 months. It means I'm now looking at PSA 3's instead of PSA 4's for my t206 set.

On the flipside it would potentially be a great time for me to sell. If I could obtain the same dollar value I paid for my cards over the last 3 years I would gain 20-25% profit (minus fees). However, I have no intention to sell except for a couple of duplicates that I have inadvertently picked up.

Martin

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