What's that term even mean?
one definition: "The theory or attitude that physical well-being and worldly possessions constitute the greatest good and highest value in life."
To some extent all collectors are materialistic about their collections, or they wouldn't be collectors. Now, do some people take it too far? Sure. Many a-holes in this hobby, as in most any other endeavor that attracts human beings. Many good, solid folks too.
The shoe analogy is not a good one. No consumer good is akin to a collector item. The best description of card collecting is a hobby that can also serve as a non-traditional investment.
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