Quote:
Originally Posted by Yankeefan51
As in most collectible fields, the best of the best holds it own, even in a declining market. There are several reasons for this (1) rarity (2) the market is targeted to the top 5% of the collecting community (3) Wealthy collectors are more selective in their buying habits.
Bruce Dorskind
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Bruce- I agree with a lot of what you have said in this thread but I disagree with this statement. Although some of the people paying nose bleed prices are collector/inverstors, many are simply investors. I don't consider these individuals "the top 5% of the collecting community." Also, I disagree, emphatically, with the comment that wealthy collectors are more selective in their buying habits. Some of the most selective collectors are those with budgets and knowledge of card prices and card issues, not just guys with plenty of money to throw around and buy whatever strikes their fancy. I guess that's where you and I will always respectfully disagree: I believe the "top collectors" are those who share their knowledge, give back to the hobby, who collect the pieces of cardboard for more than just the value of the cards and enjoy and cherish the hobby and not just who has "the most toys and the most money."
tbob