I'm at 513; started collecting in 2000 and collected off and on since then. Most of my set is low grade (you can see it in my sig); never considered stopping collecting, but I did stop looking for cards a couple times for more than a year over the past decade. I've collected mainly by price - I know how much I'm willing to pay for each particular card, and won't go $1 over; although it seems I'll eventually need to bump up how much I'll pay for the last 2 Cobbs I need.
T206 is a nice gateway set - I like it a lot and still hope to get to 518 (or 520 eventually), but I'm more excited about some other sets these days (Obaks, C46, T222 especially).
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