A good combination of the two types of collecting can be a very good thing. There's nothing wrong with wanting cards of your favorite players in verifiable mint condition. Personally, I love anything from beater to midgrade, except with modern cards(late 70's or so-current). They definitely have to be NM or better.
To me though, someone who pays $1000+ on a gem 10 common might need some therapy. But then again, we're looking at many different collections, with many different interests, and many different financial capabilities on this board(or in the hobby in general). None are right, and none our wrong, because at it's core we all love baseball cards, just in different ways, and for different reasons. To some, $1000 on that common is the equivalent of me paying a buck or two for a beater. So there's no point in judging people's intents in regards their collections.. To each their own. We're not here to compete.
However, there are some people that really don't get it. And to that extent, I have to agree with Jim.
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