What card would you arrange financing to buy?
Interesting convo the other day among several long time collectors. I'm interested to know what this forum thinks...
Would you buy a card > $1,000 (or $10K, or whatever threshold you set) that you can't pay for in the near future, i.e. use a credit card or otherwise arrange financing, because the card is rare or its one you've always wanted in that particular condition or grade? If so, do you have any terms like, 1) must have the ability to pay off in six months, or 2) the interest rate must be below x%, or 3) its an item that you feel you can flip and make back all your money plus any interest?
Some have deeper pockets than others, but a few friends admitted to making payments for a long period of time to get their Cobb or Ruth or Jordan. Which card is the one you would honestly go into debt for? Not taking about some one time purchase from a desperate seller, but a card at fair market value. Any thoughts to share?
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Thanks for your thoughts, Joe.
Love the late 1800’s Boston Beaneaters and the early Boston Red Sox (1903-1918)!
Also collecting any and all basketball memorabilia.
Last edited by Dead-Ball-Hitter; 10-17-2022 at 11:50 AM.
Reason: Title
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10-17-2022, 11:44 AM
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