How does a 19 year old have $1,500 in 1972?

[hunterdutchess]

Mastro is the man! Not only does a 19 year have $1,500 in 1972 but instead of spending it on booze, cars, or a chick he buy's a t206 Wagner!
http://cgi.ebay.com/TRADER-SPEAKS-Oc...d#ht_505wt_900

[Bilko G]

freaking awesome!!!!!!!!!

[prewarsports]

As good as that sounds from an investment standpoint, there is a TON of stuff you could have bought 40 years ago and made way more money than that Wagner card. Just a simple investment of $1500 in a mediocre stock portfolio that you dont touch for 40 years probably does better. Not to dimish the Wagner story, it is cool and I like it, but sometimes people forget the time value of money when reading stories like this.

On the flip side in 1995 when I was 19 years old I was investing heavily into Steve Finley cards thinking he was the man. I am glad that "heavily" for me meant about 50 bucks! Anyone want to buy a bunch of 1989 Bowman Glossy cards?

[39special]

I don't have $1500 in 2011!!

[vargha]

Better value performance than a 1972 Ford Pinto, that's for certain.

[fkw]

I wonder how many T208, T211, T214, T215, etc. cards you could have got back then for $1500?

[Gradedcardman]

In 1984, I was 17 and had been collecting T206's for about 5 years. I received a phone call that a Magie was available for $1000. Along with the Magie was another 20-25 HOF'S available. I scraped up the $1000 and then traded a 1965 set and a partial 1953 Bowman set. One of the most incredible days of my collecting life making that deal !! Boy have times changed !!

[E93]

When I was 12 years old in 1979 I inherited $3000. Coincidentally I saw an ad right around that time advertising a T206 Wagner for $3000. I think the ad was in CPU (Card Priced Update). I tried desperately to convince my parents to let me spend my inheritance on it. They just thought I was naive little kid who did not understand. Hmmm....
JimB