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#1
11-13-2025, 10:47 AM
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Collectable lawsuit
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Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading. 
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#3
11-13-2025, 11:00 AM
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Quote:
__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading.
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#4
11-13-2025, 11:42 AM
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Quote:
https://www.psacard.com/articles/articleview/9717/collector-profile-passionate-investor-interview-justin-cornett
__________________
"When the seagulls follow the trawler, it's because they think sardines will be thrown into the sea. Thank you very much." -Eric Cantona
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#5
11-13-2025, 11:54 AM
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Yet another life lesson from the Simpsons…got more than bargained for.
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#6
11-13-2025, 12:07 PM
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Hard to imagine anything less satisfying than investing in a collectible you'll never touch ... except to then also get ripped off.
__________________
__________________ • Collecting Indianapolis-related pre-war and rare regionals, Jim Thorpe, and other vintage thru '80s • Successful deals with Kingcobb, Harford20, darwinbulldog, iwantitiwinit, helfrich91, kaddyshack, Marckus99, D. Bergin, Commodus the Great, Moonlight Graham, orioles70, adoo1, Nilo, JollyElm, DJCollector1, angolajones, timn1, jh691626, NiceDocter, h2oya311, orioles93, thecapeleague, gkrodg00, no10pin, Scon0072, cmoore330, Luke, wawazat Last edited by Brent G.; 11-13-2025 at 12:19 PM.
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#7
11-13-2025, 12:19 PM
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Definitely doesn't make me feel excited about anyone holding onto my stuff. Or buying a fractional interest in stuff, and hoping that the custodian will remain solvent and motivated to take good care of the stuff.
__________________
Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel
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#8
11-13-2025, 12:24 PM
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Quote:
__________________
Be sure to subscribe to my YouTube Channel, The Stuff Of Greatness. New videos are uploaded every week... https://www.youtube.com/@tsogreatness/videos
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#9
11-13-2025, 12:59 PM
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Which is a worse "investing" idea - fractional collectible shares or NFTs?
__________________
_ Successful transactions with: Natswin2019, ParachromBleu, Cmount76, theuclakid, tiger8mush, shammus, jcmtiger, oldjudge, coolshemp, joejo20, Blunder19, ibechillin33, t206kid, helfrich91, Dashcol, philliesfan, alaskapaul3, Natedog, Kris19, frankbmd, tonyo, Baseball Rarities, Thromdog, T2069bk, t206fix, jakebeckleyoldeagleeye, Casey2296, rdeversole, brianp-beme, seablaster, twalk, qed2190, Gorditadogg, LuckyLarry, tlhss, Cory, zizek
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#11
11-13-2025, 01:36 PM
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Quote:
__________________
Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel
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#13
11-13-2025, 02:59 PM
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Quote:
__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading.
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#14
11-13-2025, 03:09 PM
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Wasn't it Even M. who started Collectable?
__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading.
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#15
11-13-2025, 04:11 PM
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Quote:
__________________
_ Successful transactions with: Natswin2019, ParachromBleu, Cmount76, theuclakid, tiger8mush, shammus, jcmtiger, oldjudge, coolshemp, joejo20, Blunder19, ibechillin33, t206kid, helfrich91, Dashcol, philliesfan, alaskapaul3, Natedog, Kris19, frankbmd, tonyo, Baseball Rarities, Thromdog, T2069bk, t206fix, jakebeckleyoldeagleeye, Casey2296, rdeversole, brianp-beme, seablaster, twalk, qed2190, Gorditadogg, LuckyLarry, tlhss, Cory, zizek
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#16
11-13-2025, 05:13 PM
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It's hard to cheat and honest man
__________________
"Trolling Ebay right now" © Always looking for signed 1952 topps as well as variations and errors
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#17
11-13-2025, 05:19 PM
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I got swept up in fractional Ownership for a while. Not crazy money like in this article - but a good $10k or so. Then about 8 months later i said “what the HELL am I doing”? So I dumped everything at about break even. For this exact reason.
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#18
11-13-2025, 05:29 PM
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Hey, anyone want to invest in a gold venture? Someone can create an investment fund for gold, then all the money people put in will go to buying that metal. Then in 5 years when things are looking good, everyone can start trying to collect on their investment.
Uh, I'll buy physical gold rather than invest in a potential scam. Same would be true for cards/memorabilia. Buy it to hold it. Not get ripped off down the line. Does anybody know how much the memorabilia increased in value before this sham/scam was outed? Would it have netted a nice profit? . . . .
__________________
fr3d c0wl3s - always looking for OJs and other 19th century stuff. PM or email me if you have something cool you're looking to find a new home for.
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#20
11-13-2025, 05:41 PM
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Looks like Even was an early investor.
You are here: Home / Business/Industry News / Sports Memorabilia Industry News / Collectable Raises Over $500,000 for New Sports Collectible Marketplace Collectable Raises Over $500,000 for New Sports Collectible Marketplace November 29, 2018 By Rich Mueller Collectable, a Boston-based technology company that brings together historical and real-time pricing data from sports memorabilia auctions, has acquired seed funding to launch a new peer-to-peer marketplace. Seed-round investors include Evan Mathis, a former Super Bowl champion NFL player and avid collector, Jason Epstein, co-founder of CastleRock REO, and Larry Richmond, founder of AVATAS Payment Solutions and a dealer of high-end sports and historical memorabilia.
__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading. Last edited by Peter_Spaeth; 11-13-2025 at 05:42 PM.
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#21
11-13-2025, 06:39 PM
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Yes, it was started by Ezra Levine. At the time, he was on various panels and with a booth at the National touting the fractional model. They presented pretty slick investment talk and had a number of collectors, appraisers, etc. involved.
Keep in mind Joe Orlando worked there for a short while after leaving PSA, and before going to Heritage. I am a pretty savvy investor with my money, but I have to admit I got caught up in the hoopla and invested several thousand dollars.
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#22
11-13-2025, 07:51 PM
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I spoke to some collectors who were in negotiations to sell items to the company and quickly realized it was not a good business plan from the get-go. From my post in 2023:
"The deal structure to get these items overvalued most of them in the first place. They had to. The only way they lured owners of valuable items to go with them rather than sell with an AH was to give the seller a substantial cashout and a chunk of the float. It is the same thing that has brought down more than one auction venture: if the cash advance is too large and the item underperforms, good luck in getting the money back from the consignor. The fractional interest model counted on a market for these shares that would generate commissions, but it turned out that people who like to trade baseball cards don’t like to trade shares in them. No one was trading. When prices stopped rapidly escalating on the securitized items, the nascent market for these shares locked up tighter than a bullfrog’s butt. This is not to say that securitization cannot work and is not something that will be tried again. The securitization of cards was an interesting idea, just badly executed. The financial model was based on a bet on continuous and rapid price increases on the assets that would fuel both profitable sales and a vigorous trade of the shares on its internal market. When the pace of gains sputtered, the flaw in the model was revealed. There have been successful securitizations in other fields (notably, music catalogs) but those rely on an existing owned asset that generates income being turned out to investors, not on a flipping model of the asset itself. If a flipping model is to work the asset has to be obtained at an extreme discount to current market so that it can weather a lull or downturn. To go on the market and buy something in the hope it will soar and pay off quickly enough to keep the investors from forming a lynch mob, that would be a foolish and risky bet on a set of atypical circumstances. In other words, quintessentially American." Another lesson to draw from this is that when the value of an investment is 100% a function of an asset's liquidation value, there has to be something done to prevent whoever controls the asset from using it or stealing it.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 11-13-2025 at 07:58 PM. Reason: uickly
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#23
11-13-2025, 07:56 PM
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Call me crazy but if I cannot single handedly own a physical item that I want all by myself I dont want it!
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#24
11-13-2025, 08:00 PM
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They can call it whatever they want to, but that is not collecting.
__________________
"When the seagulls follow the trawler, it's because they think sardines will be thrown into the sea. Thank you very much." -Eric Cantona
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#25
11-13-2025, 09:35 PM
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Quote:
__________________
Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible! and Facebook: https://www.facebook.com/thecollectorconnectionauctions
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#26
11-13-2025, 09:51 PM
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Quote:
__________________
'Integrity is what you do when no one is looking' "The man who can keep a secret may be wise, but he is not half as wise as the man with no secrets to keep”
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#27
11-14-2025, 03:13 AM
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Quote:
Brian
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#28
11-14-2025, 12:18 PM
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Quote:
Building in a monthly/yearly platform custody fee would have been the proper way to do this, although it would have made the 'investment' proposition a lot more stark.
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#29
11-14-2025, 12:20 PM
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Wasn't Collectable the site that built up the value on the over graded Balt News Ruth? I think they sold around 1% of the card and got the valuation to 10 mil and unleashed it into the auction world. We all know what happened next for the winner and the losers.
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( h @ $ e A n + l e y
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#30
11-14-2025, 02:19 PM
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Quote:
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