Money in the hobby

[1952boyntoncollector]

Originally Posted by obcbobd

In the 1960s, almost no adults collected BB cards, T206s could be bought for pennies. Starting in the 70s, the number of people collecting cards increased, more so in the 80s and 90s.

However, the people no longer collecting cards (because they died) was almost non-existent. That is still the case as the number of people born in the 1920's or 30s who collected BB cards as adults was almost nil.

However 20 years from now, people born in the 50s and 60s, will start to die off. A much greater number of those people collected cards, so more cards, from their estates will enter the market. There will be less people buying, unless people born in the 90s and 00s take their place in equal numbers. This will result in a deflated market.

People still collect born in thei 70s and 80s..plus many of those are just starting to achieve big wealth. Lots of things lose value in 20-30 years or things we value now become obsolete People used to go and steal VCRs from peoples homes. Flat screen tvs used to be 20,000 dollars. Worrying about 30 years from now is a bit silly. 10 years from now a lot of things can change in life and worrying about cards wont be one of them. Ill worry about that stuff first.

Heck, in 10 years at least 10 people that posted today somewhere on net54 will announce to the world that they are getting out of the hobby only to not do that..