Something is Wrong With the World When This Happens

[packs]

I remember when that Patterson card was huge. Anyone else remember good ol' Toe Nash? He was labeled "The Natural" by Peter Gammons and his Bowman auto was going for hundreds of dollars before he even played a minor league game. Another huge bust was the Nomar Topps Traded. It's almost worthless now but man, it was huge.

[M's_Fan]

You have to understand the psychology of the participants in every speculative bubble. First, they always think "this time its different." Second, even if they realize they are in a bubble, they always think "I'll be smart enough to get off this train before it crashes."

Modern cards excite people BECAUSE of the volatility, just like some people get a thrill out of the rough and tumble world of currency trading and casino gambling.

If you look at it this way, you can see why the hardcore modern collectors play this game. Unfortunately, some newcomers to the hobby get mixed up in the hype and get burned, and never collect again.

[packs]

I would start investing in Pedro Alvarez of the Pirates

[timzcardz]

If anyone already said this here then I missd it, but some people are in this hobby, whether it be vintage or modern, just for the fun in collecting and don't look at it as an investment. As such, if you want the card, and you have the money, then you will pay the price.


Now, is there anyone here that can honestly say that they have never overpaid for a card?

Is there anyone here that can honestly say that they have never bought a card that later was less in value than they had paid for it?

We're all guilty of it.

It's just relative, and if you aren't struggling to feed your family because of it, then it really doesn't matter, unless of course, that other idiot outbid you and that is what really ticks you off!