I feel sorry...

[Runscott]

Originally Posted by GrayGhost

Or if u want to buy sports stuff, get somethig that is a REAL investment, Mantle, Vintage ruth, etc. Clowns.

I agree with the other Scott - buy clown autographs: Schacht and Patkin autographs

[johnmh71]

Originally Posted by Runscott

I agree with the other Scott - buy clown autographs: Schacht and Patkin autographs

It may be a better investment in the long run.

[sbfinley]

Winner will almost certainly be a repack company like Leaf or the hobby shop out of CA that produces their own repackaged product. They will use it to headline their next product issue and almost certainly make a solid profit. The card will almost certainly be pulled in group break (like its seems Net54 will get into soon) and that person will only be into a card with a previous five figure sale only a fraction of that price. Not to mention the coin the person who pulled the card is looking at. I wouldn't ever personally pay that much for a card of someone who doesn't even have a MLB at bat yet, but I'm hesitant to label it stupid when at least four parties (probstein included) stand to profit in the near future.

[HRBAKER]

I don't know, investing in Cubs has always been a strong long term play.

[Bored5000]

Originally Posted by sbfinley

Winner will almost certainly be a repack company like Leaf or the hobby shop out of CA that produces their own repackaged product. They will use it to headline their next product issue and almost certainly make a solid profit. The card will almost certainly be pulled in group break (like its seems Net54 will get into soon) and that person will only be into a card with a previous five figure sale only a fraction of that price. Not to mention the coin the person who pulled the card is looking at. I wouldn't ever personally pay that much for a card of someone who doesn't even have a MLB at bat yet, but I'm hesitant to label it stupid when at least four parties (probstein included) stand to profit in the near future.

That is largely how I look at it as well. Modern cards aren't my thing at all, but I am reluctant to call someone speculating on one or buying one "dumb" or "stupid." People can spend their money on whatever they want. To a very large segment of the population, spending $10K on any baseball card -- pre-war or modern -- would be "dumb" or "stupid."

Sure, pre-war cards hold their value better than flavor of the month modern cards. But a collector can also lose his shirt on a $10,000 individual pre-war card as well.

[Runscott]

Originally Posted by Bored5000

That is largely how I look at it as well. Modern cards aren't my thing at all, but I am reluctant to call someone speculating on one or buying one "dumb" or "stupid." People can spend their money on whatever they want. To a very large segment of the population, spending $10K on any baseball card -- pre-war or modern -- would be "dumb" or "stupid."

Sure, pre-war cards hold their value better than flavor of the month modern cards. But a collector can also lose his shirt on a $10,000 individual pre-war card as well.

A couple of big differences I see: for a collector to lose his shirt on a $10K pre-war card, he has to get caught up in a bidding war that is emotional (most $10K pre-war cards have fairly well established values that are stable for longer periods). A speculative $10 modern card can lose its value really quickly.

The second difference is the collector/dealer relationship. I could certainly be wrong about this, as I am not involved in modern cards, but my guess is that dealers are generally going to dump the high-priced modern speculative cards quickly, while they have high 'value'. In other words, much more likely that the collector gets caught without a chair, than with collectors of pre-war stuff. Basically, dealers of modern stuff are turning it over more quickly because they know it's more dangerous to hang onto things. I also suspect there are more collector/dealer types with prewar, whereas with modern there are probably a lot of straight dealers.

[HOF Auto Rookies]

Originally Posted by Runscott

A speculative $10 modern card can lose its value really.

This is it right here, Bryant steps out of the box wrong, can't avoid a pitch or what not, career could be done and that $10k card is now in a $20 bin.


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[Runscott]

I meant $10k card, not $10...whoops.

[johnmh71]

Originally Posted by Bored5000

Sure, pre-war cards hold their value better than flavor of the month modern cards. But a collector can also lose his shirt on a $10,000 individual pre-war card as well.

Seriously? I beg to differ based on the last 30 years of card collecting. The only way you can lose your shirt on a $10,000 pre-war card is if you paid way more than it was worth. It isn't going to go down in value.

[Bored5000]

Originally Posted by johnmh71

The only way you can lose your shirt on a $10,000 pre-war card is if you paid way more than it was worth.

That is a pretty huge caveat. You can't lose money unless you pay more than something is worth. LOL Assuming there is no shilling going on, a card is worth what someone is willing to pay in an honest auction at that point in time. Of course, I know that pre-war cards hold their value far better. But there seems to be a lot of angst in this thread over how other people choose to spend their money or collect.

[JimStinson]

Who is Kris Bryant ? Looks exactly like the kid that just took by drive through order at Burger King
_____________________
jim@stinsonsports.com

[Runscott]

Originally Posted by Bored5000

But there seems to be a lot of angst in this thread over how other people choose to spend their money or collect.

I missed the angst. Maybe that's something that you are expect people to be thinking, but it's not really there - I doubt anyone cares how anyone else spends their money. In Cleveland, I got to see first-hand, all the kids AND grown-ups getting all excited about the new cards, digging through boxes and boxes of brand-new cards that had been, I guess, busted out of packs. It seemed like a great thing to me. I just am not knowledgeable enough to participate in the same searches, but I did wonder what it would take to gain that sort of market knowledge.

[Bored5000]

Originally Posted by johnmh71

The only way you can lose your shirt on a $10,000 pre-war card is if you paid way more than it was worth. It isn't going to go down in value.

I am a Thorpe fan, so I kinda follow most of his major cards when they come at auction. One of the big price drops I remember just off the top of my head was a Thorpe M101-4 that sold for $44K at REA in 2008. The exact same card then sold for $14K just three years later at Memory Lane. I would consider that "losing your shirt." Certainly, pre-war cards are far, far more likely to hold their value or increase in value. I would never argue otherwise. But there is no guarantee of that.

http://www.cardtarget.com/cgi-bin/gm...dID=2013570207

[Michael B]

No opinoin on someone spending that type of money. It is their prerogative. The card itself is such a horrible photoshop job. I cannot tell if they put his face on someone elses body, or if they dropped an oversized Cubs helmet on top of his image. Smiling while running to first - SERIOUSLY???. Plus, the jersey color looks too blue, almost cartoonish.

[johnmh71]

Originally Posted by Bored5000

I am a Thorpe fan, so I kinda follow most of his major cards when they come at auction. One of the big price drops I remember just off the top of my head was a Thorpe M101-4 that sold for $44K at REA in 2008. The exact same card then sold for $14K just three years later at Memory Lane. I would consider that "losing your shirt." Certainly, pre-war cards are far, far more likely to hold their value or increase in value. I would never argue otherwise. But there is no guarantee of that.

http://www.cardtarget.com/cgi-bin/gm...dID=2013570207

When I stated that it wasn't going to go down in value, I meant it wouldn't be worthless, which is where the Kris Bryant card may be headed some day. I wish the best of luck to whoever bought it.

[DHogan]

Ugly is only skin deep. Stupid goes to the bone. Especially on cards like that.

[packs]

No offense guys but Bryant hit 43 home runs this year across the top two minor league levels and hit .325.

That is a crazy price for a card of a guy who never played a major league game. But I have no idea what his looks have to do with anything. Gonna be hard to make any money paying that much though. Even if he does pan out.

Come on, some of you guys collect Honus Wagner. Talk about the ugly stick.

[w7imel]

For all we know his mother may have bought it, or another family member i mean really if you got that king of money 10 k isnt that much

[HOF Auto Rookies]

Originally Posted by w7imel

For all we know his mother may have bought it, or another family member i mean really if you got that king of money 10 k isnt that much

I hope they wouldn't pay 10k for their sons/grandson/cousin etc. autograph...


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