I feel sorry...

[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.

[HOF Auto Rookies]

Originally Posted by Runscott

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

I figured what you meant lol even $10 moderns can do down in a blink of an eye


Sent from my iPhone using Tapatalk

[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 JimStinson

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

I hope you are getting mustard Whoppers - that mayonnaise is nasty.

[Tom Hufford]

Every one of us who ever won anything in an auction paid more than anyone else on the planet (who knew about the auction) thought it was worth (or could afford to pay). So, should any of us really expect to make a profit on anything we win at auction, if we have already outbit the market?

I notice this Kris Bryant card is number 5 of 5. Wanna bet that numbers 1, 2, 3, and 4 added together don't bring half what this one will sell for?

[RichardSimon]

Originally Posted by JimStinson

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

Isn't he the white sheep of the Kobe Bryant family?

[JimStinson]

Rich, Look at this photo and imagine the guy without the baseball cap and tell me it does not look like the same guy !!!
Plus they are both running from SOMETHING which automatically makes me suspicious
___________________
jim@stinsonsports.com

Vintage autographs for sale on my web site
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.