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Old 04-30-2016, 01:52 PM
ashes13 ashes13 is offline
Jay D Wi.ley
 
Join Date: Jan 2016
Posts: 39
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"end in tears?" For who? For anyone paying $100,000 for a baseball card, if that same card drops by half to $50,000, that buyer/investor/collector sheds no more tears than you if you buy a $10 common and it drops to $5. Its all relative. $100k is pocket change for someone paying that for a Ruth or Mantle. Just like $10 is pocket change for someone else buying a $10 beater t206. Call them investors/collectors/flippers, it doesnt matter, the folks paying these prices have net worths in the tens of millions (if not hundreds of millions or billions) so if the bottom falls out on their high end cards, it doesnt matter. Who knows how many Mark Zuckerbergs are hitting their 30s and 40s and have made so much money in tech stocks that they couldnt even possibly spend it all if they tried. Maybe they like sports and baseball cards and can afford to pay obscene prices. Why not buy a $500k Ruth rookie to go with their $50 million yacht.
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