Money in the hobby

[obcbobd]

Originally Posted by wondo

Bring it back to baseball cards...

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.

[hangman62]

I still think its dumb to spend big money on baseball cards

[Dpeck100]

Originally Posted by hangman62

I still think its dumb to spend big money on baseball cards

I get the feeling this guy disagrees with you.


https://www.psacard.com/psasetregist...shedset/114624

[mark evans]

A beautiful Joe Jackson.

And, Elvis deserved all the adulation he got, easily.

[AGuinness]

Originally Posted by mark evans

And, Elvis deserved all the adulation he got, easily.

And I believe Lennon is even quoted, "Without Elvis, there would be no Beatles."

[Snapolit1]

Elvis' body of work hasn't stood up well over time. I will stick by it. He was revolutionary for his day but his music hasn't stayed prominent.

[Billy5858]

Originally Posted by Snapolit1

Elvis' body of work hasn't stood up well over time. I will stick by it. He was revolutionary for his day but his music hasn't stayed prominent.

+1 ....if he was still alive he would have
been playing Vegas to the retirees not
the Coachella Fest like some of the bands
that still matter do.
Note: He'd be 82 so probably not playing anywhere

[Peter_Spaeth]

Originally Posted by Snapolit1

Elvis' body of work hasn't stood up well over time. I will stick by it. He was revolutionary for his day but his music hasn't stayed prominent.

What does that mean, hasn't stood up well over time? What criteria are you applying? I will go with Rolling Stone's assessment if I need to go beyond my own opinion which is that he remains among the very few greatest rock singers.

[frankbmd]

Originally Posted by Snapolit1

Elvis' body of work hasn't stood up well over time. I will stick by it. He was revolutionary for his day but his music hasn't stayed prominent.

Is anyone collecting revolutionary hip-hop artists of 70s, or can anyone even name one that more than 2 in 10 would recognize?

In my opinion Elvis, the Beatles, James Brown and Motown will always have a place in music history long after folks stop googling "What da funk"

[Bicem]

Originally Posted by hangman62

I still think its dumb to spend big money on baseball cards

Most people would agree. Actually you could replace "big" with "any" and most people would agree.

[BeanTown]

Originally Posted by hangman62

I still think its dumb to spend big money on baseball cards

You could also replace baseball cards with Bats, Autographs, Photos, pennants, pins, etc... most would agree.

[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..

[Dpeck100]

I did a Google search on that Joe Jackson and I see it sold for 65k in 2015 via Heritage.

What is the estimate on value today?

[obcbobd]

Originally Posted by 1952boyntoncollector

Worrying about 30 years from now is a bit silly

I agree 100%, with the exception of saving for retirement. I would strongly recommend against having BB cards as a significant portion of your retirement portfolio if you are 35. For a short term, 5-10 years, I think they might be a pretty good investment.

[ls7plus]

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.

That's been a concern for many years in coins, Bob, and it simply hasn't happened with regard to the rare and significant, most desired examples at all. In addition, I was truly amazed at the number of young people at the 2015 National.

Larry