Money in the Hobby

[barrysloate]

Originally Posted by frankbmd

You’re just spewing blab
If you ain’t got the slab.
Doo wa Doo wa Doo wa

You're correct Frank, it's all about the slab. It's the single most important innovation to our hobby since its popularity grew in the 1970's.

[BeanTown]

Originally Posted by barrysloate

You're correct Frank, it's all about the slab. It's the single most important innovation to our hobby since its popularity grew in the 1970's.

Completely agree with that Barry (Hi). I knew the hobby changed in the early 2000s when I saw a couple of dealers using two price guides. I asked them why, and one told me they buy with the SCD guide and then they sell using the SMR as how they think the card should grade.

The Blue Chip cards (broad term) should hold their value no matter what state the market is in.

A question I've always had is how many "Whale" collectors are in the hobby. Many public and private buyers out there regardless of what generation they belong to. So, when they buy a card will it ever see the market again? There are some massive collections out there. So, when money isnt the issue with the entire family, where do the collections end up?

[Peter_Spaeth]

Originally Posted by barrysloate

You're correct Frank, it's all about the slab. It's the single most important innovation to our hobby since its popularity grew in the 1970's.

The slab don't mean zip
If it ain't got that flip