Opinions on the T206 Green Cobb

[Throttlesteer]

While I think the green Cobb is genuinely climbing, the recent trend seems to be more of a hype bubble. There is still a lot of supply and people are reacting to the big $$$ from TPAs. I think they will stabilize at some pont.

[egbeachley]

Originally Posted by Throttlesteer

While I think the green Cobb is genuinely climbing, the recent trend seems to be more of a hype bubble. There is still a lot of supply and people are reacting to the big $$$ from TPAs. I think they will stabilize at some pont.

Agree. Let’s see what happens during the recession late this year.

[bnorth]

Originally Posted by Bpm0014

A popular dealer at the White Plains show was confirming that there's a bunch of new players entering the hobby (mostly for investment interest).

I work for a bank. My best client is worth about $300 million. I was telling him about my collection. We are going to sit down next week to talk about some investments in high end cards. I'm just afraid he may be getting into it a tad bit late...

I would highly recommend getting him into cases of unopened junk wax era cards. Can they be worth any less than they are now?

Originally Posted by egbeachley

Agree. Let’s see what happens during the recession late this year.

I am really hoping for that recession with a big hit to the housing market. Looking to buy a beach front condo soon.

[Bpm0014]

Get him into type 1 original photos

I would love to! They are one of my main areas of focus...

[Frank A]

What's with the recession bullshit. Who says there is going to be one? Plus I thought political stuff was not to be posted on this site.

[Throttlesteer]

I'm still stuck on someone worth $300 mil trying to figure out another investment strategy. What on earth cant you buy for that kind of money that some baseball cards are going to make the difference??? Its their money, but I dont understand "needing" a new investment at that point.

[RedsFan1941]

Originally Posted by Frank A

What's with the recession bullshit. Who says there is going to be one? Plus I thought political stuff was not to be posted on this site.

a recession is not “political stuff” it is “economics stuff”

[Bpm0014]

I'm still stuck on someone worth $300 mil trying to figure out another investment strategy. What on earth cant you buy for that kind of money that some baseball cards are going to make the difference??? Its their money, but I dont understand "needing" a new investment at that point.

He's 71 years old. Played Division I college baseball in the ACC. He doesn't need any more money. He just loves baseball, and when I started to show him some of the Mickey Mantle and Ted Williams and Roberto Clemente and Hank Aaron and Willie Mays cards he became a bit nostalgiac....and wanted to learn more. His plan is to buy some ultra high end cards...hold them for a year or 2...and then see what the market is like. We have our eyes on a couple now.