Let's discuss conspiracies and a billion dollar fraud

[LuckyLarry]

One thing from the provided link. A 1959 Topps baseball card #58 Eddie Miksis sold for $3,605. Thats a ten cent card.
Larry

[ALBB]

If the whole hobby crashed, It would not bother me at all.
Im a lower grade/ for fun collector.
Been at it forever... have always collected for the enjoyment of it.
Yes, Ive occasionally spent over a few hundred bucks for a card, but if they all became worthless.. Id still enjoy it

[Ronnie73]

Originally Posted by ALBB

If the whole hobby crashed, It would not bother me at all.
Im a lower grade/ for fun collector.
Been at it forever... have always collected for the enjoyment of it.
Yes, Ive occasionally spent over a few hundred bucks for a card, but if they all became worthless.. Id still enjoy it

Hopefully that doesn't happen but it wouldn't hurt me much either. Too many have turned cards into shares of stock. PWCC didn't help when they started their Investment Market Indices seen here https://www.pwccmarketplace.com/market-indices.

[Elderwood17]

Originally Posted by ALBB

If the whole hobby crashed, It would not bother me at all.
Im a lower grade/ for fun collector.
Been at it forever... have always collected for the enjoyment of it.
Yes, Ive occasionally spent over a few hundred bucks for a card, but if they all became worthless.. Id still enjoy it

I am a low grade collector as well, but still would have a bit of angst if it totally crashed. I do feel though that the premium being paid for the 9s and 10s has been a bit crazy, but if that pops it may not impact the mid or low grade cards that much.

[Ronnie73]

Originally Posted by LuckyLarry

One thing from the provided link. A 1959 Topps baseball card #58 Eddie Miksis sold for $3,605. Thats a ten cent card.
Larry

Exactly!! That's the main reason I posted this collecting tip. "Learn to not factor in grade when determining rarity". It's just not a rare card. It's hard to say who's at fault the most. The graders, the trimmers, or the people buying and selling these cards and driving the prices up. Some may be upset with me for saying the buyers and sellers but here's a perfect example.. There are certain cards I hoard and I've single handedly driven up the price on them. When another card comes up for sale, I have to pay much more for it. It's totally my fault. But it's my choice and I'm not doing it to make money.