Percentage of Net Worth

[tkd]

A lot has changed since this post started. Outed signed card fraud, trimming, altering, and the pandemic.
With all of the stuff mentioned above have you changed what percent of your net worth baseball cards comprise?
Curious to know your thoughts

[ALBB]

interesting topic

For the guys who say that worth number is ..say above 60% +, shouldn't they keep in mind, we are talking about cardboard photos of ball players

You cant go to the bank and " cash in " whenever you want

Any type of $$ you attach to a baseball card..you have your price in mind...they guy whos buying it has another..and a dealer has a lower number..and an auction house might be worse

You might say.. well I got the T205 cobb, I got the turkey red Young, I got the complete 49 Leaf set, etc, etc.. that adds up to $125,000.

Can you cash out at that number quickly ? ????

[lowpopper]

ENTIRE NET WORTH is CARDS

[hysell]

Price wise . I have picked up over half of my vintage cards by trading or picking up some cards I can deal down the road , later for my pc .

[Exhibitman]

Well, given the way things have gone, I'd say my cards as a % of net worth have increased substantially over the last two months. Some collectors might not be watching it, but some sectors of the market have gone up substantially. For example, if you have a cache of early Michael Jordan cards (pre-1990) that you haven't given much thought to in a while, you may want to take a look, because they have been on a rocket ride. Similarly, PSA 10 RCs from the 1980s-1990s have been going up fast and hard over the last two months. Check out a PSA 10 UD Griffey price or (weirdly) a PSA 9 Topps McGwire. I know some of it, like the rocket ride of the MJ RC, is probably manipulated and that FOMO plays a role (as if it doesn't on the stock market ), but the numbers are there nevertheless. Vintage is doing well, too. I've sold some stuff lately that I never thought I would because the money was too big not to.

[packs]

I probably have just as much money in my savings account as I would if I sold every card I own.

The difference of course is this: I didn't pay anywhere near the total value of my collection when I bought it. I've been collecting since the mid-90s when I was ten years old. A lot of the cards I've managed to buy over the years came at STEEP discounts compared to what it would cost me to buy them today. And I continue to make incredible returns when I sell.