Percentage of Net Worth

[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.