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#1
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Interesting topic, Seven... I am not surprised by your anecdotes about
modern "prospectors"; however, I am VERY glad I'm not one of them. Absent the notion of collecting actually to have fun (!!), I'll never understand why someone looking to invest would skip obviously successful cards, in favor of guys who have never been to the plate, or taken a shot, or thrown a football. Seems like I am affirming your opinion on this one. I have one anecdote that has stuck with me about this topic. About 30 years ago, I bought a box of baseball (can't even remember what company). The box cost maybe $20, and I pulled a Tim Salmon insert card. I took the card to a show a month later, and someone paid me $60 for the card. I bought a Hank Aaron card with that money Trent King
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#2
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Quote:
Thanks for your take on my post. I'll never for the life of me, understand it either. I will admit, I occasionally buy a modern box, just to rip open a few packs. Sure, cards today are more of a financial interest then they used to be, but I could never collect something I didn't like. I'll stick to my long retired players, when it comes to buying cardboard. The Tim Salmon story is perfect for this example. Salmon was certainly no slouch as a player. A solid, consistent contributor, that many Angels fans have come to adore. He is certainly, no Hank Aaron though! Do you still have the Aaron? Would love to see the card you bought, if you still have it! - James
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#3
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Let uneducated fools be fools. It's unavoidable.
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#4
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Aston martin terrible investment austin martin even worse lol
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#5
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This is Funny!
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#6
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To Seven (James)- I agree, once in a great while I buy packs or a box just
to rip open packs I no longer have the Aaron from the Salmon anecdote. He must have gone on to bigger and better things. Trent |
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#7
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Why on earth would anybody spend 50K on a 37th round draft pick out of college, who hasn't done anything of note in the minors.
Almost seems made up. About 10+ years ago, I filled up a decent sized storage locker with a vintage memorabilia buy from an auction house for a lot less then 50K...a looooooooot less. Made my money back many times over, and still sell stuff off from that buy on a regular basis. Last edited by D. Bergin; 02-11-2023 at 09:17 AM. |
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#8
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When some modern Lebron or Trout card sells for million's of dollars, what should we expect --yep they might open the right pack and hit the lottery so to speak--AH Please Keep the HYPE going!
Thanks Rockies for your Nolan Arenado plus Paul Goldschmidt?? Last edited by Directly; 02-11-2023 at 08:06 AM. |
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#9
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37th round out of HS which he didnt sign. Then in 2020 he was the #5 overall pick. Still dumb $ but he was a top guy. |
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#10
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I enjoy prospecting my Rockies (talk about a bad investment)
I enjoy it because they add to my collection and bring happiness. Regarding modern, I only collect what I enjoy, which is Rockies prospects and early Nolan Arenado cards. There is No Doubt the Modern Prospecting world is a house of cards and it will tumble to zero.. Penny stocks is a great comparison. Most go to zero over time and a rare needle in the haystack pops now and then. The investors are hoping for the needle, collectors are just building for future enjoyment. (And doing so within a reasonable budget for that collector) If that same guy in the story didn’t blow his 50K on a stupid purchase baseball card, he probably would have made a much better purchase with a non-fungible token of the same Austin Martin card. We can’t stop this and while I feel bad for all the people losing money they can’t afford....these are just hard lessons learned. Now, Go Rockies! Our PR team says we have a chance at .500 ball this year
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#11
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I'm in the category of buying the new, it sells, the key sell while the player are in hype speculation--my gig open the new, and sell for stupid prices--example--2019-20 Zion and Morant, 2020 Burrow and Herbert, 2022 Rodriguez, I've sold many new cards in the 500.00 range the list goes on and on every year, yep they could have bought a Mantle but not the big instant WOW hit $$$ return. A young buyer pulled a Jalen Green #10 RC graded a 10 sold for $3,000 and didn't think it was enough (?) out of a $15.00 pack so now he is hooked on the new like most younger speculators. I have put up many NEW unopened boxes ( probably too many) to cover the fascination of our younger generation buying habits.
Last edited by Directly; 02-11-2023 at 07:50 AM. |
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