The Dangers of "Prospecting" and its Impact on Vintage

[Seven]

Originally Posted by rjackson44

Aston martin terrible investment austin martin even worse lol

Octavio, that gave me a good chuckle. Couldn't agree more.

Originally Posted by Gorditadogg

Sure, vintage cards are safer than modern. Your cards' prices won't go up or down by as much.

If you are in the hobby to make money, though, you are still speculating. The fact is that for cards to have more value, more people must want to buy them. The question is, as us old farts die off and the new modern collectors lose interest and go away, who will that be?

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I think there are enough younger people involved in the Hobby, especially on the vintage side that will keep it strong. The overwhelming majority of my collection, was either long retired or dead by the time I picked up their cards. Hell, Mickey Mantle, my main collecting interest, retired 25 years before I was born! When you're regaled with stories of Aaron, Mantle and Koufax in your childhood, you end up wanting to collect them!

[Gorditadogg]

Originally Posted by Seven

I think there are enough younger people involved in the Hobby, especially on the vintage side that will keep it strong. The overwhelming majority of my collection, was either long retired or dead by the time I picked up their cards. Hell, Mickey Mantle, my main collecting interest, retired 25 years before I was born! When you're regaled with stories of Aaron, Mantle and Koufax in your childhood, you end up wanting to collect them!

Good for you! I hope you convince your friends to be collectors too. Here's a modern Mantle to help bridge the gap.

[Seven]

Originally Posted by Johnny630

Steven, it’s like a penny stocks impact on mega-cap blue-chip dividend aristocrats. The good major big names, Ruth, Jackie, Mantle, and Mays 50’s and earlier quality high-end vintage aren't going down.

ZERO IMPACT

I don't think there's necessarily zero impact. I think the people that want to stay in the Hobby, will do so, just go more into the vintage side of things once the modern market falls flat. I think we see vintage, stagnate for a small while. I do agree I certainly don't think the value of it goes down. But I think for the next few years, outside of the Cobbs, Ruths, and Mantles of the world, I can't see it climbing much higher. But I of course could be wrong.

Originally Posted by Gorditadogg

Good for you! I hope you convince your friends to be collectors too. Here's a modern Mantle to help bridge the gap.

I wish more of my friends collected! Very few do. Though I have one, that loves the memorabilia side of the game!

[butchie_t]

Here is my take: When prospecting, you never dig for young, you dig for old and go for the gold.

JMHO

[ALR-bishop]

Dig in a mine