NYT: 20 Million Cards: A Sports Memorabilia Gold Mine Uncovered in Virginia

[Lorewalker]

There is such thing as too much of a good thing. I would find this to be nothing but overwhelming. Based on the excerpts below it sounds like the collection is far from junk however I am certain there is plenty of that there. Joe Marrs is a part of Collectors.

Joe Marrs, an independent appraiser of card collections based in Chicago, visited Banazek’s acquisition in 2022. It’s not unusual for private individuals to quietly amass enormous stockpiles over decades in the hobby, he said. Still, he had never seen anything like the collection in Virginia.

“The sheer magnitude was just crazy,” Marrs said. “Within the last six months, I saw a collection that was probably 200,000 cards, which was maybe 60 or 70 of those white boxes. That was a very large collection. A really, really big collection might be a million cards, and this one is 40 times that or something. It’s just incomprehensible.”

Marrs said placing a value on the collection was difficult because of the possibility that some rare, extremely valuable cards could be lurking somewhere. “You have to factor that in,” he said, adding that $5 million was a conservative estimate, based on what he had seen.

[Leon]

That's a lot of cards. I think there are many more scenarios like this waiting to happen too.

And one of my favorite player action shots from the 50s...


.

[Hankphenom]

Is this the equivalent of hoarding, which in its extremer forms seems pretty clearly to be a mental illness related to some kind of childhood deprivation? We have all seen examples of where collecting as a hobby can take on more of an obsessive/compulsive nature if we're not careful or have that mindset. Trying not to be judgemental here, but what would possess someone to just keep filling shelf after shelf with duplicates, or unopened boxes of stuff that he knows will never have much value, etc. I don't get it. Does it say in the article what his motivation was in accumulating and making storage for such an enormous stash of cards? Was it money, did he hope to cash this stuff in one of these days, or he just liked buying more and more, or what?

[bk400]

Originally Posted by Hankphenom

Is this the equivalent of hoarding, which in its extremer forms seems pretty clearly to be a mental illness related to some kind of childhood deprivation? We have all seen examples of where collecting as a hobby can take on more of an obsessive/compulsive nature if we're not careful or have that mindset. Trying not to be judgemental here, but what would possess someone to just keep filling shelf after shelf with duplicates, or unopened boxes of stuff that he knows will never have much value, etc. I don't get it. Does it say in the article what his motivation was in accumulating and making storage for such an enormous stash of cards? Was it money, did he hope to cash this stuff in one of these days, or he just liked buying more and more, or what?

Well, it's definitely quirky, if you want to put it charitably. All I'll say is that he has a very supportive wife.

[bnorth]

Originally Posted by Hankphenom

Is this the equivalent of hoarding, which in its extremer forms seems pretty clearly to be a mental illness related to some kind of childhood deprivation? We have all seen examples of where collecting as a hobby can take on more of an obsessive/compulsive nature if we're not careful or have that mindset. Trying not to be judgemental here, but what would possess someone to just keep filling shelf after shelf with duplicates, or unopened boxes of stuff that he knows will never have much value, etc. I don't get it. Does it say in the article what his motivation was in accumulating and making storage for such an enormous stash of cards? Was it money, did he hope to cash this stuff in one of these days, or he just liked buying more and more, or what?

Hoarding could be the problem or just someone hoping to cash in or a combo of both. All I know is I would absolutely love to be able to spend the insane time it would take to go through and look at all those cards one by one.

I had a card hoarding problem for a while. From the time I got into cards in the 80s I loved buying, selling and trading cards. I would buy huge collections and sell the best stuff to get all my money back and then keep the rest. After around 15 years I had build up an entire room full of cards. I had easily 5+ million cards and most had little to no value. That is when I decided I no longer enjoyed the selling part. I moved 4 times since then and moved them from house to house. Finally around 6-7 years ago I said this is crazy and went through most of it and now have a very small percentage of that left. It was really fun going through the cards and getting rid of all the worthless junk. Funny and bad part is all the stuff that was considered junk that I burned/gave away was easy to sell during the covid era.

[butchie_t]

Wow, How many of those cards have cardboard worth more than the image printed on them?????

[butchie_t]

You still did the right thing. I had a lot of junk cards too. It was very cathartic to weed through them all, keeping the marginally more valuable cards and ditching the rest. Not to mention the fact that it freed up space and weight when we moved a couple of years ago.

Now I am much more streamlined and un-encumbered by all the crap cards.

Originally Posted by bnorth

Hoarding could be the problem or just someone hoping to cash in or a combo of both. All I know is I would absolutely love to be able to spend the insane time it would take to go through and look at all those cards one by one.

I had a card hoarding problem for a while. From the time I got into cards in the 80s I loved buying, selling and trading cards. I would buy huge collections and sell the best stuff to get all my money back and then keep the rest. After around 15 years I had build up an entire room full of cards. I had easily 5+ million cards and most had little to no value. That is when I decided I no longer enjoyed the selling part. I moved 4 times since then and moved them from house to house. Finally around 6-7 years ago I said this is crazy and went through most of it and now have a very small percentage of that left. It was really fun going through the cards and getting rid of all the worthless junk. Funny and bad part is all the stuff that was considered junk that I burned/gave away was easy to sell during the covid era.

[Yoda]

A deep psychological need for sports cards...........lots of sports cards. Credit to John Wick.

[Balticfox]

Originally Posted by Hankphenom

Trying not to be judgemental here, but what would possess someone to just keep filling shelf after shelf with duplicates, or unopened boxes of stuff that he knows will never have much value, etc.

To me it's not about the "value". That's not the question in my mind. I don't understand why someone would buy cards and then leave them unopened/untouched. It takes organizational effort to turn a hoard of cards into a collection. And if he didn't like cards enough to bother to put some effort into organizing them, what possessed him to buy them in the first place?

[Hankphenom]

Originally Posted by Balticfox

To me it's not about the "value". That's not the question in my mind. I don't understand why someone would buy cards and then leave them unopened/untouched. It takes organizational effort to turn a hoard of cards into a collection. And if he didn't like cards enough to bother to put some effort into organizing them, what possessed him to buy them in the first place?

Seems to me we're asking the same question: why?

[Hankphenom]

Originally Posted by Leon

That's a lot of cards. I think there are many more scenarios like this waiting to happen too. And one of my favorite player action shots from the 50s...

This will always be the greatest catch ever made, IMO, and thank goodness there is film. He looks back once over his shoulder, runs with his back completely turned for another 20 or 30 feet before the ball lands perfectly in his glove, puts on the brakes flawlessly and turns to make an incredible throw back to the infield. It's a catch I believe only Willie Mays could have made, and having his cap come off at just the right time makes it the GOAT for the ages.