Something is Wrong With the World When This Happens

[docpatlv]

Tony,

I assume you're responding to my post. I don't think I really "jump[ed] on someone's right to voice an opinion..." I simply asked why one would care how another person spends their money. As I stated before, I wouldn't spend that much on a modern card, but obviously there are some people who will.

[tinkereversandme]

This is a forum where people share opinions. Geez. I think it's foolish because it's an obvious bad investment. There is a Red variation and 40% of all the ones on earth are on eBay, but the regular variation is a $70 item and then there's an orange variation that sells for half the red (makes sense) and then there's a blue variation that sells for half of the orange and so on. At least with pre-war stuff, it isn't created out of marketing (a lotto-like reasoning) and the stuff holds it's value pretty fine. Not to mention the guy has been in baseball less than a week, as well. Hey, if you want to pay $1,000 (or if you don't like this one, there is another on eBay at $1,800) for this, fine with me but don't be surprised if you can only get back a few percentage points in return for your purchase ten years down the line. And if you want to talk to a colleague who invested $5,000 in J.D Drew rookies back when, I'll give you his contact information. Thought Drew would pay for his kid's college in ten years.

Regards,

Larry

[benchod]

Well it may be a bad financial decision but in the grand scheme of things it hardly proves "there is something wrong in this world"
I agree with Rob; unnecessarily over dramatic

[T206Collector]

I agree that "to each his own." Also, it might be a good short term investment and sell for $2000 next month. Cobb is great, but Ike is still playing -- which is good and bad.

But I once sold a Travis Lee rookie, shortprint (1 of 100) in 1998 for $100. Card is totally worthless now -- and was within a couple of years.

[quinnsryche]

Originally Posted by docpatlv

Tony,

I assume you're responding to my post. I don't think I really "jump[ed] on someone's right to voice an opinion..." I simply asked why one would care how another person spends their money. As I stated before, I wouldn't spend that much on a modern card, but obviously there are some people who will.

Yes and no. It was just an opportunity to respond to that "type" of response which I have seen many times before. Nothing personal (honestly!) I have always wanted to have my say about the newer stuff, of which I was a collector of not too long ago. I finally got it through my thick skull that this current stuff (unless it's Pujols, Jeter or Ichiro) is practically worthless when the next new thing comes out. Tables at shows are brimming with this kind of product yet older material is getting tougher to come across. To all those who prospect that stuff, have fun at your own funeral. Thanks for listening.
Tony

[Robextend]

Agreed, to each his own. However unless this guy is the second coming of Albert Pujols it is not a good investment. But then again, if this was bought by an Ike Davis collector, the cornerstone to his collection might have been purchased...hehe

[Rob D.]

Interesting that whenever someone on the board shows some ungraded T206 beaters that he or she bought for $20-$25 each, no one responds with a "That's a poor investment" post. More likely he or she will be congratulated on the "beautiful cards."

(And the amount of money spent is irrelevant in a discussion such as this is. Some folks would say spending $20 on any baseball card is reckless, and $1,000 to other collectors is like a drop of water in the bathtub.)

More often than not, I think spending money on autographs is ridiculous, but my guess is the original poster would disagree.

[slidekellyslide]

I'm never surprised by what people will pay for stuff. I also don't care how people spend money that isn't mine, but nevertheless it is interesting...I saw Keith Olbermann buy up a bunch of Alex Gordon Topps rookie cards and all the variants of said card...he paid what I think are outrageous prices, but to him it was probably nothing.

[T206Collector]

I started buying up Jeter minor league rookie cards when he was still in AAA. I probably had 100-200 at one point before 1996. After he won ROY and the Yankees won the 1996, 1998 and 1999 WS, I went to "cash in" my Jeter cards. I made a little money, but because PSA came to the fore front in the interim, and none of my Jeter's woulda graded a 10, I was basically able to earn a couple hundred dollars.

Given how well I predicted (guessed) the Jeter phenomenon, I always thought that my early minor league purchase decisions should have been rewarded like a lottery ticket..... but no such luck!

Also, bought 50 Frank Thomas 1990 Topps rookies while he was still in college on a hunch. Cost me $.25 per card. Wound up selling most of them for $4. The Leaf was the way to go, not the Topps. Made a couple hundred, but shoulda made a bank!

Oh well!

[ullmandds]

I have 15 bernie williams rookies, 12 pedro martinez rookies...and looked high and low for an unopened pack w/christian okoye's rookie in it...all worthless now!!! And my Phil Sims rookies aren't exactly hot either!

[sportscardtheory]

This thread reminds me of when people say AVATAR sucks. Entertainment is subjective, so no one is wrong, just like cards. If someone wants to pay for Ike Davis, what is it to you.