Questions About "Modern" Cards

[Hankphenom]

1) Is anyone trying to collect sets of anything "modern," as in post-1980 or so?
2) If we say that cards at the National were 75% modern as opposed to vintage, to pick a number, what are they? Insert cards from the 90s onward, rookie cards of modern and current stars, etc.?
3) Pretty much by definition, it strikes me that anything scarce in the modern category is a result of artificial rarity created by the manufacturers. Is this what all these dealers and flippers are at the National and other shows selling and in search of? Are there any actual collectors of these cards to speak of?
Any other observations re the modern side of the hobby would be helpful for my understanding of it, and welcome. Thank you.

[53toppscollector]

I don't collect modern cards, but there are obviously player collectors out there who legit are trying to collect as many cards of a player as possible. The popular guys like Lebron, Curry, Mahomes, etc, there are people who genuinely want to collect their stuff, especially the rare/auto'ed stuff. Lots of people just treat modern cards as assets to flip short term to recognize a profit. And the hobby needs liquidity from people like that, so I never view it as a bad thing.

This is essentially the Junk Wax 2.0 era now, with regard to base cards

[Hankphenom]

Originally Posted by 53toppscollector

I don't collect modern cards, but there are obviously player collectors out there who legit are trying to collect as many cards of a player as possible. The popular guys like Lebron, Curry, Mahomes, etc, there are people who genuinely want to collect their stuff, especially the rare/auto'ed stuff. Lots of people just treat modern cards as assets to flip short term to recognize a profit. And the hobby needs liquidity from people like that, so I never view it as a bad thing. This is essentially the Junk Wax 2.0 era now, with regard to base cards

Thanks. I have never thought of anything, short of fraud, as good or bad in the hobby, just trying to understand it. Couple of questions from your answer: please explain how liquidity (meaning cash sloshing around, I assume) benefits the hobby outside of the modern sector--is it that some of that cash will move into other sectors?; what are base cards, and what happened during the first junk wax era, which I take to be the late 80s and 90s? Any other insights will be welcomed.

[brass_rat]

Several nights this week I watched the modern folks have trade night at Loews in their big lobby and outside the conference rooms. There were hundreds of people each night, and they were there starting around dinner time until past midnight.

I can't say that I understood exactly what they were doing or looking for, but a few observations:

• It was nice to see the during camaraderie across the group -- no matter what their card motives (collecting vs flipping) -- people of all ages and backgrounds were interacting in a respectful way. Many of them were just sitting around talking and hanging out which was great.
  
• I saw a few vintage cards in the mix... Red Cobb, Aaron, Robinson... Even a couple 52 Mantles just on the table or carpet floor where the younger folks were hanging out.
  
• If only three to five percent of modern folks filter down into vintage in the coming years, I wouldn't be surprised if that's enough to sustain the vintage market.

Also, while modern has manufactured scarcity, the players are relatable and accessible for the kids. I realized how the cards line up with pre-war:
In T206, Piedmont and Sweet Cap are the "base set". American Beauty, Polar Bear, Cycle, etc are the Refractors, and Broad Leaf and Drum are the 1/1 Superfractors.

Steve

[53toppscollector]

Originally Posted by Hankphenom

Thanks. I have never thought of anything, short of fraud, as good or bad in the hobby, just trying to understand it. Couple of questions from your answer: please explain how liquidity (meaning cash sloshing around, I assume) benefits the hobby outside of the modern sector--is it that some of that cash will move into other sectors?; what are base cards, and what happened during the first junk wax era, which I take to be the late 80s and 90s? Any other insights will be welcomed.

What I mean by liquidity is the consistent flow of cards in the hobby. Without people flipping and selling cards, you'd have a lot less supply on the market, making it tougher to find cards you are looking for.

Base cards are non-serial numbered cards. For example, cards 1-600 in a Topps set of cards. Those cards are not serial numbered, and each card has the same quantity printed, and Topps/Panini have been printing TONs of them, so they are not in any way rare.

Yes, the first junk wax era was the late 80s-early 90s. Topps/Donruss/Fleer/Upper Deck printed an insane amount of product as interest in the hobby ramped up. They printed so many of them that the cards basically lost all their value. A similar thing is happening now with Topps/Panini base sets, where they are printing insane quantities of the base cards, and then adding tons of different inserts/parallels into every set they release, which is diluting the market. Rookies no longer have 1 or 2 cards, they end up with 100+ cards in different colors/sets.

[Huck]

Originally Posted by Hankphenom

2) If we say that cards at the National were 75% modern as opposed to vintage, to pick a number, what are they? Insert cards from the 90s onward, rookie cards of modern and current stars, etc.?

This morning, I was wondering the same show split modern vs vintage (75/25, 80/20, 50/50)?

[todeen]

Originally Posted by Hankphenom

Thanks. I have never thought of anything, short of fraud, as good or bad in the hobby, just trying to understand it. Couple of questions from your answer: please explain how liquidity (meaning cash sloshing around, I assume) benefits the hobby outside of the modern sector--is it that some of that cash will move into other sectors?; what are base cards, and what happened during the first junk wax era, which I take to be the late 80s and 90s? Any other insights will be welcomed.

Hi Hank. I don't collect modern sets, but I collect modern singles. In modern, Topps flagship is called "paper" versus Chrome. You have base cards, short prints, super short prints, parallels, inserts, and insert parallels.

You are asking about scarcity: manufactured vs natural. If you wanted to collect natural scarcity in the modern market you would want to collect SP and SSP. These do not come in parallel form. They are very popular, but they don't seem to command the prices of manufactured scarcity. Even non-rookie SP and SSP are highly collectable for stars.

I'm pretty sure you understand the parallels that are numbered /99, /76, /50, and etc. Today, set collectors have been replaced by "Rainbow" collectors. These collectors want to get all the border combinations for a certain player. Rainbow collectors have two choices - paper vs chrome. Paper rainbows cost less. Chrome rainbows cost more.

I don't collect rainbows because I don't have that kind of money. I prefer to get cards in just a couple parallels. I like Xfractors, and I like the new Mega Box refractors sometimes called Silver Pack. If you are collecting the rainbow, anything /99 or less is desirable. Some collectors I know start at /50 or less for what they collect.

Let's look at 1993 Topps Derek Jeter. This existed before Topps Chrome. However, it's a nice introduction to parallels. You have the base paper RC, and then you have four parallels: Topps Gold, Inaugural Rockies Set, and Inaugural Marlins Set, and Topps Mini.

In 1996, Derek Jeter's rookie year coincided with the release of 1996 Topps Chrome. However, Topps did not release Topps Gold parallels that year. So in 1996 you have his base paper card, his base chrome card, and a Chrome refractor.

By the late 1990s, Topps Chrome began to expand their refractor parallels into Gold and Black. And in 2001, Topps brought back the paper Topps Gold parallel. This coincided with the rookie season of Ichiro and Pujols, and those parallels are expensive. By 2002, Topps had introduced the Xfractor. The 2002 Bowman Chrome Xfractor of Joey Votto is the big ticket item from that year. I wish I had one! And the Bowman Chrome gold signature parallel is another card that brings big bucks. I'm not sure gold signature is still around - I don't collect Bowman prospects.

Bowman is the real set where collectors flip and make money. When people complain about flippers, they make their most money with Bowman First prospect cards. This is where people spend $100k for an unproven prospect.

[G1911]

Originally Posted by Hankphenom

1) Is anyone trying to collect sets of anything "modern," as in post-1980 or so?
2) If we say that cards at the National were 75% modern as opposed to vintage, to pick a number, what are they? Insert cards from the 90s onward, rookie cards of modern and current stars, etc.?
3) Pretty much by definition, it strikes me that anything scarce in the modern category is a result of artificial rarity created by the manufacturers. Is this what all these dealers and flippers are at the National and other shows selling and in search of? Are there any actual collectors of these cards to speak of?
Any other observations re the modern side of the hobby would be helpful for my understanding of it, and welcome. Thank you.

1) Yes, lots of people build sets. There's just also tons of base and so it isn't expensive or a challenge.

3) I mean, this is almost always the case in all of hobby history. Scarcity is a reflection of print run; they didn't make many Drum backs for some reason, they don't make many gold superfractor's. Now they short print the inserts to produce a chase factor, but that's been the case since the early 90's in most sets, and dates back much further (many vintage sets have particular cards within it shorted). People actually collect inserts.

[Hankphenom]

Originally Posted by todeen

Hi Hank. I don't collect modern sets, but I collect modern singles. In modern, Topps flagship is called "paper" versus Chrome. You have base cards, short prints, super short prints, parallels, inserts, and insert parallels.

Wow, Tim, what a fabulous tutorial, and directly to the heart of my questions. I have to wonder how many of those cards the "Becketteer" kids of the 90s left on the floor as they tore through packs looking to extract the special cards might be worth something today or some day, as it seems as though those sets, deemed worthless at the time due to the assumption that an unlimited number of them would be put in protective holders without so much as being touched by human hands, are and will be increasingly collected up by fans of those generations. Scarcity is scarcity, no matter the reason, and as long as there is demand for those, they will get collected up and become more and more scarce and valuable. I find it so cool to find out that succeeding generations to mine aren't just in it for the money, but are instead true fans of the players, teams, sports, etc., they love, and those with the collecting gene are continuing the traditions of the hobby pretty much unabated and unchanged. What us old farts used to refer to derisively as "shiny stuff" just turns out to be the cards of heroes of the newer generations, not a bit different from the cards of our heroes. Not sure why I'm so surprised by this, but it's great to see. And the assumption seems to be that a substantial percentage of these collectors will at some point move into vintage as well, although I'm not sure why that even has to be part of the equation for the hobby to continue on in great health. That might just be showing a bias on the part of us older guys with vintage collections, and one that turns out to have little basis in fact. I don't know why a kid who grew up in the 90s should care about Mickey Mantle, Carl Hubbell, or Walter Johnson cards. And when they start having the disposable income to dip into the older markets, maybe they will, maybe they won't, time will tell. Anyway, thanks again, Tim, you've really opened my eyes to the intricacies of the modern hobby, and I appreciate it.

[Touch'EmAll]

This morning over coffee I was checking ebay.

My first search - Walter Johnson both PSA & SGC
2nd search - Mathewson PSA & SGC
3rd search - Andrew Abbott "Newly listed" (this kid has game, brought up in June with the Reds, so much fun to follow a rookie pitcher, I am impressed!)
4th search - Derrick Henry

I contacted a seller, we made a deal on a sweet looking Derrick Henry card with a great looking action shot, very nice PSA 10 card.

Collect what you like, pre war, vintage, modern, ultra modern. It's all good. With the modern, there is so much out there, refractors, parallels, serial #, inserts, etc. Honestly, I find it fun to check out the new stuff just as much as the oldies. Plus it's a lot cheaper, haha. Keeps me in the collecting game.

[HasselhoffsCheeseburger]

For some years now I've been curious what will happen when the hobby boom kids grow up and reach that "re-enter the hobby for nostalgia" stage and have disposable income.

Everyone is always quick to point out how much product was produced back in that time frame but they never mention how horribly ineffectual those cards have been stored these past 30 years and how we're going to see the largest influx of adult collectors re-entering the hobby than ever before.

What is going to happen when that occurs? Might be time to buy a Greg Maddux RC.

Arthur

[packs]

I don't collect modern sets but I enjoy modern cards and modern players.

[conor912]

It was made clear in Chicago that “modern” to me means something very different than it does to “modern” collectors. I’ve always wanted that Score card of Bo Jackson with the bat on his shoulders. I coveted that card as a kid but have never owned one. It’s not expensive or rare, it has just seemed to elude me for decades. Anyway, I asked a couple dealers with shiny stuff and they both said the same thing… “I don’t do vintage.” I’m only 44, but you know you’re getting old when your modern is someone else’s vintage.

[perezfan]

Originally Posted by Hankphenom

Wow, Tim, what a fabulous tutorial, and directly to the heart of my questions. I have to wonder how many of those cards the "Becketteer" kids of the 90s left on the floor as they tore through packs looking to extract the special cards might be worth something today or some day, as it seems as though those sets, deemed worthless at the time due to the assumption that an unlimited number of them would be put in protective holders without so much as being touched by human hands, are and will be increasingly collected up by fans of those generations. Scarcity is scarcity, no matter the reason, and as long as there is demand for those, they will get collected up and become more and more scarce and valuable. I find it so cool to find out that succeeding generations to mine aren't just in it for the money, but are instead true fans of the players, teams, sports, etc., they love, and those with the collecting gene are continuing the traditions of the hobby pretty much unabated and unchanged. What us old farts used to refer to derisively as "shiny stuff" just turns out to be the cards of heroes of the newer generations, not a bit different from the cards of our heroes. Not sure why I'm so surprised by this, but it's great to see. And the assumption seems to be that a substantial percentage of these collectors will at some point move into vintage as well, although I'm not sure why that even has to be part of the equation for the hobby to continue on in great health. That might just be showing a bias on the part of us older guys with vintage collections, and one that turns out to have little basis in fact. I don't know why a kid who grew up in the 90s should care about Mickey Mantle, Carl Hubbell, or Walter Johnson cards. And when they start having the disposable income to dip into the older markets, maybe they will, maybe they won't, time will tell. Anyway, thanks again, Tim, you've really opened my eyes to the intricacies of the modern hobby, and I appreciate it.

Hank...

Great topic. I think about the part highlighted in bold all the time. But then I set myself at ease by realizing that our generation never saw Cobb, Lajoie, Ruth, Gehrig, Foxx, Ott, Greenberg or even Joe DiMaggio play. Not to mention the really early guys like Ewing, Ward, Anson, Cy Young, etc. But we still respect and value their cards to the utmost extent. We may have grown up idolizing Mantle, Mays, Aaron, Clemente and Bench, but you naturally branch out as your hobby knowledge evolves.

I think that same thing will occur with future generations of collectors. Perhaps in a different way, but there will always be people out there who value and revere baseball's rich history just like we do (even if the player's image appears on dull paper vs, chrome!)

[toledo_mudhen]

Even tho I primarily collect 1955 Topps Baseball and T206s - I have always had a soft spot for :

1980 Topps Baseball
1983-84 Donruss Baseball
1987 Donruss Baseball

[darwinbulldog]

One corner of my collection is rookie cards of the top 50 players from each sport, so occasionally a current player will move onto that list, and then I'll add one of his cards. I added Nikola Jokic and Jimmy Butler earlier this year to my NBA group and just picked up Max Scherzer in the past month. I prefer the base/"paper" card just for consistency's sake to go along with my 1969 Topps Alcindor, 1958 Topps Jim Brown, 1954 Topps Aaron, etc. I have very little interest in the other cards from any of these sets but will occasionally buy a shiny autographed modern card of a prospect I particularly like.

[vintagebaseballcardguy]

Originally Posted by conor912

It was made clear in Chicago that “modern” to me means something very different than it does to “modern” collectors. I’ve always wanted that Score card of Bo Jackson with the bat on his shoulders. I coveted that card as a kid but have never owned one. It’s not expensive or rare, it has just seemed to elude me for decades. Anyway, I asked a couple dealers with shiny stuff and they both said the same thing… “I don’t do vintage.” I’m only 44, but you know you’re getting old when your modern is someone else’s vintage.

That's the truth. Kind of like the music you grew up listening to now being played on the "classic" radio station.

[darwinbulldog]

Originally Posted by vintagebaseballcardguy

That's the truth. Kind of like the music you grew up listening to now being played on the "classic" radio station.

I think what really drove it home for me was a group discussion online a couple of years ago about what was the first episode of The Simpsons that aired after you were born.

[Exhibitman]

I buy cards that appeal to me aesthetically even if they are junk otherwise.

Junk wax has its place. 1982-2000 cards sell very well at shows to people going after specific players, if they are priced right. I moved hundreds of them at the last show I did and expect to do even better at the Labor Day show in Anaheim in a few weeks.

[BobbyStrawberry]

Originally Posted by todeen

Hi Hank. I don't collect modern sets, but I collect modern singles. In modern, Topps flagship is called "paper" versus Chrome. You have base cards, short prints, super short prints, parallels, inserts, and insert parallels.

You are asking about scarcity: manufactured vs natural. If you wanted to collect natural scarcity in the modern market you would want to collect SP and SSP. These do not come in parallel form. They are very popular, but they don't seem to command the prices of manufactured scarcity. Even non-rookie SP and SSP are highly collectable for stars.

I'm pretty sure you understand the parallels that are numbered /99, /76, /50, and etc. Today, set collectors have been replaced by "Rainbow" collectors. These collectors want to get all the border combinations for a certain player. Rainbow collectors have two choices - paper vs chrome. Paper rainbows cost less. Chrome rainbows cost more.

I don't collect rainbows because I don't have that kind of money. I prefer to get cards in just a couple parallels. I like Xfractors, and I like the new Mega Box refractors sometimes called Silver Pack. If you are collecting the rainbow, anything /99 or less is desirable. Some collectors I know start at /50 or less for what they collect.

Let's look at 1993 Topps Derek Jeter. This existed before Topps Chrome. However, it's a nice introduction to parallels. You have the base paper RC, and then you have four parallels: Topps Gold, Inaugural Rockies Set, and Inaugural Marlins Set, and Topps Mini.

In 1996, Derek Jeter's rookie year coincided with the release of 1996 Topps Chrome. However, Topps did not release Topps Gold parallels that year. So in 1996 you have his base paper card, his base chrome card, and a Chrome refractor.

By the late 1990s, Topps Chrome began to expand their refractor parallels into Gold and Black. And in 2001, Topps brought back the paper Topps Gold parallel. This coincided with the rookie season of Ichiro and Pujols, and those parallels are expensive. By 2002, Topps had introduced the Xfractor. The 2002 Bowman Chrome Xfractor of Joey Votto is the big ticket item from that year. I wish I had one! And the Bowman Chrome gold signature parallel is another card that brings big bucks. I'm not sure gold signature is still around - I don't collect Bowman prospects.

Bowman is the real set where collectors flip and make money. When people complain about flippers, they make their most money with Bowman First prospect cards. This is where people spend $100k for an unproven prospect.

I learned a lot from this post, Tim - thanks

[BillyCoxDodgers3B]

I'm on the hunt for various junk wax commons all the time, but for autograph purposes. I don't deal in unsigned anything, but do have a lot of unsigned cards from this era (80's). I trade them to many people I've met online who still hand collate Junk Era sets. I will swap them their needs for my own.

It's really refreshing to see people eagerly collecting this material simply for the fun and memories. You know, growing up in the 80's and collecting modern in that era may not have made most of these then-kids rich, but it means that anybody of that age on any kind of budget can jump back into their youth for next to nothing! It's not completely a bad thing!

As a huge plus, the folks I've met who are into this sort of thing have been by and large very positive, kind and fair traders. Who doesn't need more of that in their lives? It also brings a bit of a chuckle to deal with people who will take the time to describe the slightest of dings in a one cent common and offer to send a photo to ensure I'm OK with the card! Bottom line, junk wax has really become an unexpected positive on this end. Who'da thunk it?
I get to help people complete sets that most of the world has consigned to the dustbins of their lives and I end up with some cards which will later get autographed.

(Hank--probably not what you were after at all, but thought I'd chip in with this, seeing as it does partially incorporate the "modern era" to which you were asking.)

[bbcard1]

I buy a pack now and then (probably less than $50 worth per year) and a factory and update set every year.

[oldjudge]

Hi Hank! I’m a big WNBA fan and I have a registry set of the rookie cards of the top 25 WNBA players ever, as voted in 2021. I also collect rookie and signature cards of other players I like. Up until a few years ago all the cards were either produced by Fleer or Rittenhouse. There are some genuine rarities amongst these. Rittenhouse, for example, released the cards as boxed sets. The largest printing for any year was 500 sets. That means that the total population of Breanna Stewart rookies is 500. Maya Moore’s rookie season of 2011 had a release of only about 200 sets. Those are incredibly low numbers. Panini has now taken over and we have huge print numbers with all the colored refractors. I don’t like the change but I’m sure it represents increased revenue for the league which it could surely use.

[todeen]

Here's another modern slang term I forgot: color match.

Color match is when the parallel color matches the team jersey colors. It has aesthetic value, and brings additional $$$. It can be any serial number. Here is an example of a color match RC Joey Votto. This is an extreme example, since it is #/25. This is a niche collector, but they exist, usually for team collectors or individual player collectors. Kind of like collectors that go for numbered parallels that are #1, jersey number, or the last serial number exp 99/99.

Then here is an example of a Joey Votto rainbow: Chrome Refractor, Xfractor, Blue Refractor, Copper Refractor, Red Refractor.

Cards not mine.




Sent from my SM-G9900 using Tapatalk

[Hankphenom]

Those are pretty cards! Not as nice as T206s, 33Goudeys, or 55Ts, but what is?

[Jay Wolt]

Originally Posted by todeen

Then here is an example of a Joey Votto rainbow: Chrome Refractor, Xfractor, Blue Refractor, Copper Refractor, Red Refractor.

Tim been collecting vintage "Rainbow" for years
Have a few sets of '55 Armour coin variations
& a few collectors do that w/ exhibits & '41 Goudeys

[notfast]

Don’t forget the PSA 1-10 rainbow.

[YazFenway08]

that was a great summary tim

as a hopeless set collector…i love the parallel chase for completeness in any given year. not THAT expensive, but not THAT easy, either. i do it with flagship and chrome…and try to add the SPs. i binder them up and i think all the parallels look awesome all together. for the 93s i have the base, the two inaugural, the gold and the micro…the ‘84s have the base, tiffany and nestle…with the o-pee-chee in the back since it wasn’t a one for one.

i love all eras of the game and of the cards…some months i do more modern, some more vintage. keeps it all fresh and fun

[Hankphenom]

Originally Posted by YazFenway08

that was a great summary tim. as a hopeless set collector…i love the parallel chase for completeness in any given year. not THAT expensive, but not THAT easy, either. i do it with flagship and chrome…and try to add the SPs. i binder them up and i think all the parallels look awesome all together. for the 93s i have the base, the two inaugural, the gold and the micro…the ‘84s have the base, tiffany and nestle…with the o-pee-chee in the back since it wasn’t a one for one. i love all eras of the game and of the cards…some months i do more modern, some more vintage. keeps it all fresh and fun

I love this post!

[BillyCoxDodgers3B]

I have a huge soft spot for the Nestles. It has to be residual carryover from the 80s craze for them!

[todeen]

Originally Posted by notfast

Don’t forget the PSA 1-10 rainbow.

Here is an incomplete example of what you're describing. I think the KGJ run with the half grades is pretty interesting. I'm shocked how much some people are willing to pay for the elusive half grades.

[todeen]

Originally Posted by Jay Wolt

Tim been collecting vintage "Rainbow" for years
Have a few sets of '55 Armour coin variations
& a few collectors do that w/ exhibits & '41 Goudeys

I've seen the Armour coin rainbows before and I think they are really cool! I've also seen the Exhibits come up occasionally with the standard, blue tint, purple tint, and green tint. Is there another color? And I know some of the cards come with different signature lines. As for the 41 Goudey, I'm not sure I've seen a rainbow for them before.

[todeen]

Originally Posted by YazFenway08

that was a great summary tim

as a hopeless set collector…i love the parallel chase for completeness in any given year. not THAT expensive, but not THAT easy, either. i do it with flagship and chrome…and try to add the SPs. i binder them up and i think all the parallels look awesome all together. for the 93s i have the base, the two inaugural, the gold and the micro…the ‘84s have the base, tiffany and nestle…with the o-pee-chee in the back since it wasn’t a one for one.

i love all eras of the game and of the cards…some months i do more modern, some more vintage. keeps it all fresh and fun

The modern collectors would use the fire emoji for this. I love your 1993 Topps binder! This was the first set I ever tried completing. I had no clue about the inaugural sets until decades later.

[Leon]

Originally Posted by Hankphenom

I love this post!

+1. a collector.

From my personal experiences, which are somewhat limited, it seems the younger generation is all about gambling on the next prospect. There just aren't that many young, true collectors, it seems. There's nothing wrong with it, it's just diffferent.

and a card...

[BillyCoxDodgers3B]

Originally Posted by Leon

+1. a collector.

From my personal experiences, which are somewhat limited, it seems the younger generation is all about gambling on the next prospect. There just aren't that many young, true collectors, it seems. There's nothing wrong with it, it's just diffferent.

and a card...

...and those of us who've already dealt with people trying to get us to buy 100 Monty Fariss RCs in 1989 to put our future kids through college have been through this rigmarole a time or three. Old news to us.

[packs]

Is there a huge difference between gambling on prospects and all the threads about which pre-war cards to invest in that get posted all the time?

[darwinbulldog]

Originally Posted by packs

Is there a huge difference between gambling on prospects and all the threads about which pre-war cards to invest in that get posted all the time?

No. It's just that collecting antiques is considered a respectable pastime, so you have a plausible alternative explanation for your hobby if you're trying to buy low and/or sell high with pre-war cards, as I assume we all are if we place any value on our net worth.

[packs]

Originally Posted by darwinbulldog

No. It's just that collecting antiques is considered a respectable pastime, so you have a plausible alternative explanation for your hobby if you're trying to buy low and/or sell high with pre-war cards, as I assume we all are if we place any value on our net worth.

Some of us buy cards we like because we like them. But there are always posts about what to invest in and what cards have the biggest room for return, etc. I'm not sure that's really collecting either.

[Hankphenom]

Originally Posted by perezfan

Hank...Great topic. I think about the part highlighted in bold all the time. But then I set myself at ease by realizing that our generation never saw Cobb, Lajoie, Ruth, Gehrig, Foxx, Ott, Greenberg or even Joe DiMaggio play. Not to mention the really early guys like Ewing, Ward, Anson, Cy Young, etc. But we still respect and value their cards to the utmost extent. We may have grown up idolizing Mantle, Mays, Aaron, Clemente and Bench, but you naturally branch out as your hobby knowledge evolves. I think that same thing will occur with future generations of collectors. Perhaps in a different way, but there will always be people out there who value and revere baseball's rich history just like we do (even if the player's image appears on dull paper vs, chrome!)

I personally agree with this prediction, Mark, but a difference could arise from all the history of the game we learned from the backs of our Topps cards as well as all the reading we did from "Big-Time Baseball" in 1950 to "The Glory of Their Times" in 1966 and the succeeding generations of excellent biographies, team and era histories, etc., that whetted our appetites for older cards and collectibles. I'm not sure the younger generations today are indulging in that history and absorbing much of it into their collecting pursuits. If I had to guess, I'd say that many of them will at some point begin directing their disposable income toward vintage if for no other reason than that the older stuff is just so cool looking and so different from the modern designs, not to mention their so-far proven value as commodities.

[Bcwcardz]

Originally Posted by packs

Some of us buy cards we like because we like them. But there are always posts about what to invest in and what cards have the biggest room for return, etc. I'm not sure that's really collecting either.

I do get why some people only buy for investment or monetary value though. I’m not talking the guys with the pelican cases. I’m talking guys here buying pre war. As you get older you really have to look at your investments. I’ve known guys that have gone from huge collections to 4 or 5 excellent cards. I would still consider them collectors even though they are now mainly concerned with returns on their cards. Modern collecting has its place too. It’s the reason for all this interest and huge prices on vintage cards. I do see a lot of people who jumped back into the hobby the past 3 years have big interest in 50s-70s cards. It’s nice to see guys get weaned off the shiny stuff. I have my share of shiny stuff too. I stopped in 2018. Too many products. I don’t mind the amount of refractors etc, but the amount of stuff to buy is astronomical. They have wax products and online products, the better stuff was harder to come by. If it’s the right player I have no problem selling this stuff. Ohtani stuff was easy sell as was Judge second year cards. These people buy this crap up. Modern cards are thriving especially now with Fanatics having breaks. These newer collectors eat this stuff up. I couldn’t really tell you if these people are baseball fans like people on this board or just casual fans.


Sent from my iPhone using Tapatalk

[G1911]

Originally Posted by packs

Is there a huge difference between gambling on prospects and all the threads about which pre-war cards to invest in that get posted all the time?

The difference between the majority of investors here and the investors in modern is a lot smaller than people pretend. Modern is more higher risk higher reward but the approaches aren’t all that different. The biggest difference I’ve found is the distaste the vintage collectors have for the new guys while the new guys don’t really about the old guys.

[packs]

Originally Posted by G1911

The difference between the majority of investors here and the investors in modern is a lot smaller than people pretend. Modern is more higher risk higher reward but the approaches aren’t all that different. The biggest difference I’ve found is the distaste the vintage collectors have for the new guys while the new guys don’t really about the old guys.

That's kind of where I was going. It's a phenomenon repeated throughout time: people get old and think their interests are the pinnacle of all interests.

Just like when your parents asked you why your hair is long, or why you got a tattoo, or what's so special about the internet?

[gonefishin]

Originally Posted by G1911

The difference between the majority of investors here and the investors in modern is a lot smaller than people pretend. Modern is more higher risk higher reward but the approaches aren’t all that different. The biggest difference I’ve found is the distaste the vintage collectors have for the new guys while the new guys don’t really about the old guys.

Funny that I just drafted a reply that said basically the same thing, but deleted it so as not to offend anyone.

I never, or very rarely, hear a young, new to the hobby collector, cut down a vintage collector, etc. I read a lot of posts from vintage collector's that either make jest off, or run down the modern collector. It's not right and I don't agree. The truth is, modern collectors are what keeps this hobby alive and thriving. They are the future. We may not agree with the methods or reasons why they collect, but unless it does damage, real not perceived, why should one care? We should be elated that young people have joined the hobby.

[YazFenway08]

I don't think that 'investing" and "collecting" need to be absolute opposites either. I think you can collect what makes you happy while also keeping a view for some modicum of value.

I love my vintage cards...and I love my modern parallels. when my heirs ultimately deal with these, I have written little notes with thoughts on how to proceed.

using my '84 or '93 binder projects as an example: i have collected those, displayed them, and enjoyed them the way I love...but have also tried to collect high end condition for them. so, when they finally are sold, either they will find a home with another "master set" dude like me who will recognize and appreciate the value...or the auction house can break them up, grade the mattinglys and jeters to maximize value and sell the rest , etc. We're talking hundreds of dollars, not thousands...but over 25 years of "master" set building with SSps and parallels , it adds up

Thats perhaps not the same as maximizing value on graded T3s, but I would like my successors to still maximize the value. is that investing or just being prudent?

[Hankphenom]

Originally Posted by gonefishin

Funny that I just drafted a reply that said basically the same thing, but deleted it so as not to offend anyone. I never, or very rarely, hear a young, new to the hobby collector, cut down a vintage collector, etc. I read a lot of posts from vintage collector's that either make jest off, or run down the modern collector. It's not right and I don't agree. The truth is, modern collectors are what keeps this hobby alive and thriving. They are the future. We may not agree with the methods or reasons why they collect, but unless it does damage, real not perceived, why should one care? We should be elated that young people have joined the hobby.

A big +1 to that! What a drag it would be to be passionate about a hobby you knew was going to die away with your generation, it might make me wonder what the hell I was doing collecting these things! In defense of my generation, I think a lot of the disparagement arose from the assumption that the "shiny stuff" taking up more and more of the table space at shows would be rendered a fool's quest by the seemingly infinite numbers of those cards produced and the fact that practically none of them would ever get thrown away by moms or put in bicycle spokes or go into paper drives, so the supply would always be more or less unlimited and therefore be only temporarily of collector's interest. And until quite recently, I wouldn't have been able to tell you if I thought the vintage collecting of my boomer generation was a "one-off" based on our nostalgia for the cards of our youth and then trickling down to the older cards of players we had come to idolize from our reading about baseball's long history, or if succeeding generations would have similar feelings about the cards and collectibles of their peers. Now it appears to be the latter case, and to me it is a wonderful thing to behold.

[Jay Wolt]

Originally Posted by todeen

As for the 41 Goudey, I'm not sure I've seen a rainbow for them before.

Tim, Here's the 4 colors via reprints that I saw online
This will give you an idea of them

[Bestdj777]

I have a near complete run of Mickey Mantle cards but recently got into more modern cards. I now have a run of Aaron Judge rookie/pre rookie cards and working on a run of Anthony Volpe rookie/prerookie cards. I generally avoid signed, relic, or other artificially scare cards of them, so mostly just have the junk base cards. And I’ve purposely limited myself to just buying from their rookie year and prior, given the vast number of cards produced each year. Will I ever see a return on my purchases? It’s highly unlikely. But, purchasing modern cards has led to a renewed interest in baseball and allowed me to purchase some cards when I’m pretty much priced out of Mantle. To each his own.

[Hankphenom]

Originally Posted by Jay Wolt

Tim, Here's the 4 colors via reprints that I saw online
This will give you an idea of them.

Those are cool, not sure I'm seen them before. Seems strange that such an obscure issue would get reprinted, but I guess the originals are crazy rare.

[clydepepper]

Hey Hank- I have always bought with my eyes and my heart and not what my wallet says.

Several years ago, when my collection was at it's peak value-wise, I was able to show off my best with two of my siblings, who were in town for a rare visit. I explained to them that the cards were more than just the cardboard, they were representations of different times in history...and are the source of many enjoyable associated stories.

Almost all of those great cards were one I found ASTHETICALLY pleasing. They just happened to be valuable too.

So, when the market got high enough, I sold off almost all of those old, pretty things (though I kept my two 'Double Walters'). I do miss all my Cobbs & Ruths & those Allegehenys, but I had to do it.
It was nice to be the 'owner' of those great cards for a few years.

What remains are graded cards of players in my lifetime: Koufax, Mantle, Aaron, Mays, Ryan.


As far as modern (post 1980) cards are concerned, I still go after those cards that appeal to my ASTHETICALLY - some of the designs and photos are outstanding, though most are not.

I will always collect Braves and players with local ties and I also collect Topps Certified Auto'd cards.
If it ever comes out that those are fake, it's going to hurt...but, I can't get to card shows, so I have to rely on someone, supposedly, further up the hobby food chain for the authenticity.


IMO, it's a fool's errand to even attempt building modern sets...even if you're just doing the base version.

That being said, I have also indulged in buying sealed boxes...wind up donating most of them to good causes (right Tim?) - but keeping the Braves.

At my age, realizing that nobody else in my family has even a passing interest in my cards, I will have to continue to TRY to 'cull my herd'.


.

[clydepepper]

One of the afore-mentioned 'Double Walters' - which I originally purchased, by the way, from Leon, his ownself.

1923 WG7 Walter Mails Game Walter Johnson SGC 80.jpg