So you have $1.3 million burning a hole in your pocket

[Snapolit1]

Which do you go for:

[ullmandds]

probably oceanfront property

[Hankphenom]

Originally Posted by ullmandds

probably oceanfront property

with a lot of beach or other land in front of it!

[Rhotchkiss]

I was a buyer on the Doyle for a decent amount less than $1.3mm. I think it is an amazing card and the spike piece to the t206 set, the greatest set of all time. But I recently sold my Doyle, meaning I would rather have the cash I got than the card. I will reinvest some of the proceeds back into cardboard. I also like have dry powder for other things, including real estate deals that I put together. So, I have literally chosen real estate over a Doyle. I voted real estate

[oldjudge]

I'm not sure what kind of oceanfront property you can buy for $1.3 million--nothing in SoCal. That said, I wouldn't pay $1.3 million for a non-HOFer, no matter how scarce the card was. That just demonstrates the idiocy of set collecting. If there was an equally rare Doyle in a less popular set it would sell for maybe a thousand.

[puckpaul]

I actually think the Doyle is a better buy, given its rarity and the amount of well-healed buyers of T206s. Prime real eatate has gone even more nuts than vintage cards. I think the Doyle has a lot of room to appreciate (i did NOT buy this one or own one).

That said, for all of the three items, the only one for which the price isnt a lot of money is real estate. You cant buy high end real estate for $1.3mm. If yiu are one of the 50-80 people who own a wagner and want to complete the T206 set, there aer a lot fewer Doyle’s. But Doyle doesnt attract nearly as many people who want to just own an iconic card. Interesting poll.

[darwinbulldog]

Originally Posted by oldjudge

I'm not sure what kind of oceanfront property you can buy for $1.3 million--nothing in SoCal. That said, I wouldn't pay $1.3 million for a non-HOFer, no matter how scarce the card was. That just demonstrates the idiocy of set collecting. If there was an equally rare Doyle in a less popular set it would sell for maybe a thousand.

Almost certainly there are several equally rare Doyles in less popular sets. And I'm sure you're right about the price.

[Schwertfeger1007]

Originally Posted by oldjudge

I'm not sure what kind of oceanfront property you can buy for $1.3 million--nothing in SoCal. That said, I wouldn't pay $1.3 million for a non-HOFer, no matter how scarce the card was. That just demonstrates the idiocy of set collecting. If there was an equally rare Doyle in a less popular set it would sell for maybe a thousand.

Kind of like spending insane money for relatively unknown California Leaguers while putting together an even tougher set ???

[CJinPA]

Originally Posted by Rhotchkiss

I was a buyer on the Doyle for a decent amount less than $1.3mm. I think it is an amazing card and the spike piece to the t206 set, the greatest set of all time. But I recently sold my Doyle, meaning I would rather have the cash I got than the card. I will reinvest some of the proceeds back into cardboard. I also like have dry powder for other things, including real estate deals that I put together. So, I have literally chosen real estate over a Doyle. I voted real estate

Same - and about to divest of some of my nicer e92's for some real estate. though my RE is digital - BITCOIN! my 2019-2023 BTC will finance my next round of collecting. I really need to add a Ruth and Mantle to my collection but don't see that happening until around 2026 when this next crypto bull run is coming to an end.

Now back to OP. That photo-matched bat is something else!!! loved seeing that in the REA auction!

[2dueces]

Summer cabin in Colorado to escape the Texas heat.

[BobbyStrawberry]

Originally Posted by Hankphenom

with a lot of beach or other land in front of it!

Or flip it while it's still not underwater...

[dnilgis]

Originally Posted by ullmandds

probably oceanfront property

although nice, if you really were to invest in any land, it should be ag land, there is a large sale in my neighborhood next week, 1.3m should be able to get 250ish acres of productive ag land, that is where you should invest.

https://www.schraderauction.com/auctions/8502

link to auction, should be a fun one.

[Bigdaddy]

I look at the question a couple of different ways:

• First, if I had $1.3M 'burning a hole' that I wanted to invest, then I'd choose the one that I thought would bring the best returns, looking at each solely as investment vehicles. I'm sure we can all agree on which one that is . Me personally, I'd pick the Ruth bat. Too much cost of ownership of the RE and I think the Doyle has a smaller audience.
• Or second, If I had $1.3M to 'blow' without regard to ROI, I'd pick the one that would give me the most joy. For me, that's not a piece of cardboard or wood, but a nice spot on a lake or river where I can spend some time reeling in fish I have not yet caught.

[rats60]

I don't like polls like this which have no correct answer. The correct answer is none of the above. I guess the OPs point is, who is spending 1.3 million dollars on an error card on a nobody? If I am spending 7 figures on a card, it would have to be a t206 Wagner or a Baltimore News Ruth. I am not spending 7 figures on a bat, even Ruth. I am not spending 7 figures on real estate.

The best use of this money, in my opinion, would be to diversify. Buy a nice Ruth, Cobb and/or Wagner card(s), put some into a reasonably priced vacation home and put some into savings.

[pawpawdiv9]

I go mud wrestling with the wcw girls and have a blast doing so

[TUM301]

Either one works for me Sir, but yah, ocean front property..

[BobbyStrawberry]

Real estate is the easy choice for me

[HercDriver]

A place where I can pull rainbow trout in from my deck...

[Aquarian Sports Cards]

Originally Posted by HercDriver

A place where I can pull rainbow trout in from my deck...

You can rip packs anywhere...

..oh not that kind of rainbow Trout.

[ChasingPaper]

Anyone who chooses a card over real estate is either already swimming in money like Scrooge McDuck or an idiot.

[Carter08]

Originally Posted by CardboardandCrackerjacks

Anyone who chooses a card over real estate is either already swimming in money like Scrooge McDuck or an idiot.

The neighbor from Office Space had an interesting take on what he would do if he came into some money.

[MR RAREBACK]

I would put it all in cards of
Babe Ruth
Walter Johnson
Ty Cobb
Cy young
Christy Mathewson
Satchel Paige
Maybe a couple Mickey mantles
All in 1-3 grades

[Rad_Hazard]

Originally Posted by BobbyStrawberry

Real estate is the easy choice for me

Agreed! I would be able to finally buy a single family home where I live with 1.3m.

[conor912]

For me, that amount “burning a hole in my pocket” means I’m 100% out of debt, retirement is loaded and rock solid, and my spouse and kids are set up in case something happens to me. Assuming all of those boxes are checked, I probably already own most anything I could ever want. All that said, if I’m going to spend that much on the hobby, I’m flying all of my hobby friends to a lodge in Montana, loading up on Van Pappy, and buying some rad wax to rip with my buddies. That experience and those memories, to me, sound way more fun than buying a card and shoving it in a box.

[orioles70]

I am not a wealthy man but I own a very modest home and a small office building in a town of less than 1,000 people where I grew up, lived and worked as self employed for decades.. and I own a 25 year old truck...I have no debt and have savings from my 40 years of hard work...I could get a nicer home, quit my self employed job and get a new truck but I choose not to because I am satisfied with what I have...I have been collecting for 50+ years and have been fortunate enough to accumulate a nice collection...to each his own but I don't want more real estate that brings more tax bills, utility bills, maintenance bills, insurance bills, things to tend to etc. If I had 1.3 million dollars burning a hole in my pocket I would see that my family and close friends have what they need and what is left over I would splurge on baseball stuff that I like...and I like all sorts of oddball stuff...it would be spread out to acquire lots and lots of stuff...especially stuff that makes a nice display with a story attached...I can be satisfied with cheap stuff to 4 figure stuff as I have never paid more than several thousand dollars for an item including my Hoblitzell no stats to complete my T205 set many years ago ...I can honestly say without hesitation that even having unlimited Bill Gates money would not tempt me to spend 7 figures on one item



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[JeremyW]

Originally Posted by orioles70

I am not a wealthy man but I own a very modest home and a small office building in a town of less than 1,000 people where I grew up, lived and worked as self employed for decades.. and I own a 25 year old truck...I have no debt and have savings from my 40 years of hard work...I could get a nicer home, quit my self employed job and get a new truck but I choose not to because I am satisfied with what I have...I have been collecting for 50+ years and have been fortunate enough to accumulate a nice collection...to each his own but I don't want more real estate that brings more tax bills, utility bills, maintenance bills, insurance bills, things to tend to etc. If I had 1.3 million dollars burning a hole in my pocket I would see that my family and close friends have what they need and what is left over I would splurge on baseball stuff that I like...and I like all sorts of oddball stuff...it would be spread out to acquire lots and lots of stuff...especially stuff that makes a nice display with a story attached...I can be satisfied with cheap stuff to 4 figure stuff as I have never paid more than several thousand dollars for an item including my Hoblitzell no stats to complete my T205 set many years ago ...I can honestly say without hesitation that even having unlimited Bill Gates money would not tempt me to spend 7 figures on one item



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This reminds me of me.

[Peter_Spaeth]

How many fake Doyles have got past the grading services, I wonder.

[Seven]

I can live in real estate, I cannot live in cards or a bat. Frankly the real estate would solve my biggest problem at the moment. So I choose the final choice.

[Touch'EmAll]

Depends. Assume you have a primary residence. Would you be looking to upgrade your primary residence ? Do you have or want a 2nd vacation home ? Or how about buying a rental ?

Also depends on your age. How close to retirement are you ? If close to retirement, would you be looking to sell your current primary residence ? If you are younger, a long-term rental would make sense if your goal is investment.

Also depends on your family. Are you married, have kids, if so how many ? How much would they appreciate a vacation home ?

And not all real estate would cost 1.3 million. What about location. Would you be looking for a cabin in the mountains? A house on a Lake or River (fishing?). A house near the beach? A rental in your basic town may not be glamorous, but would be convenient.

If it were to be a second vacation home, would you actually spend decent amount of time there, or just an odd long weekend occasionally.

Like someone already said, be careful of the extra costs - property taxes, outfitting the house, repairs & maintenance.

If you just want easy street and not the hassles and extra expenses of a second home, then look at your desired cards.

If it were me, I would consider a second home in Maupin (with central a/c & heat) with a view of the Deschutes River. I love fishing and fly fishing in particular, and Maupin is close enough to get to nice higher elevation lakes out of Bend, OR. If money left over, be looking at a really nice Ruth card.

[G1911]

Originally Posted by Peter_Spaeth

How many fake Doyles have got past the grading services, I wonder.

At least 1 did.

[Peter_Spaeth]

Originally Posted by G1911

At least 1 did.

I thought there was a PSA 6 or something where it was discovered to be fake but the owner declined to sell it back to them?

[Casey2296]

Doyle and Ruth bat have no appeal to me. Assuming I'm squared away and can spend 1.3 on cardboard I would choose to spend it on a 1914 Texas Tommy Joe Jackson.

[Peter_Spaeth]

Originally Posted by Casey2296

Doyle and Ruth bat have no appeal to me. Assuming I'm squared away and can spend 1.3 on cardboard I would choose to spend it on a 1914 Texas Tommy Joe Jackson.

WIth you on the Doyle and the bat. I don't know which card or cards, but for me it would absolutely be Ruth.

[Centauri]

First off - great question. I hadn’t made the comparison.

I vote the bat - I get the rarity of the Doyle, but the bat is a piece of the game, better than the cardboard.