I remortgaged my house, took out loans using my car, and all other things including my pet cat Fluffy, and my pet goldfish Goldie as collateral...all to buy Strasburg autographed cards as an investment. I guess that might have been a bad idea.
It will be interesting to watch ebay for the next few days to see what effect this has, if any. Might be a good opportunity to pick up some nice ones on the cheap and then dump them all after he comes back and pitches well. No way I would keep them too long though. Arm problems this early is NOT a good sign for the long haul.
I was going to start a thread on this but figured someone would have beat me to the punch (and did). In the end, Strasburg is good for baseball and I as a fan wish to see him fully recover. From what limited information I have seen thus far, it is not serious.
I remember when griffey jr fell in the shower and broke something , LOL I went out and bought as many 89 UD griffey rc I could any where from 26 to 32 dollars a piece bought about 150 avg price 28 to 30, it paid off when he came back he hit like 10 HRS in 8 games tying don mattingly MLB record and sold them all for 42 to 50 a piece all raw. yippie
i hope strasburg or speilburg or whoever comes back strong, good for baseball & the hobby and the economy as long as it is before the world ends on 12-21-12. but what the heck live today as it is the last day and plan today as 1st day of your life.
but don't buy any steve howe rookie cards as he is not coming back off the DCL. (doing cocaine list). JMHO
Ah come on now. He was supposed to pitch against the Braves and they made a meal out of him last time he faced them. They are just putting him on ice for a few days.
Seriously, I hope nothing is wrong with the kid that a little R & R won't take care of.
Ron
Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
I'm a "vintage guy," always have been, always will be. And, seriously, has paying huge money for brand-new rookie cards EVER worked out? Ever?? Remember Griffey Jr., McGwire, Bonds, Tiger Woods. I actually personally bought a ton of Jason Giambi rookies when he came to the New York Yankees. That's not going to fund my retirement, I'm afraid. You could go on and on. I actually don't mean this question rhetorically--can anyone think of a new/modern rookie card selling for over $100 which continued to hold its value after five, ten years?
And, of course, I know that it's not all about investment values. But one great thing about dead players--they don't tend to get involved in 'roid scandals or blow out their arms.
Thank you, Jonathan Scheier Cataloger - Consignment Director Heritage Auctions (www.HA.com) JonathanS@HA.com 1-800-872-6467 X1314
get real....it's called "playing the market", only the truly adept can handle it.....what's wrong with placing a good bet on a good risk?
like diamondman explained, this is about catching a tiger by the tail.....i hit it hard on Frank Thomas when he got hot in the early 90's, later on it was Vince Carter cards......gobble 'em up, flip 'em fast.
holding value? do we care??? it's about people buying gifts and trinkets, i hope the realists among us don't think that modern stuff is going to carry them, unless they have an unlimited supply.
<< <i>I'm a "vintage guy," always have been, always will be. And, seriously, has paying huge money for brand-new rookie cards EVER worked out? Ever?? Remember Griffey Jr., McGwire, Bonds, Tiger Woods. I actually personally bought a ton of Jason Giambi rookies when he came to the New York Yankees. That's not going to fund my retirement, I'm afraid. You could go on and on. I actually don't mean this question rhetorically--can anyone think of a new/modern rookie card selling for over $100 which continued to hold its value after five, ten years?
And, of course, I know that it's not all about investment values. But one great thing about dead players--they don't tend to get involved in 'roid scandals or blow out their arms. >>
McGwire, Bonds and Griffey are or were worth more then they originally were. I was buying McGwires for commons in 87 when he was hitting his HR record.
Bonds went up, what like 10-20 fold from rookie, McGwire...even more.
I don't know what Tiger's cards were selling for 2001, but I don't imagine the several championships hurt him.
Now, in all these cases, they are not worth now what they were at their high point. But the cards you noted did go up quite a bit from rookie. Like any investment however, there is a time to sell.
It amazes me so many people like repeating what you said. Or better yet, the imagine the cool Mantle cards you could get with $15,000?
I would assume the person buying a $15,000 Stras., could likely but a nice Mantle if the person wanted to. One can also pretty much assume, that the person buying one, can likely afford to blow $15,000, and that it is worth that to them.
If I spent a week's pay on a cool Walter Payton, the list would applaud. It is all relative. Perhaps the people buying a high end Stras. make $15,000 a day.
Collecting PSA graded Steve Young, Marcus Allen, Bret Saberhagen and 1980s Topps Cards. Raw: Tony Gonzalez (low #'d cards, and especially 1/1's) and Steve Young.
I agree with Heritage. The greatest young pitcher I have ever seen was Dwight Gooden. He was just unfreaking real his first couple of years. You wanna talk about getting enshrined in Cooperstown early? Is there anybody that saw Gooden pitch that didn't think he would eventually be a HOFer? Can you honestly look at Strasburg and say that he looks better so far than Gooden? I can't. Well, Gooden cards still have some value, but nothing like what you could have predicted. So, rather than trying to guess which guy is going to be the next Sandy Koufax or Tom Seaver, why not buy cards of Sandy Koufax and Tom Seaver?
<< <i>I agree with Heritage. The greatest young pitcher I have ever seen was Dwight Gooden. He was just unfreaking real his first couple of years. You wanna talk about getting enshrined in Cooperstown early? Is there anybody that saw Gooden pitch that didn't think he would eventually be a HOFer? Can you honestly look at Strasburg and say that he looks better so far than Gooden? I can't. Well, Gooden cards still have some value, but nothing like what you could have predicted. So, rather than trying to guess which guy is going to be the next Sandy Koufax or Tom Seaver, why not buy cards of Sandy Koufax and Tom Seaver? >>
there is no speculative motivation to buy products whose value rarely, if ever, fluctuates.....not everyone is looking for a buy and hold opportunity.....if you were buying and selling Gooden cards when his popularity was at its peak, you would have deservedly earned your rewards, like perhaps purchasing that Kirby Puckett or Roger Clemens rookie you wanted instead.....as far as Strasburg, he will go as his team goes, but will be the face of it for at least another couple of years.....now, let's try to guess what would happen to him if he wound up with the Yankees someday.
<< <i>I agree with Heritage. The greatest young pitcher I have ever seen was Dwight Gooden. He was just unfreaking real his first couple of years. You wanna talk about getting enshrined in Cooperstown early? Is there anybody that saw Gooden pitch that didn't think he would eventually be a HOFer? Can you honestly look at Strasburg and say that he looks better so far than Gooden? I can't. Well, Gooden cards still have some value, but nothing like what you could have predicted. So, rather than trying to guess which guy is going to be the next Sandy Koufax or Tom Seaver, why not buy cards of Sandy Koufax and Tom Seaver? >>
What are you going to suggest next...we start reading books again.
Collecting PSA graded Steve Young, Marcus Allen, Bret Saberhagen and 1980s Topps Cards. Raw: Tony Gonzalez (low #'d cards, and especially 1/1's) and Steve Young.
Tiger was a different case from hot rookies in other sports. He was already the #1 superstar when the first mainstream cards (2001 UD) came out - and their value instantly was very high. Then, as the much more limited SP Authentic came out, the price plunged on his UD card. The fact that ridiculous quantities of 2001 UD were printed didn't help, and even though he contiuned winning tournaments regularly, the card lost more than 90% from its peak (and even more if you're talking about top graded examples) within about 12 to 18 months.
Tiger could have broken every major record in golf, and it wouldn't have preserved the price of his 2001 UD #1. Press runs and other products made sure of that.
Comments
<< <i>Have they said whether this will delay his Hall of Fame induction? >>
I thought he was already in the HOF.
CDsNuts, 1/9/15
Shame for the kid this happened to him. I am not surprised at all this has happened to him. I wish him the best...
nice one, Batista......any of you Strasburg collectors looking for a deal, i suggest you start in the midwest.
moment of silence for Mark Prior please
so is predicting his early demise IMO.
Buy all the Strasburg cards you can. BUY ALL THE STRASBURG CARDS YOU CAN.
But one of the same....lol
i hope strasburg or speilburg or whoever comes back strong, good for baseball & the hobby and the economy as long as it is before the world ends on 12-21-12. but what the heck live today as it is the last day and plan today as 1st day of your life.
but don't buy any steve howe rookie cards as he is not coming back off the DCL. (doing cocaine list). JMHO
Seriously, I hope nothing is wrong with the kid that a little R & R won't take care of.
Ron
And, of course, I know that it's not all about investment values. But one great thing about dead players--they don't tend to get involved in 'roid scandals or blow out their arms.
Jonathan Scheier
Cataloger - Consignment Director
Heritage Auctions (www.HA.com)
JonathanS@HA.com
1-800-872-6467 X1314
Consign to auction at Consign to Heritage Auctions
Connect with Heritage at Connect with Heritage Auctions
like diamondman explained, this is about catching a tiger by the tail.....i hit it hard on Frank Thomas when he got hot in the early 90's, later on it was Vince Carter cards......gobble 'em up, flip 'em fast.
holding value? do we care??? it's about people buying gifts and trinkets, i hope the realists among us don't think that modern stuff is going to carry them, unless they have an unlimited supply.
i'm a "vintage guy", too.
<< <i>I'm a "vintage guy," always have been, always will be. And, seriously, has paying huge money for brand-new rookie cards EVER worked out? Ever?? Remember Griffey Jr., McGwire, Bonds, Tiger Woods. I actually personally bought a ton of Jason Giambi rookies when he came to the New York Yankees. That's not going to fund my retirement, I'm afraid. You could go on and on. I actually don't mean this question rhetorically--can anyone think of a new/modern rookie card selling for over $100 which continued to hold its value after five, ten years?
And, of course, I know that it's not all about investment values. But one great thing about dead players--they don't tend to get involved in 'roid scandals or blow out their arms. >>
McGwire, Bonds and Griffey are or were worth more then they originally were. I was buying McGwires for commons in 87 when he was hitting his HR record.
Bonds went up, what like 10-20 fold from rookie, McGwire...even more.
I don't know what Tiger's cards were selling for 2001, but I don't imagine the several championships hurt him.
Now, in all these cases, they are not worth now what they were at their high point. But the cards you noted did go up quite a bit from rookie. Like any investment however, there is a time to sell.
It amazes me so many people like repeating what you said. Or better yet, the imagine the cool Mantle cards you could get with $15,000?
I would assume the person buying a $15,000 Stras., could likely but a nice Mantle if the person wanted to. One can also pretty much assume, that the person buying one, can likely afford to blow $15,000, and that it is worth that to them.
If I spent a week's pay on a cool Walter Payton, the list would applaud. It is all relative. Perhaps the people buying a high end Stras. make $15,000 a day.
Raw: Tony Gonzalez (low #'d cards, and especially 1/1's) and Steve Young.
<< <i>I agree with Heritage. The greatest young pitcher I have ever seen was Dwight Gooden. He was just unfreaking real his first couple of years. You wanna talk about getting enshrined in Cooperstown early? Is there anybody that saw Gooden pitch that didn't think he would eventually be a HOFer? Can you honestly look at Strasburg and say that he looks better so far than Gooden? I can't. Well, Gooden cards still have some value, but nothing like what you could have predicted. So, rather than trying to guess which guy is going to be the next Sandy Koufax or Tom Seaver, why not buy cards of Sandy Koufax and Tom Seaver? >>
there is no speculative motivation to buy products whose value rarely, if ever, fluctuates.....not everyone is looking for a buy and hold opportunity.....if you were buying and selling Gooden cards when his popularity was at its peak, you would have deservedly earned your rewards, like perhaps purchasing that Kirby Puckett or Roger Clemens rookie you wanted instead.....as far as Strasburg, he will go as his team goes, but will be the face of it for at least another couple of years.....now, let's try to guess what would happen to him if he wound up with the Yankees someday.
<< <i>I agree with Heritage. The greatest young pitcher I have ever seen was Dwight Gooden. He was just unfreaking real his first couple of years. You wanna talk about getting enshrined in Cooperstown early? Is there anybody that saw Gooden pitch that didn't think he would eventually be a HOFer? Can you honestly look at Strasburg and say that he looks better so far than Gooden? I can't. Well, Gooden cards still have some value, but nothing like what you could have predicted. So, rather than trying to guess which guy is going to be the next Sandy Koufax or Tom Seaver, why not buy cards of Sandy Koufax and Tom Seaver? >>
What are you going to suggest next...we start reading books again.
Raw: Tony Gonzalez (low #'d cards, and especially 1/1's) and Steve Young.
<< <i>While hyping his future success may have been premature...
so is predicting his early demise IMO. >>
Mike...
Tru dat...
Donato
Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set
Successful transactions: Shrub68 (Jim), MWallace (Mike)
Tiger could have broken every major record in golf, and it wouldn't have preserved the price of his 2001 UD #1. Press runs and other products made sure of that.
Nick
Reap the whirlwind.
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