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Money in the bank cards

JaktJakt Posts: 573 ✭
in Trading Cards & Memorabilia Forum
Do you have a part of your collection that is essentially money in the bank? I have a some stuff that I came across that fits no where in my personal collection. However, if I were to put them for sale, they would sell quickly and for a lot of money. I have zero emotional connection to them and hardly even look at them. But, it's "money in the bank" and can be used almost like a commodity.

I thought of selling it and using the funds to buy stuff that I actually want, but then realized that the stuff I want will not appreciate as much. I'm probably one of the few people on here that will readily admit that I care very much how valuable my collection is. While I do enjoy chasing cards and building sets, at the same time I consider this an investment. Anytime I'm committing the kind of money I am to a hobby, it is clearly more than a hobby (for me at least).

So back to my original question; do you have anything like this in your collection? And if so, how do you handle it?
I'm building a 1968 and a 1970 Topps set. I have lots of 1970s and 1960s to offer in trade.

Comments

  • Foo3112Foo3112 Posts: 1,961
    I'm for the most part the same way. Its also nice to know that I can sell my collection off and get a few grand for it if I ever really needed to. As far as things not fitting into my PC, I sold all those last year and every single card I have now will stay in my collection with no plans to sell. I do have 1 card that is strictly for investment purposes but I don't see myself selling anytime soon. Maybe I'll wait till about 30 years from now and use it to have a nice little retirement stash aside from my 401k but Ive had that card for just over a year now and its average has already gone up over $1000 since I purchasing it.
  • Downtown1974Downtown1974 Posts: 7,001 ✭✭✭✭✭
    I've been there and done that. I sold EVERYTHING that I have no emotional attachment to, or does not fit into my collecting spectrum.
    Do I have anything I consider "money in the bank"? No, not in sports cards. I have 1 box of cards left that I am going to take to my grave. It has value, but not enough that it could bail me out of a financial hardship. But, I enjoy the hobby again because of it!
  • itzagoneritzagoner Posts: 8,753 ✭✭
    do you have anything like this in your collection? yes.

    And if so, how do you handle it? like grenades with the pins pulled out. image
  • royalbrettroyalbrett Posts: 620 ✭✭✭
    No.
    Yeah, I uploaded that KC icon in 2001
  • JaktJakt Posts: 573 ✭


    << <i>And if so, how do you handle it? like grenades with the pins pulled out >>



    Best answer ever! I'm going to steal that line at first opportunity.
    I'm building a 1968 and a 1970 Topps set. I have lots of 1970s and 1960s to offer in trade.
  • itzagoneritzagoner Posts: 8,753 ✭✭
    image
  • MrNearMintMrNearMint Posts: 1,209 ✭✭✭
    I don't have anything worth big money. But I'm trying to build little by little. I just graduated college and am a stay at home dad until I find a job...then it's open season on vintage cards (as long as my wife doesn't find out lol).
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