<< <i>The quest to have strangers envy and/or admire you is probably the most useless pursuit known to man. >>
I can think of a number of cases where this is not the case. If you are an older guy who wants to have sugar babies they have to see it to believe it. You essentially have to throw chum in the water. One of the best tricks is to go to breastraunt and put the keys on the table.
You also cited another example about individuals that have been highlighted on American Greed. To pull off their schemes they must have the showy stuff to rope in their victims. I went to high school with two guys that their story was one of the cases on the show. The entourage of expensive cars and mind boggling spending at night clubs and sporting events sends a message of success and clouds people's judgement.
Neither of these two examples are particularly noble but are definitely not useless to the person doing it.
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta....
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the stigma of the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta.... >>
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the stigma of the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta.... >>
and good call on the gatsby reference. of the 1000's that partied at his house, funny how only 6 came to his funeral. one being owl eyes. wish we knew more about him!
and good call on the gatsby reference. of the 1000's that partied at his house, funny how only 6 came to his funeral. one being owl eyes. wish we knew more about him!
Looking forward to hearing about your recent purchases.
BUYING Frank Gotch T229 Kopec Looking to BUY n332 1889 SF Hess cards and high grade cards from 19th century especially. "Once you have wrestled everything else in life is easy" Dan Gable
Imagine if Gatsby was a card collector. His wild parties would consist of opening packs of 1986 Fleer Basketball and throwing the commons on the floor, while doing the Charleston.
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta....
especially if already married! ; ) >>
Welcome back Bob.
I think if you went into Twin Peaks and put this key on the table it might get some attention.
Maybe not as much as one with a horse on it though. LOL
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta....
especially if already married! ; ) >>
Welcome back Bob.
I think if you went into Twin Peaks and put this key on the table it might get some attention.
Maybe not as much as one with a horse on it though. LOL
>>
that's because you're dealing w/ waitresses....i'm more of the palm kinda guy and would keep both sets of those keys w/ the valet!!! ; )
Some dialogue with another collector got me thinking about this thread. The part that makes calling this card market in my view nearly impossible is the higher the prices go the more people like the product. In 1969 the Ferrari GTO was a $2,500 car. In the 80's they were hundreds of thousands and then millions. Then tens of millions and a confirmed sale took place at $52 million.
I posted it once before. "The illusion has become real, and the more real it becomes the more they want it."
If you get strong hands that actually want these high dollar cards. This could be a very real and powerful breakout. The other issue is the major financial market guy Jeffrey Gundlach who is the modern day bond king said several years ago that collectibles were a better place to invest money than stocks as they would be seen as a store of value and would rise rapidly as people lose faith in paper currencies. Sage advice at the moment for sure.
At times I am reminded of the many threads I started on this message board. There was a time when hobby discussion was relegated to a few places online and today those places are dead and social media platforms are where the action is at.
Unfortunately, in-depth real conversations rarely take place and just takes good or bad or minor comments. The message boards allowed for people to really dive deep into topics and produce really good informational content. I posted relentlessly on this message board for years and some of what I said came true and some didn't but this thread is particularly timely.
When the term came into my sphere of knowledge I looked at it only from the true apex items of the card hobby as in 2013 the card world was in a dramatically different place. I think most of us if we had it to do all over again would have been even more optimistic on cards as anything good became very good.
The values in this era were moving up but only a select few items crossed six figures and an incredibly exclusive segment seven figures. I honestly don't think anyone can truthfully say they saw the hobby getting to this point. The idea that PSA is grading 12 times as many cards as they did when I first wrote this thread is insane.
There are bounties of millions and millions of dollars on brand new cards. My comparison of a Ferrari 250 GTO to the top level Mantle and Wagner were accurate and my thesis they would only go up over time came true but the term was used in relation to a select few items and the card world is a different place today.
One could have never imagined that people would showcase a card in a diamond encrusted necklace that they paid just under 13 million for. We are seeing prices across the hobby that have never been seen and in lots of cases far exceeding the 2021 Covid peak.
The social acceptance of collectibles is at a level that none of us predicted and while some got the drop after Covid right and for a time could pound their chest and say I told you so, there are so many examples where they are now dead wrong.
Never in the 17 years I have been active again collecting cards has the bragging rights associated with items of value been more coveted. I have long told the story of how I had my wrestling cards displayed and no one cared and just cool Dave. Once there was some value they became more cool and once there was real value it was like these are really awesome.
We are at that stage where showcasing the best items whether in person or online get the desired effect of social acceptance and appreciation based on the value. This is driving the market higher. The term bragging rights has never been more appropriate.
On this message board some of the biggest items today in the hobby have been shown. There was a time where the excitement or appreciation was very contained. It is not today.
The younger generation views their Pokemon collection in many cases as their stock portfolio. We are seeing funds created with massive spending power and they are paying the highest comps ever with the thesis of the best only rises over time.
I think the challenge is when does it stop?
Who is the person paying the top on a dream of only higher prices?
When are the biggest buyers who present themselves as the smart money wrong?
I have never been comfortable with the term real collector because I don't think there is a true answer but when buyers are only speculators on price they aren't really collecting and in reality are only future sellers. The magic formula has been areas where people actually want to own the cards and not just move them. There are lots of sets and areas of the card collecting hobby where holding periods are long not minutes or hours like some.
The constant hot potato approach is a supply driven market because when it flips and there are more sellers than buyers prices fall quickly. When there are areas where cards never come for sale they have the best long term foundation and now the lines get blurry because that's what a lot of the big money wants.
They want the big cards and are using their own money and in many cases other peoples money turning the collectibles market into a market with valuations that can only be supported by shared dollars.
My favorite quote from a movie comes from Wall Street where Gordon Gecko tells Budd Fox the elusion has become real and the more real it becomes the more desperate they want it. We are at this stage.
If one had told me that PSA would ever grade 24 million cards in a year I would have said they were crazy. If they told me that we would routinely see million dollar plus sales I would have thought they were crazy.
We are in uncharted waters and time will tell how it plays out but never has there been more true conspicuous consumption in the card world.
Flex em if you got em. Talk your book. The environment thrives on this and while it may be easy to say the bubble will pop and maybe it is a true bubble the desire in our society for social acceptance and response has never been higher and it is going hand in hand with cards and that isn't changing just yet.
When I started on this forum I found it by chance and there were very few places online to get information on cards and interact but today the number participating on some platform is off the charts. The attendance levels at this years massive shows were monstrous and you would expect the same next year.
I do believe there are very few bullet proof items but had one bought the top items in any genre in 2013 that were the bragging rights pieces they won and they won big.
Conspicuous consumption as it relates to cards is real and it has never been more real.
You were bang on, on sportscards but it really is an everything bubble. Bitcoin was 13 bucks in 2013, Ai and memory stocks - Sandisk 10x in less than 2 years. I have no idea and don’t really care when the party ends but when it does holy cow lookout, this is going to be a correction for the ages and I suspect relative to other asset classes cards do ok.
Comments
<< <i>The quest to have strangers envy and/or admire you is probably the most useless pursuit known to man. >>
I can think of a number of cases where this is not the case. If you are an older guy who wants to have sugar babies they have to see it to believe it. You essentially have to throw chum in the water. One of the best tricks is to go to breastraunt and put the keys on the table.
You also cited another example about individuals that have been highlighted on American Greed. To pull off their schemes they must have the showy stuff to rope in their victims. I went to high school with two guys that their story was one of the cases on the show. The entourage of expensive cars and mind boggling spending at night clubs and sporting events sends a message of success and clouds people's judgement.
Neither of these two examples are particularly noble but are definitely not useless to the person doing it.
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta....
especially if already married! ; )
<< <i>aston's are nice rides.
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the stigma of the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta.... >>
<< <i>
<< <i>aston's are nice rides.
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the stigma of the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta.... >>
+1 welcome back!
and good call on the gatsby reference. of the 1000's that partied at his house, funny how only 6 came to his funeral. one being owl eyes. wish we knew more about him!
definitely too many klipsringers in the world!
"you're worth the whole d@mn bunch"
<< <i>thanks, mulls
and good call on the gatsby reference. of the 1000's that partied at his house, funny how only 6 came to his funeral. one being owl eyes. wish we knew more about him!
definitely too many klipsringers in the world!
"you're worth the whole d@mn bunch" >>
best quote in the book
<< <i>thank you. thank you! >>
Happy to see you are back as well.
Looking forward to hearing about your recent purchases.
Looking to BUY n332 1889 SF Hess cards and high grade cards from 19th century especially. "Once you have wrestled everything else in life is easy" Dan Gable
<< <i>
<< <i>thank you. thank you! >>
Happy to see you are back as well.
Looking forward to hearing about your recent purchases. >>
thanks rob!
glad to see this board started a "monthly pick ups" thread...some cool and diverse cards displayed!
<< <i>aston's are nice rides.
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta....
especially if already married! ; ) >>
Welcome back Bob.
I think if you went into Twin Peaks and put this key on the table it might get some attention.
Maybe not as much as one with a horse on it though. LOL
<< <i>
<< <i>aston's are nice rides.
i suspect some may want them because they admired them when they were younger. they aren't necessarily every day drivers, nor are they over the top flashy.
other's may buy them pre-40 just to avoid the never-ending "mid-life crisis" stigma.
i mainly like late 60's muscle, but can see why someone would choose a db7 gta....
especially if already married! ; ) >>
Welcome back Bob.
I think if you went into Twin Peaks and put this key on the table it might get some attention.
Maybe not as much as one with a horse on it though. LOL
that's because you're dealing w/ waitresses....i'm more of the palm kinda guy and would keep both sets of those keys w/ the valet!!! ; )
thanks, david.
I posted it once before. "The illusion has become real, and the more real it becomes the more they want it."
If you get strong hands that actually want these high dollar cards. This could be a very real and powerful breakout. The other issue is the major financial market guy Jeffrey Gundlach who is the modern day bond king said several years ago that collectibles were a better place to invest money than stocks as they would be seen as a store of value and would rise rapidly as people lose faith in paper currencies. Sage advice at the moment for sure.
1.4 million right out of the gate.
A 5 million estimate. This will be fascinating to watch for sure.
At times I am reminded of the many threads I started on this message board. There was a time when hobby discussion was relegated to a few places online and today those places are dead and social media platforms are where the action is at.
Unfortunately, in-depth real conversations rarely take place and just takes good or bad or minor comments. The message boards allowed for people to really dive deep into topics and produce really good informational content. I posted relentlessly on this message board for years and some of what I said came true and some didn't but this thread is particularly timely.
When the term came into my sphere of knowledge I looked at it only from the true apex items of the card hobby as in 2013 the card world was in a dramatically different place. I think most of us if we had it to do all over again would have been even more optimistic on cards as anything good became very good.
The values in this era were moving up but only a select few items crossed six figures and an incredibly exclusive segment seven figures. I honestly don't think anyone can truthfully say they saw the hobby getting to this point. The idea that PSA is grading 12 times as many cards as they did when I first wrote this thread is insane.
There are bounties of millions and millions of dollars on brand new cards. My comparison of a Ferrari 250 GTO to the top level Mantle and Wagner were accurate and my thesis they would only go up over time came true but the term was used in relation to a select few items and the card world is a different place today.
One could have never imagined that people would showcase a card in a diamond encrusted necklace that they paid just under 13 million for. We are seeing prices across the hobby that have never been seen and in lots of cases far exceeding the 2021 Covid peak.
The social acceptance of collectibles is at a level that none of us predicted and while some got the drop after Covid right and for a time could pound their chest and say I told you so, there are so many examples where they are now dead wrong.
Never in the 17 years I have been active again collecting cards has the bragging rights associated with items of value been more coveted. I have long told the story of how I had my wrestling cards displayed and no one cared and just cool Dave. Once there was some value they became more cool and once there was real value it was like these are really awesome.
We are at that stage where showcasing the best items whether in person or online get the desired effect of social acceptance and appreciation based on the value. This is driving the market higher. The term bragging rights has never been more appropriate.
On this message board some of the biggest items today in the hobby have been shown. There was a time where the excitement or appreciation was very contained. It is not today.
The younger generation views their Pokemon collection in many cases as their stock portfolio. We are seeing funds created with massive spending power and they are paying the highest comps ever with the thesis of the best only rises over time.
I think the challenge is when does it stop?
Who is the person paying the top on a dream of only higher prices?
When are the biggest buyers who present themselves as the smart money wrong?
I have never been comfortable with the term real collector because I don't think there is a true answer but when buyers are only speculators on price they aren't really collecting and in reality are only future sellers. The magic formula has been areas where people actually want to own the cards and not just move them. There are lots of sets and areas of the card collecting hobby where holding periods are long not minutes or hours like some.
The constant hot potato approach is a supply driven market because when it flips and there are more sellers than buyers prices fall quickly. When there are areas where cards never come for sale they have the best long term foundation and now the lines get blurry because that's what a lot of the big money wants.
They want the big cards and are using their own money and in many cases other peoples money turning the collectibles market into a market with valuations that can only be supported by shared dollars.
My favorite quote from a movie comes from Wall Street where Gordon Gecko tells Budd Fox the elusion has become real and the more real it becomes the more desperate they want it. We are at this stage.
If one had told me that PSA would ever grade 24 million cards in a year I would have said they were crazy. If they told me that we would routinely see million dollar plus sales I would have thought they were crazy.
We are in uncharted waters and time will tell how it plays out but never has there been more true conspicuous consumption in the card world.
Flex em if you got em. Talk your book. The environment thrives on this and while it may be easy to say the bubble will pop and maybe it is a true bubble the desire in our society for social acceptance and response has never been higher and it is going hand in hand with cards and that isn't changing just yet.
When I started on this forum I found it by chance and there were very few places online to get information on cards and interact but today the number participating on some platform is off the charts. The attendance levels at this years massive shows were monstrous and you would expect the same next year.
I do believe there are very few bullet proof items but had one bought the top items in any genre in 2013 that were the bragging rights pieces they won and they won big.
Conspicuous consumption as it relates to cards is real and it has never been more real.
You were bang on, on sportscards but it really is an everything bubble. Bitcoin was 13 bucks in 2013, Ai and memory stocks - Sandisk 10x in less than 2 years. I have no idea and don’t really care when the party ends but when it does holy cow lookout, this is going to be a correction for the ages and I suspect relative to other asset classes cards do ok.
Glad you visited the site again DPeck100.