A huge dissappointment today

Today I went to my folks house to remove the 1,000's of cards they have stored for me. I took them to the local hobby store I spoke of before and was informed that just about everything I collected growing up is worthless. 1980's and 90's stuff. Needless to say, I am dissappointed. The store owner made me an offer, but I have decided to hold on to them for my future children.
I'm sure they won't be worth anything then either, but it will be nice to have around. He was explaining to me that the card industry almost bellied up because of the over production of these cards. I know that's not something you think about when you're a kid, but it is interesting.
I purchased a magazine called Beckett from there today. I remember my dad would get the big book for me every year when I was a kid. The guy said that the magazine was cool. Some neat articles are in there.
It was a fun day of looking at cards and what could have been bad actually turned out nice.
I'm sure they won't be worth anything then either, but it will be nice to have around. He was explaining to me that the card industry almost bellied up because of the over production of these cards. I know that's not something you think about when you're a kid, but it is interesting.
I purchased a magazine called Beckett from there today. I remember my dad would get the big book for me every year when I was a kid. The guy said that the magazine was cool. Some neat articles are in there.
It was a fun day of looking at cards and what could have been bad actually turned out nice.
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Comments
Sadder still is the fact that the only valuable cards these days are autos, game used, or vintage. Base cards and many other inserts are basically meaningless in terms of monetary value.
BUT, they must be in GEM MINT condition.
Get an 86 Ryan or Schmidt in PSA 10 and throw it up on ebay and you will be surprised.
Steve
<< <i>Porkchop, I feel the same way. It wasn't until recently that I realized just how "crappy" those 80's-early 90's cards are in terms of value. Sort of sad, but it's the reality of the situation.
Sadder still is the fact that the only valuable cards these days are autos, game used, or vintage. Base cards and many other inserts are basically meaningless in terms of monetary value. >>
Ain't that the truth. Same goes for today's cards. You can get last year's issues for about 1/3rd the cost of the new releases in many cases. As a collector it makes monetary sense to stay a year behind!
Looking for 1970 MLB Photostamps
- uncut
Positive Transactions - tennesseebanker, Ahmanfan, Donruss, Colebear, CDsNuts, rbdjr1, Downtown1974, yankeeno7, drewsef, mnolan, mrbud60, msassin, RipublicaninMass, AkbarClone, rustywilly, lsutigers1973, julen23 and nam812, plus many others...
<< <i>I think these Topps Heritage cards ( HOF'er SP's ) could potentially have some value down the road in PSA 9 and 10. >>
Heritage has held it's own compared with a lot of issues IMO. The first 5 years:
2001 - complete set - $275
2002 - complete set - $325
2003 - complete set - $350
2004 - complete set - $400
2005 - complete set - $400
They will sell - all and all - for less on ebay but if one had a quality set at a show and someone liked it - I think they would fork out a bit more than on ebay where ya expect to find some clunkers in the set.
mike
<< <i>Today I went to my folks house to remove the 1,000's of cards they have stored for me. I took them to the local hobby store I spoke of before and was informed that just about everything I collected growing up is worthless. 1980's and 90's stuff. Needless to say, I am dissappointed. The store owner made me an offer, but I have decided to hold on to them for my future children.
I'm sure they won't be worth anything then either, but it will be nice to have around. He was explaining to me that the card industry almost bellied up because of the over production of these cards. I know that's not something you think about when you're a kid, but it is interesting.
I purchased a magazine called Beckett from there today. I remember my dad would get the big book for me every year when I was a kid. The guy said that the magazine was cool. Some neat articles are in there.
It was a fun day of looking at cards and what could have been bad actually turned out nice. >>
Trace
You're on your way.
You've probably learned the first lesson in collecting: collect what you like and it doesn't matter what the future value may bring?
Of course, we all want our collectibles to be worth something in case we have to liquidate but I guess I just don't worry about it.
BTW - you were given some good advice before - please come here if you plan to buy a graded card on ebay - in general, if it's not in a PSA, SGC or Beckett holder? Think twice before bidding. I think GAI graded cards are now up in the air - and I don't think I can trust them anymore - but that's just my opinion.
mike
Welcome to the club, I think ALOT of us hoarded late 80's stuff thinkin we would be rich one day. The funny part is if we threw it all out, we would have been right! I just founds hoards of 1990 score, even griifey rookies and frank Thomas are hardly worth anything, and it is dam near impossible to grade those and get a 10. I have been trading off teams sets from my childhood collection for red sox cards. At least they are something I enjoy.
"I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.
<< <i>Pork-
Welcome to the club... >>
Exactly. This happend to everyone that left the hobby and came back. It sucks, but at least your done with that. Maybe in a week you can step back from the disappointment and go back through the cards. There are many there that will spring various memories from sporting events to ridiculous card trade discussions. Take all those cards and put them in top loaders or something and you're really collecting.
BTW, that Beckett is nearly completely useless. Look at E-bay to see what cards are worth...and get ready for another disappointment. You might especially want to look at that great patch card you pulled. It was most likely the only card you can actually turn and sell. Is it worth what the box cost?
And if you don't want them, i know some people in Chicago looking for kindling right now!!!
<< <i>The folks who took a couple thousand dollars in the late 80's, bought new baseball cards, and salted them away thinking it would some day pay for their children's college education, had the right idea, just the wrong direction. If they would have taken the couple thousand dollars and bought high grade vintage cards, then their idea could have come to fruition. Certianly, a lot of people, most people, made this same mistake, choosing quantity of modern cards over quality of vintage cards. >>
The connection between rare and valuable was completely lost. I remember in '87 when everyone was stocking up on the topps wax at Costco. They would bring out pallet after pallet. If you think about it, it's hysterical. Anything purchased in the quantities that costco buys at will never be rare. How did we not see that?
(By the way, the trash can is full from the bottom to the top. It had nothing but cards in it).
Shane
Shane
<< <i>I ran an ad that I was buying cards and got many inquires. You should have seen the look on some people faces when I told them that the cards they were saving for their childrens college funds were worthless. It was not a good feeling to be the bearer of that bad new. I revised the ad and stated, "Please nothing after 1973!!!" The inquires almost came to a complete halt although I did have a chance at some old Bowman sets that the guy wante full book for VG sets. So much for my great finds. >>
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I like that idea , even though so far it has not produced anything great yet, you never know what can be coming down the road .
I would keep the add running .
If you are not perfectly happy that your horde may be worthless, you need to try something else.
I can hear the 9 out of 10 now, "you jerk, we collect for the love of it!".
7 of them are lying.
Loves me some shiny!
<< <i>Let the picture below serve as a lesson to anyone collecting modern cards for investment purposes.
If you are not perfectly happy that your horde may be worthless, you need to try something else.
I can hear the 9 out of 10 now, "you jerk, we collect for the love of it!".
7 of them are lying. >>
You are exactly right. I do collect for the love of it. I have often said that I would collect even if the cards were worthless. The catch is that I collect what I want. I did not want what I threw away. I have hoards of worthless Cardinals cards. They are worth a thing, but I pulled them out and will keep them.
Shane
ebay i.d. clydecoolidge - Lots of vintage stars and HOFers, raw, condition fully disclosed.
they do out out inclredible heat thought in my drum stove,ive have toasted tens of thousands so far this winter, about 100,000 or so id say, from the 500,000, long way to go , good old stuff in em too , so i gotta sort thru all the 88-91 donruss,these precious score cards,topps,i just sit and pitch em in the fire hatch,its kind liike throwing cards in a hat back in the old days
<< <i>Let the picture below serve as a lesson to anyone collecting modern cards for investment purposes.
If you are not perfectly happy that your horde may be worthless, you need to try something else.
I can hear the 9 out of 10 now, "you jerk, we collect for the love of it!".
7 of them are lying.
Gee, I hope that will at least go to the recycler.
<< <i> So, without further delay, here are the pictures! >>
Fantastic pics! Thanks for sharing.