Baseball Cards - An Investment that got LOST

Posted on August 17, 2008 
Filed Under Digital Services, Non-Digital ramblings

Back in the 70’s I began collecting anything I could get my hands on. Football cards, Basketball cards and the big fish baseball cards. This collecting forwarded on up to the 90’s. Over this time I have boxed up and protected these cards for safe keeping until someday I knew when I wanted to sell them. We grow out of things sometimes. I have monitored the value of the cards since day one hoping that one day I would have a valuable hoard of cards. In the 90’s I checked the value of my cards, and main group that I knew I had had increased in value very nicely. One set was worth close to $1000, that was then over 15 years ago. Now cards are not a commodity that will last for ever, they are paper and anything at any given time to mess them up and their value disappears.

Now for 2007, you would thing that the value of card, baseball cards to be exact would be worth more now than when they were bought 30+ years ago, do-you-not-think? We I was in for the shock of my life. A card worth book value $90, a 1974 season card, would be worth more now, not this same card that no new ones has been made for 33 years is now only work 23 percent of its value in 1990. About 25 dollars, not sure if the ebay.com gods have bastardized the hobby to what it is or what. The baseball card industry does remind me of the housing marketing, you buy something and hold onto it for 30 years, when it is time to sell the value has gone way down.

What is really bad the new baseball card value books now relay these reduced values. These must be the same folks that made up the new global warming hoax.

Somebody help me out please

A Mike Schmidt MINT 1974 Topps Baseball Card #283, his first card that he is alone on a card, but not considered his rookie card was valued over $90 in 1991, Mike a 500 HR hitter and in the Hall-of-fame, now is card is book value at $25. $90-$25 = $65 decrease in 15 years. Somebody is out of their minds on the value.

Anyone have a story like this????

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Comments

One Response to “Baseball Cards - An Investment that got LOST”

  1. admin on August 18th, 2008 9:33 am

    I got a bid on ebay for the Mike Schmidt MINT 1974 Topps Baseball Card #283 totaling about $55 dollars. very cool just a few hours to go.

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=190244198889&ssPageName=STRK:MESE:IT&ih=009

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