Showing posts with label tiffany. Show all posts
Showing posts with label tiffany. Show all posts

The Worst Advice About Baseball Cards I've Ever Received

Hi Friends and Fellow Collectors,

   They say it's good to dwell on the positive things in life, but sometimes, it's healthy to hop over to the dark-side for a bit and reflect on some of the wacky (but with good intentions) advice I've received over the years regarding baseball cards, from buying, collecting, investing, and selling. I'll share some of these events chronologically so you can appreciate the time and setting in which I was the recipient of these tidbits of advice.

   Well, about 30 years ago, my aunt and uncle used to come over to my house a couple of times per week, and they brought up the idea that I was spending too much time organizing my cards, building sets and preparing for and selling at card shows. They started hinting about how it might be best for me to start tapering down my collecting habit, since it might be hindering my schoolwork, and really, where was I going in life by collecting and selling baseball cards? Why was that bad advice? What a 15-year old should not do is talk back, so I decided to keep on with the cards, since I was carrying a 90 average and I always finished my schoolwork before working on my cards. Yakkity Yak, don't talk back! So, the breaking news on that advice they gave me is that the college degree looks great on the wall and I am proud of it, but that baseball card "habit" of mine has been working out pretty darn good. It's slightly evident to them and I make sure to slip a baseball card in their birthday cards and their anniversary card every single year. You see that? Baseball cards do bring smiles!

   During the years of 1986-1991, an era that some folks in the business refer to as the over-production or "junk" years, I had conflicting advice from some fellow collectors. I was warned by some as if I was to avoid the bubonic plague to not throw a single penny into cards until the printing press slowed down. Of course, I did not heed that advice. Good thing, because if you do a quick eBay search for 1987 Topps Baseball cards and select only "sold items" and eliminate Tiffany cards from the search, you will see some pretty high selling prices for cards that folks wanted to wallpaper their homes with. That is selling prices as both graded and ungraded. I'm stocked to teeth and now the waiting and patience is starting to have a value attached to it. Listen to your little voice inside.

   During that same time, I did take bad advice two times, and paid the price for it. The first time, I was advised by two collectors who followed the Minor Leagues very closely via publications that they ordered in those pre-Internet Stone Age times. They told me to put everything behind the 1988 Topps Mike Campbell cards. There was one bulk vendor, and I bought $100 worth, a lot of money for a 16 year old in 1988 dollars. Needless to say, Campbell flopped and I phased out those two woodpeckers from my circle!

   The second time, I had my eyes on a promising rookie coming up through the Yankees organization, by the name of Derek Jeter. I had as much info as I could find by making calls, but I needed to get in touch with actual die-hard followers of the Yankees, since I am a die-hard follower of the Met's only! I made contact with a friend of a friend, and this fella was like a book of everything Yankees. I quizzed him on the most obscure stuff I could find at the Library (do those still exist?). He knew his stuff cold, and knew all of the upcoming prospects. Bingo! I was now 21 and had a little bit more money to play with, and I was going to plunk down $750 as an investment. He was so dead-set against Jeter, saying he was injury prone, and was going to choke when he hit the Majors, and he set out some really reasonable arguments against Jeter. He seemed valid and I took his advice. Fast forward all of these years, and I am still quite upset with myself for that bad advice, because I was going to be spreading my purchases across the Rookie Cards of Jeter from all of the main card companies, and I had a guy who had 25 of the SP Jeter cards. Yes, 25, and they were going at $8 per card (slightly jacked up New York City pricing). Oddly, I lost Mr. Yankee Advice's phone number. It's still a mystery today as to how I could have lost it .

   So, as you can see, I dodged some bullets, but got caught between the eyes with some others. I remember a friend in the business warning me not long ago about mixing in (selling) Pokemon Cards and Coins, in addition to the cards. He failed to realize that many folks collect a couple or all of these items simultaneously, and if you can be the person helping them get everything they need in one shot, they'll come back again and send their friends, as well.

   Overall, as I said in the beginning, all of this advice was done with good intentions, but still, that was just some of the worst advice I've ever received about baseball cards.

   Ummm....anybody want to buy some 1988 Topps Mike Campbell Rookies?
Many thanks and Regards,
Your friends at CardboardandCoins.com

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Prices Finally Jump for Late 80s/Early 90s Cards

Hi Friends,

   I'm glad to make the announcement that the tide has turned in the baseball card market. Let me explain:

   In the late 80's and early 90's, Topps, Donruss, Fleer, and the other baseball card companies started mirroring what they were seeing in the market over the previous years. What were they seeing? They saw people like me buying 10/20/30/40/50/100 of certain key players and rookies. For me, it was really about 1987 that things started heating up in terms of investing in baseball card rookies. I was hot on the prospects of Red Sox rookie Mike Greenwell. I had him pegged for a 400-500 HR Career. So I bought 100 of his 1987 Topps cards (Card #259), at 15 cents per card. I also got my cousin and uncle to invest, and since then, I have been the subject of many a family joke regarding it. Therapy helps, somewhat.

   I'm also loaded up with 50 x 1987 Dale Mohorcic cards and 50 x 1988 Mike Campbell cards, among many others (Note: I'm not complaining about the 20 x 1987 Topps Barry Bonds cards I snapped up for 15 cents each back then!!)

   So, anyway, the reaction of the big companies to this buying spree and the mentality of baseball cards of hot Rookies as a Blue Chip investment, or a Stock Market type of investment, was to produce. And produce. And produce. The flood came and it remained. All of them went overboard. Thus, the abundance of unopened packs/boxes/cases from those years that are/were out there.

   Now, I obviously have a vested interest in the success of those cards, especially the stars I have saved for years in Gem Mint condition. I watch that segment of the market very closely and I look for signs. And the signs are here and changes are coming. But Wait....

   For all of those who whine and complain that they mass produced cards in the late 80's and early 90's and they'll never, ever, be worth anything and you should "use them as wallpaper", and boo hoo/waah waah, I've got a news flash for you, so cover up those beer bellies, pluck the jumbo beefburger chunks out of your goatees, and tell your all of your ex-wives that you've got some amazing news!

   You see, in school, you missed a very important lesson in your Economics class, and the lesson was on Supply and Demand. Sure the supply is the same as it has always been, but production stopped eons ago. Look, I know first hand since my son is very into cards, and now, so are his friends, so that demand has increased because there are so many new collector's, kids and adults, entering the hobby. They know nothing about that over-production jazz, and they want cards from these years.

   More importantly, the tide is turning on prices, as you'll see everyday on eBay that more and more 1987/88/89/90, etc cards are being sold more frequently and at higher prices. Also, the supply of vending boxes, especially from 1987 and 1988 are drying up. 3 vendors I deal with told me they cannot sell these at $5 each now, and are commanding 2x that and even 3x that amount.

   Let's be clear: I'm not talking Tiffany prices here, but I am talking about regular Topps prices. So even if the 1987 Topps Charles Hudson card sold at $12 or the Jeff Stone sold at $14 due to population factors, can you say these cards are worthless when now the Barry Larkin Rookie from the 1987 Topps Rookie set sells for $38 and the Pete Rose for $36, per confirmed closed sales over the last 3 months? How about the 1988 regular Topps Nolan Ryan card selling for $50+ or the 1988 Topps Tom Glavine Rookie selling over $30? Similar price jumps are happening with the other major card companies, as well. People are plunking down cold, hard cash. Change your mentality, change the world.

   As for my Mike Greenwell investment, I was a little off on the career home run tally for him, and he only hit 120 homers over 12 years. But did you realize that he was a lifetime .300 hitter, batting .303 by the end of his career? Lifetime .303!! Not too shabby! Did you also know that after retirement, he opened up and runs an amusement park? A true, but irrelevant fact...Yay!

   But seriously, after almost 27 years of sitting under $1, the graded card has sold on eBay multiple times the past few months, ranging from $6 to $16 (plus shipping costs, so that's $10-$20). This has all happened recently, but it's a very promising start. I am happy to say that I am now once-again a full-ranking member of my family, and I've have been welcomed back to all family functions, except Bingo Night.

   For all of you that are swimming in these cards, take a step back and handle them with care. Sleeve them. Top Load some of them. Start putting out a little taste to see if you get some bites. We have all been incredibly patient, and now the time is starting to become ripe for us to sell these beautiful vintage cards to the next generation for them to collect and enjoy. It's a good day !


Regards,
Rob Eisenstein
CardboardandCoins.com


Related keywords: baseball cards, tiffany, Topps, investment, 1987, 1988, Bonds, Larkin, Greenwell, Red Sox, eBay
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