Fernando Tatis Jr

[BGeezy]

Originally Posted by TaylorLH

It’s more of not being overexposed financially to cards and a single player.

I like my collection of cards as an expensive hobby that occasionally is an investment. I’m I’m not as comfortable having $10,000 in Tatis alone.

It’s just more in cards than I really ever have had or want to have at this point. Not that I don’t believe in him

But you didn't put $10,000 into Tatis right? Your actual exposure is much less. That's just what that card has gone for before, so that's your potential net if you sell now or opportunity cost on that card if you don't sell now and it craters.

I'm only exposed $425 (card) + $75 (grading) on mine. It most recently sold for $6,300 as a PSA 10. Sure, that'd be nice right now... but honestly, I'm not strapped for cash and ultimately I'm willing to take the risk and let it ride. I'm only $500 in, although with my other Tatis cards I bought all before last season I'm maybe $1-1.5K in total, obviously opportunity cost is much higher, but it is what it is.

[tyrith]

Originally Posted by BGeezy

But you didn't put $10,000 into Tatis right? Your actual exposure is much less. That's just what that card has gone for before, so that's your potential net if you sell now or opportunity cost on that card if you don't sell now and it craters.

I'm only exposed $425 (card) + $75 (grading) on mine. It most recently sold for $6,300 as a PSA 10. Sure, that'd be nice right now... but honestly, I'm not strapped for cash and ultimately I'm willing to take the risk and let it ride. I'm only $500 in, although with my other Tatis cards I bought all before last season I'm maybe $1-1.5K in total, obviously opportunity cost is much higher, but it is what it is.

Well, once you have the card, in terms of how you look at your overall financial position, you shouldn't stay anchored to what you paid for it. Now, it sounds like you're in a position that you can afford to own your card, enjoy it, and let it go where it goes - and that's great! Enjoying cards is the point. But if the blue TC auto is worth 10K, it's worth 10K, and if he ultimately sells it for 4K he has lost the six thousand in value. And that has different ramifications - both practically and psychologically - to different people.

[BaseballKing]

I hope he gets a homerun today. I believe the market is that reactive at the moment. No homers,no buy. I would like to move one of his cards to pay for recent grading costs. Ebay is painfully slow at the moment. I feel like most of the watchers are just that - watchers.

P.S. I don't give my cards away.

[BGeezy]

Originally Posted by tyrith

Well, once you have the card, in terms of how you look at your overall financial position, you shouldn't stay anchored to what you paid for it. Now, it sounds like you're in a position that you can afford to own your card, enjoy it, and let it go where it goes - and that's great! Enjoying cards is the point. But if the blue TC auto is worth 10K, it's worth 10K, and if he ultimately sells it for 4K he has lost the six thousand in value. And that has different ramifications - both practically and psychologically - to different people.

That's just potential value, it's only real value once it's realized. The potential value based on the most recent sale is actually $6,000 not $10K. After ebay fees it's more like $5,250 and then there's taxes that need to be paid on that next year on top of it. All of that needs to be considered.

I was going to get more into the topic of opportunity cost, but it looks like someone made up their mind and listed it already.

[TaylorLH]

Originally Posted by tyrith

Well, once you have the card, in terms of how you look at your overall financial position, you shouldn't stay anchored to what you paid for it. Now, it sounds like you're in a position that you can afford to own your card, enjoy it, and let it go where it goes - and that's great! Enjoying cards is the point. But if the blue TC auto is worth 10K, it's worth 10K, and if he ultimately sells it for 4K he has lost the six thousand in value. And that has different ramifications - both practically and psychologically - to different people.

Yeah in my mind it’s worth what it’s worth. If the market has it priced ~5000 in my mind it’s that much in my collection value. I’m not as scared about losing some a little value as much as I see cards as a hobby that has some investable value, I’m not in it for heavy investing and for my budget 10,000 in card value on a single player is significant.

Besides a card like that for me gets put away safely vs an inception patch auto stays out on my desk and I enjoy that from a collectors standpoint more.

If I sold it for a good price I can take my family on vacation, buy some cards I’d like, and put some money away. I still got my XFractor and Prisms and he’s my favorite active player but it’s how I feel about it

[TaylorLH]

Originally Posted by BGeezy

That's just potential value, it's only real value once it's realized. The potential value based on the most recent sale is actually $6,000 not $10K. After ebay fees it's more like $5,250 and then there's taxes that need to be paid on that next year on top of it. All of that needs to be considered.

I was going to get more into the topic of opportunity cost, but it looks like someone made up their mind and listed it already.

It’s listed it doesn’t mean it’ll sell or that I’m gonna sell it for 4K. To me opportunity cost is just as high as the unrealized gain. To each their own. For some 5,000 isn’t changing much. For me within cards that’s a fat stack of money and pays for the hobby the next few years

[TaylorLH]

Butttt if it’s an easy 10K card feel free to take it off my hands for 5000 shipped outside of eBay and you can double your money :P

[BGeezy]

Originally Posted by TaylorLH

It’s listed it doesn’t mean it’ll sell or that I’m gonna sell it for 4K. To me opportunity cost is just as high as the unrealized gain. To each their own. For some 5,000 isn’t changing much. For me within cards that’s a fat stack of money and pays for the hobby the next few years

Just keep in mind the PSA 10 has already gone down from 10K in early May to 6,300 by the end of May. Selling right now is selling on the way down and the unrealized gain later if it goes back up would become the opportunity cost risk if you realize value today.

I understand your decision and you do you, I don't blame you one bit. I'm just trying to provide the other side of the argument. I'm not selling in today's market, myself, I've actually been buying quite a bit.

I hope you get a good price for it that you'll be happy with!

[BGeezy]

Originally Posted by TaylorLH

Butttt if it’s an easy 10K card feel free to take it off my hands for 5000 shipped outside of eBay and you can double your money :P

I wasn't the one calling it a 10K card though.

[TaylorLH]

Originally Posted by BGeezy

Just keep in mind the PSA 10 has already gone down from 10K in early May to 6,300 by the end of May. Selling right now is selling on the way down and the unrealized gain later if it goes back up would become the opportunity cost risk if you realize value today.

I understand your decision and you do you, I don't blame you one bit. I'm just trying to provide the other side of the argument. I'm not selling in today's market, myself, I've actually been buying quite a bit.

I hope you get a good price for it that you'll be happy with!

Yeah I mean it’s something where I’ve listed it 6000 obo and I’m not taking a big lowball on it, I can hang onto it until we get toward playoffs

I’m in the middle, if I can get a good price I’d sell it but I don’t see myslf taking the first offer I get Especially with eBay fees eating at it

[TaylorLH]

Now off that card idk how I just stole this one on eBay for under 200 but this has been one I’ve always loved. I don’t even care for the grade. Probably cuz the ink isn’t perfect but I love the silver auto and it’s bigggg

[quackhead]

Originally Posted by Haigo

[IMG]Untitled by Haig Avakian, on Flickr[/IMG]

Bored at home last night and an $80 gamble with Super results. Still can't believe it.

[Noles939913]

So Tatis Jr. struck out three times tonight and Kurkjian dropped an amazing stat...Tony Gwynn struck out three times in a game exactly once...for his entire career.

[quackhead]

Originally Posted by Noles939913

So Tatis Jr. struck out three times tonight and Kurkjian dropped an amazing stat...Tony Gwynn struck out three times in a game exactly once...for his entire career.

Greg Maddux hated Tony Gwynn

[pewe]

Originally Posted by Noles939913

So Tatis Jr. struck out three times tonight and Kurkjian dropped an amazing stat...Tony Gwynn struck out three times in a game exactly once...for his entire career.

And Gwynn’s ISO rarely exceeded .100 and his BB% rarely more than 8%.

Not very comparable players...


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[BGeezy]

Just received a 69 card sub back from CSG. Had some Tatis PC items in it.

[ThoseBackPages]

i still need to pick up a csg slab

[jasonm2121]

Originally Posted by pewe

And Gwynn’s ISO rarely exceeded .100 and his BB% rarely more than 8%.

Not very comparable players...


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The league is very similar to 1992 as well.

[stinkus]

Forgive me if this point has already been touched on. If the above card being discussed - not sure what it was, just saw its gone from 10k to about 6k - what gives here? He has been absolutely on fire, and the injuries and covid seem to be behind him for the moment.

So if tearing the cover off the ball has caused this sharp drop in value, what's to say waiting for an upswing is even going to happen? If high performance equals no high price, then why hold and wait? Wouldn't it make more sense to take guaranteed profit and move money elsewhere? I'll hang up and listen.

[moosetequila]

Originally Posted by ThoseBackPages

i still need to pick up a csg slab

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[jasonm2121]

Originally Posted by moosetequila

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I don't

[BGeezy]

Originally Posted by ThoseBackPages

i still need to pick up a csg slab

The two posters above seem like they're judging them without having them in hand, but they are by far the best slab out of BGS, PSA, etc. and I have primarily PSA in my collection.

People may not like the green flip, but the slab itself is on another level. I try to sub cards to CSG that match the label as well so it has the eye appeal.

[hermanotarjeta]

Originally Posted by stinkus

Forgive me if this point has already been touched on. If the above card being discussed - not sure what it was, just saw its gone from 10k to about 6k - what gives here? He has been absolutely on fire, and the injuries and covid seem to be behind him for the moment.

So if tearing the cover off the ball has caused this sharp drop in value, what's to say waiting for an upswing is even going to happen? If high performance equals no high price, then why hold and wait? Wouldn't it make more sense to take guaranteed profit and move money elsewhere? I'll hang up and listen.

What you say makes complete sense, when the market itself has been scorching hot and you have a hot player you sell for what you can get.

Problem is, every player who is on fire becomes the next mike trout, and you wonder if that $10,000 card could become the next $50,000 or $100,000 card and you don’t want to miss out.

Many people bought in cheap and don’t care if they sell the card or not, even at the risk of the card declining in value by 90%.

The bottom line is if you are going to sell, you must ask yourself what you are going to do with the money - buy a different card? Pay rent? Vacation? Group breaks?

Only them will you know if you have made a wise decision or not.

Some people see the drop in price as a buying opportunity, others may see it as a bubble collapsing - who knows who will be right and when!

[ThoseBackPages]

Originally Posted by BGeezy

The two posters above seem like they're judging them without having them in hand, but they are by far the best slab out of BGS, PSA, etc. and I have primarily PSA in my collection.

People may not like the green flip, but the slab itself is on another level. I try to sub cards to CSG that match the label as well so it has the eye appeal.

i think most folks' "issue" is with the size (literally) of the flip.

my "issue" is that they did not follow their CGC flip for SPORTS Cards, but DID for non-sports and CCGs

[hermanotarjeta]

Originally Posted by jasonm2121

I don't

Yeah, the slab might be solid but that label is pretty grotesque - it’s huge and draws attention away from the beauty of the cards.