Crosby Cup ARP /99 Ebay Sale....

Overpaid....by about 3K... but as rare as these come up for sale I suppose its understandable. Thats my opinion anyway.
 
Regardless, I can't fathom how much some people pay for cardboard. Just my 2 cents.
 
Well then your mind will be more then blown that a comic from 1938 just sold for over 3 million (cost was 10c when new)
 
btw that last crosby 5/99 just resold for 11,000 ,, not a steal lol, 6,000 profit for doing nothing just saying ,, dam hoarders

love it
 
SimonJa said:
I totally agree Burner.. Wayyyyyyyyyyyy off!!
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Back centering matters as well. Thus, I'd say it's fair. Either way, seller should have cracked the case.

Haters will hate, but the card is unparalled in modern collecting.
 
C55 said:
Back centering matters as well. Thus, I'd say it's fair. Either way, seller should have cracked the case.

Haters will hate, but the card is unparalled in modern collecting.
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The centering in the back is wayyyyyyyy off as well. Not hating at all, theres no doubt that it is "unparalleled in modern collecting" but it is what it is my friend. These cards will fetch astronomical prices should Sid play a full career with this type of production!!
 
HighEndPlease said:
It's good for the hobby... now the other Cup RC /99 like Hall, Seguin, Stamkos, Toews looks so undervalued.
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I would say the opposite. Sales like this are BAD for the hobby. It creates unrealistic expectations across the board.

Also, when you get up into 5 figures for a piece of cardboard, it's no longer a hobby, it's a business.
 
TanguayFan said:
I would say the opposite. Sales like this are BAD for the hobby. It creates unrealistic expectations across the board.

Also, when you get up into 5 figures for a piece of cardboard, it's no longer a hobby, it's a business.
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Agree about the unrealistic expectations - a player like Crosby comes along once every decade and none of the players mentioned will match him (win multiple Hart Trophy's). Also, there will never be another inaugural Cup set.

But the price tag doesn't make this a business transaction rather than a hobby one. Can't rich people buy hockey cards for their enjoyment? We all have different budgets and the price tag is not what makes something a fun purchase vs an investment. You can spend $10 on a card with the intention of reselling it or $1000 with the intention of enjoying it.
 
TanguayFan said:
Also, when you get up into 5 figures for a piece of cardboard, it's no longer a hobby, it's a business.
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I also disagree with this comment. Cards sell in the five figures all the time to collectors finishing off high end sets or other collecting goals. You want a high end Bobby Orr rookie to put away for your grandchildren, guess what, your gonna pay five figures.

Sure, five figures may make it a business for some people but the exact thing can be said for three figures and other people. It is all relative, one person's perspective does not make it a general truth.
 
gomaz said:
I also disagree with this comment. Cards sell in the five figures all the time to collectors finishing off high end sets or other collecting goals. You want a high end Bobby Orr rookie to put away for your grandchildren, guess what, your gonna pay five figures.

Sure, five figures may make it a business for some people but the exact thing can be said for three figures and other people. It is all relative, one person's perspective does not make it a general truth.
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But the question is, can investing be a hobby? I'm not sure it can, although I fully accept and expect that some would disagree. By your statement, a collector is by definition a hobbyist. In actuality, I believe a hobbyist is one who follows their passion with absolutely no regard of financial implications. How many people would spend that kind of money purely for the enjoyment of it? To me THAT is a hobbyist. I also believe somebody can be both a hobbyist AND a businessperson, which is what a large portion of the membership here on HI would fall under. For instance, I collect Alex Tanguay, with no regard for financial implications, except to ensure that I do not exceed my budget. But all the other things I collect such as sets, or rookie cards, are bought with potential investment return in mind. Therefore my HOBBY is collecting Alex Tanguay cards, not hockey cards in general.

I'm not saying that business is a bad thing, but I don't think a single person would spend that kind of money without considering potential return, whether it be tomorrow, or for their kids/grandkids 40 years down the line. And you're right, it doesn't have to be five figures, it could be as little as a kid who spent their five dollar allowance on a pack of Upper Deck. I'm not saying that I'm right or wrong, but that's just how I view it, no matter how cynical of a view it may be :p
 
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gomaz said:
I also disagree with this comment. Cards sell in the five figures all the time to collectors finishing off high end sets or other collecting goals. You want a high end Bobby Orr rookie to put away for your grandchildren, guess what, your gonna pay five figures.

Sure, five figures may make it a business for some people but the exact thing can be said for three figures and other people. It is all relative, one person's perspective does not make it a general truth.
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+1 to this! :hug:
 
TanguayFan said:
But the question is, can investing be a hobby? I'm not sure it can, although I fully accept and expect that some would disagree. By your statement, a collector is by definition a hobbyist. In actuality, I believe a hobbyist is one who follows their passion with absolutely no regard of financial implications. How many people would spend that kind of money purely for the enjoyment of it? To me THAT is a hobbyist. I also believe somebody can be both a hobbyist AND a businessperson, which is what a large portion of the membership here on HI would fall under. For instance, I collect Alex Tanguay, with no regard for financial implications, except to ensure that I do not exceed my budget. But all the other things I collect such as sets, or rookie cards, are bought with potential investment return in mind. Therefore my HOBBY is collecting Alex Tanguay cards, not hockey cards in general.

I'm not saying that business is a bad thing, but I don't think a single person would spend that kind of money without considering potential return, whether it be tomorrow, or for their kids/grandkids 40 years down the line. And you're right, it doesn't have to be five figures, it could be as little as a kid who spent their five dollar allowance on a pack of Upper Deck. I'm not saying that I'm right or wrong, but that's just how I view it, no matter how cynical of a view it may be :p
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That is an interesting concept distinguishing between a collector and a hobbyist. They have always been synonymous in my mind and I will continue under that same assumption - that the hobby itself is, collecting.

I started collecting cards in the late 70's for the pure enjoyment of reading their backs and sorting them. That lasted right up until I laid my hands on Beckett Hockey #1. That was when I was told (by Beckett) that my otherwise not for sale cards had an, at the time, significant financial value. All of a sudden my Yzerman rookie card was worth $40. I think that for a lot of us in our 40's and older, the hobby was transformed at that time.

While my cards were now worth more than 35 cents a pack, my inner desire to complete sets and accumulate my collection was the same as it was before except that I now had to consider the future financial value of my collection because Beckett was going to report to me every month what it was worth and I wanted something to read and back in those early Beckett days there were actually articles to read that were interesting.

So let's fast forward to today and a couple of the changes that were brought to the hobby. Players were paid money to sign autographs that are inserted into packs. This drove the price to play to previously unheard of levels for the cost of new unopened product. At the same time, the NHL (and other sports leagues) players' salaries skyrocketed and the whole world of professional sports was commercialized to the levels we see today.

My point in all this I suppose is that unless you are still only collecting OPC or Series 1 you are most likely to consider the financial outlay and potential recovery of your money in the future, even if upon your death.

I set a hobby goal in 1988 to collect the RC of every 1000 point man in the NHL. The "hobby" aspect of that goal included the hunt for the cards, interacting with like minded people at cards shops and card shows (back then the Grant Park show in Winnipeg) and saving up my part time job money for the next target on my list. Collecting was part of the greater hobby. And yes, i admit that the financial aspect always played a part in my decision making simply because it had to.

Now when I purchase a card for say $1000 or more I always consider the financial aspect. I balance my desire to own, look at, and build my collection with my financial ability to lay out the money and then I also say to myself that worst case scenario I can sell it if I need the money down the road and upon my death, or earlier, my heirs will either continue with the collection or sell them and benefit financially.

In summary, I think that the hobby has a business aspect to it and this is because of the financial resources required to pay to play. And I do not think that is a bad thing. It is what it is today because of the licensing costs to the manufacturers. With respect to vintage, that is almost a different hobby altogether that is more similar to fine art and antiques because values are driven by natural scarcity versus the modern hobby's manufactured scarcity.

At the end of the day it doesn't really matter what we call it - a hobby, a business or collecting as long as we each enjoy it as we choose to approach it and we refrain from judging others who approach it differently and are not breaking any rules.
 

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