View Single Post
Old 05-15-2022, 04:56 PM   #392
pewe
Member
 
Join Date: Sep 2018
Posts: 26,641
Default

Quote:
Originally Posted by fabiani12333 View Post
Okay, so you're saying this hypothetical person is being forced to sell his cards as a financial necessity. Obviously, they and their family have overextended themselves because well-off and wealthy households normally don't have to sell off personal belongings just to pay for life expenses -- cutting back on extravagant expenses should be enough.

So if they can't pay for their hobby anymore, they'll automatically stop buying and ripping product. Then they'll look to pair back or completely liquidate their collection. If I were in their situation, I would pair back my collection and retain the most desired cards that will have long-term value.

Well, I think in the case I laid out this hypothetical “wealthy” buyer first stops spending $100k/year on cards. AND maybe sells some cards. But I’d anticipate that is a bit more modest for some (many?) at the start.


Sent from my iPhone using Tapatalk
pewe is offline   Reply With Quote