The Question of the Day is a way to facilitate community discussion to help members ponder the unanswered questions of the world that are somehow relating to the hobby. Questionsj are many times open ended and up to interpretation. Feel free to post your thoughts in as much or as little detail as you’d like.
Helpful Considerations may or may not help some people focus their answer, these are blurred to not bother those who have their own ideas.
Today’s Question: QotD: In percentage form, how much have you spent for your collection versus estimated current value?
Helpful considerations: 100%, your cost is the same as current value? 50%, your collection is worth twice what you have paid? Negative, your collection has lost value?
It’s impossible to know but maybe 1-2%? The $100-200 of pocket money outlaid over 7 or 8 years as a kid is really doing a lot of heavy lifting though. For stuff I’ve bought as an adult it’s probably more like 15-20%.
I typically price every single card I buy at near mint condition and purchase at 1/3-1/2 the price for a worse condition and i undercut everything. I have “damaged” cards which turn up “moderately-heavily played” that are worth more than what I payed.
With that said I would estimate my collection is worth maybe 30-40$ more than what I paid total. Lol. Oddish cards are not the most expensive so even if I pay .20 cents vs .65 cents it adds up.
I’m not sure what percentage that is. Someone math for me please. I guess my collection is worth around like, $250 I’d assume.
Rough estimate, I’m down to -3/-4%. My goal has always been to sell enough to cover my purchases. @lyleberr Negative means you already sold enough to cover all your input, over 100% would mean you paid more than it’s current worth.
about 5% I haven’t updated my spreadsheets in a while, but that’s a safe guess.
I can’t imagine trying to collect the same stuff now.
If I split-off graded stuff that’s about 25%, but it’s a revolving door and submissions waiting to be made could vastly change that… Tho those upcharges… meh, 15%.
No, I don’t quite follow your logic. what Im saying is I bought 10 items for 10 dollars, spending 100. They each went to 100 dollars, I sold one to make my 100 dollars back, now I’m at 0% spent vs value. Selling two means you have -100 spent, and 800 in value, putting you at -12%. I didn’t buy anything from the money I made. I am literally in with 0 dollars of my own money at this point.
In general the question did not assume that your collection includes sold cards or any other math about how you balance your books, but only cards you have. So in your example, you paid $100 for 10 cards at $10ea, sold one, then you currently have spent $90 for 9 cards with current value being $900. That is what is in your collection, but what youve spent in relation to current value is 10%.
Amazing! Yeah even better than I thought, youre saying you’re effectively at infinity gains as a percent but id agree its more like 10% in the spirit of the Q
I believe it just loses a lot of value as a metric if you ignore anything you sold. But hey, that’s my opinion! I understand what you guys are saying now. In that case I’m guesstimating about 20-25%.
