Sold my entire collection except for 2 cards, feeling regretful

You are wild for this lmao

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Was there a reason you didn’t want to vault if this was the case?

The index fund side makes sense but if the concern was more physical, there could’ve been a middle ground for it right?

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I don’t think I would but you never know! Maybe I’ll become a millionaire one day.

Long term, availability is probably not the issue as the people who own them die off, literally the most common/only way some of the rarer ones come to market is when grandpa’s estate gets liquidated. Luckily they have stable values, anything more than a doubling since retail adjusted for inflation is uncommon. Very different from Pokemon where the owner is more likely to be a money laundering tech billionaire high schooler and prices double every quarter.

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My grandpa had a huge train setup in his basement with the engines from the 1950s/60s. Aside from grandkids trying to relive their childhood at grandpa’s house, train collecting might see a large decrease in interest as the older generation “moves on”

:skull::skull::skull:
Had to pay 39K in taxes this past year… Not a fun time

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True, it’s a shrinking hobby, has been for ages. Not only model trains but the big ones too. Many old locomotives just rusting on sidings because there simply isn’t enough money and enthusiasts to preserve them. As a matter of fact, the exact engine I’ve been talking about is one of them.

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Are collectible taxes a US thing? Or is it to do with your Pokemon sales being over a certain threshold?

The reality of selling into a boom

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There are very few cards that money alone can’t buy. Can always buy them back next time.

Although true, this is very simplistic..
Sure, money can buy any card, but that only applies to multi-millionaires or billionaires, not the average collector.

If we look at the way values increase over the years, you may eventually be priced out of cards you used to own and have sold previously.

Greetz,
Quuador

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I’ve had so many bad issues with mailing services I just didn’t want to mail anything anymore

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I’m just beginning, opposite ends but lookin at a few things

Note: I am not a tax accountant. No one on this forum should take tax advice from one another other than a tax professional especially things that could land you in jail for tax fraud.

Freeze Slade! Police are en route! Prepare to be booked for illicit tax advice!

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If you already have regrets, you´ll be back soon. I remember selling about 50 percent of what I had back in 2019. Soon regretted that.

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Thanks for sharing - I am in a lifelong process of slooowly getting into trains (very slow, but I pick up something new every now and then). What can I find those 1:87 models under on Google?

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They do as good a job as any in keeping high quality international models in stock from the best manufacturers (Philotrain, NMJ, Micro Metakit/Feinmechanik, Lemaco, Fulgurex, Brimalm etc.) Then there are facebook groups, the usual suspects like eBay, local sites, forums etc.

Here is a czech one by Micro-Feinmechanik. :wink:

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To add some counterpoints:

  1. I am sure many of the cards you are selling have been listed elsewhere many months (if not years) ago before you have decided to also put them for an auction. Strong thoughts about selling a part of your collection (one card or 100) to me mean that mentally you are ready to part with the items.

  2. As for regret, this will always come, now or later, in some form regardless. 10 years down the line, you ask yourself, how much would the cards I sold be worth? You will either be happy that you sold at a price higher than the then-current prices, or sad that you didn’t keep them for longer. This will apply regardless of whether you’d be still in the hobby or not and whether you care for any sentimental value or not.

  3. A negative, but somewhat factual argument: One day we all turn to dust. Being optimistic and for those with families, one, maybe two or three generations will pass it down the line before it is sold, destroyed, burned, stolen etc. The cards may also be worth pennies at that time, nobody knows. This is true for most material things but nonetheless, the money can be used elsewhere for your own enjoyment or as more stable investment instruments. You can also rebuy some cards later if you feel the need to.

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  1. Thank you for sharing. These look very very beautiful.

  2. Not sure whether this was a coincidence or whether you knew :sweat_smile: but coming from the czech republic, this Heligon is one of the very few steam locomotives, maybe with the flying scotsman, I could name from the top of my head.

These would make an amazing display piece.

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I knew from a thread we had recently! :grin:

They really do make amazing displays. I used to have a custom made glass cabinet on the wall. Didn’t have the space or money for a railway. I’ll see if I can find some pictures. If one has the space and money though, nothing beats a proper railway. This one by an old, highly skilled acquaintance.