PWCC literally *JUST* informed me that there will be 1 full minute between each of the PSA 10 1st edition Base Set holos. They are starting the auction 15 minutes earlier than originally planned to accommodate this (they were able to do this since my cards are the first in the entire block).
Just to get the inevitable way too early conversation started:
I saw them all at 0.99 cents. Did the bubble pop? Why did people not bid these up faster.
15 minutes later and Charizard went to $20k. Do you think the rate of those bid increases will sustain for the whole 10 days? That puts Charizard at about $19.2M after 10 days which feels like a steal.
Not sure if serious, but just in case let me clarify this…
I’m not going anywhere!
But I came to the decision to sell these cards because it got to the point that my collection was too substantial of a portion of my net worth.
Down the road, I would love to buy back many of the things that I’m selling this month. But I don’t think I’m yet at the point in my life where it makes sense for me to own a 7-figure collection. It’s better off in someone else’s hands at the moment.
What I am keeping is my trophy cards and my binder collections, and I plan on re-building my graded card collection over time.
@enlightenedbulbasaur I definitely know the feeling of owning more money worth of cards over cash in my bank account. I’m still very comfortable with that though. If I ever really needed cash I could just pick one or two cards and get the $500 or so i might need in a emergency. Well judging off your stories and the pictures I’ve seen of your collection you will have some serious cash coming in. Did you get rid of the PSA 10 Zard? Congratulations on buying it so many years ago and holding this long!
i mean, ultimately its diversifying and adjusting your portfolio. Cashin out always has a negative connotation i feel like. But its the norm for most investment farms to continuously reassess their portfolio/goals every quarter and adjust accordingly. Outside of real estate/ETFs/company stock plan, I adjust my positions in things at least once a quarter if there’s better opportunity elsewhere. Gains like what we have seen in 2020 are unsustainable.
I’m bullish on the cards I am selling. I think that they will very likely be worth more in the coming years than they are right now. But yeah, this is just about redistributing my portfolio in a way that takes on less risk.
Even after I sell what I’m going to sell this month, I will still have an overall collection worth well into 6 figures. That doesn’t quite match up with the idea of “cashing out”!
And as @qwachansey, said, I know I’m going to be tempted by a lot of things when that PWCC money eventually comes back.
My set was never registered. As @jonandek , mentioned one of the registry sets was his, but with his down that brings the number down a peg.
We know the theoretical maximum number of complete sets is 46, but I suspect the real number of complete sets is probably in the mid-20s. Just speculation though. They’re certainly incredibly rare (and the PSA pop growth suggests that situation isn’t going to change) and thanks to Jon and me they just got rarer.
Also if you want to go into the whole stamp thing, my set was one of just a small handful of complete thick stamp sets in the world. Could probably count those on one hand.