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George H.W. oval office posted:Magic card values are still insane to this day. Rare cards in current sets can go easily for $20-50. My brother will occasionally sell a bunch to pay for rent when he's in a bind. In a weird twist magic is helping him survive since he's a judge and will organize the friday night magic games at his card shop thus getting his otherwise expensive hobby completely free. I read through that too quickly and was laughing at the thought of an actual elected, gavel banging judge with a law degree having to sell magic cards to survive. fake edit:
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# ? Mar 30, 2020 14:27 |
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# ? Apr 29, 2024 20:16 |
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Bird in a Blender posted:I doubt we'll ever see real collectibles worth big money every again. It's all just the baseball card craze of the late 80's/early 90's all over again, and it just repeats ad nauseam. Something from 30-40 years ago sells big because no one thought to keep a bunch of copies laying around so they become rare, people try to get in on it now except a million other people have the same idea, so things stay worthless because they're not rare anymore. The ones getting rich off this are the people selling 'collectibles' new. Thousands of first editions of comic series that go nowhere, special time limited Funkopops, massive piles of Star Wars merchandise. The resale value may be abysmal (not sure how Star Wars stuff does on that though) but the retail compared to manufacturing costs is great.
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# ? Mar 30, 2020 14:27 |
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Cacafuego posted:I read through that too quickly and was laughing at the thought of an actual elected, gavel banging judge with a law degree having to sell magic cards to survive.
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# ? Mar 30, 2020 14:39 |
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Moneyball posted:The only collectible card from that entire time period is the 1989 Billy Ripken. No one cares about that gently caress face.
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# ? Mar 30, 2020 14:52 |
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It’s been said multiple times, but most collectible stuff is only collectible because people used to think it was trash. Anything that’s sold to be a collectible will never become a collectible. We toured the Hatch print shop in Nashville right before the world ended. They’re the poster printers who made all those iconic country and rock posters from the 50’s and 60’s. But it’s tough to find those old posters because they were the equivalent of lost dog signs stapled to telephone poles. They were disposable and printed on cheap paper so of course they’re rare now. Same goes for old comic books.
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# ? Mar 30, 2020 14:59 |
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An original 2007 iPhone is worth a bit of money, but only if it's still sealed in the original packaging.
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# ? Mar 30, 2020 15:17 |
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Bird in a Blender posted:I doubt we'll ever see real collectibles worth big money every again. It's all just the baseball card craze of the late 80's/early 90's all over again, and it just repeats ad nauseam. Something from 30-40 years ago sells big because no one thought to keep a bunch of copies laying around so they become rare, people try to get in on it now except a million other people have the same idea, so things stay worthless because they're not rare anymore. This is precisely why I regret not selling them a year or two ago when I was thinking about it. Never meant to collect them, just still happen to have them, and I never threw them out because I knew they had value to someone (just not me). Quick count I have between 800-1000 cards somehow. I should get on that and sell them to some sucker before they become worthless. But to be fair: wasn't MTG engineered to be collectible from day 1? I remember reading somewhere that they designed it to have cards that were collectible and worth money to help spur sales of new cards, and the fact that it was a game was almost secondary to them. also I just checked price for a card that I'm pretty sure my brother stole from me way back when, and it's "worth" anywhere between $100 and $2,000 depending on the edition. Based on the era of a bunch of my oldest cards, I think it's valued at like $400.
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# ? Mar 30, 2020 15:28 |
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Magic cards can easily retain or grow in value based on the meta and the multiple formats of play since some cards haven't been reprinted recently but are still in demand. Cards can drop in value precipitously too due to changes in what's allowed in formats. It's less, this magical, wondrous jewel like object is valuable and more, this is a staple of a currently being made and supported game that's been going on for two decades.
RocknRollaAyatollah fucked around with this message at 16:39 on Mar 30, 2020 |
# ? Mar 30, 2020 16:10 |
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OctaMurk posted:Its GWM up until the part where the feds bust you for literally putting baby cats in gas chambers Don't loving spoil this poo poo you jerk.
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# ? Mar 30, 2020 16:13 |
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axolotl farmer posted:An original 2007 iPhone is worth a bit of money, but only if it's still sealed in the original packaging. The original iPhones didn’t sell that well. That was a combination of 2g internet and a hosed up purchasing scheme where you paid full price for your phone and still had a contract. They corrected that after a few months, but it’d make sense that the original iPhone is the rarest one.
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# ? Mar 30, 2020 16:17 |
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axolotl farmer posted:An original 2007 iPhone is worth a bit of money, but only if it's still sealed in the original packaging. Krispy Wafer posted:The original iPhones didnt sell that well. That was a combination of 2g internet and a hosed up purchasing scheme where you paid full price for your phone and still had a contract. They corrected that after a few months, but itd make sense that the original iPhone is the rarest one. Wait that wasn't a joke?
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# ? Mar 30, 2020 16:20 |
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People are BWM when it comes to apple product nostalgia
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# ? Mar 30, 2020 16:46 |
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I know a guy who buys two of every Apple product release. One to use and one for his collection. He's definitely the sort of person who would overpay for an original iPhone mint-in-box.
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# ? Mar 30, 2020 17:12 |
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I've been collecting old home computers from the 70's and 80's, (Apple, Atari, Commodore, Tandy, etc.), for about twenty years now. At first, I did it because it was fun and cheap. I was finding stuff in thrift stores for a dollar. But the hobby seems to have caught on with speculators because prices have shot up. A Commodore 64 runs about 70-100$ these days in good condition.
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# ? Mar 30, 2020 19:35 |
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ltugo posted:I've been collecting old home computers from the 70's and 80's, (Apple, Atari, Commodore, Tandy, etc.), for about twenty years now. At first, I did it because it was fun and cheap. I was finding stuff in thrift stores for a dollar. But the hobby seems to have caught on with speculators because prices have shot up. A Commodore 64 runs about 70-100$ these days in good condition. Sure, but it cost $300 or so in 1985 dollars or whatever, so it seems like a great way to very slowly lose money.
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# ? Mar 30, 2020 19:37 |
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And that $300 in ‘85 was closer to $800 in 2020 Trump Bux’s. I think it’s more that Commodore 64’s were worth even less 10 years ago. So buy low and sell high.
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# ? Mar 30, 2020 19:42 |
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Subjunctive posted:Sure, but it cost $300 or so in 1985 dollars or whatever, so it seems like a great way to very slowly lose money. To be fair there lots of hobbies where you lose money faster than this.
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# ? Mar 30, 2020 19:50 |
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withak posted:To be fair there lots of hobbies where you lose money faster than this. Sure. Fine hobby, bad investment.
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# ? Mar 30, 2020 20:11 |
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Subjunctive posted:Sure. Fine hobby, bad investment. https://forums.somethingawful.com/showthread.php?threadid=3909673
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# ? Mar 30, 2020 20:17 |
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...idgi
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# ? Mar 30, 2020 20:18 |
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Subjunctive posted:Sure, but it cost $300 or so in 1985 dollars or whatever, so it seems like a great way to very slowly lose money. If you buy new and hold it forever like people did with Beanie Babies yeah. But we're talking about buying cheap stuff left for junk. That said, my dad sold the Commedore 64 we had growing up for like $75 to someone in Norway (or somewhere in Europe) a few years ago. Considering its actual value as anything other than a collector's item is equal to the scrap metal it contains, that's a pretty tidy profit. If you want to collect things that'll eventually be worth a fortune, you should collect industrial processors. Factories buy machines and run them for 30+ years until every single component is WAY past obsolete. Because the cost of downtime to reprogram and debug a new processor is massive, they'll pay out the nose for vintage processors that they can drop in and get back up and running. I've known plenty of people who scoured eBay to replace an old processor that they desperately needed a spare of because it was on its last legs. DaveSauce fucked around with this message at 20:42 on Mar 30, 2020 |
# ? Mar 30, 2020 20:21 |
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Subjunctive posted:...idgi Dating: Fine hobby, bad investment
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# ? Mar 30, 2020 20:25 |
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Time to post some BWM content about mortgage bankers:quote:At issue are the Fed’s unprecedented $183 billion of purchases last week of mortgage-backed securities. The purchases were meant to drive down rates, and they did. quote:But together with the storm that gripped financial markets from the coronavirus, they also effectively blew up a widespread hedge that mortgage bankers use to protect themselves against rate increases. The hedge pays them if the prevailing rate in the market is higher than the mortgage rate they locked in with the customer. quote:The huge volatility in mortgage bonds created massive margin calls from the broker-dealers, who wrote the hedges, to their mortgage bankers.
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# ? Mar 30, 2020 20:38 |
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Devian666 posted:Time to post some BWM content about mortgage bankers: ahahahahahahaha
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# ? Mar 30, 2020 20:47 |
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DaveSauce posted:This is precisely why I regret not selling them a year or two ago when I was thinking about it. Never meant to collect them, just still happen to have them, and I never threw them out because I knew they had value to someone (just not me). Quick count I have between 800-1000 cards somehow. I should get on that and sell them to some sucker before they become worthless. MTG always had levels of cards. Rares were usually really powerful, and obviously, really hard to get, and then there were some extremely rare cards. So some cards were just always going to be more valuable because they were more powerful in game, and thus very few were printed. What you really want is Alpha, Beta, or Unlimited. Revised was right after Unlimited, and the value is considerable from Unlimited to Revised. Beta had a 2.6 million print run, Unlimited a 40 million print run, and then Revised had like a 100 million print run. So once you hit Revised, there were just too many cards on the market.
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# ? Mar 30, 2020 22:05 |
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Devian666 posted:Time to post some BWM content about mortgage bankers: loving yes.
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# ? Mar 30, 2020 22:07 |
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DaveSauce posted:If you want to collect things that'll eventually be worth a fortune, you should collect industrial processors. Factories buy machines and run them for 30+ years until every single component is WAY past obsolete. Because the cost of downtime to reprogram and debug a new processor is massive, they'll pay out the nose for vintage processors that they can drop in and get back up and running. I've known plenty of people who scoured eBay to replace an old processor that they desperately needed a spare of because it was on its last legs.
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# ? Mar 30, 2020 22:30 |
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Back in 2002:quote:NASA needs parts no one makes anymore.
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# ? Mar 30, 2020 22:36 |
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Bird in a Blender posted:MTG always had levels of cards. Rares were usually really powerful, and obviously, really hard to get, and then there were some extremely rare cards. So some cards were just always going to be more valuable because they were more powerful in game, and thus very few were printed. What you really want is Alpha, Beta, or Unlimited. Revised was right after Unlimited, and the value is considerable from Unlimited to Revised. Beta had a 2.6 million print run, Unlimited a 40 million print run, and then Revised had like a 100 million print run. So once you hit Revised, there were just too many cards on the market. On top of that, they stopped printing some of the early super cards after Unlimited (collectively called the Power Nine). They're never getting reprinted, but are still legal (1 of each to a deck) for whatever they're calling the Type I / Legacy format these days. Small runs, high desirability, plus heavy use in the early days resulted in there not being many of these left. Also, most of what few remain are held by collectors keeping them behind glass and wanting $100K+ for them, so the available stock is even lower. (A "Black Lotus" card went for over $165K at auction last year; those were $500-750 back when I played in 1999 or so.)
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# ? Mar 30, 2020 22:36 |
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The Leck posted:I had a depressing moment a year or two ago when someone mentioned how crazy the market had gotten for MTG. I looked up some of the cards I remembered from a deck that got stolen in middle school, and based on some rough calculations, selling that deck of 60-ish cards would have paid for my last car, and I got in after all the REALLY rare stuff. I don't know that I could have really gotten that much, but it's crazy how much some of those things sold for. In true time is a flat circle fashion, my father had a comic book collection when he was a kid, which my grandmother threw away, that would have been worth a TON of money. He was always pissed that she threw it all away, without even telling him, and told me as a comic book collecting child that he would NEVER throw away my comics without asking me. And he never did. Along with my boxes of comic books I also had a box of MTG cards. Now let me tell you friends, I loved dual lands as a kid, and I loved the way Beta and Unlimited cards looked so...anyway, those all got thrown away, The End. Sundae posted:On top of that, they stopped printing some of the early super cards after Unlimited (collectively called the Power Nine). They're never getting reprinted, but are still legal (1 of each to a deck) for whatever they're calling the Type I / Legacy format these days. Small runs, high desirability, plus heavy use in the early days resulted in there not being many of these left. Also, most of what few remain are held by collectors keeping them behind glass and wanting $100K+ for them, so the available stock is even lower. (A "Black Lotus" card went for over $165K at auction last year; those were $500-750 back when I played in 1999 or so.) The comic book store in my hometown had a "Magic Night" once a week where about 50 dorky teenagers would congregate to trade cards and play each other for ante. One kid there had a Black Lotus, and I got so close to pulling off a Hershall Walker-esque trade for that thing. So crazy, at that time, you could buy it new for $300. That was like a years worth of allowance though :/
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# ? Mar 30, 2020 23:10 |
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When Zendikar was the current set, I opened a booster pack at a friday night draft that had a Hidden Treasure (remember that promo?) in it: an Unlimited Mox Ruby The owner of the store immediately offered me three entire booster boxes of Zendikar for it. I didn't know poo poo about card values at the time so I said okey dokey!!! I should really go throw a brick through his window one of these days.
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# ? Mar 30, 2020 23:58 |
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I had always assumed that promotion was some sort of hoax, honestly.
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# ? Mar 31, 2020 00:12 |
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My wife just explained to me that a Mox Ruby was recently a $10k card. She's really enjoying these MtG stories btw.
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# ? Mar 31, 2020 01:01 |
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Bird in a Blender posted:MTG always had levels of cards. Rares were usually really powerful, and obviously, really hard to get, ... One of my favorite Magic trivia bits that most people know but maybe not - Magic was created under the belief that it would be super casual; players would get a starter deck and maybe a few boosters. The initial design intentionally screwed with things to increase the mystique of the game and make it harder for people to solve things. Part of this was putting an Island on the rare sheet in Alpha. So if you, for some dumbass reason, decide to crack a pack of Alpha, you might get a $28,000 Black Lotus ...or a $40 island. The BWM is the idea of cracking sealed Alpha product rather than just selling it.
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# ? Mar 31, 2020 01:27 |
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Does anybody have an easy to digest chart showing the crash of Magic cards?
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# ? Mar 31, 2020 01:27 |
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Heffer posted:Does anybody have an easy to digest chart showing the crash of Magic cards? Have they done this? I quit in like 2012 but it sure seems like it keeps creeping up and up and up.
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# ? Mar 31, 2020 01:30 |
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Boxman posted:One of my favorite Magic trivia bits that most people know but maybe not - Magic was created under the belief that it would be super casual; players would get a starter deck and maybe a few boosters. And you'd play for cards. Each player would ante a card and the winner of the match would take both. There was an entire early category of cards that could interact with cards that had been anted, or that could otherwise change literal ownership of cards. That went out the window eventually but survived a suprisingly long time.
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# ? Mar 31, 2020 01:34 |
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Oh, I thought that was still true. I never played Magic because who wants to give up their stuff?
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# ? Mar 31, 2020 01:53 |
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Evil Robot posted:Oh, I thought that was still true. I never played Magic because who wants to give up their stuff? Pogs say hello.
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# ? Mar 31, 2020 04:38 |
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# ? Apr 29, 2024 20:16 |
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Remember Alf? He's back.
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# ? Mar 31, 2020 04:42 |