Tuesday, July 25, 2006
Baseball Wild Cards
Good article in Slate about baseball card collections from the 1980s, and why they are worth nothing. The collecting mania was marvelously documented by Charles Mackay over 130 years ago, but the lesson has to keep being re-learned. I knew someone who took a hefty buy-out offer from his employer and opend a baseball card shop. Within two years he was out of business. My favorite quote in the Slate article: Requiem for a rookie card. By Dave Jamieson: "This year there are 40 different sets of baseball cards on the market, down from about 90 in 2004. That's about 38 too many. "