spending money you dont have to supply this new urge to collect pokemon… loans signed, credit cards made, withdrawaling from untouched savings… all for desire to collect and take part in this childhood hobby again.
fast forward a few months now all of a sudden you are seeing better grades at lower costs and better items that werent there before. so on so forth. your special items seems less special now. its like watching your diamonds morph into cubic zirconia before your eyes
not here for a finance lesson or to hear how im irresponsible and its my fault…im aware nobody else over spent my money, i just got caught in the fun . i knew pokemon cards were a gamble, and im mostly happy with my buys…as im intending to keep most of it for myself…BUT
… some of these buys make me sick… its hard to think about the money i threw away on bad decisions as a new collector
some of them eat me up and will be hard to recover from. anybody else have storys of huge loss or bad buys or anything they wish they could take back???
The only collecting decisions I regret are from selling things that subsequently increased in value by a dramatic amount. The only times I recall losing money through my collecting hobbies was from pimping out standard decks in MTG and forgetting to sell them before rotation lol. Don’t really regret those times, though, because I got a lot of use and fun out of the decks…but still definitely lost money.
Sometimes I buy a raw card that I thought was mintier than it was in the pics. But that’s the risk you take buying raw. I’d say overall my raw purchases do well but there are those raw buys that you wish you could definitely take back. But I don’t drop big monies on raw, I save that for safer purchases like PSA slabs.
@followgraphic,
You seem like you’ve learned some things from this experience. Hopefully they end up being more valuable than the money you’ve spent to learn them.
I bought two special delivery Pikachus for $250 each. Mind you, this was when they were going for $300+ so I thought I was getting a good deal. I fomo’d hard because I remembered seeing them go for $70-$80 not even a month earlier.
You can definitely lose “value” in many ways especially as a newer buyer entering within the last year or so but opening sealed product is definitely pure gambling. Fun though!
I paid 4.6k for a pikachu card that went in auction for 3k 2 weeks later , however that 4.6k was paid for by jungle psa 10 1st edition commons and played japanese base set charizards so, I ain’t sweatin.
just bought a $5000 1st ed zard because im sick of looking at my bgs 2 i spent 4k on only 3 weeks prior
neither card i can afford TBH… using credit and savings n stuff . but i pulled the trigger on the 4k one night to complete my zard collection once and for all… and… recieved it and frankly couldn’t stand looking at it after the first couple days (scratched worn corners etc) i thought i could tolerate but nope… so i bought a psa 5 a few weeks after. granted it looks great and happy with this new one . but i added almost 10k of debt to my name i didn’t plan on adding
the 4k was my impulse crazy purchase but didnt satisfy me so i doubled up my debt just to scratch an itch… now the 4k wont sell so i have both and cant afford either… whoops
