I got the latest edition of the Beckett Basketball Pricing Guide, thinking maybe my collection would be worth something. I figured, with each card being nearly 20 years old, and having about 1000 of 'em, that I'd be looking at 5 figures. I remember when I got the edition back in the late 80s, they had cards from the late 70s priced at about $5 on average.
Apparently, my memory is either distorted or they've dropped the appreciation rates significantly. Just to put it one way: a Michael Jordan card from the 1989 - 1990 Season is priced between $1.50 and $3.00. Most valuable one I saw in there, that I know I have, is a David Robinson rookie card for $10.00.
So basically, I just spent $12 to find out that I wasted it.
Apparently, my memory is either distorted or they've dropped the appreciation rates significantly. Just to put it one way: a Michael Jordan card from the 1989 - 1990 Season is priced between $1.50 and $3.00. Most valuable one I saw in there, that I know I have, is a David Robinson rookie card for $10.00.
So basically, I just spent $12 to find out that I wasted it.