August 7, 2018
Value Statement
By Joe Harvey Some people are collectors, some are not. Some folks consider themselves too practical to spend time building a collection of coins, cards, stamps, or other treasures. If they don’t have a practical use for something, they sell it, donate it, or throw it away. Noncollectors just don’t understand the remarkable prices people pay for collectibles—like baseball cards. A Babe Ruth card from 1914 is reportedly worth $517,000. Another baseball card, featuring Hall of Famer Honus Wagner, is worth $2.8 million. People say collectibles can be valuable if they are rare, in demand, authentic, and in mint condition.
