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<p>[QUOTE="J Dagger, post: 10239528, member: 10944"]So let’s say $5 pocket knives are what you can afford. You buy 20 $5 pocket knives over a year or so. You have a nice collection in your price range. They are all worth about $5. They are a luxury but you love them. You are just getting by in life, making your bills but don’t have much more than $5 extra every month of so to buy a $5 knife. Then one day at a yard sale you find a pocket knife priced at $5 that’s actually easily worth $2,000. It will obviously be the best piece in your collection and you’d love nothing more than to keep it. However since you could make $1,995 profit off of that knife and put that towards rent, fixing your car, saving for a house, kids college fund, whatever, even though you want to keep the knife you cannot really afford to keep it. That profit margin is far more of a need at the time than having the knife in your collection. So you’ve bought something you typically couldn’t afford, but can’t really afford to keep it. It was a throw away comment that I guess I didn’t make clear. Still have the knife you took that cash outta moms purse for? </p><p><br /></p><p>I buy a lot of things that have a lot of potential profit on them. I really want to keep them for my personal collection but I bought them so well that it would be irresponsible to keep them at this stage on my life. The profit would be much more practical for me than the object. It’s a constant battle deciding what to keep and what to be practical about. I bought two items that belonged to JFK unbeknownst to the auction house that sold them. They still have the 1998 Guernsey provenance with them. The auction house just totally blew it and threw the items in a cheap lot. Someone at my stage in life, in my income bracket really shouldn’t be and can’t afford to be buying JFK owned memorabilia. That’s kind of for a higher tier of collector. Yet I was able to buy them for like a fraction of a percent of their value even though I typically could not afford them. They’d be amazing to keep but it would be irresponsible of me to do so based on my finances. They would be better served being sold to someone well off and me using the cash to advance my position. I hope that sheds some light on that comment. I really didn’t mean it be a thing. In essence I was agreeing with you.[/QUOTE]</p><p><br /></p>
[QUOTE="J Dagger, post: 10239528, member: 10944"]So let’s say $5 pocket knives are what you can afford. You buy 20 $5 pocket knives over a year or so. You have a nice collection in your price range. They are all worth about $5. They are a luxury but you love them. You are just getting by in life, making your bills but don’t have much more than $5 extra every month of so to buy a $5 knife. Then one day at a yard sale you find a pocket knife priced at $5 that’s actually easily worth $2,000. It will obviously be the best piece in your collection and you’d love nothing more than to keep it. However since you could make $1,995 profit off of that knife and put that towards rent, fixing your car, saving for a house, kids college fund, whatever, even though you want to keep the knife you cannot really afford to keep it. That profit margin is far more of a need at the time than having the knife in your collection. So you’ve bought something you typically couldn’t afford, but can’t really afford to keep it. It was a throw away comment that I guess I didn’t make clear. Still have the knife you took that cash outta moms purse for? I buy a lot of things that have a lot of potential profit on them. I really want to keep them for my personal collection but I bought them so well that it would be irresponsible to keep them at this stage on my life. The profit would be much more practical for me than the object. It’s a constant battle deciding what to keep and what to be practical about. I bought two items that belonged to JFK unbeknownst to the auction house that sold them. They still have the 1998 Guernsey provenance with them. The auction house just totally blew it and threw the items in a cheap lot. Someone at my stage in life, in my income bracket really shouldn’t be and can’t afford to be buying JFK owned memorabilia. That’s kind of for a higher tier of collector. Yet I was able to buy them for like a fraction of a percent of their value even though I typically could not afford them. They’d be amazing to keep but it would be irresponsible of me to do so based on my finances. They would be better served being sold to someone well off and me using the cash to advance my position. I hope that sheds some light on that comment. I really didn’t mean it be a thing. In essence I was agreeing with you.[/QUOTE]
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