Like a lot of young boys, I loved to collect baseball cards. I would justify each pack I purchased by explaining to my parents that they would one day be worth a lot more than I was buying them for. The problem is they are only worth as much as you can sell them for. I was essentially addicted to collecting them and now have a couple of boxes full of God knows what.
Cataloguing my cards will be a tedious and time intensive process. I have no idea where to begin and how to track the prices. Fortunately I have a friend who has his own collection and has made cataloguing and selling them a part-time hobby. I will try to learn from him what his methods are and take it from there.
Once they are catalogued and tracked, I can more easily determine their overall value and the best time to sell them. I don’t have great expectations for this project and part of me has held off because I fear the monetary value will not be worth the effort. Sure a decade and half ago I might have been sitting on a treasure trove. But declining value in baseball cards due to lower demand and greater surplus leaves me thinking I am without the gems to make this a fiscal boom.