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Up for sale is the complete set of both matte and glossy variations of 1985 Topps Garbage Pail Kids, all professionally graded Gem Mint by PSA. Each of the two subsets are full 88 card variation sets of the controversial Topps parody of Cabbage Patch Kids, for a total of 176 graded PSA 10 cards. This set is ranked the finest in the world of the two that are known to exist. Ironically the other of these two sets is owned by the son of one of the founders of Kohlberg Kravis Roberts Hedge Fund, something I find mildly interesting given that the owner of that set is part of the legacy financial system while this one will hopefully stay in the hands of a crypto fanatic.
BTC12 and you're the proud new owner of this rare set!! (or the current equivalent of $152,500 per coinbase)
It took me over half a decade to assemble this set and it would be even more difficult now as more collectors have joined the gem hunt. This is an extremely rare opportunity for the right collector, a child of the 80's, or anyone looking to diversify into collectibles. Graded sports and non-sports cards have proven to be a great investment, yielding returns more than double those of the S&P 500 over the past 10 years. From Forbes:
Quote
As of December 31, 2018, the PWCC Top 500 Index yielded a 10-year return on investment (ROI) of 165% compared to 71% for the S&P 500 (adjusted for stock splits and other corporate actions) since December 31, 2007.
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“Trading cards are easily the most liquid of all tangible asset markets and this factor is continuing to drive attention towards them, especially among new wealth,” Huigens told me.
Meanwhile, cards have held their own during recent market volatility and economic anxiety. As the chart shows, the same held true during the Great Recession. (The noticeable dip two years ago resulted from a market correction following a perceived bubble.)
People have a deeper emotional connection to a Derek Jeter than they do to Amazon shares, Huigens adds.
...
“Trading cards are easily the most liquid of all tangible asset markets and this factor is continuing to drive attention towards them, especially among new wealth,” Huigens told me.
Meanwhile, cards have held their own during recent market volatility and economic anxiety. As the chart shows, the same held true during the Great Recession. (The noticeable dip two years ago resulted from a market correction following a perceived bubble.)
People have a deeper emotional connection to a Derek Jeter than they do to Amazon shares, Huigens adds.
As we, the children of the 80's, age over the coming years into more wealth and nostalgia this set is sure to increase dramatically in value. A quick search of ebay's completed sales will demonstrate that just the glossy Nasty Nick recently sold at auction for over $8000, and an Adam Bomb and AB Checklist sold for $5000 and $5250, respectively. If you do the research you'll find that my asking price is not much higher than the combined value if you were to auction them off individually.
A few pictures have been linked below, but I'm happy to send more to interested buyers.
A mutually agreed upon escrow service will be used for this transaction, or I may deliver it personally, depending on your location. Buyers are welcome to come pick it up in person in Santa Barbara, California and will be provided a night at the Ritz Carlton on my account if you choose that option.
I can be contacted via email at gagerbraun@gmail.com, or text at 720.623.5882
