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1  Economy / Collectibles / Re: [WTS] Finest Complete Set of OS1 Garbage Pail Kids in the Universe! on: June 29, 2019, 12:25:11 AM
Dude, for that price I could buy 4 or 5 of the ORIGINAL paintings (by John Pound) that were created for the 1st series of GPK.

I'm not sure what your point is.  For that price you could buy a lot of different things, but I don't see how the value of GPK final art correlates to the graded set.  I've owned some of the final art pieces, but they're boring because they're small so they don't display well and they haven't appreciated the way graded cards have.  Other than the fact that they are both items related to GPK there's no correlation.  Bottom line is that it's easy for anyone who is interested in this set and looking to come up with a reasonable offer to go to completed sales on eBay and look at what the individual cards sell for.  You won't find all 176 of them, but if you extrapolate based on the prices of others with similar populations and add them up you'll get to between $125k-$150k.  I've been offered $100k by a dealer who intends to break it down and sell it for profit.  So it's going to take more than your substance-less jab to convince me that my asking price isn't completely reasonable.  I've been collecting these for a long time and I'm well educated on this, admittedly niche, market. 

Now, if its Pound art you like, I have a custom painted and signed Nasty Nick card that is almost final art level which I'll gladly sell you for .5 BTC.
2  Economy / Collectibles / Re: [WTS] Finest Complete Set of OS1 Garbage Pail Kids in the Universe! on: June 29, 2019, 12:14:13 AM
Oh, PS, I'm curious what you were referring to in the first sentence of your comment.  I'm guessing you find it interesting because it's an odd investment for someone related to a major hedge fund?
Yeah, exactly--although I am aware of the "25 year rule" where adults at their peak earning power tend to become nostalgic for things roughly 25 years past their childhood.  And I suppose if you're a hedge fund manager, you can afford to buy all sorts of things from your childhood.  I guess it surprises me that a big wig Wall Street person would go for Garbage Pail Kids cards, but hey--no judgement on my part, because they were something I collected as a kid as well.  If I would have predicted what a hedge funder would seek out, the first thing I'd think of would be baseball cards or comic books.  Can't say I have the mind of one of those people, however, and I'm fairly sure my childhood was different from theirs (though obviously the GPK cards we have in common).

I know Bill Gross(?) has an enormous stamp collection, and I'm sure other financiers collect all sorts of eclectic things.  I think it's great that a lot of GPK cards were preserved so well.  I know mine ended up in the trash, and nobody I knew kept them in good condition.

Dude, for that price I could buy 4 or 5 of the ORIGINAL paintings (by John Pound) that were created for the 1st series of GPK.
Hey man, to each his own.  If everyone was the same, it would be a dull, colorless, boring world.

Just to be clear, it is the SON of one of the founders who owns it.  I do not believe he necessarily bought it as an investment, more just because he's in that 25 year zone you're talking about and he has the disposable income to do it.  He also owns several other big ticket Wacky Package and GPK items, I believe including the original art for Nasty Nick/Evil Eddie, which is about as big ticket as it gets.  But I agree with your assessment completely.
3  Economy / Collectibles / Re: [WTS] Finest Complete Set of OS1 Garbage Pail Kids in the Universe! on: June 27, 2019, 06:01:04 PM
<snip>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.
LOL, I find that to be interesting as well--perhaps for different reasons, though.  I wouldn't have thought these would be so collectible, even graded. 

I'm totally a child of the 1980s and I remember when this series was on sale in wax packs in gas stations and convenience stores.  I was a young boy and I used to buy them.  Don't know why, because my main card collecting thing was baseball and then basketball cards.  Then again, I collected those Wacky Packages.

Good luck with your sale, OP.  That's a hell of a lot to be asking for the entire set, and I'm not sure if the crypto enthusiasts you'll find here would be willing to part with their bitcoin.  But you never know, and I'm not trying to discourage you.  It looks like a very beautiful set you've got!

These are just one of those strange things that somehow takes root in pop culture--even Topps didn't think they'd sell many of them, which is why the first series is far more valuable than the later series'.  The entire second series set (also available, btw) is worth about a tenth of what the first series is worth.  Believe it or not Topps is still pumping out GPKs to this day, but it's the wax packs that you referenced that really push my nostalgia button.

It is a big price tag, but I did a lot of research and asked a lot of sellers who specialize in graded cards what the estimated value is.  I have a cash offer for 100k from a dealer who would break the set up and sell them for profit, so as high as my price may sound I did put a lot of effort into making it reasonable.  I could easily break it up myself and get around $130-$150k on eBay, but I would really like to see the set stay together.  You're certainly correct that it'll probably not sell here because who wants to part with their bitcoin(?), but I'm selling it to put the money into crypto and a lot of people into bitcoin sorta share the same demographic as those who might want it, so I thought I'd at least give it a shot!

Thanks for the input and have a good one!

Oh, PS, I'm curious what you were referring to in the first sentence of your comment.  I'm guessing you find it interesting because it's an odd investment for someone related to a major hedge fund?
4  Economy / Collectibles / Re: [WTS] Finest Complete Set of OS1 Garbage Pail Kids in the Universe! on: June 27, 2019, 04:08:41 PM
That's really good to know! Thanks again!!!
5  Economy / Collectibles / Re: [WTS] Finest Complete Set of OS1 Garbage Pail Kids in the Universe! on: June 27, 2019, 03:45:02 PM
Hey, thanks person who isn't as brain dead as I am!  I'm embarrassed to admit how long I spent trying to get the images to appear in the post.  You're a true hero!
6  Economy / Collectibles / [WTS] Finest Complete Set of OS1 Garbage Pail Kids in the Universe! on: June 27, 2019, 12:40:09 AM
Here is your chance to own one of the most amazing relics of 80's nostalgia in the world!

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.
...
“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










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