Great lesson ! You're a good teacher. I'm 70 years old and I know what you mean about dying markets. I see old toys at toy shows and they sit there, no buyers. The same thing will happen with many of the things I'm nostalgic about. What I never realized was how we block the past trauma that occurred during the times that we are nostalgic for. You are right. The TWILIGHT ZONE did an episode about a middle aged man who constantly brought up how he missed his youth. The games, and children he played with. Until he was on those old streets and transported back in time. The street kids turned on him and beat him up. He forgot how tough life as a child had been. His mind blocked it out. Just like we all do. I also think that Nostalgia is a double edged sword. It is not only remembering just the good stuff, but also an attempt to recapture our youth ! And this is the biggest lie that we tell ourselves. As if by having something from our past could possibly re-connect us to that time. It's almost a Greek tragedy, but we do it all the time.
@@GarciaCapital Shawn is spot on when he says the following vintage markets are in major decline: Vintage Western Toys, Vintage Sci-Fi / Robot toys, PEZ Dispensers & Model Trains. That said, if you are an eBay seller like me and you can find certain items in these categories at estate sales at reasonable prices, there ARE collectors out there who will buy them. Investing in these for the long term, however, is not a good idea. A more broad category that was VERY hot 10 years ago, but has seen interest wane as of late is anything branded “Mid-Century Modern”. This applies to furniture, artwork, pottery, dinnerware, etc... The popular television show “Mad Men” introduced younger generations to this aesthetic, and for a while, anything produced in the ‘50’s & ‘60’s was being listed on eBay as “Mad Men” / Mid-Century Modern. Even an old run of the mill Holiday Inn ashtray would be listed on eBay as “MAD MEN MID-CENTURY MODERN ASHTRAY!!!” along with an inflated listing price. Since the show is no longer on the air, and furniture stores like Living Spaces finally caught on to the trend and started mass producing knock off Eames chairs, Noguchi Tables and “Danish Modern” bookshelves, we have seen a gradual decline in this broad category... unless, of course, you live in Palm Springs, California.
hello from Athens Greece Shaun, im one of your first Subs back in summer of '19. If I may add an educational point concerning the 2 greek words Nostalgia and History, that you will find very intriguing. Nostalgia is the combination of Nostos and Algos which literally means the pain or ache associated with a memory. A memory, by Definition is Subjective. On the other hand History literally means the Eye Witness / Judge / Knowledgeable person who saw events. History is non-negotiable and is an Objective reality. Therefore on your whiteboard you have listed items which are subject to people's Subjective Reality, as opposed to items that are part of the Humanity's Objective Collective existence. Just thought it would be fun to throw a little of Philosophy in the conversation
Love this. It’s difficult to bring totally fresh content regularly on UA-cam. I think you’re doing a great job of that though. And remembering that UA-cam is kind of the same content over and over again - it’s good to hear sound principles repeated semi regularly. Keep it up!
I really appreciate hearing your perspective, "at some point, history is going to be more important than nostalgia." Well said. I've never heard anyone break down these concepts. Remarkably insightful!
Vintage sports cards are historic. A lot of collectors were not alive when Mickey Mantle or Gordie Howe were playing, but their cards are still steadily trending upward over time in value.
I was going to write the same thing... *If* MTG is still popular in 50 yrs, I can only imagine historic cards/sets will still hold their own. You could apply the same logic to baseball cards, if baseball fell out of fashion the cards would not be nearly as valuable.
@@thewealthofnations4827 I belive they will hold. Because it's a game many like myself continue to pass down to their children. I play with my kids. So in a way i guess that nostalgia CAN indeed (in the roundabout way) be passed down. I'd say after almost 30 years of success that there's many more years to come, especially if people keep the game alive and the game keeps making Hasbro money.
It’s fascinating to explore these topics. I think your position on nostalgia vs history makes a lot of sense, but if there’s one thing I’ve learned since 2021 and beyond is just how powerful a force nostalgia is! That’s not to say it’s enough to carry a collectibles category forever, but with that in mind, the continued resiliency of the comic book market, for example, is interesting!
Oh, the vintage comic book market does have cracks appearing and prices have certainly fallen. It’s just that it is one of the most popular pop culture collecting markets at present time.
@@ReservedInvestments I know the market for comic books is now down from the highs, and I saw your more recent video about the recent sale of the first appearance of Batman, so only time will tell where it goes from here. But, even when prices are down substantially, the fact that a book like they can still fetch hundreds of thousands of dollars is remarkable to me! Thanks as always Shawn!
Brilliantly put Shawn! Love the no frills approach. I think there are too many people looking for videos for validation of their nostalgia led collecting and your content provides a reality check. Keep up the great work
Shawn, I mean this humbly, this is without a doubt the best video that you’ve created. It really does a great job of compacting all of the important tidbits from all of your past videos into one.
I still believe in blue chip comic books because of the massive Marvel, Disney and Netflix shows keeping the characters relevant. Characters like Spider-Man are so big that Amazing Fantasy 15 is also considered a piece of history… Just my opinion though!
I was going to say exactly the same thing. Blue chip comics like Detective Comics 27, Action 1, Amazing Fantasy 15 and other gold and silver age keys have become history. I fully acknowledge that to me my comic collection holds a lot of nostalgia (born in 1962), but a great many of collectors if not most buying blue chip keys were not even born when they were published.
I have also noticed too that toy companies like Mattel cling onto the comic book characters and Disney characters too to captivate a new audience and stay relevant.
Great video. Thanks for providing this free knowledge on the antiques and collectible trade. Much appreciated especially in this age of zero interest rates, alternative investing as many could get hurt in the trickiest of the asset classes.
FINALLY. Someone who can articulate and explain the invisible forces at work here. If, and I sure do mean IF… collectors / speculators can mentally survive your brutally direct explanation of nostalgic collectibles…. you will have likely succeeded in preventing what could be one of their biggest financial mistakes. Where the heck have you been all these years!?! Thank you for this clean, crisp, unemotional explanation… once and for all. I’m blown away I have never heard anyone up to now deliver this message. Keep up the great work. Subscriber for life here. 👍🏻
I was born in 1981 and thus never saw any of the old time HOF baseball players play yet I still want to own all of their rookie cards. What is your take on my situation and sports cards in general??
collectors no matter what age after they collect what they know always seem to want to go back to the earlier/earliest points in the hobby to collect the oldest/rarest items in their hobby.. as do i
I once heard Charlie Munger say 'all investment strategies are effectively growth or value' and nostaligia vs history in the collectibles trade emphasizes this.
I really need to reread "The Wealth of Nations". The bit about the amount of pins 1 worker can create Vs 5 workers on a production line blew my mind when I was 17. That passage is now on our £5 notes here in the UK.
So even Action Comics #1, Detective Comics 27, Batman 1 are firmly lodged in the pop culture category. But it seems they will be multi-generational. You agree? So your point is MOST of collectibles under the Pop Culture category may not be multi-generational but some will? I’ve made several collecting/investing mistakes in my life. I don’t want to go to an echo chamber and hear “They are all going to the moon. Just HODL!! 💎🤲!!” But I’m trying to reconcile the differences between Nostalgia Vs Historic. What are your thoughts on Precode Horror comic books?
@@TruthCanBeFoundIfYouLookForIt what hes saying is that stuff without natural utility like comics, videogames, cards etc. are nolstalgia. Things that have real utility like currency and weapons are historic.
I just found out about this channel and like you I have a background in finance and moved into antiques. When you talk about Adam Smith, I just go "See I told you". I'm looking forward to watching you.
@@ReservedInvestments I enjoy you channel 👍🏻 Have you done videos on Classic Firearms or edged weapons ? I collect those as well Unfortunately I have a stamp collection with I believe is far from a good future investment 😩 Again Very Informative Channel 😄
But I love my nostalgia Shawn!!! :) Agree with you, some of the nostalgia feelings aren't taking into account bad times as well. It's somewhat of a mind trick/coping mechanism I suppose. Good video!
Great channel! If I may make a request I'd like to see a video on historical documents. I'd be interested in hearing what different examples would be, what the market is like right now, etc.
Great video! As it relates to nostalgia vs history, I think the original paper level designs for Mario Bros (some of which are showcased in Nintendo's NY store) should eventually be way more valuable than a sealed copy of the game of which there are probably thousands.
Great video and absolutely agree - not everything nostalgic holds value. Atari is a great example, and I think Sega will follow suit. But you are wrong if you think nostalgia and history is ‘clear cut’ - there are gradients of nostalgia and history across all those collector lines and that is what you have failed to really point to. There are collectible lines that will converge over into antiquities and historical space - Pokémon, Nintendo are just great examples where the market is continually reintroduce their products into younger generations. This is what you have also failed to highlight here is the propensity to have younger generations enter; this is why action figure lines like Star Wars, Mask and even transformers will go down but Pokemon, Dragonball Z, Nintendo, PlayStation will continue to thrive in the future.
Love the videos. My only comment would be that media has changed and collectables can reach people. If Annie Oakley had video games, comics and movies, it’s possible that she’d be more like Dracula in stature. You’re most likely right, it’s just possible that technology has been a paradigm shift
Great video Shawn !! It really paints a good picture of the two different types of thinking involved of the collector, nostalgia vs history. It makes for a good way point to challenge the reasoning on why a certain purchase in one of these categories is justified or not. Also I think you need a bigger marker.
Guitar Hero 3 from Nintendo Wii is very nostalgic to me. Does anyone else feel the same way about this video game? I reckon that Batman, Spider-Man and Superman will remain strong long term because youngsters are still watching these superhero movies today
When it comes to nostalgia do you think blockchain and nfts could change this in any way?. I'm thinking people might query the blockchain and search for nfts minted early on that resonate with. Like I can't query existing collectibles by date manufactured and search for one that I enjoy at a price I can pay. Not sure I'm even making sense.
One of my favorite things about coins is that the manufacturer tells you how many were made and the grading companies tell you how many were graded. Full transparency. Off topic, I know. A follow-up video is always appreciated on any topic as I like to hear more of your take on anything. Perhaps delve into what makes a particular item historic in the first place. For example, some would argue, "The Base Set of Pokemon cards in the US is historic because it was the first one that came out here. Now 25 years later, everyone has heard about it & Pokemon is popular all over the world and so much has come out Pokemon related but that first "historic" card set mostly started it all for Americans. What makes a first edition Charizard less historic than a 1916-D Mercury Dime?" I don't believe this is true, but I have heard arguments like this. Love what you do!
The New York Yankees have existed for 120 years. They will likely exist for another 120 years. There have been fans experiencing "nostalgia" for the Yankees every decade since the 1930s. As one generation of people collecting due to nostalgia die off, they are replaced by a new generation of nostalgic collectors. You cannot lump sports collectors in with Lionel train collectors. When there are powerful external forces that continue to promote a brand decade after decade, the desire for the collectible does not die out, the way it does with western collectibles. Ask any current 40 year old Yankees collector of they would like to own a signed baseball by Ruth, Gehrig, DiMaggio, Mantle, Berra, etc.
I am not talking about a specific list. But I noticed that when you talk about historical items you never mentioned sports memorabilia. You talk about coins and documents and edged weapons etc but I've never heard you specifically mention high-end sports memorabilia as being historical.
looks like we have some market manipulation starting w sealed IGS graded VHS tapes on ebay, take a look at the prices of 50k and up buy it now. Hope you do a video on VHS
I might have missed this, but what about vintage “luxury”/tool watches? I’m unclear as to how they place. Imho they can cater to nostalgia since sellers can romanticize stories of a timepiece’s history, but some of them can be based in history (WWII watches used by soldiers, watches used in space, etc). What am I missing here?
Great video. Do you think some items within the "Nostalgia" category transcend it and move into "History" or perhaps some other category altogether? I was thinking of the T206 Honus Wagner baseball card or perhaps a Nintendo World Championships cartridge...truly esoteric items (the type of thing that a museum dedicated to the subject might talk about) that have a historical significance when they were released and people aren't necessarily emotionally invested in them from some kind of personal experience. Perhaps the markets for these items are limited, but they seem in many ways to be more like artifacts than hobbyist stuff. It seems to me like the demand for these items is based on the stories behind them as opposed to the items themselves.
The Nintendo World Championships cart is and never will be truly historic (queue the Nintendo fanboys who don't understand the concept of how time and history works). You can make an argument for Honus Wagner as that truly is a person who actually existed.
@@ReservedInvestments hey did someone queue a Nintendo fanboy? Thing is you can’t use the word never because no one truly knows what will be historic in the future. I’m not gonna say video games will be in history books for high schoolers.If someone writes a book in 80 years called the history of video games Nintendo world championship might be in there. Let’s say someone builds a museum In 100 years solely about the history of video game don’t you think Nintendo world champion cart might be there on display?
@@nathaniel2794 And that is not what makes something 'historic.' You are making the same argument PEZ and Marx Toy collectors made decades ago that just because someone opened up a PEZ museum (which already closed by the way), PEZ are 'historic.'
I've had to deal with the Beanie Baby market. I basically have one rule except for a few exceptions (Diana Bear). Basically if the tush tag is all black print, there is some value there but not a lot unless it is first edition with the hang (ear) tag in tact. If you are collecting the right item, with a long enough hold period, Benie Babies are a good investments because of the craze it created and the earliest ones tell the history. That will build value in the long run.
I completely agree with Shaun for the most. I personally invest in comics and this partly applies. However; with escapism being a huge commercial area I believe comics will continue to grow. Hulk 181 (I know you’re not keen) when Disney release the next generation of films/shows will bring a huge influx to the market. The book will gain another life. I do agree and think Shaun hits the nail on the head. This new generation will not view collecting comics the same as me from the 80’s. That point alone makes me think comic books might not be long term. Who knows! Great video as always…..
The thing with Pokemon and MtG cards is also that the card games themselves are also popular, I would assume that those markets would also crash if the games stopped being made/supported. Prices of the cards can fluctuate wildly depending on legality and use.
What is your opinion on the collecting market for vintage bicycles like Schwinn Phantoms & Schwinn Stingrays or say early bmx bikes from the late 70s? To me it seems to blur the line between nostalgia and history so I am concerned about holding on to some of these “treasures” of mine knowing they are really worth top dollar in the current market. Do you feel that the history of these machines will carry them through multiple generations like say Mickey Mantle baseball cards?
Great video. I was getting into the card scene and there was a tickle in my brain to investigate further and this is what I was ment to find I believe. Thank you sir.
Appreciate the insight! However, albeit this is only anecdotal, but it seems that generational nostalgia helps maintain an undercurrent of sustained value for certain collectibles …for example, if a child is born in 2021, and his or her parents are collectors of silver age comic books, I would imagine, if that child has the collector gene, then the pattern likely continues, supporting the value of the books. I could certainly be wrong, but there seems to be more collectors now than before, seemingly because of the cinematic history and parents being collectors…as such, with a growing population and scarcer “silver age” comic books I would imagine many of these books will either hold their value or increase within the decades… but I am clearly not an expert, and always enjoy your willingness to share your educational insights! Thank you!
What is the difference between a first edition copy of The Great Gatsby and a first edition copy of Detective Comics 27? It seems to me they are in the same category.
A lot actually…again, do you read Penny Dreadfuls, today? No, but you read Gatsby in school and college. To be fair, you are not exactly wrong. I’ll be covering this in another video.
some video games have had a huge cultural impact already like mario or resident evil. there are few games that can def be considered historical already as long as they new, sealed and perfect worthy of a museum
The Great Gatsby is one of the greatest books too. Interestingly enough I'm currently living in Cody, Wyoming and visited the Buffalo Bill museum and learned about Annie Oakley. Interesting coincidence.
Great information as always. Do you feel as I do that there is a spectrum between nostalgia and history with some blending/crossover? By way of example, some tobacco baseball cards and rare Golden Age comic books have historic significance, while some rare books are historic and others may be more nostalgic?
When does the bubble burst though? When does the nostalgia wear off? Is Magic a nostalgia bubble or is it speculators also inflating price, OR is Magic a legit historical collectable?
I'm still pretty new to this market, and I just found this channel. Really helping me out so far! I focus on coins and currency. I'm a collector by nature, but am also starting to branch out selling stuff.
This channel is still such a hidden gem. Thank you for continuing to share these important perspectives! This topic is one I've been thinking a lot about lately with the recent rise of some collectibles from the 80s/90s. What I continue to ask myself is, how long will nostalgia continue to drive it and which pieces will stand the test of time as historic items?
What do you think about doing a video about investing in unopened wax packs and boxes from 1980's and prior? Everything from baseball, basketball, to non-sports such as 1977 Series 1 Star Wars unopened wax boxes or Garbage Pail Kids Series 1 unopened wax boxes? Any thoughts? Thank you!
Another great video Shaun. A few videos back when you talked nostalgia, I poised the question of fortnite trading cards. They cover all the points you put forth about being at home playing video games. 7 million people at any moment were playing Fortnite throughout the entire lockdown. It has broken more records than any other game to date. These kids will grow up wanting that nostalgic feeling right?
@@donjonbovi3840 very true, but he’s looking back at having mono with nostalgic thoughts technically. It was just a example. There must be something from this generation to be nostalgic about in the future is more my point. As said in the video Pokemon and magic and mario might not last forever.
My kid and all his buddies love Fortnite. He also loves sports & Pokémon cards. Yet he hardly knows Fortnite cards exist. I don't think they'll be super relevant in 20 years.
Great lesson ! You're a good teacher. I'm 70 years old and I know what you mean about dying markets. I see old toys at toy shows and they sit there, no buyers. The same thing will happen with many of the things I'm nostalgic about. What I never realized was how we block the past trauma that occurred during the times that we are nostalgic for. You are right. The TWILIGHT ZONE did an episode about a middle aged man who constantly brought up how he missed his youth. The games, and children he played with. Until he was on those old streets and transported back in time. The street kids turned on him and beat him up. He forgot how tough life as a child had been. His mind blocked it out. Just like we all do. I also think that Nostalgia is a double edged sword. It is not only remembering just the good stuff, but also an attempt to recapture our youth ! And this is the biggest lie that we tell ourselves. As if by having something from our past could possibly re-connect us to that time. It's almost a Greek tragedy, but we do it all the time.
Thanks for sharing! I wish more people in your age group would comment on my videos. I truly appreciate the perspective and agree fully.
As a vintage collectibles reseller primarily on eBay for 12+ years, I can honestly say Shawn’s knowledge and expertise is unmatched.
Thank you!
As someone who is in these markets, what are some categories of vintage collectibles that have been dying?
@@GarciaCapital Shawn is spot on when he says the following vintage markets are in major decline: Vintage Western Toys, Vintage Sci-Fi / Robot toys, PEZ Dispensers & Model Trains.
That said, if you are an eBay seller like me and you can find certain items in these categories at estate sales at reasonable prices, there ARE collectors out there who will buy them. Investing in these for the long term, however, is not a good idea.
A more broad category that was VERY hot 10 years ago, but has seen interest wane as of late is anything branded “Mid-Century Modern”. This applies to furniture, artwork, pottery, dinnerware, etc...
The popular television show “Mad Men” introduced younger generations to this aesthetic, and for a while, anything produced in the ‘50’s & ‘60’s was being listed on eBay as “Mad Men” / Mid-Century Modern. Even an old run of the mill Holiday Inn ashtray would be listed on eBay as “MAD MEN MID-CENTURY MODERN ASHTRAY!!!” along with an inflated listing price.
Since the show is no longer on the air, and furniture stores like Living Spaces finally caught on to the trend and started mass producing knock off Eames chairs, Noguchi Tables and “Danish Modern” bookshelves, we have seen a gradual decline in this broad category... unless, of course, you live in Palm Springs, California.
@@GarciaCapital I have literally done no less than 3-4 videos on this. Your answer is there...check my previous content.
I don't know if I'm better off buying up massive.
hello from Athens Greece Shaun, im one of your first Subs back in summer of '19. If I may add an educational point concerning the 2 greek words Nostalgia and History, that you will find very intriguing. Nostalgia is the combination of Nostos and Algos which literally means the pain or ache associated with a memory. A memory, by Definition is Subjective. On the other hand History literally means the Eye Witness / Judge / Knowledgeable person who saw events. History is non-negotiable and is an Objective reality. Therefore on your whiteboard you have listed items which are subject to people's Subjective Reality, as opposed to items that are part of the Humanity's Objective Collective existence. Just thought it would be fun to throw a little of Philosophy in the conversation
Ότι θα βρω Console Hunter guest star εδώ δεν το περίμενα! Γεια σου ρε Dennis! Hidden gem του UA-cam το reserved investment!
The shuffle-into-frame entrance is so comforting lol
Thanks for passing along the knowledge. It's always difficult admitting when you're a Timmy, Jimmy or a Dexter
Love this. It’s difficult to bring totally fresh content regularly on UA-cam. I think you’re doing a great job of that though. And remembering that UA-cam is kind of the same content over and over again - it’s good to hear sound principles repeated semi regularly. Keep it up!
Thanks so much!!
Shaun keeps hitting home runs. Great video and highly recommend.
Great video! Very thankful for the insight as always! Hope you are doing well Shaun!
I really appreciate hearing your perspective, "at some point, history is going to be more important than nostalgia." Well said. I've never heard anyone break down these concepts. Remarkably insightful!
Thank you!
You damn near poked my eye out with that sharpie
That’s the 3D effect of the presentation.
Excellent video Sean. You are one of the people I can count on one hand (and even less than that) in the collectibles trade worth watching on UA-cam.
Thank you!
dude you just called the beanie baby crowd crazies, i haven't laughed that hard in a while.
Great, man I m so happy to get your insights here. Great value for me. Thank you.
Vintage sports cards are historic. A lot of collectors were not alive when Mickey Mantle or Gordie Howe were playing, but their cards are still steadily trending upward over time in value.
I was going to write the same thing... *If* MTG is still popular in 50 yrs, I can only imagine historic cards/sets will still hold their own. You could apply the same logic to baseball cards, if baseball fell out of fashion the cards would not be nearly as valuable.
Do you think Magic will hold or tank?
@@thewealthofnations4827 I belive they will hold. Because it's a game many like myself continue to pass down to their children. I play with my kids. So in a way i guess that nostalgia CAN indeed (in the roundabout way) be passed down. I'd say after almost 30 years of success that there's many more years to come, especially if people keep the game alive and the game keeps making Hasbro money.
The top 1-5% of most things can do well
I love nostalgia it returns us to our youth where we loved & played with the items & not worried about if we should store them away for 100 years.
Remember, this is a finance channel geared towards antiques and collectibles...different perspective... ;)
It’s fascinating to explore these topics. I think your position on nostalgia vs history makes a lot of sense, but if there’s one thing I’ve learned since 2021 and beyond is just how powerful a force nostalgia is!
That’s not to say it’s enough to carry a collectibles category forever, but with that in mind, the continued resiliency of the comic book market, for example, is interesting!
Oh, the vintage comic book market does have cracks appearing and prices have certainly fallen. It’s just that it is one of the most popular pop culture collecting markets at present time.
@@ReservedInvestments I know the market for comic books is now down from the highs, and I saw your more recent video about the recent sale of the first appearance of Batman, so only time will tell where it goes from here.
But, even when prices are down substantially, the fact that a book like they can still fetch hundreds of thousands of dollars is remarkable to me!
Thanks as always Shawn!
Straight to the point
Brilliantly put Shawn! Love the no frills approach. I think there are too many people looking for videos for validation of their nostalgia led collecting and your content provides a reality check. Keep up the great work
Does you believe the history of video games, comic books, & trading cards will be relevant going forward?
Shawn, I mean this humbly, this is without a doubt the best video that you’ve created. It really does a great job of compacting all of the important tidbits from all of your past videos into one.
The content is designed to build on each new video. Thank you for the feedback.
I still believe in blue chip comic books because of the massive Marvel, Disney and Netflix shows keeping the characters relevant. Characters like Spider-Man are so big that Amazing Fantasy 15 is also considered a piece of history… Just my opinion though!
Some comic books have transitioned from collectibles to historical items
I was going to say exactly the same thing. Blue chip comics like Detective Comics 27, Action 1, Amazing Fantasy 15 and other gold and silver age keys have become history. I fully acknowledge that to me my comic collection holds a lot of nostalgia (born in 1962), but a great many of collectors if not most buying blue chip keys were not even born when they were published.
I have also noticed too that toy companies like Mattel cling onto the comic book characters and Disney characters too to captivate a new audience and stay relevant.
Great video. Thanks for providing this free knowledge on the antiques and collectible trade. Much appreciated especially in this age of zero interest rates, alternative investing as many could get hurt in the trickiest of the asset classes.
haha you got a sub. Had me dying 🤣 Don't know much about investing in collectables but I'm excited to check out the content on your channel.
Welcome!
FINALLY. Someone who can articulate and explain the invisible forces at work here. If, and I sure do mean IF… collectors / speculators can mentally survive your brutally direct explanation of nostalgic collectibles…. you will have likely succeeded in preventing what could be one of their biggest financial mistakes.
Where the heck have you been all these years!?!
Thank you for this clean, crisp, unemotional explanation… once and for all. I’m blown away I have never heard anyone up to now deliver this message.
Keep up the great work. Subscriber for life here. 👍🏻
I was born in 1981 and thus never saw any of the old time HOF baseball players play yet I still want to own all of their rookie cards. What is your take on my situation and sports cards in general??
collectors no matter what age after they collect what they know always seem to want to go back to the earlier/earliest points in the hobby to collect the oldest/rarest items in their hobby.. as do i
buy vintage Magic and Pokémon cards, I guess.
Can we get a “Timmy, Kimmy and Poindexter” counter in the top corner of the screen in the next video? I lost count at the 10 min mark.
Or "overall antiques and collectibles trade"
Maybe the "year, 2021"
God I love the repeating themes here. :)
I’m making it my new drinking game
Thanks for your recommendations books & documentaries!.
I once heard Charlie Munger say 'all investment strategies are effectively growth or value' and nostaligia vs history in the collectibles trade emphasizes this.
I really need to reread "The Wealth of Nations". The bit about the amount of pins 1 worker can create Vs 5 workers on a production line blew my mind when I was 17. That passage is now on our £5 notes here in the UK.
the sweet spot is items that are both nostalgic and historic - nostalgia and historicity are sometimes mutually exclusive, but not always
This. This is why I focus on ABU MTG cards and Golden/Silver Age comic books.
Great video, I did not think of this distinction before and you explained it reall well!
Love the white board. Kicking in old school. Helps to really visualize what the differences are. Thanks Shaun.
So I’m collecting precode horror comics.
They were printed before I was born.
Means they are historic?
NO!
Noted. I’ll be careful👍
So even Action Comics #1, Detective Comics 27, Batman 1 are firmly lodged in the pop culture category.
But it seems they will be multi-generational.
You agree?
So your point is MOST of collectibles under the Pop Culture category may not be multi-generational but some will?
I’ve made several collecting/investing mistakes in my life.
I don’t want to go to an echo chamber and hear “They are all going to the moon. Just HODL!! 💎🤲!!”
But I’m trying to reconcile the differences between Nostalgia Vs Historic.
What are your thoughts on Precode Horror comic books?
@@TruthCanBeFoundIfYouLookForIt what hes saying is that stuff without natural utility like comics, videogames, cards etc. are nolstalgia.
Things that have real utility like currency and weapons are historic.
Okay, I'm gonna put myself through your UA-cam course here. I think you're going to help me out a lot.
As always, great content!
Thank you!
I just found out about this channel and like you I have a background in finance and moved into antiques. When you talk about Adam Smith, I just go "See I told you".
I'm looking forward to watching you.
I am a classic coin collector but I worry the lack of coins used now will hurt this segment
Great Video 👍🏻
Coins are still in use. Something like 30%+ of the US population doesn't even have or use a checking account.
@@ReservedInvestments I enjoy you channel 👍🏻
Have you done videos on Classic Firearms or edged weapons ?
I collect those as well
Unfortunately I have a stamp collection with I believe is far from a good future investment 😩
Again Very Informative Channel 😄
You sir are my conscious 😂😂😂these names you come up with are genius 😂😂😂
Always look forward to your videos dude!
Thank you!
But I love my nostalgia Shawn!!! :) Agree with you, some of the nostalgia feelings aren't taking into account bad times as well. It's somewhat of a mind trick/coping mechanism I suppose. Good video!
Thank you!
Buy and flip, whatever remains profit you can use to buy your nostalgia, let the hobby pay for itself.
I like what you say at the 4:00 - 4:41 mark
Very well said reserved investments
Great channel! If I may make a request I'd like to see a video on historical documents. I'd be interested in hearing what different examples would be, what the market is like right now, etc.
Im interested in this aswell. I imagine the market is smaller but with deeper pockets.
@@Fr331995 I'd think so. History can be kind of a broad concept too so I wonder how broad that category is.
Me too.
Great video! As it relates to nostalgia vs history, I think the original paper level designs for Mario Bros (some of which are showcased in Nintendo's NY store) should eventually be way more valuable than a sealed copy of the game of which there are probably thousands.
Gym Fresh Shawn feat. Large Red Sharpie another fire video
thank you
Great video and absolutely agree - not everything nostalgic holds value. Atari is a great example, and I think Sega will follow suit. But you are wrong if you think nostalgia and history is ‘clear cut’ - there are gradients of nostalgia and history across all those collector lines and that is what you have failed to really point to. There are collectible lines that will converge over into antiquities and historical space - Pokémon, Nintendo are just great examples where the market is continually reintroduce their products into younger generations. This is what you have also failed to highlight here is the propensity to have younger generations enter; this is why action figure lines like Star Wars, Mask and even transformers will go down but Pokemon, Dragonball Z, Nintendo, PlayStation will continue to thrive in the future.
Liked, commented, subbed. Great vid, thanks.
Love the videos. My only comment would be that media has changed and collectables can reach people. If Annie Oakley had video games, comics and movies, it’s possible that she’d be more like Dracula in stature.
You’re most likely right, it’s just possible that technology has been a paradigm shift
Thank God It's Friday on Reserved Investments!
great video, just found the channel but have watched a ton of the back catalog!
Great video Shawn !! It really paints a good picture of the two different types of thinking involved of the collector, nostalgia vs history. It makes for a good way point to challenge the reasoning on why a certain purchase in one of these categories is justified or not. Also I think you need a bigger marker.
yes please. i need a follow up. love your videos
Great video! I really enjoyed being able to read everything on the white board and fellow along with the video easier.
Thank you for the feedback!
Congrats on closing in on 10k subscribers Sean! Really enjoyed following your growth!
Thank you!
Guitar Hero 3 from Nintendo Wii is very nostalgic to me. Does anyone else feel the same way about this video game?
I reckon that Batman, Spider-Man and Superman will remain strong long term because youngsters are still watching these superhero movies today
I completely understand your point and I would still like to debate you live on it's premise.
Thanks RI for the informative lesson as always.
When it comes to nostalgia do you think blockchain and nfts could change this in any way?. I'm thinking people might query the blockchain and search for nfts minted early on that resonate with. Like I can't query existing collectibles by date manufactured and search for one that I enjoy at a price I can pay. Not sure I'm even making sense.
Excellent discussion!
good stuff. yes please do a follow up video!
Another great video. Was hoping to get a new one soon!
I collect power rangers and see the prices are going up and not going down for the last 5 years. Are they are good investment?
One of my favorite things about coins is that the manufacturer tells you how many were made and the grading companies tell you how many were graded. Full transparency. Off topic, I know.
A follow-up video is always appreciated on any topic as I like to hear more of your take on anything. Perhaps delve into what makes a particular item historic in the first place. For example, some would argue, "The Base Set of Pokemon cards in the US is historic because it was the first one that came out here. Now 25 years later, everyone has heard about it & Pokemon is popular all over the world and so much has come out Pokemon related but that first "historic" card set mostly started it all for Americans. What makes a first edition Charizard less historic than a 1916-D Mercury Dime?" I don't believe this is true, but I have heard arguments like this.
Love what you do!
The New York Yankees have existed for 120 years. They will likely exist for another 120 years. There have been fans experiencing "nostalgia" for the Yankees every decade since the 1930s. As one generation of people collecting due to nostalgia die off, they are replaced by a new generation of nostalgic collectors. You cannot lump sports collectors in with Lionel train collectors. When there are powerful external forces that continue to promote a brand decade after decade, the desire for the collectible does not die out, the way it does with western collectibles. Ask any current 40 year old Yankees collector of they would like to own a signed baseball by Ruth, Gehrig, DiMaggio, Mantle, Berra, etc.
Where do you see sports memorabilia anywhere on that list? 😳
I am not talking about a specific list. But I noticed that when you talk about historical items you never mentioned sports memorabilia. You talk about coins and documents and edged weapons etc but I've never heard you specifically mention high-end sports memorabilia as being historical.
ok but what do we think about these nft comic books by marvel??
looks like we have some market manipulation starting w sealed IGS graded VHS tapes on ebay, take a look at the prices of 50k and up buy it now. Hope you do a video on VHS
I might have missed this, but what about vintage “luxury”/tool watches? I’m unclear as to how they place. Imho they can cater to nostalgia since sellers can romanticize stories of a timepiece’s history, but some of them can be based in history (WWII watches used by soldiers, watches used in space, etc). What am I missing here?
Do you have any videos on edged weapons?
Not yet…
Great video. Do you think some items within the "Nostalgia" category transcend it and move into "History" or perhaps some other category altogether? I was thinking of the T206 Honus Wagner baseball card or perhaps a Nintendo World Championships cartridge...truly esoteric items (the type of thing that a museum dedicated to the subject might talk about) that have a historical significance when they were released and people aren't necessarily emotionally invested in them from some kind of personal experience. Perhaps the markets for these items are limited, but they seem in many ways to be more like artifacts than hobbyist stuff. It seems to me like the demand for these items is based on the stories behind them as opposed to the items themselves.
The Nintendo World Championships cart is and never will be truly historic (queue the Nintendo fanboys who don't understand the concept of how time and history works). You can make an argument for Honus Wagner as that truly is a person who actually existed.
@@ReservedInvestments gotcha that makes sense to me. Thanks for the reply. I really enjoy your videos and perspective.
@@ReservedInvestments hey did someone queue a Nintendo fanboy? Thing is you can’t use the word never because no one truly knows what will be historic in the future. I’m not gonna say video games will be in history books for high schoolers.If someone writes a book in 80 years called the history of video games Nintendo world championship might be in there. Let’s say someone builds a museum In 100 years solely about the history of video game don’t you think Nintendo world champion cart might be there on display?
@@nathaniel2794 And that is not what makes something 'historic.' You are making the same argument PEZ and Marx Toy collectors made decades ago that just because someone opened up a PEZ museum (which already closed by the way), PEZ are 'historic.'
@@ReservedInvestments yeah I hate to admit it but most likely you are right…PEZ are gross by the way, that’s why that museum got shut down
I've had to deal with the Beanie Baby market. I basically have one rule except for a few exceptions (Diana Bear). Basically if the tush tag is all black print, there is some value there but not a lot unless it is first edition with the hang (ear) tag in tact. If you are collecting the right item, with a long enough hold period, Benie Babies are a good investments because of the craze it created and the earliest ones tell the history. That will build value in the long run.
I completely agree with Shaun for the most. I personally invest in comics and this partly applies. However; with escapism being a huge commercial area I believe comics will continue to grow. Hulk 181 (I know you’re not keen) when Disney release the next generation of films/shows will bring a huge influx to the market. The book will gain another life. I do agree and think Shaun hits the nail on the head. This new generation will not view collecting comics the same as me from the 80’s. That point alone makes me think comic books might not be long term. Who knows! Great video as always…..
Great stuff 👍👍👍
The thing with Pokemon and MtG cards is also that the card games themselves are also popular, I would assume that those markets would also crash if the games stopped being made/supported. Prices of the cards can fluctuate wildly depending on legality and use.
What is your opinion on the collecting market for vintage bicycles like Schwinn Phantoms & Schwinn Stingrays or say early bmx bikes from the late 70s? To me it seems to blur the line between nostalgia and history so I am concerned about holding on to some of these “treasures” of mine knowing they are really worth top dollar in the current market. Do you feel that the history of these machines will carry them through multiple generations like say Mickey Mantle baseball cards?
Schwinn bicycles are dying a slow death. I’ve mentioned this in several videos. It is by no means comparable to Mickey Mantle.
Shawn’s awesome
Great Points!
Great video. I was getting into the card scene and there was a tickle in my brain to investigate further and this is what I was ment to find I believe. Thank you sir.
Welcome to the channel. Thank you for your feedback!
Appreciate the insight! However, albeit this is only anecdotal, but it seems that generational nostalgia helps maintain an undercurrent of sustained value for certain collectibles …for example, if a child is born in 2021, and his or her parents are collectors of silver age comic books, I would imagine, if that child has the collector gene, then the pattern likely continues, supporting the value of the books. I could certainly be wrong, but there seems to be more collectors now than before, seemingly because of the cinematic history and parents being collectors…as such, with a growing population and scarcer “silver age” comic books I would imagine many of these books will either hold their value or increase within the decades… but I am clearly not an expert, and always enjoy your willingness to share your educational insights! Thank you!
Good stuff, enjoy your channel and content
What is the difference between a first edition copy of The Great Gatsby and a first edition copy of Detective Comics 27? It seems to me they are in the same category.
A lot actually…again, do you read Penny Dreadfuls, today? No, but you read Gatsby in school and college. To be fair, you are not exactly wrong. I’ll be covering this in another video.
some video games have had a huge cultural impact already like mario or resident evil. there are few games that can def be considered historical already as long as they new, sealed and perfect worthy of a museum
Excellent video!
The Great Gatsby is one of the greatest books too. Interestingly enough I'm currently living in Cody, Wyoming and visited the Buffalo Bill museum and learned about Annie Oakley. Interesting coincidence.
I want a t shirt saying “Timmy, Kimmys and Pointdexter” 😃 we need merch!!
Bonus for when this merch has mass produced scarcity and becomes a collectible
What do you think about Gary Vee pumping sports cards, comics, marvel cards, and Pokémon?
You don't want me to answer this, trust me... ;)
@@ReservedInvestments either way if when the market cools off he will take a reputation hit.
Great information as always. Do you feel as I do that there is a spectrum between nostalgia and history with some blending/crossover? By way of example, some tobacco baseball cards and rare Golden Age comic books have historic significance, while some rare books are historic and others may be more nostalgic?
When does the bubble burst though? When does the nostalgia wear off? Is Magic a nostalgia bubble or is it speculators also inflating price, OR is Magic a legit historical collectable?
I'm still pretty new to this market, and I just found this channel. Really helping me out so far! I focus on coins and currency. I'm a collector by nature, but am also starting to branch out selling stuff.
How long does nostalgia last? Mainly how long will this high prices last until I can get the nostalgic collectables for cheap again lol?
10:45 excellent point accurate psychology
Great video 👍🏼
Thank you for the video, please do a follow up! Have a great weekend
This channel is still such a hidden gem. Thank you for continuing to share these important perspectives!
This topic is one I've been thinking a lot about lately with the recent rise of some collectibles from the 80s/90s. What I continue to ask myself is, how long will nostalgia continue to drive it and which pieces will stand the test of time as historic items?
The hair is not a problem. That 747 fuselage sized sharpie on the other hand...
I like it mang
What do you think about doing a video about investing in unopened wax packs and boxes from 1980's and prior? Everything from baseball, basketball, to non-sports such as 1977 Series 1 Star Wars unopened wax boxes or Garbage Pail Kids Series 1 unopened wax boxes? Any thoughts? Thank you!
Nice Hair!
Back from the gym crazy hair Shawn!
Another great video Shaun. A few videos back when you talked nostalgia, I poised the question of fortnite trading cards. They cover all the points you put forth about being at home playing video games. 7 million people at any moment were playing Fortnite throughout the entire lockdown. It has broken more records than any other game to date. These kids will grow up wanting that nostalgic feeling right?
That's a pretty big stretch to make....
@@donjonbovi3840 very true, but he’s looking back at having mono with nostalgic thoughts technically. It was just a example. There must be something from this generation to be nostalgic about in the future is more my point. As said in the video Pokemon and magic and mario might not last forever.
My kid and all his buddies love Fortnite. He also loves sports & Pokémon cards. Yet he hardly knows Fortnite cards exist. I don't think they'll be super relevant in 20 years.
You should add sports cards in historic categories. Since people are chasing babe Ruth rookie cards.
150th like 👍 ⚡️ genuinely decant video mate!