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Collectors Universe Inc. Message Board

contentsmatters 12 posts  |  Last Activity: Apr 16, 2015 1:32 AM Member since: May 15, 2005
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  • contentsmatters contentsmatters Jan 27, 2015 4:54 PM Flag

    If the coin was graded, why would you have it re-graded?

  • contentsmatters contentsmatters Jan 30, 2015 11:10 AM Flag

    With cards, PSA really dominates and is by far the most respected. I would never consider sending in cards to the competitors. And with cards the grading is very accurate; I usually agree with PSA grading; only occasionally have disagreed

  • contentsmatters contentsmatters Jan 30, 2015 11:16 AM Flag

    If you go to any events for collectibles; be it cards, coins, vinyl records/music, comic books, stamps; you always have the bulk of people at least 40 and older or 50 and older. This doesn't mean all these collectibles die out. Card collectors have been calling for cards to die out for 25 years and is hasn't happened.

    I guess the concern is that those under 35 have a tougher cost of living to deal with due to college rising 500% or more the past 30 years and other costs. But if cards, stamps, coins, music shows all die out then it means the stock market and everything else also tanks because no one has any money left. But that's not going to happen. Plenty of Americans are doing just fine. Just live and enjoy your hobby because plenty of young people in America are also doing just fine, despite the doom and gloom that so many talk about!

  • contentsmatters contentsmatters Jan 30, 2015 1:52 PM Flag

    I admit I'm like you and in the back of my mind I do worry the same thoughts, but for me it's cards and not coins. But if worried why you can always sell your dupes and diversify and not be too heavy in any 1 collectible.

    Coins actually have a big advantage over baseball cards, comic books and other "mostly American" collectibles for long term value. They have worldwide appeal as do vinyl records and stamps. For my view, I could care less what some experts say because experts are wrong all the time. Baseball card experts said the industry was finished in the early 1990's and it's still going very strong. And when experts site silly examples like, "my kids aren't interested", that means nothing at all. My son is 12 and loves coins but has no interest at all in baseball cards; even though I'm just the opposite. And my dad loved stamps which always put me to sleep.

    Also remember that the internet is a major game changer and it's very possible that many of the younger collectors buy on the internet and see no reason to go to shows and pay more when the internet comes with better deals(for the most part). Anyway, if you look at the top dealers of baseball cards and coins on Ebay, you'll see their feedback numbers have remained huge for years, so it can't all be just the 50+ age group. With baseball cards, the top ebay dealers get more feedbacks now than they got 10 years ago, so to me it appears the number of collectors are growing for cards.

    I guess my point is that it is almost impossible to predict where any collectible goes. Here's a great example of the unpredictability of collecting. Who would have thought vinyl records would be more popular today than 15 years ago and that teenagers and kids in their 20's would be buying turntables at Best Buy and going to ebay to buy Led Zep? 10 years ago Best BUy had 1 turntable model and now they got more than 10 to choose from!

  • contentsmatters contentsmatters Feb 9, 2015 2:57 PM Flag

    Thanks for posting the numbers. I thought of selling after you posted this last week, but have held from the $14 level and the added buy a month ago at $20 and decided to keep holding based mainly on the dividend, which increased. In a sideways or down Dow and Nasdaq that I see this year, I think it makes sense to hold for the dividend and the possible small bump higher in share price this year. I'm surprised the Asian markets are not seeing a bigger pop higher, but expect that they will this year. I don't think raising prices is smart, as it discourages a lot of people from getting cards graded and I assume coins also.

  • Reply to

    David Hall selling again

    by dbtunr Feb 12, 2015 10:09 AM
    contentsmatters contentsmatters Feb 19, 2015 8:43 AM Flag

    That's close to 60,000 shares that David Hall has sold this month, yet the stock is holding up. I'm still holding all shares but this is a concern and I'm thinking with another pop higher I might take some profits.

  • Reply to

    huge coin fall off. Down 10%-20%

    by dbtunr Feb 19, 2015 9:32 AM
    contentsmatters contentsmatters Mar 4, 2015 12:04 PM Flag

    Thanks for the updates on the numbers. The stock continues to do well despite the insider selling and the lower coin numbers. Did they lay people off or come up with a faster and more efficient way of grading to lower the payroll time spent in grading? Or are there other collectibles being added besides coins and coins that have helped? Comic books, autographs, memoribilia, etc

  • Reply to

    huge coin fall off. Down 10%-20%

    by dbtunr Feb 19, 2015 9:32 AM
    contentsmatters contentsmatters Mar 5, 2015 12:50 PM Flag

    Maybe the Chinese currency starts small but is good for the long term. The big drop in gold and silver the past month might hurt a bit, although January was a great month for the metals and your numbers would have included January so that's probably a wash. It could be what you said in that most investors have no clue of the numbers until they get reported. Your numbers are accurate and you post here before the company announces numbers. If I was a day trader I'd probably sell some shares and buy back 10% lower but I'll hold

  • Reply to

    Broker 1099's

    by leftymd Mar 20, 2015 12:08 PM
    contentsmatters contentsmatters Mar 31, 2015 1:05 PM Flag

    fidelity is excellent company except for awful new website

  • Reply to

    estimates for Q1

    by dbtunr Mar 19, 2015 10:20 AM
    contentsmatters contentsmatters Mar 31, 2015 1:15 PM Flag

    Have to know all the details in regard to how much more per coin they're getting by raising prices and if they have the same number of employees. I think in the long run it's a bad move to be raising prices because dealers might start selling out if their profit margins are cut too much. With cards; it's at the point where many dealers no longer bother getting graded but take good pictures and are trusted with their grading. I continue to hold and it's mostly for the dividends and in hopes of a slow rise back to $25. But have to watch how this goes if they keep raising prices and driving dealers and collectors away. DBTunr; I do notice that you only ever talk about coins, but you do have to look at more than just coins. Cards might be around 25 to 30% of their business so if cards see an uptick, than that has to be figured in as well. What surprises me about cards and is encouraging is that many dealers sell mostly newer cards from the past 10 years including lots from the past 2 years. So there might be a decent uptick in new card collectors and young collectors

  • Reply to

    FIRST! Do NOT buy this IPO!

    by nationalsozialistischen Apr 10, 2015 6:05 AM
    contentsmatters contentsmatters Apr 13, 2015 1:52 PM Flag

    So 2 people gave their opinion to avoid Etsy and maybe their right for the reasons they gave. But maybe not since it appears many former ebay buyers and sellers have left ebay for etsy. Many sellers have completely quit ebay all together and many others have greatly downsized their ebay listings and put them on etsy. With ebay reducing the number of free listings each month that have no listing fees from 100/month down to just 20/month; this seems to play into the hands of their competitors and only will drive away even more buyers and sellers. Many sellers are also big buyers and with less items getting listed because of Ebay's foolish decision to greatly drop the number of listings without listing fees; buyers will see many less items and will find more on etsy. I'm not saying to buy Etsy, at this point I'm not sure; but I'm pointing out the negative posts might be wrong and Etsy might work if buying after it drops 10% after initial shareholders cash in some shares

  • Reply to

    Plumbing Problems closes Midland TX store

    by greatday43 Apr 14, 2015 10:14 PM
    contentsmatters contentsmatters Apr 16, 2015 1:32 AM Flag

    Oddly 4 other Wal-Marts closed 2 days ago and also cited plumbing problems. Very odd the way they closed right away and gave the employees no time to prepare. Surprised more aren't discussing this here

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