Sunday, October 18, 2009

Why People Like To Have Collections as a Hobby and the Highest Priced Baseball Card, Coin and Stamp Today

By Connor Sullivan

Many Americans are passionate about their possessions . This is particularly true for those people that take the hobby of collecting very seriously and spend a lot of time and money doing it. A lot of the huge collectors may travel all across the country and even the world to find specific things that they want to have in their collections. This article will discuss 3 things that people enjoy collecting like baseball cards or topps baseballs cards as well as coins and stamps. These are some of the most popular items that people collect .

Thething that has been a favorite thing to collect are rare baseball cards. This tends to attract those people that enjoy baseball and sports and know all of the past players and which cards are worth more than others. Baseball cards hit a high point in the 1970's with record sales being sold to men and young boys all over the country . As technology and computers emerged in the 1980's baseball cards had dwindling sales. Right now, the most expensive baseball card is a 1909 Honus Wagner card that went for more than two million dollars and had been owned by former NHL player, Wayne Gretzky.

The second favorite item to collect and has existed as long as there have been human beings is the hobby of collecting coins. Currency is something that can be traced back hundreds and hundreds of years and the older the coin and more rare it is, the more valuable it is by collectors . The most valuable coin is the 1933 Gold Double Eagle and it went for 7.5 million dollars. There were more than 400,000 of these coins minted with the 1933 date but none of them were released because President Roosevelt made changes in the currency at the time of the Depression. He decided to take America off the gold standard and made it illegal to have any gold coins also . This obviously, created an unbelievably hard to locate and rare coin and that is why it fetched so much money .

The final popular thing to collect are stamps as they constantly change and are different depending on what part of the world it came from. The most rare and ultimately the most expensive stamp is from 1856 and is a 1 cent Black on Magente from British Guiana. It became rare because it sold out right away prior to being able to make more so there was only one set that was ever made . It appears that the more rare the item, the more valuable and expensive it is to collectors. This one cent sold for $935,000 in an auction.

People that are serious collectors of rare items such as baseball cards, coins and stamps like the hobby and the challenge of finding an item that they do not have or finding the best deal on something that is hard to find . Other people simply like finding as many different kinds of the item that they collect also.

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