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3 Comments

1. I still see crypto currency as a Royal None-Such. I’d love to call Bitcoin a Ponzi Scheme because it currently acts like one due to those hyping it (and hodling), but the actual product doesn’t promise any returns and as such is more akin to baseball cards and Beanie Babies without the intrinsic value/intangible value that both of those collectibles offer when the market falls out. The saddest fact of Bitcoin as a private fiat script is that it doesn’t even have a company store or anything backing its value. Other crypto currencies have created for themselves a required use function with certain services/product that might give them an intrinsic value (or use) to those who need their services/products, but this has yet to really manifest itself in the real world as something of value. So be careful when buying, someone’s going to end up holding the bag at the end of it.

2. If anyone is interested, watch American Pickers (on History Channel). Mike Wolf, one of the pickers is a fanatic on pre-1920 motorcycles also on old Harley’s and Indians. You can get a good feel for the value of what you may be looking at. You need to know enough to know whether what you are looking at, even the parts, is original or some hybrid of what it is portrayed to be.

   Key to this is either knowing what you are looking at or having someone available who can give you good answers to your questions.

3. Since we’ve seen articles about different forms of collectibles, note that there is a fairly well-organized market for petroleum-related collectibles. These include old signs, gas and water cans, and especially gas pumps. As always, you must research exhaustively before investing.

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