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.