I Emptied My Retirement Account to Buy Basketball Cards. It Was Thrilling. It Nearly Ruined My Life
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Card collectors refer to an unopened sealed box or pack of cards as “wax.” For many collectors, myself included, much of the thrill of the hobby is in opening wax, in the statistically improbable opportunity of finding a card worth more than the pack it’s in. I dwell in possibility, wrote Emily Dickinson. When I buy wax I’m not paying for the cards, I’m paying for the fantasy of what might be inside the pack. In this way the obsession (even now I’m consciously avoiding using the word...

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