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LETTERS TO THE TIMES

Collectors' Nightmare

August 30, 2004

Re "Another '90s Bad Dream," Aug. 26: Like almost all collecting fads that come and go, the Beanie Baby went through the same steps as the baseball card frenzy of the 1980s. My son spent his money at the local baseball card stores in the 1980s buying boxes of each year's issue. Today, the same dealers do not want to buy back these items, offering 10 cents on the dollar -- if they "need more stock."

When the next fad strikes, enthusiastic collectors will spend lots of money and stock up on items that turn out to be a Ponzi scheme -- intentional or not.

Sol Taylor

Sherman Oaks

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