$100 Well Spent Project Update—First Purchase!

Posted by Jeremy on February 22, 2009 under $100 Growth Project | 4 Comments to Read

 

Good news!  I am happy to report that I have spent the first portion of my $100 on a nice little 15 count 2005 Bowman Chrome Draft refractor lot of Baltimore Orioles OF prospect Nolan Reimold (link here).  Cost breakdown is as follows:

 

Final eBay Price: $41.05

S & H Fees:           $5.00

Net Price:            $46.05

 

Reimold was placed on the O’s 40 man roster this spring and has a legitimate shot at makiing the ballclub in possibly a platoon or 4th outfield spot this spring. 

I have liked Reimold for quite a while and last season was the first season in a while that he was able to stay in good health.  He compiled some big numbers with AA Bowie hitting .284 with 25 HR 83 RBI and 87 runs scored.  He has great plate discipline and a tall athletic frame that fits nicely in a corner outfield spot.  I don’t think he will break camp with the big club but his debut is arriving soon.

I figure that $3 a pop for first year chrome refractors are a solid value buy.  Reimold has the power potential and polish to make an impact soon and a $2 per card profit is not an unreasonable expectation.  My hope is that Reimold will make the club this spring in a platoon situation or find himself on the roster after the arbitration deadline in May. 

One purchase down…and who knows how many more to go.  This transaction alters my funds available to $53.95 and my inventory to 15 Nolan Reimold ‘05 Bowman Chrome Draft Refractors.

Your thoughts on the first move?