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Old 08-31-2007, 07:58 AM
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Default Baseball cards as an asset class

Posted By: boxingcardman

I hate to admit I am in partial agreement with the Dorskinds. Cards are an asset and anyone arguing to the contrary is overlooking decades of history. However, he is wrong on two points:

1. "One must invest in items where there is active, consistent trading..." Wrong. The best way to make money in cards is to figure out what cards are going to be hot and get into those just ahead of the curve. We've seen it in E cards and certain T cards, and very soon we are going to see it in ___ cards.


2. "and prices are not controlled by a handful of “investors/collectors.”" That statement also is wrong as applied to the high numbered slabs that the Dorskinds tout. The ultra high slab number vintage card market is the essence of a thinly traded market, as there are only a handful of rich white boys fighting it out over those cards.

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