Giving investment advice is so difficult, because it is unique to your situation. If you are 50 years old with two kids in college with hefty 529s to pay for it, live in a house that is paid off, have $200K in your checking account and $4 million in the market, then $15-25K in sportscards as an "investment" can be fun and arguably sensible. If you are 30 with two kids under 10, have $40K in the bank and $50K in your 401K/IRA and are saving $500/mo after expenses, then a $15-25K investment in sportscards can be a different story.
If you have $4 million in the market, are you in your lifetime going to even notice the extra $25K deposit you make today vs opening that box, digging through the packing peanuts, removing the bubble wrap, separating the cardboard to reveal a nice 52 Topps Jackie or a 33 Goudey Ruth (especially if this card becomes the crown jewel of your collection)? I think there is a psychological dividend to holding a grail card when you already have enough in traditional investments. And when you see your portfolio swing $25-50K a day, it sure is nice to go back and look at that grail card and see it is still the same.
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