Also, well said Howard. For the most part collectible and fine arts are incredibly inefficient markets. The relatively low volumes of money and subjectivity of underlying assets has largely kept professional money away. Although in the last couple of years I have seen (relatively) small financial fish dipping into the card collecting market. Larger fish have been nibbling at the infrastructure, but not in way (so far) that makes the market much more efficient.
Quote:
Originally Posted by hcv123
It is also (SHAMELESS PLUG COMING) why part of my business is private consignment sales - it offers true price protection with integrity! If my consignor doesn't like an offer, it doesn't "sell to the highest bidder" - we wait for someone willing to pay more.
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Also, a very happy consignor here. In fact, now that the PWCC vault no longer offers the value proposition I bought into, I'll probably be sending Howard a lot more cards....