[Peter_Spaeth]

Originally Posted by BobC

With all this talk of fractional ownership of cards, here's a thought/question. What if the current owner of the Gretzky Wagner (is it still Kendrick?) decided to sell it and it ended up being purchased by a publicly traded company, for whatever reason. Would any of you ever consider then going out and buying some stock in that company, because doing so would then technically make you a partial owner of that Greztky Wagner (or whatever famous card it is that you'd like to own, but can't afford on your own)?

If you answer no, then you probably shouldn't ever consider something like is being suggested in regards to investing with others just so you can own a fractional share of a particular card. It is technically the same thing in both instances.

I don't want a fractional anything but it's not really the same, presumably the Gretzky Wagner would be a much more material part of a card syndicate's portfolio than it would be of a publicly traded corporation's assets, plus an individual is going to own a much larger share of the syndicate than the public corp, and therefore in the former you might expect to profit from it but not in the latter.