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Posted By: PASJD

I would be very surprised if many people buy cards strictly or even principally as an investment. I would suspect those who say it is more a rationale for spending discretionary income are correct. Not that it can't work out well sometimes, but I just don't believe that the prospect of appreciation (which would have to include serious study of current prices and expected trends, and would mean that one would only buy cards one thought were relatively underpriced) is what is motivating the vast majority of purchases.