Posted By:
ChadI'm working under the assumption that an individual collector knows something about and appreciate the 50,000 dollar card he's buying that, say, First Eagle Funds of America or the MIT endowment fund wouldn't. Do high end cards end up in the collections of people/entities that don't care? Absolutely. Should we encourage this? Why would you want to?
--Chad
edited to add:
And who have I ever accused of not being a real collector? Show me a single post I've made where I've implied that. If my being wary of hedge funds jumping into collecting makes me a snob or full of s--t, then so be it. I can offer suggestions of what you're full of if you want.