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davidcyclebackWhether or not baseball cards is an "asset class" is merely a rhetorical game.
Which has higher a financial return for the owner: $1 million return on 'investment' cards or $1 million return 'collectible' cards? The answer, of course, is the returns are identical. Only the nicknames for the cards are different. If you had instead labeled one of the two groups 'purple monkeys from Mars' cards, the financial returns would again be the identical.
As most baseball card 'collectors' hope that their cards appreciate in financial value and hope that the cards don't sell for 1/8th of the purchase price ten years down the road and try to buy and sell their cards at good prices, the difference between the self-professed investor and self-professed collector often is what they call themselves.