Posted By:
Fred CAbout the only way this crazy idea would work is by having a trusted name in the hobby as the care taker for the card. You could "create" shares for the card but you'd have to ensure that all understood the rules of ownership. Also, you could make the shares transferrable. That would be one vehicle to make it like a stock share. If someone paid $3k for it they could sell their share (at any time) for what ever price they wanted to sell it for. They could sell it for a profit or for a loss (if they needed the cash). In any case the new owner would have to understand the rules of ownership before they are allowed to purchase share(s).
I don't see why this couldn't work but to be honest with you it's really not something that is going to enhance your cardboard collection because you really wouldn't be taking ownership of the card. This is only an investment vehicle. The other part of this is that about the only way you are going to maximize your profit is by having a trusted auction house selling it. I thnk we all realize that the auction house isn't going to do this gratis.