Quote:
Originally Posted by Yoda
I am beginning to wonder what with the collapse of the crypto market, rising interest rates and the banking sector seemingly shaky, whether some will bury their money in the backyard for self-protection, digging some up when the family screams for a trip to the Golden Arches. Gov't Covid relief money has pretty much dissipated, some of it obtained fraudulently, and people are more or less financially on their own. The uber rich will continue to buy high value cards as Wall St. seems to approve of sports cards as an admitted asset. But for the average Joe vintage cards may not be the highest priority.
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Great points here.
I recently dealt with a collector wanting to sell a few higher end cards. They straight up told me they would only sell for physical silver and gold due to fears of a global digital currency. I told them if that happens, it is basically the end of the world economy. I don’t think they liked that response.