I don’t count my collection against my net worth so I agree with you guys. But I’ve always suspected that there are a significant number of collectors that have cards as a large percentage of their net worth. I think this is a big part of the reason most collectors want this altered cards thing to go away.
Lets be real, this isn’t a hobby for kids anymore. You can’t even find cards for sale where I live. A small number of large volume collectors are driving price increases on vintage. Hard to see how it can last when most collectors are in their 60s. Anecdotal but everyone I know has money in RE, most own financial
assets, some have non trad investments like art or cars and literally no one collects sports cards. I have a huge network and don’t know one person outside of online communities that collects cards anymore. We all did as kids and
i’m the only guy that came back into it. Our hobby is incredibly small and top heavy.
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