Investors in Collectable concerned: 'They are holding our items hostage'

[Carter08]

Originally Posted by Peter_Spaeth

So an investor in a particular item is stuck until Collectables deems it appropriate to sell the item?

I (very) lightly dabbled in it when it first came out. There’s two main ways to get your money as far as I recall. First, after you buy your shares in a large item you can just sell your shares to other investors. If the market has gone up / others perceive the value of the piece has gone up, the price you get will be more (and, obviously, vice versa). Second, if an offer comes in on an item there is a vote on whether to accept it or not. If the vote passes, shareholders are cashed out that way. The tiny shares I bought when the market was COVID hot all seemed to go down a little, but that’s just anecdotal.