1916 M101-4 Sporting News Babe Ruth PSA 4 on Goldin

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#20

12-29-2022, 10:01 AM

BobC

Bob C.

Join Date: Apr 2009

Location: Ohio

Posts: 3,276

Quote:

Originally Posted by Yoda

Do I understand that, using collateral in the vault, PWCC and Goldin allow bidders to employ margin trading in their auctions? First time I have heard of that ploy. Nice to have leverage in a bull market.....but.

John,

It seems like only a matter of time before they start having "margin calls" based on prices/values of cards someone owns, especially when it comes to the modern card market. LOL

Part of the sad reality in that the hobby is becoming more like an investment industry every day.

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