Depends on the situation
I see a lot of people on here saying cards/memorabilia are not an asset class/good asset class to have a chunky amount of assets invested in. I'd agree and disagree. High quality, High desirability items will whether downturns FAR better than run of the mill low grade items.
I have a portion of my collection I'd classify as "purely enjoyment" (think 10-15%). Thats where i collect players or teams I love and don't care all that much about the value change.
The other 85-90% is in high grade premium Vintage autographs/Memorabilia. It so happens that I also enjoy collecting those items, but I make no mistake that those are also investment vehicles. The good news there is most of those items are at or above value wise what I paid over the years, some substantially so. Think High Grade autos on Ruth, Mantle, Jackie Robinson, Clemente etc etc.
There are certainly blue chip areas of collecting to hold investments in, looking back at the last few financial downturns (including 2022), those items have remained very resilient, where as things like stocks, index funds, bitcoin etc have actually gone down further percentage wise and are still lower value today than anything memorabilia I bought and held in the same window.
Last edited by Kco; 08-31-2023 at 11:57 AM.
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