Liquidity & Investing vs collecting

[Peter_Spaeth]

What's interesting is the different predictions I am hearing from people who have been doing this a long time. Some think the game has changed forever and that at least the high end RCs and some other cards have moved from collectibles to investment commodities; some think it's a short-term trend and the investors will take their profits soon and move on and prices will collapse.

Right now, my understanding is that much of the buying one sees on these cards that are skyrocketing is being done by a relatively small number of people. So I think it's still a volatile situation.

[botn]

Originally Posted by Peter_Spaeth

What's interesting is the different predictions I am hearing from people who have been doing this a long time. Some think the game has changed forever and that at least the high end RCs and some other cards have moved from collectibles to investment commodities; some think it's a short-term trend and the investors will take their profits soon and move on and prices will collapse.

Right now, my understanding is that much of the buying one sees on these cards that are skyrocketing is being done by a relatively small number of people. So I think it's still a volatile situation.

Peter, anyone else besides Brent of PWCC who think the game has changed forever? Trying not to laugh as I type this.

[begsu1013]

forever ever!

or

forever?

[Jetsfan]

The pure investors clearly have the most to lose here. At least those of us who are mostly in it for collecting will still have something we want if prices drop. And I personally still can't figure out how to do the "investing" part of cards. Everything I've ever bought specifically on speculation seems to be worth less than what I paid, while much of what I've bought for collecting has gone up in value, but most of my stuff is mid grade.