Vintage Card Performance During A Recession

[oldjudge]

People lose jobs in a recession. Bonus money for those receiving this type of compensation tends to be less. I see no argument where collectibles would gain in value during a recession. How much value is destroyed is anyone’s guess. It is most probably a function of the length and severity of the recession.

[Mark]

Good points, and thanks for some stats, Adam. I knew a guy who thought that sports memorabilia is a good investment during recessions, but I don't think that is the general view. It might be time to sell some cards and raise some cash so that I can buy on the dip when the recession hits in a year or two.

[Johnny630]

Originally Posted by Mark

Good points, and thanks for some stats, Adam. I knew a guy who thought that sports memorabilia is a good investment during recessions, but I don't think that is the general view. It might be time to sell some cards and raise some cash so that I can buy on the dip when the recession hits in a year or two.

Your last sentence is exactly what is s been doing over the past few years except for only a couple guys.

[Rhotchkiss]

I imagine most cards will go down in a bad economy, but I would think a down economy presents a good time to buy, and likely is a bad time to sell. I view cards as a longterm investment (yes, I used the “I” word). Like real estate, if you buy the right stuff and are able to hold it for years, you will likely make out pretty well. At least, that’s my plan and I am sticking to it!