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#1
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I love collecting but I have made no bones about the fact that when I send in cards for grading I want to increase their value. The potential margins are shocking in cards. Find me a stock you can magically make worth six times what you paid. Obviously that can't be done and so this kind of massive escalation in price that takes place in every segment gets money chasing cards. Tom Brady has proven to be a total blue chip investment. His cards are like Amazon shares and when they came public there was little fanfare but have done nothing but go up over time. Incredible. |
#2
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This won’t shake anyone major player out of the registry. I think this incident just points out that PSA needs to add graders and improve inspection methods. I have no doubt that they will do this and they will come out of this a stronger company with improved grading procedures.
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#3
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