OT:Auction sales hit record $15 billion as young, wealthy collectors enter the market

[cardsagain74]

Originally Posted by Fred

I have a difficult time looking at my cardboard as an asset class.

This sometimes heard "it's just cardboard, so it's silly that it's an asset" outlook never considers the basics of why some intangible goods can be worth so much.

People obviously enjoy looking at (and owning) those goods enough to drive prices up. Art, sportscards, comic books, and many other examples. They elicit positive feelings of nostalgia, escapism, learning about history, and so much else.

A lot more to it than it just being "cardboard" or "silly cartoon drawings"

[Schlesinj]

Originally Posted by cardsagain74

This sometimes heard "it's just cardboard, so it's silly that it's an asset" outlook never considers the basics of why some intangible goods can be worth so much.

People obviously enjoy looking at (and owning) those goods enough to drive prices up. Art, sportscards, comic books, and many other examples. They elicit positive feelings of nostalgia, escapism, learning about history, and so much else.

A lot more to it than it just being "cardboard" or "silly cartoon drawings"

I am pretty certain we all use paper to pay for things.