Auction amounts - how high is high

[Johnny630]

Originally Posted by Rhotchkiss

I think many collectors become investors and investors become collectors. Cards are unique. You can hold them, you can share them, there are so many ways to go about “collecting” them - you can make sets, player runs, back runs, etc. Cards are history, cultural, antiques, memories, people you idolize and root for. Cards have value and a history of increasing in value. For these reasons, and likely many more, many collectors necessarily look at their collections as assets (thus at least somewhat investments) and many investors come to love their “investments” and start acting somewhat like collectors in deciding what to buy and what/when you sell (or not sell). Plus cards are only semi-liquid - they are kind of a pain to sell yourself and tough to get immediate cash unless you are an active seller at shows or on eBay. I feel this semi-liquidity makes it even more likely that people will hold cards for longer durations.

Bottom line, as Johnny said, cards are powerful things and once bitten, it’s tough to shake the addiction for more and better

Well said !