Friends giving up collecting in 2023 - Post continuation

[raulus]

Originally Posted by Fred

Has anybody created a Sports Card Index that tracks the value of the top 500 cards in the hobby? My thought is that it would have a cross section of highly sought after cards. Create an index for higher grade, mid grade and lower grade cards. If one exists, it'd be interesting to hear about it.
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Might not be exactly what you had in mind, but PWCC created some indices to track prices.

I haven’t spent much time digging into the weeds here, but here’s a link:

https://www.pwccmarketplace.com/market-indices

[BobC]

Originally Posted by raulus

Might not be exactly what you had in mind, but PWCC created some indices to track prices.

I haven’t spent much time digging into the weeds here, but here’s a link:

https://www.pwccmarketplace.com/market-indices

Which raises the question, how long you think before they go out and acquire all the cards used to measure and create their index, and then start selling people interests/units in it, just like say a DOW or S&P fund does?

Not an expert in securities law, so not certain exactly when someone would have to be afraid of crossing the line and become subject to actual securities laws and regulations of they did start trying to do something like this. However, I do believe there can be such laws and regulations at both the federal and state levels. So, the answer could vary based on where you, or maybe the entity offering the investment sales, are located as well.