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View Poll Results: Do the stock market losses play into your vintage buys? | |||
Yes |
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89 | 25.00% |
No |
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218 | 61.24% |
Sometimes |
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49 | 13.76% |
Voters: 356. You may not vote on this poll |
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#1
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I have often wondered about the liquidity of sports cards in general. Yes, there has been a great influx of collectors entering the market, many with deep pockets and new methods to buy and sell (private equity funds), but this is not the stock and bond markets. So I wonder if the card market is liquid enough to absorb a major downturn in an orderly fashion without cratering the whole thing. Of course, some of us are pure collectors who don't care if there is a major pullback because they never intend to sell.
But, of course, the card market is unregulated, like crypto so, unlike the NYSE that has breaks when the market crumbles, there is nothing in place to stop panic card selling, just like 1929. |
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