Baseball cards as an asset class

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Posted By: Jason L

with the discussion of equity of America's class structure...

But, I was just wondering if people were seeing more formalized presentation of cards as an alternate asset class??? I find these recent mentions to be interesting and I am wondering if that may foretell of future increased instiutionalized interest.

I don't think there's any question that since they have proven to be a "store of value" in the aggregate, that it is correct to consider them as a subset of the "collectables" asset class.

Echoing others' comments, some cards hold value or appreciate better than others, you shouldn't put all your eggs in one basket, and there will always be collectors and investors - I don't push one or the other...

Since this seems to be the direction in which it is evolving, grading companies, high-end auctions, pricing information (a la VCP), and enthusiast communities should only become more important as the market continues to develop.

Here's a great question: Has anyone been pitched collectables investing as part of an overall strategy by an investment professional???