Cards as an inflation hedge ?

[Republicaninmass]

Originally Posted by trambo

Neither are wrong but man it's way more fun holding the Cobb than the monthly statement....haha!!

I totally agree, and if it goes up in value, you got to own it, enjoy it, AND made a few bucks!

It IS hard, for me at least, staring at a box in the bank and thinking "this could be an (insert asset here) with the recent insane multiples.

[trambo]

Originally Posted by parkplace33

Great points.

I especially agree with your last statement. Many collectors say, well, my card is worth x, so I should be fine. A card is only worth something when you sell, so until then, it holds no dollar value. And the fact is collectors always overvalue their cards, so they may be in for a rude awakening when they try to sell.

Cards, like stocks, are only worth what someone is willing to pay for them. Card shows, online forums, marketplaces and auction houses are akin to the NYSE, NASDAQ, etc so I'd say there are enough venues to sell cards that they are quite a bit closer to stocks than others may think.

As for the "always overvalue their cards" comment, I actually use average sales for valuing my collection and taking a percentage of that (less than 100%) for an approximate value for any external need I have for that info. Maybe I'm the only person ever who has done it that way but I'd guess likely not.

[Exhibitman]

Originally Posted by RedlegsFan

r….

Baseball cards: you can’t feed it to your family, they won’t keep you dry. They don’t transport you across town. They are not accepted as currency in any Costco or 711. They are poor self defense weapons. They are even worse for amphibious assaults on a food and ammo cache. You can’t use them to build a shelter, or a boat. In the end, if kept dry, are great for starting a small cooking fire.


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A Beckett large slab could serve as a roof on a shelter and when thrown correctly could decapitate a soldier in full body armor.

[RedlegsFan]

Originally Posted by Exhibitman

A Beckett large slab could serve as a roof on a shelter and when thrown correctly could decapitate a soldier in full body armor.

LMAO!!!


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