Financial Website Explores Investing in Baseball Cards

Don’t do it.  Buy what you like so you won’t feel cheated.  Be prepared to lose.

1914 Babe Ruth rookie card Baltimore SunWords of warning are never far away when anyone asks about whether you can invest in baseball cards with the expectation of a positive return.  Veteran collectors chortle at the gloom and doom.

While playing the current era market is sometimes (but not always) a minefield, those who invested wisely in vintage baseball cards over the last couple of decades did well–as long as they followed some tried and true ideas.  Ask anyone who had the resources to stick money into a Babe Ruth rookie card or a T206 Honus Wagner.  Stock pickers wish they could do as well.

Websites centered around investing in baseball cards have popped up, offering information on the players whose cards have traditionally performed best.

Not everything is a home run, of course, but the fact is that the vintage card market does sometimes act like the stock market.  Far fewer card players are involved but they’re the ones who’ve consistently driven markets higher through the laws of supply and demand.

Business Insider talked with PSA’s Joe Orlando and others for a feature they’re running in their Financial section today on investing in baseball cards.