The LeBron James and Giannis Antetokounmpo cards that sold for a combined total of over $3.6 million recently were purchased by an alternative asset fund managed by a new platform that is planning to launch October 1. Alt is aimed at those who want a place to manage alternative investments, including higher value trading cards, while providing real-time profit/loss numbers … [Read more...]
Collectable Aims to Offer Shares of High-End Sports Memorabilia
In 1602, when the Dutch East India Company issued the first shares of stock on items that were made tradeable on the Amsterdam Stock Exchange, little did these capital investors know that their business model would be used centuries later by passengers on private jets, yacht enthusiasts, vacationers-- and now sports memorabilia collectors. Collectable's Jason Epstein says … [Read more...]
PWCC Launches Investment Advisory Service for Cards
Some still bristle at the thought but to anyone who has followed the market for popular high quality vintage sports cards, it’s impossible to ignore. Most are worth a lot more than they used to be. One of the auction companies that sells a lot of them has long touted their investment potential. Now, they’re taking the next step: PWCC Marketplace has launched … [Read more...]
Step-by-Step Guide for Investing in Vintage Baseball Cards
Yeah, we know. Buy stocks and mutual funds. Don’t invest in baseball cards. Believe me, our retirement savings are not locked up in cardboard and we're not suggesting yours should be either. But… there’s no denying that high quality vintage cards have been very solid performers over time. If only we’d bought a few ’52 Mantles when nice ones could be had for under … [Read more...]
Editor’s Blog: Iconic Cards Share Key Elements
In light of the skyrocketing prices attained for 1952 Topps Mickey Mantle cards lately, I’ve seen a few collectors start referring to it again as “the post-War Honus Wagner”. They’re right, for the most part. Mantles aren’t tumbling out of long-lost collections on a regular basis but they’re far more readily available than T206 Wagners. Hop on eBay any day and you might find … [Read more...]
1952 Topps Mantle PSA 8 Sells for $486,100
One of 31 PSA 8 1952 Topps Mickey Mantle cards sold at auction Sunday evening for a record-breaking price of $486,100. Pre War Card Collector Auctions offered the well-centered example, the fourth to be sold at auction this year. There was no immediate word on the identity of the winning bidder. During this year’s National Sports Collectors Convention, Goldin Auctions … [Read more...]
The Four Basic Types of Ungraded Strategies
Editor’s note: What follows is an excerpt from Jeff’s new book The Modern Baseball Card Investor. When it comes to ungraded cards, players in the game generally employ at least one of four basic types of strategies: 1. Case breaker 2. Case breaker/grader 3. Boxes 4. Singles It should go without saying that in a game where autographs often come at a rate of one or … [Read more...]
Ramblings: Fresh Take on Baseball Card Investing
There are so many of us who were involved in the hobby peak times that sometimes even we forget about the many books that were produced. One of the truly under-appreciated parts of that time was just how many different ways "card investment" clubs, books, articles and printed newsletters that emerged in the late 1980s and early 1990’s. Recently, I was reading a thread on the … [Read more...]