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Old 10-18-2007, 01:59 PM
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Default How Long Before Hedge Funds Control The Rare Card Market?

Posted By: Marty

Most other collectibles have a world wide market. There are coin and stamp collectors everywhere. I know that there is some card collectors in other parts of the world, but I doubt that the percentage is that great. High end cards are not that liquid. Only a few collectors would be able to purchase the big money cards, and how many of them would invest in the funds so they would already have a piece of the action. The buyer's premium in the auction houses and how long between consignment and final payout is too long.

I do believe that there is a place for a manager to handle card collections or investments. There are people that currently do a large portion of the buying for some collectors.

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