To the extent that the wealthy are into cards it isn't to beat interest rates, it is as a fun alternate asset play. Something to enjoy like art. Rich people don't sell the family Picasso for pocket money. What is most likely in a downturn is the same thing as has happened in every downturn. Marquee cards stagnate or fall moderately and meat and potatoes basics fall pretty hard because the guys who buy vg Topps cards for their sets are the ones who take it on the chin in a downturn. One thing I do expect in the next downturn is a significant drop in the mainstream cards that have been run up so much in the last year or two. The stuff with a regular heavy supply on eBay and auctions. The PSA 7-8 and even some 9s for guys who aren't Aaron Ruth Mantle etc.
Last edited by Exhibitman; 03-12-2017 at 09:02 AM.
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