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Posted By: Jay

Frank--I know that some of your post is tongue in cheek but it may not be that far off. The formation of a fund that invests some portion of its proceeds in sportscards is basically what you have described. The fund buys cards that it deems to have a high likelihood of appreciation. It would undoubtedly only buy graded cards and it would help to have an independent third party to provide valuations. Not only is this possible but I bet we see it in the not too distant future. However, this has nothing to do with collecting.