Quote:
Originally Posted by Pilot172000
If you take a long look at hobbies across the board you will see that all are at record highs. A lot of that has to do with the fact that the investment value of a top tier card has better growth potential than a 5 year CD worth the same amount of money. I also collect Colt Revolvers and the price and value of a Colt Python was around $350 to $400 prior to 2008. Today it hovers anywhere from $1800 for a rough specimen to $15,0000 for a LNIB. Folks with money aren't gonna sit around and wait for the Fed to raise interest rates. They are gong to pour their cash into investments like what the REA is auctioning off.
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You are exactly right, David. Rare, significant cars and coins are seeing similar substantial increases in value!
Regards,
Larry