Quote:
Originally Posted by Exhibitman
Cards selling for record prices and making the news is a net positive for all of us collector/investors, even if the buyers aren’t into our specific part of the hobby.
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No, I flatly disagree. First of all you're conflating collectors with investors when there's an enormous chasm between their interests. Investors are on the side of scarcity since they'd like to see an increase in the value of their holdings. Meanwhile collectors are on the side of plenty and thus low prices since they want to be able to readily afford additions to their collections. Otherwise they're not "collectors" since collecting is all about precisely that.
Quote:
Originally Posted by Exhibitman
My hope is that buyers like this help further the case for treating cards as an asset class worthy of investment and that the effect spreads to vintage cards too.
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Not I. Some of us collect because we truly like cards and thus want to be able to afford adding ever more cards to our collections. I'm one of those.
Quote:
Originally Posted by calvindog
That prices are going through the roof means we won’t be able to afford cards we once could; our collections, of course, are going up commensurately. For anyone with a collection that’s a significant part of their net worth, this is a good thing, even if you’ve never purchased a card for investment purposes.
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But only if you sell!
