Quote:
Originally Posted by Mrc32
I think this an interesting offering by Collectable. I've "invested" on 6 of their cards over the last 6 months. Kind of fun to see. You have to really be careful on the valuations like any other investment.
This one is interesting exactly because of the valuation. If you evaluate this like a stock - this is priced for perfection. In other words - the only way you will make money on this if someone comes around and offers $8 million+ or something crazy for the card. I, for one, don't see that happening.
The card is on display at the babe ruth museum. One would think that as an owner of the card you should receive some % of the the admission to the museum as a dividend. That could be interesting.
But this one is a hard pass for me. I think it is for people who want to say they own the Ruth rookie card only. The structure of the deal is too strange for me.
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They could say it, but they would be VERY dopey, IMHO
