Posted By:
Scott LevyIMO collectibles as an investment ought to be looked at the same way as Art. In other words, don't even bother to play that game unless you're worth at least $1M liquid in which case I'd still say to limit the total $$ to 5% of your total investments. If you're able to play, invest under the assumption that it would be okay for you to lose 100% of that investment and again my opinion, buy the rarest, highest grade item you can afford. A personal favorite for me would be a T206 Plank in the best shape u can find it.
Having said all that, if you truly love cards, or art, or bottlecaps, etc... treat it like a hobby and NOT like an investment. Since I'm in this boat it's easy to explain the rules here. Collect the things that bring you joy and satisfaction, don't worry about whether they are rising or falling because if you are doing it for personal enjoyment it really doesn't matter much.
Regards,
Scott