Cards as an inflation hedge ?

[RedlegsFan]

Interesting views, cool topic. My take is that of a struggling collector as myself. Sports cards have a fiat value, measured in a falling fiat currency. Because I’ve no residual income or disposable income, i must do as most collectors do, and buy only what i’m willing to be buried with. If i had 100K to invest in the last few years or so, i’d most certainly have ‘invested’ in some rare high dollar vintage cards, but be super tempted to sell off quickly.

Even though i’m optimistic the card market will fall, i still believe there are many, many cards that i will never legally own. I have to be okay with that.

I remember what happened in the last card boom, and i hold several opinions on today’s card market. First, i believe the wealthy underwrite eachother’s investments.

Second, hardly any kid knows what kind of fish Mike Trout is, even fewer know what a Mickey Mantle is used for, and the only people that know what language you say Tris Speaker or Cy Young in, are likely reading this paragraph at this very moment. When we die with our cards, those kids will be adults, and i’m not willing to bet $10,000 on a piece of crap condition Jackie Robinson rookie, that ANY of our youths will give a rat’s behind what a Frojoy Babe Ruth is for….

Baseball cards: you can’t feed it to your family, they won’t keep you dry. They don’t transport you across town. They are not accepted as currency in any Costco or 711. They are poor self defense weapons. They are even worse for amphibious assaults on a food and ammo cache. You can’t use them to build a shelter, or a boat. In the end, if kept dry, are great for starting a small cooking fire.


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