OT:Auction sales hit record $15 billion as young, wealthy collectors enter the market

[Fred]

I have a difficult time looking at my cardboard as an asset class. If it gets uber-stupid, I'll be cashing out and finding something else to do for a hobby.

For now, I guess the trick will be to figure out what's going to sky rocket next and try to stay ahead of the curve. Any guesses on what's next?

When you see the BST offering one Bitcoin for a VG '33 Goudey Ruth, we'll know N54 has been infiltrated...

[cardsagain74]

Originally Posted by Fred

I have a difficult time looking at my cardboard as an asset class.

This sometimes heard "it's just cardboard, so it's silly that it's an asset" outlook never considers the basics of why some intangible goods can be worth so much.

People obviously enjoy looking at (and owning) those goods enough to drive prices up. Art, sportscards, comic books, and many other examples. They elicit positive feelings of nostalgia, escapism, learning about history, and so much else.

A lot more to it than it just being "cardboard" or "silly cartoon drawings"

[Schlesinj]

Originally Posted by cardsagain74

This sometimes heard "it's just cardboard, so it's silly that it's an asset" outlook never considers the basics of why some intangible goods can be worth so much.

People obviously enjoy looking at (and owning) those goods enough to drive prices up. Art, sportscards, comic books, and many other examples. They elicit positive feelings of nostalgia, escapism, learning about history, and so much else.

A lot more to it than it just being "cardboard" or "silly cartoon drawings"

I am pretty certain we all use paper to pay for things.