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#1
01-08-2022, 12:55 PM
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Cards Hedge to Inflation
Quote:
I am not so sure about inflation when it comes to expensive cards. Is there inflation on a 1914 CJ Jackson in a 5 holder? Or is it more a collectibles increased value? And I don't know about others but if I pay 4 or 5 figures for a piece of paper I am not thinking about inflation. That all said, sure, I guess cards can be a hedge to inflation. I prefer to think of them as increased or decreased value. I love collecting but I treat them as a cost basis, liquid asset. Inflation bit this one hard as it sold for a lot less a half year earlier. .
__________________
Leon Luckey www.luckeycards.com 
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#2
01-08-2022, 01:10 PM
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Yes I think cards are being used to hedge inflation.
I am easily one of the least educated/experienced persons on this forum, but it doesn't take a genius to see the American Dollar is becoming more and more worthless. Currency is changing, as crypto becomes more and more legitimate. Government is printing money at will, and the basic economic principles aren't there for a healthy economy. The number of "financial gurus" and big time investors coming into the hobby are not by coinkydink. I do believe there is an element of manipulation at play when it comes to modern at the very least, but I think most vintage and especially pre-war are pretty safe places to park money; tangible assets with a huge interest base and limited supply that will only increase in the tiniest of amounts, if at all.
__________________
Just a dad trying to figure out how to build a collection his kids will take interest in. Interests: HoF, Grover Hartley, Cleveland, Jim Thome, Jose Ramirez, Akron Zips, Historically Significant Figures Cooperstown Project Progress: 194/351 - 55.27% Follow along and see what I need here. YouTube Channel: Collecting America's Pastime
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