Out of Touch

[Rhotchkiss]

Originally Posted by UKCardGuy

The OP is trying to trade into market inefficiencies. That's called arbitrage. With lot of market participants and an efficient market, arbitrage opportunities are few and far between.

Agreed. This is exactly why I started collecting tickets and feel there is real upside in most other card-adjacent items, like photos, game-used, unopened, autos, etc. Those markets are much more fragmented- they are less understood and there is less information (price guides, grading data, etc), which leads to fewer participants. However, as cards continue their run, people priced out or looking for other opportunities will start buying the closest alternatives, which I think are tickets and photos. And, as more people buy those alternatives, more information is collected, collated, and distributed, and the more reliable that market becomes, thus attracting more participants, including “investors”, and it continues to build from there.

The upside is in the card-adjacencies. And, frankly, they are cooler than cards in many ways.

“People will come Ray. People will most definitely come”. Terrance Mann

[Swadewade51]

Originally Posted by Rhotchkiss

Agreed. This is exactly why I started collecting tickets and feel there is real upside in most other card-adjacent items, like photos, game-used, unopened, autos, etc.

We've seen you posting some huge tickets recently, are you going to dip your toes into photos and other adjacencies as well?

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[Rhotchkiss]

Originally Posted by Swadewade51

We've seen you posting some huge tickets recently, are you going to dip your toes into photos and other adjacencies as well?

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Yes, I already have (sort of). I have gone after a few major type 1 photos (a rare Einstein tongue out and Mays the Catch), but did not win either. I almost went after the Babe Bows out in the last Goldin auction, but I decided to hold off. I look at the/consider photos often, but to date I have only gone for major things that have very special provenance. That may change soon. My only game used is the Demaryius Thomas jersey he wore when he caught Peyton Manning's record setting 61st TD pass. I look often at awards and stuff but have never pulled the trigger.

I have also started looking outside of sports at things like entertainment and historical memorabilia and items. Lots of stiff out there to collect/invest in.