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Collectible Cards as Investment Instruments - Merqary Magazine

Collectible Cards as Investment Instruments

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The Daily Mail published this really fascinating piece. It’s called JP Morgan, Goldman Sachs … Mickey Mantle? Sports trading card prices soar during pandemic as restless hobbyists evolve into day traders in a $5BILLION market that may offer better returns than Wall Street.

In it, Alex Raskins shares some interesting perspectives on the recent rise in popularity of collectible sports cards. This one’s particularly thought provoking:

One primary reason is that investors typically have an emotional attachment to vintage cards, many of which are heirlooms. And that sentimentality can make card owners less likely to sell than, say, a Tesla stockholder during an economic downturn.

To learn more, take a look at the rest of the article. Just click on this link to the Daily Mail to gain access.