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re: What is another sports card grading service?
Posted on 7/12/21 at 8:12 am to Byrdybyrd05
Posted on 7/12/21 at 8:12 am to Byrdybyrd05
quote:
Then you have money people taking their money out of the stock market buying all the expensive cards and memorabilia
What kind of idiot began this lie?
Posted on 7/12/21 at 8:33 am to DiamondDog
quote:
What kind of idiot began this lie?
Sports card collecting is having a historic boom right now and here’s why
quote:
Who’s collecting sports cards right now?
quote:
“Wall Street types” — Like stocks, card values fluctuate over time. Wall Street types see trading cards as tangible stocks. They put in time to research value trends and are always looking to buy low and sell high. Like the quick flippers, Wall Street types are in the hobby for the money, but they deal in larger sums and seem to find enjoyment in the ride.
'There's never been a time like this': Wall Street is piling into trading cards as prices soar
quote:
"It's hard to find someone [in] my generation whose first business wasn't buying baseball cards when they were 10," Luber, who is 42, told CNN Business. "We're all of the age where we have a little bit more money, but we're also in positions of decision-making for investment funds."
The arrival of institutional money has quickly transformed the market. Goldin said for the first time in his career, he's fielding calls from hedge funds interested in gaining exposure.
This post was edited on 7/12/21 at 8:37 am
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