Trading cards seldom come to mind when we talk about investments. While stock markets around the world are being battered by the outbreak of coronavirus and the oil turmoil, the sports card market is skyrocketing. Let’s take a deeper look at how to start investing in sports cards and why they can find a place in your portfolio as an alternative investment.
Strong Market Demand
The market for sports cards is not just thriving, it is on fire. In fact, the recent run-up in card prices was so strong that many drew comparisons to the bitcoin rally a few years back. Many collectors who were in this hobby since the early 90s also lament this is the “junk wax era” all over.
Gary Vaynerchuk, a serial entrepreneur and social media personality, wrote an article to highlight his belief that sports cards value will explode in the coming years. As he...