View full page at forexfactory.com

 

How sports cards became a multi-million dollar alternative investment

From cnbc.com

Sports card collecting is having a moment not seen since the 1970s and 1980s. This year saw sales of sports cards at public auction reach all-time highs. Over ten cards sold for $500,000 or more. Two basketball cards sold for $1.8 million each, a Lebron James rookie card and a Giannis Antetokounmpo rookie card. 2020 also saw a 2009 Mike Trout baseball card sell at auction for a record-breaking $3.84 million. Interest in collecting and values have seen a steady uptick for the last decade with prices really starting to rise at quicker rate somewhere around 2016 or 2017. With the onset of the pandemic at the beginning ... (full story)

Story Stats

  • Posted:
  • Category: Entertainment News