The collectible card market is booming, highlighted by Kevin O’Leary’s $13 million purchase of a rare Kobe Bryant/Michael Jordan card. However, experts caution that cards are more of an expensive hobby than reliable investments. Comparisons are drawn between the card market and the art world; only a few cards appreciate significantly, while most lose value. Investors are advised to focus on iconic cards, especially rookies, but risks remain high, linked to player performance. Collectors are encouraged to engage in the community, use technology for tracking, and be mindful of high transaction fees that impact profitability.
Source link
Disclaimer: We curate articles and share them here. This article was not written by our team.
