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Old 09-08-2020, 11:52 AM   #1
jbscott56
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Default Fractional Ownership

Hey all - I've seen posts about this before but wanted to restart the conversation. I saw Collectable is a company listing expensive cards / memorabilia and allowing collectors to buy fractional shares. Is this something you as a collector would be interested in? Why or why not? What would a company like this need to offer (features, secondary market trading, proper certifications, etc.) for you to invest? [Strictly evaluating it from our perspective, not the viability of this company being successful]

Hope this sparks an interesting conversation.
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Old 09-08-2020, 11:55 AM   #2
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Quote:
Originally Posted by jbscott56 View Post
Hey all - I've seen posts about this before but wanted to restart the conversation. I saw Collectable is a company listing expensive cards / memorabilia and allowing collectors to buy fractional shares. Is this something you as a collector would be interested in? Why or why not? What would a company like this need to offer (features, secondary market trading, proper certifications, etc.) for you to invest? [Strictly evaluating it from our perspective, not the viability of this company being successful]

Hope this sparks an interesting conversation.
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Old 09-08-2020, 12:00 PM   #3
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Hate the idea of it. You’d have to pay me to have a fractional share of a card.


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Old 09-08-2020, 12:02 PM   #4
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Rally Road does it; its usually profitable just ties your $$ up for like a year
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Old 09-08-2020, 12:20 PM   #5
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As a seller absolutely! As a buyer absolutely not!
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Old 09-08-2020, 12:26 PM   #6
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I'll pass
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Old 09-08-2020, 01:07 PM   #7
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Why not take it to the next level, securitize it and sell fractions of baskets of cards to norwegian pension funds. They can't all lose money at the same time.....right?
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Old 09-08-2020, 01:10 PM   #8
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Or better yet, create a fund pegged to the value of a basket of cards. No need to even hold the underlying asset.
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Old 09-08-2020, 01:55 PM   #9
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Stupid.
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Old 09-08-2020, 02:08 PM   #10
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You could sign up for fractional dating too and cut down on your dinner & a movie expenses that way. You might have to bid higher for Saturday nights though, sorry.
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Old 09-08-2020, 02:20 PM   #11
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If I want to buy fractional shares, I’ll buy a mutual fund.

If I want to buy baseball cards, I’ll buy baseball cards.
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Old 09-08-2020, 02:33 PM   #12
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If I want to buy fractional shares, I’ll buy a mutual fund.

If I want to buy baseball cards, I’ll buy baseball cards.
but what if it is a mutual fund OF baseball cards?????
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Old 09-08-2020, 02:35 PM   #13
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but what if it is a mutual fund OF baseball cards?????
but you see a mutual fund owns shares, the true end game here is index funds, no need to own the cards themselves. You just need enough sales data to make it work.
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Old 09-08-2020, 02:37 PM   #14
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Absolutely. It makes a lot of sense for selling and buying.

If i can buy say $500 share into a mike trout bowman chrome auto that will double each year... I can see it working with smaller amounts invested in bigger cards.

Better than buying a random $500 card hoping it doubles. Its more of a sure things, with certain cards like the Trout. I could see a lot of people interested in buying shares of the right card
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Old 09-08-2020, 02:37 PM   #15
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Quote:
Originally Posted by JRX View Post
but you see a mutual fund owns shares, the true end game here is index funds, no need to own the cards themselves. You just need enough sales data to make it work.
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Old 09-08-2020, 02:37 PM   #16
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Very rarely do threads go exactly the way I thought & hoped they would.

This is one of the exceptions.
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Old 09-08-2020, 02:39 PM   #17
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Obviously this isn't new... It's been done before (or attempted)

If and/or when a legitimate option presents itself I'll absolutely be interested.

Will this be the one? No idea.
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Old 09-08-2020, 02:42 PM   #18
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If someone made the card equivalent of Mortgage Backed Securities, card prices would skyrocket and eventually collapse in spectacular fashion.
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Old 09-08-2020, 02:47 PM   #19
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Let's say you give me $1000 to invest in an index tied to Trout prices, the value of his cards say goes up 5% so you would have 1050. In theory, I would have bought the cards, but we all know that's not how finance actually works. Instead, I invest it elsewhere and start a ponzi scheme to pay out redemptions, but you're not going to do that because you see your account going up. That's what the Wilpons thought with their Maddoff money.
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Old 09-08-2020, 04:15 PM   #20
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Hate the idea. It’s still a collectible. It’s not a stock... to me

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Old 09-08-2020, 04:17 PM   #21
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what is one good reason to do this?
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Old 09-08-2020, 04:22 PM   #22
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case break -> box break -> pack break -> card break

I will take the lower left corner btw.
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Old 09-08-2020, 04:24 PM   #23
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what is one good reason to do this?
Money. Its the same idea as "I don't want to invest in one mortgage, but I'll invest in a basket of mortgages" and we all know how that ended.
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Old 09-08-2020, 04:28 PM   #24
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Hey everyone...cant seem to find the “BST” for Bridges and Skyscrapers for sale. Can I just post pics here?...thanks!
Goods & Service is fine I can send hand written certificate of ownership.

FS/Trade $5,000,000 OBO



FS/Trade $4,000,000 OBO

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Old 09-08-2020, 04:32 PM   #25
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Quote:
Originally Posted by ucLAkers View Post
Hey everyone...cant seem to find the “BST” for Bridges and Skyscrapers for sale. Can I just post pics here?...thanks!
Goods & Service is fine I can send hand written certificate of ownership.

FS/Trade $5,000,000 OBO



FS/Trade $4,000,000 OBO

The building looks fine but the trees look trimmed, I will pass.
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