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#1 |
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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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Always looking for Mike Giancarlo Stanton and Mike Trout |
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#2 | |
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collecting James Madison University players of all sports JMU cards: https://www.flickr.com/photos/jmucards/ other cards: https://www.flickr.com/photos/glen87/albums |
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#3 |
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Hate the idea of it. You’d have to pay me to have a fractional share of a card.
Sent from my iPhone using Tapatalk |
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#4 |
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Join Date: Aug 2015
Location: N/A
Posts: 10,534
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Rally Road does it; its usually profitable just ties your $$ up for like a year
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#6 |
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Join Date: Aug 2019
Location: Michigan
Posts: 967
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I'll pass
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#7 |
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Join Date: May 2020
Location: Charlotte, NC
Posts: 15,280
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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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#8 |
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Join Date: May 2020
Location: Charlotte, NC
Posts: 15,280
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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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#9 |
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Join Date: Jun 2009
Posts: 7,318
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Stupid.
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“ I am very good at calculating stuff. 160+60=210 “
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#10 |
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Join Date: Jul 2013
Location: NW Michigan
Posts: 9,330
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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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#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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#12 |
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but what if it is a mutual fund OF baseball cards?????
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collecting James Madison University players of all sports JMU cards: https://www.flickr.com/photos/jmucards/ other cards: https://www.flickr.com/photos/glen87/albums |
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#13 |
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Join Date: May 2020
Location: Charlotte, NC
Posts: 15,280
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#14 |
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Join Date: Aug 2013
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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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#15 | |
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collecting James Madison University players of all sports JMU cards: https://www.flickr.com/photos/jmucards/ other cards: https://www.flickr.com/photos/glen87/albums |
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#16 |
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Join Date: Dec 2011
Location: ATX
Posts: 3,780
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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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#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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https://ohiosundevils.smugmug.com/ Browns/Cavs/Tribe/Buckeyes/Jackets/Devils TheFrenzy - “Blowout ain't a place for normies” |
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#18 |
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Join Date: May 2020
Location: Charlotte, NC
Posts: 15,280
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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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#19 |
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Join Date: May 2020
Location: Charlotte, NC
Posts: 15,280
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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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#20 |
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Hate the idea. It’s still a collectible. It’s not a stock... to me
Lefty |
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#21 |
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Join Date: Mar 2013
Posts: 17,112
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what is one good reason to do this?
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Current PC: Mike Trout Prior PC: David Fletcher & Jered Weaver https://www.flickr.com/photos/speedyjg13/albums |
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#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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#23 |
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Join Date: May 2020
Location: Charlotte, NC
Posts: 15,280
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#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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#25 |
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The building looks fine but the trees look trimmed, I will pass.
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