LogFAQs > #975385323

argonautweakend posted...

In my estimation they have not. They are still hugely collectible, with The National card convention attracting thousands of visitors every year. Of course, not everything that was speculated on became worth more than a few bucks, but that goes for any collectible. And there are a lot of numbered stuff that even has no value, like something out of 50...they make stuff collectible like this so much now it does water it down some.

But if you open a box of Topps Triple Threads and get a 16 signature booklet, which you could sell for a few thousand minimum, you have struck gold.

This is describing sports cards as investments. Sports (and other kinds of) cards have not come anywhere remotely close to failing as collectibles and are more collectible than they've ever been.

As investments its more difficult to describe since more people are doing it but the number of cards that hold significant long-term value has probably either not changed or declined. People are willing to drop like $30,000 on a 1/1 Luis Robert rookie card but who knows if anyone will give a shit about it even 10 years from now so it doesn't really make any sense as a real investment tool. As a job/gambling effort the market has never been better.