Trading Cards Emerge as a Lucrative Asset Class for Investors
Key Points:
* Trading card market has witnessed significant growth, with over 20 million cards graded in 2024.
* Authenticators like Professional Sports Authenticator (PSA) play a crucial role in verifying card rarity and condition.
* PSA protects and preserves cards, enhancing their liquidity for investors.
* Companies offer storage and selling services to facilitate easy transaction and market timing.
* Rookie player cards, particularly in the NBA, hold potential for speculation and profit.
Overview:
Investors are increasingly adding trading cards to their diversified portfolios. The market has surged in popularity, with over 20 million cards graded in 2024 alone. Authenticators like PSA use advanced technology and human expertise to determine the value of individual cards.
PSA's services include authentication, grading, and storage, providing investors with confidence and liquidity. Cards with higher grades are typically rarer and more valuable, making them more desirable on online marketplaces like eBay.
The trading card market has evolved with the introduction of buying and selling services. Investors can now store their cards securely with companies like PSA or sell them swiftly as prices rise.
For novice investors, rookie player cards, particularly in the NBA, offer potential for speculative gains. With Fanatics acquiring the trading card license, investors are anticipating the emergence of promising players.
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