Are You Buying Cards or Price Histories? + Finding the Next PMG + When Comps Become Self-Fulfilling
Are you buying the card, or are you buying its price history?
Jeremy, Chris McGill, David Chase, Joe Poirot and Joshua Adams bring their discussion about the next generation of collectors to its conclusion by asking whether newcomers really need to inherit the collecting preferences previous generations created.
Chris remembers a time when sellers couldn't find buyers for a Michael Jordan PMG Red at $10,000. Today, that same card is worth many multiples of that amount.
So why couldn't the next generation of collectors do the same thing?
Instead of spending enormous amounts chasing the cards…
The skinny
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