The picture behind a trading card may be valued higher than the price of a gold. The rule of trading cards is quickly explained according to the description of the companies, which specializes in paper: In contrast to playing cards, trading cards are made up of many different, mostly hundreds of cards. Some cards have a higher rarity value than others, which ultimately also has a notably impact on the market value of an individual card. The cards usually come from ready-made game units, the starters and so-called boosters.
Millions In Baseball Trading Cards
According to the news, the record for the most expensive trading card of all time was only broken at the beginning of this year. A 1952 baseball card was sold to American entrepreneur Rob Gough for 5.2 million dollars. The previous owner bought the card for 2.8 million dollars and was able to make a considerable profit in percentage terms. The previous record was set by a baseball card in 2020 that changed hands for just under 4 million. According to the report, several baseball cards for up to three million dollars went over the (mostly virtual) sales counter in the last year alone. The boom is not completely new, because sales prices have been increasing steadily for several years, but the pandemic has given an unexpected boost again.
The previous record was also achieved with a baseball card in 2020. The rookie card from the first season of the still active Mike Trout changed hands for almost 4 millions. Trading in cards has once again been raised to a new price level by the pandemic, as analyzed by the media. On the one hand, people stuck at home rediscovered an old hobby, on the other hand, investors found new investment properties. Entrepreneur Rob Gough stands for both, he says. He had dreamed of owning this card since he was a child. As an actor and entrepreneur, he now had the financial means to do so. He did not reveal whether he would keep the card or sell it later as an investment property. A look at his history shows that he has a talent for profitable investments. Gough has already joined a number of companies that he has been able to sell for more money.
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