Lighter and, for some, much more valuable than gold bars.
For several months in the United States, collectible sports cards have seen their prices soar.
In February, an autographed card featuring legendary Bulls basketball player Michael Jordan was auctioned for $ 1.44 million.
Read also:
At Drouot, Pokémon cards go at a price of gold
In April, it was a LeBron James card that went to $ 5.2 million. Even stronger, last Sunday, a San Francisco-based investment fund announced that a card bearing the image of Golden State Warriors star basketball player Stephen Curry had reached the insane sum of $ 5.9 million! Who says better? Speculation around collectible sports cards is certainly not recent. But the pandemic and the containments are blowing up the market.
“People were at home, they were bored, locked in their homes. They got their childhood memories back and started buying sports cards
,
”
says Jacob Salter, 25, product manager at Bleecker Trading.
This surge of nostalgia had already caused a frenzy around the resale of Pokémon cards. This time it creates a windfall effect for sports cards. Alt, a fund specializing in non-traditional assets, estimates that the market is currently worth more than $ 15 billion. And PWCC, a collectible sports card auction platform, hopes to make $ 500 million in sales this year. Three times more than in 2020 ...
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/KMEYMJKESBAZBE4MRBAM4TGHIQ.jpg)
