In the News
Bargains Galore In New Mickey Mantle Hoard From 'Obsessive' Collector, Daughter Says
From 1977 until his passing last October, Ed Kubina, a fourth grade teacher in Newburgh, NY, devoted his life to his family, his job, and collecting autographs and baseball cards. The focus of his collection: his boyhood idol, Mickey Mantle.
“Over the years we went to every card show Mickey signed at in the Northeast,” Kubina’s 51-year-old daughter, Deirdre Leary, told me from Newburgh. “These were our family vacations, which my dad always turned into adventures. He went to well over 100 shows through the years in his quest for the signatures of players like Mickey, Ted Williams, and Joe DiMaggio.”
Kubina was relentless. “At one point he had over Mantle 700 autographs,” Leary, a 51-year-old physical therapist, recalls. “My father ran out of things to have Mickey sign." She accompanied him to 10 Mantle shows.More
Trading Cards Continue To Trounce The S&P 500 As Alternative Investments
If a decade ago you had put your money in vintage and modern trading cards instead of the stock market, your payoff would be more than twice as big.
As of December 31, 2018, the PWCC Top 500 Index yielded a 10-year return on investment (ROI) of 165% compared to 71% for the S&P 500 (adjusted for stock splits and other corporate actions) since December 31, 2007.
The survey was just released by PWCC, the largest seller of investment-grade trading cards ($60 million in annual revenue). Results are generated using an index the company created in early 2018 based primarily on the sale prices of the 500 and 100 most valuable trading cards.More
What 2019 Holds For The World's Most Popular Baseball Card: 1952 Topps Mickey Mantle
PSA (Professional Sports Authenticator), the top grading company, just released its annual report highlighting the top 10 most valuable PSA-certified sports collectibles sold in the previous year’s auctions. Not surprisingly, in 2018 four were Mickey Mantle’s 1952 Topps, now regarded as the most popular card, surpassing the 1909-1911 T206 tobacco Honus Wagner card ($3.12 million).
“In terms of price, the ’52 Mantle will indeed hold the top slot in our marketplace,” says Brent Huigens the CEO of PWCC, the largest seller of investment-grade trading cards ($60 million in annual revenue). “No other card has as much stature.”More
Lock them up: Tigard company building $4 million vault for your high-value trading cards
It’s designed to be among the most secure places in Oregon, a concrete and welded metal vault secured with 6,000-pound doors. It’s a bunker built to withstand attack with cutting torches, electric tools – even dynamite.
The fortifications aren’t for diamonds, or bearer bonds, or big bags of cash. The $4 million structure under construction in Tigard is for Mickey Mantle, Kareem Abdul-Jabbar and Bronko Nagurski.
An Oregon company called PWCC Marketplace hopes to make the vault the centerpiece of its efforts to transform sports cards from childhood hobby to a viable investment option akin to fine art, stamps and coin collecting.More
How To Obtain Free Expert Sports Card Investment & Collecting Advice, From $70 to $80K
Whether you collect for fun or for profit, big time or small time, it can pay to consult a pro before spending your hard-earned money.
For the high-rollers, PWCC has launched a new investment advising program. The largest trading card auction house is best known for having sold $60 million of investment-grade trading cards on eBay.
Earlier this year, the Oregon-based powerhouse also made news by crunching sales data to show that over the past 10 years trading cards have outperformed the S&P 500 by more than 200% (even at the stock market’s peak) as I previously reported.More
Record-Breaking 312K Babe Ruth Card Gains Twice As Much As Dow Since 2006
With Mantle-mania raging since the sale of mint 1952 Topps baseball card in April for $2.88 million and the display of a gem mint example worth $10 million at a Denver museum last month, the recent record-breaking auction of a mint 1933 Goudey Babe Ruth flew beneath the radar.
The $312,000 sale in Goldin Auctions is big news because it reaffirms the tremendous rate of return for high-end popular baseball cards as an alternative investment. What makes this transaction particularly illuminating is that it marked the first time that an iconic #181 Ruth PSA 9 (on a scale of one to 10) has changed hands since 2006. As a result, it shows the exact upward trend over a long period. In addition, it is the exact same card, so there's no debate about subtle variations between two mint specimens.
In the past 12 years, this mint Ruth has soared 423% from $73,624 to $312,000; doubling the gains of the Dow Jones, which has jumped from 12,002 to 25,187, or 210% (as of yesterday's close).More
Trading cards as investment? Company is banking on it
CLEVELAND, Ohio - While people perused signed baseballs, thumbed through boxes of old cards to complete sets, and stood on line for autographs at the National Sports Collectors Convention, Brent Huigens holed up in his curtained booth near the east end of the I-X Center.
Huigens isn't hunched over, selling cards or photos. And he isn't displaying game-used jerseys or helmets.
He is selling the future.
He founded and runs PWCC, a Tigard, Oregon-based auction house for trading cards - a commodity he sees as a real asset class that holds a serious future for collectors.More
From Hobby to Investment
Posted August 1, 2018 by
Financial History Magazine
The History and Rise of Trading Cards as a Tradable Asset Class
By now it’s a familiar story. In many industries, the Internet has become a democratizing force that has lowered costs, increased transparency and transferred more power to individuals—and investment is no exception. Data and research tools that were once available exclusively to brokers are now accessible online to anyone, while online brokerages, robo-advisors and equity crowdfunding platforms provide further opportunity for individuals to take control of their portfolios, continuing and extending the trend that began in earnest with the shift from traditional pensions to self-directed plans such as 401(k)s.More
Modern trading cards 'are far outperforming vintage cards,' PWCC Marketplace CEO says
If you are a baseball fan who grew up in the 1980s, you might have had a collection of Ken Griffey Jr., Jose Canseco, Darryl Strawberry and Don Mattingly rookie cards that outnumbered several major-league rosters.
Those trading cards were part of what Brent Huigens, the CEO of PWCC Marketplace, describes as a "long, dead era" — one that began in the early 1980s and lasted well into the 1990s.
"A lot of people got burned," Huigens, whose Oregon company hosts trading card auctions and compiles a performance index that is modeled after the S&P 500. "Trading cards emerged as more than just a collector's item, and people started buying up warehouses of cards. The production quality wasn't great, the product values were way too high and the market was flooded. There was a real fallout from the perception that all cards are valuable. There are probably 100 cards that are investment caliber from all sports for that time period."More
PWCC Announces New Research Tool Available to the Public
PWCC Marketplace, the largest auctioneer of investment-caliber trading cards, just announced the launch of a new research tool that will give investors access to 15 years’ worth of trading cards sales data. Titled Market Price Research, PWCC, in partnership with eBay is leveraging over 250 million data points to showcase dates, prices, and card types, which will provide the basis of the new tool and is part of PWCC’s suite of Investor services, available for free to the general public.
This newly extended library of data will arm buyers who are looking to make investments in trading cards with the statistics and analysis needed to make informed purchases, while also providing predictive data on the card's future value. The data leverages historical trends of all cards that were sold on eBay's platform for the past 15 years.More
Sell on the Auction Marketplace
PWCC manages the largest trading card auction venue in the world, comprising 12 annual auction events which start every month of the year. Each event consistently features some of the finest trading cards in the world in an easily-surveyed format that reaches both hobby and investment minded clients alike.