Fractional Ownership

[jbscott56]

Hey all - I've seen posts about this before but wanted to restart the conversation. I saw Collectable is a company listing expensive cards / memorabilia and allowing collectors to buy fractional shares. Is this something you as a collector would be interested in? Why or why not? What would a company like this need to offer (features, secondary market trading, proper certifications, etc.) for you to invest? [Strictly evaluating it from our perspective, not the viability of this company being successful]

Hope this sparks an interesting conversation.

[glen87]

Originally Posted by jbscott56

Hey all - I've seen posts about this before but wanted to restart the conversation. I saw Collectable is a company listing expensive cards / memorabilia and allowing collectors to buy fractional shares. Is this something you as a collector would be interested in? Why or why not? What would a company like this need to offer (features, secondary market trading, proper certifications, etc.) for you to invest? [Strictly evaluating it from our perspective, not the viability of this company being successful]

Hope this sparks an interesting conversation.

[chiefsncards275]

Hate the idea of it. You’d have to pay me to have a fractional share of a card.


Sent from my iPhone using Tapatalk

[smanzari]

Rally Road does it; its usually profitable just ties your $$ up for like a year

[Vinny1984]

As a seller absolutely! As a buyer absolutely not!

[RL 1953]

I'll pass

[JRX]

Why not take it to the next level, securitize it and sell fractions of baskets of cards to norwegian pension funds. They can't all lose money at the same time.....right?

[JRX]

Or better yet, create a fund pegged to the value of a basket of cards. No need to even hold the underlying asset.

[tonedef2oo8]

Stupid.

[base set]

You could sign up for fractional dating too and cut down on your dinner & a movie expenses that way. You might have to bid higher for Saturday nights though, sorry.

[Chrisyork33]

If I want to buy fractional shares, I’ll buy a mutual fund.

If I want to buy baseball cards, I’ll buy baseball cards.

[glen87]

Originally Posted by Chrisyork33

If I want to buy fractional shares, I’ll buy a mutual fund.

If I want to buy baseball cards, I’ll buy baseball cards.

but what if it is a mutual fund OF baseball cards?????

[JRX]

Originally Posted by glen87

but what if it is a mutual fund OF baseball cards?????

but you see a mutual fund owns shares, the true end game here is index funds, no need to own the cards themselves. You just need enough sales data to make it work.

[cardsharkk]

Absolutely. It makes a lot of sense for selling and buying.

If i can buy say $500 share into a mike trout bowman chrome auto that will double each year... I can see it working with smaller amounts invested in bigger cards.

Better than buying a random $500 card hoping it doubles. Its more of a sure things, with certain cards like the Trout. I could see a lot of people interested in buying shares of the right card

[glen87]

Originally Posted by JRX

but you see a mutual fund owns shares, the true end game here is index funds, no need to own the cards themselves. You just need enough sales data to make it work.

[BabaORiley]

Very rarely do threads go exactly the way I thought & hoped they would.

This is one of the exceptions.

[asujbl]

Obviously this isn't new... It's been done before (or attempted)

If and/or when a legitimate option presents itself I'll absolutely be interested.

Will this be the one? No idea.

[JRX]

If someone made the card equivalent of Mortgage Backed Securities, card prices would skyrocket and eventually collapse in spectacular fashion.

[JRX]

Originally Posted by glen87

Let's say you give me $1000 to invest in an index tied to Trout prices, the value of his cards say goes up 5% so you would have 1050. In theory, I would have bought the cards, but we all know that's not how finance actually works. Instead, I invest it elsewhere and start a ponzi scheme to pay out redemptions, but you're not going to do that because you see your account going up. That's what the Wilpons thought with their Maddoff money.

[Alwayslefty]

Hate the idea. It’s still a collectible. It’s not a stock... to me

Lefty

[speedyjg13]

what is one good reason to do this?

[Chicharito]

case break -> box break -> pack break -> card break

I will take the lower left corner btw.

[JRX]

Originally Posted by speedyjg13

what is one good reason to do this?

Money. Its the same idea as "I don't want to invest in one mortgage, but I'll invest in a basket of mortgages" and we all know how that ended.

[ucLAkers]

Hey everyone...cant seem to find the “BST” for Bridges and Skyscrapers for sale. Can I just post pics here?...thanks!
Goods & Service is fine I can send hand written certificate of ownership.

FS/Trade $5,000,000 OBO



FS/Trade $4,000,000 OBO

[Chicharito]

Originally Posted by ucLAkers

Hey everyone...cant seem to find the “BST” for Bridges and Skyscrapers for sale. Can I just post pics here?...thanks!
Goods & Service is fine I can send hand written certificate of ownership.

FS/Trade $5,000,000 OBO



FS/Trade $4,000,000 OBO

The building looks fine but the trees look trimmed, I will pass.