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Economy and Business


Are sports trading cards still a good investment in a tough economy?

by WKSU's AMANDA RABINOWITZ


Reporter
Amanda Rabinowitz
 
Interest rates and housing prices are down, and "sure-fire" investments are hard to come by. So some are taking what extra money they have and investing in trading cards. Professional card dealers and autograph hunters say business is good, though changing. Sure, a baseball card of baseball great Honus Wagner sold for $1.6 million this summer. But traders say football cards are the hot ticket today, and we're entering their busy season.
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Listener Comments:

Sadly, given the expense involved, collecting cards is now almost exclusively the domain of adults -- with few exceptions, most kids would rather play video games.

As older adult collectors die off, I fear that young people won't be there to replace us. I see the hobby slowly dying off.


Posted by: Fred Goodwin (San Antonio, TX) on September 4, 2008 1:55PM
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