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Parent Company of PCGS (CLCT) to Sell for $700 Million
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<p>[QUOTE="Long Beard, post: 5219698, member: 108674"]While at the moment sports related trading cards may be seeing a rise, yet comparative to coinage the span between peaks and valleys within the market vary dramatically. What I take away from this is popularity. Like coins, sports cards feature athletes who's popularity lasts only as long as their performance. Very few are the Joe Namath, Mickey Mantle or LeBron James sort remembered beyond their careers. Coins, on the other hand, are a more stable collectible due largely to design and eye appeal which are struck over long periods of time. Finally, while history becomes a part of both,. that of coinage will always be the greater. The Lincoln cent is the longest running series in U.S. coinage history. Since the first one was struck in 1909, this simple denomination has captivated hundreds of millions of people and sparked an interest towards other denominations and series. Could one honestly say the same about sporting cards?[/QUOTE]</p><p><br /></p>
[QUOTE="Long Beard, post: 5219698, member: 108674"]While at the moment sports related trading cards may be seeing a rise, yet comparative to coinage the span between peaks and valleys within the market vary dramatically. What I take away from this is popularity. Like coins, sports cards feature athletes who's popularity lasts only as long as their performance. Very few are the Joe Namath, Mickey Mantle or LeBron James sort remembered beyond their careers. Coins, on the other hand, are a more stable collectible due largely to design and eye appeal which are struck over long periods of time. Finally, while history becomes a part of both,. that of coinage will always be the greater. The Lincoln cent is the longest running series in U.S. coinage history. Since the first one was struck in 1909, this simple denomination has captivated hundreds of millions of people and sparked an interest towards other denominations and series. Could one honestly say the same about sporting cards?[/QUOTE]
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Parent Company of PCGS (CLCT) to Sell for $700 Million
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