A growing group of primarily young Australians are looking at trading cards as alternative investments, much in the same way as older generations purchase wine or art.
, when they were younger, with some still owning card collections from when they were kids.
And while the start of the calendar year heralded a big fall in equity and cryptocurrency markets, Sharma says his trading card investments have proven surprisingly resilient, serving their purpose as a hedge against the falling value of traditional investments.“There has been a retracement, but it’s definitely not been anywhere near as much as equities and crypto,” he says.
Sharma says his personal ambition is to own a 1999 Pokémon first edition base set, worth about $85,000.However, for newbie investors keen on dipping their toe into the trading card space, there are a number of things to be aware of, including which cards are likely to appreciate in value over time, and which ones won’t.cards have been printed since the game’s inception in 1993, and collectors need to know their differences.
“If a card has a high value only due to its playability, that’s a very short-term spike regarding its pricing. Usually, the cards that hold their value are the ones from special events,” he says.
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