Modern Baseball Card Investor - by Jeff Hwang (Paperback)
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<p/><br></br><p><b> Book Synopsis </b></p></br></br>One of the most impressive manuscripts this industry has ever seen....Dan Hitt, Beckett MediaIn the wake of the great baseball card bubble of the late 1980s and early 1990s - a time period in which new baseball card issues were wildly overproduced - everybody knows that modern baseball cards are worthless, and that valuable cards are strictly a vintage thing. And yet, many of the most valuable cards of the last 40-50 years have been printed in the last five to ten years.How is it possible that a Bowman Chrome Yasiel Puig card issued in the fall of 2013 sold for $18,000 in January 2014, or that a Bowman Chrome Mike Trout card issued in 2009 sold for $16,000 in February 2014? And how is it that two 1993 SP Derek Jeter rookie cards sold for $32,500 each in December 2013, at a time when many other copies of the same card were running in the $100-$150 range?Indeed, the investment profile of the modern baseball card and sports cards in general has improved dramatically over the past 20 years. In The Modern Baseball Card Investor, Jeff Hwang explains why, and shows you how you, too, can get in on the game. Key topics include: - The Value of Scarcity: Relative and absolute scarcity, pricing power, and leverage- The Baseball Prospecting Game: Betting on baseball s next big stars- Value Investing and the Gem Mint Game: A value investor's approach to the game- The Supply Chain and the Value Cycle: Examining the big picture and the other players in the game- Building Gems: Acquiring ungraded cards and building investment-grade assets- Other Sports: Football, basketball, and hockey cards.- And more!If you have ever bought a baseball card, this book is for you<p/><br></br><p><b> Review Quotes </b></p></br></br><br>"One of the most impressive manuscripts this industry has ever seen." -- Dan Hitt "Beckett Media"<br>
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