Comments on: Investing in Stamps, Coins, Comic Books, Baseball Cards and more…

By: What are Alternative Investments? | Youthful Investor Blog - Investing for Twenty-Somethings

Wed, 23 Nov 2011 14:40:41 +0000

[...] lot of alternative investments have performed very well. In fact, several articles online point to how the top collectable comic books and the top most [...]

By: Intelligent Speculator | Financial Ramblings

Intelligent Speculator | Financial Ramblings — Sat, 08 Aug 2009 11:02:45 +0000

[...] if you want to become rich? -MTJ publishes a few picks that were done this week -When you want to diversify from stocks and real estate, try stamps and art:) -Zach reviews Blackrock which is enjoying a nice little run -Oh here we go [...]

By: Manulife Dividend Cut and Links

Manulife Dividend Cut and Links — Fri, 07 Aug 2009 01:43:14 +0000

[...] Canadian Capitalist had a neat post on the merits of investing in collectibles such as rare stamps and coins. [...]

By: A Lap Of The Blogs : WhereDoesAllMyMoneyGo.com

A Lap Of The Blogs : WhereDoesAllMyMoneyGo.com — Fri, 07 Aug 2009 01:34:38 +0000

[...] Canadian Capitalist: Investing in Stamps, Coins, Comic Books, Baseball Cards and more… [...]

By: Posts about Baseball Cards as of August 5, 2009 | Baseball Cards

Posts about Baseball Cards as of August 5, 2009 | Baseball Cards — Thu, 06 Aug 2009 01:19:27 +0000

[...] an off-center Barry Bonds rookie sold for over $60 dollars and had 8 different bids through eBay. Investing in Stamps, Coins, Comic Books, Baseball Cards and more… – canadiancapitalist.com 08/05/2009 I find the topic of exotic investments endlessly fascinating [...]

By: guinness416

guinness416 — Wed, 05 Aug 2009 16:54:39 +0000

I sent a few bottles of the Innis and Gunn Canada Day beer (only released over here in Canada, I think, despite it being Scottish beer) back with a family member to Ireland recently to sell and made a fair bit of money. And it was pretty repellant stuff. A note for you guys for next year!

By: Canadian Capitalist

Canadian Capitalist — Wed, 05 Aug 2009 13:59:04 +0000

Okay, so we’ll tally up the costs:

*) Significant commissions to buy and sell.
*) Insurance. Typically 1% of the appraised value per year.
*) Maintenance. You don’t want to put your elbow through a Picasso like this: http://www.newyorker.com/archive/2006/10/23/061023ta_talk_paumgarten

By: Phil S

Phil S — Wed, 05 Aug 2009 13:52:49 +0000

Oh yeah! Don’t forget that if you are a collector of rare whatevers – cars, boats, musical instruments, jewelry, art, coins, comic books… You need to make sure that you INSURE your hard assets!!! Content insurance for your home and make sure you give your insurance agent the appraised value!!! If your collectibles hit some astronomical figure, your insurance may be rather high, but make sure it’s insured!

By: Henry

Henry — Wed, 05 Aug 2009 13:36:29 +0000

Like Phil S said, liquidity is a major concern in exotic investments.

In illiquid investments, there may be a previous transaction suggesting the price of the investment. However, you may find that there is no additional buyer when you want to sell your investment especially at the previous transaction price.

By: Sean

Sean — Wed, 05 Aug 2009 13:16:58 +0000

Beer collection just doesn’t seem practical for two reasons:

1. It doesn’t improve with age, and
2. If you have it, why would you let it sit there and not be drunk?

Then again, apparently there is a market for very, very old wine which is probably not drinkable… so who knows!