The Billion Dollar Hobby: Sports Cards as Speculative Assets The recent sale of a 1 of 1 Shohei Ohtani Dual Gold Logoman autographed card for over $10 million has sparked widespread attention in the world of sports collectibles.
This price tag is not an isolated incident, but rather the latest manifestation of a larger trend: the transformation of sports cards into speculative assets.
To understand this development, it's essential to examine the structural changes that have enabled this phenomenon.