INVEST IN TRADING CARDS
cards, Nike Air Max 1 and Air Jordan 4 sneakers, and KAWS figurines – have outperformed the US S&P 500 share index over the past 18 months.
Trading in Pokemon trading cards was up 59,900 per cent year-on-year in July, while Panini basketball, baseball and football cards are up 1580 per cent on the same time a year ago.
“I remember being a kid in the ‘90s, trading cards were a widespread hobby, and that obviously died down. But now it’s seeing a real resurgence,” Mr Einhorn said.
Celebrities such as Justin Bieber and Mark Wahlberg have entered the trading card fray and are helping fuel its popularity among young people, Mr Einhorn said, as well as an overall broader push towards alternative asset classes.
Gold Coast pair Blake Johnson and Ben Toa have set up a trading card shop Rip N’ Collect, and they say the popularity of trading cards is back in full swing with a huge boom happening during the pandemic.
“People are wanting a new, fun way to invest and have seen the opportunity in trading cards due to the increase in a lot of prices over the past three years,” Mr Johnson said.