by Fred Fuld III
Yes, you read that headline right. You can actually buy shares in baseball cards, including a Hank Aaron 1954 Topps PSA 8.5 baseball card.
The shares a qualified by the Securities & Exchange Commission, and are sold through a broker-dealer.
It’s not just baseball cards you can invest in, you can purchase shares in a Tiger Wood Titleist tournament used putter, a Wilt Chamberlain game-worn, autographed high school uniform, and a Babbe Ruth & Lou Gehrig signed baseball.
The shares can be traded just like any other stock, 90 days after the IPO (initial public offering).
These offerings are made available through a company called Collectable.
So if you didn’t have the $100,000 or $1,000,000 for a rare card, at least now you can own a piece of it.