Buying a fraction of the art at a fraction of the cost
How about buying a share in Magic: The Gathering cards, vintage sneakers, and comic books
New York — Jonathan Sharpe, a 25 year-old accountant in Greensboro, NC, never thought of himself as a “baseball guy”, but when he saw a 1909 Honus Wagner T206 baseball card valued at $520,000, he decided to buy it.
Not all of it, though. The card was being issued through the fractional ownership collectibles site Rally Rd — there were 10,000 shares valued at $52 apiece. “I thought it was a good idea,” Sharpe says. “They broke it down into enough shares that it was affordable.” He had the Rally Rd app open when the card listed and bought a single share; less than 20 minutes later, every single share had sold. “It was insane,” he says...
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