Faced with a worldwide pandemic and the upcoming presidential election, American investors are battling a historic case of motion sickness. In March alone, the seesawing Dow Jones had both its best and worst days ever, and the historic market volatility shows no signs of stopping after ballots are cast on November 3, regardless of the outcome. Even gold – generally thought to be a safe bastion for uninitiated investors – has faltered in late 2020 after roughly two decades of steady gains. But for market-weary Americans searching for a safe way to grow their savings, a trusted name has re-emerged and it isn’t JP Morgan or Goldman Sachs. It’s Mickey Mantle. No, the deceased Yankees legend didn’t leave behind any investing tips; but Mantle’s name on a vintage trading card now serves as a better indicator of value than any triple-A rating from Moody’s or Standard & Poor’s. Take his famed 1952 Topps rookie, which has seen its average market value rise to $362,222, according to PWCC Marketplace, a trading card website and auction house. In 1988, a mint-condition Mantle rookie card sold at auction for just $3,300; 30 years later, the price for a mint-condition Mantle rookie jumped to… Read full this story
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JP Morgan, Goldman Sachs ... Mickey Mantle? Sports trading card prices soar during pandemic as restless hobbyists evolve into day traders in a $5BILLION market that may offer better returns than Wall Street have 297 words, post on www.dailymail.co.uk at October 24, 2020. This is cached page on Vietnam Colors. If you want remove this page, please contact us.