I don't think postcards are that much different than other inves-tibles like Art, Guitars, Classic Cars, and other similar items. They are a bit different than coins & stamps though - since coins and (unused) stamps will always have at least face-value. Like other collectibles you need to know what you're doing if you are buying strictly as an investment - but is this really that different than stocks, bonds and commodities? Collectibles follow the same kinds of ups & downs as other markets, and there are similar risks - but at least postcards can provide some enjoyment as well as asthetic and historical value.
Saturday, July 25, 2009
There are lots of people looking for alternative investments these days. There's a fine line between investing and collecting sometimes, but at least if you buy something you love you get some enjoyment out of it - even if it doesn't appreciate in value much. Richard Morrison of Canada's Financial Post recently called and asked about "Investing in Postcards". The article mentions a few specific cards & topics that always are in high demand, and seems to draw the conclusion that postcards are best left for collectors, not serious investors.