Tariffs are driving investors to Pokémon and Mickey Mantle — these aren’t your grandfather’s trading cards

Importance Score: 65 / 100 🔴

Wall Street has historically dictated what qualifies as a “real” investment, favoring assets like stocks and real estate. However, the perception of trading cards as investments is changing rapidly. As tariffs increase the cost of imports, consumers are increasingly turning to domestic assets. Resale markets and collectibles, including trading cards, are experiencing increased demand as investors explore alternatives beyond traditional stocks and bonds.

The Rise of Collectibles as a Legitimate Asset Class

Collectibles have emerged as a legitimate asset class, constituting a global industry worth over $600 billion. Trading cards alone are valued at more than $15 billion as of 2024.

These items are no longer merely nostalgic; they are now financial instruments with enduring value.

Cards have recently sold for eye-popping amounts: a Jac Caglianone 2024 Bowman Draft Chrome Prospect Autograph Red Refractor, a Shohei Ohtani 2018 Topps Heritage Real One Autograph Red Ink and a Pikachu 2015 Pokemon XY Promo Japanese Art Academy Mame Akimaru. New York Post

Characteristics of Trading Cards as Investments

Trading cards share key attributes with assets that banks already acknowledge as legitimate investments:

  • Verifiable and Limited Edition: Long before blockchain, cards offered verifiable scarcity with authentication.
  • Passionate Collector Base: Strong communities support the ongoing value and demand for these cards.
  • Resilience: Trading cards have proven their durability through recessions, inflation, market downturns, and the current tariff-driven economy.
Cowriter Alexis Ohanian (right) and his wife, Serena Williams, walk one of many red carpets in New York City. Dave Allocca/Starpix

Data-Driven Growth in the Trading Card Market

Millions of transactions across graded trading cards marketplaces reveal a vibrant and expanding market. Data shows significant growth in both transaction volume and value.

Key Market Trends

  • Transaction Growth: Graded trading card transactions grew by 17.8% from 2023 to 2024 and 68.7% from 2021 to 2024.
  • Value Increase: Total transaction value increased by 10.35% year-over-year from 2023 to 2024, showing increased buyer confidence.
  • Accessibility: The sub-$1,000 category saw nearly 18% growth in both transaction count and value, indicating accessibility for a broad range of investors.
Alexis’ collection of Serena cards photographed on their tennis court. Russell Roe

Pokémon Cards: A Surging Asset

Pokémon cards are experiencing substantial growth. Overall value has increased by approximately 20% in recent months, with individual cards seeing price jumps of up to 150%.

This trend highlights the expanding acknowledgment of trading cards as viable alternative assets.

From Collecting to Investing: A Personal Perspective

Many collectors transition naturally from casual collecting to strategic investing as they recognize the financial potential of trading cards.

Cowriter Leore Avidar’s collection of cards brings him joy — and real money. Courtesy of Alt

Strategic Acquisition and Growth

Strategic moves, like identifying undervalued assets on platforms such as eBay, can lead to substantial returns. One example is a $15,000 investment in Kobe Bryant cards that grew to $15 million through data-driven strategies, illustrating the profitability in collectible card investing.

Accessibility and the Future of Collectibles

Trading cards offer diverse entry points for investors at almost any price level, providing liquidity and opportunities for growth.

Investment-Grade Cards as Alternatives

While high-value cards like Mickey Mantle and Pokémon Illustrator cards grab headlines, investment-grade cards in the $1,000 to $10,000 range offer more attainable investment options than commercial property or fine art.

As traditional goods become more expensive, collectibles, readily available domestically, offer a unique advantage. Resale markets are thriving as buyers seek quality domestic assets unaffected by international supply chain issues.

Trading cards offer an appealing solution for those seeking alternatives to traditional markets because of their established history, institutional infrastructure, and proven resilience.

Why Trading Cards Are the Original NFTs

When considering digital collectibles, remember that the original NFTs have been housed in protective cases and actively traded for decades.

Ohanian opens a Michael Jordan pack: “That mustache alone deserves its own card!” Alexis Ohanian / Instagram

Seizing New Investment Opportunities

Often, the most significant investment opportunities lie not in novel technology but in older assets viewed with innovative strategies.

Given rising tariff pressures and a thriving resale sector, the market is evolving rapidly, and embracing trading cards as a viable investment is a forward-thinking strategy.


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