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The E-Sylum: Volume 6, Number 27, July 6, 2003, Article 18 NEXT STEP IN COIN TRADING? Now that slabs enable collectors to own a coin without having to bother touching or looking at it directly, perhaps the next step is owning coins without the bother of actually possessing them. The sports card world shows how the third-party trend can be taken to extremes. A recent article in Wired magazine (known for publishing spoofs, by the way) describes an online trading site for cards designed by the Topps card company. "Mike Clark owns $30,000 worth of special-edition baseball and football cards. And he's never seen a single one of them. That's because these cards aren't the kind you can pick up in foil packs at a hobby shop. They're sold like stocks, more or less, on an online trading floor designed by the Topps card company and run by eBay. And while Clark and his fellow collectors are willing to pay hundreds of dollars for the right to call the rarest of these specimens their own, the cards themselves remain, for the most part, sealed in a climate- controlled warehouse in Delaware." http://www.wired.com/news/culture/0,1284,59393,00.html http://www.etopps.com/ Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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