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

As tariffs drive up the cost of imported goods, consumers are increasingly turning toward domestic assets already here.

Collectibles have emerged as a legitimate asset class: a $ 600 billion+ global industry, with trading cards alone valued at more than $15 billion as of 2024 .

Trading cards share many characteristics with assets banks already recognize as legitimate investments.