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The market for baseball cards is on fire. Auction houses and appraisers say they are seeing surging demand and higher prices in the sports memorabilia market, particularly for baseball cards and other sports trading cards. A 1952 mint condition Mickey Mantle baseball card sold for $12.6 million on Sunday, a record price for a piece of sports memorabilia.
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"Some investors see high-end baseball cards as a way to diversify their financial holdings, similar to buying a famous piece of art. Others view buying cards and other hard assets as a hedge against inflation, which remains near a four-decade high."
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