Quote:
Originally Posted by Bicem
That's just dumb.
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[re the 1907 Wolverine News Cobb]
No, it's just rare and significant at work, a formula which works exceedingly well in any collectibles field--behold the 1967 Corvette L88 (racing version of the 427, then making about 560 HP). They only made 20 that year, and perhaps half that survive. $20,000 or less would have gotten you a good one in the '80's. Now, $3.5 --$4 million without any strain at all. Early '60's racing/roadgoing Ferrari's, with an original price tag of say $10-20 K--can you say 8 figures now?
Postcards such as the Cobb or the Exhibits that followed are just another form of baseball cards--not used to sell any other product, but rather they themselves were the product, kind of like when Topps eliminated gum! In my view, they are the higher end baseball cards, analogous to 1989 Upper Deck, featuring far better quality image reproduction of the players, as opposed to other products of the era, and even until the Topps cards of the fifties. Look for this one, the W600, and the Dietsche Fielding Pose Cobb to follow the path of the 1914 Baltimore News Ruth over the long term. Oh my, wasn't that one a bit oversized too???
Everybody should buy what they like, but don't let a narrow view foreclose you from quite substantial appreciation potential in the coming decades.
With all due respect,
Larry