View Single Post
  #78  
Old 03-05-2017, 02:14 PM
botn botn is offline
Greg Schwartz
Banned
 
Join Date: Apr 2009
Posts: 1,219
Default

Quote:
Originally Posted by orly57 View Post
I own every standard issue mantle you can imagine in addition to others like Stahl Meyer, Topps Super, Dan Dee, etc. I do not own a '52. Not because I can't afford one, but rather, I just don't think the value is there. I waited too long to buy it. I think that there are way too many out there (10 plus on eBay at all times and minimum of 3 at every major auction). Maybe I am being short-sighted, but I don't want to pay 30k for a beautiful 3 like KendalCat's (although if I were ever to buy one, KendallCat's would be the one I would want) because I just can't see the day where a mantle 3 would ever sell for 80 or 90k. I think we have seen a huge bubble and it is currently at peak value. At least for a very long while. I agree that it is an iconic card and the face of our hobby (along with Wagner). I also get its crossover appeal with non-collectors. I think it is a safe investment, but I don't see the lower grades ever getting a ton higher. As for high grades, will the 8.5 that sold for a million ever sell for 2 million? I don't see it.
I am particularly interested in this string because I am selling my mantle collection in order to pursue rarer issues in the pre-war world. Not for money, but because my collecting interests have changed. I prefer to buy a Rose Cobb over a Mantle 3 for the same price. Of course, the supply is lower, but so is the demand, so it doesn't necessarily mean it is a BETTER investment. It is just my preference. I would much rather buy Probstein's 1914 CJCobb over a Mantle 3 ANY DAY. I like the card better, it is far more rare, and they are comperable in price. I also happen to think it has more long-term growth potential. Most of you know precisely the card I am referring to because when a CJ Cobb goes on eBay, it is a big deal, unlike the 52 mantle.
I do not own a 52T Mantle either. At some point it might be nice to have one because it is an iconic card but I agree completely with you about the long term outlook. Demand is high for them but clearly it has cooled off and that can be seen frequently for prices for the 7s and lower. I see prices on those examples pulling back more as time passes. Who knows what the 8s or higher will do. That is a more thinly traded market but if prices moved up I would not be shocked.
Reply With Quote