M101-4 on ebay going wild

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Posted By: Tim Newcomb

They're still going off, but the prices are absolutely insane by previous measures. These are VG to VG+ cards, ungraded. Commons are going for $35-50, with the occasional jump to $90, $100, even above $150 in a couple of cases. HOFers not as crazy proportionately, but still--

I'll post some prices a little later FYI--

Anybody who follows this set know what's happening?

Tim

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Posted By: Richard Masson

Revenge of the Set Builders! If you need a few to finish the set, wouldn't you pay up to get it done all at once? Maybe that is what's happening.

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Posted By: Steve M.

and failed to put a snipe in. Missed the Shauno (sic) Collins. Neded him. If anyone has a spare let me know.

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Posted By: Tim Newcomb

This set apparently came up at the right time. Buyers were very hungry.

The 73 commons auctioned tonight went for $3200, an average of almost $44 a card. The highest was $157, the lowest $16.

These were VG to VG+, a few better, a few G-VG. I doubt many would grade higher than 3, almost none higher than 4. That seems well above recent market value for middle-grade commons.

Here are figures on tonight's non-commons.

Cravath146
Griffith 92
Cicotte382
Crawford 168
Carey103
Comiskey 247
Collins192
Chapman120
Huggins112
Brown 179
Baker 126
Jennings 114
Bender227
Felsch545
Hooper138
Evers 137
Gandil 203
Lajoie 223
Cobb 760

The average is about $220. Even without Cobb the average is $190.

So much for my plans to upgrade my set

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Posted By: Todd Schultz

This is laughable. The most common back--blank, and the cards in VG+ at best. Schalk goes for $301, and Wagner currently at $925 for a card that wouldn't grade higher than good. These are not set builders, unless they need 30% or more of the set to complete. These are just folks with plenty of money and little patience, trying to see how fast they can blow their cash and make a dent on the set. Alas, it seems to be the wave of the future, and stands as further evidence that money and wisdom are often distant relatives.

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Posted By: Anonymous

This is very interesting news for a guy who only collects cards in the set with an advertisement on the back.

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Posted By: Tim Newcomb

I think everybody would probably say that the blank backs are the LEAST desirable, and most common, of all M101-4s. So these results are doubly surprising--

Tim

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Posted By: Rhys

Two comments. First, what happened to the common rule on this forum about not refering to auctions while they are currently going on? Usually people wait until the sales are final before this type of conversation starts out of respect to the seller and potential buyers.

Second, what is more laughable, VG+ M101-4 commons averaging $50 each or VG+ T206 commons which have been selling graded for WAY more than that of which there are probably 20 for each of these out there.

I think it is pretty common knowledge that cards from the teens and early 20's have been climbing in price and this is hardly an anomoly or stupididy on behalf of the buyers and is simply an illustration of the current trend toward collecting these types of sets. People can think what they want, but I have seen thousands of more common cards in the last year sell for far more than these did.

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Posted By: Rhett Yeakley

I agree that the results of the auctions were surprising. However, in a day and age where a lot of 100 trashed T209's break the $50000 mark NOTHING surprises me anymore.
-Rhett

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Posted By: jay behrens

Cards from the 20s were my last bastion of cheap cards that no one bothered with. Now, there is really nothing out there that can be had cheap. Even prices for those gawd aweful MP&Co cards sell for as much or more than strip cards.

I knew it was a matter of time. I just would have prefered that people had kept running up prices on T and E cards rather than drift into other areas.

Jay

I've just reached Upper Lower Class. I am now officially a babe magnet for poor chicks.

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Posted By: warshawlaw

Do college chicks drop their tops?

The later E cards have been on the rise as the earlier ones have already soared out of the range of most casual collectors, so I am not surprised by the strength of the sales on these cards.

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Posted By: dd

In my 31 years of collecting and attending card shows in New Orleans and occasionally Houston, I never came across a M101. I bought my first M101 off of Ebay about 4 years ago, but before that nada. Even on Ebay they have been relatively scarce, showing up only occasionally.

Collectors like me are not in the mainstream of the hobby circuit so we were rarely able to contribute to the demand for this and similar issues. Now that these cards are available to anyone who has the ability to log on, I believe what we are witnessing is more accurate price setting rather than prices gone wild.

Certainly a new influx of collectors or investors contribute to increasing prices realized, but so do veteran collectors previously isolated from the mainstream market.

dd
Cut Off, Louisiana

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Posted By: Paul Stratton

I'm with Darren on this one. The prices may be surprising, but until recently many people had no access to these issues. Unless you went to the National or some of the good regional shows you would never be able to find these issues. Show me a website where you can go and buy these cheaper and I'll be there.

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Posted By: Bryan Long

Someone is more than welcomed to offer to buy my Weil Baking Walter Johnson SGC 40

Maybe it is time to put mine on ebay after seeing how these cards are going.


.

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Posted By: Todd Schultz

but m101s are hardly a new commodity nor particularly scarce. Moreover, they are often found in good condition, because they were not susceptible to damage through packaging. They may be less prevalent thatn T206, but they are also far less widely collected and always will be so.

I too did not collect these until about 5 or so years ago, and they were seldom seen here in Phoenix, so I have relied in large part on ebay and other auctions. That being said, I have tracked these cards for years and the results the last two days or so are fairly aberrant.

Hey, prices are climbing everywhere and timing is everything, but you can't tell me that there is some independent thirst for m101s this past week that explains these prices. Rather, my take is that there were good scans, good promotion and a wide number of available cards, for those who think they can knock off a big chunk of a set at once. Good luck to those who have entered the fray.