Million dollar mantle

[MattyC]

The Heritage 8.5 certainly has tilt and centering that would turn off many guys who aesthetically go for centering, yet it is also undeniably crisp, bright, and ultra sharp. I would grade it an 8, personally, due to the tilt and centering. That said, PSA made their assessment and it seems the overall "freshness" of the card carried it to the half point bump. Any card cracking the million dollar barrier is certainly good press for the hobby we all love.

[irv]

Originally Posted by Dpeck100

I spoke to a high end collector on his way home from the National on the phone for an hour and he said the card in hand is stunning. Like it was printed yesterday.

I have said it a thousand times but cards like this are bragging rights pieces. This is a Pop 3 with only 6 PSA 9's and 3 PSA 10's. If you own a copy of a Mantle in this grade you are in rare company and at the end of the day that matters when it comes to price.

A PSA 9 sold for 3.4 million so this price isn't shocking at all.

Any story on where the card came from or was found? It does look pack fresh, those borders look snow white.

Going to have to look into the 9 copy that sold for 3.4 mil. I don't recall hearing about that one?

Edit: Seen it was traced back to Al Rosen's find.
http://www.springfieldnewssun.com/ne...-11m-au/ntBKr/

Originally Posted by MattyC

The Heritage 8.5 certainly has tilt and centering that would turn off many guys who aesthetically go for centering, yet it is also undeniably crisp, bright, and ultra sharp. I would grade it an 8, personally, due to the tilt and centering. That said, PSA made their assessment and it seems the overall "freshness" of the card carried it to the half point bump. Any card cracking the million dollar barrier is certainly good press for the hobby we all love.

More than likely the case, and I agree with your "Is certainly good for the hobby" opinion.

[Dpeck100]

Originally Posted by irv

Any story on where the card came from or was found? It does look pack fresh, those borders look snow white.

Going to have to look into the 9 copy that sold for 3.4 mil. I don't recall hearing about that one?



More than likely the case, and I agree with your "Is certainly good for the hobby" opinion.

It was a raw copy that Heritage brought to the National to get graded is what I was told. They were trying to get 1.3 or 1.5 million for it. The collector said they drove it there something like 11 hours. Not sure of the origin but as you can see from the scan it is a pack fresh looking example.

I am not certain if the person who bought the Mantle wants to be outed so I am not going to be the one to due so. That said I have seen a picture of the card and it is spectacular.

There were rumblings on this board about a sale over 3 million months ago and after speaking to a few people I believe there have been two.

On the CU board five years ago I stated I thought a 10 would easily bring 3 million. To the right buyer I bet that number is north of 10 and it wouldn't necessarily end up in a baseball card collectors hands. My thesis has always been a hedge fund manager or private equity guy who wants to showcase it on display in their Manhattan penthouse in a glass case. Talk about a conversation piece. One of only three cards to ever achieve the top grade of the most famous baseball card of the past sixty five years.

[irv]

Originally Posted by Dpeck100

It was a raw copy that Heritage brought to the National to get graded is what I was told. They were trying to get 1.3 or 1.5 million for it. The collector said they drove it there something like 11 hours. Not sure of the origin but as you can see from the scan it is a pack fresh looking example.

I am not certain if the person who bought the Mantle wants to be outed so I am not going to be the one to due so. That said I have seen a picture of the card and it is spectacular.

There were rumblings on this board about a sale over 3 million months ago and after speaking to a few people I believe there have been two.

On the CU board five years ago I stated I thought a 10 would easily bring 3 million. To the right buyer I bet that number is north of 10 and it wouldn't necessarily end up in a baseball card collectors hands. My thesis has always been a hedge fund manager or private equity guy who wants to showcase it on display in their Manhattan penthouse in a glass case. Talk about a conversation piece. One of only three cards to ever achieve the top grade of the most famous baseball card of the past sixty five years.

I edited my post above. Said it was/could be traced back to Al Rosen's find in 86?
http://www.springfieldnewssun.com/ne...-11m-au/ntBKr/

The 3.4mil card, I could find no info on, so, more than likely, it was a private sale.

[Dpeck100]

Originally Posted by irv

I edited my post above. Said it was/could be traced back to Al Rosen's find in 86?
http://www.springfieldnewssun.com/ne...-11m-au/ntBKr/

The 3.4mil card, I could find no info on, so, more than likely, it was a private sale.

Thanks for posting that link.

Yes it was a private sale. There are a lot of high dollar items that change hands in private. It is fascinating to hear and learn about. Obviously this part of the market is out of reach for most collectors but even lower priced items that are rare change hands frequently at prices that would shock those that follow public auctions.

[irv]

Originally Posted by Dpeck100

Thanks for posting that link.

Yes it was a private sale. There are a lot of high dollar items that change hands in private. It is fascinating to hear and learn about. Obviously this part of the market is out of reach for most collectors but even lower priced items that are rare change hands frequently at prices that would shock those that follow public auctions.

No doubt.

[1952boyntoncollector]

Originally Posted by Dpeck100

Thanks for posting that link.

Yes it was a private sale. There are a lot of high dollar items that change hands in private. It is fascinating to hear and learn about. Obviously this part of the market is out of reach for most collectors but even lower priced items that are rare change hands frequently at prices that would shock those that follow public auctions.

Well i would imagine if a buyer approaches a seller who was not actively trying to sell a card the only way a buyer gets it is to pay much more than 'market'

almost like making an offer on a house to someone who wasnt' selling it..most of us have a 'make me move' offer we would take...which certainly would be a lot more than 'market'