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#1
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Are the 1921 Exhibit Ruths that common? I don't know the issue. I suppose if there were 3 and their grades were not similar, it might not be as bad but as a consignor I would want to know. I suppose it becomes my burden to ask.
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( h @ $ e A n + l e y |
#2
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At least as common as "common" 1921 Exhibits, so I'd say yes. The 3 in the auction represent less than 1% of all the surviving copies.
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#3
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Quote:
By contrast, the PSA pop report shows 2,609 graded red Cobbs (ignoring backs); SGC’s pop report is a major pain and I cannot tell how many red Cobbs have been graded without searching every year 1909-11 and all applicable backs. So looking at the PSA pop alone, t206 red Cobbs are 11.1x more common the 1921 exhibit Ruth’s. Let’s assume that SGC has graded 1500 red Cobbs, the difference becomes 17.5x. Based on this comparison, three 1921 Ruth exhibits is equal to 52.5, t206 red Cobbs. 52.5 red Cobbs in one auction seems excessive. Yet 3 Ruth Exhibits (especially if different grades/condition and grading companies) seems much more ok. And this is the garbage that gets posted at midnight when one cannot sleep bc they add thinking of cards! |
#4
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#5
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http://www.flickr.com/photos/calvindog/sets |
#6
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I did win one of the 21 exhibits in REA. I thought prices had come down a lot before the auction, so wasn't entirely surprised with where they ended up, and don't necessarily think having 3 at the same time impacted the price. I think Ruth in generally has been weak this year. I thought Wagner was weak generally speaking (especially the M116), but again I think that had started before this auction. The JKA Cobb - what a card and what a price. The 51 signed Mantle, what a price. Definitely some strength in the hobby still showing, just not in the usual Ruth/Wagner channel.
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Looking for: W600 Cobb and Wagner Sporting News/Collins McCarthy Jackson Seamless Cobb rookie Low Grade Ruth rookie Cards: https://www.flickr.com/photos/189414509@N08/albums |
#7
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Thanks Pete. Way to make me feel worse. 🤣
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http://www.flickr.com/photos/calvindog/sets |
#8
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IMO the '21 Ruth Exhibit is popular is because it shows the Bambino in a rare fielding pose, which draws attention to it.
I hold one in a BVG 3.5 with no intention of consigning it in the near future, if ever. |
#9
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There was a modern guy buying a lot of Wagner portraits during the recent run up, I think he ended up with about 15 of them. Doesn't take much to move that needle up other than money, tends to create a false market with some of these pre-war cards.
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#10
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That's pretty amazing, and makes me wonder how many attempts at market manipulation have gone on over the years, i.e., buying up all of certain cards for a period to drive the price up, then parceling them out in various auctions over a succeeding period to realize a profit. Of course, this would take resources, planning, discipline, and some guesses as to the prices of what cards might benefit from this type of market bending, but isn't that how a lot of traders in different commodities do it? And in this day of computer algorithms and AI, who knows what advanced skills in those areas might help in this kind of pursuit? At the very least, it's a good guess there are many young folk thinking about and perhaps working on it.
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