another world record obliterated

[Peter_Spaeth]

52 topps mantle psa 6


11/3/13 eBay Auction | Image prewarcardcollector -***o 48 $34,100.00
10/25/12 Mile High Image 8 $15,014.20
10/4/11 eBay Image prewarcardcollector q***m 44 $16,645.40
7/22/11 Greg Bussineau Image 9 $19,440.00
5/20/11 Mile High Image 12 $16,286.30
12/27/10 eBay $16,500.00
5/2/10 REA Image 18 $19,975.00
1/31/10 Greg Bussineau Image 21 $22,800.00
10/24/09 eBay Image jlh9287 l***t 28 $18,536.20

and the high bidder is:

Bid History: Details


Bidding Details

Bidder Information
Bidder: -***o ( private )
Feedback: 100% Positive
Item description: Item Title: 1952 Topps Mickey Mantle #311 PSA 6 EXMT (PWCC)
Bids on this item: 8
30-Day Summary
Total bids: 46
Items bid on: 19
Bid activity (%) with this seller: 47% Help
Bid retractions: 0
Bid retractions (6 months): 28

Congrats to the consignor, I guess.

[ullmandds]

Maybe the Chinese are buying these cards?

[Peter_Spaeth]

Originally Posted by ullmandds

Maybe the Chinese are buying these cards?

Better investment than US Treasuries I suppose....

[Eric72]

Seriously? Such a sharp increase in price?

Pardon me for being a newbie here; however, that card has been selling well since the 1980's, if I correctly recall.

It has fetched record prices before...I do know this. However, a then-28-year-old example of Mantle's '52 Topps splashing on the Christie's Auction House scene in the days when Michael Jackson ruled the pop charts (popular music...not population reports, for those who may be a bit too young to remember the reference) is different than a sudden skyrocket more than 28 years later.

It seems as though something might be amiss with this. I may be wrong.

Best,

Eric

[calvindog]

Just more fraud. PWCC's auctions have become Coach's Corner to me now. The results are pretty much the same.

[glchen]

Weird how much these prices fluctuate. Legendary had a PSA 5 sell for nearly 30K earlier this year: Link. REA had an SGC 6 for over 35K a few years ago: Link

[Peter_Spaeth]

That 5 looks like it may have been purchased for the same reason as the recent low grade 1938 Goudey lot for an astronomical sum.

[WhenItWasAHobby]

That price might be a slight bargain if it bumps up to a PSA 7 and an absolute steal if it "magically" turns into a PSA 8.

[slidekellyslide]

Originally Posted by calvindog

Just more fraud. PWCC's auctions have become Coach's Corner to me now. The results are pretty much the same.

If that card had been in Coach's Corner it would have sold for $500 as no one would have believed it was real.