1952T Mantle price drops

[Peter_Spaeth]

Beautiful 8 in Goldin just sold for 1.1M.

https://goldin.co/item/1952-topps-31...JkSW5kZXgiOjB9

Last two prices 2M plus and 1.5M plus.

https://www.psacard.com/auctionprice...auction/495470

[Scocs]

At that rate, I can pick up a nice one in……319 years.

[jingram058]

I don't even want one. It's a hideous, cartoonish piece of cardboard. To pay that kind of money for cardboard is stupid when folks struggle to make ends meet. All it is is an investment for the one percenters. Big f-ing deal.

[Peter_Spaeth]

Originally Posted by jingram058

I don't even want one. It's a hideous, cartoonish piece of cardboard. To pay that kind of money for cardboard is stupid when folks struggle to make ends meet. All it is is an investment for the one percenters. Big f-ing deal.

But James, if you disapprove of people spending a lot of money on cards, aren't you with due respect kind of in the wrong place?

[Madi$on18joshua]

Originally Posted by Peter_Spaeth

But James, if you disapprove of people spending a lot of money on cards, aren't you with due respect kind of in the wrong place?

exactly???? what is the purpose of the comment to this group? definitely not well recieved.

[Touch'EmAll]

Gee, didn't we just have a thread about Wagner cards going up ?

And didn't Mantle cards get pumped up and were particularly hot during the recent boom ?

What goes up too fast has a better chance of falling when the hype is over. See what '86 Fleer Jordan's have done lately.

The argument in favor of Wagner is the scarcity. Not quite so with the Mick. I just hope T206's can hold steady-ish.

[jingram058]

Originally Posted by Madi$on18joshua

exactly???? what is the purpose of the comment to this group? definitely not well recieved.

Who gives a flying f$&k

[icurnmedic]

Ive had three over the years, of course sold before the run. I personally like the card, but not sure if that is predicated on it being the Top post war card in existence.
Would like to have another , but prices are going to need to come back down to a "reasonable " level, not sure that will ever happen.
I expect a correction in most cards , including Mantle and clearly there is weakening to Peters point.
I don't expect the 3's to come down to less than 20k again though.

[ALR-bishop]

Is there a cross over point where the price you are willing to pay for a card, any card, puts you in the stupid category ?

[G1911]

Impossible; I was told by this board that the cards being hyped are the safest picks and inexorably go up, and I should drain my 401K taking a massive tax loss to invest into these hype cards and also take out loans to buy more cards to help pump investors portfolios. I mean, to invest for myself.

[icurnmedic]

Originally Posted by ALR-bishop

Is there a cross over point where the price you are willing to pay for a card, any card, puts you in the stupid category ?

Well maybe that could be argued, but conversely is there ever a point where you are stupid not to buy? I think these questions aren't mutually exclusive.

[BillyCoxDodgers3B]

Cartoonish? I think it's beautiful. Plenty of cartoonish cards in the 1950-52 Bowman and '53 Topps. Yes, I said it. Many 1953 Topps are hideous. Don't understand the praise most of the time.

[butchie_t]

Originally Posted by ALR-bishop

Is there a cross over point where the price you are willing to pay for a card, any card, puts you in the stupid category ?

Reasonably or unreasonably sure I passed that point a while ago.

[NYYFan63]

Originally Posted by jingram058

I don't even want one. It's a hideous, cartoonish piece of cardboard. To pay that kind of money for cardboard is stupid when folks struggle to make ends meet. All it is is an investment for the one percenters. Big f-ing deal.

People that have the means to buy that card worked hard for their money, so I would refrain from telling people how they should spend their money. Just my $.02…


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[G1911]

Originally Posted by NYYFan63

People that have the means to buy that card worked hard for their money, so I would refrain from telling people how they should spend their money. Just my $.02…


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I’d agree, but the Mantle investors don’t seem to have a problem telling everyone else to spend their hard-earned money to further pump investors favored card(s) . Seems like it should go both ways then. Posts would drop like 50% if people didn’t advise or tell others how and what and for how much they should buy cards and spend their money.

[Hxcmilkshake]

I don't care if mine tanks I love it, its my grail and I could give a rats a$$ what anyone else thinks.

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[Gorditadogg]

It does seem to me too that when the market gets hot, there is less of a premium given for eye appeal. The cards are moving so fast, a 7 is a 7. It probably also has something to do with new buyers in the mix who aren't as skilled at (or interested in) differentiating cards at the same grade. Conversely, in a soft market, buyers have more time to focus on the best available and will still pay up for the right card.

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[packs]

I'm always on the hunt for eye appeal on a budget too:

[Snowman]

Originally Posted by Gorditadogg

It does seem to me too that when the market gets hot, there is less of a premium given for eye appeal. The cards are moving so fast, a 7 is a 7. It probably also has something to do with new buyers in the mix who aren't as skilled at (or interested in) differentiating cards at the same grade. Conversely, in a soft market, buyers have more time to focus on the best available and will still pay up for the right card.

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I agree. I've noticed this as well. I think it may also in part be due to sellers "knowing what they have", and how difficult those cards are to find, and not being willing to budge on pricing.