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  #101  
Old 03-31-2008, 02:28 PM
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Default T206 PSA PLANK Just listed for sale!

Posted By: jamie

I think I might bid 18,000 and see where it takes me

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  #102  
Old 03-31-2008, 03:20 PM
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Default T206 PSA PLANK Just listed for sale!

Posted By: T206Collector

I wonder if the reserve is higher than $20K. I am shocked the reserve hasn't been triggered.



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  #103  
Old 03-31-2008, 03:51 PM
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Default T206 PSA PLANK Just listed for sale!

Posted By: dan mckee

99.0 % is a terrible feedback rating.

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  #104  
Old 03-31-2008, 04:02 PM
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Posted By: T206Collector

While I generally agree that 99% ain't great over a long stretch, here, we're talking about one bad transaction on July 5, 2004, involving a misunderstanding as to whether a car had been sold off a retail lot or not.

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  #105  
Old 03-31-2008, 04:56 PM
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Default T206 PSA PLANK Just listed for sale!

Posted By: jamie

Hey my feedback is 98.5%
All my NEG feedback came as I was a buyer and the seller would make a mistake ... (and im talking about recieving broken video games and autographs of a totally different picture than what was listed in the auction). I would leave neg feedback and get one in return... so the feedback of 99% is pretty dam good when you think about all the A-holes you have to satisfy.... even the ones that screw you over

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  #106  
Old 03-31-2008, 04:59 PM
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Default T206 PSA PLANK Just listed for sale!

Posted By: leon

Many of us deal in the pre-war vintage space, predominently. Anything below 99%, with more than a few hundred feedback, is horrible. HOwever I have seen where folks that sell less costly items (many/mostly for below $5.00) have lower feedback... best regards

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  #107  
Old 03-31-2008, 05:05 PM
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Default T206 PSA PLANK Just listed for sale!

Posted By: Matt

Ebay mixes buying and selling feedback when they really should be separate for exactly this reason. Less then 99% is bad for a seller, but for a buyer, when you get ripped off and you want to let others know by leaving a neg, you get one back. You didn't do anything wrong yet you have to go another 99 positive transactions without getting ripped off to counter that one. For those of us who buy raw cards, the odds are that more than 1 in 100 times you will get scammed and as such, your feedback will be less then 99% if you're helpful enough to let others know about it at your own expense.
Now, what was this thread about?

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  #108  
Old 03-31-2008, 05:40 PM
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Default T206 PSA PLANK Just listed for sale!

Posted By: Vanessa Phipps

Ok please explain why this restored card ( I thought that was taboo) is worth 15k plus? Am I mistaken or does restoration not make a card worth less? I just dont get it?

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  #109  
Old 03-31-2008, 06:44 PM
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Posted By: MVSNYC

vanessa, you are correct, restoration makes a card worth less...if this card was actually in this condition without restoration, it would be worth six figures

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  #110  
Old 03-31-2008, 07:00 PM
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Default T206 PSA PLANK Just listed for sale!

Posted By: peter ullman

24,700...fair price? I think so.

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  #111  
Old 03-31-2008, 07:02 PM
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Posted By: MVSNYC

i think so...if i had the extra jack laying around, i would have bid on it myself.

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  #112  
Old 03-31-2008, 08:02 PM
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Posted By: T206Collector

Observation: the card went up nearly $10K in about a year. Is that consistent with the increase in value of scarce pre-war cards, or is this an anamoly?

Prediction: the next time we see this card it is either out of its holder or in a different holder. The temptation to turn a $25K card into $100K+ card is going to be hard to resist.


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  #113  
Old 03-31-2008, 08:04 PM
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Posted By: Jeff Lichtman

I'd rather spend 30K on a nice 2 than buy that altered card. And I agree with Paul that we won't be seeing that card in that holder anytime soon.

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  #114  
Old 03-31-2008, 08:34 PM
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Posted By: MVSNYC

as i've said before, i have NO problem if the owner has the restoration professionally reversed and then if it meets a number grade, so be it...slab it accordingly (1,2,4, ? whatever)...as long as ALL of the restoration is removed, and the original (bare) card is once again visable, i have no problem. i am obviously strongly against someone cracking it out and "trying" to pass this off as an unaltered card...

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  #115  
Old 03-31-2008, 11:44 PM
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Posted By: Kevin Saucier

Prediction: the next time we see this card it is either out of its holder or in a different holder. The temptation to turn a $25K card into $100K+ card is going to be hard to resist.



I'm wondering if that's possible. The corners can more than likely be returned to normal or could fool some graders if done well enough (although I imagine this would go straight to the top grader and discovered).

The added recolor may be a problem. Removing it would lead to bare areas or paper loss. If left in place it should never pass a basic inspection. From the scan it looks as though the left upper edge by the side border line was recolored. Always difficulty to tell from a scan. For those in the know, is this correct?

I've successfully unrestored a similar inexpensive card (rebuilt corners but w/o recolor) rejected as trimmed. The finished card was a very gracious gift and is now on display in a 3 holder. I still consider it to be altered and here is why:

From experience the paper on all sides of each rebuilt corner would have been affected during the reshaping. In other words...added stock blended to the sides to connect the corners, then slightly trimmed back. These would need to be shaped to look like vintage cuts. This is an alteration in itself since it's trimming a trimmed edge. Does this make sence?

What are your thoughts?


Kevin Saucier


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http://www.AlteredCards.com - an education on doctored cards...displays and more.

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  #116  
Old 04-01-2008, 05:52 AM
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Posted By: Ted Zanidakis

It's April 1st......this card has become an APRIL FOOL's joke. And, only a FOOL would part with his money for this card.

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  #117  
Old 04-01-2008, 06:43 AM
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Posted By: leon

Good points. To ME if the "unaltering" isn't perfect then the card would still be altered. The previous hypothetical was based on all alterations being removed and not creating anymore while doing it.....again, just my opinion on this one...

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  #118  
Old 04-01-2008, 08:03 AM
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Posted By: peter ullman

that's kind of what my point was back a few posts, Kevin...albeit not easy to understand. I'd imagine to add to a corner you need some kind of lattice/mesh/bevel for support. Once you remove the added paper, the bevel will always be there. I can't imagine all alterations can be reversed so the change is undetectable...hence once the card is altered...to me it most likely will always be.

pete ullman

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  #119  
Old 04-01-2008, 10:11 AM
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Posted By: T206Collector

Click link below. Seems like the "underbidder" only went to $20,890, but that the "winner" chose to keep going until he triggered the reserve, which he did. Not exactly open market forces setting the sale price, since only one bidder was willing to move meaningfully over $20K.

http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=280211764808



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  #120  
Old 04-01-2008, 10:23 AM
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Posted By: John

Seems pretty open market to me, the buyer had 24k to drop and the seller has 24k in pocket. The buyer obviously thinks this card is worth what he paid hence the reason he bid and won kudos to whoever he or she is.

As for open market, there’s no such thing…these cards are only worth what someone is willing to pay you for them.

Go try to sell Dan McKee or some of the old timers your PSA 8’s 1 of 1’s hell give you 200 bucks tops and that’s if you catch him on a good day. However Jim C may give you 10k for that same card, there is no set value for baseball cards; they are not stocks, or gold bouillon.

An ounce of gold has a set value within a few dollars, but a T206 Eddie Plank restored or not doesn't, just a ballpark value….which is ironic if you think about it.

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  #121  
Old 04-01-2008, 11:28 AM
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Posted By: T206Collector

...turned out to be a fixed price sale, with only one person willing to pay over $20,890, as opposed to an ebay final sale. Even in the ebay context, you never know what the highest price the winner would be willing to pay would be, you only know what the second highest price would be.

For me, I'm trying to figure out how much the market has moved for this particular card, which sold at auction for about $15K with juice last April. Theoretically, if the winner resold his Plank on ebay today, it should not go higher than $20,890. But I understand fully the concept that a card is worth whatever someone is willing to pay for it.

Perhaps all we have learned is that there are several more people that are interested in spending more than $15K on an Eddie Plank card than there were last year at this time. For that reason, I deduce that the market for Planks has gone up.

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  #122  
Old 04-01-2008, 11:33 AM
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Posted By: peter ullman

congratulations.

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