PSA 9 Alifabolaget Pele Sells for $57,000

[Exhibitman]

Not if he put it into boxing...I did that and I am rolling in losses right now.

[samosa4u]

Originally Posted by Exhibitman

Not if he put it into boxing...I did that and I am rolling in losses right now.

Adam, he bought the waterfront cards in top grade.

And why didn't you put a reserve on your stuff?

[scooter729]

That Pele is killing me - I had my PSA 9 Alifa listed on this board at $5K in 2015 and nearly got laughed off the board, though I did end up selling it for $5K via another venue. A couple of people told me that was probably the highest sale price for a soccer card ever!

And this happened - ouch. Can I have a mulligan please?!

[aljurgela]

Originally Posted by scooter729

That Pele is killing me - I had my PSA 9 Alifa listed on this board at $5K in 2015 and nearly got laughed off the board, though I did end up selling it for $5K via another venue. A couple of people told me that was probably the highest sale price for a soccer card ever!

And this happened - ouch. Can I have a mulligan please?!

I am shocked that these cards are going for these prices. It feels to me that the thinly traded cards are being bid up by some people who just do not know much about soccer cards. Which is great if you are trying to sell a high grade rookie card (the prices seem disproportionately distributed to the highly graded copies), but I can definitely see the bottom falling out of this price up-tick.

I am not saying that it will happen (we could be on a Ruth rookie trajectory), but I would not be surprised if things didn't come back to earth after these "collectors" or "investors" move on to something else.

At the time that $5k was outrageous for a PSA 9 Pele, I picked up at PSA 8.5 for under $2k.... so boy have times changed... that is for sure.

I have said for quite some time that the ALFIA Pele rookie is his best (due to the dating issue of the Quigol).

Anyway.... WOW is the comment for the day!

[Exhibitman]

Originally Posted by samosa4u

Adam, he bought the waterfront cards in top grade.

And why didn't you put a reserve on your stuff?

"Waterfront cards"? Not ringing a bell. is that a set?

I didn't put on a reserve for a variety of reasons including needing to cash out for other endeavors.

[HasselhoffsCheeseburger]

I was curious about the waterfront cards, as well.

Arthur

[samosa4u]

Are you guys asking me to name you all the waterfront cards or are you asking me to define it? If you use the search feature on top of the page, then you will see lots of threads where collectors frequently use this term. This term probably originated on this forum.

[Arazi4442]

I would assume a "waterfront" card is a real estate reference, correct?

Real estate near a lake or ocean goes for a premium so a waterfront card would be a 1 of 1, highest graded, PSA 10, etc. of an iconic athlete. Just my guess.

[HasselhoffsCheeseburger]

I think someone meant to use watershed and instead used waterfront and it just stuck.

Arthur

[samosa4u]

Originally Posted by Arazi4442

I would assume a "waterfront" card is a real estate reference, correct?

Real estate near a lake or ocean goes for a premium so a waterfront card would be a 1 of 1, highest graded, PSA 10, etc. of an iconic athlete. Just my guess.

You got it, my friend.

So a collector going after the waterfront cards would add a well-centered PSA 7.5 Roberto Clemente RC, a strong PSA 5 T206 (green background) Ty Cobb, PSA 8 Wilt Chamberlain RC, PSA 7 1951 Parkhurst Gordie Howe RC, etc.

Another thing I want to point out is that not all waterfront cards are rookies. A 1933 Goudey Babe Ruth is not a rookie, and neither is the 59/60 Quigol Pele