Backs question

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Posted By: Neil

I have seen a lot of T206 red back Piedmont cards for sale on Ebay they are all reprints right?

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Posted By: pete ullman

correct...they're all fakes!!!!

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Posted By: Brett

Whats sad, is that someome bid over $250 for a lot of those fakes. its just pathetic.

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Posted By: Neil

One lot sold for $500 last week.

http://cgi.ebay.com/SET-OF-17-CIGARETTE-TOBACCO-BASEBALL-CARDS_W0QQitemZ8755079588QQcategoryZ44821QQrdZ1QQc mdZViewItem

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Posted By: zach

No way, a RED Old Mill too ! Some people really need to educate themselves before jumping into vintage, not only are the backs completely the wrong colors but the fronts are terrible and so is the private bidding and feedback.

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Posted By: Brett

that is just pathetic. $500 on all fake cards...

almost as bad as people paying like $100 for a obvious fake t206 Wagner on ebay numerous times.. lol

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Posted By: Neil

There back.....
http://cgi.ebay.com/Collection-Baseball-Cards-Cigarette-Advertising-Cobb_W0QQitemZ6247491482QQcategoryZ4120QQrdZ1QQcmd ZViewItem

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Posted By: Joe P.

It's the Wall Street Journal mindset that does it.

The crash course is directed towards slabs and prices.

Then they rely on others to fill them in on the cards.

Very little digging and research is done by most of them.

Why dig when you can tap a digger.

THUS THE PURCHASE of a RED OLD MILL. .....

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Posted By: identify7

This phenomonon is the same ol' "a fool and his money are soon parted". The bidders all think that the seller is inexperienced enuff to let Cobbs and other cards go for little money. This type of scam is a part of history. Enjoy it. You have no choice other than look away.

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Posted By: Bill Todd

Well, now is as good a time as any for this lurker to chime in.

This thread is beginning to hark back to the one of a few weeks ago about coins vs. cards as an investment. I see lots of similarities between the card market now and the coin market back in the early 80s.

The "Wall Street" mentality hit the coin market when the guv'mint first allowed non-financial instruments to be included in retirement accounts. If memory serves that was at the same time that IRAs were opened up to the little guy, around 1981. More traditional investment vehicles were getting hammered, so people were looking for other places to put money--art, real estate, collectibles.

The result was that loads of people who knew nothing about coins as collectibles were coming into the market. (How many BB card "investors" do you know?) Some smart cookie realized that if they could take a good chunk of the uncertainty out of "rare" coin purchases, there was loads of money to be made. And voila! ANACS, PCGS, NGC, and a host of other grading services.

One big difference was that the problem then was more one of grading rather than outright fakery, but the principle was the same--lots of folks dropping lots of money without taking the time to learn about the object of their desire.