NonSports Forum

Net54baseball.com
Welcome to Net54baseball.com. These forums are devoted to both Pre- and Post- war baseball cards and vintage memorabilia, as well as other sports. There is a separate section for Buying, Selling and Trading - the B/S/T area!! If you write anything concerning a person or company your full name needs to be in your post or obtainable from it. . Contact the moderator at leon@net54baseball.com should you have any questions or concerns. When you click on links to eBay on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Enjoy!
Net54baseball.com
Net54baseball.com
ebay GSB
T206s on eBay
Babe Ruth Cards on eBay
t206 Ty Cobb on eBay
Ty Cobb Cards on eBay
Lou Gehrig Cards on eBay
Baseball T201-T217 on eBay
Baseball E90-E107 on eBay
T205 Cards on eBay
Baseball Postcards on eBay
Goudey Cards on eBay
Baseball Memorabilia on eBay
Baseball Exhibit Cards on eBay
Baseball Strip Cards on eBay
Baseball Baking Cards on eBay
Sporting News Cards on eBay
Play Ball Cards on eBay
Joe DiMaggio Cards on eBay
Mickey Mantle Cards on eBay
Bowman 1951-1955 on eBay
Football Cards on eBay

Go Back   Net54baseball.com Forums > Net54baseball Main Forum - WWII & Older Baseball Cards > Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions

Reply
 
Thread Tools Display Modes
  #1  
Old 09-09-2016, 06:38 AM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default Jumbo Wags back up for sale...the history of the card.

Interesting background on the jumbo wags expected to set a record in upcoming auction.

http://www.forbes.com/sites/davidsei.../#5522fba94ca0
Reply With Quote
  #2  
Old 09-09-2016, 12:05 PM
brob28's Avatar
brob28 brob28 is offline
Bi11..R0berts
Member
 
Join Date: Feb 2010
Location: Michigan
Posts: 1,134
Default

Saw that this morning Pete, can you imagine having those cards she describes in her letter, unreal!! Love the history behind these rarities.
__________________
Successful transactions with: Chesboro41, jimivintage, Bocabirdman, marcdelpercio, Jollyelm, Smanzari, asoriano, pclpads, joem36, nolemmings, t206blogcom, Northviewcats, Xplainer, Kickstand19, GrayGhost, btcarfango, Brian Van Horn, USMC09, G36, scotgreb, tere1071, kurri17, wrm, David James, tjenkins, SteveWhite, OhioCard Collector, sysks22, ejstel. Marty

Last edited by brob28; 09-09-2016 at 12:05 PM.
Reply With Quote
  #3  
Old 09-09-2016, 12:11 PM
Baseball Rarities's Avatar
Baseball Rarities Baseball Rarities is offline
K3v1n Stru55
member
 
Join Date: Apr 2009
Location: California
Posts: 1,182
Default

I would love to know the specifics about the Piedmont Wagner that she mentions.
Reply With Quote
  #4  
Old 09-09-2016, 01:32 PM
TCMA's Avatar
TCMA TCMA is offline
Andrew Aronstein
Member
 
Join Date: May 2014
Location: Peekskill, NY
Posts: 1,010
Default

The missing piece in all of this is... what happened to those other cards? Why didn't my dad buy all of them? Was he out of cash? Were they gone by the time he got there? Anything is possible but I don't believe he would have passed on them completely had they been there. Without a doubt he knew several other collectors at the time who would have been interested in them. I'm sure he would have tried to broker a deal.

I know he wrote down his offer for the Jumbo in his notebook but there's no mention of other cards at all or of other offers. It's a mystery.
__________________
Visit TCMA Ltd. on Facebook!
Reply With Quote
  #5  
Old 09-09-2016, 02:21 PM
Rookiemonster's Avatar
Rookiemonster Rookiemonster is offline
Dustin
Dustin Mar.ino
 
Join Date: Oct 2015
Location: Nj
Posts: 1,451
Default

Quote:
Originally Posted by TCMA View Post
The missing piece in all of this is... what happened to those other cards? Why didn't my dad buy all of them? Was he out of cash? Were they gone by the time he got there? Anything is possible but I don't believe he would have passed on them completely had they been there. Without a doubt he knew several other collectors at the time who would have been interested in them. I'm sure he would have tried to broker a deal.

I know he wrote down his offer for the Jumbo in his notebook but there's no mention of other cards at all or of other offers. It's a mystery.
Maybe he did buy them but had a buyer lined up. So he quickly purchased them and sold them no biggie. Or the lady didn't except his offer. How knows ? I wonder if the mainstream media knows about this yet ?
__________________
Just a collector that likes to talk and read about the Hobby. 🤓👍🏼
Reply With Quote
  #6  
Old 09-09-2016, 02:36 PM
GasHouseGang's Avatar
GasHouseGang GasHouseGang is offline
David M.
Member
 
Join Date: May 2009
Location: S. California
Posts: 2,854
Default

We should probably add a pic of the letter offering the Wagner so when it disappears off that website it will still be here.
Attached Images
File Type: jpg Letter Offering Jumbo Wagner.jpg (76.2 KB, 949 views)
Reply With Quote
  #7  
Old 09-09-2016, 03:01 PM
brob28's Avatar
brob28 brob28 is offline
Bi11..R0berts
Member
 
Join Date: Feb 2010
Location: Michigan
Posts: 1,134
Default

Quote:
Originally Posted by TCMA View Post
The missing piece in all of this is... what happened to those other cards? Why didn't my dad buy all of them? Was he out of cash? Were they gone by the time he got there? Anything is possible but I don't believe he would have passed on them completely had they been there. Without a doubt he knew several other collectors at the time who would have been interested in them. I'm sure he would have tried to broker a deal.

I know he wrote down his offer for the Jumbo in his notebook but there's no mention of other cards at all or of other offers. It's a mystery.
Yes Andrew, it would be great to know what became of the other cards. Also, the original owner must have been one hell of a collector to have those cards, I would be shocked if some of the big name collectors of that era didn't know this person. Did your Dad ever mention anything about the entire collection?
__________________
Successful transactions with: Chesboro41, jimivintage, Bocabirdman, marcdelpercio, Jollyelm, Smanzari, asoriano, pclpads, joem36, nolemmings, t206blogcom, Northviewcats, Xplainer, Kickstand19, GrayGhost, btcarfango, Brian Van Horn, USMC09, G36, scotgreb, tere1071, kurri17, wrm, David James, tjenkins, SteveWhite, OhioCard Collector, sysks22, ejstel. Marty
Reply With Quote
  #8  
Old 09-09-2016, 05:43 PM
TCMA's Avatar
TCMA TCMA is offline
Andrew Aronstein
Member
 
Join Date: May 2014
Location: Peekskill, NY
Posts: 1,010
Default

Quote:
Originally Posted by Rookiemonster View Post
Maybe he did buy them but had a buyer lined up. So he quickly purchased them and sold them no biggie. Or the lady didn't except his offer. How knows ? I wonder if the mainstream media knows about this yet ?
I know for a fact he definitely did not buy any other cards from the woman other than the Jumbo. It could be that she was mistaken about what the other cards were but I'm not convinced of that. She knew enough to know that the Wagner, Plank, Lajoie were the coveted cards.

Just speculating here but based on what she claimed was in her collection I wonder if it's possible her grandfather worked in one of the factories. During the 1909 - 1911 period her father would have been just a kid.
__________________
Visit TCMA Ltd. on Facebook!
Reply With Quote
  #9  
Old 09-09-2016, 05:45 PM
TCMA's Avatar
TCMA TCMA is offline
Andrew Aronstein
Member
 
Join Date: May 2014
Location: Peekskill, NY
Posts: 1,010
Default

Quote:
Originally Posted by brob28 View Post
Yes Andrew, it would be great to know what became of the other cards. Also, the original owner must have been one hell of a collector to have those cards, I would be shocked if some of the big name collectors of that era didn't know this person. Did your Dad ever mention anything about the entire collection?
No, he just doesn't remember if the other cards were there but he doesn't think so.
__________________
Visit TCMA Ltd. on Facebook!
Reply With Quote
  #10  
Old 09-09-2016, 11:59 PM
JollyElm's Avatar
JollyElm JollyElm is offline
D@rrΣn Hu.ghΣs
Member
 
Join Date: Aug 2011
Posts: 7,332
Default

Don't you hate trying to read someone's handwriting on your screen? It always seems to take forever to decipher what the heck the person was saying all of those years ago. So, to make it easier on everybody, here's a transcript (is that the proper word?) of the letter posted above. I think I got it all correctly, but if anyone thinks I misinterpreted anything, LMK.

"July 24 - 1974

Gentlemen -
I have the baseball card collection of my late father, who would have been now in his 80’s. It seems to me, to be quite extensive and include two Sweet Caporal Honus Wagner cards, one Piedmont Honus Wagner - two Plank cards and three of Lajoie.

This collection would be for sale - either separately or as a whole - depending, of course, on the Money involved"
__________________
All the cool kids love my YouTube Channel:
Elm's Adventures in Cardboard Land

https://www.youtube.com/@TheJollyElm

Looking to trade? Here's my bucket:
https://www.flickr.com/photos/152396...57685904801706

“I was such a dangerous hitter I even got intentional walks during batting practice.”
Casey Stengel

Spelling "Yastrzemski" correctly without needing to look it up since the 1980s.

Overpaying yesterday is simply underpaying tomorrow.
Reply With Quote
  #11  
Old 09-10-2016, 12:10 AM
ls7plus ls7plus is offline
Larry
Member
 
Join Date: Dec 2010
Location: Southfield, Michigan
Posts: 1,765
Default

Quote:
Originally Posted by ullmandds View Post
Interesting background on the jumbo wags expected to set a record in upcoming auction.

http://www.forbes.com/sites/davidsei.../#5522fba94ca0
Nice, very interesting post, Pete!

Regards,

Larry
Reply With Quote
  #12  
Old 09-10-2016, 07:49 AM
mark evans mark evans is offline
Member
 
Join Date: May 2009
Posts: 605
Default

Thanks Pete, great article.

I've got no special insight into Honus's value, and certainly have no serious money, but the $5 million estimate strikes me as high. If I were to guess, I should think its value to be closer to that of the Gretzky card.
Reply With Quote
  #13  
Old 09-10-2016, 08:22 AM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default

Quote:
Originally Posted by mark evans View Post
Thanks Pete, great article.

I've got no special insight into Honus's value, and certainly have no serious money, but the $5 million estimate strikes me as high. If I were to guess, I should think its value to be closer to that of the Gretzky card.
Ya...i agree... Most auction houses like to underestimate to beat expectations goldin seems to have the opposite philosophy that usually backfires.
Reply With Quote
  #14  
Old 09-10-2016, 09:13 AM
Paul S Paul S is offline
P. Sp.ec.tor
member
 
Join Date: Apr 2011
Location: Landlocked by High Toll Fees
Posts: 2,150
Default

Quote:
Originally Posted by TCMA View Post
I know for a fact he definitely did not buy any other cards from the woman other than the Jumbo. It could be that she was mistaken about what the other cards were but I'm not convinced of that. She knew enough to know that the Wagner, Plank, Lajoie were the coveted cards.

Just speculating here but based on what she claimed was in her collection I wonder if it's possible her grandfather worked in one of the factories. During the 1909 - 1911 period her father would have been just a kid.
Anything is possible, but I would doubt this. The grandfather had no way of predicting what the cards mentioned in the letter would turn out to be - and although we haven't and will not see images of the Plank, and we don't know if she had any other T206s, judging by the Jumbo it doesn't look like scrap. Nor, a few decades later how the Lajoie would turn out. It's possible he was in touch with other private collectors in the late 50s or sixties, or when brief hobby mimeographs began circulating and also the trade pubs were beginning to come out(?). Would be nice to know the family's surname. Did the letter happen to come in an envelope with a return address?

Anyway, it's a great mystery and thanks for sharing the story!
Reply With Quote
  #15  
Old 09-10-2016, 10:08 AM
rats60's Avatar
rats60 rats60 is offline
Member
 
Join Date: Aug 2014
Posts: 2,898
Default I

Quote:
Originally Posted by ullmandds View Post
Ya...i agree... Most auction houses like to underestimate to beat expectations goldin seems to have the opposite philosophy that usually backfires.
What do you think this card is going to sell for? Do you think it will bring 5+, less than 3, or somewhere in between?
Reply With Quote
  #16  
Old 09-10-2016, 11:43 AM
BeanTown's Avatar
BeanTown BeanTown is offline
Jay Cee
Member
 
Join Date: Jan 2010
Posts: 2,036
Default

Over 5m without a doubt. Heck, it could go for over 10 million IF two parties with deep pockets thinks it "market value".
Reply With Quote
  #17  
Old 09-10-2016, 11:57 AM
brian1961 brian1961 is offline
Member
 
Join Date: May 2009
Posts: 1,319
Default

Quote:
Originally Posted by BeanTown View Post
Over 5m without a doubt. Heck, it could go for over 10 million IF two parties with deep pockets thinks it "market value".
Jay, I think you're full of beans!

The fantasized two gents with deep pockets have probably turned their attention to rolling art. If the term is unknown to you, I am referring to a vintage sports car, preferably one with provenance of regal racing history! It won't be a Ferrari, however. Those kind of Ferraris all go for double that $5 million figure, and higher---sometimes much higher.

Keep enjoying those beans, bro. I do. They're good for you. But do try to be away from your loved ones several hours after eating!

--Brian Powell

Last edited by brian1961; 09-10-2016 at 03:19 PM.
Reply With Quote
  #18  
Old 09-10-2016, 12:27 PM
Yoda Yoda is offline
Joh.n Spen.cer
 
Join Date: Oct 2015
Posts: 1,888
Default

With all the AH fireworks over the last 6 months with 50's RC of Mantle, Mays, Clemente, Koufax, Rose etc. going off the price grid, I can't help but wonder if all the new card money eg, private equity boys, hedgies, Chinese money launderers, whoever, will be major players for the Jumbo Hans. I suspect that Goldin has contacts with many of the heavy hitters and, of course, has been promoting the card heavily, so there is bound to be major interest. Of course, we shouldn't forget that there are a lot of deep pockets collectors out there who care more about the card and its' history than being in a major penis measuring contest. I really don't think $5 million is out of the question, but if 2 billionaires end up bidding against each other then watch out. Don't forget some of these people buy works fine art well in excess of $5M all the time. After the Mastro debacle this auction, in my opinion, is about the most exciting hobby event this century. Yeah!
Reply With Quote
  #19  
Old 09-10-2016, 01:30 PM
TCMA's Avatar
TCMA TCMA is offline
Andrew Aronstein
Member
 
Join Date: May 2014
Location: Peekskill, NY
Posts: 1,010
Default

Quote:
Originally Posted by Paul S View Post
It's possible he was in touch with other private collectors in the late 50s or sixties, or when brief hobby mimeographs began circulating and also the trade pubs were beginning to come out(?). Would be nice to know the family's surname. Did the letter happen to come in an envelope with a return address?

Anyway, it's a great mystery and thanks for sharing the story!
Very possible the father was in touch with other collectors through the trade pubs. I do have the daughter's surname but not her father's surname. It'd take some research but I bet I'd be able to figure it out. Could then scour the very early pubs to see any mention of his name.
__________________
Visit TCMA Ltd. on Facebook!
Reply With Quote
  #20  
Old 09-28-2016, 06:42 PM
Touch'EmAll Touch'EmAll is offline
Member
 
Join Date: May 2009
Posts: 1,034
Default Jumbo Wags near close

The Jumbo Wagner closes in 3 days on Saturday Oct. 1. Right now, Wednesday is at $1.9 million. My random crazy guess is ending at $5.5 to $6. million, be shocked if less then $4. million. My question is the (MC) designation - I have only seen severe off center get the (mc) - like (mc) is even worse than (oc). But this card has no (oc) properties, just extra boarder at bottom. Do you think the (mc) is correct for this card?
Reply With Quote
  #21  
Old 09-28-2016, 08:19 PM
swarmee's Avatar
swarmee swarmee is offline
J0hn Raff3rty
Member
 
Join Date: Jul 2014
Location: Niceville FL
Posts: 6,902
Default

Probably gets a higher grade from SGC or BVG. But I don't think that matters to the people buying it. It is one of the best copies of the card there is.
__________________
--
PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
Reply With Quote
  #22  
Old 09-29-2016, 07:26 AM
Cooptown Cooptown is offline
Sc.ott Ver.renti
 
Join Date: Oct 2009
Posts: 155
Default

Quote:
Originally Posted by TCMA View Post
Very possible the father was in touch with other collectors through the trade pubs. I do have the daughter's surname but not her father's surname. It'd take some research but I bet I'd be able to figure it out. Could then scour the very early pubs to see any mention of his name.
Andrew - the article posted refers to a card shop your Dad owned in Cooperstown. Do you remember the name of the shop, where it was located in the village, and the years it was open? I grew up an hour away from Heaven....errr, I mean Cooperstown and frequented it a lot.
Reply With Quote
  #23  
Old 09-29-2016, 07:44 AM
TCMA's Avatar
TCMA TCMA is offline
Andrew Aronstein
Member
 
Join Date: May 2014
Location: Peekskill, NY
Posts: 1,010
Default

Quote:
Originally Posted by Cooptown View Post
Andrew - the article posted refers to a card shop your Dad owned in Cooperstown. Do you remember the name of the shop, where it was located in the village, and the years it was open? I grew up an hour away from Heaven....errr, I mean Cooperstown and frequented it a lot.
Absolutely, the name of the store is Baseball Nostalgia. In-fact it's still open and operated by Pete Henrici, who is still partners with my father in regards to the store. I believe the store opened in 1974 and has been going ever since. It was the first all-baseball shop in town.
__________________
Visit TCMA Ltd. on Facebook!
Reply With Quote
  #24  
Old 09-29-2016, 07:46 AM
TCMA's Avatar
TCMA TCMA is offline
Andrew Aronstein
Member
 
Join Date: May 2014
Location: Peekskill, NY
Posts: 1,010
Default

Quote:
Originally Posted by Cooptown View Post
where it was located in the village
In the early years it was right next to the batting range, steps away from home plate at Doubleday Field. In the late 80's or early 90's they moved across the Doubleday Field parking lot next to the laundromat.
__________________
Visit TCMA Ltd. on Facebook!
Reply With Quote
  #25  
Old 09-29-2016, 09:19 AM
Cooptown Cooptown is offline
Sc.ott Ver.renti
 
Join Date: Oct 2009
Posts: 155
Default

Quote:
Originally Posted by TCMA View Post
In the early years it was right next to the batting range, steps away from home plate at Doubleday Field. In the late 80's or early 90's they moved across the Doubleday Field parking lot next to the laundromat.
Oh my gosh....I know exactly what you are talking about!!!! As a kid, I used to love that store and bought a bunch of old programs, HOF induction cards, etc. from it. It was always very reasonably priced for a kid on a budget. I remember the store next to the batting cages had walls full of 8x10s of both current players and HOFers that I loved looking at.

I still always visit Baseball Nostalgia during my annual trip during HOF weekend. There are certain places where the smells never change from your childhood and elicit an amazing flood of great memories. That store is one of them for me.
Reply With Quote
  #26  
Old 10-01-2016, 08:42 PM
Bliggity's Avatar
Bliggity Bliggity is offline
Dan Bl@u
Member
 
Join Date: Dec 2014
Location: Raleigh, NC
Posts: 919
Default

Looks like the Jumbo has now eclipsed the Gretzky. Currently sitting at $2.88 million with the juice.
__________________
Recovering Relapsed set collector.
Reply With Quote
  #27  
Old 10-01-2016, 11:44 PM
botn botn is offline
Greg Schwartz
Banned
 
Join Date: Apr 2009
Posts: 1,219
Default

Looks like it did well but fell well short of where Goldin estimated.
Reply With Quote
  #28  
Old 10-02-2016, 12:15 AM
1952boyntoncollector 1952boyntoncollector is offline
ja.ke liebe.rman
 
Join Date: Sep 2014
Location: https://www.psacard.com/psasetregistry/mysetregistry/set/348387
Posts: 5,738
Default

Quote:
Originally Posted by 100backstroke View Post
The Jumbo Wagner closes in 3 days on Saturday Oct. 1. Right now, Wednesday is at $1.9 million. My random crazy guess is ending at $5.5 to $6. million, be shocked if less then $4. million. My question is the (MC) designation - I have only seen severe off center get the (mc) - like (mc) is even worse than (oc). But this card has no (oc) properties, just extra boarder at bottom. Do you think the (mc) is correct for this card?
Guess you are shocked as it sold for 3.185M.....still a tidy sum but for many below expectations..
Reply With Quote
  #29  
Old 10-02-2016, 12:28 AM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default

Quote:
Originally Posted by botn View Post
Looks like it did well but fell well short of where Goldin estimated.
as it usually does
Reply With Quote
  #30  
Old 10-02-2016, 06:03 AM
rats60's Avatar
rats60 rats60 is offline
Member
 
Join Date: Aug 2014
Posts: 2,898
Default

Quote:
Originally Posted by 1952boyntoncollector View Post
Guess you are shocked as it sold for 3.185M.....still a tidy sum but for many below expectations..
Unrealistic expectations. The ~50% increase in a few years should have been expected. A 150-200% or more increase would be the shock.
Reply With Quote
  #31  
Old 10-02-2016, 07:07 AM
Stonepony's Avatar
Stonepony Stonepony is offline
Dave_Berg
Member
 
Join Date: Jun 2013
Location: Florida
Posts: 1,622
Default

Quote:
Originally Posted by ullmandds View Post
as it usually does
Are you going to follow that jab with a hook?

Last edited by Stonepony; 10-02-2016 at 07:08 AM.
Reply With Quote
  #32  
Old 10-02-2016, 08:48 AM
1952boyntoncollector 1952boyntoncollector is offline
ja.ke liebe.rman
 
Join Date: Sep 2014
Location: https://www.psacard.com/psasetregistry/mysetregistry/set/348387
Posts: 5,738
Default

Quote:
Originally Posted by Bliggity View Post
Looks like the Jumbo has now eclipsed the Gretzky. Currently sitting at $2.88 million with the juice.
For that type of card i wonder how much of that buyers premium the consignor is able to retain back from the auction house...if BP was 20% is it an industry standard for around 18% of that going back to the consignor with the AH only getting 2 percent plus costs etc? Its not like i will ever have that type of card to find out

Last edited by 1952boyntoncollector; 10-02-2016 at 08:49 AM.
Reply With Quote
  #33  
Old 10-02-2016, 09:16 AM
Touch'EmAll Touch'EmAll is offline
Member
 
Join Date: May 2009
Posts: 1,034
Default Oh, well

Actually, yes, shocked the Jumbo didn't go higher - bad guess, oh, well. Perhaps I was still in that crazy June high market mindset. The Rose, Ryan and Reggie Jackson fell noticeably below estimate - again perhaps well below what we would have seen if this auction was back in June. Positive note - a lot of pre war did very respectable.
Reply With Quote
  #34  
Old 10-02-2016, 10:04 AM
botn botn is offline
Greg Schwartz
Banned
 
Join Date: Apr 2009
Posts: 1,219
Default

Quote:
Originally Posted by ullmandds View Post
as it usually does
Agreed. It did remarkably well but the projections of 4 to 5 million were laughable and not to be taken seriously.
Reply With Quote
  #35  
Old 10-02-2016, 10:21 AM
Touch'EmAll Touch'EmAll is offline
Member
 
Join Date: May 2009
Posts: 1,034
Default Curious...

As it usually does. Hmm, Ok, just curious - the last couple times this or the Gretzky copy went up for sale - what were estimates vs. what they closed?
Reply With Quote
  #36  
Old 10-02-2016, 10:32 AM
steve B steve B is offline
Steve Birmingham
Member
 
Join Date: Sep 2009
Location: eastern Mass.
Posts: 8,087
Default

Quote:
Originally Posted by 100backstroke View Post
As it usually does. Hmm, Ok, just curious - the last couple times this or the Gretzky copy went up for sale - what were estimates vs. what they closed?
I believe the point wasn't the record of estimates vs final price for those two cards, but rather a commentary on auction houses and their estimates.

Some traditionally try to estimate conservatively, thus being able to both promote how well some items have done against the estimate and set a reasonable expectation with a consignor. Others estimate higher, perhaps to get the consignment initially, and/or to encourage higher bids.

Either can work, unless it's overdone. Estimate too low, and they might miss out on better consignments hurting the business in the long run. Estimate far too high consistently and the same will happen as the business gets a reputation for underperforming. It's a constant balancing act, and probably quite challenging.

Steve B
Reply With Quote
  #37  
Old 10-02-2016, 11:07 AM
e107collector's Avatar
e107collector e107collector is offline
Tony N.
Member
 
Join Date: May 2009
Posts: 896
Default

Who the heck spent $315,000 on the LeBron James card!!! Unbelievable!!

Tony
Reply With Quote
  #38  
Old 10-02-2016, 11:18 AM
FourStrikes's Avatar
FourStrikes FourStrikes is offline
ThreadKiller
Member
 
Join Date: Sep 2009
Posts: 639
Default

Quote:
Originally Posted by e107collector View Post
Who the heck spent $315,000 on the LeBron James card!!! Unbelievable!!

Tony
exactly.

and the Wagner is gorgeous, albeit WAAAAAY outta my price range. minus the notoriety of the "trimmed" Wags,
this one is by far a superior - and untainted - example, IMO.
Reply With Quote
  #39  
Old 10-02-2016, 11:36 AM
Snapolit1's Avatar
Snapolit1 Snapolit1 is offline
Ste.ve Na.polit.ano
 
Join Date: Oct 2015
Posts: 5,761
Default

5 million estimate was only off by a couple of mil. Seems a little embarrassing. Is the market that irrational?
Reply With Quote
  #40  
Old 10-02-2016, 11:43 AM
ullmandds's Avatar
ullmandds ullmandds is offline
pete ullman
Member
 
Join Date: Apr 2009
Location: saint paul, mn
Posts: 11,237
Default

Quote:
Originally Posted by Snapolit1 View Post
5 million estimate was only off by a couple of mil. Seems a little embarrassing. Is the market that irrational?
no...just the AH.
Reply With Quote
  #41  
Old 10-02-2016, 01:15 PM
botn botn is offline
Greg Schwartz
Banned
 
Join Date: Apr 2009
Posts: 1,219
Default

Quote:
Originally Posted by Snapolit1 View Post
5 million estimate was only off by a couple of mil. Seems a little embarrassing. Is the market that irrational?
PT Barnum of the hobby. He is never embarrassed. The market is fine and the card exceeded what it could have gone for.
Reply With Quote
  #42  
Old 10-02-2016, 01:48 PM
Sean's Avatar
Sean Sean is offline
Sean Costello
Member
 
Join Date: Dec 2012
Location: Woodland, California
Posts: 3,814
Default

Quote:
Originally Posted by botn View Post
PT Barnum of the hobby. He is never embarrassed. The market is fine and the card exceeded what it could have gone for.
Funny, I remember a couple years ago when they sold a T206 Cobb/Cobb back for more than expected. One of his employees came on here to remind us how we (I) doubted that he could get that much for the card.
I'm guessing he won't be posting about this auction.
Reply With Quote
  #43  
Old 10-02-2016, 05:26 PM
mechanicalman's Avatar
mechanicalman mechanicalman is offline
Sam Sw@rtz
Member
 
Join Date: Mar 2015
Posts: 1,134
Default

The SGC 98 Ryan Rookie seemed to go for a bargain compared to the one listed on eBay for $795k, or 6x the price. But the Goldin one doesn't come with eBay bucks, so there's that...
Reply With Quote
  #44  
Old 10-03-2016, 01:25 PM
clydepepper's Avatar
clydepepper clydepepper is offline
Raymond 'Robbie' Culpepper
Member
 
Join Date: May 2014
Location: Columbus, GA
Posts: 6,931
Default Goldin Faux Estimate

1957 Drysdale PSA-9 was estimated at 15K, sold for $40K

WOW?


.
__________________
.
"A life is not important except in the impact it has on others lives" - Jackie Robinson

“If you have a chance to make life better for others and fail to do so, you are wasting your time on this earth.”- Roberto Clemente
Reply With Quote
  #45  
Old 10-03-2016, 06:12 PM
drcy's Avatar
drcy drcy is offline
David Ru.dd Cycl.eback
 
Join Date: Jul 2013
Posts: 3,466
Default

Estimates are sometimes nothing more than marketing devices.
Reply With Quote
  #46  
Old 10-04-2016, 10:47 AM
brian1961 brian1961 is offline
Member
 
Join Date: May 2009
Posts: 1,319
Default

Quote:
Originally Posted by drcy View Post
Estimates are sometimes nothing more than marketing devices.
However, a good auction house will try to express some idea of what they believe the piece is worth. Really, in the end, if "the deep pockets" are on the scene and have done their research, the auction action will dictate the market price.

Still, 312K for the Lebron James autographed card? --Brian Powell

Last edited by brian1961; 10-04-2016 at 11:53 AM.
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Dude- Jumbo T206 Wagner back on the block Archive Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 31 12-18-2008 04:36 PM
I saw the T206 "Jumbo" Wagner and Ty Cobb back at National today!!! Archive Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 0 07-31-2008 10:26 PM
Ruth or Cobb for a type card....or maybe a Wags? Archive Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions 8 02-27-2008 01:39 PM


All times are GMT -6. The time now is 01:52 AM.


ebay GSB