right but they were saying that years ago when it was approaching 100k that it wouldn't maintain that level...plus maybe they lose out on one or two of these types of buys and only make out once...but if bought the mantle 10 years ago you are making 350k and if the card went to zero after buying it 10 years ago you are losing 60k so could lose 5 times and be right once and still make money....if you have that bankroll

...I would hope the guys that spend 400k have some type of business background..who knows.

You realize that you're on a message board that specializes in pictures of guys on pieces of cardboard, right?

Well, yeah. I'm just suggesting that there might be other things more significant to spend half a million dollars on than a picture of Mickey Mantle.

500K to that buyer may be like 1k to you or I....it all the same thing..i know lots of non collectors who would say there may things more significant to buy other than a baseball picture even for 40 bucks...

It's not really the same as far as the point I was making. It wasn't about relative wealth. My point was about the significance of a 52 Mantle.

Using the coin example, for $40, I can buy some cards or I can buy some coins. None of the coins in the $40 range are going to be significant historical artifacts. They're going to be common just like the cards.

But for $500,000, I could possibly buy any number of coins with great historical significance, that far outweighs a 52 Mantle. I could buy a Roman Sestertius commemorating the opening of the Colosseum in 80 A.D. for instance.

Maybe a 52 Mantle is worth $500,000 to some people but I have a different perspective.

This is a Card that Always brings back a Memory of a "Youth iN the Hobby!"

Back iN the DaY... a 14 year old who was buying some "cards of interest" from me, Purchased a PSA 4 Plank for 6 Grand!
(He didn't get the Plank from me though!)

His Dad was backing his Buys...
As the Youngster continued to put together "The Set of the Monster".
At THaT TiMe... I thought THaT having a Dad with Cash & HiS BaCKiN was
SuCH a GRaND INVesTMeNT!!!

The Plank Card Reminds me of THeM...
And HiS DaD I'm Sure Will Forever Believe THaT...

"HiS BoY iS a Genius!!!"

KNoW How Cool iS THaT!?!?

For a half million you could get a pretty respectable work of art as well.

I pretty sure however is buying the mantle also has nice works of art too...

+1
I would much rather have a picture of Babe Ruth. :D

They aren't buying the picture of Mantle, they are buying the PSA flip.

There's probably more than a bit of truth in that Peter.

$500,000 to these bidders is probably just pocket change to them. :eek:

Excellent point.

right cause you sell the holder not the card......until i ever see a post on ebay that says 'bad card for the grade' or 'techinal aspects of the card are much worse than the grade'


Though like when i see a seller say 'good card for the grade' then i assume any of his other postings are not good for the grade....just like a realtor or baseball cards seller saying 'priced to sell'...to me than means every other listing from that seller or realtor that doesnt say that is 'priced not to sell' when they are the ones using that priced to sell lingo...

Huh?

Law of exclusion. It's the opposite of the law of inclusions. The law of inclusions says something that is inside something else came first. It's why the chicken came before the egg too :).

He is saying something that is excluded necessarilly has a characteristic of being "not" what the other offer is including. I think I just made less sense than he did.

Haha, thanks Leon! My takeaway: A high grade card is an egg and you should buy a chicken before you sell all your eggs.

Whoa.

correct..not sure how someone didnt understand it.

sort of like saying to a girl 'did you lose weight, you look nice'...girl says 'so yesterday when you saw me, i looked fat and ugly?'

A fine example of how all collectibles are more about things like how popular the subject is and how people relate to the items.

I wonder ---Ok, not really since I'm pretty sure I know the answer.

If you put The 52 Mantle, the 1795 gold coin and a half million dollar piece of art in three storefronts next to each other sideshow style charging some minimal bit to see it - Which would have the longest line?

The likely answer isn't the one I like, but that's sort of the point.

Steve B

Very interesting, I know I would be in the art line everyday and twice on Sunday. 52 mantles are far from rare and I couldn't care less about a chunk of metal but that piece of art is a different story.

all of this isn't about popularity..what costs more I guess doesn't always mean whats most popular..but this is about money....as there was an argument of having 'money left over' ....tom cruise makes more money in a movie than LeBron james makes in a season on an nba contract....is he more popular.? who knows but get gets paid more money..

popular or not..rare or not...someone is willing to pay more for a 52 mantle high grade then the coin we are talking about..

I would buy a mid grade Mantle and head for the art line.

I would totally be in the art line with you also sir.

The constant argument in my mind is between buying cards or art and to be honest my best investments have consistently been in the art world.

Lately, the cards win most because it's a hell of a lot easier to slide a card past the wife than something appearing on the wall. :D

except if you go on a cruise your wife will bother you to buy some peter max artwork that has like one brush stroke of original art on it...and she will want the artwork and to also finish her free champagne.

If I had 500k to blow on art or cards I think I'd get the Mantle in a 6 or 7 and have enough left over for a t206 wagner psa or sgc 1.

Right now I know I am in the minority, but I would run from 52' Mantles at this moment like buying a home in the spring of 06'.

They will never be cheap but the market can't sustain this.

That's about 19% compounded annually, which is a figure a lot of quality collectibles have reached or surpassed, but they usually slow down in their rate of appreciation by the time they reach that level or before. Lots and lots of the big boys want that card in that condition and centered!

All the best guys,

Larry

The '52 Topps Mantle is a card that connects you to the player and takes you back to the time, a time when rooting for the Yankees was like rooting for U.S. Steel, and the Mick was overflowing with the indominatable vigor of youth, chomping at the bit to perform wondrous feats (such as winning 12 pennants and 7 World Series in the course of his first 14 years in the league)! It's a slice of both the time and his life, just as the 1795 coin is a slice of early America. Your last statement is the same as saying that the 1795 $10 gold piece is just a piece of metal dug out of some rock or stream and stamped into a circle under pressure a long time ago. That is simply not the way collectors view Americana. For a baseball lover, one who lives and breathes its history, the Mantle is far more than likely the more significant item of the two.

Best regards,

Larry

+1 Collectors have more passion when they connect with something.

1952 Mantle PSA 8
 

Anyone for floating the rumor that this card appears to be trimmed?

:D:D:D:D:D:D:D
.
.

I'm currently winning Gettysburg Eddie =)

Josh- since you have THAT much money, please send me a PM so I can give you my mailing address for any extra $100 bills you have lying around.

:eek:
.
.

So is it Fair ta say that Players like Harper, Trout, Goldschmidt & the Likes will be all the Rage 20-40 years from now!
The New Money will have ta Collect someone... RiGHT!?

Maybe that's why the new shinny Rookie's are goin fir crazy money even before this boys even touch the Major's...

Ohhh and I'm not one who believes that the Mantles are gonna do a nose dive when us baby boomers die off... Sure they'll be a baseline, but a nosedive is a much different theory.

Anyone notice a couple of bid retractions on the Plank? Same bidder is leading on the Mantle, perhaps all in on the Mick or? Has about 30 bids on that auction. Can never understand why someone needs to bid 30/40 times on one lot?

The timing of the two bids, and retractions, is odd.

Member Id: -***o( 1271Feedback score is 1000 to 4,999) Retracted: US $62,000.00
Bid: Nov-04-15 21:53:00 PST
Retracted: Nov-04-15 21:54:20 PST
Member Id: -***o( 1271Feedback score is 1000 to 4,999) Retracted: US $60,349.00
Bid: Nov-04-15 21:54:39 PST
Retracted: Nov-05-15 12:32:57 PST

My guess is PWCC cancels all bids from that guy. And then eBay cancels the account.

A thread on CU mentions bidder 1271 as well. I was able to click on the link earlier and besides having so many bids on the Mantle, the bidder had a relatively high number (can't recall how many) of relatively recent bid retractions as well.

not so good....

http://offer.ebay.com/ws/eBayISAPI.d...p2047675.l2565



.

Well we've seen it b4...are we seeing it again? Will the mantle and plank sell legitimitely???

1271 is the high bidder on the Mantle.

Maybe he checked his wallet and realized he only had $470,000 and just couldn't afford the additional 60k for the Plank. :D

This Plank sold for 75k in 2010, so if it does sell it will probably result in a big loss. Does anyone feel this card in overgraded?

He is the high bidder again, what the heck is going on?

He checked under the couch cushions and found the 60k he needed for the Plank.

62k and counting......great card

I think the card is graded at about the right grade. Back is a little questionable but the front is pretty damn nice.

Plank ended at $71,732.


Steve

That seems like a strong price. Good for all involved.

PWCC Response
 

Wanted to quickly chime in on this auction as there was some discussion over a single bidder with a feedback score of 1271.

The bidder in question has eBay ID: d-drodeo

This member is an aggressive participant in the hobby and bids regularly with us, as well as most catalog auction houses.

I want to first be clear that bid retractions are something we absolutely despise and are working very hard with eBay to bring about some changes (hoping to announce some progress on this in the coming weeks).

Some further color on this auction is that after the retractions were issued, I was informed by eBay and they had actually retracted the second bid themselves in response to a prior retraction which was issued by d-drodeo (they also manually removed a bid on a 1954 Banks PSA 8). We have empowered eBay to monitor our auctions and take action if/when impropriety occurs and in this case they acted in response to this users initial retraction which was in violation of policy. eBay us testing some news tools currently and those tools are not yet fully vetted; case in point, it still appears that the retractions occurred at the hand of d-drodeo when they should say 'administrative cancellation' or something similar.

Once the dust settled we reached out to d-drodeo and explained the impropriety of having retracted the first bid. They understood our concern and then agreed to reinstate the first retracted bid at $62,000. They apologized for their actions and said what many people have said before... "I didn't realize it was against the rules".

This is a great example of a system which is flawed. eBay has rules on bid retractions but they don't enforce them and the only way we can educate users on our personal company policies is after that first retraction has been placed. eBay needs to enforce their own rules and we are working with them to accomplish this.

We can also say with confidence that none of the other 9 retractions on d-drodeo's account have been placed with PWCC Auctions, otherwise this matter would have been addressed at an earlier time.

Regards,

Brent Huigens
PWCC Auctions

Thank you for reaching out to confirm the bids were validated.