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-   -   The Ohtani 50 50 ball -- lawsuit to stop Goldin Auction (http://www.net54baseball.com/showthread.php?t=353644)

oldjudge 10-22-2024 02:22 PM

LOL, the 50/50 ball. Does anyone think that the odds are at least 50/50 that the buyer will be able to recover his or her money in the future if they decide to sell? I sure don’t. In my mind this is just another “more dollars than sense” purchase.

Lorewalker 10-22-2024 03:28 PM

Quote:

Originally Posted by oldjudge (Post 2469369)
LOL, the 50/50 ball. Does anyone think that the odds are at least 50/50 that the buyer will be able to recover his or her money in the future if they decide to sell? I sure don’t. In my mind this is just another “more dollars than sense” purchase.

Does not seem like a good investment but not sure we can ignore that someone for Ohtani might be bidding on his behalf.

packs 10-22-2024 03:30 PM

If I hit the home run I don't feel like I would need the ball and certainly not to the tune of a few million bucks.

Aquarian Sports Cards 10-22-2024 03:55 PM

Quote:

Originally Posted by Lorewalker (Post 2469390)
Does not seem like a good investment but not sure we can ignore that someone for Ohtani might be bidding on his behalf.

Or his interpreter might be bidding with his money but without his knowledge.

I tried to find a picture of Kevin Spacey's character from Midnight in the Garden of Good and Evil bidding in an auction from jail to complete the image, but alas, no luck.

Lorewalker 10-22-2024 08:18 PM

Quote:

Originally Posted by packs (Post 2469391)
If I hit the home run I don't feel like I would need the ball and certainly not to the tune of a few million bucks.

Maybe he does not need it but wants it. He can more than afford it however he does not strike me as a player with an ego...not that wanting your HR ball necessarily means you have an ego.

Peter_Spaeth 10-22-2024 11:01 PM

3.6 million pre vig and still going.

jayshum 10-22-2024 11:31 PM

Quote:

Originally Posted by Peter_Spaeth (Post 2469522)
3.6 million pre vig and still going.

That's where it ended so $4,392,000 total. Over $1 million more than the McGwire 70th home run ball originally sold for.

Aaron Seefeldt 10-23-2024 02:47 AM

Don’t forget the $32,419 in shipping… ouch!!!

calvindog 10-23-2024 04:04 AM

Whoever bought this will luckily for his sake be dead when his heirs resell it for a fraction of the price. I wouldn’t want to see that either.

oldjudge 10-23-2024 04:48 AM

Tulips or Ohtani ball, Tulips or Ohtani ball? I can't figure out which I would choose.

calvindog 10-23-2024 06:50 AM

Couldn’t the ball have been bought a couple weeks ago for $2.5 million?

jayshum 10-23-2024 07:16 AM

Quote:

Originally Posted by calvindog (Post 2469571)
Couldn’t the ball have been bought a couple weeks ago for $2.5 million?

No, it was $4.5 million so the buyer saved a little over $100,000. Good deal.

https://sports.yahoo.com/shohei-ohta...190545705.html

Brendan 10-23-2024 07:42 AM

Quote:

Originally Posted by jayshum (Post 2469580)
No, it was $4.5 million so the buyer saved a little over $100,000. Good deal.

https://sports.yahoo.com/shohei-ohta...190545705.html

I think the $4.5 million was pre-vig too, so they saved a million.

OhioLawyerF5 10-23-2024 07:47 AM

Quote:

Originally Posted by oldjudge (Post 2469369)
LOL, the 50/50 ball. Does anyone think that the odds are at least 50/50 that the buyer will be able to recover his or her money in the future if they decide to sell? I sure don’t. In my mind this is just another “more dollars than sense” purchase.

Why does everything have to be an investment? Why can't we buy things because we enjoy them and want to have them?

People investing in sports cards/memorabilia expecting a return on their investment greater than they could get with other, more profitable investments are the ones with more dollars than sense. People buying sports cards for the love of it are the ones who get it.

And frankly, I'm not too worried about the financial well-being of someone who can spend millions on a baseball. And neither is that person.

Republicaninmass 10-23-2024 09:55 AM

Some rich person bought it, and it will be a signal the the masses to buy more sports memorabilia at inflated prices akin to an investment to one day sell your item for 4.5 million.

Peter_Spaeth 10-23-2024 10:04 AM

Presumably there's more than enough money now for the claimants in the lawsuit to reach an allocation.

Gary Dunaier 10-26-2024 09:01 PM

Keo Goldin made this announcement on Twitter a couple of days ago:

"The Winner of the Most Valuable Baseball of All-Time, the Shohei Ohtani 50th Home Run Ball, is a Corporation in Taiwan. They love Baseball and Shohei Ohtani."

He also said the buyer's identity will be revealed after the World Series.

Source

D. Bergin 10-27-2024 11:13 AM

Quote:

Originally Posted by Gary Dunaier (Post 2470505)
Keo Goldin made this announcement on Twitter a couple of days ago:

"The Winner of the Most Valuable Baseball of All-Time, the Shohei Ohtani 50th Home Run Ball, is a Corporation in Taiwan. They love Baseball and Shohei Ohtani."

He also said the buyer's identity will be revealed after the World Series.

Source


Funny...TSMC stock took a bit of a bump after that was announced. Does Ohtani also include "influencing the stock market", among his many skills? Already paid for that ball many times over.

:eek:

:D

SyrNy1960 10-27-2024 11:54 AM

As a game used collector, I can't stand stickers being placed on game used items. Annoys the heck out of me every time I see it!

oldjudge 10-27-2024 01:32 PM

Quote:

Originally Posted by Gary Dunaier (Post 2470505)
Keo Goldin made this announcement on Twitter a couple of days ago:

"The Winner of the Most Valuable Baseball of All-Time, the Shohei Ohtani 50th Home Run Ball, is a Corporation in Taiwan. They love Baseball and Shohei Ohtani."

He also said the buyer's identity will be revealed after the World Series.

Source

LOL, isn’t there a restriction on national treasure’s leaving the country?

Gary Dunaier 11-03-2024 07:43 PM

The buyer was a Taiwanese investment firm, UC Capital.

Kyodo News: Ohtani's historic 50-50 ball bought by Taiwanese company

SI.com: Who Was The Winner Of the $4.4 million Shohei Ohtani Ball?

Sports Collectors Daily: Taiwanese Company That Won Auction for Ohtani Ball Hopes to Display It

rlevy 11-03-2024 08:01 PM

There have been 2 bidders going at each other for the last hour trying to win the baseball Ohtani hit for a double in Game 1 of the World Series. Hard to believe one of them isn't the same investment company that bought the 50-50 baseball. Current bidding is at $300,000. MLB auctions have a five minute clock extension after every bid. This may go on for a while if both have unlimited funds and desire.

Rick

https://dodgers.auctions.mlb.com/202...88#bid-history

Actually closed at $302,000.

Gary Dunaier 11-09-2024 07:09 PM

Quote:

Originally Posted by rlevy (Post 2472608)
There have been 2 bidders going at each other for the last hour trying to win the baseball Ohtani hit for a double in Game 1 of the World Series . . . . . Actually closed at $302,000.

A contextual bargain!

Thanks for posting the link. When I first saw it the current high bid was 20-something thousand dollars, and I was amazed. But I guess when it comes to Ohtani, all bets go out the window. (No pun intended. Okay, maybe just a little.)

Meanwhile, I was thinking that if he hit a home run in the World Series, that ball would be worth a million, at least. And since the sale of the 50/50 ball was just about a week earlier and presumably still fresh in the minds of even non-collectors, I can't imagine the Dodgers even pretending to make an offer to the fan who got it. (Heh... and if it had happened in Yankee Stadium, I wonder if whoever would have caught it might have gotten caught up in the heat of the moment and thrown it back... :eek:)

todeen 11-10-2024 12:37 AM

This is similar enough that I'm not starting a new thread. SC Man is Suing Marlins and Dodgers for Base From 50/50 Game.

https://www.independent.co.uk/news/w...-b2643362.html

Sent from my SM-S926U using Tapatalk

D. Bergin 11-10-2024 11:06 AM

Quote:

Originally Posted by todeen (Post 2473893)
This is similar enough that I'm not starting a new thread. SC Man is Suing Marlins and Dodgers for Base From 50/50 Game.

https://www.independent.co.uk/news/w...-b2643362.html

Sent from my SM-S926U using Tapatalk


Hmmm, interesting and complicated. I was ready to say the guy was full of sh*t, but not sure after reading the full article.

Does a sales rep have the power of being responsible for a "verbal contract", without an invoice being sent out, or payment made?

Signed - Definitely NOT a lawyer

todeen 11-10-2024 11:24 AM

Quote:

Originally Posted by D. Bergin (Post 2473947)
Hmmm, interesting and complicated. I was ready to say the guy was full of sh*t, but not sure after reading the full article.



Does a sales rep have the power of being responsible for a "verbal contract", without an invoice being sent out, or payment made?



Signed - Definitely NOT a lawyer

My father was a big business guy. He ran Marlboro sales in the state of Montana. Set up concerts, air shows, snowmobile races. When he talked to anyone over the phone for personal stuff like banking, home repairs, etc, he always wrote down employee names and call back numbers, especially if he dialed a 1-800 number. I thought he was weird. If this guy wrote down any Marlins rep information, I would think he would have quite a case to make. My true opinion is this will be settled out of court.

As to why the Dodgers took all the bases, I assume one is going to the HOF.

Sent from my SM-S926U using Tapatalk

D. Bergin 11-10-2024 11:33 AM

Quote:

Originally Posted by todeen (Post 2473953)
My father was a big business guy. He ran Marlboro sales in the state of Montana. Set up concerts, air shows, snowmobile races. When he talked to anyone over the phone for personal stuff like banking, home repairs, etc, he always wrote down employee names and call back numbers, especially if he dialed a 1-800 number. I thought he was weird. If this guy wrote down any Marlins rep information, I would think he would have quite a case to make. My true opinion is this week be settled out of court.

Sent from my SM-S926U using Tapatalk


Sounds like he had e-mail communications with the rep. Would that be enough to claim ownership?

Rep also threw in the caveat that they don't want to invoice him before the event actually takes place. Would that be enough to qualify for some sort of extenuating circumstances argument?

Gary Dunaier 11-17-2024 10:34 PM

The Ohtani 50-50 ball is now on display in Taiwan.

The Athletic: Shohei Ohtani’s 50th home run ball goes on display inside Taiwan skyscraper

https://pbs.twimg.com/media/GcPdwF-b...pg&name=medium

Republicaninmass 11-18-2024 09:22 AM

Just shows to go ya
..Your collectibles will be worth future millions as well!

Invest now with Don West and Ken Goldin!

Signed

-1990

Gary Dunaier 11-20-2024 09:56 PM

If you missed out on the Ohtani 50-50 ball, you might have a shot at the Freddie Freeman grand slam ball from Game 1 of the World Series. It probably deserves its own thread, but given how much the Ohtani ball went for, and the historical significance of this one, I'm guessing it'll go for at least a million.

Freddie Freeman's historic World Series grand slam ball to hit auction block

(Screenshots show Freeman about to make contact with the ball, and the ball in flight)

https://live.staticflickr.com/65535/...ba0004d8_b.jpg

https://live.staticflickr.com/65535/...2efa2a1c_b.jpg


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