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who is the seller?
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There are only 22 Cobb's now. There are at most 100 wagners so Cobb is more rare.
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I would imagine that the sale of two would bring in enough money that the sellers don't need to be in a hurry to sell the other 5. If they sold the 1.5 and a 2.5, they still hold the 2 highest graded Cobbs and 5 of the 7 highest graded. They can afford to sit on them until a buyer meets their price.
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I just posted something similar in the poll thread but wanted to include it here as well. As far as I know, the Ty Cobb with the Cobb back a glossy card (save for one: http://www.t206museum.com/page/cardweek_5.html).
It might be that Ted is arguing the the standard, no-gloss portrait is in the 524 and the glossy portrait is #525 because of the gloss and not because of the back. |
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I'm guessing you saw Bigfoot in your backyard the night you were abducted by aliens. |
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First, I believe this is a massive find. But if there is a card that this could happen, the Ty Cobb back is one that makes the most sense. Since it would be the only card added to the tin, Uncle Joe going to town on Ty Cobb Tobacco would have pulled out one of these with each tin bought. Can't say that about a Wagner. He would be competing with hundreds of other players with every pull from a cig pack. |
Also, kinda funny thought.
Uncle Joe buying Ty Cobb tin tobacco every week. He gets to the 8th, 9th, 10th, etc card and he's thinking...... "....I don't need this, I already have like 6 or 7 of these" |
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I don't believe any of the Ty Cobb tobacco Tin Ads state that a card is inserted in them. It appears that these sold well according to the articles. First, if these were placed in the tins , there would have to be a lot of them issued. Not only 20 or so. Secondly, if they were randomly inserted, how could only 1 or 2 people get most of them ? Doesn't make any sense to me .
My theory is I believe they may have been given away at a banquet or were given out at the Ty Cobb Auto business ( which he was very involved with in Augusta ) during the Spring of 1910. See attached from the book "War of the Basepaths ". The recent find stated that their grandfather traveled in Georgia. Why are some glossed and some are not I don't have any idea ? Does either one have tobacco stains ? |
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I was looking through copies of Lew Lipset's The Old Judge newsletter, and here's an entry from August 1987 where Lew gets his own Cobb-Cobb.
(I edited the image to include the newsletter's heading with the relevant paragraph/picture.) Cheers, Steve |
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FR Penn did have a presence in Atlanta, one of the sons lived there and ran distribution for that region. Another son was located in San Francisco - I'm still waiting for the big Ty Cobb find from the Bay area :) |
Although the population of cobbs increased by 7, all the publicity of the cards will make the demand very high for these cards.
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It appears the PR might even be driving the price of regular Cobbs. Some strong prices on red Cobbs with PWCC last night.
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+1
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Empirically speaking, David Hall's master T206 set is about 95% complete at approx. 5000 - T206's. This number translates to the final front/back permutation count of 5200 - 5300 T206's. TED Z . |
Another one sold
One more sold. Now there are four left.
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-Owen:) |
That's correct. The 1.5 and two 2.5's have sold. The four left are two 2.5's, a 3.5, and the 4.5.
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WOW...
Is that all the known Wagners? |
Pics from the Wagner gallery:
http://t206resource.com/Galleries.html Quote:
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Without getting too far off topic, any information about how much the super low grade Wagners have gone for? Figure that would be interesting.
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The last Wagner PSA 1 sold for $400,000.
I've heard that a PSA authentic was offered for sale for $300,000. I don't know if it sold. |
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Looks like the first 3 sold for more than $1 million total.
http://www.sportscollectorsdaily.com...rd-card-sells/ "Of the seven cards in the “Lucky 7” find of T206 Ty Cobb backs announced last week, four remain. The cards, discovered last month while family members were cleaning up the contents of an old house in the southeastern part of the country, became a national story. Sent to PSA for grading and authentication, they were assigned grades ranging from 1.5 to 4.5 with four of the cards rated 2.5 (G-VG). Two sold almost immediately and PSA tweeted another sale of a 2.5 on Wednesday. PSA President Joe Orlando says the three cards brought more than $1 million combined. While we don’t know the prices for the remaining cards, PSA has updated the value of Cobb backs in its price guide. In its recently published March edition of the Sports Market Report, the value of a PSA 2 Cobb with Cobb back was $195,000. It’s now listed in the company’s online report at $225,000. A 2.5 is given a value of $315,000, a PSA 3 jumped from $250,000 to $375,000 with a 3.5 now at $500,000 and a 4.5 pegged at $750,000. Those figures would put the value of the find at $2.68 million, although it’s likely the selling prices may be slightly greater than the values placed in the guide." |
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the 'cheaper' ones always sell first...
however the fact the cards got bought in a pocket listing as it were versus a MLS listing means to me that there is still more added value again for these waterside property cards.. we are sure to see some of these cards that were bought to be listed with Heritage etc and get a bigger price as everyone will get a chance to get off the sidelines and bid.. ....the issue will be if the same card bought at auction is then listed again, will it go for higher.... but for the first public auction its pretty safe to say the buyers will make a nice profit.. funny how POP goes up and value goes up... |
If those three sold for over a mil that's basically half the price of the equivalent graded t206 Wagners. So what would you guys rather have? 2 Cobb backs or 1 Wagner of the same grade?
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:) |
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It is counter intuitive to basic economics until you bring in supply/demand. I would wager that these rarely go up for sale until recently. That makes prices stuck on old sales. Now that a few are getting gobbled up, it both updates the pricing and shows that even w 7 new ones the market is still wildly under supplied . Sent from my iPhone using Tapatalk |
Considering the quality of the 2.5's and above. It is not surprising if you have the $$$ you would want one of these beauties in your collection. Most of the ones before are beaten up and have creases.
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Just saw a tweet from Joe O over at PSA, that the PSA 4.5 Cobb/Cobb was sold today.
Steve |
Then there were 3 :D
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Any word on what it went for? I heard the asking price was 2 mil for that one.
It seems the consignor has done pretty well so far, although I have to wonder what would have happen if a couple, or all of them had ended up at a major AH. |
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Saying that one or more of these cards will likely pop up at the national is not much of a stretch. The odds of seeing one with an astronomical price at someone's table is certainly likely... As is the chance one will be sold at auction.
Not exactly Nostradamus like predictions . |
One guy has bought at least two of them, and is trying to flip one. I heard he bought three, but perhaps just rumor mill.
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by the way who thinks one of these cards will pop up on EBAY before the National......the news would probably cover it as a follow up to the lucky 7 find.....the news likes to talk about million dollar sports cars on ebay from time to time and i would think they would do it with a sports card especially since it was in the new already |
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I believe he was claiming PSA would give it an "authentic" versus a numeric grade if it was real. Joshua Van Pelt |
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Has anyone seen the listings on eBay that reference the Lucky 7 find? Apparently there were a few reprints found in that bag as well. love the hustle.
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WOW...so far sales of 4 of the 7 appear to have netted between 2-3 mill.
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I received the latest SMR a few days ago, and was just reading the story on the Lucky 7 find, when I noticed something about the cards. It appears there is a difference between the cards.
Specifically, four of the cards (cert #s 25470302, 25470303, 25470306, 25470307) have the normal black border around the portrait and red background. The other three cards (cert #s 25470301, 25470304, 25470305) do not have the black border. Additionally, on the four cards with the border, the olde-english D on Cobb's uniform is black, while it is gray on the three cards without the border. Interestingly, there does not seem to be any difference in the black shade of Cobb's collar; it is black on all the cards. I wonder about the previously known Cobb/Cobb cards, and how they match up. Steve |
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