Eddie Plank ☆ Ebay
 

So how often does a Mr. Eddie Plank T206 go on sale on EBay?

Not Very many....that will be a great auction to watch.....

http://www.ebay.com/itm/1909-11-T206...YAAOSwo6lWMm8d


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Isn't there a rule about outing current auctions?

Does that silly rule apply here too?

This is one of those cards that's grandfathered in. If you're willing to purchase this card, you already know about it. And is eBay hosed for anyone else?

Yep, it's jacked up for me too.

Seriously?

if you see a real T206 Wagner on ebay...not fair to out it....that way I can maybe snag it for a few hundred.....don't draw attention...that way I may be the only one that's willing to bid the few hundred to get it

lol

PWCC states this is the "#3 Most Important Card in the Hobby"

After, of course

#1 that Uncle Sam guy on the T209
#2 T205 Wilhelm "suff red" (or is it the other one?)

Some awesome items in that auction, for sure. I'm sure I will bid on and lose many auctions. One question: is it me, or is the "Certified High End" designation being used a bit liberally?

heck yeah..and I wonder why they do certified high end on grades with a half grade.....there usually POP 3 or less in half grades....so high end for the grade..means best out of 3 cards? haha

Well, I've already been left in the dust (I was the fifth bidder on it) :(

The only other ebay Plank I can remember was in 2003/04 timeframe. I think the seller was someone like "Big Ed's" or something in Pennsylvania. It was either a PSA 1 or 2 that went for $16,300, with my bid at $16,200 :mad:

T206resource.com has either 4 or 5 Planks listed as selling on ebay over the years.

Steve

45K after just five hours. Wow.

No one has a sense of humor around here anymore?

Good deadpan, missed it.

Never has been and doubt there ever will be. Sometimes it's frowned upon and I wish members wouldn't but there is no rule.. I doubt it makes any difference with a plank...

Mantle is at 300K after about five minutes. Same two bidders bidding it up as the Plank, interestingly.

http://www.ebay.com/itm/1952-Topps-M...EAAOSw5VFWMpF8

Heck, anyone see the '52 Topps Mantle PSA 8?

Yea, it's been advertised ahead-of-time, but still.....

less than 1/2 hour in, and it's over $300K!!!!!

Steve

3 years ago, a PSA 8 52 MM was around $80k, wow.

Wagner, similar huge increase...but...

The Plank however, has been flat for 20 years, no huge spike.

Auctions go two ways usually...80% of the sale price bid beginning of auction..or 80% bid toward end of auction.. (maybe not that exact percentage but you see what I am getting at)

never understood why sellers get excited about early action that's still below market price...if its above market price early on...that's a whole different scenario...but if the bidding is still under market...makes no difference to me if early action or late action..

Incorrect
 

Not true as Im the high bidder with just one bid

Attachment 209933

PWCC is getting a tremendous number of quality consignments, and a lot of "the big boys" are becoming well aware of it. The Mantle is in line with recent sales from what I would have thought were better known auction houses.

Best,

Larry

eBay is the real winner


Sent from my iPhone using Tapatalk

$425k now after just over a day. That's more than I thought it would close at.

already getting to price ranges higher than most auction houses..if they pay by credit card they can get up to 2% cashback so that's like 8k+ right now and don't forget $100 in ebay bucks!

I have no idea who consigned this collection to PWCC, but Christ is there some key cards of the collecting world in there.

I have a hard time thinking they have had a more impressive group up at one time before.

unfortunately for me the early 1950s topps isn't very good compared to almost any month.......

Whoever's collection this is sure is seemingly paying a butt load in fees. Not only are the ebay fees passed along, but whatever fees they are paying PWCC as well. That's insane. PWCC is having to do no marketing, no auctoin hosting, anything. They just slap it up on eBay like the consigner could have done himself.

The Mantle was sold in 2005. :eek:

http://legendaryauctions.com/LotDeta...entoryid=49555

I was outbid at like 1 in the morning...don't remind me

I believe the eBay and PayPal fees are covered in the PWCC fees, so they are not purely incremental. If the consignor sold them himself directly on eBay, the total selling fees would probably be in the same range. And while they don't send catalogs (which are probably unnecessary and wasteful in the digital world), they do seem to invest in online marketing like emails, banners, etc., perhdps much as any AH.

I have no vested interest to defend PWCC; just trying to help clarify my understanding of the facts.

They pay PWCC a flat rate of 8%, assuming no discount. That includes eBay fees and shipping. Buyer has no fees so they can bid about 20% higher. This is WAY better than an AH.

I wonder if ebay made any sort of agreement to waive fees, or take reduced fees for these auctions? With ebay losing business to auction houses in recent years, seems like a good strategy to be able to show strong results on high end cards. That would be serious incentive to make concessions on the fees in order to get the exposure of high end auctions with positive results.

Well then how is PWCC making any money? Isn't ebay fees between selling and then paypal fees above 8%? PWCC is doing this for free?

My bet is that ebay is doing this for free. Think of the positive publicity they get with high end auction results better than/comparable to AHs, but without the buyer's premium.

no they are less for a power seller. 5% or possibly capped as well I am not sure......that's why it makes sense to consign to pwcc..you are getting charged less fees overall with him on the higher dollar cards then you would if listing them on your own....so you net more if sell at the same price

Ebay fees cap at $200 for top rated sellers, so pwcc will be fine on the sale :)

Eddie Plank ☆ Ebay
 

It's actually the opposite of everything you said.

I agree with others who have said this entire statement is completely incorrect. With PWCC you pay no ebay or paypal fees, it's all included in his fee. I would also assume that he offered a discount from his 8% rate to get this card. He does market his auctions. The consigner could have put it up himself but who is going to bid $400k plus on an ebay listing from a seller with say a feedback score around 100? Or even 1000? I'm sure the consignor will net much more this way. Without paying a 15-20% AH buyer's premium.

AHs might want to start looking over their shoulders at PWCC. The lower fees are a big big deal to both consignor and buyer

You could buy a 1795 gold eagle, just a few hundred total known, in mint state condition, and still have enough left over for a small house, for the price that PSA 8 Mantle is going for.

right but the mantle could be a million dollar card in 8 years...it did go from 60k to 400k in 10 years afterall...how that gold eagle doing during that time..

At 425,000, the bidding increment is still 100 dollars.

That wasn't really my point though. A 1795 Eagle is America's first gold coin, historically significant, 200+ years old, made of gold, and much rarer than a 52 Mantle. A 52 Mantle is ultimately just a picture of some guy on a piece of cardboard.

right and I had thread about gold being better than cards as well..more useful etc......you were talking having money left over to buy a house....there may be a lot more money left over to buy a much bigger house if buy the mantle and sell it 10 years from now etc..

and still only 100 ebay bucks...but don't need 5x bucks to get 100 at least..

It takes only a couple of guys with big egos and wallets to drive up the Mantles. IMO very hard to tell if it will hold the new price levels, much less continue to rise.

Are there any special bidding rules? Do you have to be pre-approved or anything? I think that Superman comic had some rules like that. With 7 days left, I'm tempted to just throw out a bid, but I think I'll refrain :)

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.