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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p><a href="http://cgi.ebay.com/1910-T210-OLD-MILL-JOE-JACKSON-ROOKIE-CARD-PSA-2-GOOD_W0QQitemZ8721941321QQcategoryZ31718QQrdZ1QQcm dZViewItem" target="_new" rel="nofollow">http://cgi.ebay.com/1910-T210-OLD-MILL-JOE-JACKSON-ROOKIE-CARD-PSA-2-GOOD_W0QQitemZ8721941321QQcategoryZ31718QQrdZ1QQcm dZViewItem</a>
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T210 Joe Jackson on EBay!
Posted By: <b>john/z28jd</b><p>Thanks alot Hal,i was hoping no one saw that!<br /><br /><br />PS AT least humor me by answering my emails once in awhile <img src="/images/happy.gif" height=14 width=14>
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T210 Joe Jackson on EBay!
Posted By: <b>Bill Kasel</b><p>I just about shorted out my keyboard drooling at that card.....wow.<br /><br />Anyone have a spare $100,000+ laying around that they don't need?<br /><br />Bill<br><br>"The beer I had for breakfast wasn't bad, so I had one more for dessert"
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T210 Joe Jackson on EBay!
Posted By: <b>David Vargha</b><p>I just bid $50,000. That was pretty fun. I didn't even get to remain high bidder for a second. Oh well.<br><br>DavidVargha@hotmail.com
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T210 Joe Jackson on EBay!
Posted By: <b>identify7</b><p>It's a PROOKIE. <br />Who cares?
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>It is indeed a PROOKIE...<br /><br />but it sure is a PRETTY PROOKIE!<br /><br /><img src="/images/happy.gif" height=14 width=14><br /><br />
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>I wonder if this is one of those situations where the seller has the reserve set at something crazy like $500,000...<br /><br />and really has NO INTENTIONS of selling the card.<br /><br />The "Private Bidder" thing can basically allow the owner of the card to HYPE his card and SHILL BID on it until the price reaches $450,000.<br /><br />Then, he will still own it and he can "prove" to the World that his card was worth $450,000 on the "open market."<br /><br />Heck, I may try that!!!!
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T210 Joe Jackson on EBay!
Posted By: <b>Jay Miller</b><p>These types of auctions are exercises in futility. My guess is that the reserve is set at a level way above the worth of the card and bidding on it will serve only one of two purposes, either hit the reserve and end up paying a crazy price or setting a high market floor level for the card that the owner never has to sell. IMHO people who really want the card should only bid after the reserve is revealed if it proves to be a set at a legitimate level. Otherwise, they are just costing themselves more money when the card is reauctioned in the future.<br /><br />Hal--looks like we are on the same wavelength
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T210 Joe Jackson on EBay!
Posted By: <b>andy becker</b><p>jay and hal, i think you are right on. why use a private auction? unless schilling is expected, it makes no sense. <br />
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T210 Joe Jackson on EBay!
Posted By: <b>Robert</b><p>Hal,<br /><br />I agree it is a real pretty card...in the description they where do Wagner comparisons and feel the value should be higher then the Honus, I have not seen any 2 sell in the past year and wondering if any of you have I know that a few 1's have sold in the 130,000 area. And did'nt a T210 Jackson (AUTH) go in the last REA auction for $92,8000 so giving the PSA 65% rule the card should go around in the area of $225,000. I did'nt use a calculator and did the numbers off the top of my head.
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T210 Joe Jackson on EBay!
Posted By: <b>Marc S.</b><p>is sometimes done on really high dollar auctions to protect bidder's identities. Not saying I believe that that necessarily works - just that I think that's why that is often done.<br /><br />Also - I don't believe anyone "should" do this - but I've often seen auctions like this play out with some idiot, new Ebay'er [read: experience collector] bid a ridiculous amount of money to discover what the reserve is, and then go back in and retract the bid with a note as to "entered wrong bid amount"<br /><br />~ms
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>I agree with Marc.<br /><br />I think someone should "accidentally" enter the wrong bid amount of $1,000,000 and see what the reserve is!!!<br /><br />By accident, of course.
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T210 Joe Jackson on EBay!
Posted By: <b>Marc S.</b><p>Hal - I certainly wasn't endorsing or suggesting that anyone do such a thing!! Not at all!!!<br /><br />I was just commenting that I've seen such things happen in the past on high-dollar reserve auctions.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>I know! <img src="/images/happy.gif" height=14 width=14><br /><br />To answer the earlier question:<br /><br />There are TWO of these T210 Jackson cards graded HIGHER than the one for sale (SGC 60 and SGC 50)... so this particular card will NOT garner big-dollar bids from the people who are so caught up with "owning the BEST" of anything.<br /><br />Also, the PSA "AUTHENTIC" card that sold for $120,000 or so was a very nice looking card that may or may NOT have been trimmed. PSA says it was and others think it was, but the buyer and others think it was not. The buyer himself said that he was paying $120,000 ONLY because he did NOT think it was trimmed.<br /><br />Thus, there was NO "DISCOUNT" on that T210 Jackson that sold for $120,000... and it's condition was indeed sharper than the one currently for sale on Ebay.<br /><br />I think a FAIR PRICE for the one on EBAY is about $100,000 in today's market.<br /><br />BUT...<br /><br />I have a sneaking suspicion that this is a "bogus" auction and that the Reserve is set WAY higher than that amount.<br /><br />
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>To PROVE my point...<br /><br />I went and bid $100,000 on the card...<br /><br />and had someone else bid $99,900 on it so that my bid would be as high as possible.<br /><br />If the reserve had been "reasonable" at $100,000... then I would have gladly taken the card.<br /><br />As you can see...<br /><br />this reserve is probably WAY TOO HIGH.
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T210 Joe Jackson on EBay!
Posted By: <b>david</b><p>i agree with jay and others that this auction is not 'legit' in that the seller actually does not intend to sell the card. the reserve price is probably well over 500k. certainly the card is worth over 100k but based on seller hype not worth what they want it to be.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>I just got an e-mail from someone I trust who said that he was watching the item at the time when someone accidentally bid way too much...<br /><br />and that he saw the reserve in that time:<br /><br />$224,000.<br /><br />If someone wants to pay that much... they CAN OWN IT!!!
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>BRESDO:<br /><br />You should be renamed: "The Amazing Kreskin"<br /><br />Your "off the cuff" estimate is EXACTLY the lowest price that can buy this card!!!<br /><br />SO... are you the seller?
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T210 Joe Jackson on EBay!
Posted By: <b>barrysloate</b><p>The buyer of the "authentic" Jackson, and we know it is Corey since he came on board, actually paid $92,000, not $120,000, if that makes a difference in the discussion.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>That was my recollection as well, Barry. I didn't think it went over $100k.<br /><br />I stand by my earlier statement:<br /><br />$100,000 would be a FAIR price for this card.<br /><br /><br /><br />$225,000 would not.
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T210 Joe Jackson on EBay!
Posted By: <b>Wesley</b><p>A few years ago, this same seller sold a PSA 2 T206 Plank, PSA 1 Cobb w/ Cobb back and PSA 4 M101-5 Ruth. They were on ebay at the same time and they all sold.<br /><br />Not the same kind of mula, but this guy does sell some great cards.
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T210 Joe Jackson on EBay!
Posted By: <b>Elliot</b><p>I second what Wesley said, and all my dealings with Ed have been top-notch. Also, i believe that people on this board have used private auctions when trying to sell a high dollar card on ebay.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>Wouldn't this "trimming" make the PSA 5 T206 Wagner card the MOST VALUABLE of all the Wagners??<br /><br />Do we know who owns it??
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T210 Joe Jackson on EBay!
Posted By: <b>Robert</b><p>Hal,<br /><br />It's not me selling the card but I have been working on my site vintagecardprice.com and been obtainiong data for some time now and based on that I came up with the price of $225,000. <br /><br />With in the next few months vintagecardprice.com will be up and running and you will be able to search through almost every set for results on all graded cards (AUTH to 10) by GAI, PSA and SGC only. The realized price from every major auction house as well as EBAY will be in the database. We are working on a way that you will be able to sort the information by grading company as well as a few other features. Add it will have a search function so that if you want to know every card that a player is on it will show up in your query. There will be 2 membership types, monthly $9.95 and yearly $99.95 and the site is automatically updated everyday. I hope that everyone here will join because I am commiting a lot of time and resources to getting this project off the ground. And I believe it will be a tool for everyone to use. We will be launching with almost every pre-war set that will have scans of every card when you search that card (We have a large number of the pixs but it will take time to get the over 14,000 cards we will have in the database). Shortly after by next sumer we will add the post war through 1959. If there is a demand for more and the membership is strong we will complete the rest to date.<br />
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T210 Joe Jackson on EBay!
Posted By: <b>warshawlaw</b><p>I have better cards that have been slammed down to fair or poor. Not that I'd refuse it if offered to me for free <img src="/images/happy.gif" height=14 width=14><br /><br />
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T210 Joe Jackson on EBay!
Posted By: <b>Julie Vognar</b><p>Don't any of you guys WANT the card at 100K? I sure would, if had the dough...
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T210 Joe Jackson on EBay!
Posted By: <b>kimithefin</b><p>Would a colorable possibility be that indeed this person does not even own the card and simply has a scan? If they are simply testing the market, determining current value, or using this auction for means other than really selling the item in question, it would not be so far fetched to think they do not own this piece. This is not to say they do or do not, this is simply a question.<br />
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T210 Joe Jackson on EBay!
Posted By: <b>Julie Vognar</b><p>well, I'd go a little higher.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>But would you go $125,000 higher?<br /><br /><img src="/images/sad.gif" height=14 width=14>
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T210 Joe Jackson on EBay!
Posted By: <b>nbrazil</b><p>i bet $14 on it....<br /><br /><br />that didnt get me any where.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>Here is the one Corey bought for $92,000 if you include the juice:<br /><br /><img src="http://www.robertedwardauctions.com/site/images_items/Item_2061_1.jpg"><br /><br /><br />Here is the one for sale on EBay:<br /><br /><img src="http://images.channeladvisor.com/Sell/SSProfiles/20041536/Images/T210JACKSONPSA2.jpg">
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>While it does appear that Corey's card is not as tall or wide as the one PSA graded... it sure is nicer looking!<br /><br />
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T210 Joe Jackson on EBay!
Posted By: <b>Jay Miller</b><p>No comparison. I'll take Corey's every day of the week.
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T210 Joe Jackson on EBay!
Posted By: <b>nbrazil</b><p>is the first jackson in a baggy? Or is that just the scanner?
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T210 Joe Jackson on EBay!
Posted By: <b>JimB</b><p> I was the one who bought the Cobb/Cobb back from BigEd off Ebay a few years. I have since sold that one, but my dealings with him were smoothe and fine. He may be hoping to get a lot for this card and have a high reserve, but my guess is the anonymity is because a lot of people who buy cards that cost that much prefer anonymity.<br />JimB
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T210 Joe Jackson on EBay!
Posted By: <b>identify7</b><p>The question is not "what is the reserve".<br /><br />The question is "what is the value".<br /><br />IMHO the value of the card currently offered is less than 50% greater than Corey's card (which may or may not be trimmed + is in a higher state of preservation, otherwise).<br /><br />Therefore, I conclude that the value of this Jackson is $137,999. <br /><br />This sounds high. And this is high. As far as Im concerned: Jackson, Wagner and Mantle are riding a wave to nowhere, and Jackson will step off first.<br /><br /><br />Edited to correct spelling.
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T210 Joe Jackson on EBay!
Posted By: <b>James Feagin</b><p>Not to be a killjoy, but perhaps I should get out of cards. This doesn't do much for me.
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T210 Joe Jackson on EBay!
Posted By: <b>davidcycleback</b><p>I've dealt with Big Ed a number times with baseball cards a number of years back, and my personal experience was always positive. I ordinarilly get hives from private eBay auctions. However with an item as exensive as this and a known reputable seller, it's a different situation. I'm certain many bidders would not want others to know they can spend $100,000+ on an item.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>Barry:<br /><br />Wouldn't it behoove Corey for him to bid $220,000 on this card (below the reserve)...<br /><br />and then have someone else bid $219,000 on the card...<br /><br />in order to make it "appear" to the World that the card might really be worth that much??<br /><br />Unfortunately, with a PRIVATE auction... these things can happen...<br /><br />so the results really need to be "written off" unless the card is won by someone who later identifies himself as a knowledgeable collector.
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T210 Joe Jackson on EBay!
Posted By: <b>davidcycleback</b><p>Price guides are generally based on realized sales.
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T210 Joe Jackson on EBay!
Posted By: <b>Judge Dred (Fred)</b><p>Now that the reserve has been revealed it's really not so much of an auction as it would be an outright sale.<br /><br />In any case, it's a desireable card.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>Just a note for Bresdo and his price guide:<br /><br />UNMET reserves can NOT serve as "price" comparables for this very reason.
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T210 Joe Jackson on EBay!
Posted By: <b>Jay Miller</b><p>Hal--You go girl!
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T210 Joe Jackson on EBay!
Posted By: <b>davidcycleback</b><p>Unrealized sales in a reputable auction aren't useless to a price guide, but few will take seriously a final bid one penny below the stated reserve.<br /><br />Just one potential problem for eBay pricing as a price guide is you don't know which sales were finalized ($$ paid). A $5,000 winning bid has no meaning if the winner never paid ... I also hope that an economist doesn't calculate the value of a 1933 Goudey Babe Ruth by calculating the eBay sales of auctions titled "1933 Goudey Babe Ruth," as more than half of these are reprints and fakes! ... "After doing an exhaustive study of 7,544 sales on eBay and Yahoo! over the past 5 years, a Harvard mathamtician and his team have calculated that the market value of a T206 Honus Wagner is $37."
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T210 Joe Jackson on EBay!
Posted By: <b>Andy Baran</b><p>I don't understand why everyone is so bent out of shape with the high reserve. So what if you don't think the card is "worth" that much. Obviously, that card is worth that much to the current owner. He owns the card, and has every right to put whatever reserve he wants on it. (He also has the right to keep his reserve hidden, and now has every right to cancel the auction if he desires.) He is basically saying that for anything less than that amount, it is not "worth" it to him to sell it. I can tell you that for me to consider selling any of the remaining cards in my collection, someone would have to offer me far more than what most people would think the card is worth. I'm just not willing to part with them at current market value, and it appears that the owner of the Jackson feels the same what about that card. There is nothing wrong with that. No one is being forced to spend that kind of money on the card, but maybe someone is willing.
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T210 Joe Jackson on EBay!
Posted By: <b>Marc S.</b><p>Mine are stored in a box in storage. I would be interested to know what the Jackson sold for back then...<br /><br />Marc
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T210 Joe Jackson on EBay!
Posted By: <b>JimB</b><p>Andy,<br />Thank you for adding a little practical sense to this discussion. <br />JimB
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>Andy:<br /><br />Will you be saying the same thing if the card does not sell now (because of the high reserve) and then shows up in the near future in one of the big auctions with NO reserve?<br /><br />Would that convince you that it was only a scam?<br /><br />NOTE: I am NOT saying that this is DEFINITELY what BigEd is doing... but I am saying that it is certainly a possibility ANYTIME you see a "Private Auction" with a super high reserve.<br /><br />Time will tell. That's all.<br /><br />
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>And by the way...<br /><br />EBay CHARGES the seller 1% of his RESERVE price to list his item...<br /><br />so BigEd paid $2,250 just to LIST this card!!!<br /><br />That seems like a LOT of money to spend on the "slim chance" that someone might meet the Reserve and buy the card for 3 times more than the last one sold for in REA a few months ago.<br /><br />Call me crazy...<br /><br />but I think this was $2,250 spent on an ADVERTISING campaign for the card.<br /><br /><img src="/images/sad.gif" height=14 width=14><br /><br />Andy:<br /><br />Your example is different. <br /><br />If I call YOU and I make the first move... then sure, you have the right to say "My cards are not for sale, but I will sell them for a crazy price." Heck, you do it to me everytime I try.<br /><br />In fact, I will try again right now: <br /><br />"How much will you sell me your SGC 20 E107 Wagner for? There is an SGC 40 coming on the market in a month, but I am willing to pay good money for yours right now."<br /><br /><img src="/images/happy.gif" height=14 width=14>
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T210 Joe Jackson on EBay!
Posted By: <b>Paul</b><p>If the bids received are legit, I think this auction shows that the "authentic" card DID take a substantial hit because of the authentic grade. At $92K, I assumed the bidders were treating that card as a PSA4 or so, based on their own expertise and conclusion that it wasn't trimmed. But the current auction shows that even a PSA 2 will sell for more.<br /><br />For what it's worth, I have purchased a decent number of vintage cards from the seller and have never had any problems. I believe he is a legit vintage card dealer, but I obviously have no information about this specific auction. I just regret not buying Steve Verkman's T210 Jackson a couple of years ago for 5K.
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T210 Joe Jackson on EBay!
Posted By: <b>Judge Dred (Fred)</b><p>ebay reserve price listing fee is as follows:<br /><br />$200.00 and up = 1% of Reserve Price <b>(up to $100)</b><br /><br />
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T210 Joe Jackson on EBay!
Posted By: <b>Harry Wallace (HW)</b><p>Marc S.<br /><br />The Jackson sold for $10,925 against a $4,000-6,000 estimate.<br /><br />There was also a T210 Stengel in good condition that sold for $1,495 against a $400-800 estimate.<br /><br />Its amazing that some items such as these sold for 10% or so of their current market values while many others sold for many multiples over what they would bring today. From the people that I talked to, the general consensus was that the items in the auciton generally sold for a big premium over what they were "worth" due to the fact that they came from the Halper collection.
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T210 Joe Jackson on EBay!
Posted By: <b>Harry Wallace (HW)</b><p>Hal,<br /><br />I believe that Bill Mastro owns the T206 PSA 5 Wagner.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>I hope that I am DEAD WRONG about this auction.<br /><br />In fact, I hope that someone legitimate BUYS the card for $225,000 or more!<br /><br />It sounds like BigEds is a quality guy... so maybe he did just want to sell his card ONLY if someone went crazy on the bidding. I shouldn't "accuse" anyone of anything. <br /><br />My bad.<br /><br />I just got perturbed by the "Private Auction" and went off on a tangent.<br /><br />As a collector of vintage baseball cards... I should be ROOTING for all of them to start climbing higher in value!<br /><br />After all... we have a LONG WAY to go before we get to the $24 million "Mark Rothko" level!!
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T210 Joe Jackson on EBay!
Posted By: <b>Judge Dred (Fred)</b><p>I think most of us don't like the PRIVATE auction feature on ebay because we can't publically monitor the bidding. That is one nice feature about ebay (public monitoring). <br /><br />
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T210 Joe Jackson on EBay!
Posted By: <b>zach</b><p>Ya but i'm sure many of the people bidding are rather private and don't want their ebay name assosciated with being able to spend over 100k on a card and have people drawn to there name and look at what else their bidding on or have won in the past.
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T210 Joe Jackson on EBay!
Posted By: <b>identify7</b><p>The good news is: We are now under the nine day mark!<br /><br />Only 8 more days of this T210 Jackson Extravaganza left!<br /><br />Can you take it? What rationalizations, befuddlements, computations, speculations, projections, insights and outshoots are before us?<br /><br />Tune in tomorrow at a thread near you.<br /><br />Edited to add:<br /><br />It would be a pip if someone talked him into ending the auction early right now - and we heard no more about it.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>BigEds is selling the item on CONSIGNMENT and the OWNER is the one who set the reserve...<br /><br />so this really IS one of those situations where someone who has the card is hoping that someone who wants the card will pay a crazy price and get it!!<br /><br /><br />I hope someone does!!
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T210 Joe Jackson on EBay!
Posted By: <b>BlackSoxFan</b><p>Privacy is only an issue if someone makes it an issue Zach. I have plenty of id's on ebay that no one knows belong to me. The few people on here that know one of them only know b/c i let it be known. The idea behind a private auction of this magnitude (assuming it is legitimate) is to avoid having people emailing information to potential buyers and bidders.<br /><br />Also, the reserve fee is refunded if the item sells (for what it's worth).<br><br>Regards,<br /><br />Black Sox Fan<br /><br />- - - - - - - - - - - - - - - - -<br /><a href="http://www.blacksoxfan.com" target="new" border="0"><img src="http://www.blacksoxfan.com/images/art/sig.jpg"></a><br /><a href=mailto:shoelessjoe@blacksoxfan.com?subject=Ne t54>email me</a>
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T210 Joe Jackson on EBay!
Posted By: <b>zach</b><p>Ted thats what it could be going on or the seller could just be respecting the peoples biding privacy.
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T210 Joe Jackson on EBay!
Posted By: <b>Judge Dred (Fred)</b><p>I don't mind private auctions when I know the seller is reputable. As mentioned, I'm pretty certain that on a high profile card (like this) that Ed is just protecting the bidders names. <br /><br />At this point someone can bid a dollar below the reserve and then it will boil down to (possibly) the next bid winning it.
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T210 Joe Jackson on EBay!
Posted By: <b>robert</b><p>Hal,<br /><br />The criteria for a auction sale to be listed in the database is simple. First the reserve has to be met, Second the card has to have been won by somebody and lastly we do not include BIN's. As well the card has to be graded by either GAI, SGC or PSA with no qualifiers. Authentic in my opinion is not a qualifier but a grade that is less then one, but it seems that a lot of people out there do not realize this fact.
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>Sounds good!<br /><br />Count me in as the first subscriber!
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T210 Joe Jackson on EBay!
Posted By: <b>JimB</b><p>Robert,<br />I think it is great what you are doing. I beg to differ about the "Authentic" indicator meaning the card is a grade less than one. It simply means the card is authentic and the card cannot be assigned a numerical grade because the grading company does not assign numerical grades to cards with certain attributes - such as being hand cut. The T210 Jackson that Corey bought is a perfect example. It was probably handcut and therefore will not be given a numerical grade, but it is not a pr-fr card. It is probably vg. I have a card in a PSA "authentic" holder which is in ex condition, but was handcut - probably at the time of manufacturing like the T-210 Jackson. I consider it Ex, not less than a one.<br />JimB
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T210 Joe Jackson on EBay!
Posted By: <b>will watson</b><p>hand cut cards get numerical grades, as long as they are cut properly<br /><br />"authentic" means altered in some way, shape or form<br /><br />it should be considered lower than the pr-fr
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T210 Joe Jackson on EBay!
Posted By: <b>Jeff Lichtman</b><p>Hal, is that what collectors with expensive cards do? Hunt around ebay auctions for similar cards to what they own and bid with the sole purpose of driving up the price so that their own cards will then artifically be perceived as more valuable? Kind of lame, no?
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>Yes and No.<br /><br />There are 2 very different scenarios.<br /><br />This is going to sound like a Doyle Brunson poker lesson, but here goes:<br /><br />SCENARIO #1 (Owner holds high card): A person owns a PSA 4 1914 Cracker Jack Christy Matthewson card... and a PSA 2 of the same card comes up on EBay. If the owner of the PSA 4 bids on this card, then YES, he is "lame" and he is only trying to pump up the value of these cards to serve his own interest. He should "fold" and not play in this hand.<br /><br /><img src="/images/sad.gif" height=14 width=14><br /><br />SCENARIO #2 (Owner holds low card): A person owns a PSA 2 1914 Cracker Jack Christy Matthewson card... and a PSA 4 of the same card comes up on Ebay. The owner of the lower card is holding the "nut", because he can certainly bid on the higher card to try and win it so that he can UPGRADE his collection. If he drives the price up but loses, he has at least benefited himself by pumping up the market value of these cards. If he drives the price up and wins, he benefits because he has driven up the market price for the PSA 2 "double" that he now needs to get rid of.<br /><br /><br />
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T210 Joe Jackson on EBay!
Posted By: <b>Jeff Lichtman</b><p>Hal, I agree with both of the scenarios you laid out, basically that if you want a higher graded example of your valuable card, bid away if your intention is to own it and if you lose at least you've propped up the value of your lower graded card. However, that's not what you described previously: you suggested that Corey purposely bid a dollar amount that is just below the reserve in order to give the "appearance" to the world that his card is worth more than perhaps it would be -- if not for his bid. You would never do something like that, would you?
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T210 Joe Jackson on EBay!
Posted By: <b>Hal Lewis</b><p>No, because there is usually no way of knowing the Reserve amount, so you couldn't do it even if you wanted to.<br /><br />Then again, I guess someone devious could "overbid" and learn the reserve, and then do it.<br /><br />But that can ONLY happen on EBAY... and therein lies the fallacy of this logic.<br /><br />More specifically... it could only happen on a PRIVATE auction with a HIGH reserve on EBay.<br /><br />And HOW OFTEN do you see true high dollar rare cards like this on Ebay?<br /><br />Maybe once or twice a year.<br /><br /><br />I guess someone could "bid up" a lower-graded item on Mastro... but they have to be willing to BUY IT for that price if they win by accident.<br /><br />BUT...<br /><br />maybe THAT explains why we so often see the SAME CARDS being auctioned off in several DIFFERENT auctions.<br /><br />Some cards make the circuit... so maybe it is because people are bidding on something they have no plans to keep.<br /><br />That ain't me.
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T210 Joe Jackson on EBay!
Posted By: <b>Julie Vognar</b><p>the card would already be mine. "Having the dough" would mean being a millionaire several times over. You don't invest (spend) 1/4 of your total $$$ on one baseball card. In what way is the PSA 2 not as nice as the Auth?<br /><br />What a clever way of finding out the reserve!<br /><br />Even though there are 8 days yet, I guess it's doubtful that ther $224,000 reserve will be met. But it might.<br /><br />It's not the BIDDING we can't follow, only the BIDDERS! Hehe...
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T210 Joe Jackson on EBay!
Posted By: <b>barrysloate</b><p>I know Corey well and he would not be on ebay driving up the price of the card for his own benefit. That's not his thing. You are just speculating.
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T210 Joe Jackson on EBay!
Posted By: <b>JimB</b><p>Will,<br />That is simply not always the case. Hand-cut strip cards grade because there is an obvious consensus about how individual cards were cut away from strips. Hand-cut T210s will currently only be graded as "authentic" because of the presumption that this is not the way they left the factory, even though it probably is the way they left the factory. The same is true for a wide variety of proofs and other potential scenarios.<br />JimB
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T210 Joe Jackson on EBay!
Posted By: <b>warshawlaw</b><p>If the card in question is rare even if you have one you might bid into it to acquire a second one for trade, especially if you could acquire it cheaper than your specimen. Admittedly, the T210 Jackson would be an extreme example, but I know I've gone after valuable (to me) cards I already had if I thought I might get them for the right price and I could use them later on.
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T210 Joe Jackson on EBay!
Posted By: <b>Jeff Lichtman</b><p>Barry, I have no doubt Corey wouldn't bother bidding up the Jackson simply to inflate the value of his own card. How pathetic would someone have to be to do such a thing....especially when they can afford either card.
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T210 Joe Jackson on EBay!
Posted By: <b>Anonymous</b><p>I doubt the reserve will be met either. but its pathetic ppl think it should be fr-pr when the 92K card is trimmed! i think thats not fair to cards that r complete. i honestly think its worth more than 136k. a trimmed one goes for 92k. a PSA 2 should be threw the roof. look at the eddie plank trimmed the prices of the psa 2 u will c a big change(for example)<br /><br />Also Ebay isnt the only way to sell it. he can sell it privatly even if the reserve isnt met. like it all depends on how he feels and what he paid for it.<br /><br />i just dont get also why the wagner is worth more than some other cards that have only 2 or 3 to known to exist. its all hitstory i guess....
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T210 Joe Jackson on EBay!
Posted By: <b>Cobby33</b><p>Looks like the John Kerry RC to me.
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T210 Joe Jackson on EBay!
Posted By: <b>Julie Vognar</b><p>...over 6 days left...146K... <img src="http://www.network54.com/Realm/jphotos/033102jump_1_prv.gif">
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T210 Joe Jackson on EBay!
Posted By: <b>identify7</b><p>Julie: you ask "In what way is the PSA 2 not as nice as the Auth?"<br /><br />Wouldn't you agree that the GOOD 2 card has very little top border?<br />Don't you think that the GOOD 2 exhibits damage to the picture area of the card?<br />Certainly you notice that the wear on the AUTHENTIC is consistent with that of a higher grade than the PSA2.<br /><br />And with all that against it - the PSA2 is currently bid at >50% more than the estimated value of the AUTHENTIC.<br /><br />Perhaps that estimated value is off.<br /><br />What are your thoughts (everyone)?<br />
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T210 Joe Jackson on EBay!
Posted By: <b>jay behrens</b><p>As has been pointed out, the reserve is known now and any bidding under tha amount is pretty meaningless unless the the reserve is topped. I could go in and place a bid one penny under the reserve and the bid is totally meaningless since I don't have to pay that amount because it is under the reserv. I could never pay it anyway since it would take about 20 years of my annual income to pay off that bid, but I could still place that bid. Doesn't mean that the market value for the card is now that amount. Money needs to exchange hands for it to have a bearing on the market.<br /><br />Jay<br><br>If you can sue a band for making you want to commit suicide, can I sue Barry Manilow for turning me into a wuss in the 70s?
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T210 Joe Jackson on EBay!
Posted By: <b>Corey R. Shanus</b><p>How does ebay work? Once an auction begins, is the seller allowed to lower the reserve? If so, and if he lowers it below the highest bid up to that time, is the high bidder at that point contractually obligated to buy the item if he remains the high bidder? If the answer is yes, then even if a bidder knows the reserve and deliberately bids to a point below it, then it can still be said he is at risk to pay what he has bid.
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