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Record prices for Hank Aaron cards
Am I the only one surprised to see a 1960 Topps Hank Aaron PSA 9 sitting at over 42k in the Memory Lane auction? A Mantle from the same year and grade, same auction, is sitting at less than 32k. A similar Aaron sold last month for "just" 19k.
There are quite a few high grade Aarons in this auction, and I'm pretty amazed by the prices of all of them. I have never heard of an Aaron card selling for that much more than a Mantle from the same year. Is there something I'm missing? |
The Aaron card is a known rarity, with only about eight cards gaining a PSA 9, while the Mantle has around 25-30, I believe, in 9. That said, there were just silly prices for several cards, especially many of the Aaron's -- even some that are not hard to find in 9. For example, the '71 Aaron went for over $14,000, plus the 20%. The '63 Aaron went for 9-10 thousand, and that card has been available for less than 3 thousand, quite recently. The'62 Mays they had in PSA 9 (granted, a very nice one) went for about $30,000 total, while one sold a couple of weeks ago on Ebay for less than $10,000. Apparently, Memory Lane has a few loyal, tunnel-visioned, very deep-pocketed and runaway-ego-laden people bidding. Guys who probably like the idea of wasting money, of smearing their importance in the faces of everyone else. It might make sense to tip-toe around Big Auctions, especially Memory Lane's, for awhile.
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Memory Lane does attract a very high-end, well-heeled clientele.
I watched the 1953 Bowman Mantle PSA 8 that reached 18k all in, and the 1965 Mantle PSA 9 that reached 20k. |
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peter more like the hollywood crowd ,,,
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I knew of one collector, who had a very extensive/expensive collection, that would only deal with auction houses and well known dealers. He would not buy from eBay. Ever.
That said, the Aaron is a tough card to find centered. A thing of beauty it is as well ..... |
People with big money, whether they work on Wall Street or in Hollywood, can collect, too.
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I know there will eventually be a trickle down to Aaron's lesser graded cards, but I hope it holds off a while as I continue to add his cards to my collection.
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Its crazy what some people will pay based on the population report. I remember seeing a common 86-87 fleer basketball card in a psa 10 sell for like 6k just because there was only like a population of 2 10's.
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Still feel the '54 Johnston Cookies is a hugely under-valued and under-rated card. Actually most Aaron cards in mid-grade can be great buys.
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Makes me think that his 55 card will go up in value.........
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You are spot on Brian! Time to buy or get a '55 Aaron.
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