Quote:
Originally Posted by hcv123
This is a question:
Someone won 891 1964 Mantle Topps giants in Lelands last night for almost $40 per card. Description of condition: 10% VG-EX or lesser, 25% EX, 45% EX-MT, and 20% NM or better. That quantity represents about 20% of the current PSA graded population. Can someone help me understand what a potential reseller is thinking?
Here is the lot:
https://auction.lelands.com/bids/bidplace?itemid=98247 |
I'm with you Howard. I don't see it. I bought both versions of that card within the last 2 or 3 years. I paid $47 for a PSA 6 and $81 for a PSA 8. Unless prices have risen substantially since I bought mine, the buyer is guaranteed to lose money on 80% of the lot (after adding grading fees) and might make a profit on 20%. And that's
IF they grade as described in the listing.
As a side note, I see one of the six cards pictured is of one version of the card (top row, far right) and five are the other version. I wonder if that ratio holds true for all of the cards. Probably not, but I am curious as to what percentage of the 891 cards are one version and what percentage are the other version.