I agree with Adam.
Several years ago when I first found this Net54 place, I was trying to gather all information I could. This place was a treasure. It still is. My knowledge base before had been a handful of collectors in Kentucky, and then what I gleaned from Mr. Lipset, and his publication The Old Judge. Back then, in the 80s and 90s, I'm certain that there were 3 Wagner cards in Kentucky. (I still smile when I think of holding one for a minute, no slab, no sleeve.) And while I knew of 3 separate Wagners in Kentucky, my guess would have been that there may have been one or two more, ones of which I didn't know.
I think that 'new' collectors that think about grading, registry, and all of that presume that anyone with a Wagner would get it graded. That they'd post pictures here. But that is not the mindset of many of the veteran collectors. Although many of the veteran collectors will get first rate cards graded before selling or consigning them, a bunch of those fellows aren't yet ready to slab up and cash out. (Color up and cash out pun intended.)
Now I don't think Kentucky is the great resting place for old tobacco cards. The state has a fair share, maybe slightly more. And we definitely have the market cornered on ornery, contrary, hard headedness. But there must be a bunch of card collectors scattered about, that have yet to come to market. A granddad passes a cigar box of old cards down to a grandkid in the present, and that kid isn't gonna sell that box of cards because of sentimentality (and because he likes the old cards, which is why granddad gave them to him in the first place). I know someone who got cigar box of Topps cards, almost entirely 1955s, with a very few 56s and 57s. Think about 4 Clemente's all about EX. 3 Koufax's, all EX. A couple of that #2 card from 1955, and a few Mays and Robinson cards, Near Mint or Excellent. I think he got them from his grandmother eventually, when he was little and visiting her she'd let him look at them. I'd guess there were close to 500 cards. I don't know, but I'm fairly certain they are sill in that cigar box, none have been sold, none have been graded. All are in very nice shape. No rubber bands, no tape. Neatly stacked.
The old tobacco cards, the early candy cards, the 50s Topps cards... guys, there are these stashes still out there, UNGRADED and not for sale. These aren't treasures waiting to be found, most folks with these cards have some idea of their value. But they are off your radar.
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