Quote:
Originally Posted by darwinbulldog
At least as common as "common" 1921 Exhibits, so I'd say yes. The 3 in the auction represent less than 1% of all the surviving copies.
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There are 235, 1921 exhibits Ruth’s on the combined PSA/SGC pop report. I bet a sizable minority (20%) are crossovers, and certainly others exist that are not on the pop reports. So if we take the combined pop report as a fairly decent estimate of surviving examples (offsetting crossovers with ungraded), 3 in one auction is 1.28% of the entire population.
By contrast, the PSA pop report shows 2,609 graded red Cobbs (ignoring backs); SGC’s pop report is a major pain and I cannot tell how many red Cobbs have been graded without searching every year 1909-11 and all applicable backs. So looking at the PSA pop alone, t206 red Cobbs are 11.1x more common the 1921 exhibit Ruth’s. Let’s assume that SGC has graded 1500 red Cobbs, the difference becomes 17.5x.
Based on this comparison, three 1921 Ruth exhibits is equal to 52.5, t206 red Cobbs. 52.5 red Cobbs in one auction seems excessive. Yet 3 Ruth Exhibits (especially if different grades/condition and grading companies) seems much more ok.
And this is the garbage that gets posted at midnight when one cannot sleep bc they add thinking of cards!