This is a paid ad.
This card is being offered for the 1st time in almost 40 years and the very first time since being graded!
Www.1953StahlMeyerMickeyMantle.com
Words can't describe how excited I am to be able to bring to market what I believe is arguably the most significant post war baseball card in existence! See the website for more details. The Stahl Meyer cards were distributed in packages of hot dogs! The offered example (along with a scant few others) was saved from the greasy demise by a printing company employee.
Asking price is $2.657 million
To price the card I started with the sale of a highest graded PSA 8, 1954 example that sold for $220K and a 1953 PSA 7 that sold for $68,125. I then prepared a spread sheet looking at sales of Mickey Mantles Topps and Bowman cards (1951-1969) that sell a bit more regularly in grades of PSA 7 and PSA 9. The price multiple from PSA 7's-9's ranged from a low of 9X (1965) to a high of 162X (1969 white letter). All but 1 of the Topps and Bowman cards have multiple examples in PSA 9 grade and all but 4 of them have PSA 10's graded higher. With the populations considered, I think it is quite reasonable to suggest that the Stahl Meyer being a POP 1 highest graded should trade at the highest (or higher) multiple as any of the Topps or Bowmans. I instead have priced the card at a very conservative 39X multiple (the average multiple of all the Topps and Bowmans) of the actual Stahl Meyer PSA 7 sale. $2.657 million.
The Stahl Meyers are highly desireable high demand cards that don't exist in the kind of quantities to satisfy the number of Collectors that want one. In fact there are a total of just 95 SGC and PSA graded examples! When you look at 64 of them that are graded 1's or A's, you start to grasp how special this example is!
The card will be on display at my booth 1042 at national in Cleveland next week . The card will be otherwise available to be viewed by qualified buyers by private appointment.
Please contact me with any further questions at:
Hcv123@att.net
(516) 991-5535
Howard Chasser