Quote:
Originally Posted by jd9cards
That puts the implied market cap for the Ruth around $40M and the Aaron around $500K. To me, that discrepancy feels difficult to justify. Should Ruth really trade at an 80x multiplier? I’m not arguing the Aaron should be worth anywhere near half of Ruth’s market cap, but I do believe there’s meaningful room for growth. And yes—I fully admit my bias.
A similar comparison can be done with the 1952 Indianapolis Clowns Aaron and the 1954 Topps Aaron PSA 9 from a market cap and relative value perspective. I think at minimum the PSA 9 Aaron and the Postcard should be worth the same amount
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I’ve never really understood the whole market cap concept when it comes to individual cards. It’s not like there’s some underlying assets or income-generating business to compare it to…
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Trying to wrap up my master mays set, with just a few left:
1968 American Oil left side
1971 Bazooka numbered complete panel
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