Posted By:
Hal LewisI agree with Adam somewhat.
The people who want to own a T206 Wagner go into it knowing that their card will be "valuable" but not exactly a true "rarity." They are happy just to own one and don't really care about the condition since 95% of them are low condition anyways. It is just something they have always wanted to own.
The people who want to own an 1897 Reccius Wagner are probably an entirely different crowd. They are probably the people who truly want to be the ONLY person in the WORLD that own a particular item... regardless of whether or not they really ever throught about the item beforehand. I think of it as the ultimate "type card" for that sort of collector.
So, while a PSA 1 T206 Wagner might fetch $150,000... it probably would not go higher than that since the underbidder would know that he could get another one down the road. Sure, the prices will continue to climb over time, but there have been enough recent sales of the card that people know the rough values.
On the flipside, I have NO IDEA what the Reccius will bring. I know that I paid a BUNCH for it... but what's new, right? I NEVER get a "deal" in life.
I just think that the people who might be interested in the Reccius Wagner are a different crowd than those who would be interested in a T206 Wagner.
I should know... since I own BOTH and have been fighting this "inner battle" with both sides of my collecting conscience for a while now!!!