Posted By:
DJWhat other collectible in the world, can the very exact item be purchased for $10 or sell for as high as high as $20-30,000?
Barry hit my thoughts EXACTLY and I guess it all comes down to being old school:
Barry wrote: If I am not mistaken, one of the PSA-8 on Bruce's list was Lattimore, and if memory is correct it sold for $7700. I looked at it on ebay and I will not deny that it is a very sharp looking card. Now let's say I too wanted a Lattimore but only had $50 to spend. I could probably get a nice VG-EX that would have no creases and a bit of softness at the four corners. Using this example, it would cost me an extra $7650 to get the same exact card with the corners squared.
I'm baffled as well.
Questions about PSA8's.
-Is he a player you admire that you want to collect in that high of grade?
-Are you planning on putting together a PSA8 set?
-Couldn't you just buy a pretty nice VG-VG+ set for around $35,000 and be satisfied?
-524 cards versus say 7 or 8 "commons"?
-Do you tell people that you have the only T206 PSA8 of _____ in the world at dinner parties?
-What if another one shows up in the market place?
-What kind of increase do you expect on these cards?
-Will that common be worth $6,000 next year and $10,000 the year after that?
After all, what did the George Davis PSA8 sell for in Mastro? Something like $4,500? Davis, a Hall Of Famer, but because of the silly population he sells for less than a "common"? Makes sense to me.
My two cents...this is a fun thread and I look forward to the outcome of the challenge.
DJ