Quote:
Originally Posted by oldjudge
Fred-If you don’t mind me asking, why did you sell the collection when you did? Did you just lose interest or did Halper’s bid just look too attractive. I think I’m about the same age as you and I know that I sold a coin collection at about the same time in my life.
Jay
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Jay:
Halper came onto the scene out of nowhere in the early 70's and was paying three times what things were going for at the time so everyone was selling him stuff.
He lived about 20 minutes from me at the time and asked if he could come over to see my collection. When he did he asked "how much for the Wagner"? I said I'd never sell the Wagner, I'd have to sell the entire collection. He asked how much for the entire collection?
Well, in those days that never happened. I sat down and wrote out long hand everything I had. T200, T201, T205, T206, T207 complete, most Goudy sets including Lajoie, Play Balls, tons of regionals, Topps and Bowman complete except for 52 Hi #'s ( I refused to pay $3 each for them!), Exhibits, Topps test sets, uncut sheets etc. etc. Came up with a price took 15% off as was the custom in those days if you were buying something big/expensive and gave Halper the price.
Without blinking or negotiating he said "fine" and ended up paying me with quite a few postal money orders made out to me from Joe Tinker, Frank Chance. and other old players... you get the idea.
I was 26 years old, getting married, and figured it was time. No one else would have been able to buy the entire collection, so off it went. My only mistake was figuring the "current" value and not the 3X $$ Halper was paying at the time.
Saying all that, the sale allowed me a few years later to start a business that evolved into more businesses and I was able to retire at age 55.
So, I would have had to live in a tent for 45 years in order to cash in now and sell the Wagner for the Millions of dollars you all are throwing around that is making me SICK!!!
Fred