Auction Loss Silver Linings

[Cmvorce]

Did anyone else miss out on that PSA 1 Goudey Ruth that went for $6200 on eBay today? I was initially upset about getting outbid but then I decided to get myself a Valentine’s Day gift with the funds I had earmarked for it - 41 DiMaggio, 56 Mantle, and a Lajoie with bat now headed my way. Silver linings! Ruth will have to wait.

[Leon]

I didn't see it but is that where 1s are now? So much for owning another nice one.

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[Aquarian Sports Cards]

Such a weird feeling when you auction stuff off for great prices in November only to feel like an abject failure because of the prices they are going for 4 months later...

[pokerplyr80]

Just had to look that one up. Prices are out of control across the board. Hard to keep up. A yellow PSA 6 just went for 92k tonight.

[Cmvorce]

Earlier today I looked back at a spreadsheet I started back in 2014 to track prices of cards I wanted. Looks like I could have bought a PSA 3 on eBay for $700 at that time. The jump in Ruth prices in insane.

[Belfast1933]

Wow... I came late (ouch) to the Ruth party but decided to take the plunge about 3-4 months ago. I bought this one from a great Net54 local member and could not be happier to have Ruth now sitting front and center in my HOF collection.

I paid about $400 less than this PSA 1 that the OP is referencing - I thought FOR SURE I was buying Ruth at the peak cost and hoped my kids someday would just get back what I spent someday.

Seems like that ceiling might not quite be hit just yet...

(quick sidebar - any feedback on the grade of my card here? I know it has a weird pencil looking swoosh around the Babe's knees... think it may have been submitted as a no qualifier? Looks great to me, even with that mark)

[puckpaul]

Originally Posted by pokerplyr80

Just had to look that one up. Prices are out of control across the board. Hard to keep up. A yellow PSA 6 just went for 92k tonight.

In what auction? Pwcc?

[ngrow9]

Yes, PWCC: https://www.ebay.com/itm/1933-Goudey...edirect=mobile

[puckpaul]

Wow. Well, probably fewer of those than Jordan gem mint 10’s and still only 1/10 the price

[7nohitter]

Beware the bubble...beware the bubble!!!

I've put the breaks on buying for a while, don't see these prices being accurate in the future.

[scooter729]

I don't think you're going to see a bubble burst on these Ruths. Sure, they're going up, but nothing like the percentage increases on some modern stuff.

I bought a PSA 4 144 Ruth in 2008 for $2,000 - it's obviously much higher than that now, but it hasn't gone up exponentially in the past year the way Jordan and other modern cards have. Has it doubled in the past year? Sure - maybe even 3x. But how many other cards are 10x - 20x from their prices of a year ago. So I don't see any decrease coming for any Ruth cards.

[pokerplyr80]

There is a decent looking 2 of the 144 up on ebay for 8k. If you were willing to pay 6 for that psa 1, the 2 is a bargain (not my card).

[bbcard1]

It is. I saw a PSA 1 1962 Aaron that went for nearly $200. Makes no sense. I am not sure whether to be sorry I didn't buy some of my target cards or happy for the ones I have.

[Cmvorce]

I can’t get over these Ruth prices. At this point I think I need to come to terms with the fact that this is now a card like the 52 Mantle or even 51 Bowman Mantle that I have missed the boat on and need to get over.

Just kicking myself for not pulling the trigger on it years ago. I never really thought I’d be able to own a nice Mantle but I always assumed I’d have the Ruth. But at some point it’s just not feasible.

[pokerplyr80]

Originally Posted by bbcard1

It is. I saw a PSA 1 1962 Aaron that went for nearly $200. Makes no sense. I am not sure whether to be sorry I didn't buy some of my target cards or happy for the ones I have.

I'm sure for most it's both. I sold a few cards a few months ago that I obviously wish I had back now. I had always planned to add a 52 Mays, among others, that have really exploded. Never got around to it. But I am grateful I was able to add what I did this past year and earlier.