Are Ticket prices coming down?

[Shoeless Moe]

I saw this go at Hunt today:

https://huntauctions.com/live/imagev...=313&lot_qual=

"Ouch" to the seller.


I sold one earlier in the year at Lelands and did very well, glad I sold when I did (and where I did):

https://auction.lelands.com/bids/bidplace?itemid=107785

Thank you Lelands!

[71buc]

Ticket prices have come back down to earth. Even at $825 that’s still a lot of Money for a ticket stub. You did out REALLY well on yours. I think $825 is closer to reality. I get the attraction for that ticket but we are talking Rick Monday.

[Scott Garner]

Mike & Paul,
FWIW, I do agree with this Mikes assessment.
Other tickets in the same auction sold for all time high valuations (Warren Spahn 300th win). That's pretty awesome.
It really depended on the ticket and scarcity...
Growing up in So Cal, I guarantee that there was no shortage of fans at the Rick Monday saves the flag game. BTW, I once had a nice season ticket that sold in the old Parleton Auction in the SCD for under $150.

[mrreality68]

I think the in general ticket prices will go down BUT not on key accomplishment type tickets
In my un educated opinion
As more people were getting into tickets they were uninformed and were buying tickets and driving up prices
As they got more educated and saw the importance of the value of the tickets related to key events ie someone 500th homerun, final game played, record breaker etc, those are not going down but keep going higher

[Snapolit1]

The Rick Monday ticket is not related to a historic baseball contest or a legendary iconic play (i.e., Willie Mays The Catch, unassisted triple play), but another kind of event. While an important patriotic event to some or many people, it's really a different animal than a lot of other baseball tickets.

The Willie Mays The Catch ticket at Hunts went just fine. $3950 begore the juice.

[Shoeless Moe]

True, but a Mays Catch Ticket went in their last Live Auction in the Spring for
$22,900.00

Granted slightly better condition, but NO WAY almost a 20K difference.

https://huntauctions.com/live/imagev...=288&lot_qual=

https://huntauctions.com/live/imagev...=197&lot_qual=


I'd even rather have the Bleacher one, closer view of "The Catch".

[Snapolit1]

agree

[jimjim]

Yes, they are definitely coming back down to more realistic pricing. Just like Scott said, scarcity is still the main driver. Bidding wars between 2 or 3 bidders still occur for the super rare ones.

[MVSNYC]

Beat up Called Shot stub in Heritage at $15,000 with a day to go...I think stubs are doing just fine. (Side note- I had a nice example about 10 years ago, cost me only $1,500. Should've held onto that one, oh well).

Tickets skyrocketed over the last 12 months, and it appears some have softened a bit, but like cards that skyrocket, if they come down, they still land way above where they started pre-boom. As far as I can see, the ticket sector is still very strong. Blue chip, like cards, will always be blue chip- Debut stubs, rookie season stubs, historic moments, rare feats, scarce tickets, inaugural events, etc.

[mcgwirecom]

Michael Jordan debut stubs had sold for over $250,000 at one point but have seen them for less since that point. I think it just depends on how many there are. Once demand is met the prices drop. I think think truly rare tickets will maintain and go up, a 1984 Bulls stub is not so rare though.

[Michael B]

It is not just the four major sports that see crazy prices. This ended Last night.

https://www.rrauction.com/auctions/l...-ticket/?cat=0

This was my consignment. I have owned several tickets from this event. I still own one. I would have expected maybe 10-20% of this price. I fell off my chair when I saw the final bid.

[Schlesinj]

Originally Posted by mcgwirecom

Michael Jordan debut stubs had sold for over $250,000 at one point but have seen them for less since that point. I think it just depends on how many there are. Once demand is met the prices drop. I think think truly rare tickets will maintain and go up, a 1984 Bulls stub is not so rare though.

That stub was a full ticket, but a stub (not Ticketmaster) sold for $80kish a few months ago. I have put up my ticket on Heritage this auction and it is sitting around $20k with the auction ending tonight. I just think the 80k is the high mark and they seller should be real happy, but I suspect think they are finding their new level.

[Shoeless Moe]

Yah it's always key to be the first (or first in a long while). I've been 1st and 2nd and 2nd can be quite a difference.

[Snapolit1]

Called shot is probably the most coveted baseball ticket I can think of. 20k for a relic ticket like that seems absurdly cheap to me, in a collecting world where it costs more to get some dude's psa 10 rookie card from 1972, or where someone spends close to a million for some silly LeBron concoction.

Originally Posted by MVSNYC

Beat up Called Shot stub in Heritage at $15,000 with a day to go...I think stubs are doing just fine. (Side note- I had a nice example about 10 years ago, cost me only $1,500. Should've held onto that one, oh well).

Tickets skyrocketed over the last 12 months, and it appears some have softened a bit, but like cards that skyrocket, if they come down, they still land way above where they started pre-boom. As far as I can see, the ticket sector is still very strong. Blue chip, like cards, will always be blue chip- Debut stubs, rookie season stubs, historic moments, rare feats, scarce tickets, inaugural events, etc.

[jethrod3]

I agree that the Ruth "Called Shot" ticket is probably the most coveted baseball ticket overall. But I've recently noted a trend in basketball tickets.

I've been pleasantly surprised by the bump in interest (and sale prices, at least on eBay) in ABA tickets. Stubs and often even full tickets used to go for just a couple of bucks a couple years ago, unless they were from very significant games, and even more recently even special tix didn't seem to do well. But even regular-season games have been selling well in the past couple of months.

Some of those ABA tix originally came from me; I made the mistake of selling some full tix and stubs to a dealer at a show in June, and he sold them on eBay for a LOT more than what I'd sold them to him for. I'm not bitter about that----I'm glad to see he made some money on them. But I'm actually much more glad to see ABA tix doing well because in my opinion, ABA full tix and stubs were an under-rated segment of the ticket-collecting hobby. So few people attended many of those games, so we are talking about some fairly rare mementos!

[Michael B]

Originally Posted by Schlesinj

That stub was a full ticket, but a stub (not Ticketmaster) sold for $80kish a few months ago. I have put up my ticket on Heritage this auction and it is sitting around $20k with the auction ending tonight. I just think the 80k is the high mark and they seller should be real happy, but I suspect think they are finding their new level.

Actually, that ticket sold for $468,000.00. From SCD's site:

When NBA fan Michael Cole couldn’t find anyone to go with him to the Oct. 26, 1984 game between the Chicago Bulls and Washington Bullets at Chicago Stadium, he bought a ticket and went by himself.

That decision now seems like one of the best moves he ever made.

A young player named Michael Jordan made his NBA debut that night, scoring 16 points, grabbing six rebounds and dishing out seven assists in the Bulls’ 106-93 win.

Thirty-seven years later, Cole sold the ticket to Jordan’s NBA debut for a record $468,000 in Heritage Auctions’ Winter Platinum Night Sports Auction.

[71buc]

I actually think the Jackie Robinson debut is the most coveted baseball ticket.

[Jewish-collector]

You did well Michael B. on that consignment, you old geezer you beer chug.gifbeer chug.gifbeer chug.gif

[jethrod3]

That 1932 Called Shot ticket ended at $15,000. That was for a PSA 1 (buyer's premium included).

Originally Posted by MVSNYC

Beat up Called Shot stub in Heritage at $15,000 with a day to go...I think stubs are doing just fine.

[MVSNYC]

Yep, and was in rough shape.

Worth about 5x where it was about 3-4 years ago.

[ran]

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