Ruth sporting news rookie PSA 4 REA

[Jdoggs]

Ruth sporting news rookie PSA 4 currently at $156,000 in REA.
SMR for PSA 4 is $47,500 so the Ruth PSA 4 rookie is more than triple SMR!

[BobbyVCP]

Sales on high end cards are through the roof. There is no record sale of this card sold since Goodwin auction in 2010 and that went for $26K

[glchen]

Originally Posted by Jdoggs

Ruth sporting news rookie PSA 4 currently at $156,000 in REA.
SMR for PSA 4 is $47,500 so the Ruth PSA 4 rookie is more than triple SMR!

That card makes me sad. Back around 2011, that same card was on ebay starting at 99 cents with a $15K reserve and a $25K BIN. I never hit the BIN. I thought I could perhaps win it for around $20K. Tony eTrade actually ended up winning that card for around $28K, and I remember knocking him on the PSA board saying if he were willing to bid up to $28K, he should have just hit the BIN button. (The BIN disappears once the reserve price is met.) Link. I think he (or someone who bought the card from him) ended up selling the card on Goodwin for a little under 50K later. Link. I was always wishy washy on that card because of the staining on the back, and thought it didn't deserve the 4 grade. Of course, now I wish I knew better then.

[pokerplyr80]

How about 200k for the centered SGC 4? Or 80k for the tilted psa 5.5 52 Mantle. Looks like some records will be set tonight.

[MetsBaseball1973]

The Ruths are bonkers and so are those Micks...

1952 Topps Mantle PSA 6 - 108,000 and counting
1952 Topps Mantle PSA 5.5 - 78,000 and counting
1952 Topps Mantle PSA 1 - 9000 and counting (heavy stains)
1956 Topps Mantle PSA 9 - 57,000 and counting


And as was noted by Pokerplyr80, not one of the 1952 Mantle has premium centering.

[Iron Horse]

Although this is good for the auction houses and those who purchased their Ruth's, Mantles...3-5 years ago. It isn't so good for those of us who are true collectors and not investors. The recent trend on these crazy prices also puts lots of collectors out of reach to own key cards of these HOFers in any decent condition. There is big $$$ now in the hobby more then ever.
Look at the E253 Ruth in PSA 2. Last i checked @ $3600 with the juice.
It certainly is the wild,wild west

[53Browns]

These prices cant be sustained. IMHO it's getting ridiculous.

[nat]

If it's investors who are driving this, it's going to end in tears. If what we have is investors buying from investors for record prices, eventually some people are going to start saying "that's enough risk for me, time to cash out". Which reduces demand, and then others notice that records aren't being set weekly and decide to cash out themselves. And then it all unravels.

[Bored5000]

I know the Gimbel's back is more rare than a blank back or a Sporting News back or a Famous and Barr back. But it is still amazing how that card has gone through the roof over the past decade.

A Gimbels Ruth in PSA 5 sold for $12,600 in 2004.

http://www.lelands.com/auction/Aucti...-Gimbles-PSA-5

A different Gimbels Ruth in PSA 5 sold for $29,000 in 2006.

http://catalog.scpauctions.com/lot-6599.aspx