Leland’s Results Mint Auction

[Johnny630]

Last Night I was Following the Path of this 1951 Bowman Mantle PSA 8

https://auction.lelands.com/bids/bidplace?itemid=107698

The Card Sold in July 2021 for $498,000 Memory Lane Auction Same Card Same Cert as Leland’s Mint Auction

https://memorylaneinc.com/site/bids/...e?itemid=60643


The card sold last night for $368,580

This card a long with other big cards is Playing Musical Chairs Auction to House Auction House. Was this done to manipulate the market and drive up the prices on all the cards across the board? Especially those of lower grade ?

Who allegedly spends that kind of money to flip losing $130,000 in less than seven months unless they’re complete idiots. I don’t know too many people with that kind of money that are that stupid unless something else is going on here.

Maybe they can take the loss if they had recouped enough off 51 Bowman Mantles in grades 2-5 they manipulated up to balance off their 130k loss….idk

I think people are finally starting to wake up.

[ullmandds]

dunno? buy the card not the holder?

Is the rt one worth 400K more than the left???? I think not?

[Johnny630]

Originally Posted by ullmandds

dunno? buy the card not the holder?

Is the rt one worth 400K more than the left???? I think not?

That’s not what I’m talking about here Pete

[ullmandds]

psa 8 sold for over 500K this past weekend?

[ullmandds]

I mean I am certainly a believer in the pump and dump schemes in the hobby...but also the easy money in the economy/hobby has pretty much come to an end?

Just like in the market the overvaluedstocks with nonsensical valuations have fallen back to earth...where the quality stocks have held their own moreso.

The 500K mantle just sold is much better than the lelands one you've shown...imo?

[Johnny630]

Originally Posted by ullmandds

I mean I am certainly a believer in the pump and dump schemes in the hobby...but also the easy money in the economy/hobby has pretty much come to an end?

Just like in the market the overvaluedstocks with nonsensical valuations have fallen back to earth...where the quality stocks have held their own moreso.

The 500K mantle just sold is much better than the lelands one you've shown...imo?

Pete I don agree it is better :-) , $150k better I can’t buy. People who are collectors with big money pay for grade to a large extent.

I guess what I’m trying to say is I believe this card has been moved around by a leveraged group of buyers manipulating the price not just on this card I feel it’s been going on for a least the past two years.

[Republicaninmass]

IMO Single stupidest auction....I've ever seen.


Guessing these cards will appear ( back?) On the collectable app. As the fine print shows they were a sponsor of the auction.


Lelands, since the passing of Josh Evans, had gone down him and gaining speed.

[perezfan]

Originally Posted by Republicaninmass

IMO Single stupidest auction....I've ever seen.


Guessing these cards will appear ( back?) On the collectable app. As the fine print shows they were a sponsor of the auction.


Lelands, since the passing of Josh Evans, had gone down him and gaining speed.

Completely agree with the part in bold. Both the quality and quantity of offerings have already dropped off considerably.

[Fred]

Originally Posted by ullmandds

dunno? buy the card not the holder?

Is the rt one worth 400K more than the left???? I think not?

Peter, you think not? Really? There's a 7 on one flip and an 8 on the other, surely you saw that. Are you insinuating that the 7 and 8 are the same? I mean, you really wouldn't pay the extra $400K for that increment?

I think it's asinine. I'm so glad I don't give a crap about registries and trying to have the NO.1 set on earth. Especially when there's a good chance that someone with a card in a lesser grade holder probably actually has a nicer card. Oh, that's what you were getting at...