T206 Price Opinions.....Elite 12 Question...

[RCFire82]

Building an off-back T206 set (202/524).

Was happy to recently get this Old Mill Chesbro ($1k) and Lundgren, Chicago P350 ($1,225).
Were these Over-Pays? About Right? or Good Deals?

Perhaps something could be said to the toughness of finding Old Mill portrait HOFers, and Lundgren Piedmont 350 being part of the Elite 12, as these were my justifications for "getting out the check book"

Hoping to get the opinion of smarter t206ers than myself...

Thanks,
-Ryan

[rand1com]

I would say a little high based on VCP.

A Lundgren fell through the cracks on a PWCC auction on Ebay back in March of this year and traded hands at $175 in a PSA 2. However, Heritage sold a PSA 2 in 2020 for $1500. Obviously, the value lies in between.

A Chesbro in a PSA 4 sold for $1250 in 2020 in a Heritage auction.

Obviously, they don't trade hands all that often so there is no true established value so if you really wanted them, you did OK.

[Natedog]

The Lundgren that sold on PWCC back in March was the KC version, not Chicago, hence the big price difference.

Originally Posted by rand1com

I would say a little high based on VCP.

A Lundgren fell through the cracks on a PWCC auction on Ebay back in March of this year and traded hands at $175 in a PSA 2. However, Heritage sold a PSA 2 in 2020 for $1500. Obviously, the value lies in between.

A Chesbro in a PSA 4 sold for $1250 in 2020 in a Heritage auction.

Obviously, they don't trade hands all that often so there is no true established value so if you really wanted them, you did OK.

[rand1com]

Originally Posted by Natedog

The Lundgren that sold on PWCC back in March was the KC version, not Chicago, hence the big price difference.

Well, according to the picture posted on VCP for that auction, it was the Chicago version. I just looked at it again since I thought I had looked at the KC version based on your post.

Perhaps, VCP made a mistake but based on their info the card was the Chicago version.

[Natedog]

I think I see the problem after looking on the PWCC website. They incorrectly listed it as the Chicago version, but the pic they posted of the card is the KC version. I think the $1500 on Heritage is more like market value for a 2 with that tough front/back combo.

Originally Posted by rand1com

Well, according to the picture posted on VCP for that auction, it was the Chicago version. I just looked at it again since I thought I had looked at the KC version based on your post.

Perhaps, VCP made a mistake but based on their info the card was the Chicago version.

[rand1com]

Originally Posted by Natedog

I think I see the problem after looking on the PWCC website. They incorrectly listed it as the Chicago version, but the pic they posted of the card is the KC version. I think the $1500 on Heritage is more like market value for a 2 with that tough front/back combo.

Again, the picture VCP posted that linked to the PWCC auction is clearly the Chicago version. You can see the actual card on their site. Not sure how they could link the wrong card.

[Leon]

Originally Posted by rand1com

I would say a little high based on VCP.

A Lundgren fell through the cracks on a PWCC auction on Ebay back in March of this year and traded hands at $175 in a PSA 2. However, Heritage sold a PSA 2 in 2020 for $1500. Obviously, the value lies in between.

A Chesbro in a PSA 4 sold for $1250 in 2020 in a Heritage auction.

Obviously, they don't trade hands all that often so there is no true established value so if you really wanted them, you did OK.

Do aesthetics play into the pricing? I will pay double a vcp average for some cards (and have). That Chesbro above is really nice and has big borders. I would pay a premium for it . Personally, I am not too interested in avg vcp cards for my T206 HOF project...
.
.

[Oscar_Stanage]

I am not sure there is such a thing as 'overpay' in such an illiquid market. if you are talking Red Cobbs, sure I can give my view, but a lot of other cards are +/- 20% at any auction. i had just posted 2 white hat mattys in the last heritage auction . 2 indistinguishable SGC 3s, one sold for 1650 and other 2400.

[3-2-count]

Originally Posted by Leon

Do aesthetics play into the pricing? I will pay double a vcp average for some cards (and have). That Chesbro above is really nice and has big borders. I would pay a premium for it . Personally, I am not too interested in avg vcp cards for my T206 HOF project...
.
.

I’ll second this! Agreed!

[rand1com]

Originally Posted by Leon

Do aesthetics play into the pricing? I will pay double a vcp average for some cards (and have). That Chesbro above is really nice and has big borders. I would pay a premium for it . Personally, I am not too interested in avg vcp cards for my T206 HOF project...
.
.

Certainly, the "Looks" of the card make a lot of difference to some collectors. Hence, buy what you like and pay for it with no regrets.

VCP provides only a glimpse of graded card prices but is certainly an invaluable tool to most collectors when trying to determine an approximate value of a specific card.

As others have said, on cards with tough variations pricing is fluid.

I once saw a card sell for $29 on Ebay and the exact card sold for $1500 in a Heritage auction. It was the only Old Mill back graded by SGC at the time but it was a common card so no one was submitting it for grading. Obviously, it fell through the cracks on Ebay but not through Heritage.