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#1
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Ok let me get this over with since my secret is soon to be out. This is one of my favorite uncataloged issues that I have kept secret for 40 years.
Now that 14 walked into a local Card shop in Baltimore and have been consigned to Huggins and Scott, I might as well spill the beans. These were issued locally to Baltimore only and were inside a loaf of Tip top Bread. Now you may ask yourself, how does Dan know this? Is he just guessing or did some old Indian elder tell him while sharing the peace pipe? Well, Dan has a copy of the newspaper ad that was in a 1921 Baltimore Sun paper and it shows the premiums and a loaf of Tip Top Bread. These are about the size of a Goudey Fine Pen and are made of similar paper stock. They are very rare and the true Lefty Grove Rookie card is included in the set. Or should I say pre-rookie since Baltimore was in the International League in 1921. Ok now that the cat is out of the bag I would appreciate everyone feeling very sorry for me and returning all of my Alpha cards. Then I want everyone on the board to promise that they will not bid on any of these premiums. Thanks for your cooperation! and of course I am joking, good luck to everyone interested, it is a great local issue from the Baltimore area. take care Dan Mckee |
#2
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I'd like to see that ad from the 1921 Baltimore Sun.
__________________
Looking for Nebraska Indians memorabilia, photos and postcards |
#3
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According to Jeff P., this doesn't count unless you say "Dibs!" |
#4
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I am going to dig my copy of the ad out tonight for Huggins and Scott, I will try to post a scan of it here for you gents as well. If I remember correctly, it is a poor photo copy of the original Newspaper ad that another local collector actually owns.
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#5
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Can we see what they look like?
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#6
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Surely, I will post a card with the ad tonight Barry. Send all donations to Dan Mckee at the Baltimore Mental institution.
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#7
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Jim, Jeff P. can have the dibs on this one. I call dibs on the 1987 Topps set newly discovered.
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#8
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You've got to be kidding me, $9,500 already on the Lefty Grove in less than 24 hours since the auction opened!!!
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#9
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The group of 13 went from $2000 to $8500 in ten minutes. Are they closing those two lots tonight?
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#10
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Same thing happened with the '49 Leaf Newhouser Variation. It seems that all newly discovered/disclosed cards that are consigned to Huggins & Scott go crazy on their prices immediately, very interesting...........
Maybe the Just So Buck Ewing should have gone to them............ |
#11
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__________________
Leon Luckey www.luckeycards.com |
#12
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I almost thought about joining your group on the lot of 13...something tells me you guys aren't going to win it.
And my 1000th post ![]() |
#13
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Grove now over $20K with juice.
Guess I'll have to stick with my 1920 Baltimore Team Photo w/Grove pictured. Won't be picking up this Tip Top Rookie Card for sure.......... |
#14
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I need some card TARP money...If some twit from a bailed out bank buys them with his bonus money (e.g., my tax money) I don't want to know...
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 11-28-2009 at 08:18 AM. |
#15
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I am going to direct this comment generally, since I think there is a lot of sentiment similar to Dan's, so I will not single him out as a villain.
Ok, why would anyone keep a hobby find "secret?" I can understand if the forum or venue was not matured to the point where people would acknowledge/appreciate a find, but with Net 54 that is simply not the case. I can also understand if someone is just getting around to scanning or documenting a find, since scholarly work and research does take time. But once you are armed with the facts and photos, get the find out in the open and catalog it. As with other finds, let others fill in the blanks with anecdotes, articles, and ancillary items. Baseball card collecting is at times scholarly, and at times a very petty hobby. The only way for Everyone to appreciate the item is to publish and publicise it, and let value fall where it may. The Lefty Grove is an instant classic. Why did I need to wait my whole collecting life to find out about this when a hand full of people already knew about it? You just make Bob Lemke's job and everyone else who is trying to document and preserve our hobby that much more difficult. Dan and others on this board, I respect and greatly appreciate your hobby insights, knowledge, and experience in our great hobby. Please continue to share openly that we may all benefit from your collective wisdom. Regards,
__________________
Jason |
#16
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I spoke to another collector from a tiny town on the Eastern Shore of Maryland who has a Grove.....I know of three in the hobby now. The fellow from the Eastern Shore was admittedly not the most internet savvy.
James |
#17
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James:
Dan stated earlier in this post that he does not have a Grove in his collection. Is there actually a third one out there somewhere? If so, this card is not going to have the mystique of the Just So Young or Alpha Photo Orioles. I guess it all depends on the "ceiling bid" of one individual and at least one other "person" who keeps driving the bidding higher and higher but do we really expect the price to continue rising at its current rate when this is certainly not a unique item? Last edited by bcbgcbrcb; 11-28-2009 at 08:45 AM. |
#18
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Dan is one of the class acts in the hobby and has contributed more than 99+% of collectors. Disclosing unlisted cards is a tough decision. In most cases the card will be worth less if it is in the catalog than if it is "unlisted". The people who don't own the card always want to see the card disclosed--they have nothing to lose and information to gain. The owner of the card always has a tough choice; one that should not be second guessed either way.
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#19
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#20
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While I agree that there may be valid reasons for some reasonable delay while gathering additional facts about a find, the attitude that "I'm going to take this secret to my grave" is just couterproductive for the collector and definitely not in the interest of the hobby. I have never understood the rationale that keeping an "uncataloged card" secret will make it worth more in the future. As you suggest, sharing the find with the hobby very well may uncover additional facts that would only stimulate interest (and value) to the find. As I believe it has been pointed out before, keeping "new discovery" secrets is like asking "if a tree falls in the forest, does it make any noise?" If nobody knows about it or is there to hear it, what difference does it make. I strongly believe that a card's value can only be enhanced when it is revealed and widely discussed. As editor of Old Cardboard, I have spent the past six years of my "retirement" with the sole purpose of providing new and interesting information to the hobby about vintage baseball cards and memorabilia. From my perspective, I have great admiration for our authors and others who have freely shared information about the card sets in which they have expertise. By doing so, they have contributed very significantly to the hobby. And in the process, I firmly believe, have increased the overall value of the cards they discuss. Lyman |
#21
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Lyman--With all due respect I think you are dead wrong on the valuation question. An unlisted Old Judge pose of Jim Tyng sold for approximately $20,000 in the last REA auction. Over the years I have found easily 25 unlisted Old Judge poses, cards probably no more or less scarce than the Tyng pose, and I guarantee you that since they are "listed" they would only sell for a small fraction of the Tyng price.
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#22
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1) Are you saying that the Jim Tying card being "unlisted" is the sole reason the it sold for that price? 2) Did not the card, in effect, inherently become "listed" the instant that it appeared in the REA catalog--before it sold for that price? 3) What is your opinion of the value of the card today. Since it is now listed, is it worth much less today? 4) Do you think that your same rationale applies in other situations (say for an entirely new set like the 1921 Tip Top Bread issue, rather than a card like the Jim Tying card from an already established iconic set)? 5) Are there any exceptions to your "unlisted has a higher value" rationale or do you think that rule always applies? 6) What is the rationale that explains why an "unlisted" card has more value? Jay, you know that I luv ya (and Dan Mckee is one of my all-time closest collector friends). We just seem to differ on this issue. Perhaps your answers to the above questions may convince me differently. ![]() Lyman Last edited by lhardem; 12-05-2009 at 07:49 AM. Reason: Correct spelling. Gee, I hope Barry didn't see that one. |
#23
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While I agree with Jason and Lyman I see Jay's point too. I don't think you can make a blanket statement on ALL unknown cards losing value when they are made known, as well as, or, increasing in value from being known. Some sets are so scarce an unknown card isn't that big of a deal, as there are many that aren't known (N175, Frederick Foto's etc)..... Overall, I do like sharing knowledge but understand both sides of the argument. Personally, I tend to fall on Lyman's side in discussing the rarest issues....And again, that doesn't mean I don't think some cards are less valuable when catalogued. On these Tip Tops I don't think it made a difference in their value....I also think individually they would have done just as well or better....but they aren't doing bad as a lot either....regards
__________________
Leon Luckey www.luckeycards.com |
#24
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Good News Phil - at the $17K level the buyers premium is only 10% so you can put in one more bid and still be under $20K. ![]() Edited to say: Sheeesh it's already at $19K (sans juice). Last edited by Cat; 11-28-2009 at 08:11 PM. |
#25
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I personally like to show unlisted unknown cards as much as I can. But I dont report them anymore since the crazy low price listed for the last 7 years on the Holland Ice Cream Peckinpaugh unique example card I found on eBay in the early years. It sold years ago for $3K in G/VG and is STILL listed at $2500 NRMT
If no one comes back showing me more examples, especially on net54, I know I have something fairly unique. example.... 1959 Esslinger Beer HR Derby Aaron (dont own anymore, another board member has it now), but now know it is most likely unique, since Ive flashed it about 20+ times, and even offered to cut my price at the time in 1/2 if someone shows me a scan of another example. Couple more... 1933 R340? Sport Kings Ruth Premium (at worst this is a R309-1 prototype) ca.1941 Kroger Bread (email for scans if interested) anyone have any of these???? Still asking ![]() Last edited by fkw; 12-03-2009 at 08:32 PM. |
#26
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Look at the current price of these items in Huggins auction, this is why Dan keeps items secret and uncataloged at all costs.
Here is an issue I would like to collect and I no longer can. Trust me, I will NEVER help nor catalog any of my uncatalog rare stuff until I am ready to sell. FK'M Collecting in 2009 SUCKS! |
#27
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Dan, I understand your frustration, but not your logic, at least here. I would suggest that one of the main reasons these cards are going as high as they are is BECAUSE they are uncatalogued. There is always a mystique associated with uncatalogued cards, at least for some, who gotta have what they believe is super scarce. Personally, I find the cards to be only moderately attractive, and largely no-name players who should be enticing only to type collectors and Baltimore area collectors like yourself. So why do they command such $$$?? Again, I believe it's because of the uncatalogued factor.
If you would have leaked these out a couple years ago, the catalogs would have no or very little pricing info, and they would be far more conservatively listed. Stumbling upon one at a mall show might have set you back a few hundred dollars from some part-time dealer who looked at a price guide. You wouldn't get to steal one from some poor bloke who had absolutely no clue what he had if they were listed, but by the same token, you wouldn't face what you're obviously looking at now---upcoming catalogs showing these to be priced at four figures each. Thus, from a collector-buyer's standpoint, I would think you would want these cards to appear as common (or at least not so scarce as to be uncatalogued) as possible. |
#28
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As I said; you've hit the rough edge of keeping hobby items a secret.
Now; most people will know how expensive those cards are AND you won't get the Grove reasonably to finish your set, But let's be honest as well; aren't you also partially upset at yourself for YOU could have been the one to cash in big time: http://www.hugginsandscott.com/cgi-b...l?itemid=16722 $30K without juice and counting. Not a bad day and as has been spoken; the consigner is thrilled. Now go out and sell yours and cash in. You'll feel better and your wife will appreciate the nice holiday gift you give her! Regards Rich P.S. And as for the rest of your secrets, as has been pointed out, better make sure you tell your children for otherwise when that day comes they might not even care about daddy's cards |
#29
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Todd - I think you've hit the nail on the head.
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#30
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Trust me, I will NEVER help nor catalog any of my uncatalog rare stuff until I am ready to sell. FK'M
Dan: And I'm taking a step of two off; but when I was at Beckett; if you had told me about these cards and sent a scan here is what would have happenned. 1) You send me the scan and checklist 2) I list them and ask you, since you are the person holding them for an approximate retail value 3) You tell me, let's say $100 each and I say sounds good; put the Grove at $1000 because of when the card was issued relative to his major league debut. I'm assuming you are telling me the truth when you tell me the est price guide value. 4) Beckett lists the cards; they are catalogued with a price guide value (of what turns out to be 10 percent of the value); you get a chance to purchase these cards you need for your set at a reasonable price level and I get to add a fun set to the data base. 5) Get me enough checklists and I would have made sure you had a comp ad (which god knows, I made sure enough of those were given out for help and kept them going for years) 6) And then what Todd said Not trying to bust your chain; but in this case; the leakage really would have helped you. Now go sell YOURS ![]() Regards Rich Last edited by Rich Klein; 12-05-2009 at 12:58 AM. |
#31
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Very insightful post, Todd. The perceived uniqueness of the issue definitely contributes to the bidding. Had they been catalogued already I can see someone going after the Groves [sic] to get a pre-rookie but not the frenzy that is going on over these cards. Now that the price baseline is set the future sellers who emerge (and they always do) will demand extraordinary prices. In a few years when there are no takers the prices will start to drop and at some point will reach a rough equilibrium.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... |
#32
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There really may not be all the frenzy the bidding suggests. Isn't it possible it is just two of the usual suspects, otherwise known as whales, bidding against each other? And everyone else is already out.
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