Red Hindu Challenge!

[Chicago206]

A couple of forum members claim that common player PSA 1 red Hindu cards can be had easily for $500. I clearly disagree. In fact, im going to put my money where my mouth is on this one. I will pay $500 cash on all PSA 1 / SGC 20 common player red Hindus that im offered up to 10 cards. Thats right. I have $5,000 in cash just waiting for the "endless" PMs to start rolling in. Chances are 99% that I dont get a chance to buy a single card at this price within the next 3 month span. Let the offers begin!

[tiger8mush]

I have an SGC A, but not a number grade

Good luck w/your purchases!
Rob

[JP]

If you're looking only on Net54, your chances are slim. More collectors here than sellers, and those that do sell on occasion may not want to sell just so you can prove a point to others... Try some auctions outside of eBay and a show or two....sure to find a few for that price. Or maybe make an offer on some of the crazy priced ones on eBay. Won't hurt.

You also are basing your opinion on only 2 months of being in the hobby, while many of us here have been doing this for a quarter century, and others half a century....

[packs]

It's nice to see that you have approached this board with a renewed maturity.

[Chicago206]

Originally Posted by JP

If you're looking only on Net54, your chances are slim. More collectors here than sellers, and those that do sell on occasion may not want to sell just so you can prove a point to others... Try some auctions outside of eBay and a show or two....sure to find a few for that price. Or maybe make an offer on some of the crazy priced ones on eBay. Won't hurt.

You also are basing your opinion on only 2 months of being in the hobby, while many of us here have been doing this for a quarter century, and others half a century....

Im basing my opinion not on 2 months of being in the hobby (its closer to 5 actually) but rather on realized CURRENT pricing. I went to the Chicago Sun Times show in March. 150 dealers, 0 red hindus. I scour ebay constantly. Other than the two way overpriced BINs and the card with half the back missing, there have been no red hindus. There are only a couple lots with red hindus in the current 2 major auctions (1 lot features 8 cards). I dont think you are giving enough credit to how rare this variation actually is. To say it can be had in PSA 1 with any frequency at $500, and then to tell me you know this because you have collected baseball cards for 25+ years only shows me one thing. That you have not been tracking the recent sales and very scarce availability of this particular card. I'd like to see a couple of real world auction/sales data thats recent that support your claim.

[JP]

I just don't think you'll ever understand...

[dstudeba]

Originally Posted by Chicago206

There are only a couple lots with red hindus in the current 2 major auctions (1 lot features 8 cards). I dont think you are giving enough credit to how rare this variation actually is. To say it can be had in PSA 1 with any frequency at $500, and then to tell me you know this because you have collected baseball cards for 25+ years only shows me one thing. That you have not been tracking the recent sales and very scarce availability of this particular card. I'd like to see a couple of real world auction/sales data thats recent that support your claim.

A problem I see is that everyone is using non precise language in this topic. To someone who has been around the hobby for a long time Red Hindus do not seem rare. Hell you said there are currently a couple of lots available. If your definition of rare is "I can't buy one in the specified grade after looking for a week" that will be different than mine which is more on the order of "I really hope one comes up for sale this year since none came up for sale in the last two years."

This isn't just for the OP, but back to the never ending discussion of what is rare. An N167 is rare, a Red Hindu is not.

I also think wonka had some good points.

[Chicago206]

"Rare" is a relative term by its very nature. Compared to a Piedmont or Sweet Cap, the red Hindu is exceedingly rare. Compared to an Uzit, or a Drum, the red Hindu is simply an "also ran". Since we have no definitive parameters for the term "rare" as applied to card collecting, its going to always be a confusing description. One person's rare is another's scarce, is another's common. To me, any red Hindu is a rare entity when compared to all of the T206 cards still in existence. If there are still 1,000,000 total T206 cards surviving in all grades/backs/and players, certainly the red Hindu version makes up far less than 1% of the total population, and quite possibly even far less than 1/2 of 1% (fewer than 5,000 total cards). That pretty much qualifies as "rare" when taken in context.

[packs]

You keep claiming that your ad was sincere and wonder why people were annoyed with it. If your ad was sincere, why not just say you were looking to pick up a Red Hindu at X price? Why did you make the decision to try to turn it into a "look how dumb these guys are!" post? Call a spade a spade. You picked a fight over card prices after you once again turned card collecting into this is how much I paid and this is how much money I have laying around for more cards. I don't think anyone is interested in either. And every time someone posts an example of the cards falling in the range speculated on, your response is "someone got a good deal on that card" which is exactly our point.

[dstudeba]

Originally Posted by Chicago206

If there are still 1,000,000 total T206 cards surviving in all grades/backs/and players, certainly the red Hindu version makes up far less than 1% of the total population, and quite possibly even far less than 1/2 of 1% (fewer than 5,000 total cards). That pretty much qualifies as "rare" when taken in context.

If you put it in that context I guess it could qualify as rare, but in the the context of card collecting I wouldn't consider something that had 5,000 examples rare. Despite what it looks like today, this board is a vintage baseball card board, not a T206 board.

[Wite3]

Chicago,
Just so you know...two years ago at least three different red hindus sold in auctions for less than $300 each. Last year, I know that one sold for less than $500 (I bought it myself). A red hindu in PSA A or 1 can be had for between $400 and $600 in my opinion. Yes, they are rare and they do not come around very often but they are out there.

Just so you know...I will not sell my red hindu. I do suggest that you listen to some of these people as they know what they are talking about.

Joshua

PS I know Brian Cataquet (a well known and respected dealer) has a red hindu mcgraw on his site that he sold for less than $500...not sure how recent but his site has not been up all that long.

[jb217676]

Chicago206, is your boat now up for sale?

[Leon]

At minimum a few thousand collectors saw this. But it was way back in March....

http://www.b-lauctions.com/site/bid/...etauctionid=74

[Chicago206]

Someone got a very nice deal on that one Leon! It seems as maybe my offer of $500 per card for 1's is a little strong. Lets see just how many im able to buy at that price point though. My offer stands.

[Bridwell]

I think there was a buyer's premium added to that Magee, so the sales price was around $550?

I've got a PSA 3 Red Hindu I will sell. Contact me privately if you wish to negotiate on it.

Ron R

[JP]

Originally Posted by Chicago206

Someone got a very nice deal on that one Leon! It seems as maybe my offer of $500 per card for 1's is a little strong. Lets see just how many im able to buy at that price point though. My offer stands.

At this point, no matter how much you offer, you may not get any takers. Having the money and willingness to pay doesn't necessarily make you someone that people will want to deal with.

And shouldn't this thread be moved out of B/S/T? With all of the commentary in the original post, it was never a genuine ad, and everytime someone posts, all of the legit B/S/T posts get pushed down. Not really fair to the real buyers and sellers...

[fkw]

Are low grade Red Hindus really over $500 now for a common player?

Wow, I remember when they were only a couple hundred not too long ago...

Must be more back type collectors nowadays.

[jmk59]

Originally Posted by Leon

At minimum a few thousand collectors saw this. But it was way back in March....

http://www.b-lauctions.com/site/bid/...etauctionid=74

Good one! As we know, in this context "March 8" means the same as "the beginning of time". Or at least "the creation of the vintage card collecting hobby".


Here's the sad thing that is being lost. Some of the questions and issues Chx206 raises have good underlying substance - the kind of inquisitive exploration about the hobby that gives veterans a chance to help rookies and anyone else fortunate enough to be listening in. But the tenor of every thread and every post is so incredibly belligerent that no one wants to deal with it, help is barely forthcoming, and others with questions may figure it's just not worth it.

The life of the board is shared knowledge and a common experience. Anything that undermines that process - no matter how well intended - damages the board, IMHO.

Joann

[Jim VB]

Originally Posted by jmk59

Good one! As we know, in this context "March 8" means the same as "the beginning of time". Or at least "the creation of the vintage card collecting hobby".


Here's the sad thing that is being lost. Some of the questions and issues Chx206 raises have good underlying substance - the kind of inquisitive exploration about the hobby that gives veterans a chance to help rookies and anyone else fortunate enough to be listening in. But the tenor of every thread and every post is so incredibly belligerent that no one wants to deal with it, help is barely forthcoming, and others with questions may figure it's just not worth it.

The life of the board is shared knowledge and a common experience. Anything that undermines that process - no matter how well intended - damages the board, IMHO.

Joann

I agree, Joann. Very nice summary, especially considering you're in the middle of an "ear bleeding" meeting all day.

Chicago has asked some valid questions in the past, but the "tone" (as such there is on a message board), obscures any validity.

[rman444]

Originally Posted by jmk59

Here's the sad thing that is being lost. Some of the questions and issues Chx206 raises have good underlying substance - the kind of inquisitive exploration about the hobby that gives veterans a chance to help rookies and anyone else fortunate enough to be listening in. But the tenor of every thread and every post is so incredibly belligerent that no one wants to deal with it, help is barely forthcoming, and others with questions may figure it's just not worth it.

The life of the board is shared knowledge and a common experience. Anything that undermines that process - no matter how well intended - damages the board, IMHO.

Joann

Joann - good post. This is exactly my take, and I believe many veterans are shaking their heads in agreement as well. Is the board damaged? I believe so. Beyond repair? Time will tell.