Memory Lane Plank

[g_vezina_c55]

This card was sold for 107K in december 2011.
Impatient to see the result this time..

http://www.memorylaneinc.com/site/bi...p?itemid=26781

[bbcard1]

my guess is $125K...it's a nice one. I don't think everything will go for more these days, but this one is a good candidate.

[g_vezina_c55]

My guess is same price or a little bit less....

[bbcard1]

Economy talk could be bad for it with the closing time at 12/15. There's a lot more bickering coming down the pike....

[Peter_Spaeth]

Originally Posted by bbcard1

Economy talk could be bad for it with the closing time at 12/15. There's a lot more bickering coming down the pike....

I doubt that will affect anyone in the running to buy the Plank....

[sportscardpete]

Isn't the capital gains tax supposed to increase in 2013? That could mean many people are selling out of stocks now to take gains, thus having extra cash for December.

[g_vezina_c55]

Originally Posted by Peter_Spaeth

I doubt that will affect anyone in the running to buy the Plank....

X 2

Anyone who might be a serious buyer for that card have enough money for buy the plank + all his christmas gift

[Matthew80]

Relative ignorant newbie question: Are all interested parties for cards like this (expensive, wildly popularized cards) a known quantity? In other words, do people ever come out of the woodwork to buy cards like these, or do sellers and auction houses know when there are buyers ready to throw down $100k+ on these gems?

Related questions, do buyers of similarly priced cards exist and participate on Net54? I probably wouldn't come forward about it fearing I'd be putting a target on my back. Just curious.

I agree it's a bad time to sell (and buy, obviously) given the ominous nature of politics right now.

[bbcard1]

Matthew, just my opinion, but I imagine you could count the serious players for a card like that on both hands, probably one. They all know it is out there. Occasionally a new person will come into the game. The Plank doesn't have the sex appeal of the Wagner, but it's the next step down, for sure.

I do think that the economy doesn't really affect one's ability to buy, but can really repress their mood.

I actually think this is a decent time to buy if you are spending money that is for an indulgence. One is doing well to get 1% on money in the bank and the stock market is an absolute crap shoot. A friend of mine used to say of rare baseball cards, "It will never be cheaper unless you decide to sell it for less."

I think T206s, rare backs are pretty solid investments and unlike some of the rare 19th century cards, the market is broader. But if I knew everything I'd be rich by now.

[steve B]

Originally Posted by Matthew80

Relative ignorant newbie question: Our all interested parties for cards like this (expensive, wildly popularized cards) a known quantity? In other words, do people ever come out of the woodwork to buy cards like these, or do sellers and auction houses know when there are buyers ready to throw down $100k+ on these gems?

Related questions, do buyers of similarly priced cards exist and participate on Net54? I probably wouldn't come forward about it fearing I'd be putting a target on my back. Just curious.

I agree it's a bad time to sell (and buy, obviously) given the ominous nature of politics right now.

Both, but most people able and willing to buy something at the 100K level are known to the auction house. They also typically would get a personal heads up that the item will be coming up. From what I've heard that's standard with the really big auctions - Sothebys, Christies etc.
With larger stuff and bigger prices they might even get a guided preview, or at least a video of the item sent for free.

Probably. I'm at the other end of the spectrum. The ones who can afford a card like that can have as much or as little publicity as they want. Yes, it's a security concern, but something like the Plank would most likely be in a bank vault anyway.

Oddly, some collectibles do better in a questionable economy. (gold usually, but depending on how bad it looks other stuff does well too)

Steve B

[glchen]

Originally Posted by Matthew80

Related questions, do buyers of similarly priced cards exist and participate on Net54? I probably wouldn't come forward about it fearing I'd be putting a target on my back. Just curious.
...

There are a few people on the board who own Baltimore News Ruth (and I don't know who), and if you look at the total value of some people's collections on the board, you can easily say that they are in excess of 100K by a good deal. Therefore, if they wanted to "trade," they could easily do it. However, I would probably say that very few of those people have a 100K just lying around burning a hole in their pocket.

[atx840]

Nice twins sir...