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#1
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Does it happen very often when a Card of a specific player shoot through the roof, the other cards of that player seem to take a surge in price also?
Mantle is a great example of this happening since the 52 Topps sold for a record breaking price. Seems like in the past few weeks there are less and less great priced early Mantle cards. Some have damn near tripled in price. Is this only something that Cobb, Ruth, Wagner, and Mantle can do?
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Andrew Member since 2009 |
#2
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It's always been a fact is you ask me. You aren't going to find many cheap Ruth cards because Ruth in general is expensive independent of any one card. Mantle's value is ever climbing as time goes on too. I don't think it's any one card that influences the others but instead a general tier reflective of the variables that go into someone having expensive cards.
Last edited by packs; 05-14-2018 at 12:45 PM. |
#3
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examples:
https://www.ebay.com/itm/1954-Red-He...torefresh=true https://lelands.com/bids/bidplace?itemid=87918
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Andrew Member since 2009 |
#4
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Last edited by Snapolit1; 05-14-2018 at 02:01 PM. |
#5
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The most comparable cards to the one the skyrockets see the quickest reactionary increase, while cards that have less similarities are still of the subject may take longer to increase.
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#6
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Andrew Member since 2009 |
#7
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Of course it can and should be expected to happen: it is an Econ 101 concept, an imperfect substitute good. A substitute good is a good with demand that is increased when the price of another good is increased. Imperfect substitutes have a lesser level of substitutability. If you can’t afford a high grade 1952 Mantle, a lower grade card is an imperfect substitute with a fairly high level of substitutability. If you cannot afford even a beater 1952 Topps Mantle and you want a Mantle card, you might go for a decent 1956 Mantle instead. I think that is what is going on with a lot of collectors. Most of my Mantle cards are low to midgrade because I wasn’t going to pay for a high grade example.
As for other cards, it happens all the time, just not at the high $$/very public profile of the Mantles. When I decided to buy some early Ryan cards, I opted for a 1969 Topps Ryan in really nice condition instead of a 1968 Topps RC. I'd have done the same for Bench except I bought a collection that happened to have a Bench RC in it.
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 05-14-2018 at 02:23 PM. |
#8
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Consider the percentage increase. You can have a $10k card increase $5k to $15k, thats a 50% increase. You can have a $500. card increase $250. to $750, thats the same 50% increase. I have a run of PSA 8 Hank Aaron's. Not that many years ago what used to be a $1k card now is a $2k+ card - over a 100% increase. Am sure PSA 8 Mays' have done the same - extremely well. If on more of a budget, nice for the grade PSA 7's of Hank and Willie could be good current values.
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