1964 Mantle Topps Giant understanding the economics

[hcv123]

This is a question:

Someone won 891 1964 Mantle Topps giants in Lelands last night for almost $40 per card. Description of condition: 10% VG-EX or lesser, 25% EX, 45% EX-MT, and 20% NM or better. That quantity represents about 20% of the current PSA graded population. Can someone help me understand what a potential reseller is thinking?

Here is the lot:

https://auction.lelands.com/bids/bidplace?itemid=98247

[sflayank]

That's not bad
How about $100 a card for mays and koufax raw
Also only 20% nm or better

[swarmee]

They barely sell for $50 right now in EX-MT. Sounds like a hoarder purchase rather than a reseller.

[ALR-bishop]

One of my favorite sets, and I like that Mantle card, but .....

[AustinMike]

Originally Posted by hcv123

This is a question:

Someone won 891 1964 Mantle Topps giants in Lelands last night for almost $40 per card. Description of condition: 10% VG-EX or lesser, 25% EX, 45% EX-MT, and 20% NM or better. That quantity represents about 20% of the current PSA graded population. Can someone help me understand what a potential reseller is thinking?

Here is the lot:

https://auction.lelands.com/bids/bidplace?itemid=98247

I'm with you Howard. I don't see it. I bought both versions of that card within the last 2 or 3 years. I paid $47 for a PSA 6 and $81 for a PSA 8. Unless prices have risen substantially since I bought mine, the buyer is guaranteed to lose money on 80% of the lot (after adding grading fees) and might make a profit on 20%. And that's IF they grade as described in the listing.

As a side note, I see one of the six cards pictured is of one version of the card (top row, far right) and five are the other version. I wonder if that ratio holds true for all of the cards. Probably not, but I am curious as to what percentage of the 891 cards are one version and what percentage are the other version.

[GasHouseGang]

I hadn't heard there were two versions of the Mantle, and after looking at the picture I admit i don't see the difference. Can you describe what the difference is that I should look for?

[JollyElm]

For the 1964 Topps Giants Mantle and other cropping variations, check out my 'discovery' thread from a few years back...

https://www.net54baseball.com/showthread.php?t=218122

[AustinMike]

Originally Posted by JollyElm

For the 1964 Topps Giants Mantle and other cropping variations, check out my 'discovery' thread from a few years back...

https://www.net54baseball.com/showthread.php?t=218122

Geez, was that thread 4 years ago. Ok, I bought mine 4 (the PSA 8 because of your thread) to 5 (the PSA 6 for my Mantle collection) years ago, not 2 to 3 as I stated earlier. Time is going by too fast.

[Eric72]

Originally Posted by GasHouseGang

I hadn't heard there were two versions of the Mantle, and after looking at the picture I admit i don't see the difference. Can you describe what the difference is that I should look for?

Look at the baseball with Mantle's name.

[GasHouseGang]

Thanks,. Somehow I missed this discussion four years ago.

[swarmee]

Reminds me of the joke my dad used to tell: "My friend was buying a bushel of corn for $3 each, putting it in a dollar basket, and using a dollar's worth of gas to get it to the market where he sold it for $4. I asked him how he was going to make any money doing that; he said "I'll make it up in volume!" "