Jumbo PSA 5(mc) T206 Wagner- Goldin Auctions- No Reserve

[Jlighter]

Originally Posted by Runscott

There's a math issue here. Again, it's going for $2 mill or more. It's going to take a while for each person to pack and ship it, and there's going to be a huge insurance cost (Not sure why I'm even typing this). If you held it for one day, you'd probably get your turn every...well, let's do the math: ($500 each, $2mill price = 4000 owners...4 days each, including shipping = 16,000 days...16,000/365 = 43 years...add another 10 years for travel problems = 53 years)

I plan to be dead before my turn comes up - perhaps even sooner if I keep wasting brain cells like this.

I was thinking about this. In my plan it would cost extra to have a viewing share, making less people to send the card. Sending the card Registered might alleviate this predicament, price wise for insurance.

We could have preferential shares. More money will be paid, but you will recieve the card before others. It could go in a sliding scale, the person who receives the card first will pay more then the person who receives it the last.

[deadballfreaK]

I actually had a chance to buy a Wagner in the early to mid 70s for about $1200. Decent card. PSA2 maybe. I was making maybe two hundred a week at the time. So basically a months pay. A half a mil card today or more! Ugh.

[I Only Smoke 4 the Cards]

Originally Posted by Jlighter

I was thinking about this. In my plan it would cost extra to have a viewing share, making less people to send the card. Sending the card Registered might alleviate this predicament, price wise for insurance.

We could have preferential shares. More money will be paid, but you will recieve the card before others. It could go in a sliding scale, the person who receives the card first will pay more then the person who receives it the last.

There would be too much liability moving the card. It would need to be something that is stored in a location and treated like an asset. Maybe have a "card party." That way everyone could see and get some pictures taken with it. This is not unheard of in the case of other assets such as paintings and horses.

[Jlighter]

Originally Posted by I Only Smoke 4 the Cards

There would be too much liability moving the card. It would need to be something that is stored in a location and treated like an asset. Maybe have a "card party." That way everyone could see and get some pictures taken with it. This is not unheard of in the case of other assets such as paintings and horses.

It would depend on the amount of investors with viewing shares. Maybe a blanket insurance plan can be bought?

[I Only Smoke 4 the Cards]

Originally Posted by Jlighter

It would depend on the amount of investors with viewing shares. Maybe a blanket insurance plan can be bought?

An asset that mobile and fragile has a high premium. The moving expenses would be pretty high because of security.

[Cerberus]

How about the co-owners hiring a "Jumbo Wagner Custodian," ala the fair-haired fellow, wearing gloves, who travels around with the Stanley Cup?

[Texxxx]

Just send Andrew a picture of yourself and he can photo shop you holding the card.

[I Only Smoke 4 the Cards]

Originally Posted by Texxxx

Just send Andrew a picture of yourself and he can photo shop you holding the card.

[Fred]

Everyone could chip in. Let's say we have 1,000 people each pony up an equal share. Then we could send it to Topps and have them divide it into 1,000 pieces and create the ultimate chase card. Each person could have 1/1,000th of the card pasted to a card indicating it's 1/1,000th of a REAL T206 Honus Wagner!!!

OR

We could all chip in about $1,000 and when we go to sell it and lose money then we all only lose an equal share.

Anybody notice anything about this most current Legendary Auction? Do the prices seem a little soft? That trashed out D304 Cobb only went for about $1200 (including juice). I remember selling that thing a few years back for $1800.

[GoldenAge50s]

What happens if it's my turn to have the card & my kid drops it in the toilet?

[deadballfreaK]

Originally Posted by I Only Smoke 4 the Cards

There would be too much liability moving the card. It would need to be something that is stored in a location and treated like an asset. Maybe have a "card party." That way everyone could see and get some pictures taken with it. This is not unheard of in the case of other assets such as paintings and horses.

I could go for that.