Auctions I lost - 10 years later

[ParisianJohn]

Originally Posted by mrreality68

Wow

Thanks for sharing interesting stuff

And you a right regardless of your income and budget what we could afford are now more Difficult to afford and we either save longer to buy the 1, save longer and by a lower grade of that 1, or change our collection to now what is in our budget.

Wish I would have save emails and the lines.

Although Heritage has a great feature where you can look at the close items you bid on it it only goes back 2 years(at least based on what and how many items I bid on)

It's interesting to see the spike on even the commons, but once you get to HOFers it's crazy, but then when you get to the "gold tier" guys like Cobb or Ruth the percentage increase is really off the charts.

And yes, you bring up an interesting point on how we have to re-aim now. For me, instead of looking for something like a quality T206 portrait of Three Finger Brown each month do I now go for a Bob Bescher or some other common player? Do I scale down and go for Brown's card as a 1.5? Do I scale down the volume instead and try for just something like Brown's card once every 5-6 months now? Do I sell my house and buy a bunch of Goudey Ruths? Not in this housing market!

[Eric72]

I wonder how these increases compare, percentage-wise, to a dozen eggs...

[Mike D.]

Originally Posted by Eric72

I wonder how these increases compare, percentage-wise, to a dozen eggs...

I'm a chicken tender, so I'd say "overall similar, but far less volatile".

Most of the egg price increase has been in the last 18-24 months...before that, eggs might have actually been selling for LESS than they were in 2013.

[jingram058]

Originally Posted by Mike D.

I'm a chicken tender, so I'd say "overall similar, but far less volatile".

Most of the egg price increase has been in the last 18-24 months...before that, eggs might have actually been selling for LESS than they were in 2013.

What is driving the price of eggs?

Answer: avian flu, combined with high cost of feed, etc.

[Yoda]

Originally Posted by jingram058

What is driving the price of eggs?

Answer: avian flu, combined with high cost of feed, etc.

Don't forget runaway hens.

[Rhotchkiss]

I note that the increase to HOFers is consistently very large compared to the sale in 2013, like 4x minimum. Commons have increased, but not nearly as much as HOFers

[Gorditadogg]

Originally Posted by Rhotchkiss

I note that the increase to HOFers is consistently very large compared to the sale in 2013, like 4x minimum. Commons have increased, but not nearly as much as HOFers

Yes, if these numbers are right, 10 years ago a 33G Ruth was worth 50 times a common card, now it is 120 times. What that implies is there are more buyers now that are not hard-core collectors, and therefore not interested in commons. If that is true, we can expect more volatility in Ruth and other stars, as those buyers are more likely to be "investors", and not as attached to their cards.

[mechanicalman]

Originally Posted by Gorditadogg

Yes, if these numbers are right, 10 years ago a 33G Ruth was worth 50 times a common card, now it is 120 times. What that implies is there are more buyers now that are not hard-core collectors, and therefore not interested in commons. If that is true, we can expect more volatility in Ruth and other stars, as those buyers are more likely to be "investors", and not as attached to their cards.

I would respectfully disagree with your premise. I consider myself a diehard collector (being mindful of the investment side), but I’ve only ever focused on HOFers. I just wanted to collect the guys I could read books about. I don’t believe you have to be a set builder to be considered a hard core collector. The investment only guys are certainly driving that discrepancy in prices, no doubt, but probably not exclusively.

[Peter_Spaeth]

Originally Posted by mechanicalman

I would respectfully disagree with your premise. I consider myself a diehard collector (being mindful of the investment side), but I’ve only ever focused on HOFers. I just wanted to collect the guys I could read books about. I don’t believe you have to be a set builder to be considered a hard core collector. The investment only guys are certainly driving that discrepancy in prices, no doubt, but probably not exclusively.

+1

[alywa]

Originally Posted by mechanicalman

I would respectfully disagree with your premise. I consider myself a diehard collector (being mindful of the investment side), but I’ve only ever focused on HOFers. I just wanted to collect the guys I could read books about. I don’t believe you have to be a set builder to be considered a hard core collector. The investment only guys are certainly driving that discrepancy in prices, no doubt, but probably not exclusively.

+1. I've built a number of classic sets, but my real interest lies in the HOFers and I focus almost exclusively on them now

[Casey2296]

Originally Posted by mechanicalman

I would respectfully disagree with your premise. I consider myself a diehard collector (being mindful of the investment side), but I’ve only ever focused on HOFers. I just wanted to collect the guys I could read books about. I don’t believe you have to be a set builder to be considered a hard core collector. The investment only guys are certainly driving that discrepancy in prices, no doubt, but probably not exclusively.

When it comes to pre-war you don't have to be a set builder to be a hard core collector, but you have to be a hard core collector to be a set builder.

[mechanicalman]

Originally Posted by Casey2296

When it comes to pre-war you don't have to be a set builder to be a hard core collector, but you have to be a hard core collector to be a set builder.

Ha. Yes. Well put. This sounds like an SAT logic question.

[Gorditadogg]

Originally Posted by mechanicalman

I would respectfully disagree with your premise. I consider myself a diehard collector (being mindful of the investment side), but I’ve only ever focused on HOFers. I just wanted to collect the guys I could read books about. I don’t believe you have to be a set builder to be considered a hard core collector. The investment only guys are certainly driving that discrepancy in prices, no doubt, but probably not exclusively.

My wording may have been a little muddy. The point I was trying to make is that when a Babe Ruth card goes from being worth 2 Ted Willams cards to 5 Ted Williams cards, (or from 50 commom cards to 120 common cards) there is something going on in the market, and it is not being driven by hard-core collectors, whether you are a set builder or a HOF collector.

As Ryan pointed out, a lot of HOF cards have gone up 4x or 5x in the last 10 years.

Commons that I used to pay $1 each for are now $5, so those have gone up 5x too. I bet Ryan can confirm that common T206 cards have increased by about the same.

But Ruth's mid-grade 33G cards have gone up 20x since 2013, while Williams' 39PB has increased only 6x. Why is that?



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[brianp-beme]

This is a sales list from Lew Lipset from around 1985 or so. I am proud to say that I resisted the temptation to purchase any of these overpriced pieces of cardboard.

Brian