REA observations

[jsfriedm]

I thought 9K for a nice PSA 4 1933 Gehrig #160 was pretty weak actually. Heritage sold two of them in Nov 22 for $11,700 and $11,100.

[ullmandds]

Originally Posted by jsfriedm

I thought 9K for a nice PSA 4 1933 Gehrig #160 was pretty weak actually. Heritage sold two of them in Nov 22 for $11,700 and $11,100.

i thought the 34 gehrig was pretty strong...i didn't notice the 33.

[puckpaul]

I picked two tougher T205 variations and got distracted or could have had a couple others. Good prices for buying I thought. Have had to chase those the past year. Overall some stuff weaker than it’s been. The psa 3 52 Mays , I got topped but the same card went for $16k two years ago, sold for only $10.5k last night. Very well centered, nice looking card… thought it was a good deal but I didn’t want to pay more right now.

[babraham]

Originally Posted by puckpaul

Overall some stuff weaker than it’s been. The psa 3 52 Mays , I got topped but the same card went for $16k two years ago, sold for only $10.5k last night. Very well centered, nice looking card… thought it was a good deal but I didn’t want to pay more right now.

I was watching the 52 Mays as well and thought the same thing.

I ended up winning two cards...56T Aaron and Spahn for my 56T HoFer subset.

[jsfriedm]

Same way I felt about the 1933 Gehrig #160 and the N28 Kelly - nice cards, but I can be patient and expect them to go even lower.

[Exhibitman]

I was a little surprised to see the plain BG ESCO cards there too, but I think there is a risk of any card not named "Ruth" or "Gehrig" getting lost in the big book, so maybe not a bad strategy. I tend to ask for the Encore on most of my consignments--my stuff isn't big book caliber and I would rather it not get lost.

I think the prices were solid. At $1200 and $1080, respectively, the Sisler and the Speaker were the highest prices on PSA graded examples ever recorded. The Waner was a bargain at $600; I nearly bid on it but decided to stick to my focus right now (Ruth, Robinson and Pele) unless I find something for resale. I am guessing you bought it out of Heritage in 2018 for $840? Thing is, those variations are so tough that it is not really a predictable market; just need to throw it up and see where it lands. There hasn't been a recorded sale of a PSA graded Speaker since 2018 or a Sisler since 2020.

Howzabout you put up the Gehrig and give the market a real test?

[molenick]

Originally Posted by jsfriedm

Same way I felt about the 1933 Gehrig #160 and the N28 Kelly - nice cards, but I can be patient and expect them to go even lower.

Are we seeing the card market evolving from FOMO to FOJI (fear of joining in)? Not so much for the rarest cards but for cards that we expect to see again in another auction in the near future.

[jsfriedm]

Originally Posted by molenick

Are we seeing the card market evolving from FOMO to FOJI (fear of joining in)? Not so much for the rarest cards but for cards that we expect to see again in another auction in the near future.

I'm still in, it just seems like we're at a point in time where the potential benefits of patience outweigh the risks.

[Republicaninmass]

Originally Posted by jsfriedm

I thought 9K for a nice PSA 4 1933 Gehrig #160 was pretty weak actually. Heritage sold two of them in Nov 22 for $11,700 and $11,100.

It's a 3-5k card before covid. What people just heard of Lou Gehrig?