Who are the most "over-valued" players

[aljurgela]

Originally Posted by samosa4u

And he did all of this while suffering from a serious disease: alcoholism. He was hitting all those homers while hungover. Just raw talent.

Now, I am not sayin' this to justify his 52T prices cause' I'm not. I think 25 - 30K Usd for a freaking PSA 1 is insane. However, his cards in general should be above everybody else's based on his accomplishments.

This is not really a discussion of the player... even if you decided that Mantle was THE best player of all time, I would think that he is overvalued... According to my calcs the value (market cap) of all of the PSA graded Mantles out there is close to $300 million (assuming $15 million for each of the PSA 10s and using the Cardladder current valuations)... $293.5 million of JUST the 1952 Topps...

Check the 1916 Sporting News Ruth's ... the pop is like 40 and sure they are valuable, but this is not even close.

I, for one, collect Negro League cards and many (most) historians would say that Oscar Charleston was a better, more important player than Mantle and if you could buy ALL of his cards, I bet that those would less than 3% of Mantle's 52 Topps. Of course he has more fans, more visibility, etc., but this is why I think that Mantle is so over-priced.

But the market is the market and I would hesitate to "do" anything on this analysis as the market has always "overvalued" Mantle as far as I can tell and I would not expect that to change. I have thought that it would for years (which is why I sold my 52 Mantle), but I have been wrong.