Posted By:
Jim
Geez, talk about a deteriorating thread!
Anyway - since I love you both like my own kids...
My thoughts on the Oakes card (which is what this thread is about, right? Not PSA, Not past sales, not ANYthing other than the card)
1. Jay was good to post a public explanation stating why he ended the auction early. Alot of people don't care, and have no interest in being accountable. For that, Jay deserves credit. At least - I think he does. He knew alot of us on the board would "miss" the card, and he offered us some background.
2. Brian made a legitimate point about the Oakes card. There are plenty of these circulating, and you see them every couple of weeks on Ebay. It isn't exactly the most difficult card to come by.
I would suggest, though, that in my experience...
Nadja's have become VERY difficult to come by in higher grades. I think this is really a case of those of us that have them in our collections not wanting to let them go - not so much a case of them "really" being near extinction. They're out there - just guarded pretty closely. ; )
Brian - if you have some - this is a great time to sell them, slabbed or not. You could do __very__ well.
Truthfully - I don't think $350 is realistic. BUT, I do know this - the 2 or 3 Nadja's I've sold on Ebay recently have WAY surpassed my expectations - even TRIPLED what I expected them to sell for.
In fact, right now, this holds true for EVERY card that is better than its "true" grade...for example...I sold a PSA 3 Cobb for $1700.00 2 weeks ago...a couple of N172s graded an SGC 50 or even 40 - for almost $300 each...a number of type cards graded only about 20 - for $250 each. THAT is the market right now. If you have ANYTHING you don't want - sell it now, this is the best time for you to do so.
And, money isn't everything, eh? (as you guys can attest to MUCH moreso than I can). NONE of the Nadja's I sold were from my own collection. I can COMPLETELY appreciate Jay's decision to hang on to this - common or not. There is nothing common about ANY card nearly 100 years old in THAT condition. To put it in perspective - Why do 1970 Topps cards of common players, but graded 9 or 10 sell for such INSANE prices? And, by insane, I mean 5,000 times their actual book value? What the hell is THAT about? It is because the card may be a common, but the card is in anything BUT common condition. Add to that the fact that there are 1100 people interested (this is just a number folks, don't taer me apart for an inaccurate statistic, please) for every 1 of them made available (SOOOOO many people building high end sets seeking those last 3 cards to complete...).
I think you're both have valid points here!
Now, about PSA...
OK, enough from me already, I'm outta here!
Jim