1951 Toleteros Gibson on Leland's

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Posted By: Hal Lewis

The PSA 7 (that was once in an SGC 84 slab) card sold for $27,000 total.

The highest graded 1951 Gibson is not one but TWO grades higher (86, 88) than this one was...

so the expected price for an 88 would be about $54,000.


BUT...

because the 88 card is the ONLY one of its kind known to exist in any grade higher than an 84...

people pay a big premium for this fact.


$70,000 compared to $54,000 is not that much of a premium to pay for the "best known" example of any card.



Therefore, I don't know how you can make the conclusions you make... especially since I own the 88 and can tell you for a fact that I wouldn't sell it right now even if someone offered me more than I paid for it.

On the other hand, I am not stupid... so I admit that the entrance into the market of an SGC 92 or 96 of this card might very well drive the value of mine down.

Or, it might not, since people might just end up having to pay MORE than $70,000 to own such a card.... especially since I would be bidding on it.



But the best news of all is that I am a collector and quite frankly don't care if one of my cards drops 15% in value or gains 15% in value. They aren't going anywhere forever, so what does it really matter to me?