Unless he didn't have $2,000, didn't know about the Legendary auction offering, or didn't care to be bothered unloading all the additional stuff he didn't want in the set beyond the '28 Gehrig.
Maybe he was on a quest, the way one of our members was some time ago, offering first $5,000 for a '58 Kahn's Clemente (PSA pop report 4, last time I checked, all likely secured in private collections for long periods of time) in SGC NrMt, then $5,000 for the same card in graded EX, when the first offer was unproductive. Sometimes when the fever takes over, you just have to have something you've been without for quite some time, and damn the torpedos, full speed (and $$$ ) ahead!
I know how that goes--Id set a limit of $5,000 for the purchase of the 1923 Lections Babe Ruth in a Mastronet auction a few years back, and allowed myself to get caught up in it, eventually spending just over $6,000 to secure the card, including buyers premium and shipping, handling and insurance, when I could have had another card I was interested in in the same auction, a T222 Walter Johnson for an amount within the limits I had set.
My feeling is that time may more than make him whole on that card, despite its less than desireable condition--we may see the '28 Gehrig appear in the low hundreds in the pop report eventually, but by the time that happens, it may well be considered a truly, if not extremely rare card. I don't think anyone would suggest that there are thousands or even upper hundreds of examples out there--Adam might be in the best position to know.
Thank you for your input--I do appreciate it!
Larry
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02-27-2011, 12:10 AM
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