Upper Grade M101-4 Hooper Goes Crazy at HA.

[incugator]

Upper grade M101-4 Harry Hooper PSA 7 goes for over 12K at last night's auction.

[4815162342]

That’s insane.

[scooter729]

Holy crap!

If the winner of this has a boatload of extra cash available and is going for a back run, please give me a call!

[nolemmings]

The prices for all of these were off the charts. A Baker PSA 7 sold for $10,675.00 and it was a blank back-- the most common m101-4. A Babe Adams card #1 in PSA 8 went for $10,065.00, again a blank back. The PSA 8 commons pretty much all went for $5K each, several with blank backs. Unreal.

A little over eight years ago these four cards sold as a group in Heritage for $836.50, as you can see:

Last night they sold for $20,008.00 (each at $5002.00). Nice ROI.

[LEHR]

Originally Posted by nolemmings

The prices for all of these were off the charts. A Baker PSA 7 sold for $10,675.00 and it was a blank back-- the most common m101-4. A Babe Adams card #1 in PSA 8 went for $10,065.00, again a blank back. The PSA 8 commons pretty much all went for $5K each, several with blank backs. Unreal.

I had an early bid on the Babe Adams and all the other Pirates. I was floored at the prices these brought. Especially the PSA 8's.

[Leon]

Wow, that much for commons? Has to be a registry play. When (and if) they eventually resell they won't bring near that much, imo.

Originally Posted by nolemmings

The prices for all of these were off the charts. A Baker PSA 7 sold for $10,675.00 and it was a blank back-- the most common m101-4. A Babe Adams card #1 in PSA 8 went for $10,065.00, again a blank back. The PSA 8 commons pretty much all went for $5K each, several with blank backs. Unreal.

A little over eight years ago these four cards sold as a group in Heritage for $836.50, as you can see:

Last night they sold for $20,008.00 (each at $5002.00). Nice ROI.

[nolemmings]

I’m not sure Leon. I have never fully understood the registry mindset, but there are fewer than ten sets registered– heck I could crack the top five if I was to ever lose my mind and sign up (some would say the first step already occurred).

Anyway, the #1 set is what sold at Heritage, then two that are 99 or 100% full, and an 82%. The rest are so far away from completion that it seems unlikely– a single 15% full and the rest less than 10%. Of the three remaining heavyweights, one is an auction house collection from last year– either the buyer is laying low and not re-registering it or is uninterested in the registry. One of the others has a GPA of only 3.16, so I suppose he could be looking for a big splash to catch #2 who has a GPA almost double. Otherwise I just scratch my head and let the wise ones figure it out.

I know that m101s have been going up for awhile, since I find myself less able or interested in paying for them, but yowsers. Looks like it’s time to sell.