Jumbo PSA 5(mc) T206 Wagner- Goldin Auctions- No Reserve

[DaveW]

Let's see ..... if we want to bid $2 million, then we need 20,000 investors at $100 each. Then if we win, each of the 20,000 investors could have the card for 1 day - but it would take 54.8 years for each of us to get our turn. OK, I'm in!

[Iron Horse]

bump it to $250 per member

[EvilKing00]

im in for 250

[travrosty]

If there is a full wagner within the borders, whatever happened to the handcut designation idea? you could have a psa 10. With that possibility, this card is worth way more than it is advertised for. think what a 10 would go for! This card is way undervalued even at 3 million plus considering its potential being a jumbo! I think you will be shocked at what it will go for!

[Bored5000]

I like the auction description that it is mere good fortune which will allow the winner to wind up with a Wagner T-206.

[mark evans]

Originally Posted by Bored5000

I like the auction description that it is mere good fortune which will allow the winner to wind up with a Wagner T-206.

A 'good fortune' indeed.

[Fred]

Wow, what an opportunity to feel like a big shot.... I can be the opening bid for $500K and not have to worry about winning and paying up...

Any idea how an auction house would verify if you could even possibly pay for the item if you happened to be the high bidder? Do they pre-qualify bidders for something like this?

Also, does being a "jumbo" really increase the value of the card? My only thought would be that someone would crack the case, laser down the edges and still have a card that meets the minimum requirement.

Wow, I wonder if anybody's ever done that before???

[Leon]

Originally Posted by Fred

Wow, what an opportunity to feel like a big shot.... I can be the opening bid for $500K and not have to worry about winning and paying up...

Any idea how an auction house would verify if you could even possibly pay for the item if you happened to be the high bidder? Do they pre-qualify bidders for something like this?

Also, does being a "jumbo" really increase the value of the card? My only thought would be that someone would crack the case, laser down the edges and still have a card that meets the minimum requirement.

Wow, I wonder if anybody's ever done that before???

Hi Fred,
Here is a recent message to me concerning your questions.

“Please note that to preserve the integrity of the auction and protect all bidders as well as the consignor, bidding on this lot requires pre-approval and all interested bidders MUST contact us in advance for pre-approval or they will not be authorized to bid. No approvals will be given within two business days of the auction close”
This is right from the last line in the description of the card.

And the 2 business day statement is in there , obviously, because if we do not know someone and need to check references, and any financial info, we cant be doing it on last day!

thanks"



.

[cobblove]

I got 5 on it.

[steve B]

Originally Posted by Fred

Wow, what an opportunity to feel like a big shot.... I can be the opening bid for $500K and not have to worry about winning and paying up...

Any idea how an auction house would verify if you could even possibly pay for the item if you happened to be the high bidder? Do they pre-qualify bidders for something like this?

Also, does being a "jumbo" really increase the value of the card? My only thought would be that someone would crack the case, laser down the edges and still have a card that meets the minimum requirement.

Wow, I wonder if anybody's ever done that before???

Extra large cards aren't usually worth much more than a regular sized one. Some people might pay a bit more if it makes the card look nicer.

Now extra large stamps is another matter entirely. Perfect centering and extra large margins usually mean an extra large price. Sometimes about 50X catalog. Typical ones can usually be found for 50% of catalog at retail, and in batches maybe 10%.

http://www.siegelauctions.com/dynami...er 28-29, 2012

Lot 160 is a prime example. Catalog value $1 near perfect and with huge margins sold for 170.
Lot 170 is simply amazing. The margins are big enough to begin showing the edges of the stamps to the right and left. CV $6 sold for 1000! (Only 166x catalog, not quite as good as lot 160)

Steve B

[WillBBC]

I'm genuinely curious about how feasible a group purchase for this would be. Any idea what kind of work would have to be done? I just think it would be kind of incredible to own a legit share of a card of this magnitude.

[insidethewrapper]

How could this card be graded if it is not within the standard measurements ? It's considered "Jumbo Wagner" . When I send in a card which is not within a certain measurement I get it back labeled "not gradeable" due to size etc.

[botn]

Originally Posted by insidethewrapper

How could this card be graded if it is not within the standard measurements ? It's considered "Jumbo Wagner" . When I send in a card which is not within a certain measurement I get it back labeled "not gradeable" due to size etc.

Ah. Very valid question. It seems that T206 Wagner have a history of being afforded special consideration. The grading companies will all reject an over sized 1965 Mantle in VG but no way they would consider doing that with a T206 Wagner. Many of the recently graded T206 Wagners have been assessed quite liberally or with completely different standards.