Babe Ruth sporting news PSA 5 rookie sold for $191,300!

[botn]

Originally Posted by Leon

I have heard PSA is really stingy nowadays on giving out important, low pop 10s. I think there is still a lot of great 1950s to 1970s cards sitting in almost new condition and unknown to us today.

* "almost new" is a new grade I just made up. Thank you very much.



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The consensus is that PSA has been stingy on handing out the right grades to the average submitter on low pop or important cards for a very long time. For the last year or so they have been overly tight assessing your basic high grade material--in post war that means 8s or better. Of course they will deny the grading standards have changed at all.

[Beastmode]

The link was for a PSA 6, but the OP noted a PSA 5? A PSA 6 sold for $204K about a year ago. The linked PSA 6 is a little rougher. Unless I misunderstood, card appears to be going down in value, not up.

[Rookiemonster]

That's just a shilly amout of money .

[Econteachert205]

If I were psa I would be stingy. That will mean more cracks and resubs, as well as being price supportive of the cards and the flip.

[irv]

Originally Posted by rookiemonster

that's just a shilly amout of money .

lol.

[botn]

Originally Posted by Econteachert205

If I were psa I would be stingy. That will mean more cracks and resubs, as well as being price supportive of the cards and the flip.

Exactly Dennis. That is what has been going on. There is really no incentive to get it right the first few times.

[Jdoggs]

Originally Posted by Beastmode

The link was for a PSA 6, but the OP noted a PSA 5? A PSA 6 sold for $204K about a year ago. The linked PSA 6 is a little rougher. Unless I misunderstood, card appears to be going down in value, not up.

No you are misunderstood. A PSA 5 Ruth sporting news rookie sold recently for $191k in heritage auctions which is more than double SMR as SMR for a PSA 5 is $95k.

SMR for a PSA 6 Ruth sporting news rookie is $195k. If one were to sell in auction it would probably sell for at least $400k.

So the Ruth 1916 M101 sporting news rookie is exploding upwards in value.

[1952boyntoncollector]

Originally Posted by Jdoggs

No you are misunderstood. A PSA 5 Ruth sporting news rookie sold recently for $191k in heritage auctions which is more than double SMR as SMR for a PSA 5 is $95k.

SMR for a PSA 6 Ruth sporting news rookie is $195k. If one were to sell in auction it would probably sell for at least $400k.

So the Ruth 1916 M101 sporting news rookie is exploding upwards in value.

SGC 5 nice ruth sold for 119k on 'Own it Now' with memory lane....sold FIRST day...

http://ownitnow.memorylaneinc.com/gallery.aspx?id=24656

[pokerplyr80]

Originally Posted by 1952boyntoncollector

SGC 5 nice ruth sold for 119k on 'Own it Now' with memory lane....sold FIRST day...

http://ownitnow.memorylaneinc.com/gallery.aspx?id=24656

+15% so really 137 or so

[1952boyntoncollector]

Originally Posted by pokerplyr80

+15% so really 137 or so

i do think you could make a profit if you list that card at auction at Heritage in a month or so

[pokerplyr80]

It sold right away so someone thought it was a good buy. I agree. The 51 mays psa 7 for 11k was nice too.