Most over-valued card

[darwinbulldog]

My other nominee:
http://smalltraditions.com/1986-topp...r-lot2473.aspx

[darwinbulldog]

Sooooooooooooooooo much nicer than this card:
http://www.ebay.com/itm/3835-1986-Topps-690-RYNE-SANDBERG-Cubs-/371490523749?hash=item567e8f8a65:gAgAAOSwlV9WTrz v

[Aquarian Sports Cards]

Originally Posted by darwinbulldog

My other nominee:
http://smalltraditions.com/1986-topp...r-lot2473.aspx

Holy crap that is the funniest thing I've ever seen. You'd think by 2013 people would understand lo pops because nobody has bothered to grade the damn things lol.

[Aquarian Sports Cards]

Pop on Sandberg is now up to 6, but there's only 4 Andre Dawson in PSA 10, must be worth a grand right?

[glynparson]

People have been grading 1986 topps stars for about 10 years now because 10scarevrelatively difficult. I agree the price is absurd but you are wrong if you think nobody was submitting them.

[nsaddict]

I'm going with the 52 Topps Mantle also. As a choice, in PSA8's for about the same dough you could have:
51 Bowman Mantle
51 Bowman Mays
52 Bowman Mantle
52 Bowman Mays
53 Topps Mantle
53 Topps Mays

And still have money left to buy a house!

Some would still pick the 52 Mick? Thought it was funny reading Brent's post from PWCC, he still thinks that card is undervalued. For sure, he gets a huge commission on that sale! (nothing against him, I buy from him).

[Aquarian Sports Cards]

Originally Posted by glynparson

People have been grading 1986 topps stars for about 10 years now because 10scarevrelatively difficult. I agree the price is absurd but you are wrong if you think nobody was submitting them.

I looked at the pops, a couple hundred of most HOF'ers. Considering that conservative estimates are 6 -10 MILLION of each card, I stand by my assertion. Nobody, relatively speaking, is grading these.

[glynparson]

several hundred for cards that book at a less than a dollar is a lot. Never said people were submitting all of them and if you've ever looked at the issue for 9-20 quality it's less than 1 in 10 cards. People aren't subbing these at 8 level on purpose heck they aren't even shooting for 9 they only want the 10

[Aquarian Sports Cards]

One last thought and then we can just agree to disagree I don't need for you to say I'm right, and I can't be bothered accusing you of being wrong.

Let's go back to the very card in question. There have been 224 Sandbergs submitted. even if we go lowball and say there were 5,000,000 made that is less than one half of one hundreth of a percent or .00005. 6 have gotten PSA 10's. Let's say the world goes on a 1986 Topps grading spree driven by the overwhelming market forces that drive the price of a Sandberg to $2,000, and an additional 1,000 are graded. At current rates that would yield about 31 more PSA 10's. Now a whopping .0002448 of the possibles have been graded and we have 37 PSA 10's. Still worth $2,000? If it is maybe another 5,000 get graded. now we have about 160 MORE PSA 10's for almost 200 TOTAL and we've still only graded .0012448 of all the possible examples.

Let's take a look at the assertion that the "10" is necessarily rare. 6/224 = 2.67%. Not super easy, but far from impossible, especially considering the available cards to draw from! Also you maintain people are only trying to get 10's on this card. Well people must be pretty awful judges of cards because of those 224, 76 have graded 8 with a qualifier or lower. Kind of a side issue to be sure, but again the fact of the matter is paying a premium for a 1986 Topps card because it's "rare" in PSA 10 after 224 have been graded is the kind of thing that will drive people from this hobby, or attract leeches to it.

EDIT: OOPS missed one point, you say that "several hundred for cards that book at a less than a dollar is a lot." Well actually it's only a couple hundred. Also MORE 1985 Sandbergs have been submitted than 1986, and 1987 Sandbergs are virtually identical at 213. They must be tough in PSA 10 also? I'm going to start cracking junk wax for 50¢ cards and turn them into $2,000 apiece...

[Sean]

The most overvalued card is the MAGIE error. It's just a typo. If it wasn't a T206, it would be forgotten.


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[mechanicalman]

[QUOTE I'm going to start cracking junk wax for 50¢ cards and turn them into $2,000 apiece...[/QUOTE]

Ha. The thought has crossed my mind at times, but then I figured, with grading fees, exorbitant shipping, and the low likelihood of getting a 10, it might cost $3000 to land a $2000 card.