1948 Bowman box goes crazy in Mile High

[iowadoc77]

Amazing how a bidding war and extreme scarcity can drive prices up. All it takes is 2 people who have to have something and then a battle to see who gives first. If the buyer tries to sell again and there are not 2 who have to have it, could sell for significantly less. Certainly have seen that before!
Apparently people still have plenty of money for cards!

[1952boyntoncollector]

This is the type of sale that you cant judge the state of the card market on because its a unique 'art' type of item and rare.

I have seen these types of sales look extreme in price then a few years later they look like a steal. Green Ty Cobbs and rookie lou gehrigs come to mind in the past few years.

[barrysloate]

It was an amazing find for sure. Should we assume that all these cards are going right to PSA? In other words, the packs will not remain unopened.

[nat]

It would be insane to open the packs, especially since a non-trivial percentage of the cards will be ruined by the gum. (To say nothing of the fact that they're rarer in unopened packs then they would be as individual cards.)

[iwantitiwinit]

500k+. Wait what? There are few things that I would pay 500k for and I can say unequivocally that a box of black and white baseball cards isn't one of those things.

[Jeffrompa]

ummm

[pclpads]

Disposable income? Safe bet winner doesn't bus tables at a Denny's.

[slidekellyslide]

Originally Posted by iwantitiwinit

500k+. Wait what? There are few things that I would pay 500k for and I can say unequivocally that a box of black and white baseball cards aren't one of those things.

The winning bidder probably makes that in a week.

[iwantitiwinit]

Originally Posted by slidekellyslide

The winning bidder probably makes that in a week.

Regardless of the winners wealth 500k+ is nuts in my opinion. These are items that were printed less than 70 years ago. Seems crazy but what do I know.

[iowadoc77]

Originally Posted by iwantitiwinit

500k+. Wait what? There are few things that I would pay 500k for and I can say unequivocally that a box of black and white baseball cards isn't one of those things.

Amen Bob! A box of cardboard is not on my list either!
But a T206 Magie was... for a ton less than that.