Heritage Auctions. Dilemma.

[Bpm0014]

They said 900. I said 1100. They came back 1000. I would just hate for it to be a 3000 photo a couple years from now. Agh.

[T206Collector]

Originally Posted by Bpm0014

They said 900. I said 1100. They came back 1000. I would just for Thai to be a 3000 photo a couple years from now. Agh.

I get it. I’ve been burned bad recently selling Mantle and Cobb cards just before liftoff. Made a nice profit but not move to Fiji rich. I don’t know how to deal with that, and I sense that the reason a lot of people don’t sell is because they want to wait until the bubble gets even bigger.... but you never know!

[Fred]

Got a funny story - has to do with a D304 Cobb before a rapid price rise a few years back.

I put a D304 Cobb on ebay with a min. bid of $1200 (it was in an SGC10 holder, deservedly so). It didn't sell.

A couple weeks go by and someone asks if I'll take $1100 for it. I decline and put it up for sale/auction again with a $1400 price tag. It doesn't sell.

A couple weeks go by and someone asks if I'll take $1300 for it. I decline and put it up for sale/auction again with a $1600 price tag. It doesn't sell.

A couple weeks go by and someone asks if I'll take $1500 for it. I decline and put it up for sale/auction again with a $1800 price tag. Guess what. It sold.

I think it was the same person that kept offering me $100 bucks less than the asking price.

[joshuanip]

Originally Posted by T206Collector

I get it. I’ve been burned bad recently selling Mantle and Cobb cards just before liftoff. Made a nice profit but not move to Fiji rich. I don’t know how to deal with that, and I sense that the reason a lot of people don’t sell is because they want to wait until the bubble gets even bigger.... but you never know!

Its not a bubble, its babe ruth!

[pokerplyr80]

I've been on both sides. Bought a couple of cards before big run ups, sold a few t206 Cobbs before they went crazy. If you don't need the money I'd say hold on to it. I can't imagine many Babe Ruth items losing value over the years.

[Bpm0014]

Thanks everyone for the advice. I’m still lost. Hahaha

[Rhotchkiss]

Originally Posted by Bpm0014

Thanks everyone for the advice. I’m still lost. Hahaha

If you are unsure, then don’t sell. Do some research and get more comfortable before pulling the trigger. A couple hundred $$ is not worth regret.

[conor912]

Originally Posted by Rhotchkiss

If you are unsure, then don’t sell. Do some research and get more comfortable before pulling the trigger. A couple hundred $$ is not worth regret.

I agree. I only sell when I'm sure I want to sell. If someone's willing to pay a grand now, someone will later, too.

[pclpads]

Originally Posted by Bpm0014

Thanks everyone for the advice. I’m still lost. Hahaha

Ask yourself this: How many photos has Babe taken recently, let alone from 1926? Actually, none since 1948. So, it's rare and will always be in demand, even if not like a '33 Goudey #53. In short, if you aren't in a $$$ pinch, why sell? I don't think you will ever lose your initial purchase price.

[Snapolit1]

I always find it interesting that Heritage asks you to kick back 10% to them for performing a service you never asked them to perform in the first place.

(I guess you can somehow opt out of the resale service.)

[darwinbulldog]

Originally Posted by pclpads

Ask yourself this: How many photos has Babe taken recently, let alone from 1926? Actually, none since 1948. So, it's rare and will always be in demand, even if not like a '33 Goudey #53.

That's either not what "So" means or not what "rare" means.