Just Another 1952 Mantle PSA 9

[mark evans]

I'm sure this appears somewhere on the Board, but could someone please advise of the top 5 sales of cards in order of price, whether by auction or private sale?

Thanks.

[Sean]

Originally Posted by mark evans

I'm sure this appears somewhere on the Board, but could someone please advise of the top 5 sales of cards in order of price, whether by auction or private sale?

Thanks.

I can tell you the two highest sales prices. The Wagner PSA 5 (known as the Jumbo Wagner) sold two years ago for approximately $3.1 million. Prior to that the Gretzky Wagner (PSA 8 or PSA Authentic, take your pick) sold for approximately $2.8 million in a private sale. The buyer is the owner of the Arizona Diamondbacks.

This Mantle appears likely to exceed both of these sales prices.

[oldjudge]

Nice card--tulipmania

[Peter_Spaeth]

Originally Posted by oldjudge

Nice card--tulipmania

I don't know Jay, there seem to be enough guys with money who really care about the numerical grade that you may be wrong.

[mechanicalman]

Originally Posted by oldjudge

Nice card--tulipmania

What does that mean?

[Peter_Spaeth]

https://en.wikipedia.org/wiki/Tulip_mania

He means it's a bubble.

[MattyC]

Originally Posted by mechanicalman

What does that mean?

It means some dude is salty because whatever he likes isn’t getting the attention this card is getting.

[oldjudge]

Peter-Prices can't go up if there isn't demand. The question is how long this level of demand will persist. There was plenty of demand for tulips until February 1637. Then there wasn't.
And for those who don't know the story:

https://m.youtube.com/watch?v=Zr3FcXeDZFc

[Peter_Spaeth]

Originally Posted by oldjudge

Peter-Prices can't go up if there isn't demand. The question is how long this level of demand will persist. There was plenty of demand for tulips until February 1637. Then there wasn't.
And for those who don't know the story:

https://m.youtube.com/watch?v=Zr3FcXeDZFc

Jay we aren't talking about a market-wide phenomenon, we are talking about a tiny little elite corner where all it takes are two guys going after a single card (or one guy and the house ) to sustain very high prices. And I believe there are enough of a certain profile of collector that I can see the demand persisting.

[mark evans]

Originally Posted by Sean

I can tell you the two highest sales prices. The Wagner PSA 5 (known as the Jumbo Wagner) sold two years ago for approximately $3.1 million. Prior to that the Gretzky Wagner (PSA 8 or PSA Authentic, take your pick) sold for approximately $2.8 million in a private sale. The buyer is the owner of the Arizona Diamondbacks.

This Mantle appears likely to exceed both of these sales prices.

Thanks, Sean.

Do you happen to know the most paid to date for a 52 Mantle? Was it the 8.5 that sold for $1,150,000? PSA shows SMR for a PSA 9 at $2.5 million. Does this reflect an actual sale? Thanks.

[MVSNYC]

Originally Posted by mark evans

Thanks, Sean.

Do you happen to know the most paid to date for a 52 Mantle? Was it the 8.5 that sold for $1,150,000? PSA shows SMR for a PSA 9 at $2.5 million. Does this reflect an actual sale? Thanks.

I think the $1.15M was highest recorded sale so far...the $2.5M estimate for a 9 is exactly that, an estimate. I think we’ll see this 9 sell for more, probably $3.5M+.

Wishing Evan all the best!

PS- maybe this sale might shake a “10” loose...we’ll see.

[Bestdj777]

Originally Posted by MVSNYC

I think the $1.15M was highest recorded sale so far...the $2.5M estimate for a 9 is exactly that, an estimate. I think we’ll see this 9 sell for more, probably $3.5M+.

Wishing Evan all the best!

PS- maybe this sale might shake a “10” loose...we’ll see.

If I had the 10, this wouldn't be the time I'd sell it given that this should take at least one of the big players out of the market temporarily.

Gorgeous card Even. I showed this to my wife and she, at least temporarily, felt a little bad about making me sell one of mine to fund a house purchase--my card was a beater and so is my house though...

[Stonepony]

A 10 going to market would certainly be an interesting study in how much someone is willing to pay for the prestige of a 10 flip, because there is zero chance any 10 out there has better eye appeal and beauty than Evan's.

[Peter_Spaeth]

10s seem to command a huge premium across the board, and I doubt in many cases you could tell the difference from a 9. Indeed, many 10s are 9s that bumped. No reason to think it would be any different in the case of the Mantle, with the one caveat being that there are so few 9s that the gap might not be as substantial as is the norm.