Depressing

[orly57]

Originally Posted by Snapolit1

Not trying to be a pre-war snob here, but younger "collectors" (really speculators) on eBay ask obscene prices for auto cards and shiny crap that doesn't realize 1/3,000 of what the price they are throwing out there for shits and giggles. No one is paying $800,000 for a Trout card. Sorry. Not happening. Can ask anything you want.

Looking at what people are "asking" on eBay is really a very poor way to assess the health of a market.

Didn't a Strasburg 1/1 sell on eBay for around a million bucks a few years ago? Heck of an investment for a guy who is 84-45 with a career era over 3.

[Gary Dunaier]

Originally Posted by orly57

Didn't a Strasburg 1/1 sell on eBay for around a million bucks a few years ago? Heck of an investment for a guy who is 84-45 with a career era over 3.

Your numbers are way off... it was $16,000. But your point is still valid. Very valid.

At the time, Strasburg had yet to play a single game in the majors!

Here's a history of the Strasburg card: link. Fascinating in-depth look at a card that's less than 10 years old.

[orly57]

No. My numbers are not way off. That is not the card I was referring to. Whether or not the million was actually paid, I don't know (probably not), but I remember it sold at a million. Your comment forced me to look it up, and I found this. I knew I wasn't crazy.

http://www.tuffstuff.com/news/hobby-...ids-flood-ebay

https://www.washingtonexaminer.com/a...lled-by-seller


"At the time of this writing there have been 201 bids with the current high bid at $999,999 mark. The current high bidder seems to be legitimate with 1734 positive feedback from auctions has been bidding since the early stages but one can’t help but wonder if many of the recent bids are fake by people who have no intention of ever puchasing the card."

[MattyC]

Originally Posted by orly57

No. My numbers are not way off. That is not the card I was referring to. Whether or not the million was actually paid, I don't know (probably not), but I remember it sold at a million. Your comment forced me to look it up, and I found this. I knew I wasn't crazy.

http://www.tuffstuff.com/news/hobby-...ids-flood-ebay

https://www.washingtonexaminer.com/a...lled-by-seller


"At the time of this writing there have been 201 bids with the current high bid at $999,999 mark. The current high bidder seems to be legitimate with 1734 positive feedback from auctions has been bidding since the early stages but one can’t help but wonder if many of the recent bids are fake by people who have no intention of ever puchasing the card."

This thing happens in the Pre and Post War space all the time, as well. Get a sale recorded in the pricing history, or parroted by a TPGs twitter account...and voila.

[ls7plus]

Originally Posted by orly57

No. My numbers are not way off. That is not the card I was referring to. Whether or not the million was actually paid, I don't know (probably not), but I remember it sold at a million. Your comment forced me to look it up, and I found this. I knew I wasn't crazy.

http://www.tuffstuff.com/news/hobby-...ids-flood-ebay

https://www.washingtonexaminer.com/a...lled-by-seller


"At the time of this writing there have been 201 bids with the current high bid at $999,999 mark. The current high bidder seems to be legitimate with 1734 positive feedback from auctions has been bidding since the early stages but one can’t help but wonder if many of the recent bids are fake by people who have no intention of ever puchasing the card."

Truly a sad situation, IMHO. Shades of tuilipmania!

Regards,

Larry