Jeter SP Foil auction

[Hxcmilkshake]

Maybe its the modern day Mantle? Maybe thats blasphemy. Not hard to find but for a modern card its condition sensitive....def can see the premium for a 10.

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[Peter_Spaeth]

https://www.ebay.com/itm/1993-SP-Foi...YAAOSw9V5a7la8

Sorry to me this is stupid as hell. Flip buying at its absolute finest.

[steve B]

If he hadn't played in NY, that would maybe be a couple hundred.

[Bored5000]

Originally Posted by steve B

If he hadn't played in NY, that would maybe be a couple hundred.

Wow, 874 watchers. LOL.

[Peter_Spaeth]

Originally Posted by steve B

If he hadn't played in NY, that would maybe be a couple hundred.

PWCC also has an SP Johnny Damon PSA 10. Damon's numbers of course were inferior to Jeters, but not by as much as you might think. HIS card is currently $70 or so.

https://www.ebay.com/itm/1993-SP-Foi...IAAOSwcmZa7lZx

[pokerplyr80]

Originally Posted by Peter_Spaeth

https://www.ebay.com/itm/1993-SP-Foi...YAAOSw9V5a7la8

Sorry to me this is stupid as hell. Flip buying at its absolute finest.

That set was extremely condition sensitive. The total population for 10s at only 22, assuming that's the correct number, is very low by modern standards. It's not hard to see a difference between most 9s and 10s in hand. You will usually see chipping on the boarder and/or corners.

[Peter_Spaeth]

Originally Posted by pokerplyr80

That set was extremely condition sensitive. The total population for 10s at only 22, assuming that's the correct number, is very low by modern standards. It's not hard to see a difference between most 9s and 10s in hand. You will usually see chipping on the boarder and/or corners.

OK. And?

We are talking $66K (so far). For a Derek Jeter?

[Peter_Spaeth]

For $300 or whatever I paid, I am content with this one. Feel free to point out the terrible flaws.

[AGuinness]

Originally Posted by Peter_Spaeth

OK. And?

We are talking $66K (so far). For a Derek Jeter?

I'm confused, too. Especially since there are (currently) 22 PSA 10s out there. My best guess is that after this, one or two more hit the market, but won't do nearly as well as this one. My other guess is that some PSA 9s (currently 567 of those) will be resubmitted to see if they can get a bump, while ungraded copies and graded ones from other TPGs will also be submitted. That 22 could grow significantly for such a card that supposedly is "rare" due to being condition sensitive. Not sure the $60k+ will look that great in a few months.

[Peter_Spaeth]

Originally Posted by pokerplyr80

That set was extremely condition sensitive. The total population for 10s at only 22, assuming that's the correct number, is very low by modern standards. It's not hard to see a difference between most 9s and 10s in hand. You will usually see chipping on the boarder and/or corners.

When you talk about "most" 9s, how many of the 500+ have you personally examined? And how many 10s?

[Rookiemonster]

You can’t judge this card online in a scan, a pic, or any other way. The only way you can truly see the flaws on this card is in hand. Scratches on the surface and pitting is very hard to see because it’s shiny. Evan the corners on this card a difficult to dectect. The back can be very off center. I MEAN IT DOESN'T EVEN HAVE A PURPLE STICKER SOOOO...... PWCC and the Greg ( purple label) commented In this article. So I guess they know that purple label and PWCC both have EYE APPEAL stickers.

[Dpeck100]

Peter you seem to be the constant naysayer on the graded card market.

I first joined online forums in 2010 and became aware of what highly sought after graded cards were selling for at the time and the Jeter was going for just over 6k and there were at least half as many.

I would be willing to bet money you would have written at the time that someone paying that amount was just a flip buyer and that 6k is insane money for a modern day card.

Here we stand with the card north of ten times higher, the pop more than double and nothing has changed.

I can't say with any certainly what the future holds for this card but the odds of it going back to 6k are none.

The flaws on your card are obviously the upper two corners and while that is a nice copy it is clear that the card being auctioned off is nicer. I think what is tough for all collectors to wrap their head around at times is these small differences transcend into huge price gaps. It isn't going to change. The collapse of the PSA 10 isn't going to happen. Will cards come down in price in some cases? Yes but the spread between the 9's and 10's isn't going to narrow.

If anything on cards like this it is expanding.

[Peter_Spaeth]

David I perfectly understand the realities of the flip market, I just think it's madness. Take the 10 out of its holder, what do you think it would sell for? Put it in a Gem Mint Beckett holder, same question. A microtouch to a corner (and that's all mine is in hand, and the surface is perfect, best I have ever seen by the way) makes a difference between X and 200X? Is the opinion of some card grader who is probably no more qualified than you or I that it's Gem Mint not Mint really worth that in any meaningful way? It's all very artificial to me.

[pokerplyr80]

Originally Posted by Peter_Spaeth

When you talk about "most" 9s, how many of the 500+ have you personally examined? And how many 10s?

I've seen quite a few 9s and most have a visible flaw. I've even owned a couple. I have only seen a couple of 10s but could see the difference. As opposed to say an 89 ud Griffey where if you covered up the flip I would not be able to tell the difference between most 9s and 10s.

[uniship]

Can Brent or Courtney (or anyone familiar with buyer or seller) confirm if this was a true real sale or not?

[Peter_Spaeth]

Originally Posted by uniship

Can Brent or Courtney (or anyone familiar with buyer or seller) confirm if this was a true real sale or not?

Would you expect Brent to acknowledge it if it wasn't?

I doubt Cortney has anything to do with it.

[Peter_Spaeth]

Originally Posted by pokerplyr80

I've seen quite a few 9s and most have a visible flaw. I've even owned a couple. I have only seen a couple of 10s but could see the difference. As opposed to say an 89 ud Griffey where if you covered up the flip I would not be able to tell the difference between most 9s and 10s.

Interesting. I guess the concept of a mint card with a visible flaw still eludes me. If you can see corner wear, or maybe surface scratches which are common for this issue, shouldn't it be less than Mint?

[pokerplyr80]

Yea minor, but visible. I get the argument that the small flaw shouldnt take it from a card worth 500, or even 5k, up to 100k. But that card in a 10 has been an iconic and expensive card for a while now, although I believe most sales over the past few years have been in the 30-50k range.