Heritage Auction wins

[rats60]

Originally Posted by Dpeck100

I just was being sarcastic.

I think it is laughable reading all the posts where the soothsayers are forecasting doom for the graded card market and how anyone who buys a graded card is an idiot.

If someone can afford to drop 252k on a trading card they aren't an idiot.

People love to collect and that isn't going to change.

I have been very active over the years on the CU board and the kool aide drinking you suggest I don't see. Surprisingly PSA has let a lot of negative posts be made.

My Plank is a lot nicer than that one. So is Ryan's. I guess we made a bunch of money last night.

[Dpeck100]

Originally Posted by rats60

My Plank is a lot nicer than that one. So is Ryan's. I guess we made a bunch of money last night.

Sounds exciting.

[RedsFan1941]

Originally Posted by rats60

My Plank is a lot nicer than that one. So is Ryan's. I guess we made a bunch of money last night.

if you have a 150 plank nicer than that one, kudos to you

[sb1]

I think the deciding factor on the Plank was the Factory 30, apparently someone placed a higher value on that.

150 Series are tough enough with the PSA pop report showing fourteen 350 Series cards and only three 150 Series, all Fact. 30. Oddly no Fact 25's are shown in the pop report. With a total of sixty-four Plank Sweet Caporal's graded forty-seven were graded prior to listing the series/factory, leaving the true factory rarities still to be determined. Researching the PSA Auction prices realized for the unlabeled Planks revealed eighteen of the unlabled forty-seven, all of which were either 350 series or 150 Fact. 30, with only one 150 Fact. 25, which might lead one to believe the Fact 25, is actually the scarcest of all possible backs on the T206 Plank(less the Piedmont). Reading old archives 10+ years old, many people were uncertain the Fact. 25 even existed.

Regardless, the 150's are still much rarer and more desirable.

[ccre]

Excited to finally get one of these.

[Jobu]

Scott - here are pics of 59 different Planks:

http://t206resource.com/Plank-Gallery.html

If you feel like working up some factory numbers.

Originally Posted by sb1

I think the deciding factor on the Plank was the Factory 30, apparently someone placed a higher value on that.

150 Series are tough enough with the PSA pop report showing fourteen 350 Series cards and only three 150 Series, all Fact. 30. Oddly no Fact 25's are shown in the pop report. With a total of sixty-four Plank Sweet Caporal's graded forty-seven were graded prior to listing the series/factory, leaving the true factory rarities still to be determined. Researching the PSA Auction prices realized for the unlabeled Planks revealed eighteen of the unlabled forty-seven, all of which were either 350 series or 150 Fact. 30, with only one 150 Fact. 25, which might lead one to believe the Fact 25, is actually the scarcest of all possible backs on the T206 Plank(less the Piedmont). Reading old archives 10+ years old, many people were uncertain the Fact. 25 even existed.

Regardless, the 150's are still much rarer and more desirable.

[Dpeck100]

If there was going to be a serious hit it would be now.

When a company releases bad news the stock gaps down. It is doesn't trade down it literally gaps lower. There are times mid session where stocks accelerate lower but that is just an intisifying of the carnage.

When there were cracks in the market in 2008 auction driven products had failed auctions because of lack of buyers and clearly as the news flow is horrible right now buyers weren't absent.

Right or wrong my view point on markets is driven from a purely economic mindset and I understand the emotional view but one must try and look at the bigger picture and this game is far from over.

[swarmee]

You didn't answer any of my questions. And thinking that the baseball card market has the same speed of information that the stock market does, is foolhardy, IMO.
One of the guys I messaged with 13 trimmed cards outed on blowout responded back that he didn't know any of this was going on. That is where PSA and PWCC are failing. They claim to be proactive on informing customers and giving refunds, but it's all a joke. Subterfuge.

[Dpeck100]

On the stair master killing it and will respond more later. Screen getting soaked from sweat.

[sb1]

Originally Posted by Jobu

Scott - here are pics of 59 different Planks:

http://t206resource.com/Plank-Gallery.html

If you feel like working up some factory numbers.

Without taking the time to compare each card(several of the same ones are shown in different holders(crossovers mostly), there appear to be 12 or 13 150 Series on the page, only one of which is a Fact. 25, all the rest are Fact 30. One other front only shown, is a Fact 25. when comparing the PSA serial number to known 150's.

Just with this quick viewing of a large number of the known Plank's it is very safe to conclude that the Sweet Cap 350 is the most common, the Sweet Cap 150 Fact 30, the next most often found and the Sweet Cap 150 Fact 25, a very, very scarce combo and the rarest by far. Actually might challenge the Piedmont Planks as being the most difficult, but the Piedmont will be more popular due to the markedly different back and mystery of it's production.

So...if a PSA 3 150 Series Fact. 30 is now bringing $250k+, what might an even rarer Fact 25 bring if brought to market?

[Rhotchkiss]

Originally Posted by sb1

I think the deciding factor on the Plank was the Factory 30, apparently someone placed a higher value on that.

150 Series are tough enough with the PSA pop report showing fourteen 350 Series cards and only three 150 Series, all Fact. 30. Oddly no Fact 25's are shown in the pop report. With a total of sixty-four Plank Sweet Caporal's graded forty-seven were graded prior to listing the series/factory, leaving the true factory rarities still to be determined. Researching the PSA Auction prices realized for the unlabeled Planks revealed eighteen of the unlabled forty-seven, all of which were either 350 series or 150 Fact. 30, with only one 150 Fact. 25, which might lead one to believe the Fact 25, is actually the scarcest of all possible backs on the T206 Plank(less the Piedmont). Reading old archives 10+ years old, many people were uncertain the Fact. 25 even existed.

Regardless, the 150's are still much rarer and more desirable.

This.

The series 150 makes the card much more special. But holy crap, not THAT much more special in my opinion- but clearly I am wrong. I wanted this card badly. But once it got over $100k (it’s not a great looking example to be honest), I felt it got a little pricey. But then, POW, that sucker took off to heights that I never expected; reminds me of the type 2 W600 Wagner that sold a few months ago (for $100k more than the more desirable and higher graded type 1 sold for on Thursday). I just think sometimes people get caught up in the rush (seems that’s what happened with the Cobb red Hindu also, among others). I have been guilty of that - more times than I care to admit.

But the series 150 is not THAT rare (not like the Wajo BL 460), and this sale will likely draw a few out. And I will be waiting....!!

[CuriousGeorge]

Originally Posted by Rhotchkiss

This.

The series 150 makes the card much more special. But holy crap, not THAT much more special in my opinion- but clearly I am wrong. I wanted this card badly. But once it got over $100k (it’s not a great looking example to be honest), I felt it got a little pricey. But then, POW, that sucker took off to heights that I never expected; reminds me of the type 2 W600 Wagner that sold a few months ago (for $100k more than the more desirable and higher graded type 1 sold for on Thursday). I just think sometimes people get caught up in the rush (seems that’s what happened with the Cobb red Hindu also, among others). I have been guilty of that - more times than I care to admit.

But the series 150 is not THAT rare (not like the Wajo BL 460), and this sale will likely draw a few out. And I will be waiting....!!

If you want rare back top HOF T206’s you either have to pay up or be ok with looking at it in someone else’s collection. When the PSA 2 Wagner sells for over 1.2M in Mile High this fall, and it will, we’ll all be saying the same thing until it sells for 1.5 the next time. Unfortunate perhaps but reality.

[bigfanNY]

I agree with Scott it is a very scarce card and if 2 or more collectors want a 150 subset they need this card and dont know when another is coming up. And that is the formula for a new record sale.

[Rhotchkiss]

Originally Posted by CuriousGeorge

If you want rare back top HOF T206’s you either have to pay up or be ok with looking at it in someone else’s collection. When the PSA 2 Wagner sells for over 1.2M in Mile High this fall, and it will, we’ll all be saying the same thing until it sells for 1.5 the next time. Unfortunate perhaps but reality.

The cards I have done the best on are the ones I thought I totally overpaid for. Big boy cards cost big boy $$, no doubt.

[CuriousGeorge]

Originally Posted by Rhotchkiss

The cards I have done the best on are the ones I thought I totally overpaid for. Big boy cards cost big boy $$, no doubt.

Every card I buy now I think I overpay and just figure there will be someone as dumb as me to buy it down the road. Except the W600 Wagner on Thursday. After the previous sale I thought this one was reasonably priced.