1952 Bowman Mantle...this current bidding can't be real, can it?

[Exhibitman]

How did I know before I even clicked the link that it was PWCC? They get such amazing high prices, so far over what anyone else seems to get. How do they do it???

[thatkidfromjerrymaguire]

Well, a couple more 1952 Bowmans closed last night...a PSA 5.5 and a PSA 6...both around $7300 (strong prices, but in line with the recent pricing across the board). So unless that SGC 7 is REALLY worth 6x a PSA 6, then that bidding remains a suspicious outlier (it's over 40K).

And it appears that others are taking note, as more 1952 Bowman Mantles are being listed with "ridiculous" asking prices.

However, there is a new PSA 7 listed at $18,500 BIN. That one should be FLYING off the shelf any minute now if $40K is the new 7 value.

[Johnny630]

https://www.ebay.com/itm/1952-Bowman...IAAOSwZylgHI8t


How can this be explained ??????

This card has consistently sold between $5,500-7,500 of recent in 7 Grade now with 2 days left this $40,000 ???????

It’s my opinion that this same card will be relisted by the same auction within 1 to 3 months from now. Investors aren’t stupid or blind the fundamentals are not there for this said price. I understand momentum, this reminds me of GameStop. That’s just me that’s just my opinion I could be dead wrong. This card is a beautiful card in my personal opinion it could go between 10 and 15k but 40 with two days to go is pie in the sky in my book.

I’m sorry I don’t trust this number as a true Value of said card.

[Johnny630]

Originally Posted by thatkidfromjerrymaguire

Well, a couple more 1952 Bowmans closed last night...a PSA 5.5 and a PSA 6...both around $7300 (strong prices, but in line with the recent pricing across the board). So unless that SGC 7 is REALLY worth 6x a PSA 6, then that bidding remains a suspicious outlier (it's over 40K).

And it appears that others are taking note, as more 1952 Bowman Mantles are being listed with "ridiculous" asking prices.

However, there is a new PSA 7 listed at $18,500 BIN. That one should be FLYING off the shelf any minute now if $40K is the new 7 value.

Look at the bottom right corner on that 7 BIN $18,500 how is that a 7 ? Hell actually all of the corners.

Also look at his forearm ?? What's going on there with that gray spot???

[packs]

...

[thatkidfromjerrymaguire]

Originally Posted by Johnny630

Look at the bottom right corner on that 7 BIN $18,500 how is that a 7 ? Hell actually all of the corners.

Also look at his forearm ?? What's going on there with that gray spot???

I agree...that is NOT a very good looking 7.

However, even though my comment about it "flying off the shelf" was tongue in cheek, it looks like it actually DID just sell this morning.

Not sure what to make of it.

As collectors it appears that we are just making it harder on ourselves. Rather than just patiently wait for "reasonable" card prices, we seem to be driving the prices up on ourselves in an almost "panic buy" mentality. I have certainly pulled the trigger on a card or two in the last 6 months I wasn't planning on, but NOT at this level.

[thatkidfromjerrymaguire]

It will be interesting to see the final price of this card tonight:

https://www.ebay.com/itm/1952-Bowman...wAAOSwl29gKyJ6

The initial SGC 7 Mantle that prompted me to start this thread two weeks ago closed at $42,600.

This is the first comparable Mantle to come up for auction since then. Another nice looking SGC 7 from PWCC.

Not sure where this one will end, but it's taking a more "typical" bidding pattern...a slow run up with the potential for high sniping at the end. Sitting at $9700 currently is a little more "normal" then first one that was close to $40K with five days left.

I honestly have no idea how to predict the ending price of this card. But I'm fairly certain it will be somewhere between $10K and $50K