T206 Eddie Plank prices finally take off?

[Rhotchkiss]

Good Gophering David. I agree with your analysis, including that the Plank A from Goldin is scrap and missing a color; in fact, I think Goldin messed up a bit by not describing it correctly as scrap, considering errors and "freaks" are their own little subset and fun to collect. I will start a thread....

[iwantitiwinit]

Without a doubt the reason these have escalated is that they are still attainable for many collectors at the $150,000 level or lower. Actually, I'm surprised that it took so long for them to reach this level to be honest.

[bounce]

Originally Posted by Rhotchkiss

Good Gophering David. I agree with your analysis, including that the Plank A from Goldin is scrap and missing a color; in fact, I think Goldin messed up a bit by not describing it correctly as scrap, considering errors and "freaks" are their own little subset and fun to collect. I will start a thread....

On the scrap topic, as I look again it’s probably not just missing one color, it may be missing a couple or more. His face pigment isn’t there and it’s obviously missing another round of blue. Plank in particular had several of these type of cards, which is why I think the broken printing plate idea had such traction.

I’ll try and find that link in the morning, as well as a link the black and white Plank. That one was originally the first Plank I wanted, saw it at the National one year but couldn’t afford to be in that game at that time.

But I agree, it seems Goldin didn’t really know exactly what they had in that card; it could have possibly done much better with a more thorough analysis of the card and what it likely was. BUY THE CARD - not just the case!

[bounce]

A few additional thoughts on the pricing - and here are the 350/30s next to each other.




At least for me, at the lower grades for rare cards like this I've changed my thinking over time. I wouldn't chase "authentic" cards or even cards with "marks", because they weren't totally original in my way of thinking. Similar with cards with paper loss, even on the backs or corners - they weren't fully original, which made them less valuable and less desirable - and the market has and continue to reflect that.

What I've come to terms with, however, is that if I want to own any of these cards I'm very likely NOT going to be able to get a number grade above a 1 or so, unless I'm willing to spend into 6 figures, which is just not somewhere I'm not comfortable being on most of them. Thus, if I want to own an attractive version of the card, I am probably going to have to settle for some "authentics" in my collection. In this specific instance, with all the various printers scrap etc on this card, the trimming didn't bother me as much because of the eye appeal. I've seen other 1s and 2s that are creased beyond belief, and I just can't look at those and feel any desire to own them. As with any of these cards, I could end up being wrong certainly, but I just felt there was great value long term in this particular card, because it shows pretty well even against higher number graded cards. It's definitely a card by card analysis for me, just thought I'd share this specific thinking.

In my weird card math, for 20% of the price I got 90% of the card. That seems like a good trade to me.

[Sean]

Originally Posted by Rhotchkiss

Good Gophering David. I agree with your analysis, including that the Plank A from Goldin is scrap and missing a color; in fact, I think Goldin messed up a bit by not describing it correctly as scrap

Ironically, this scrap Plank with the missing colors was also incorrectly described as just a regular Plank by Sothebys in 1999. It was part of a two card lot, along with the all-white Plank. Sothebys referred to them as a missing color Plank and a standard Plank.

This was the Barry Halper auction, and both cards were ungraded at the time. When it was resold in 2006 it had been graded, and Heritage correctly called it a missing color scrap.

IMG_1342.jpg

[chriskim]

Originally Posted by Sean

Ironically, this scrap Plank with the missing colors was also incorrectly described as just a regular Plank by Sothebys in 1999. It was part of a two card lot, along with the all-white Plank. Sothebys referred to them as a missing color Plank and a standard Plank.

This was the Barry Halper auction, and both cards were ungraded at the time. When it was resold in 2006 it had been graded, and Heritage correctly called it a missing color scrap.

Attachment 460466

Very nice! Thx for sharing! Are you also the winner of that Plank missing color scrap from Goldin?

[Sean]

Originally Posted by chriskim

Very nice! Thx for sharing! Are you also the winner of that Plank missing color scrap from Goldin?

No, I have a friend who was the underbidder, but I don't know who won that one.

[PhillyFan1883]

I have noticed strong prices for Plank t206’s also recently. Underrated card. Great card with upside.

[Mjpadilla84]

A PR1 Plank just sold last night on Goldin auctions for a little over 50k.

[Mjpadilla84]

Here is the Plank I picked up on EBay a few months ago for a reasonable price. It really does seem that prices are starting to take off on these.