M101-2 Supplements in Memory Lane

[nolemmings]

Originally Posted by Bliggity

Unlike most other prewar cards where the highest-quality examples are already in TPG holders, 99% of the highest-quality examples of M101-2s are in raw collections, along with tons of examples that would probably grade in the 2-4 range. Whoever is buying these either has no knowledge or understanding of the series, or is a registry addict, or both. As BobC mentioned, if the people holding the 99% of the nice raw M101-2s start grading them, the people who are paying $12K for a PSA 1 Jackson and $10K for a PSA 1 Wagner are going to be hurting.

Agreed. I don't even understand the registry addict element either, unless the object is to just have a set registered regardless of grade. Presumably any m101-2 premium submitted will garner at least a PSA 1 so long as it is intact and not colored. I always thought that registry geeks picked up 1's only as fillers, and usually when the subject was so scarce that you buy when you can and hope to upgrade. These are simply not that scarce.

The whole thing just looks like another PSA boondoggle--although I'm sure they will keep laughing all the way to the bank. They are just now grading these and have not set realistic standards--perhaps not any known standards. As registry addicts toss hundreds/thousands of dollars in grading fees to slab these premiums, there will be the usual battles over less attractive examples that somehow find their way into a PSA 5 or 6 holder commanding large dollars while many PSA 1s look no different to the eye, and then "experts" will grapple with explaining why the "technical grade" is so disparate.

And so it goes. Just another pecker-measuring contest in the works.

Here's one of my favorites-- the light swirls in the sky to the left of his head are found on all Bresnahans, who was the first premium issued in the m101-2 set:

[BobC]

Originally Posted by nolemmings

Agreed. I don't even understand the registry addict element either, unless the object is to just have a set registered regardless of grade. Presumably any m101-2 premium submitted will garner at least a PSA 1 so long as it is intact and not colored. I always thought that registry geeks picked up 1's only as fillers, and usually when the subject was so scarce that you buy when you can and hope to upgrade. These are simply not that scarce.

The whole thing just looks like another PSA boondoggle--although I'm sure they will keep laughing all the way to the bank. They are just now grading these and have not set realistic standards--perhaps not any known standards. As registry addicts toss hundreds/thousands of dollars in grading fees to slab these premiums, there will be the usual battles over less attractive examples that somehow find their way into a PSA 5 or 6 holder commanding large dollars while many PSA 1s look no different to the eye, and then "experts" will grapple with explaining why the "technical grade" is so disparate.

And so it goes. Just another pecker-measuring contest in the works.

Here's one of my favorites-- the light swirls in the sky to the left of his head are found on all Bresnahans, who was the first premium issued in the m101-2 set:

Todd,

Definitely agree with what you're saying. Will be interesting to see what happens going forward for sure.

And love that Bresnahan image and pose. This entire set has some unbelievable images in it. Always felt it was way underappreciated.

[Joshheckathorn]

I know I was blown away when I saw those prices. Just a couple months ago I posted a Jackson and Wagner for sale here on the board, and never had an inquiry on either. The prices were 1500 for the Jackson and 1000 for the Wagner. I ended up selling eBay after they sat for a while. I guess I should of held out and put a psa case on them for somebody to want them.

[BobC]

Originally Posted by Joshheckathorn

I know I was blown away when I saw those prices. Just a couple months ago I posted a Jackson and Wagner for sale here on the board, and never had an inquiry on either. The prices were 1500 for the Jackson and 1000 for the Wagner. I ended up selling eBay after they sat for a while. I guess I should of held out and put a psa case on them for somebody to want them.

Sorry to hear that. Kind of what some of us were saying as to how we can't understand the auction prices for these, especially for PSA1 grades. I hope you actually did better on Ebay than what you were asking for on the BST, but am going to guess not.

Here's something to consider though, with those crazy auction prices and PSA's higher fees now, what would you have to pay to get one of these M101-2s graded by them now, especially for a Cobb, Wagner or Jackson? Would also guess that if someone was going to get M101-2s graded, they are likely sticking to the big names and HOFers as opposed to the common players. I don't think those commons will see the same meteoric rise in prices like the Cobb, Wagner, and Jackson supplements.