REA results

[investinrookies]

Originally Posted by BobC

Could that be because it seems every decent auction anymore has '33 Goudey Ruths, '52 Topps Mantles, '51 Bowman Mays and Mantle, and similar main cards in it, and that those that want them (and can afford the current inflated prices) already have them? If so, maybe the dealers and flippers have started to reach somewhat of a ceiling on those. Wouldn't be surprised to see that happening where there seems to be no limit to the numbers of "big" cards like these that always seem to be available for sale.

Meanwhile, maybe the focus, and higher prices, is starting to shift to the rarer, harder to find items of these players. Maybe not so much for Mantle and Mays, but definitely seems it could be the for Ruth cards. Especially since the Goudeys were so late in his career. There are tons of earlier Ruth cards for investors/flippers to look to.

I have thought the same thing regrading some of the more main steam bigger cards. I personally am one that switched my focus to the more earlier/rare cards of Ruth/Cobb. To me these are a no brainer in this market and seem grossly undervalued.


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[hcv123]

Originally Posted by investinrookies

I have thought the same thing regrading some of the more main steam bigger cards. I personally am one that switched my focus to the more earlier/rare cards of Ruth/Cobb. To me these are a no brainer in this market and seem grossly undervalued.


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The Goudeys are THE most sought after (read - highest demand) Ruth cards and will likely remain so - heck, I would call the #144 the "poster card" of prewar gum cards. There are only ~2,000 graded (PSA and SGC combined) examples of the #144 (+ I would guess considerably less than that # raw) , which while intially may sound like a big number - pales in comparison to the demand the card has. The 3 other Goudey's have lower populations. That said, I do agree that some of his earlier issues have considerably lower populations (and at least for now considerably lower demand). To me the head scratcher is Ruth's Exhibit cards (The '21 topping the list) and Exhibit cards in general - The 25 Gehrig Exhibit gets a "demand pass" and somehow shatters the Exhibit card price mold while all the rest of the Exhibit cards are ignored? Why?

[BobC]

Originally Posted by hcv123

The Goudeys are THE most sought after (read - highest demand) Ruth cards and will likely remain so - heck, I would call the #144 the "poster card" of prewar gum cards. There are only ~2,000 graded (PSA and SGC combined) examples of the #144 (+ I would guess considerably less than that # raw) , which while intially may sound like a big number - pales in comparison to the demand the card has. The 3 other Goudey's have lower populations. That said, I do agree that some of his earlier issues have considerably lower populations (and at least for now considerably lower demand). To me the head scratcher is Ruth's Exhibit cards (The '21 topping the list) and Exhibit cards in general - The 25 Gehrig Exhibit gets a "demand pass" and somehow shatters the Exhibit card price mold while all the rest of the Exhibit cards are ignored? Why?

Howard,

Don't disagree with you at all, but have always wondered how much of that demand was due to the old Beckett guides listing Ruth's Goudey cards as his rookie cards. For chrissakes, it was Ruth's 19th season before he finally has a rookie card?!?!?! And yes, I know their definition of a rookie card was for one included in a nationally issued set. But that entire premise was based more on Topps and Bowman card issues, which was more of the sweet spot for the collectors who had grown up in the '40s, '50s, and '60s that Beckett was primarily marketing to back in the day. Heck, nationally issued, MLB wasn't even played West of St. Louis back in the '30s so it wasn't totally national either.

And personally for me, I have always liked to collect things that maybe not everyone else is into. That's exactly why I don't really collect T206 and the '33 and '34 Goudey sets. Everyone else is into those sets, so instead, I looked at collecting T205, S74, Diamond Stars, Batter-Up, and other oddball sets and the like. But that's me. I still think that "rookie card" designation for Ruth's Goudey cards is behind a good bit of that deemed value and demand they hold in the hobby. To me, this would be like saying Mantle's '69 Topps cards are his true rookie cards, and therefore, they're way more valuable than most all of his earlier issued items, save his true rookie cards from his earliest years in the league.

[BobC]

Originally Posted by investinrookies

I have thought the same thing regrading some of the more main steam bigger cards. I personally am one that switched to the more earlier/rare cards of Ruth. To me these are a no brainer in this market and seem grossly undervalued.


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I'm the same way. I would love to pick up many cards, but am not going to pay the prices a lot of them are now going for. I will either wait till prices come back down to what I think they're worth and am willing to pay for certain cards, or not ever buy them if they don't come back down. Either way, that's fine with me. I am happy collecting on the lower end of the condition scale, and prefer raw cards, if possible. Actually feel more comfortable with the lower condition items as they would seem to be less likely to have been altered/doctored as well. I can do without overpaying for certain cards. There always seems to be other areas/items to collect from, and occasionally they can end up being a lot more interesting, at least to me.

Great examples, REA had a Ruth Feen-A-Mint mask that went for a not ridiculous amount in last night's auction. Certainly not a main stream card, but definitely a fairly rare Ruth item. And no, I did not win it last night as I was only watching it and hadn't put a bid in before extended bidding started. Kind of wished I had though, but was focused on some other items in REA. At least until until extended bidding started and I got blown out of water on pretty much everything I was interested in. LOL