T206 "Magie" Error Prices

[Rhotchkiss]

I think it’s a great investment. It’s one of the “Big 4” of the greatest card-set ever made (not just sports). As long as t206 is a good investment, Magie will be a great investment. Personally, I think t206 is cardboard gold

[z28jd]

I'm apologizing in advance for the scan because I had to find one that I posted almost 15 years ago because I'm not on my computer. I believe it was early 2001, just out of school with a car payment and a mediocre at best job, a Magie showed up on Ebay and I was in the middle of collecting the T206 set. I showed the auction to my dad, who called me at work to say that he won the card for $1,775 and I could pay him back $1,500 and the rest would be a birthday present. I was both thrilled and wondering where I would get $1,500 from. I'd say it was a good purchase seeing what they go for now, but it sure did leave me broke for a little while.

[vthobby]

Pretty happy when I got this off the T206 buy sell boards on here in early 2020.

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[mrreality68]

Great card and actually like the look of it.

Plus it is a famous error card of a famous set.

It makes a great investment

[Snapolit1]

OK, as everyone is on the same page, I will be the contrarian (a.k.a. self-designated sh*tkicker).

Who is going to care one whit about Sherry Magie in 20 years?

Is the next generation of investment bankers and crypto millionaires going to go bonkers over him for some reason?

Is he about to get the ESPN Final Dance treatment?

[53toppscollector]

For a lot of sets, I think that kind of logic applies. But I think T206 cards capture the imagination of collectors of all ages. I think even younger collectors understand the importance of the Wagner, and once they learn about the Wagner, they will get lured into the rest of the set. The Magie is needed for a complete set, and there will be collectors out there looking to complete the set (possibly up to Wagner and Doyle) for the rest of time. Given the very limited supply, I think it is unlikely this card will decline in value. It isn't like another 200-300 copies will just show up tomorrow.

[tedzan]

Steve

I usually agree with you....but I cannot this time.

I acquired my first MAGIE card in the 1980's. It cost me 600 for a Vg one. I sold it for 1500 in the mid 1990's.

In 2006, I bought another MAGIE card for my PIEDMONT set. It cost me 4000 for a Vg one.

Nowadays, MAGIE cards in similar condition are selling (direct sales or Auctions) for 10K, or more.


TED Z

T206 Reference
.

[chriskim]

I know people who has multiple copies of Magie and Plank. Pretty sure there are people has multiple Wagner, Cobb back and possibly Doyle Nat'l. I don't see their prices would drop at all....

[Snapolit1]

Lol. Just trying to stir the pot as usual . . . .

Ted hope you are staying healthy and well. I believe you are in Jersey as am I. Seems like every other person I know right now (including my wife) has tested positive. Be safe out there as they said on Hill Street Blues.

Originally Posted by tedzan

Steve

I usually agree with you....but I cannot this time.

I acquired my first MAGIE card in the 1980's. It cost me 600 for a Vg one. I sold it for 1500 in the mid 1990's.

In 2006, I bought another MAGIE card for my PIEDMONT set. It cost me 4000 for a Vg one.

Nowadays, MAGIE cards in similar condition are selling (direct sales or Auctions) for 10K, or more.


TED Z

T206 Reference
.

[skelly423]

Originally Posted by Snapolit1

OK, as everyone is on the same page, I will be the contrarian (a.k.a. self-designated sh*tkicker).

Who is going to care one whit about Sherry Magie in 20 years?

Is the next generation of investment bankers and crypto millionaires going to go bonkers over him for some reason?

Is he about to get the ESPN Final Dance treatment?

I always appreciate the devil's advocate in these threads. I think the fact that we're sitting here in 2022 talking about a Sherry Magie card produced 113 years ago is evidence enough that it will still be relevant in 20 years.

[Fred]

Originally Posted by Snapolit1

OK, as everyone is on the same page, I will be the contrarian (a.k.a. self-designated sh*tkicker).

Who is going to care one whit about Sherry Magie in 20 years?

Is the next generation of investment bankers and crypto millionaires going to go bonkers over him for some reason?

Is he about to get the ESPN Final Dance treatment?

It's all about the hype. Lot's of attention "now" probably means people will revere this card in the future.

It's easy to remember the T206 Wagner because of over 5 decades of hype. Yeah, I get it, it's Wagner. Who's Magee?

Just my personal thought - this card has been hyped to the point where it's a must have card in the (arguably) most collected turn of the century tobacco card offering. If people with cash want it because it's so hyped, they'll pay the price. If I had unlimited resources, I'd probably own one. But since I don't, I'll spend my cash on stuff that I like. Sometimes it just turns into one of those "cardboard measuring contest" things.

Just my opinion, as long as cardboard prices rise, this will also continue to rise. The more this becomes a deep pockets guy hobby, then you can rest assured that this card will probably rise in price faster than other cards in the set because of the hype.