So, here's what 475K will get you these days:

[clydepepper]

REA


Wagner card sells for 475K in Feb 2022.jpg

I think I'll pass on this one

[Seven]

For 475K I'd rather a playing days card of each of the inaugural class, along with a smattering of other players to complete my "grail" list.

I'll never tell other people how to spend their money, but it blows my mind.

[Tyruscobb]

How ironic - half a Wagner sells for half a million.

[GasHouseGang]

Originally Posted by Tyruscobb

How ironic - half a Wagner sells for half a million.

That's what happens when you divorce and have to split your assets.

[Casey2296]

Man, give me 475k and 18-24 months and I could build a very respectable 300 card collection.

[mrreality68]

And in a few years the buyer will sell this for double or restore it and sell it for triple.

Regardless they are happy since they bid on it.

Not for me but of course not in my budget.

With that money I would focus on Ruth and Jackson none that are half baked

[tlhss]

In perspective ...

This would buy 3 years of cancer treatment for a child at St Jude's Children's Research Hospital.

This would provide 190,000 meals at our local mission.

For the cost of a half a piece of cardboard.

Tim

[GasHouseGang]

I thought for sure it was going to be something like.....

[Smarti5051]

I have heard about those companies that offer a "partial interest" in iconic sportscards, but this seems a bit extreme.

At this point, maybe Topps should buy it, cut it into 30-50 smaller pieces and overlay those pieces over a T206 reprint, get them encased and randomly insert them in packs so 30-50 people could own a small piece of Baseball's Holy Grail. It would be visually more appealing and just as significant as owning 50%.

[Rhotchkiss]

Originally Posted by mrreality68

And in a few years the buyer will sell this for double

+1. I love the card and think it was a solid buy from an investment perspective; not sure I would want it in the long run as a permanent part of my personal collection.

[chriskim]

I would pay $475k for Half A Wagner than a logoman 1/1 who start playing in 2020.

[butchie_t]

An affordable Wagner for someone. Well, good for them and congrats on the purchase.

That sort of money is what is going towards my retirement home. I can live in that, I cannot live in the Wagner card.

Cheers,

[bnorth]

Originally Posted by butchie_t

An affordable Wagner for someone. Well, good for them and congrats on the purchase.

That sort of money is what is going towards my retirement home. I can live in that, I cannot live in the Wagner card.

Cheers,

Has a Wagner ever lost value? As someone looking at ocean front property for a few years. The listing price of houses is still going up but the actual selling prices are falling. If you bought a house in the last year or two there is a very good chance you will be underwater in the near future if you have a mortgage.

[CobbSpikedMe]

Originally Posted by mrreality68

And in a few years the buyer will sell this for double or restore it and sell it for triple.

You are totally correct here. Even this part of a Wagner will double in price in a couple years. I won't be surprised at all when it comes back to market and sells for a lot more.


.

[Hankphenom]

Originally Posted by CobbSpikedMe

You are totally correct here. Even this part of a Wagner will double in price in a couple years. I won't be surprised at all when it comes back to market and sells for a lot more.

+1. And I would love to have this on display in my office. Great conversation piece.

[Fred]

Originally Posted by Hankphenom

+1. And I would love to have this on display in my office. Great conversation piece.

The conversation would be something like:

"you paid how much for that?"

[mrreality68]

Originally Posted by Hankphenom

+1. And I would love to have this on display in my office. Great conversation piece.

Agreed it is definitely a conversation starter

[bnorth]

Originally Posted by Casey2296

Man, give me 475k and 18-24 months and I could build a very respectable 300 card collection.

With that much cash just to throw at cards I would go for a complete T210 set.

[mrreality68]

Originally Posted by bnorth

With that much cash just to throw at cards I would go for a complete T210 set.

Actually that is a really nice set to make a run on

[trambo]

Originally Posted by mrreality68

Actually that is a really nice set to make a run on

I said if I were going to buy one (and had the funds of course), that would be the one to buy. Would've been a great way to get into a Wagner!

[John1941]

Originally Posted by Casey2296

Man, give me 475k and 18-24 months and I could build a very respectable 300 card collection.

Give me 475k and 18-24 months and I could build a very respectable 30,000 card collection.

[ALBB]

but from the other side of the fence..
a guy ( with money of course) ...has a chance to finally COMPLETE the all time classic T 206 set .....not many out there that can say that

[Hankphenom]

Originally Posted by ALBB

but from the other side of the fence..
a guy ( with money of course) ...has a chance to finally COMPLETE the all time classic T 206 set .....not many out there that can say that

Bingo!

[ullmandds]

Originally Posted by Hankphenom

Bingo!

what about the doyle?

[BCauley]

Apparently an autographed 1/1 card of a player who is still in the minors sold for $474K the other day.

For the buyer's sake, I hope the player pans out.

https://www.beckett.com/news/2020-bo...ls-for-474000/

[Snapolit1]

Originally Posted by BCauley

Apparently an autographed 1/1 card of a player who is still in the minors sold for $474K the other day.

For the buyer's sake, I hope the player pans out.

https://www.beckett.com/news/2020-bo...ls-for-474000/

Starting his first season in A level.

[cgjackson222]

Originally Posted by BCauley

Apparently an autographed 1/1 card of a player who is still in the minors sold for $474K the other day.

For the buyer's sake, I hope the player pans out.

https://www.beckett.com/news/2020-bo...ls-for-474000/

Wow, as the article says, Jasson Dominguez, who turned 19 yesterday, enters the 2022 season ranked 87 on Baseball America‘s list of Top 100 Prospects. The centerfielder’s minor league line in 2021 includes a .252 batting average, five home runs and 19 RBI in 56 games between rookie ball and Low-A.

I guess the Yankees are pretty high on him, having signed him for $5.1M as a 16 year old:
https://www.si.com/mlb/yankees/news/tampa-tarpons-manager-rachel-balkovec-praises-new-york-yankees-prospect-jasson-dominguez#:~:text=But%20the%20Yankees'%20new%20Low ,he's%20doing%20behind%20the%20scenes.&text=Fair%20or%20not%2C%20the%20spotlight,%2Dyear% 2Dold%20in%202019.

[Snapolit1]

Hype machine on this kid has been off the charts for a while. "The Martian"

May turn out to be a very nice player. May not. Mets had a five tool phenom a few years ago Fernando Martinez who was supposed to the second coming of Willie Mays. Didn't work out too well. Sure fans of other teams can easily pull up their own examples.

What doesn't make sense to me about this is Juan Soto has turned into an amazing player. Has established himself as a bona fide superstar. Would his 1/1/ refractor today sell for this much? I guess maybe. How much could this card really appreciate. If he turns into the next Mickey Mantle in two years is this going to be worth more than a Honus Wagner card all of a sudden? Just don't understand the investment thesis here. And it's an investment nothing else. Whoever paid this likely has never see the kid take a swing.

Originally Posted by cgjackson222

Wow, as the article says, Jasson Dominguez, who turned 19 yesterday, enters the 2022 season ranked 87 on Baseball America‘s list of Top 100 Prospects. The centerfielder’s minor league line in 2021 includes a .252 batting average, five home runs and 19 RBI in 56 games between rookie ball and Low-A.

I guess the Yankees are pretty high on him, having signed him for $5.1M as a 16 year old:
https://www.si.com/mlb/yankees/news/tampa-tarpons-manager-rachel-balkovec-praises-new-york-yankees-prospect-jasson-dominguez#:~:text=But%20the%20Yankees'%20new%20Low ,he's%20doing%20behind%20the%20scenes.&text=Fair%20or%20not%2C%20the%20spotlight,%2Dyear% 2Dold%20in%202019.

[Ben Yourg]

How much is the auction fee?

[MattyC]

Originally Posted by Snapolit1

Hype machine on this kid has been off the charts for a while. "The Martian"

May turn out to be a very nice player. May not. Mets had a five tool phenom a few years ago Fernando Martinez who was supposed to the second coming of Willie Mays. Didn't work out too well. Sure fans of other teams can easily pull up their own examples.

What doesn't make sense to me about this is Juan Soto has turned into an amazing player. Has established himself as a bona fide superstar. Would his 1/1/ refractor today sell for this much? I guess maybe. How much could this card really appreciate. If he turns into the next Mickey Mantle in two years is this going to be worth more than a Honus Wagner card all of a sudden? Just don't understand the investment thesis here. And it's an investment nothing else. Whoever paid this likely has never see the kid take a swing.

I agree with what you say, Steve, and I would add that while the purchasers of these modern sportscards try and present themselves as investors and their six digit prospect cards and break slots as shrewd investments, it's much less "Gordon Gekko" or "Goldman Sachs" and much more like degenerate gambling for greedy adrenaline junkies. The card is no different to them than a slip from a sports book or a hand in a poker game. They hold and wait for some morsel of hype that will induce the next guy to pay more, hoping at the next hype nugget, he can find the next man to pay more. And this game continues, as Dennis Reynolds said in one great episode of Sunny in Philly, "until it just, sort of, ends."

On its face, the notion that the card of someone who never has taken a swing in the majors costs more than the cards of icons of the game, it is sheer lunacy-- it is the economics of this high stakes gambling game the participants play, the agreed-upon ante amongst them, that results in these sky high prices for these cards. Because it surely has zero to do with achievement on the field or even potential at these numbers, relative to what cards of the true greats cost.

[jakebeckleyoldeagleeye]

It depends if you are a glass half empty or glass half full person.

[hcv123]

Originally Posted by MattyC

I agree with what you say, Steve, and I would add that while the purchasers of these modern sportscards try and present themselves as investors and their six digit prospect cards and break slots as shrewd investments, it's much less "Gordon Gekko" or "Goldman Sachs" and much more like degenerate gambling for greedy adrenaline junkies. The card is no different to them than a slip from a sports book or a hand in a poker game. They hold and wait for some morsel of hype that will induce the next guy to pay more, hoping at the next hype nugget, he can find the next man to pay more. And this game continues, as Dennis Reynolds said in one great episode of Sunny in Philly, "until it just, sort of, ends."

On its face, the notion that the card of someone who never has taken a swing in the majors costs more than the cards of icons of the game, it is sheer lunacy-- it is the economics of this high stakes gambling game the participants play, the agreed-upon ante amongst them, that results in these sky high prices for these cards. Because it surely has zero to do with achievement on the field or even potential at these numbers, relative to what cards of the true greats cost.

This!

[Snapolit1]

Funny, I asked about whether there was an equivalent Juan Soto 1/1 refractor. Well here's the story.


https://www.youtube.com/watch?v=Bu9S4OmEr6Y

Originally Posted by MattyC

I agree with what you say, Steve, and I would add that while the purchasers of these modern sportscards try and present themselves as investors and their six digit prospect cards and break slots as shrewd investments, it's much less "Gordon Gekko" or "Goldman Sachs" and much more like degenerate gambling for greedy adrenaline junkies. The card is no different to them than a slip from a sports book or a hand in a poker game. They hold and wait for some morsel of hype that will induce the next guy to pay more, hoping at the next hype nugget, he can find the next man to pay more. And this game continues, as Dennis Reynolds said in one great episode of Sunny in Philly, "until it just, sort of, ends."

On its face, the notion that the card of someone who never has taken a swing in the majors costs more than the cards of icons of the game, it is sheer lunacy-- it is the economics of this high stakes gambling game the participants play, the agreed-upon ante amongst them, that results in these sky high prices for these cards. Because it surely has zero to do with achievement on the field or even potential at these numbers, relative to what cards of the true greats cost.

[Robextend]

Originally Posted by clydepepper

REA


Attachment 501769

I think I'll pass on this one

I think the auction house was SCP.

[Leon]

Originally Posted by clydepepper

REA


Attachment 501769

I think I'll pass on this one

475k is a lot of money. The median home price in the US is 100k less AND you can't live in the Wagner.
.

[mrreality68]

Originally Posted by Leon

475k is a lot of money. The median home price in the US is 100k less AND you can't live in the Wagner.
.

You are right you cannot live in a wagner but once this person flips this card he can probably buy a median home or two with the profits

[Leon]

Originally Posted by mrreality68

You are right you cannot live in a wagner but once this person flips this card he can probably buy a median home or two with the profits

That's possible!
.

[DanP]

Originally Posted by clydepepper

REA


Attachment 501769

I think I'll pass on this one

Better investment?