T206 Set in Mile High

[babraham]

Originally Posted by JimC

Speaking of strong, how bout that Doyle?

Right!?

And the Charlie Sheen Wagner and the PSA Auth Plank.
Great auction for a T206 fan.
It was fun to watch at least, since I'm certainly not a bidder at those prices.

[Rhotchkiss]

I have a spreadsheet I created about 5 years ago that I use for every auction. This spreadsheet tracks the current price and next bid of cards I want in active auctions and also estimates/values what I think the card is “worth”. I prioritize, using colors, the “must haves” (bold green) and the “really wants” (lighter green) from the balance of the cards I am following on the spreadsheet. As the auction goes on, I color code each card on the spreadsheet - green means under priced, blue means within 10% (higher or lower) of my estimated value, and red means more than 10% of my estimated value. The idea is that I should go after the cards I have highlighted in green, whose values are reflected in green or blue; this would ensure that I don’t overpay.

Well, in the last two years, a few things have happened: (1) almost every card becomes red and sells for 10%+ more than I valued it, and (2) I no longer look for well-priced cards, but rather just chase the ones I really want no matter price, unless/until they get stupid expensive and I walk.

My point is, I used to be pretty good at valuing cards. In the last two years, however, I have not been good at all!! I got lucky valuing the t206 set- it is a rare time an old method worked in this crazy market!

Honestly, I am not surprised by the Wagner or Plank. Wagner will only continue to go up - it is the ultimate trading card and it transcends the hobby. The Doyle, which is beyond rare (I think only 9 known, and one is in a museum), is the key to a 524-card t206 set. You simply must have it if you want to complete the most iconic trading card set of all time.

The Plank, however…. Wow!!! Looks like Plank is now a minimum $100k card. I think it deserves to be, but I am a t206 junky so biased.

T206 kicked serious butt last night and Brian/Mile High should be very proud bc they just shattered records for t206

[mrreality68]

Originally Posted by Rhotchkiss

I have a spreadsheet I created about 5 years ago that I use for every auction. This spreadsheet tracks the current price and next bid of cards I want in active auctions and also estimates/values what I think the card is “worth”. I prioritize, using colors, the “must haves” (bold green) and the “really wants” (lighter green) from the balance of the cards I am following on the spreadsheet. As the auction goes on, I color code each card on the spreadsheet - green means under priced, blue means within 10% (higher or lower) of my estimated value, and red means more than 10% of my estimated value. The idea is that I should go after the cards I have highlighted in green, whose values are reflected in green or blue; this would ensure that I don’t overpay.

Well, in the last two years, a few things have happened: (1) almost every card becomes red and sells for 10%+ more than I valued it, and (2) I no longer look for well-priced cards, but rather just chase the ones I really want no matter price, unless/until they get stupid expensive and I walk.

My point is, I used to be pretty good at valuing cards. In the last two years, however, I have not been good at all!! I got lucky valuing the t206 set- it is a rare time an old method worked in this crazy market!

Honestly, I am not surprised by the Wagner or Plank. Wagner will only continue to go up - it is the ultimate trading card and it transcends the hobby. The Doyle, which is beyond rare (I think only 9 known, and one is in a museum), is the key to a 524-card t206 set. You simply must have it if you want to complete the most iconic trading card set of all time.

The Plank, however…. Wow!!! Looks like Plank is now a minimum $100k card. I think it deserves to be, but I am a t206 junky so biased.

T206 kicked serious butt last night and Brian/Mile High should be very proud bc they just shattered records for t206

well said and those were super strong prices at the auction even the 1915 CJ Joe Jackson 3 going for over $75K. Thought those types of prices were only for the 1914's.

[chriskim]

Cant wait to see the 3rd t206 "player" that reach $1M mark. It should either be a high grade Plank or Ty Cobb back.

[rats60]

Originally Posted by chriskim

Cant wait to see the 3rd t206 "player" that reach $1M mark. It should either be a high grade Plank or Ty Cobb back.

Didn't one of the Lucky 7 Cobb back cards sell for over a million dollars?

[babraham]

Originally Posted by mrreality68

well said and those were super strong prices at the auction even the 1915 CJ Joe Jackson 3 going for over $75K. Thought those types of prices were only for the 1914's.

Yes, I was going to say the same thing. I was bidding on the CJ Jackson but then it went way high in extended bidding.

[Leon]

Originally Posted by babraham

Yes, I was going to say the same thing. I was bidding on the CJ Jackson but then it went way high in extended bidding.

Everything went high! It's hard to pay 4k for something when 3 yrs ago it was 500 dollars....
.