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  #1  
Old 08-27-2022, 09:13 PM
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here2havefun here2havefun is offline
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Just blew past 10mil. It's seemingly getting a new bid every minute.
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  #2  
Old 08-27-2022, 09:16 PM
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Quote:
Originally Posted by here2havefun View Post
Just blew past 10mil. It's seemingly getting a new bid every minute.
Should be interesting
Would love to know who all the bidders were
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  #3  
Old 08-27-2022, 09:50 PM
babraham babraham is offline
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Definitely slowed down now, but next bid would put it over $11m.
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  #4  
Old 08-27-2022, 10:01 PM
chriskim chriskim is offline
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Quote:
Originally Posted by mrreality68 View Post
Should be interesting
Would love to know who all the bidders were
I was one of them.
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  #5  
Old 08-27-2022, 10:07 PM
chriskim chriskim is offline
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It is very interesting that big auction with key card like this ends on the day after stock market/crypto crashes. Pretty sure more or less would affect the final price.

Last time the LeBron triple logoman (est. $5Mil) card also ended a few days after crypto crashes (BTC drops below $20K and ETH drops to $9xx)
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  #6  
Old 08-27-2022, 11:29 PM
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Ended at 12.6mil, after BP
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  #7  
Old 08-28-2022, 12:40 AM
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$12,600,000 including buyers' premium.

Actual high bid was $10,500,000 so it definitely is a true $10 million card.

If the final actual bid was, say, $9,000,000 and only broke the $10 million barrier once the buyers' premium was added, would it still be seen as a "legitimate" $10 million card?
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Last edited by Gary Dunaier; 08-28-2022 at 12:42 AM.
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  #8  
Old 08-28-2022, 01:52 AM
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Rhotchkiss Rhotchkiss is offline
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Quote:
Originally Posted by Gary Dunaier View Post
$12,600,000 including buyers' premium.

Actual high bid was $10,500,000 so it definitely is a true $10 million card.

If the final actual bid was, say, $9,000,000 and only broke the $10 million barrier once the buyers' premium was added, would it still be seen as a "legitimate" $10 million card?
Yes. Buyer’s premium is 1000% part of the price.

Also, I don’t think the stock or crypto market impacted the high-bidder’s ability/desire to buy this card. A 52 Mantle is very different from some Logoman card, and $3mm is much different from 11mm+. The winner, and underbidders, on this card have money completely untied/not related-dependent on the stock or crypto market

Last edited by Rhotchkiss; 08-28-2022 at 02:20 AM.
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  #9  
Old 08-28-2022, 11:04 AM
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Lorewalker Lorewalker is offline
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Quote:
Originally Posted by Gary Dunaier View Post
$12,600,000 including buyers' premium.

Actual high bid was $10,500,000 so it definitely is a true $10 million card.

If the final actual bid was, say, $9,000,000 and only broke the $10 million barrier once the buyers' premium was added, would it still be seen as a "legitimate" $10 million card?
Let's not forget the sales tax too, unless they are exempt. Whatever was paid by the buyer, out the door, is what the card sold for. Shipping, buyer's premium and sales tax, imo, are all part of the cost.
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  #10  
Old 08-28-2022, 09:22 AM
Hankphenom Hankphenom is offline
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Quote:
Originally Posted by here2havefun View Post
Ended at 12.6mil, after BP
I'm sorry, but that's just nuts. I don't care if it goes for $20M tomorrow, that would just be even more nuts. You can say all you want about the market speaking, etc., but this looks more to me like a market out of control. Tulips in Hollland, subprime mortgages, anyone? It does happen.
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  #11  
Old 08-28-2022, 09:35 AM
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Quote:
Originally Posted by Hankphenom View Post
I'm sorry, but that's just nuts. I don't care if it goes for $20M tomorrow, that would just be even more nuts. You can say all you want about the market speaking, etc., but this looks more to me like a market out of control. Tulips in Hollland, subprime mortgages, anyone? It does happen.
I tend to agree
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  #12  
Old 08-28-2022, 10:19 AM
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Quote:
Originally Posted by Hankphenom View Post
I'm sorry, but that's just nuts. I don't care if it goes for $20M tomorrow, that would just be even more nuts. You can say all you want about the market speaking, etc., but this looks more to me like a market out of control. Tulips in Hollland, subprime mortgages, anyone? It does happen.
According to these articles, the hobby is still red hot.
I haven't been playing close enough attention lately to say one way or another if that is true but this sale certainly isn't going to hurt the hobby any, imo.
https://www.kiro7.com/news/mickey-ma...U6FPF7XPMDMNI/
https://people.com/sports/mickey-man...uction-record/
https://www.forbes.com/sites/carliep...h=43af77fa3be2
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