Insane Babe Ruth card on Ebay

[carlsonjok]

Originally Posted by Leon

A lot of prognosticator's didn't quite hit the mark. It has to be a 100k card!

[ejharrington]

I just don't understand how one can expect to profit on a quick flip when there is typically a 20% buyer's premium?

[Carter08]

Originally Posted by ejharrington

I just don't understand how one can expect to profit on a quick flip when there is typically a 20% buyer's premium?

Agreed. But I think the thought was get it in a slab and get it to a proper auction house and there will be a profit. If crypto hadn’t crashed in the meantime it might have worked.

[Rhotchkiss]

Originally Posted by Carter08

If crypto hadn’t crashed in the meantime it might have worked.

I may be wrong, but I dont think the buyers of an Uncle Jack's Ruth are the same as the Crypto Crowd. My guess is that the Ruth Uncle Jack's crowd is comprised of older and wealthier buyers, rather than younger and richer, which Ruth buyers are more likely impacted by rising interest rates and falling stock and bond values, rather than the value of crypto and blockchain-related issues.

I am not saying the general economy is not a factor contributing to Snowman shitting the bed on his "bet", but I doubt crypo has much to do with it, and I doubt it will have much to do with the fall *and rise) of prewar cards.

Ryan Hotchkiss

[bnorth]

Originally Posted by Rhotchkiss

I may be wrong, but I dont think the buyers of an Uncle Jack's Ruth are the same as the Crypto Crowd. My guess is that the Ruth Uncle Jack's crowd is comprised of older and wealthier buyers, rather than younger and richer, which Ruth buyers are more likely impacted by rising interest rates and falling stock and bond values, rather than the value of crypto and blockchain-related issues.

I am not saying the general economy is not a factor contributing to Snowman shitting the bed on his "bet", but I doubt crypo has much to do with it, and I doubt it will have much to do with the fall *and rise) of prewar cards.

Ryan Hotchkiss

Maybe he got his funds straightened out with the much longer time the card was listed at the AH and won it.

[G1911]

This is hilarious. Hopefully he got his money straight and was able to purchase this for less than half its “value”.

[Republicaninmass]

Originally Posted by G1911

This is hilarious. Hopefully he got his money straight and was able to purchase this for less than half its “value”.

There really should be a "like" button!

Simply the best