Health of Asset Class - Over/Under 1955 Topps Koufax PSA 9

[Fuddjcal]

Originally Posted by Rhotchkiss

Good question Jim. Honestly, I am not sure. My knee jerk reaction is that the REA 9 should negatively impact the Goldin one, but who knows - maybe people hold off on the REA one knowing they have a second bite on the Goldin one. In my experience, the second one usually goes for less than the first. That said, the cards I bid on are usually much rarer than a 55 Koufax, even in a 9, and they are less “commodity cards”, meaning a thinner overall audience. As a result, by eliminating the winner from the first one, there is usually less competition on the next one and it goes for less.

A great example of this is the t206 Speaker Drum. In May of 2021, Heritage auctioned off a PSA 1 t206 Speaker Drum. I won it for $31,200. Three months later REA auctions another, arguably nicer, PSA 1 t206 Speaker Drum and Luke stole it for $24,600! That is almost certainly because I was not a bidder, having already just “won” one. As an aside, I think there are only 3-5 Speaker Drums, compared to the 25+ psa 9/10 Koufax.

BTW- I am not a player for either Koufax.

surprised you didn't bid on that one too but you make excellent points. I always appreciate your insight, Thanks.