The trend in Wagner cards

Peter_Spaeth · #1 09-13-2023, 07:52 PM

Quote:

Originally Posted by toothcutter

I am the lucky winner of the memory lane blue wagner. I thought the card going into the auction would sell at 50k and i managed to pick it up at that price. I also own a pastel portrait Wagner SGC 5 i picked up in the heritage auction back in june. My end game is to hold onto my cards and pass them down to my boys. Looking fwd to chatting more on here.

As stated I own two 5s so I am delighted with the price, but I am curious what comps made you think going in it would go that high?

Lorewalker · #2 09-14-2023, 09:11 PM

Quote:

Originally Posted by Peter_Spaeth

As stated I own two 5s so I am delighted with the price, but I am curious what comps made you think going in it would go that high?

Maybe it was the house. Didn't PWCC do that with their clients? Probably not all that uncommon with most houses who have clients who are close with the house. Personally I would not be having chats about the value of cards I am interested in with an auction house.

Cannot say if he got a great deal or not, long or short term but he definitely set a comp and those who fear missing out will use that sale as the current benchmark. Expect to see even stronger prices paid on these for the near future.

Peter_Spaeth · #3 09-14-2023, 09:14 PM

Quote:

Originally Posted by Lorewalker

Maybe it was the house. Didn't PWCC do that with their clients? Probably not all that uncommon with most houses who have clients who are close with the house. Personally I would not be having chats about the value of cards I am interested in with an auction house.

Cannot say if he got a great deal or not, long or short term but he definitely set a comp and those who fear missing out will use that sale as the current benchmark. Expect to see even stronger prices paid on these for the near future.

Yeah I remember a guy who posted about a PSA 9 52B Musial here who was actually bragging about how he had reviewed his target price with Brent (I guess it made him seem self-important?) and lo and behold that's where it went. LOL. And not surprisingly it later was identified by Blowout as recolored. Oops.

No idea about the Wagner except still waiting to hear from the winner on what he based his expectancy of a 50K price.

Lorewalker · #4 09-14-2023, 09:24 PM

Quote:

Originally Posted by Peter_Spaeth

Yeah I remember a guy who posted about a PSA 9 52B Musial here who was actually bragging about how he had reviewed his target price with Brent (I guess it made him seem self-important?) and lo and behold that's where it went. LOL. And not surprisingly it later was identified by Blowout as recolored. Oops.

No idea about the Wagner except still waiting to hear from the winner on what he based his expectancy of a 50K price.

Based on his last post I am guessing he is not reading this thread closely (due to excitement...his word not mine). Maybe he is not here to provide answers but merely to make announcements.

Amazing, if true, on the dude with the 52B Musial. Seems a lot of PWCC's buyers trusted him to have conversations about card values.

Casey2296 · #5 09-14-2023, 09:38 PM

Always nice to see a run up in values on cards that long time collectors now have a choice to cash in or not. I've always had a sense during the run up that "investors" looked for guidance from hobby "experts" on where to invest their money for the greatest ROI, unfortunately some of those experts own an AH, which is a recipe for a conflict of interest disaster.

Peter_Spaeth · #6 09-14-2023, 09:51 PM

Quote:

Originally Posted by Casey2296

Always nice to see a run up in values on cards that long time collectors now have a choice to cash in or not. I've always had a sense during the run up that "investors" looked for guidance from hobby "experts" on where to invest their money for the greatest ROI, unfortunately some of those experts own an AH, which is a recipe for a conflict of interest disaster.

This hobby is a walking conflict of interest. Starting with owners and employees submitting their own cards for grading, and it goes from there. Just how it is. Stuff.... oh I need not say it again.

RCMcKenzie · #7 09-14-2023, 10:11 PM

I don't see where he posted anything unusual. He said "Hey, gang, I bought this card." like everyone else does.

Casey2296 · #8 09-14-2023, 10:15 PM

Quote:

Originally Posted by Peter_Spaeth

This hobby is a walking conflict of interest. Starting with owners and employees submitting their own cards for grading, and it goes from there. Just how it is. Stuff.... oh I need not say it again.

Which always leads me back to the collector/investor dichotomy, I don't know the first thing about investing in cards, my gig is real estate, I do know exactly what I want to collect for my PC with no regard to investing.

Peter_Spaeth · #9 09-14-2023, 09:50 PM

Quote:

Originally Posted by Lorewalker

Based on his last post I am guessing he is not reading this thread closely (due to excitement...his word not mine). Maybe he is not here to provide answers but merely to make announcements.

Amazing, if true, on the dude with the 52B Musial. Seems a lot of PWCC's buyers trusted him to have conversations about card values.

The guy just came on here like he was so cool. A big shot. (The Musial guy)

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