The trend in Wagner cards

[RCMcKenzie]

REA results for m116 Wagner blue 2017 SGC 20 $2400, 2018 SGC 40 $3600.

Why has it gone up 10 fold?

[Peter_Spaeth]

Originally Posted by RCMcKenzie

REA results for m116 Wagner blue 2017 SGC 20 $2400, 2018 SGC 40 $3600.

Why has it gone up 10 fold?

10x would only be 36K but the PSA 3 just sold 53K, so 15x. Several posts above have offered explanations, but it's still hard for me to fathom.

[Lorewalker]

Originally Posted by Peter_Spaeth

10x would only be 36K but the PSA 3 just sold 53K, so 15x. Several posts above have offered explanations, but it's still hard for me to fathom.

Feels more to me like a fear of missing out.

[Peter_Spaeth]

Originally Posted by Lorewalker

Feels more to me like a fear of missing out.

Perhaps, but I think a card still has to start moving a lot before that fear kicks in and then it feeds on itself?

[Lorewalker]

Originally Posted by Peter_Spaeth

Perhaps, but I think a card still has to start moving a lot before that fear kicks in and then it feeds on itself?

When a card that has had a relatively stable price all of the sudden jumps, it could at first be due to another factor but after a sale or two it will catch the eye of other collectors who will want to get in on the ride, imo and fear missing out. What made the first persons (since it supposedly takes at least 2 real bidders) bid more might not be why the next interested parties are bidding even more he next time the card is offered.

[RCMcKenzie]

REA result for m116 Cobb blue SGC 45 in 2018 was $3300. Cobb and Wagner used to be about the same price.

Is Wagner now thought to be much better than Cobb? I used to collect the set, and still have a Cobb pastel, and was wanting to trade it in for an Audi SUV.

[Yoda]

Originally Posted by RCMcKenzie

REA result for m116 Cobb blue SGC 45 in 2018 was $3300. Cobb and Wagner used to be about the same price.

Is Wagner now thought to be much better than Cobb? I used to collect the set, and still have a Cobb pastel, and was wanting to trade it in for an Audi SUV.

Rob, I was the winner of the M116 Cobb in REA's auction and felt I got it a good price. Subsequently, at this year's National I traded it for a PSA4 T206 Cobb bat off plus some cash off to complete the 4 poses. it is only in the past several years that Wags has outshone Tyrus, and I wonder with all the hype and publicity about his T206 in recent years if any Wags card bearing a like image will fetch big bucks. Think the E90-2 and Tip Top cards which have been on a roll. I would love the Sporting Life Wagner but it is now out of my range at current auction levels.
The only Wags cards held at the moment are his E92 Dockman, E95 and a trimmed, autographed Goudey Premium.
I have always found it interesting that the Ruth '48 Leaf sells for big bucks while Hans is very reasonable, if not cheap. Obviously, both are long past their playing days.
My Wags grail card is his E94.

[Rhotchkiss]

My gut is that most people buying these Wagners have the money to do so. They are not buying with borrowed-money and they are not hoping to quickly flip. If thats correct, it would create a floor to any loss in value, as its less likely a mass dumping of Wagner cards will occur by those who recently bought them.

I am not sure how much higher they could go (although I suspect there is still room yet to run), but I do think their new values are here to stay.

[jsfriedm]

Very happy I picked up mine when I did. It wasn't something I was looking for, but I got it on a whim at what is probably a fraction of what it would go for today. I know it's not a portrait, but I always prefer "action" shots anyway:

[Leon]

Originally Posted by jsfriedm

Very happy I picked up mine when I did. It wasn't something I was looking for, but I got it on a whim at what is probably a fraction of what it would go for today. I know it's not a portrait, but I always prefer "action" shots anyway:

Love those big borders. I like action and portraits. Great card. (and awesome stuff above!!)
.

[Popcorn]

With grading is the t206 wags still king? Or would the psa 10 52 MM get a higher hammer $

[brunswickreeves]

Originally Posted by Popcorn

With grading is the t206 wags still king? Or would the psa 10 52 MM get a higher hammer $

This is one of the great unsolved mysteries in card collecting, both of which transcend it. Pre war vs. post war. The two most iconic and recognizable cornerstone cards know to the general public. A logical case can be made for either card. They might have the potential to be $100MM in their highest grade.

[brunswickreeves]

Originally Posted by Rhotchkiss

My gut is that most people buying these Wagners have the money to do so. They are not buying with borrowed-money and they are not hoping to quickly flip. If thats correct, it would create a floor to any loss in value, as its less likely a mass dumping of Wagner cards will occur by those who recently bought them.

I am not sure how much higher they could go (although I suspect there is still room yet to run), but I do think their new values are here to stay.

With money saved and invested/gained during the pandemic, perhaps high wealth buyers are getting into this ‘investment vehicle’ (given the tide floats all boats concept-related to the recent $2MM Restored Wagner T206), or upgrading to nicer versions of their existing cards (eg REA’s M116 blue portrait is a VERY nice 1, with 80 bids with no end in sight currently at $25K with buyer’s premium). If buyers have doubled or tripled or more their current Wagner’s value in a year or more, they can afford to sell off what they don’t want.

[RCMcKenzie]

That would make a great sequel to Repo Man. Bring back Emilio Estevez and his brother to repo the non T206 Wagner baseball cards from folks who got behind in their payments.

Seriously it's fine that prices are going up. I need to look for the next trend. Tattoo Orbit hofers maybe.