Same SGC 7 Mantle Sold 4 times in 15 months

[Casey2296]

Originally Posted by Rhotchkiss

Phil, here are VCP results for the 1914 CJ Cobb in a PSA 4. Aside from the last sale, it has been a steady increase over time (I have also included a pick of the price graph). The very pretty PSA 4 example in LOTG is currently at $36k with BP with 10 days to go.

Some things to note about these results: (1) they are ALL auctions, which I personally view as more legit/reliable that BIN, (2) you can’t see from the picture, but other than the last sale and a 2017 sale (both Probstein - EBay), every single sale from auction houses, which I feel are more legit/reliable than Ebay, and (3) the picture shows 11 sales over a 13 year period - less than 1/year and only twice was the same card sold within 2 years of its last sale (the final Probstein sale is one of them).

Based on all this, I view these comps as legit and I see a healthy and steady trend of increased value. This is the exact type of card I like to collect/invest in - not too common, very desirable (player, issue, image), and steady and verifiable history of value increase. I expect the LOTG Cobb will finish above the 2022 comp.

Regarding that 2022 comp and the fact that it sold for $9k less than the prior sale - it’s the same exact card that was sold in REA for $58k a year before. I think REA is a better venue to sell this card, it was just sold, and the market may have topped from its 2021 high when sold by REA. The fact that it sold for less, in an eBay auction, also indicates to me that the Probstein auction was legit and without shilling

Thanks for the breakdown Ryan, I also see this card as a health of the hobby indicator with all the right combinations. Fun to own and a good investment at the same time.
I think the LOTG example has a chance to beat the 2021 REA comp.