Cards selling over 1 million dollars in 2024

[oldjudge]

If I am not mistaken a PSA 7 Ruth rookie has sold for over $2 million. The last PSA 4 Famous and Barr Ruth sold for about 3/4 million with tax so I would imagine that a nice PSA 5 might eclipse that barrier.
That said, I agree with Ryan; I don’t see many vintage baseball cards of that quality coming to auction in any particular year. I would guess that in 2024 five or less baseball cards eclipse that level.

[oldjudge]

HA a has a $1 million estimate on the PSA 6 1915 RED SOX team real photo postcard with Ruth that is in their February auction. Perhaps that will be the first vintage baseball card to break that barrier in 2024. I’m sure if it does it will shatter the record for the most expensive postcard ever.

[Snapolit1]

Originally Posted by oldjudge

HA a has a $1 million estimate on the PSA 6 1915 RED SOX team real photo postcard with Ruth that is in their February auction. Perhaps that will be the first vintage baseball card to break that barrier in 2024. I’m sure if it does it will shatter the record for the most expensive postcard ever.

A noticed a few estimates in the upcoming Heritage sale that seem, ah hem . . . mighty generous. The days of "we will state a $10,000-$15,000 estimate because we know it will actually sell for $50,000+ . . ." seem long ago and far away. Now it seems we will state a very strong estimate with fingers and toes crossed.

We just had one very high profile amazing card clock in at a fraction of what the owner was predicting. I suspect we will see more.

[robertsmithnocure]

Originally Posted by Snapolit1

A noticed a few estimates in the upcoming Heritage sale that seem, ah hem . . . mighty generous. The days of "we will state a $10,000-$15,000 estimate because we know it will actually sell for $50,000+ . . ." seem long ago and far away. Now it seems we will state a very strong estimate with fingers and toes crossed.

We just had one very high profile amazing card clock in at a fraction of what the owner was predicting. I suspect we will see more.

I agree about a couple of the Heritage estimates.

Out of curiosity, what was the recent high profile card that sold for a fraction of its prediction?

[ValKehl]

Originally Posted by robertsmithnocure

I agree about a couple of the Heritage estimates.

Out of curiosity, what was the recent high profile card that sold for a fraction of its prediction?

Rob, I believe this is the card: https://robertedwardauctions.com/auc...eum-provenance

[Fred]

Originally Posted by ValKehl

Rob, I believe this is the card: https://robertedwardauctions.com/auc...eum-provenance

What were the projections/predictions for the BN Ruth? $7.2M is a fraction of something. If the card was supposed to sell north of $30M, then the $7.2M would seem a fraction of that amount.

When I see a card commanding $7.2M, in my mind it means it's a very desirable card.

I kind of look at it is a a sign that either the tide is turning on mega$-cards or the investing side of the community didn't agree this is one of those cards that is worth chasing.

Personally, I think it's a great card. I mean a frigging Ruth card from 1914 (sorry, I just can't bring myself to say "rookie" card).

What still blows my mind is that people were paying north of $1M for new modern 1/1 cards. That I'll never understand. Does anyone think that trend will continue? What are people's thoughts about how much those 1/1 cards that were fetching 6 digits would now bring at auction today?

[Gary Dunaier]

Originally Posted by Fred

What still blows my mind is that people were paying north of $1M for new modern 1/1 cards. That I'll never understand. Does anyone think that trend will continue? What are people's thoughts about how much those 1/1 cards that were fetching 6 digits would now bring at auction today?

I still remember it was big news when the 2010 Stephen Strasburg Bowman Chrome Superfractor 1-of-1 sold for $16,000 before Strasburg had even made his Major League Debut... and the guy who bought it sold it for $21,000 a month later! (What's that card worth now?)

[robertsmithnocure]

Originally Posted by ValKehl

Rob, I believe this is the card: https://robertedwardauctions.com/auc...eum-provenance

Thank you.

[Snapolit1]

Maybe "a fraction of" is a bit hyperbolic, but when knowlgeable people estimate $10-12 mil and sells for $7 mil . . . .that's quite a bit of a disconnect.

And, sure, I wish it was my card that sold for $7,000,000. I'd be done working tomorrow.