Cards selling over 1 million dollars in 2024

[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.

[benjulmag]

Originally Posted by Snapolit1

Maybe "a fraction of" is a bit hyperbolic, but when knowlgeable people at 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.

I originally expected the BN Ruth to sell north of $10M. When I saw it, however, I changed my view and expected it to sell for about what it ended up going for. I thought the card was very tired looking. The colors were not vibrant, and it exhibit more wear than one would expect for the grade. As I recall, it also was creased. $7.2M is a hell of a lot of money and was paid in recognition of the extreme rarity/significance of the card. And I expect those with the means to pay that sum would have been willing to pay more if the card had better eye appeal.

The BN Ruth seems to be roughly paralleling the T206 Wagner in terms of price, and, depending on its condition, I would expect it to fetch in the neighborhood of what a comparatively graded T206 Wagner to fetch.

[Rhotchkiss]

Originally Posted by benjulmag

I originally expected the BN Ruth to sell north of $10M… $7.2M is a hell of a lot of money and was paid in recognition of the extreme rarity/significance of the card..

The BN Ruth, which sold for $7.2mm, was purchased two years prior for $5mm (it was all over the news), fractional shares were offered on Collectible at a $6mm valuation, and for a year the card was available on Collectible for outright purchase for $8mm - nobody bought it. I don’t know why/how people thought it would go for $10mm+, let alone $8mm+. That said, I agree Corey that $7.2mm is a ton of money, and further, an amazing price under those circumstances, representing a $2.2mm increase (almost 50%) in only two years. Phenomenal result.

[brunswickreeves]

Originally Posted by Rhotchkiss

The BN Ruth, which sold for $7.2mm, was purchased two years prior for $5mm (it was all over the news), fractional shares were offered on Collectible at a $6mm valuation, and for a year the card was available on Collectible for outright purchase for $8mm - nobody bought it. I don’t know why/how people thought it would go for $10mm+, let alone $8mm+. That said, I agree Corey that $7.2mm is a ton of money, and further, an amazing price under those circumstances, representing a $2.2mm increase (almost 50%) in only two years. Phenomenal result.

One ‘easy’ way to become a millionaire.