T216 Ty Cobb - value or value trap

[Leon]

Demand is king over rarity.
As a collector who focuses on rare stuff, it's not the most financially rewarding, but it's a lot of fun.
.

[Rhotchkiss]

Originally Posted by Leon

Demand is king over rarity.
As a collector who focuses on rare stuff, it's not the most financially rewarding, but it's a lot of fun.
.

Agree 100%. There aren’t that many people out there who want to spend big bucks on a high grade t216 (issued from 1911-16), when you can easily get the same pose with a different back and a lower grade. The T216 posted has two rarities: (1) the back, and (2) the high grade. Two+ people bid on it at the end, it could go through the roof. Only one real bidder and it flops; not that $16k is a flop per se (it’s a ton of money for a card).

All that said, the comp posted is from November 2020. I suspect this card sells for well above (maybe $30k++) in today’s world

[joshuanip]

Originally Posted by Rhotchkiss

Agree 100%. There aren’t that many people out there who want to spend big bucks on a high grade t216 (issued from 1911-16), when you can easily get the same pose with a different back and a lower grade. The T216 posted has two rarities: (1) the back, and (2) the high grade. Two+ people bid on it at the end, it could go through the roof. Only one real bidder and it flops; not that $16k is a flop per se (it’s a ton of money for a card).

All that said, the comp posted is from November 2020. I suspect this card sells for well above (maybe $30k++) in today’s world

Ryan you make a great point, two bidders making a market can create wacky results. Cards like these aren’t for returns, but definitely fun for white whale chasing. Especially if it’s so obscure, the prices are still reasonable.

[Aquarian Sports Cards]

Originally Posted by joshuanip

two bidders making a market can create wacky results.

Better than one bidder and an artificially reached reserve...

[Leon]

Lol....

Originally Posted by aquarian sports cards

better than one bidder and an artificially reached reserve...