Stahl Meyer Mickey Mantle PSA 9

[Zach Wheat]

Originally Posted by hcv123

Hi all. A paid post will be forthcoming.

Regarding the asking price:

There isn't really a fair comparison to look at - to say a PSA 8 is the same as a PSA 9 will quickly be dispelled by looking at the prices of any Mantle cards (or most other cards) that sell in PSA 8's and 9's.

This card has never been sold since graded.

I used the sale of the 1953 PSA 7 as a starting point. That card sold for $68,125.

I prepared a spread sheet looking at sales of all Topps and Bowman Mantle cards from 1951-1969 in grades of PSA 7 and PSA 9. The price multiple ranged from a low of 9X for the 1965 and a high of 162X for a recently sold 1969 White letter (A PSA 9, POP 4 card (1 PSA 10 higher), sold in December of '22 for $933K). The average multiple across the range of Topps and Bowman Mantles was 39X. There is only a single Mantle card (1956 White back) with no PSA 9 examples. Every other Topps and Bowman Mantle card had PSA 9 populations ranging from 4 (1952 Topps) to 183 (1968). All but 4 Topps and Bowman's also have PSA 10 examples, many multiple PSA 10's.

This Stahl Meyer card is a unicorn. Pop 1 highest graded and a PSA 9 of an issue where PSA 9's "shouldn't" exist. I think it is very reasonable to suggest this card should command a significantly higher multiple than any of the Topps and Bowman issues for all of the above reasons. The 2.6 million ask is at 39X (the average multiple) of the PSA 7 sale. I understand it is in an absolute sense, a lot of $$, but for the right collector, I really believe it is a relative bargain!

Good reasoning and best of luck.