Ken Kendrick Talks About His Altered Wagner

[Beercan collector]

Originally Posted by oldjudge

So let me get this straight, after Ken purchased the card and the trimming history came out in the Mastro trial David Hall called Ken and offered to refund to him the $2.8 million he paid because PSA had failed to notice that the card was trimmed. But, in a recent podcast David Hall says that the card was agreed by him and his graders to have not been trimmed. What am I missing?

+1 ... also if he accepted the offer would PSA deactivate it and regrade as authentic ?

[BobbyVCP]

Woulda-Coulda-Shoulda

PSA would love to get it for 2.8
guessing it is now worth in the area of 30-40 million

I think even if it was changed from a PSA 8 to Authentic Trimmed
it would still retain the same value...the pedigree alone and history of this one
card.

[Peter_Spaeth]

Originally Posted by BobbyVCP

Woulda-Coulda-Shoulda

PSA would love to get it for 2.8
guessing it is now worth in the area of 30-40 million

I think even if it was changed from a PSA 8 to Authentic Trimmed
it would still retain the same value...the pedigree alone and history of this one
card.

Agreed. At this point the flip is irrelevant.

[mrreality68]

Wow the inside story

Cool video

Thanks for sharing

[ajjohnsonsoxfan]

Great Video. Just a stunning card and collection. With extra love to the PSA 9 Cobb and JJ CJ's in the video. Good lord.

p.s. I don't mind Geoff Wilson. I appreciate his enthusiasm for the hobby.

[Tomi]

Originally Posted by ajjohnsonsoxfan

Great Video. Just a stunning card and collection. With extra love to the PSA 9 Cobb and JJ CJ's in the video. Good lord.

p.s. I don't mind Geoff Wilson. I appreciate his enthusiasm for the hobby.

Enthusiasm is one thing, but putting out videos telling people (especially kids) who to invest in while he has lost millions with his investments is very irresponsible.

[Peter_Spaeth]

Originally Posted by Tomi

Enthusiasm is one thing, but putting out videos telling people (especially kids) who to invest in while he has lost millions with his investments is very irresponsible.

Is Gary Vee still out there?

[Pat R]

There are so many stories about the card. What I found very intriguing is what Kendrick said he and the private investigator that he hired found in tracking the history of the card.

Alan Ray has never said who he got the card from but Kendrick said it belonged to a couple in Palm Beach Florida and it was in a shoe box with 30 other cards and after the husband passed away the wife was going to throw the cards out but an emplyee said that he wanted them and that employee was a relative of Alan Ray.

On the other hand Bill Mastro said that there were hundreds of other cards that were with the Wagner when he purchased it but who knows with him in his interview with Brian Gray he also said that his grandmother found a wagner in a shoebox that she had which I find very hard to believe.

[jchcollins]

Originally Posted by Tomi

Enthusiasm is one thing, but putting out videos telling people (especially kids) who to invest in while he has lost millions with his investments is very irresponsible.

Totally agreed. I've tried, but it's hard to not see Wilson as a bit of a slimeball. His previous "investments" that are all on the ocean floor right now with the Titanic somehow seem to get conveniently ignored. Maybe he does some good somewhere in other spheres, but from what I've seen when the videos get specific - he is painfully unfamiliar with most vintage cards, and on the other side from what I can tell his stuff seems to be mostly all about money.

[Snowman]

Originally Posted by Peter_Spaeth

Agreed. At this point the flip is irrelevant.

Not a chance in hell. It would absolutely plummet in value. Certainly not to the level of other authentic or low grade copies, but it would almost certainly fall to where high eye appeal altered cards typically land, which is usually about the price of a PSA 4.

[benjulmag]

Originally Posted by Snowman

Not a chance in hell. It would absolutely plummet in value. Certainly not to the level of other authentic or low grade copies, but it would almost certainly fall to where high eye appeal altered cards typically land, which is usually about the price of a PSA 4.

+1

[raulus]

Originally Posted by Snowman

Not a chance in hell. It would absolutely plummet in value. Certainly not to the level of other authentic or low grade copies, but it would almost certainly fall to where high eye appeal altered cards typically land, which is usually about the price of a PSA 4.

I think it depends on how strongly the connection is between this being THE WAGNER, and it being in a PSA 8 holder.

Certainly this card has some crazy notoriety that eclipses the flip.

But once you divorce the card from the flip, is it still the same card? While the cardboard purists and grading naysayers among us will definitely suggest that it’s the same card with or without the flip, I’m not convinced that there isn’t some diminution in value due to reduced cachet and recognizability if the flip is removed.

A there’s no question that for the set registry goons out there, the flip makes a difference, even for THE WAGNER.

[Peter_Spaeth]

Originally Posted by Snowman

Not a chance in hell. It would absolutely plummet in value. Certainly not to the level of other authentic or low grade copies, but it would almost certainly fall to where high eye appeal altered cards typically land, which is usually about the price of a PSA 4.

I disagree. The value is all in the notoriety and historical significance at this point. it's the most famous card in the hobby. It had a book written about it. Everyone knows it's sheet cut and then cut again. Well, maybe not the sheet cut part, but the second cut for sure. Who cares that the flip says 8?

[samosa4u]

I'm very surprised that Ken's collection has almost no diversity. The only non-baseball cards I see are George Mikan, Michael Jordan and Bronko Nagurski. Where the heck is everyone else ?? What about the rookies of Wilt Chamberlain, Bill Russell, Kareem Abdul-Jabbar and Julius Erving ?? What about Johnny Unitas, Jim Brown, Bart Starr, Paul Hornung and Joe Namath ? What about Gordie Howe, Bobby Orr and Wayne Gretzky ?? I could go on and on here ... I know baseball cards are king, but still, for him to just pass over all those guys I mentioned ... very surprising. I would take a MINT Wilt over most of those baseball players.

[Lucas00]

Originally Posted by samosa4u

I'm very surprised that Ken's collection has almost no diversity. The only non-baseball cards I see are George Mikan, Michael Jordan and Bronko Nagurski. Where the heck is everyone else ?? What about the rookies of Wilt Chamberlain, Bill Russell, Kareem Abdul-Jabbar and Julius Erving ?? What about Johnny Unitas, Jim Brown, Bart Starr, Paul Hornung and Joe Namath ? What about Gordie Howe, Bobby Orr and Wayne Gretzky ?? I could go on and on here ... I know baseball cards are king, but still, for him to just pass over all those guys I mentioned ... very surprising. I would take a MINT Wilt over most of those baseball players.

Many vintage collectors exclusively collect baseball and have zero interest in other sports. I am one of those people for example.