Poll - The Stock Market and Vintage Sales

[OhioLawyerF5]

Originally Posted by Tyruscobb

I completely disagree. Individuals should curtail their spending and card budgets to further amass stock market money. This downturn is an opportunity…at least at some point. The stock market has minted more millionaires than baseball cards.

Only if you are investing in cards. For collectors that doesn't matter.
Regardless of the market, if you are looking to invest, the stock market is better than cards. But if you have money for a hobby, investment isn't really the consideration.

[Exhibitman]

The Love of the Game results also were very strong; Al runs a helluva auction. I whiffed on every lot I was chasing and in most cases it wasn't close. Would've loved to get that Jackie Robinson ca. 1947 snapshot but at $4400+, my ceiling was more of a floor.

[ruth-gehrig]

Originally Posted by Exhibitman

The Love of the Game results also were very strong; Al runs a helluva auction. I whiffed on every lot I was chasing and in most cases it wasn't close. Would've loved to get that Jackie Robinson ca. 1947 snapshot but at $4400+, my ceiling was more of a floor.

That was an awesome photo!!
The seller of the 1915 Ruth Team photo did well! Bought Summer 2023 LOTG $6k and sold last night for $140,000.

[oldjudge]

What did the write-up say in 2023? This is like that WWG DiMaggio in Goldin --amazing realization change.

[oldjudge]

Adam--Looking at 19th century material the LOTG realizations were so so at best. Old Judges did OK for the most part but some of the rest did very poorly relative to past realizations.

[ruth-gehrig]

Originally Posted by oldjudge

What did the write-up say in 2023? This is like that WWG DiMaggio in Goldin --amazing realization change.

Well in 2023 it seems PSA labeled it a Type 3. It's now a Type 1

[oldjudge]

Again a grading company change results in a radically higher price. How could PSA go from a type 3 to a type 1 in their evaluation? I know nothing about photos but if graders can't tell the difference between a type 3 and a type 1 why would collectors pay such a premium for the latter?

[raulus]

Originally Posted by ruth-gehrig

Well in 2023 it seems PSA labeled it a Type 3. It's now a Type 1

I guess that explains the meteoric rise in a couple of years.

[Peter_Spaeth]

There is an explanation in the auction itself.

Please note: this very example previously sold in our Summer, 2023 Premier Auction and was encapsulated as a Type III photo at that time. Over one year later a second example of this photo, with identical embedded editing, surfaced in the hobby which PSA determined to be a Type I photo. That photo ultimately sold elsewhere in September, 2024 in excess of $85,000. PSA then updated their opinion on the offered example, determining the embedded editing within both images is, in fact, a result of application to the original negative itself and not present due to use of a copy negative. A full LOA from PSA is included with this photo noting the critical distinction.