Posted By:
Ted ZanidakisPAUL
I'm fully in agreement with your "tons" statement. I think I've underestimated the number of sets
out there in the 500-518 card category. And, especially nowadays....since, Demmitt and O'Hara
have become really "big ticket" items.
JIM B
Taking off from my response to Paul's comments, you and I and others (back in the good ole days)
picked up Demmitt and O'Hara, and even Magie, prior to reaching 500+ T206's simply because these
"biggies" were affordable. In the 1980's I acquired a decent Demmitt for only $200. Same goes for
my 1st O'Hara. And, my Magie (Vg) was only $600. I was about half the way thru my 1st set when
I acquired these cards.
This is not the case nowadays.
Now, I am not a big time dealer; but, the past several years I have sold 2-Demmitt's and 2-O'Hara's
at the Philly Show. And, in all 4 instances the buyers (four different) needed them to complete their
520 or 521 card sets. Actually, the last one had a Plank so it was a 522 card set.
I know you (or someone else) will say this is just anecdotal; but, I have compared notes with other
dealers and they said that 9 out of 10 times this is true. And, usually what reinforces this, is that
the buyer doesn't even haggle on the price. People are willing to pay whatever it takes to get that
last card for their T206 set that they have been searching for.
Therefore Jim, my 75% figure on these two "St Louis toughies" might actually be on the low side. I
leave you to consider this....at the current prices for Ex (or better) examples of these two Subjects,
are they a good investment ?
I don't think so, there are not too many Demmitt and O'Hara's that are "standing alone" in investor's
portfolios.
TED Z