Old Cardboard and Legendary

[barrysloate]

Doug has been a big Cubs collector for a long time so I don't think I am revealing any big secret here.

It is a good auction but I am surprised at how low the T208's are. Remember a common sold in the live July auction for $20,400. Most of them are currently $500 or less as of today. Sure they will have a lot of activity the last night, but the 20K price was clearly an aberration.

[Matt]

Originally Posted by barrysloate

It is a good auction but I am surprised at how low the T208's are. Remember a common sold in the live July auction for $20,400. Most of them are currently $500 or less as of today. Sure they will have a lot of activity the last night, but the 20K price was clearly an aberration.

I'm not sure it was an aberration; it seems to me that it may just be reflective of the supply/demand at the time vs now. If they had listed only 1 now, it might get close to those heights as well. Or, it might have been an aberration...

[barrysloate]

No doubt the supply has drastically changed the perception. The one in July was the first one offered in about five years. Now between Legendary and REA we have 33 on the block. And we will almost certainly never see this kind of supply again.