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  #1  
Old 01-04-2010, 01:52 AM
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Fr@nk Jenn!ngs
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I can't believe he pulled it and relisted. Last I looked, it was around $2500.00. Although the new person has deep pockets, it doesn't appear that he is in the ballpark of what the new listing price is. Unless the person that bought the graded 3 last year for $9503 is looking for an upgrade, I don't see this selling for that price.

r/
Frank
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  #2  
Old 01-04-2010, 07:18 AM
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Michael C
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You don't come across lottery tickets that often that are winners.

If it was mine and I was forced to sell it, I would take it to a real auction house...
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  #3  
Old 01-04-2010, 07:29 AM
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Lew was wrong on the oldjudge website...there are as many Cycle Mattys as there are other Cycles. They all contain the misprint. Hoblitzell no stats is much more rare (in fact, there are several rarer cards). I have seen many Cycle backed Mattys over the years...the only thing driving the price right now is hype and collector fervor over trying to get a supposedly rare error card. I repeat, this is no rarer than any other Cycle backed card. People who are paying these prices, just need to wait...others will come around.

Just to put some more perspective on this...a large Cycle find was uncovered about five years ago...included in the find was at least two Cycle Mattys (I suspect there was three but one was a private sale). According to my notes, in the last three years since this hype started, I have seen at least 9 different Cycle Mattys sell at auction, ebay, or privately. In the same time, I have only seen two different Hoblitzell no stats sell.

I have no problem putting a premium on the card since collectors want to be completists with their sets and competition will drive the price. I feel that I would not pay that much for that particular card. Would I pay a small premium (if I did not already own one), yes, but a small premium. Not $9500.

Joshua

Last edited by Wite3; 01-04-2010 at 07:33 AM. Reason: clarification
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  #4  
Old 01-04-2010, 07:54 AM
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Jeffrey Lichtman
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The two highest bids came from zero feedback, brand new accounts. That's all you need to know about this auction.
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  #5  
Old 01-04-2010, 08:21 AM
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Default value...imo

Give this Matty-Cycle about 1-2 yrs for everyone to understand it is not rare or even scarce, and it will come back to where it should be. Maybe about "xxxx" for a nice vg-ex example. Those collectors in between now and then will lose money buying it. All imho......
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Last edited by Leon; 01-04-2010 at 09:27 AM. Reason: amended valuation as I really don't know
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  #6  
Old 01-04-2010, 08:42 AM
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Quote:
Originally Posted by Leon View Post
Give this Matty-Cycle about 1-2 yrs for everyone to understand it is not rare or even scarce, and it will come back to where it should be. Maybe about 1k or less for a nice vg-ex example. Those collectors in between now and then will lose money buying it. All imho......
It's probably equally as tough as the Wilhelm "suffered" variation which (last I checked) sells $2k+ in decent shape, and then add a kicker for it being a top tier HOFer. Rarity is all relative - it's certainly much rarer then a T205 Matty with a regular 37-11 back or a T206 O'Hara. For a T205 set collector, it's a pretty rare variation...

Again, I wish he would have sold it at major auction so all of this conjecture could be moot.

Josh - you mentioned you've seen 9 in the last 3 years; how many T205 Matty's have you seen over the same stretch with the regular 37-11 back?
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Last edited by Matt; 01-04-2010 at 08:45 AM.
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  #7  
Old 01-04-2010, 08:51 AM
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Default you're probably correct

Quote:
Originally Posted by Matt View Post
It's probably equally as tough as the Wilhelm "suffered" variation which (last I checked) sells $2k+ in decent shape, and then add a kicker for it being a top tier HOFer. Rarity is all relative - it's certainly much rarer then a T205 Matty with a regular 37-11 back or a T206 O'Hara. For a T205 set collector, it's a pretty rare variation...

Again, I wish he would have sold it at major auction so all of this conjecture could be moot.

Josh - you mentioned you've seen 9 in the last 3 years; how many T205 Matty's have you seen over the same stretch with the regular 37-11 back?
Matt- You are probably closer to me on valuation as I don't follow T205's, in particular, very much. I just checked my Matty and it's a Piedmont . I guess there is no windfall for me .
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  #8  
Old 01-04-2010, 09:25 AM
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Quote:
Originally Posted by Matt View Post
Josh - you mentioned you've seen 9 in the last 3 years; how many T205 Matty's have you seen over the same stretch with the regular 37-11 back?
About the same as those without a Cycle back.
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  #9  
Old 01-04-2010, 07:25 AM
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I wish the guy would have let the auction run (or at least sent it to major auction as Andrew suggested) so we can put an end to the "how much should it be worth" discussions on this card since the Lipsett sale seems not to be trusted due to the mis-information in the listing (it's not the rarest T205 variation; Hobby no stats is rarer).

The guy did already have 4 bids over $2500 so we know the market doesn't agree with the philosophy that it should be valued like any similar print HOFer with a Cycle back. That's not really surprising considering the precedent of cards like DeMitt, O'Hara and Wilhelm which are valued well above what they "should" be if looking only at populations, as collectors have always placed a premium on these textual variations.

Disclaimer: I own one of these. Heck - if his sells for $9500+ mine will be next for sale
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