REA: 4 Planks & 5 Magies

[M's_Fan]

Originally Posted by 100backstroke

Jeesh, go figure. Only thing I can come up with is this hobby is driven primarily by Demand, demand, demand. Not supply.

Well, its actually both supply and demand. The T206 is probably the most popular pre-war set, and lots of folks want to complete theirs, so naturally the demand far outpaces supply. Many cards are rarer, but not nearly as sought after. If a 1000 Planks were suddenly found in the attic of some old tobacco co. employee, the "demand" could never absorb this supply and the prices would plummet.

[T206Collector]

Originally Posted by M's_Fan

The T206 is probably the most popular pre-war set, and lots of folks want to complete theirs, so naturally the demand far outpaces supply.

That's exactly the issue. The primary driver of price on Plank and Magie are the folks who are looking to complete their T206 sets -- or get as near to completion as possible. The advent of ebay fostered the illusion that a T206 set can be put together relatively easily on a modest budget, if you're willing to be patient. Indeed, most of the cards can be found on ebay within a few weeks, if you have the capital.

But you just about never see a Plank or Magie on ebay. It does happen, but it is rare. So a lot of folks over the past decade got pretty far along with their sets -- minus Wagner, Plank, Magie and, of course, Doyle. And there is a crush for them. I would suspect that Plank is somewhat scarcer than Magie, just given the different price points.

[OldSchoolBaseball]

It looks like the altered Plank went for $16k after just recently selling for $20k. REA should not have over-packed the auction with a bunch of Planks and Magies. Maybe a semi annual action would have helped.

Tough loss for the consigner...

[ChiefBenderForever]

Sometimes the flip flops.

[botn]

I don't know JP but I don't see how anyone can buy a card like that in a major auction a few months earlier only to consign it to another major auction and expect to do well. Sorry it turned out that way for JP.

[fkw]

Uh, OK.......


IMO
Besides "Doyle", and "Broadleaf 460"..... "Rare" and "T206" should never be used in the same sentence.

[Rob D.]

Originally Posted by OldSchoolBaseball

It looks like the altered Plank went for $16k after just recently selling for $20k. REA should not have over-packed the auction with a bunch of Planks and Magies. Maybe a semi annual action would have helped.

Tough loss for the consigner...

The restored Plank that sold in Legendary was in REA's auction? Really?

[chiprop]

Originally Posted by fkw

Uh, OK.......


IMO
Besides "Doyle", and "Broadleaf 460"..... "Rare" and "T206" should never be used in the same sentence.

Frank- 100% agreed! Prediction... Prices may start to come down accross the board for the t206 set. There are just too many of them.

[jmk59]

Originally Posted by botn

I don't know JP but I don't see how anyone can buy a card like that in a major auction a few months earlier only to consign it to another major auction and expect to do well. Sorry it turned out that way for JP.

I agree with this completely. Whenever you win any auction, you have to keep in mind that you were willing to pay more for that item than anyone else. So unless there are certain circumstances - lot break-up potential, etc - you should probably assume that no one will be willing to pay more for the same thing in the immediate future.

It could happen, but I wouldn't assume so. But it is unfortunate for JP. Shoot.

Joann

[teetwoohsix]

I don't think the T206's prices will come down too much,but wouldn't mind if they did-I still have a long way to go

It is true,lots of other cards that seem way rarer than T206's.

Sincerely,Clayton

[chaddurbin]

congrats to wonka for finally adding a plank and perhaps to jp for adding his grail of a numerical plank.