Cobb/Cobb card in Goodwin Auction

[JP]

I'm intrigued that the Cobb/Cobb seems to have broken out to a new price level, and no one has anything to say about it. In 2005, Wagners of any grade eclipsed $100k, and then their price appreciation accelerated at an astronomical rate. In just five years, the price of Wagners tripled. In 2015, may we see $250-300k as the base price for a Cobb/Cobb?

[teetwoohsix]

I don't know which way to look at it-are serious collectors bidding it up that high because of the true rarity of the card and they want to add it to their collection,or is it seeing this type of escalated bidding due to the # of "investors" who only care about the card for the potential return 2-5 years from now?

Clayton

[ChiefBenderForever]

I thought they slightly overpaid about 100k or more.

[JP]

I feel like it was an overpayment as well BUT in a couple of years might this look like a hell of a steal? Cobb/Cobb is far more rare than Wagner after all...

[Chicago206]

Originally Posted by JP

I feel like it was an overpayment as well BUT in a couple of years might this look like a hell of a steal? Cobb/Cobb is far more rare than Wagner after all...

Rarity is just one part of the magical value equation!

[Steve D]

and $695 for a PSA 4 Shag Shaughnessy!

Steve

[JP]

I think Larry's PSA 4 Shag sold for $800 on BST here, so that price isn't unprecedented.

[Potomac Yank]

Originally Posted by teetwoohsix

I don't know which way to look at it-are serious collectors bidding it up that high because of the true rarity of the card and they want to add it to their collection,or is it seeing this type of escalated bidding due to the # of "investors" who only care about the card for the potential return 2-5 years from now?

Clayton

*

After a while, it's easy to tell the difference between a collector, and a portfolio flipper.

The key words are:

Registry.
Half- grade.
Crossover. ... (not to be confused with Passover)
Value equation.
Investment.
Rare. ... (the word has lost its meaning)
SCP.
PSA - SGC - GAI.
That's just a start, I'm sure you can add more.
Notice, they rarely talk about the card ... It's always about the Munee.

Now ... In what group does JP, and a few others fit in?

[JP]

Actually, my entire point was about the card and its transcedence. Not a single word I wrote has to do with flipping...but I appreciate you once again pulling something irrelevant out of thin air. I think collectors may finally be appreciating the true signficance of this card to the hobby.

Furthermore, how is my speculation of reasons why OTHERS may spend so much on a card (financial interest included) any reflection on me? I didn't buy that Cobb. I rarely bUy a card with interest in selling it years from now. I either try to find a card to flip immediately to fund a purchase for my long-term collection, or I buy a card with the intent of hiding it away for decades.

[Potomac Yank]

None of us are able to read .....

It was all about the card.

[JP]

You may want new reading glasses old-timer. The ones you're wearing are making you read too much into things. My post was, in fact, all about the card, just like the thread title.

[Potomac Yank]

Originally Posted by JP

You may want new reading glasses old-timer. The ones you're wearing are making you read too much into things. My post was, in fact, all about the card, just like the thread title.

*

Munee was never indicated in any single one of your post.

*

*

*

Tell us JP, how long have you been feeling this way?