T206 backs Prices

[cfc1909]

I hope you sold it to a collector and not a flipper...

[ullmandds]

dont feel bad, Tim...I sold a vg red hindu for 600 and a good drum for 1000 in the last few years...it happens!!!

[Abravefan11]

Peter I don't feel bad but I guess I would if I gave it too much thought.

I was just giving Jim grief as he didn't pay $1000 for the one he got from me.

[Sterling Sports Auctions]

I am reviving this thread because of the recent auction I ran on the BST. I listed a nice SGC 30 AB 460 starting at $150 which is well below the $200 that seemed to be accepted as the going rate for the back.

Well the results I got were no bids and a few emails telling me that I was overpriced and getting offers at 50% of my asking price.

I like this threas because I have some of these back and looking to move but had no idea where the price range was. I think the initial post had a decent grasp but was also looking to clarify that his observations were correct and he got 2 replies of correction, Thanks to them.

But it seems like the buyers are not responding to there willingness to pay. I think people like to see that the cards they have have this nice value tracked to them but when the time comes are they really getting those prices or close to it?

Threads like this would be very helpful if the people would respond more when they feel if something is out of line, in my example it appears to definately be the case.

Lee

[usernamealreadytaken]

Thanks for "reviving" my thread? You are right on point. This thread, if considered, could be a great gauge for buyers, sellers, and/or collectors. I will revise my price-points with the suggestions made:

Drum - $2,000 (This is about right, Chi-206's PSA 2 Kroh went for this exactly on ebay)

Uzit - $1,800 (hard to tell, so few pop up for sale...)

Hindu red - $900 (see above) Chi-206's Devore went for $7something on ebay (it was a solid "1")

Lenox black - $800 (again, too few to make generalizations)

Broad Leaf 350 - $500 (I sold a "1" for $300's and bought a "2" for $525..on point)

American Beauty 460 - $200 (the recent sales point to this being optomistic, I recently bought a PSA 3 for $160 on ebay, sold for about the same on BST...)

Carolina Brights - $350 (about right, a couple "1.5's" have gone for $275

Hindu brown - $300 (a recent ebay "2" went for $290...on point)

[cfc1909]

The AB 460 example you had for auction is probably the most common AB 460 there is and I think it was a SGC 30 not a vg example. Also the auction houses seem to get better money for some reason.

I had an SGC 40 Uzit for sale on ebay and at several shows including the National-could not get anyone to offer more than 1500. Heritage sold
SGC 30s for 2100 (portraits examples) and SGC 40s for 18 and 1900. Out of ten Uzit examples I think their average was 1850. At this time if a collector wanted an SGC 40 Uzit from me it would be at least 2300 and higher for a portrait.

A triditional auction seems to be the best way to go but the easiest way to get burned. When ebay was at its height it was all auction format. The auction houses have this going on and it seems that is where the best prices are realized.

[drdduet]

I'd put Uzit above Drum. In my collecting years I've seen "many" more Drums than Uzits for sale, heck for a span of 2 years or so I didn't even come across a Uzit for sale.

[David R]

I think we are in a huge bubble on these rare backs. I see people listing common players with Hindu, Broadleaf and American Beauty backs for more than I bought HOFers with those backs in the same grade just last year. I am glad because I collect rare-backed T206 HOFers but I scratch my head as to the reason for this recent surge.

[usernamealreadytaken]

I have a feeling that this bubble isn't going to pop. People are gobbling them up for their (perceived) scarcity. Once they get them, they hold tight (out of fear they won't be able to find again, or at least not as cheap). This "cycle" keeps spinning itself and the only way to stop it (and drive prices down) would be for a huge influx of these to the market...I don't see that happening.