Hobby Myths Most Accept as True

[Leon]

Originally Posted by yomass

What is the evidence that W502 is a candy issue?

What is the evidence that W575-2 was issued as a boxed set? Almost all of mine are hand cut, so how do they get that way?

I think he might have meant the W503's have been known to be a candy issue by most hobby veterans. I am not sure about anything definitive though. As for W575-2 my only source for what they are is a small strip card example....Nice thought for a thread!!

[Bridwell]

Myths:

1. The T206 Plank is scarce because of a broken printing plate.

2. Hobby dealers are supposed to be helping out vintage collectors.

3. The T207 Lowdermilk is the 'holy grail' of that set.

4. The early hobby pioneers knew more than we know now.

Ron R

[barrysloate]

I guess I'll play too. Myths:

1) Only the biggest auction houses get top dollar for consignments. That is both an oversimplification, and a misunderstanding of how the market works. World record prices are set based on who is bidding. Often there is no rhyme or reason for why crazy prices are realized, except for who the bidders are. I had a tiny auction house with a small catalog and set many world record prices that stood for years. Was I better or worse than anyone else? I doubt it, as every auction company uses the same pool of bidders. All the great prices I achieved were solely based on who was bidding, nothing more. I've seen big auction houses get great prices, and I've seen them tank. The size of the auction house is irrelevant.

2) Something that Ichieh said on his Pete Rose thread precipated my next thought: "Dmitri Young owns the PSA 10 and he won't be selling." Ichieh, if I had a nickel for every collector who was never going to sell, and then bailed out of the hobby, I would have a very big bowl of nickels. Circumstances arise that change the course of people's lives, and many decide to sell collections they hoped to keep forever. It happens all the time.

[thekingofclout]

Amen & Amen, Barry.