PSA 9 52 Topps Mantle sells for $5.2M

[jfkheat]

I just saw this on another forum. I believe this is the same card that Evan Mathis sold a couple years ago.

https://sports.yahoo.com/this-1952-m...130140720.html

[ullmandds]

So a 10 might sell for...WHAT?????

[maniac_73]

Wasn't Evan accused of trimming?

[chalupacollects]

hmmm...not loving the pedigree,,,

[ullmandds]

Originally Posted by maniac_73

Wasn't Evan accused of trimming?

absolutely...I think someone posted an ebay purchase of his for a paper trimmer.

[pokerplyr80]

This card has been discussed in other threads and it is well known that Evan bought and sold that card in a 9 holder.

[111gecko]

Originally Posted by pokerplyr80

This card has been discussed in other threads and it is well known that Evan bought and sold that card in a 9 holder.

+1

[Seven]

Originally Posted by pokerplyr80

This card has been discussed in other threads and it is well known that Evan bought and sold that card in a 9 holder.

If you wouldn't mind linking some of the old threads I would love to take a look.

Also this is absurd price. I fully understand that if you can drop 5.2 Million on a card you can afford probably anything, and don't care about overpaying but that price is staggering. Granted it would be in a lesser grade, but You could buy a signed version of the 52 Topps for less.

Hell if we restricting ourselves to just baseball cards/memrobillia I'm pretty sure you could buy game used uniforms of Babe Ruth, Lou Gehrig, Mickey Mantle and Joe Dimaggio and you would still be at a lower combined price than what this guy paid for this Mantle, which very well could have been trimmed.

[A2000]

Originally Posted by ullmandds

So a 10 might sell for...WHAT?????

via GIPHY

[ezez420]

1 investor or multiple?


Sent from my iPhone using Tapatalk

[Jason]

That's a "money means nothing to me purchase" for sure. The cost to that collector was inconsequential. 2 million, 5 million, 10 million no difference. And he thinks he got a steal so more power to him!

[Fred]

Mind boggling - over 1400 graded by PSA (9 cards that are graded 9 or higher). That doesn't include the SGC graded cards.

Over $5M for that card? Where does that put the PSA 8 Wagner?

I think I could have found a better way to waste that much money. Perhaps a few million bucks to Jeff Bezo's GoFundMe page when he was getting divorced...

Could you imagine if someone like Bezo's got a bug up his ass to collect nothing but the most popular highest graded stuff. He'd beat down every bidder and then the prices would look even more inflated than they are now.

[CJinPA]

Originally Posted by Fred

Mind boggling - over 1400 graded by PSA (9 cards that are graded 9 or higher). That doesn't include the SGC graded cards.

Over $5M for that card? Where does that put the PSA 8 Wagner?

I think I could have found a better way to waste that much money. Perhaps a few million bucks to Jeff Bezo's GoFundMe page when he was getting divorced...

Could you imagine if someone like Bezo's got a bug up his ass to collect nothing but the most popular highest graded stuff. He'd beat down every bidder and then the prices would look even more inflated than they are now.

https://www.youtube.com/watch?v=bJNVKj13R-Q

Chew on this video and let it digest. Specifically, minutes 16:25 - 17:45. The entire video is informative but watch specifically the times above. And don't discount this guy - he owns and has owned some great cards in our hobby.

[Popcorn]

Originally Posted by CJinPA

https://www.youtube.com/watch?v=bJNVKj13R-Q

Chew on this video and let it digest. Specifically, minutes 16:25 - 17:45. The entire video is informative but watch specifically the times above. And don't discount this guy - he owns and has owned some great cards in our hobby.

I see it on Twitter and it amazing. Cards are literally positions now.

[Fred]

Originally Posted by CJinPA

https://www.youtube.com/watch?v=bJNVKj13R-Q

Chew on this video and let it digest. Specifically, minutes 16:25 - 17:45. The entire video is informative but watch specifically the times above. And don't discount this guy - he owns and has owned some great cards in our hobby.

I heard the word "manipulation" somewhere just past the 17:45 mark. Pretty crazy stuff. What the guy seems to be saying is that rich people are playing this game. What happens when these rich guys get bored and find out that not everybody is going to play this game. For now, it's pretty sad to see this occur because those people are screwing up a hobby for the average Joe hobbyist. Now if average Joe hobbyist bought a ton of stuff a few years back and sells it now, then average Joe can make a few bucks and hope for the bubble to burst so average Joe can buy it back on the cheap.

[Republicaninmass]

I've found it's easy for kids to say " that's before my time" to discredit something that should be known in popular culture. IE Mr Ed posted in a another thread. It was before I was born, but I know it's a talking horse

"The cards market, unlike the stock market can be manipulated. This is why money people are saying "Im getting into cards'"

[CJinPA]

Originally Posted by Fred

I heard the word "manipulation" somewhere just past the 17:45 mark. Pretty crazy stuff. What the guy seems to be saying is that rich people are playing this game. What happens when these rich guys get bored and find out that not everybody is going to play this game. For now, it's pretty sad to see this occur because those people are screwing up a hobby for the average Joe hobbyist. Now if average Joe hobbyist bought a ton of stuff a few years back and sells it now, then average Joe can make a few bucks and hope for the bubble to burst so average Joe can buy it back on the cheap.

What's most interesting to me is that, for example, the 1986 Fleer Jordan PSA10 is not rare (unless your definition of rare is 312). It
s surely an iconic card and that certainly has value, but there are 7,700+ PSA8's for goodness sake! Mantle? 3 PSA 10's, 6 9's and 35 8's.....

SO I agree with you on the 'manipulation' - I'd hate to be holding the bag is those Jordan's go up to 400K (...and I know I risk this not aging well)..... just making the comparison, anyway!

[Republicaninmass]

I just look at auction houses (goldin) and when I see 36 jordan RCs in ONE auction, I shake my head. I mean Ken should just go back on the home shopping network and peddle these "investments" to grandmas for their grandkids future

Look what the last peak in the 80s did for modern cards. Now the little 1/1 stamp has sucked in a new generation. Many, like myself "invested" in those peak years 87- 91 and saw our fiti6re 401k plan leave in a uhaul for a pittance. Quite a few of those young collectors never returned to the hobby, and I honestly hope the same doesnt happen this time.