Anyone else see this item on Heritage Auction...
mintonlypls
Posts: 2,015 ✭✭✭✭✭
The clarification and hammer price (Heritage Auctions estimated the value at $8000) seems to indicate that the lot was misinterpreted by bidders...
For the winners sake...I hope the vending box contains many PSA-10s.
mint_only_pls
1
Comments
That’s crazy, given the photos.
Bosox1976
What was sales price?
Kiss me twice.....let's party.
$117,000!
I tried getting it to rip and it blew up. Tapped out.
i was a bidder at much less...didnt expect it to go so high.
Lol that’s obscene. But I said $350 for 88-89 Fleer Wax boxes was obscene a few years back on these boards so what do I know.
Kiss me twice.....let's party.
I’ve given up trying to understand this stuff. Someone is paying $200+ per card without even the excuse of having a rare unopened wax, rack or cello box? This vending box is opened, so to me, what you have are some presumably very nice cards, worth nowhere near an average of $200/card. Silly price.
According to the listing description, the cards within are still 'wrapped" in 7-card bundles from the factory, and I'd expect, based on that verbiage, at least, presumably unsearched, but if not, I'd agree that price seems crazy. That said, there are many collectors out there with deeper pockets than you or I, for whom 100K is like 1K to us.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
I feel like description was clear. Hope buyer gets great cards and is happy with the purchase.
I didn’t know that vending ever came in bands like that. Learned something from this listing.
I also would not trust a box like this that wasn’t BBCE wrapped. Hope it is not cherry-picked.
Maybe one of the web breakers will sell bundle breaks at $2k per?
Bosox1976
The price is crazy even if they are untouched. Can you provide any reasonable scenario whereby the buyer will come out ahead?
Some buyers don’t want to come out ahead. They just want to own it.
Like Grote said. Once had a CEO pay me $7,700 for something others only would pay the $1,000 value of the item. He just wanted it that bad. His 7.7k was like their 1k.
Bobby orr?
Yes. Big Orr, Yaz, and Staubach collector.
He also bought the very first PSA 9 Orr #2 from 1968 opc from me.
This was 20 years ago.
He compulsively bought for five years and then sold everything about 5-10 years later.
Dave, I dont have to start explaining the value premiums for unopened product to you, do I?
It's never about coming out ahead for the cards individually within the packs or box, (though 50 lower pop PSA 10s might do it), but the scarcity of the product in that form that determines its value for unopened collectors on the secondary market. No one has ever even seen a vending box like this with 71 individually wrapped bundles within the vending box.
Should a legit 1973 baseball 5th series wax tray ever surface, it would eclipse 25K, easy.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@grote15
Of course I get all that, it’s just hard to see an opened vending box, original or not, maintaining that premium value over time. Wouldn’t it be rather easy to switch cards out?
When I was bidding I contacted Heritage with questions to make sure what I was bidding on. Derek Grady at Heritage personally inspected the box. The stars are in it like Brown, Unitas and in multiple copies. It was not picked through. It would have been a blast to land and open.
Even so, wouldn't you agree that viewing it as “unopened” over time would get rather problematic?
its more likely viewed as original vs unopened.
I'd agree that the value is only as good as the guarantee that the 7-card bundles within are completely intact and undisturbed, at least for me as an unopened collector.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
So you are telling me that Heritage searched the box. To me that is worse. If the whole things was centered and the rookies would grade high they would have suggested to the seller to break and grade. After seeing the condition of the cards inside they suggested to the seller to sell as the vending box. The only way they could make sure the stars are there is to go through the whole thing so they know that here are x Unitas and Browns and what those would likely grade.
This is the equivalent of finding a ‘59 wax box containing the contents of every pack but opened. It is not an unopened box so is only worth the contents of the cards. It has been opened at least once by heritage now if not by others.
@brad31 - you would have to call Heritage and/or the seller to get to the very bottom of it. Perhaps they both mutually agreed it was best to verify the contents since it really is something that has practically never been seen before. If I was the owner selling that mysterious of a box I would want it reviewed so that I didn't have a nightmare after the auction to deal with. As a bidder I just wanted some sort of confirmation it hadn't been cherry picked because my intent was unwrap and grade. Once the bidding completely blew up I quickly tapped out. Other than that it snowed in Wisconsin yesterday.
I've never heard of vending boxes being packed like that from the factory. The best guess out there is that this was a closeout item that was repackaged in the early 60s in those bundles. The few late 50s vending boxes I saw auctioned off ~20 years ago were packed similar to the 70s vending boxes we all know well. Even putting this aside, the photos show the cards aren't very well centered. I'm really shocked this sold for so much. Hopefully the buyer doesn't rip it. It's best leaving it as is.
There’s always this 1960 Vending baseball box that’s available!
https://www.ebay.com/itm/255946105068?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=kNImhqUzRYC&sssrc=2349624&ssuid=kNImhqUzRYC&var=&widget_ver=artemis&media=COPY
Easy pass…
They weren’t.
Never were.
Paper was used like this to wrap cards by Woody Gelman and those who bought from Woody.
My deceased friend (85) who bought from Woody taught me this to protect cards better than rubber bands.
To each their own, but this person bought nothing more then repackaged cards in an older vending box.
Based on the sale price it could entice people to produce more of these.
Heritage says “presumably issued by the factory “.
Shame on them.
I am convinced for some it's just the rush they need, it's like high stakes gambling.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
Just give Fritsch’s son a call.
Ask him if dad ever received vending like this.
The answer will be no.
All you need to create that is a book from the 1950’s or 60’s for paper.
Plus a little of this
Plus this
Get yourself some NM-MT o/c cards
and you have yourself $100,000.
No different than this.,,,,,
Has anyone asked the question why Steve Hart’s letter of approval didn’t come with this ?
I mean if it actually is packaged from the factory as Heritage says 😂
I’d be interested to hear your thoughts as to why you referred to this item as unopened.
its actually the grandson now...jeremy....the father/son (larry/jeff) are deceased.
Thank you. Did not know. 😮😢
It was a general statement based on whether the cards within the bundles of the box were unsearched. I don't mess with vending unless its FASC and even then, it's not my preference for unopened product.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Yes, Jeff passed away some years ago.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
$873K
https://auctions.morphyauctions.com/LotDetail.aspx?inventoryid=558332
Thought this was interesting in light of the previous thread. Is there any corroboration for the idea of vending machines dispensing groups of cards for a nickel rather than just one for a penny?
I would be very very skeptical of this. If it could be done once, it could be done again. It will be very interesting and damning if we see a bunch of these hit the market in the next few months.
George Brett, Roger Clemens and Tommy Brady.
Skepticism is definitely warranted…but I do think seeing the same type of vending packaging used for a set that is much less valuable and less in demand lends credence to the possibility that this setup was used for dispensing multiple cards from a vending machine.