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1975 Topps George Brett rack on REA. Guess the price.
4Boston
Posts: 281 ✭✭✭
Whoever is selling this is doing someone else a favor. Rare Brett rookies are better then owning gold or Berkshire. Kids in their late 50’s will be opening up the wallets in 10+ years for this guy, if not already, but even more so then.
So what is this going to sell for ?
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I guess $5k with the vigorish
“Kids in their late 50’s” lol
This rack just sold last week...
Not Berkshire. Nuh-uh.
Not a bad price. I remember not too long ago these were almost twice that amount.
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.
During Covid ?
Yes, about 3 years ago when 1980 wax boxes were going for 10K also.
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.
Sold two of them a few years ago, and believe the ones pictured used to be in my collection. Sold this one for quite a bit more than the latest one, and per Grote’s note it was well north of $10k.
That one looks familiar~I think that's actually my scan, too, LOL.
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 dont follow the unopened market like you guys do, but i am surprised a Brett rack like that only sold for 5k. seems low to me. there cant be that many examples out there.
George Brett, Roger Clemens and Tommy Brady.
So someone lost over 100% on quality unopened ?
Good question.
Apparently there’s probably at least 10 out there.
What do the experts think ?
Paid $10 got $5 that would be a 50% loss.
He said well north of 10k.
Is well north of ten 10 ?
Just a hunch because I don't closely follow the unopened pack market. But haven't unopened packs for the most part had a sharp rise in value over the last decade?
I think what may have happened on the "north of $10k" sale, is two whales bid it up to that price which inflated its actual market value. The one whale was satisfied with the buy, the other whale either bought another pack someplace else or lost interest in obtaining one. So what remains when a new pack is for sale, without the two whales in play, is a pack actually worth 5k.
Always be careful about using one auction price as being an indicator of real market value. When sometimes that's not the case.
How far north of $10,000 does it need to sell, for the next sale at $5,000 to realize a 100% loss? I’m questioning EVERYTHING now.
The REA sale was a good price for the buyer. By well north, KC meant about $11,500, but don't forget, Covid created a huge bubble for a lot of product and prices right now are still way higher than they were 5-6 years ago for many of these items.
Take this 75 Brett rack. 6-7 years ago, this rack was a $2750 rack all day long. So even at 5K (a good deal, still, imo), the value is nearly double what it once was and not that long ago.
Take 1980 wax boxes. At one point they were going for 10K+ and have now settled into the $3500 range. Sounds like a huge loss until you realize that 1980 wax boxes were 2500 6-7 years ago.
It's all about context in the card (and unopened) market.
There are also a lot of items and examples that are even higher now than they were during Covid, but that is typically for the tougher and scarcer items, like 1970-1972 cellos and racks, for example.
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.
2500 to 3500 over 6 years, net inflation, is close to zero growth. Factor in 10-20% to sell and you are underwater net inflation.
Fwiw, I don’t see cards as investments, pure hobby for me. So in that sense agree that 3500 is a nice gain from 2500 if we are buying this stuff for fun.
SP500 is +85% last 5 years and you can sell 100k of SPY for 9 buck's, for what thats worth.
It's all for fun imo. Investing is for stocks, bonds and other options not cardboard.
That said, if you can realize a 40% gain in the process over the past 6-7 years collecting what you enjoy, that's just a win-win imo.
I can also remember buying 1975 rack packs for $200 a decade ago. Even with some softening over the past 12-18 months, they are still in the 1K range, so the return is also dependent on your timeline and the year of issue.
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.
Yup, agree Tim, if your hobby can make you a few bucks nothing wrong with that.
This is my jam too.
Plus the step up rule when your kids inherit the VOO.
Yes I buy cards and enjoy them too, but 3 million for a 1979 opc hockey case gets $300,000 per year with the VOO. Don’t think the case does the same. Plus no fees when the kids get it.
This was a hobby for me pre-2016. I was buying football CASES for what a couple boxes of optic cost.
After the run up in value, this “hobby” of mine needs to be managed like an investment. I would be negligent to not manage it like a 401K. The value of my hobby would make a difference in retirement and I can’t think of many other hobbies that can do that.
Seems high at $5000, when Brett PSA 8's are only selling for $700.
Terry Bradshaw was AMAZING!!
Ignore list -Basebal21
This is a misconception that many collectors not familiar with the unopened market have. The value of 5K+ is based primarily on finding an authentic 1975 rack in its original packaging with the Brett RC card on top. You can find a PSA 8 1975 Brett RC any day of the week. Finding an authentic unopened 1975 rack with Brett on top, on the other hand, is far tougher.
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 have come to learn that the unopened hobby is not about what is inside the packs, it is about the scarcity of finding the packs authentic and unopened. Then when you find a pack with a star or HOF rookie on top, the level of scarcity is pretty extreme. you can find hundreds of 75 bretts on ebay at any given time. there are zero Brett on top 75 topps racks or cellos right now listed.
It took me a long time to get there, but I finally understand it and can appreciate it!
George Brett, Roger Clemens and Tommy Brady.
The question remains, do you prefer George Brett on top, or on the bottom?
$5000 rack pack for a $500 complete set. Seems fair to me lol.
Terry Bradshaw was AMAZING!!
Ignore list -Basebal21
What's weird is I see what you're saying and between those two choices id rather have the rack pack.
I would 100% rather have the rack. Just a few years ago my answer would have been different though
George Brett, Roger Clemens and Tommy Brady.
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I dunno about all this. To me having an unopened pack would be like buying a box of chocolates and never eating it. 😉
But to each his own with his particular collection interests, and that's fine with me. The key is to collect, that's the main thing. One of my major collecting fun interests are inserts from the 1960's & 70's. As high a grade as I can afford. I think some collectors avoid inserts like the plague, whereby I love 'em. 😎
Best analogy ever. After 50 years... both are full of potential, intrigue, and even calamity.
An uncut sheet with Brett's Rookie on it is much, much tougher to locate than an unopened pack with him showing, and a million times cooler to look at.
I keep the chocolate sealed too.
That is a valid point but unopened product is far more popular among collectors than uncut sheets.
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.
Pete certainly doesn't need any of these. I saw a recent interview with him on YouTube, and he was approaching Jabba the Hutt for body shape.
Now that one, definitely leave as is! 😊
He hated the Yankees!
I prefer my Brett inscribed.
Pine Tar HR! 7-24-83
I think the popularity of unopened product hits on 2 important keys: 1. the nostalgia. we all remember walking into 5 and dimes and department stores etc and seeing all the wax, cellos and racks displayed and drooling over them as kids. 2. it is infinitely easier to both store and display wax/cello/racks than uncut sheets.
George Brett, Roger Clemens and Tommy Brady.
Agree completely.
Nostalgia is a huge part of it.
I love sheets also, and have a bunch of them and they do look very cool if you can them mounted and framed but it's a completely different appeal for me.
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.
Tim is correct on the sale and it was a little north of that figure. Sale was not through an AH and was a private sale, and the other Brett rack I sold was a good price but not as good as this one 😉
Is it better to have a Brett on top where you can see the centering, or on the bottom where the centering is a mystery.
His girlfriend likes chocolate too.
At least she isn’t a minor this time. The real reason Pete doesn’t belong on the Hall.
That suit was dismissed in court.
Both sides, Rose and the girl, came to an agreement.
Everyone can draw their own conclusions.
There were others if you believe Fay Vincent.
definitely on top where you can see the card. they sell for more and display so much better.
George Brett, Roger Clemens and Tommy Brady.
That depends. On top carries a much higher premium but on back the mystery of on back is cool, too, at the right price.
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.
hey countdoug...
That's Cool...