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Check out this Graded Set Auction!

Ohh..... what I could do with $30,000!!!!!

1971 Topps Auction
Frank Bakka
Sets - 1970, 1971 and 1972
Always looking for 1972 O-PEE-CHEE Baseball in PSA 9 or 10!

lynnfrank@earthlink.net
outerbankyank on eBay!
«1

Comments

  • Nice Set.. an extremely difficult set to build... I hope it gets some bids.... now, where did I put that extra $30,000.... must be in my other pants....
  • theBobstheBobs Posts: 1,136 ✭✭
    Wow!

    How about 3,000 of us team up? I will put in $10. Only need 2,999 more people.

    He is selling some 9's too...

    <edited to reflect accurate 9 situation...>
    Where have you gone Dave Vargha
    CU turns its lonely eyes to you
    What's the you say, Mrs Robinson
    Vargha bucks have left and gone away?

    hey hey hey
    hey hey hey
  • AlanAllenAlanAllen Posts: 1,530 ✭✭✭
    Very nice looking set. The scans he shows look like high-end 8's to me, with great centering and no chipping. Very nice.

    Joe
    No such details will spoil my plans...
  • FBFB Posts: 1,684 ✭✭
    theBobs,

    I believe that those are EXTRA PSA 9's from the 71 set. With an 8.22 GPA - he's got 179 PSA 9's in the set up on the registry.
    Frank Bakka
    Sets - 1970, 1971 and 1972
    Always looking for 1972 O-PEE-CHEE Baseball in PSA 9 or 10!

    lynnfrank@earthlink.net
    outerbankyank on eBay!
  • the Bobs

    Count me in for $10
  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭
    Pekovich truly deserves an award for putting together such an absolutely amazing set. This set would be the cornerstone set of any serious 1970s collectors -- and would probably be a huge (debatably modern) addition for many of the super-collectors like Charlie, Marshall or others.

    Good luck -- and thanks for sharing!
    MS
    I am actively buying MIKE SCHMIDT gem mint baseball cards. Also looking for any 19th century cabinets of Philadephia Nationals. Please PM with additional details.
  • Hey I'M a big spender count me in ffor $20! Very cool set .... Drool Drool image
    Life isn't about waiting for the storm to pass... it's about learning to dance in the rain.
  • theBobstheBobs Posts: 1,136 ✭✭
    Coachh $10.00
    Luxurywines $20.00
    theBobs $10.00


    We only need 2960 more $10 buys into the syndicate...
    Where have you gone Dave Vargha
    CU turns its lonely eyes to you
    What's the you say, Mrs Robinson
    Vargha bucks have left and gone away?

    hey hey hey
    hey hey hey
  • -MS-

    I have to agree this is a set for the books truely amazin!!!!


    Matt


  • Oh yeah I'm in for a 20.00image

    Matt
  • BugOnTheRugBugOnTheRug Posts: 1,611 ✭✭✭
    I'm in for $10. Let's then donate the entire set to Cooperstown.

    BOTR

  • Ah, yes. Another high end, top of the registry-type set being auctioned off. Have to say, I told you so not too many moons ago. My, how the mighty have fallen: 1969, 1967, 1965, 1971 and more to come....stay tuned. HINT: a different year, but within the same grouping of the four I just mentioned, though not necessarily the #1 set this time. But relatedimage

    Apparently, doc pulled the 9's out of his #1 and replaced them with 8's to sell it off. Nice touch.

    Personally, I don't think $10 is gonna get anyone very much. At $23,500 for 752 cards, you'd each get about 1/3 of a card. Overall, the price could be a tad high, but who knows?

    If I bought it, I think I'd add another $500 just to buy his plane ticket to bring it to me in person.
  • I don't know, but $31.25/card really doesn't seem that ugly to me...
    Why do I get the feeling, that some cards are worth money, while others are not?
  • BasiloneBasilone Posts: 2,492 ✭✭

    I would guess this is a "floater" type of an auction (you never know who will bid)....the reason Im saying that is that Bauerfan sells singles on Ebay for a living...so why not sell it brick by brick?

    I hope the set does receive some bids and restores some confidence in the graded set market.

    John
  • DavalilloDavalillo Posts: 1,846 ✭✭
    According to my calculations, the smr on this set is about $18,255. While admittedly the black borders make the set more difficult in 8 than ones in surrounding years, it does not seem particularly difficult to assemble the vast majority of the set in 8.
    The opening bid seems high to me.

    Davalillo
  • BobSBobS Posts: 1,738 ✭✭
    Where is Zardoz?? Doesn't he know all about the 8-prices foir this set?
  • Sheesh.....I just put hte set up a few hours ago....
    I'm in for $10.00 if it will get the set to $30,000....

    The BIN is to keep the "what will it take to end the auction now" e-mails to a minimum.

    Wasn't sure what to start the auction out at...I wanted to set a price that was high enough to keep it from being an attractive break up candidate, but low enough to make it a fair price for a collector. I am biased, but I really dont think $23,500 is all that high at all. The SMR is way off on this year (#1 World Champions $40 , #5 Thurman Munson $95, etc)...not sure why on this year but it is. I could be wrong on the price though...wouldn't be the 1st time. Anyways, there it is.

    Steve




  • Dav--

    I agree but Steve's no dummy he's got it sitting directly in the middle for you
    might think it's high but it's really a nice buy...For you could be sitting with 5
    seconds left and watch it go with everyone beating the desk I should have
    bid....For he always has the second go around to list it lower and get some
    more folks involved.

    For the comment break it up and sell it as lots well it gets old I'm sure he's willing
    to take the listing fee just to see if it will go. For he will spend plenty of time
    doing that....Whichever way you see it he's in a win win!!!! He holds the 9's!!!!image

    Later, Gator


  • I wonder if he will take a payment plan. At $10 a month with 0% interest,I could pay it off in 25 years.Better yet, with 10 partners,We could pay it off in 2.5 years and then rotate ownership for the next 10 years.

    Vic


    I do agree with Davalillo that a set would not be extremely difficult to put together in 8 for the most part.I bought almost a complete set on E-Bay a while back that would probably grade out mostly 8's.I will eventually get it graded.

    Please be kind to me. Even though I'm now a former postal employee, I'm still capable of snapping at any time.
  • 1420sports1420sports Posts: 3,473 ✭✭✭
    Count me in for $400-450, as long as the Rose is mineimage
    collecting various PSA and SGC cards
  • I'll restate my phrase from an earlier post:

    "the chase is more exciting than actually owning the set..."



    image

    I'm in for $20... I got dibs on the Nolan Ryan!
  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭
    Maybe he should divy it up in one of those "Winning Lot" auctions. Have 1,000 lots -- with most people getting a card -- and the rest of the people getting a wrapper or something. Starting bid of $30- each -- and perhaps 1,000 people will bid on it ;-)

    I think it's a pretty fair price on a tough set. Yes -- many of the cards are easily found in PSA 8 -- but there are a good number of them that are tremendously difficult. Just like the 1952 Topps PSA 8 set on Mastro -- the premium paid is not on the high pop. cards -- it is on the ridiculously low pop. ones.
    I am actively buying MIKE SCHMIDT gem mint baseball cards. Also looking for any 19th century cabinets of Philadephia Nationals. Please PM with additional details.
  • Speaking of Mastro's 52T set - anyone know when that auction will begin?
    Why do I get the feeling, that some cards are worth money, while others are not?
  • I for one, think it is Beautiful, brings me back to my 11th summer!
    www.LloydWTaylor.com
    Vintage Baseball Cards
    Sales and Ebay Consignment Service
    email
    Lloyd_Taylor_Vintage_Cards -- on Ebay
  • From the 8’s I’ve been buying from Steve I can assure that those interested would very happy with this one. But on the other hand, I like BOTR ‘s idea of pooling together and donating it to Copperstown. You and count on me for $20. Good luck Steve.
  • murcerfanmurcerfan Posts: 2,329 ✭✭
    He's been putting a steady stream of 9's up on e-bay.
    predictable franzy results so far. 150-250 a pop for commons.
    I think this is some pretty heavy material and paying some big dividends.
    Only a complete psa 8 set of the Greatest Moments would be more impressive (to me).
  • I turn 34 today.........you think there is any chance of a huge birthday present??? Didn't think so. Put me in for 20 and I'd like to reserve the Gibson and Brock cards.
    Stan Musial topped the .300 mark 17 times and won seven National League batting titles. A three-time MVP, he played in 24 All-Star Games. Probably, the greatest player who is overlooked and underappreciated.
  • I think he deserves a premium for all the hard work assembling the set. Unfortunately as we have seen so far buyers aren't willing to assign any premium to the very large completely graded Topps sets- yet.
  • Mastro's auction goes up November 26th.
    Buying 1957 Baseball PSA 8 or higher. Especially Checklists, and Contest Cards. Topps1957psa8set@aol.com
  • PSA68PSA68 Posts: 12 ✭✭
    Total SMR on 1971 Topps PSA 8 set is $17,552. Here is how I came up with this amount:
    (All figures are from November, 2002 SMR magazine as SMR online may add or omit certain minor star cards)
    71 star cards (counting up single cards in SMR)= $4,847 in PSA 8
    475 commons (#1-523) X $17 each= $8,075
    104 commons (#524-643) X $20 each= $2,080
    102 commons (#644-752 X $25 each= $2,550
    Total 752 cards = $17,552
    Please note that I did not count premiums on UNLISTED minor star cards, checklists, team cards, league leader and playoff cards which are anywhere from 1.5 to 3 X common card prices according to SMR.
  • Gentlemen

    Go and buy it from the "book"


    Puhleeeeez! Steve has assembled an ultra high end set, and SMR has not been in keeping with the actual market conditions.

    Meaning no disrespect gang, but a couple of you are happy to quote SMR, but when it comes to buying anything of merit from you, you have a tendancy to quote sell prices that are multiples of SMR. A great gig if you can get away with it.

    There, I said it! Steve wouldn't because he's a nice guy, I'm not.

    Now that we have the unpleasantness out of the way, I wish Steve luck with his auction. I strongly doubt that we will ever see a 1971 set as strong as he assembled ever again on the registry. He really raised the bar to the stratosphere.



    THE FLOGGINGS WILL CONTINUE UNTIL MORALE IMPROVES
  • DavalilloDavalillo Posts: 1,846 ✭✭
    Given that I quoted SMR, I must assume my buddy Zardoz means me in his remarks.
    Where there is plentiful supply(i.e. 1971 Topps) and the supply is growing like a weed(i.e. 1971 Topps), I think smr is a good barometer for price. Last time I checked there were over 16, 000 psa 8 1971 Topps which represented over half of all submissions. I do not keep these records, but collectors/dealers have only just begun to submit commons from this set. Starting an auction at 20% over SMR to me must mean that the gentleman is just advertising and does not really expect any bids.

    The reason I may charge multiples of SMR for certain of my cards is that I am not a seller. If someone wants to pay astronomical prices for that card or cards he needs I will generally accomodate him. Two times in the past month this happened. I actually need to do this so I can pursue all my other sets.

    Davalillo
  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭
    For what it's worth -- Davalillo probably has one of the most comprhensive runs of graded cards in the hobby and he is the most successful person in the hobby of adhering to the mantra "Buy low, sell high".

    Heck -- rumour has it that there is some crazy-monger out there who is currently trying to convince him that a trade of 14 PSA 8 commons is worth a measly 2 PSA 8's and 1 PSA 7 of Davalillo's in return. And to think that Davalillo will probably turn around and talk about how much he would have to give up in the trade image
    I am actively buying MIKE SCHMIDT gem mint baseball cards. Also looking for any 19th century cabinets of Philadephia Nationals. Please PM with additional details.
  • Not sure the book applies to this set. If you check the numbers you will see that Jim is right there are over 16000 PSA 8's. The problem with this is the amount of nines that are lacking. With a short supply of nines in the market the eights will come under a larger pressure thus bringing a premiun. If you look at 67-72 you will see that nines in these years are anywhere from 8-15 percent of submissions with 71 being the exception coming in at a mere 2 percent. Also the sevens in 71 are greater than the other years telling me that alot of dealers and collectors who thought they were going to get eights and nines instead got sevens and eights and in alot of cases some sixes. This set is condition sensitive and has been since it was introduced. I remember opening packs and having alot of white edges right from the packs. One more thing if you take the combined 8 and 9 slabbed cards from the years I stated you will find this.
    Combined 8 and 9 percntage of submission
    1972 64.74%
    1971 53.88%
    1970 63.58%
    1969 60.50%
    1968 60.36%
    1967 60.22%
    I personally think the price Steve has on them might be in the ballpark.I think it is a tougher set to make than most of the others in eight and the bottom line is they are his cards. Will he get the price , I dont know. Does he deserve the price? Heck yea!! It was a great accomplishment any way you look at it. Are we wrong debating this. Heck no!!! I think this is great and it helps us get a thumb on this market and sometimes brings us back to earth. Good luck on your auction Steve I hope it goes and stays together.

    Daveimage
    Visit my site @ www.djjscards.com
  • There is absolutely nothing wrong with buying low and selling high. Good Heavens! am I being painted with some sort of commie/socialist brush? image


    signed
    Comrade Zardoz
    THE FLOGGINGS WILL CONTINUE UNTIL MORALE IMPROVES
  • Oh, and for the record.

    Davalillo does indeed have one of the finest graded collections out there. If he was 20 years younger, I would have introduced him to one of my daughters..........not that I would have any ulterior motive in doing so image
    THE FLOGGINGS WILL CONTINUE UNTIL MORALE IMPROVES
  • Wait a second. You would want your daughter to marry a man who doesn't believe that 1970 Kellogg's are VINTAGE?

    Oh I get it! A quick "accident" Texas stlye, and Zardoz becomes defacto beneficiary of the Vic Collection image.
  • $25,000 is a lot for a set -- especially since you can't drive or live in it --- although it would be cool to live in it for a day
  • DavalilloDavalillo Posts: 1,846 ✭✭
    Zardoz,

    I do have a son who seems to think Texas girls are pretty special. I could probably bring him to Houston one of these trips for a small group of Kellogg 1970 psa 10s.
    I agree with Stump's point that there is nothing wrong with debating this. I have gotten the sense in the past that if someone had a set up for sale in the past that one should only say positive things about the potential value. There is nothing wrong with debating the value of cards and sets that are on the market.
    Marc, you know my style. But I will trade you for two of the three if you are generous. Low pop 50s Bowman cards have made me a lot of money in the past few months.

    Davalillo
  • VarghaVargha Posts: 2,392 ✭✭
    The set is worth the money being asked for it. If I had $20K to part with right now, I wouldn't hesitate to purchase it for the opening bid. I could easily rationalize that now the fun would begin in my chase for 9's in upgrading it.
  • ROCKDJRWROCKDJRW Posts: 1,330 ✭✭✭
    I'm in for $20image
    Collect Ozzie Guillen Cards
    Unique Chicago Cards
    Wrestling Cards
  • BasiloneBasilone Posts: 2,492 ✭✭
    Im in for $10.00...but only if I get Milt May.

    John
  • acowaacowa Posts: 945 ✭✭
    I think that it could very easily sell in the mid 20's. It's definitely not for everyone...all you need is one person to pull the trigger. Additionally, if it doesn't sell on EBAY, it's a VERY low cost advertisement. More power to him.


    Regards,



    Alan


  • gemintgemint Posts: 6,106 ✭✭✭✭✭
    A few things to consider:

    1) No buyer's fee on eBay. If you buy this set at a major auction house, a $20k final bid would equal the current min bid he entered in this auction

    2) People buy these sets for the low pop cards. Though Davallilo is correct that there are a ton of PSA 8 1971's out there, there still remains a number of tough cards. The Munson, Rose and other stars get alot of attention from dealers and collectors as far as submitting high end examples. Yet the prices have not eroded much as the populations increased. Though I haven't been following '71 auctions lately, the Rose is probably still selling for $300+ and the Munson sells for $500 if you can find one. I don't see many of the star cards approaching SMR anytime soon. Overall, I think there are still more cards selling above SMR than are selling below.


    I would place a bid if I had that much money freed up and I didn't already have a raw set that is about 60-70% PSA 8 material. I think it is priced fairly.
  • gemmint

    The last decent Rose PSA 8 sold for 635.00 on ebay
    THE FLOGGINGS WILL CONTINUE UNTIL MORALE IMPROVES
  • gemintgemint Posts: 6,106 ✭✭✭✭✭
    Wow, the prices are actually going up? Last time I tracked auctions (about a year ago), I saw a few Rose 8's sell for $400 range. I figured with more 8s being graded that the prices would have dropped into the mid-$300 range.
  • I'm going to start saving my pennies, hope it doesn't sell now, and wait until it's listed again. Seriously, if I had the money available now, I'd pay that much for it. I have a near complete set of '71 raw cards, but I don't think many cards would even receive an "8". So I'd be looking at purchasing individual PSA graded cards and I would guess that I'd end up paying about that much anyway buying the cards individually when all was said and done. The only problem I'd have is that it takes the fun out of the chase.


    JEB.
  • gemint

    Emphasis on "decent"
    THE FLOGGINGS WILL CONTINUE UNTIL MORALE IMPROVES
  • My 2 cents

    1.Doc is one of the most knowledgable dealers/collectors around.

    2.The price on this set is fair and i would buy it if i had the extra green.

    3.If Steve puts it up for sale.....then IT IS for sale!

    4.I challenge Davilillo to put a 71 set (or any other vintage set) in this caliber together by submitting the cards HIMSELF instead of buying them.

    5.Im in for $20 but i get the Manny Sanguillen

    thanks
  • DavalilloDavalillo Posts: 1,846 ✭✭
    Dakota,

    My point if you read it was that it is easy to buy the vast majority of the set. I have no time to run around buying raw cards although I do have a raw nmt-mt set(like hundreds of other collectors). I will admit I am wrong if I am wrong but I predict he will not get a bid at his opening price..
    Guys wake up--the world is swimming in nmt-mt 1971 Topps.

    Davalillo
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