I must be missing something

jackstraw

HERE

HERE

AND HERE

the briggs card is tough .

rbeaton

Maybe I should start going through my 76's

Robert

jackstraw

you probably have couple of THESE lying around

rbeaton

Here's what I probably have...

Robert

jackstraw

Got any room on that boat for me?

acowa

He was "run up" on all of these auctions by the same bidder (sdwetzel). It's hard to say what the market is with only 2 bidders. It will be interesting to see the snipe action (if any) at the end of the auction.

Regards,


Alan

JeffVN

When sdwetzel wants a card - he WANTS a card. I've been hammered into the ground on many a 74 and 76 auction by him.

interchanges

You could go to a show and find one raw for about $2.00 (I would think).
Some people don't want to wait, they want it now.
I cannot believe it's come to this! $100.00 1976 commons, in an EIGHT no less!

Good luck on that $20,000 set!!!!

gaspipe26

I gotta start loading 76's on Ebay. I have about 800 Ralph Garr's, I'm sure I have a few hundred 8's. I know both these bidders. There great guys. All I can say is BUY FROM ME I NEED ANOTHER HORSE!!!

waitilltheytrytosell

He's got a few other 1/3 and 1/4 cards on with no bids at $9.99. By the time you get your Garrs, Briggs, and Robertsons back you'll have to settle for a used alpaca.

Wabittwax

I've sold stuff to Scott Wetzel many times. He is a solid bidder, but that lafayette guy is insane. I find many auctions that I want that he is high bidder on and I don't even waste my time bidding on them anymore. If I did happen to win one that he bids on, I'd have to pay top, top dollar anyways.

jackstraw

the latest update

jackstraw

what a steal

PlayBall

I wonder if Joe Coleman and Lee May know how important they are? It's bidders like these that get people submitting cards, and allow the rest of us to build sets as the cards become available. I say thank you to lafayette and swetzel.

RedHeart54

I don't know if I trust a seller who literally writes "it's worth the gamble".

'76 Brett

mcastaldi

RedHeart> That seller says "This must be sent for grading" - OKFINE. . .why hasn't he sent it himself then? Combined with no scan, ain't no way.

Mike

carew4me

Those guys must collect for the pure love of collecting because these bids make no sense
from an investment standpoint.

Wabittwax

There's gotta be something crooked going on with that Brett auction. There is no way an ungraded Brett would go that high. My guess is both bidders are his friends. He's jacking up the price in hopes to find a novice collector who sees the action and thinks it must be a monster card. That would cost you a ton in EBay fees to play that game, so that really doesn't make any sense. I've sold a lot on Ebay and have never had an ungraded card do that. I've had PSA cards go nuts like that, but that Brett auction is a joke.

Vargha

Those prices for the 1976 cards are at the peak, gentlemen. Population reports are meaningless for cards that most people wouldn't consider even submitting. The quickest way to increase the population of a card and decrease its market value at the same time on modern cards is to realizes prices such as these.

RedHeart54

<< <i>The quickest way to increase the population of a card and decrease its market value at the same time on modern cards is to realize prices such as these. >>



Assuming you mean that more cards will be submitted, that should be a good thing (except, of course, for the seller). These bidding wars arise out of the fear that no one is going to bother sending in certain commons, and thus, these will be the only graded 9s in existence.

Vargha

It seems to be fueled by a combination of ignorance and impatience. But yes, you are correct. High prices inevitably lead to more submissions; resulting in lower prices. Some people feel the need to be the "first on the block". As a buyer, I hate them. As a seller, I say, "God bless them".

murcerfan

could it be the sideburns ?

mcastaldi

David> "The quickest way to increase the population of a card and decrease its market value at the same time on modern cards is to realizes prices such as these."
This is EXACTLY what happened to the market for 75T. Last spring, PSA8 commons were consistently going in the $10-$15 range with PSA9 commons at $25-$40. Then. . .dealers saw they had tons of 75s they could send in, so they did. The resulting flood of supply TOTALLY killed the market for pretty much anything other than low-pop and HOF stuff in 75T. As it stands right now, you're lucky to get grading fees back on PSA8s and many PSA9s don't even break $15 now. I know well that these bidders are oblivious to their role in devaluating their cards. By bidding crazy money, they encourage more supply; thereby removing the only thing which would justify those prices - scarcity.

For most sets 1975 and before, I'm pretty convinced that the overall population is large enough to identify the tough cards - at least relative to the other cards in the set (as opposed to the number of collectors wanting that card in a given grade). As a result, I can't imagine paying a premium on anything other than say the toughest 10% of the set - and then you can bottom-feed anything else. At least that's the way I read the market for 70s stuff right now.

Mike

Virtualizard

Mike,

You're absolutely correct. I joined the '75 Set Registry a little late (luckily) and I've been able to get to 50% completion and I haven't paid much more than grading fees for commons in PSA 8 and I've picked up some 9's for anywhere from $6 to $15. Even the stars and HOFers haven't been that expensive. I know that there are a few cards that I will have trouble with in the future, but I haven't even considered submitting cards myself when I can get them so cheap on ebay.

This will eventually happen to every set on the registry. I'm sure my '70 Topps Baseball set contains many cards that I've paid much more than current market prices for. Oh well. You live and learn. That's why I haven't been too active on any other sets recently. I've started picking off '69s here and there.

Like Mike stated, as the pops increase, the true rarities will begin to show. These cards will continue to sell for premiums. Everything else will become a high-pop common.

JEB.

mrc32

I agree with the general idea that people have stated here that as more and more cards get submitted that the prices will come down. But I would add that I think that will happen much more for 60's cards and up. I don't think there is enough high quality and pre-war cards to bring the prices down that much. That is unless ever person with a top notch raw set decides to submitt thier cards for grading at the same time.

Wabittwax

I've noticed that too on the 1975's. At the current prices on 75's, dealers will quit submitting them. Due to the Set Registry's growth and the popularity of the 1975 set, eventually demand will catch up again with supply. If you get 50 people who are really serious about making that set and upgrading it, prices will go back up again. Imagine that though, 50 people! There are 300 million in this country. I think PSA cards on 70's stuff and earlier really have a huge potential upside. Imagine if 1000 people were seriously making the 1975 set. Anything with a pop lower than 500 would go for monster cash, and 1000 people is still only a tiny drop in the bucket compared to 300 million. Kinda exciting longterm, isn't it?

pc

<< <i>Those guys must collect for the pure love of collecting because these bids make no sense
from an investment standpoint. >>



for you to include the phrase "investment standpoint" makes less sense.

pc

"These bidding wars arise out of the fear that no one is going to bother sending in certain commons, and thus, these will be the only graded 9s in existence".

not quite.the bidders know 1000s of these will be submitted.the prices realized are due
to those wanting to be first to complete the set in a particular grade without regard to
the cost.