A Tale of 3 1953 Bowman Color Lockmans PSA vs GAI
Basilone
Posts: 2,492 ✭✭
A GAI 8 1953 Bowman Color Whitey Lockman #128 sold tonight for $2426.99 ( Auction Link)
In the past month or so...2 other PSA 8 1953 Bowman Color Whitey Lockman #128 sold for $7,100 & $6,700 respectively (both PSA cards were also sold on eBay).
My opinion is that the market did not have confidence in this card crossing over to a PSA 8 or did want to take the gamble. In addition, I would guess some are wondering why this card was not crossed over to begin with. I would think it would be worth the extra couple of bucks to at least try it once or twice...right?
Any one care to share any additional thoughts?
John B.
In the past month or so...2 other PSA 8 1953 Bowman Color Whitey Lockman #128 sold for $7,100 & $6,700 respectively (both PSA cards were also sold on eBay).
My opinion is that the market did not have confidence in this card crossing over to a PSA 8 or did want to take the gamble. In addition, I would guess some are wondering why this card was not crossed over to begin with. I would think it would be worth the extra couple of bucks to at least try it once or twice...right?
Any one care to share any additional thoughts?
John B.
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Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
<< <i>Thats a big drop in price...according the set registry...Renaud is sitting on a PSA 5. >>
John - perhaps the question should be what is a PSA 7 worth? Certainly, in some sets, like 1933 Goudey, a PSA 7 can be worth tons of money, like in the Hugh Critz card. But if a PSA 7 Lockman isn't worth much - than I can't see a huge premium for this card.
Yes - others have found their 8s now, and perhaps there was a perception that, based upon the description, the seller knew what this card could comman in a PSA holder. Perhaps staying on top of the Pop Report for the next few weeks would be worthwhile - but for this many thousands of dollars - I would rather have an 8.5, or some sort of guarantee, etc.
MS
Setbuilders Sports Cards
Ebay: set-builders & set-builders2
<< <i>I also know of a PSA 8 that sold privately this month for $2500. >>
Norty-
Was the sale a:
a.) Collector to Collector Sale
b.) Collector to Dealer Sale
c.) Dealer to Collector Sale
d.) Dealer to Dealer Sale
The sale was dealer to collector. The dealer is kicking himself more than a little bit since his sale was the 2nd of the transactions noted above (ie before the $6700 sale and the GAI sale).
Setbuilders Sports Cards
Ebay: set-builders & set-builders2
Did he know about the 1st sale (the $7100 sale) before he sold the card? Yea...that one has got to hurt.
<< <i>or that the seller just isn't in touch with the recent prices realized >>
The seller actually listed the $7100 & $6700 prices as a point of reference in his auction, so he was well aware of the price points...jay
Website: http://www.qualitycards.com
ON ITS WAY TO NEWPORT BEACH, CA 92658
As I understand it, the buyer asked the seller what he wanted for the card. He quoted the $2500 price. The BUYER said no!!!! 2 days later the buyer came back to him and asked if it were still for sale @$2500. It was mentioned that one was up on E-Bay and stood at somewhere around $2700 (I am not sure of the exact price but it was a couple of days before the auction ended and well before the price skyrocketed to $7100 in the last 20 seconds). The Seller said that he would honor his offer at $2500 and, if the buyer wanted it, it was his for $2500. The buyer finally said yes. About 2 days later, the card hit $7100 and then the other came out shortly thereafter at $6700.
The ironic and disheartening part for the seller is that he submitted his card raw for grading in Chicago. PSA was so backed up that they couldn't do it at the show and took it back to Newport Beach. It took till the end of the next week to finish grading and a few days to ship it back to the dealer. But for the delay, his would have hit E-bay 2 weeks ahead of the one that sold for $7100.
Setbuilders Sports Cards
Ebay: set-builders & set-builders2
Sounds like a very honorable seller. I understand he may want his privacy, but if not and you'd be willing to share his name I'll certainly add him to my list.
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
He is a good guy, (though you wouldn't go to him looking for a bargain.....no, not Levi) a reputable seller and he has fantastic high grade material on a regular basis but I feel confident he'd prefer that I keep his name out of it.
Setbuilders Sports Cards
Ebay: set-builders & set-builders2
I certainly understand. Just too bad the good guys operate in anonymity and we're always hearing about the bad ones.
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
Always looking for 1957 Topps BB in PSA 9!
Any leads on the following PSA 7' is appreciated: 45, 47, 78, 113, 115, 128, 129, 135, 140 and 156.
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