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confused- sportscardplus record 1952 topps set sale?

RG58RG58 Posts: 119 ✭
in PSA Set Registry Forum
I was perusing my SMR today and noticed that on page 145 SportsCards Plus is advertsing for sale an almost complete set of PSA 8 NM-MT 1952 Topps cards.

On the next page of the SMR (p146) , as well as on the PSA website, an article is written discussing the latest hobby record of this same? 1952 set sold to an anonymous collector for 400,000 bucks! and is a record-breaker for a post-war set.

I guess I don't understand how they are saying on one page (p 145) that all the cards are actively for sale from SportsCards Plus (breaking up the set) yet on the next page the set has already been sold for a record price.

Explain?

Comments

  • kobykoby Posts: 1,699 ✭✭
    I notice that too.

    Maybe SCP has two 1952 Topps sets.
  • RG58RG58 Posts: 119 ✭
    The cert # on the Mantle is the same on both pages- thus I assume the cards are the same from the "record" sale that are now being sold off individually by SCP on page 145.
  • CoolidgeCoolidge Posts: 96 ✭
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  • WhaleWhale Posts: 73 ✭
    As you say they're advertising an almost complete set. This means some of the cards are missing. One of the people who'd have most interest in purchasing a complete set of 1952's would be a guy who collects the set himself but was down to needing many of the most difficult cards. They seldom come up for sale and sell for 5-20 times SMR when they do. The cheapest way to buy these cards is in a complete set. The buyer of the set paid less than 1.4 times SMR for every single difficult card he needed that would have cost him 5-20 times SMR and several more years of looking. One shot he got all the cards he needed. Then all the buyer had to do was have SCP send him the cards he needed, and then he consigned the rest to SCP for retail sale. The real value of a set is reached by breaking it up. After everythings sold off he may wind up into the cards for less than 1.4 times SMR. Understand now?
  • RG58RG58 Posts: 119 ✭
    Its sounds by definition to me that the set really never exchanged hands between SCP and the anonymous buyer- thus it is not truly a record-breaking sale.

    In other words, if I bought the set for 400,000 but SCP promises to sell off 3/4 of the set for me after the sale (I never receive the cards I don't need!) by breaking it up in to singles for an estimated 300,000, is that truly a sale of the whole set? Do you think SCP is invested in this set behind the scenes?
  • cardboardcollectorcardboardcollector Posts: 2
    This seems to be a bunch of SCP hype.

    This appears to be the same set that went UNSOLD in the recent SCP/Sothebys December auction because it did not reach the udisclosed reserve.

    I have heard that this reserve was much less than $400,000. So what kind of MORON would pay $400,000 for a set only months after it failed in a public auction to meet a reserve less than that?

    I heard that a similar situation happened with the T206 Wagner from the same sale.

    They have hundreds of cards from that set advertised in the current SMR. The Mantle appears to be the exact same card from their earlier auction, so I assume the balance is as well.

    A buyer and a seller could come up with any price that they wanted to advertise if the dealer was willing to buy the majority of the set back at another inflated price. If a customer wanted $100,000 in cards from a set you were selling, why not just sell the set for $1,000,000 and buy back the balance at $900,000?

    We should be aware of two things here:

    1. SCP is using questionable methods for their hype.

    2. The items in the SCP/Sotheby's auction have hidden reserves that you do not know about when bidding. Don't fret if you do not win the item though, it may be offered to you privatley after the sale.

    This whole thing wreeks.

  • CoolidgeCoolidge Posts: 96 ✭
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  • DaBigHurtDaBigHurt Posts: 1,066 ✭✭
    There's no doubt Sportscards Plus is one of the great pillars of our hobby. I don't see why they would lie about something as big as this. $400,000 is the highest ever paid for a set and it sounds legit to me. It's even reported by PSA! Why would PSA lie about something like this?

    image

    GO MARLINS! Home of the best fans in baseball!!
  • CoolidgeCoolidge Posts: 96 ✭
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  • RG58RG58 Posts: 119 ✭
    I do not think PSA has any link to this sale. If SCP told them it was a "record breaker" that is newsworthy and I am not surprised it would be on their website.

    SCP advertisers missed the boat by putting the advertisement for the cards in the same SMR as an article about the record breaking price for a set.

    Its just another example how these auction houses leave a sour taste in my mouth and may be artifically inflating the prices of cards.
  • kobykoby Posts: 1,699 ✭✭
    Hidden reserves are bad. image
  • IJustLoveCardsIJustLoveCards Posts: 1,345


    << <i>There's no doubt Sportscards Plus is one of the great pillars of our hobby. I don't see why they would lie about something as big as this. $400,000 is the highest ever paid for a set and it sounds legit to me. It's even reported by PSA! Why would PSA lie about something like this? >>




    you are either:

    A) A shareholder

    B) Believe everything someone tells you

    C) work for either psa or scp

    D) All of the above
    The Link below will take you to the PSA Boards 1952 Set Build, I also have made 5 slideshows each slideshow is 100 cards long, card numbers 1-99,100-199,200-299,300-399, and 400-407
    Link To Scanned 1952 Topps Cards Set is now 90% Complete Plus Slideshows of the 52 Set
  • BuccaneerBuccaneer Posts: 1,794 ✭✭
    Try E).
  • DCDSportsDCDSports Posts: 40
    Hey, this might seem out of line, but has anyone thought to CALL SCP and ask them about it? Rather than just making assumptions from incomplete information, how about giving them a ring? See what they have to say.

    Doug
    "I saw Jacques Cousteau at the grocery store in L.A. once & I watched to see what he would buy, but he only got corn chips & some shoelaces & I don't know what I expected, but I would've settled for a can of chunk light tuna even. "
    Brian Andreas
  • AxtellAxtell Posts: 10,037 ✭✭


    << <i>

    << <i>There's no doubt Sportscards Plus is one of the great pillars of our hobby. I don't see why they would lie about something as big as this. $400,000 is the highest ever paid for a set and it sounds legit to me. It's even reported by PSA! Why would PSA lie about something like this? >>




    you are either:

    A) A shareholder

    B) Believe everything someone tells you

    C) work for either psa or scp

    D) All of the above >>



    I can't help but think that his posts are sarcastic in tone. I don't think anyone can be as blindly loyal to a company as this person is.
  • WhaleWhale Posts: 73 ✭
    Dear Morons,

    If you look at sets or big groups in auctions like Mastro you'll often see what appears to be the same lot as what you saw in the last auction. If you look closer though there's differences. It's very common for higher budget collectors to purchase complete sets or large groups for the sole purpose of adding to or upgrading sets they're working on. They swap out or remove what they need and then consign the whole thing right back to the auction house. In many cases purchasing a large group or higher level set is the only way they can obtain what they need, so they're forced to buy a lot of stuff they don't need. They have no means or desire to sell the extras off themselves so it all goes right back to the auction house on consignment.
  • kobykoby Posts: 1,699 ✭✭
    So you are saying that a real sale did take place and a check in the amount of $400000 was written?

    Then the owner consigns certain cards back to SCP?
  • interchangesinterchanges Posts: 864 ✭
    Dear Whale

    You're on this board one month and you get off calling us morons?

    Go eat a five pound pork chop and go to bed know it all.
  • Carew29Carew29 Posts: 4,025 ✭✭

    I used to like going to SCP'S store before they realized they could make money at doing this. You walk in now and half of the stuff on display you can't even afford.

    Marc
  • murcerfanmurcerfan Posts: 2,329 ✭✭


    << <i>Dear Whale

    You're on this board one month and you get off calling us morons?

    Go eat a five pound pork chop and go to bed know it all. >>





    You Go, Scotty
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  • CoolidgeCoolidge Posts: 96 ✭
    waitilltheyfindoutwhaleisjimmyfromsevenohseven imageimage
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  • murcerfanmurcerfan Posts: 2,329 ✭✭
    Wow....Mikey, I'm shocked image

    ...........this place really has turned to shit after all.


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  • TabeTabe Posts: 6,060 ✭✭✭✭✭


    << <i>I can't help but think that his posts are sarcastic in tone. I don't think anyone can be as blindly loyal to a company as this person is. >>



    That's exactly what I've been thinking for months. They certainly come across as sarcastic to me.

    Tabe
  • dstudebadstudeba Posts: 215 ✭✭
    mmmmmm. bouncing cheese.
    Search and Track Auctions Automatically


    Collectable
  • WhaleWhale Posts: 73 ✭
    I sure don't know it all but there doesn't have to be a moronic conspiracy spun every time a big announcement is made. SCP said they sold a set. SCP listed cards for sale. I don't have any proof that exactly what I said happened but it's much more likely to be true than the moronic accusations that were made here. They have a good reputation and could be selling your consignments in their next auction.
  • RG58RG58 Posts: 119 ✭
    serial number on mantle card is same in sale as in auctioned off set. Look for yourself.

    my guess is money never changed hands between SCP and anonymous buyer
  • DCDSportsDCDSports Posts: 40
    Perhaps they used a stock 52 Mantle photo from their archives? Again, I'll ask . . . has anyone thought about CALLING them and asking "what's the deal?" Seems like people would rather assume the worst, and believe it, than make an attempt to find out details.

    Doug
    "I saw Jacques Cousteau at the grocery store in L.A. once & I watched to see what he would buy, but he only got corn chips & some shoelaces & I don't know what I expected, but I would've settled for a can of chunk light tuna even. "
    Brian Andreas
  • RG58RG58 Posts: 119 ✭
    dcdsports,

    thats called "false advertising" if they are not selling the same card! Would you not be pissed if they were showing a Mantle for sale and you paid 50 gazillion dollars and you did not get the one advertised? Would you not be pissed if you owned that Mantle and SCP was advertising it in part of a sale or auction just because it was some "stock" photo laying around? Come on!

    I do not care enough to call SCP... but it is fun (and easy) to create debate on it on the message board!

    finding out the real truth would just spoil the fun-- isn't that why we debate on the boards to begin with!

    Peace
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