The most expensive PSA 10 card on eBay right now is.....
jmbkb4
Posts: 2,963
jmbkb4
Posts: 2,963
jmbkb4
Posts: 2,963
Comments
What is it?
It's quickly approaching what I paid for my Avatar.
<< <i>Agreed "to each their own" but that is some really lame sh*@. When I go to shows and I see the guys selling cards like that I always wonder who the heck buys that? >>
Collectors buy it. It is a Magic the Gathering card - very rare. Not much different than collecting cardboard with sports figures. That particular card is the "Honus Wagner" of the MTG set.
(My wife plays MTG.)
<< <i>$9,000 for a rare card from 1933 like Goose's Lajoie which is rare for a reason is one thing, but this is ridic! >>
I know "collectors" collect them, but I don't get the whole MTG thing. I don't understand the game nor how rare cards from 1993 could actually be. That may be why I am not into modern sportscards either.
But you're right, To each ... their own
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<< <i>That is crazy.
I know "collectors" collect them, but I don't get the whole MTG thing. I don't understand the game nor how rare cards from 1993 could actually be. That may be why I am not into modern sportscards either.
But you're right, To each ... their own >>
Yeah, no kidding. My wife has tried a couple times to learn me to play.
Also, it is not only a game but the cards are considered "trading cards" and at most meetings where they play, the first hour or two are spent trading cards back and forth.
It's not unlike sports cards collectors - there are fanatics out there!!!
Lee
This does seem silly, but hey--- all collecting is, at its core, an irrational enterprise. Virtually NONE of the stuff that anybody ever collects-- and that includes baseball cards-- has any innate value, so if you 'don't get it' of course you're going to think it's ridiculous. When this card's sale is put in the context of the MTG collectibles market then I'm sure it makes perfect sense. When put in a broader context it looks like lunacy, but then so does the hammer price for a low pop PSA 9 1971 Topps common.
I don't have anything to do with MtG but know enough about them to understand that what they do is what we USED to do in the old days with sports cards. The whole thing is contingent upon the value YOU put on the cards in relation to your deck. For example, if you need a good kill card (whatever it's called), you trade some of your cards to get one....or vice versa. In some decks, what would be a 'good' card would be a 'throwaway' card in another. Remember those days before all the price guides and plastic slabs where you would trade cards to a friend because you wanted to get more of your favorite player or team and everything had a base 'value' of 1-cent?
The reason I cried "hypocrite" (with tongue firmly planted in cheek) is that to nearly all MtG players, something like this PSA 10 would be ludicrous. They look at their decks and see cards that are all about the same base value with no consideration for condition. How dare they grade a card (why???) and why should anyone pay thousands for one (despite its rarity)? Sounds like what happened in the sports cards world, huh?
<< <i>This does seem silly, but hey--- all collecting is, at its core, an irrational enterprise. Virtually NONE of the stuff that anybody ever collects-- and that includes baseball cards-- has any innate value, so if you 'don't get it' of course you're going to think it's ridiculous. When this card's sale is put in the context of the MTG collectibles market then I'm sure it makes perfect sense. When put in a broader context it looks like lunacy, but then so does the hammer price for a low pop PSA 9 1971 Topps common. >>
Well spoken.
Both are pieces of paper with no inherent value.
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it looks like someone is coming into some money soon, $9,000 or so
I dont get it, but like you say, most people dont get card collecting
What are you going to do with all that damn money?
joe
I cant think of a single card ive paid 9 large for, but maybe I need to get out more often.
What in your set is worth 9K? Is it a piece of crap?
I did laugh though when I read that
joe
<< <i>what a piece of crap >>
Yeah, but look on the bright side- at least it's in a PSA holder.
<< <i>
<< <i>what a piece of crap >>
Yeah, but look on the bright side- at least it's in a PSA holder. >>
See, there always IS a silver lining!
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None, really, and that's my point. It's silly to look at what some collectible is selling for and say 'that's ridiculous', because essentially all prices paid for collectibles are ridiculous. This Black Lotus card makes no sense to me, but then I don't collect MTG cards. I'm sure the guy buying this card can't understand how a LeBron James RC can sell for 15K, and I'm sure the guy with the Exquisite LeBron card can't understand why a '62 Landrum in PSA 8 can sell for $4000.
IMO these kinds of purchases can't be looked at in a broader context; i.e., 'what else could that have money have bought?' Instead, they have to be looked at in the context of the market for like collectibles, i.e., 'Is this price high or low based on what similar items have sold for in the past?' That's the only prudent way to look at this stuff. I admit I'm not shifting any paradigms here-- other posters in this thread have basically said the exact same thing-- but I thought it was worth reiterating.
<< <i>Agreed "to each their own" but that is some really lame sh*@. When I go to shows and I see the guys selling cards like that I always wonder who the heck buys that? >>
That's what the rest of the world says about us.
<< <i>What collectibles besides coins, currency and stamps has any innate value? Also, the innate value of those are typically known at a glance, 1 cent, 1 dollar, 4 cent stamp, etc. Granted the coins that are made of gold or any other precious metal have "innate value" but they typically sell for far more their face or market(precious metal) value. >>
What does have innate value -- on this earth? Do gold bars or diamonds?
<< <i>What does have innate value -- on this earth? >>
1993 Finest Refractors, and that's about it.
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<< <i>
<< <i>What does have innate value -- on this earth? >>
1993 Finest Refractors, and that's about it. >>
Thank you! You solved my complex riddle. I do believe they're worth their weight in gold!! Usually far more than that.
<< <i>
<< <i>
<< <i>What does have innate value -- on this earth? >>
1993 Finest Refractors, and that's about it. >>
Thank you! You solved my complex riddle. I do believe they're worth their weight in gold!! Usually far more than that.
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It is, to each his own. I don't get it either. In my opinion there's not a single card printed the last 15 years that's 'really worth' more than $2500. Most of the expensive newer cards are from a created scarcity derived from numbering them and thereby limiting the production. True scarcity and created scarcity are two different things entirely.
I would imagine the Magic cards are pretty much all played with and finding mint examples from the very beginning of their conception is tough and it's what's driving the prices upward.
Personally, I know nothing about them and never will or care to.
If the buyer feels comfortable paying stupid money for a 1990's card, then ROCK ON with their role playing investment vehicle.
<< <i>The difference in value from a Honus Wagner to a 1990's printed card is true scarcity. Also having 90 years between the time they were printed helps.
It is, to each his own. I don't get it either. In my opinion there's not a single card printed the last 15 years that's 'really worth' more than $2500. Most of the expensive newer cards are from a created scarcity derived from numbering them and thereby limiting the production. True scarcity and created scarcity are two different things entirely.
I would imagine the Magic cards are pretty much all played with and finding mint examples from the very beginning of their conception is tough and it's what's driving the prices upward.
Personally, I know nothing about them and never will or care to.
If the buyer feels comfortable paying stupid money for a 1990's card, then ROCK ON with their role playing investment vehicle. >>
Uh, correct me if I'm wrong, but isn't all scarcity 'created'? The '33 Goudey Lajoie is scarce, but only because so few of them were created. An Exquiste Lebron James is scarce, because.... well, because so few of them were created. The implication here is that......
<< <i>The difference in value from a Honus Wagner to a 1990's printed card is true scarcity. Also having 90 years between the time they were printed helps.
It is, to each his own. I don't get it either. In my opinion there's not a single card printed the last 15 years that's 'really worth' more than $2500. Most of the expensive newer cards are from a created scarcity derived from numbering them and thereby limiting the production. True scarcity and created scarcity are two different things entirely.
I would imagine the Magic cards are pretty much all played with and finding mint examples from the very beginning of their conception is tough and it's what's driving the prices upward.
Personally, I know nothing about them and never will or care to.
If the buyer feels comfortable paying stupid money for a 1990's card, then ROCK ON with their role playing investment vehicle. >>
You're trying to justify your point, but your glaring disdain for modern cards is all I "see."
<< <i>Aren't there quite a few Black Lotuses out there? Is it the autograph that makes that particular card worth so much? >>
That and the fact that it is a 10. I've seen several PSA graded Black Lotus cards.
<< <i>Aren't there quite a few Black Lotuses out there? Is it the autograph that makes that particular card worth so much? >>
Scarcity only matters in its relation to demand.
<< <i>
<< <i>Aren't there quite a few Black Lotuses out there? Is it the autograph that makes that particular card worth so much? >>
Scarcity only matters in its relation to demand. >>
Exactly. Look at the Wagner. No where near the scarcest card ever (I'm not counting the black refractor printing plate duplex chrome cards). There are probably 60+ Wagners floating around compared to about 5 or 6 Leaf Graziano's.
Arthur
Seeking primarily PSA graded pre-war "type" cards
My PSA Registry Sets
34 Goudey, 75 Topps Mini, Hall of Fame Complete Set, 1985 Topps Tiffany, Hall of Fame Players Complete Set
Only 23 more minutes left in the auction!!!
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<< <i> These are considered pieces of art. This is signed by the artist. >>
I was going to ask about that. I can see paying a premium for a card with art, signed by the artist (not quite like having a signed original, but still rather cool.) Not a five figure premium, but something over and above the market value of the card itself.
The Joe Chiodo card that Bunker posted is one that would look great signed by Joe. I have a lot of HC comic and SF art books and several feature signed bookplates. It's a nice little bonus to the package.
IF (and that's a big IF) CCG's continue to be popular, the sky is the limit for this card. I see posts on this board all the time about kids buying Pokemon and Yu-Gi-Oh instead of baseball cards... well, those are the equivalent of "modern" CCG's to Magic's "vintage." As those collectors mature, they will gravitate to the rarer, older, and more valuable cards in their genre (as most of us did with sports cards). I don't collect CCG cards either, but it's easy to see why people do, and why they pay what seems like ridiculous sums for these cards we don't understand.
Joe
<< <i>There's no telling the future of course, but Magic cards have retained their value over the past decade, and the early sets have seen healthy appreciation. Magic has spawned hundreds of other collectible cards games, and is still hugely popular. As mentioned, very few Alpha cards were printed, and no one had any idea they would ever be worth money to collectors (sound familiar, baseball card collectors??). No one put these in toploaders or 800ct boxes, they played with them. Black Lotus is the most well-known and coveted card to collectors, and to have it in PSA 10 and signed by the artist is quite extraordinary.
IF (and that's a big IF) CCG's continue to be popular, the sky is the limit for this card. I see posts on this board all the time about kids buying Pokemon and Yu-Gi-Oh instead of baseball cards... well, those are the equivalent of "modern" CCG's to Magic's "vintage." As those collectors mature, they will gravitate to the rarer, older, and more valuable cards in their genre (as most of us did with sports cards). I don't collect CCG cards either, but it's easy to see why people do, and why they pay what seems like ridiculous sums for these cards we don't understand.
Joe >>
Agreed. Those who have posted that these MTG cards are worthless merely because they "aren't baseball vintage" are not only intellectually shallow, but also extremely illogical.