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Wagner Sells Again.

2dueces2dueces Posts: 6,585 ✭✭✭✭✭
in Trading Cards & Memorabilia Forum
$2.8M 6 months later. Nice little $450K profit.
W.C.Fields
"I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.

Comments

  • bifff257bifff257 Posts: 751 ✭✭
    Do you have a link????
  • stevekstevek Posts: 30,421 ✭✭✭✭✭
    Sure beats working for a living.
  • 2dueces2dueces Posts: 6,585 ✭✭✭✭✭
    Link
    W.C.Fields
    "I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.
  • bifff257bifff257 Posts: 751 ✭✭
    Thanks
  • jamesryanbelljamesryanbell Posts: 1,115 ✭✭✭
    Wow. Nice.

    I can't even believe a PSA Wagner exists. Talk about the ultimate card.

    How often do you see ANY PSA 8 T-206 cards, much less a Wagner PSA 8?

    Amazing.

    I remember when Gretzky bought it back in the day. I was freaking out about how much he paid for it. hahaha
    -- Ryan Bell
  • Alfonz24Alfonz24 Posts: 3,123 ✭✭✭✭✭


    << <i>$2.8M 6 months later. Nice little $450K profit. >>



    Wouldn't auction house commissions cut into that profit?
    #LetsGoSwitzerlandThe Man Who Does Not Read Has No Advantage Over the Man Who Cannot Read. The biggest obstacle to progress is a habit of “buying what we want and begging for what we need.”You get the Freedom you fight for and get the Oppression you deserve.
  • carew4mecarew4me Posts: 3,496 ✭✭✭✭
    Everything about that card....stinks.

    Loves me some shiny!
  • shagrotn77shagrotn77 Posts: 5,631 ✭✭✭✭
    I question the authenticity of the story. Anyone who would want the card bad enough to pay $2.8 million would have just purchased it for $2.4 million when it sold earlier this year. Or at the very least would not have paid alomst a half mil more for it now. If by some chance it is true though, that card is a legendary money maker. Every seller has made a killer profit.
    "My father would womanize, he would drink. He would make outrageous claims like he invented the question mark. Sometimes he would accuse chestnuts of being lazy. The sort of general malaise that only the genius possess and the insane lament. Our childhood was typical. Summers in Rangoon, luge lessons. In the spring we'd make meat helmets. When we were insolent we were placed in a burlap bag and beaten with reeds - pretty standard really."
  • GriffinsGriffins Posts: 6,076 ✭✭✭
    I wonder why the the last two sales have been private ones, and not in an auction.

    Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's

  • dizzledizzle Posts: 1,051 ✭✭


    << <i>Everything about that card....stinks. >>



    agreed
  • MooseDogMooseDog Posts: 1,948 ✭✭✭


    << <i>I wonder why the the last two sales have been private ones, and not in an auction. >>



    Read this book and you'll have your answer:

    The Card: Collectors, Con Men, and the True Story of History's Most Desired Baseball Card (Hardcover)
    by Michael O'Keeffe (Author), Teri Thompson (Author)
  • fur72fur72 Posts: 2,348 ✭✭
    Can anyone really think of a better investment than that card? Over $400,000 in what 6 months? Good retirement plan if you ask me.

    EDIT: Whats your beef with the Wagner card? Its great PR for the hobby.
    Cory @iamfur72 https://twitter.com/iamfur72

    My Sandberg topps basic set
    My Sandberg Topps Master set
    image
  • jmbkb4jmbkb4 Posts: 2,963


    << <i>Everything about that card....stinks. >>



    love the corners -- nice and sharp -- not wavy at all!

    image
  • GriffinsGriffins Posts: 6,076 ✭✭✭
    Moose- already read it, as well as all the other info over the last 7 years on 54 and Full Count.
    That was my point about the private sales. No eye rolling emoticon available though!

    Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's

  • sando69sando69 Posts: 276
    Everything about that card....stinks.

    this statement could not be more accurate!

    do you think scp will continue to retain their "minority" share each time they sell it...?
  • perkdogperkdog Posts: 31,942 ✭✭✭✭✭


    << <i>I question the authenticity of the story. Anyone who would want the card bad enough to pay $2.8 million would have just purchased it for $2.4 million when it sold earlier this year. Or at the very least would not have paid alomst a half mil more for it now. If by some chance it is true though, that card is a legendary money maker. Every seller has made a killer profit. >>




    Agreed
  • jamesgotpoormanjamesgotpoorman Posts: 1,682
    I did not even know that it was for sale.?.?>?

    I would have offered at least $3m for it.image

    How about buying shares of "Wagner" stock for anybody that wants to own apiece of it? Could we get "GARY" to start up this with $500 stock options for 6,000 CU members? We could all share days with it> (just like the Stanley Cup).
    succesful deals :richtree, Bosox1976, Bkritz, mknez, SOM, cardcounter2, ddfamf, cougar701, mrG, Griffins : thanks All

    Go Phillies
  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭


    << <i>I wonder why the the last two sales have been private ones, and not in an auction. >>



    Anthony -- where does your pity lie, though? I can't get too sympathetic about any buyer who chooses to spend nearly $3MM on a single baseball card without a) doing due diligence, or b) having done due diligence, not caring what the outcome/result is.

    ~m
    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.
  • BasiloneBasilone Posts: 2,492 ✭✭
    I wonder how many people actually know who the buyer at $2.35MM was? It seems to be the one "secret" that has not gone public in this hobby....yet.

    Since the card was showcased at the National this year, PSA knows who owned it.
  • RipublicaninMassRipublicaninMass Posts: 10,051 ✭✭✭
    Geez it would be a great idea for PSA to BUY it
  • AllenAllen Posts: 7,165 ✭✭✭
    If I every hit a powerball jackpot I will buy that card and send it to Mythbusters. I would much rather have a PSA 10 Mantle 1952 Topps anyways.
  • mikeschmidtmikeschmidt Posts: 5,756 ✭✭✭
    There has always been an interesting side-story, too, as it relates to ownership.

    More than one of the prior owners basically had a financial arrangement with PSA whereby the individual actually owned the card, but PSA was responsible for storing/insuring it. The advantage to PSA was that it was available for showcasing at certain publicity events over the years....the disadvantage should be somewhat obvious.

    Much akin to why many advanced art collectors will "donate" their masterpieces to a museum for a 99-year period of time, in exchange for insurance on the work of art.
    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.
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