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Recent Huggins and Scott auction, psa 1 '52 mantle.

So I couldnt help but notice the latest Huggins and Scott auction offered a PSA 1 1952 Mickey Mantle which ultimately sold for a whopping $3,500.
I've been religiously scouring the market for a fine PSA 1 or 2 example and must say this $3,500 price tag was a mighty fine buy for a PSA graded '52 mantle.

In hindsight i'm kicking myself for not bidding on it myself, however it makes me wonder what does this mean? Was it a fluke, did the buyer get lucky? Or is this a classic example of wait long enough and the price will be right? Or has the economic impact truly created a price drop?

Granted the card is a PSA 1 and just a "decent" 1"" for that matter, no paper loss or major creases and certainly not like some of the 707 ones being offered at double the price where you can barely make out the image of mantle.

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Collection: https://flickr.com/photos/185200668@N06/albums

Comments

  • akuracy503akuracy503 Posts: 1,923 ✭✭✭
    I guess cash truly king at this point. I hope the prices continue to entice and more of these examples become available.

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    Collection: https://flickr.com/photos/185200668@N06/albums

  • bobbyw8469bobbyw8469 Posts: 7,144 ✭✭✭
    The 1 on H&S was actually a VERY nice one. The front looked like a 4....the major issue with the card was the major paper loss on the reverse due to scrapbooking......if you wanted a superb eye appeal 1 though, that was the one to get!
  • KbKardsKbKards Posts: 1,782 ✭✭✭
    And after you add the buyer's premium of 15% to the $3500 hammer price the price the buyer paid was $4025.
  • akuracy503akuracy503 Posts: 1,923 ✭✭✭
    Even at $4000 this was a bargain compared to what you'd see offered on ebay for the past couple years.

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    Collection: https://flickr.com/photos/185200668@N06/albums

  • Still about $1 000 more than the one they sold in their last auction, though this one looked much better

    If I could afford $4 000 toys I would put that Mantle in a mostly raw mostly g-vg set and then see if it could sell for $12k
    Tom
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