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You have got to be joking,
** Working on the following sets-2013 Spectra Football Hall of Fame 50th Anniversary Autograph set, 2015 Spectra Football Illustrious Legends Autograph set, 2014-15 Hall of Fame Heroes autograph set. **
<< <i>I'm not sure, but the seller is an idiot if he doesn't lower the reserve asap. >>
QFT
** Working on the following sets-2013 Spectra Football Hall of Fame 50th Anniversary Autograph set, 2015 Spectra Football Illustrious Legends Autograph set, 2014-15 Hall of Fame Heroes autograph set. **
<< <i>haha - that's a $5 card in a couple of years >>
That statement has a very realistic chance of being true.
reserve NOT MET? "$18,533.00 delivered..... no thanks. I'll wait for someone to make a good offer!"
'Sir, I realize it's been difficult for you to sleep at night without your EX/MT 1977 Topps Tom Seaver, but I swear to you that you'll get it safe and sound.' -CDs Nuts, 1/20/14
Come on, you guys to believe him that this will be the Honus Wagner of all cards years from now!!!!!!!!!!!!!LOLOLOLOLO
1911 C55 hockey 1935 National Chicle 1961 Golden Press 1962 Bell Brand Dodgers Top 200 cards in the hobby Top 250 cards in the hobby All time lakers All time Dodgers 1957 Disney Characters 1965 Donruss Disneyland 1966 Get Smart Brian
Blake Griffin, John Wall, even Lebron's RC's weren't this crazy.
I bet this card goes for at least 25k. 5 days to go he doesn't need to lower the reserve. If Lin has a big night expect the card to jump over 20 real quick...
I'll candidly admit I am not a basketball fan and don't follow the NBA. With that said, Lin and his amazing to date run have not escaped me. What does surprise me is that there was such a card made of him, last season, and he was, as I understand, an undrafted NBA rookie. That boggles my mind more.
<< <i>If Lin continues his positive "slope" of production >>
Now, if you worked for ESPN, you would be fired for that statement! LOL
STAY HEALTHY!
Doug
Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
<< <i>If Lin continues his positive slope of production I'd say it caps at 25k. If he stalls, and if NY loses ... 20k. >>
I see what you did there.
I wonder what the seller's reserve is. Five days to go, and if the Knicks hold off the defending champs I'd say the price will continue to rise. I'm actually enjoying Lin - he's a refreshing face, and the NBA is much more watchable when the Knicks are relevant.
edit: Doug beat me to it. I took too long trying to add to the conversation at hand.
<< <i>If Lin continues his positive production I'd say it caps at 25k. If he stalls, and if NY loses ... 20k. >>
I see what you did there.
I wonder what the seller's reserve is. Five days to go, and if the Knicks hold off the defending champs I'd say the price will continue to rise. I'm actually enjoying Lin - he's a refreshing face, and the NBA is much more watchable when the Knicks are relevant.
edit: Doug beat me to it. I took too long trying to add to the conversation at hand. >>
+1
22 points 9-14 8 assists 4 turnovers
Through 3 quarters. That's NBA super star numbers!
He could be the next huge superstar and his cards will not be worth more than they are right now.
I can remember in 98/99 when Peyton Manning PSA 10/BGS 9.5 SP Authentic rookies were selling for 10k. Then they fell to about 2500 for a year or two and then of course dropped even more over the years.
I think we can all agree he has had a great HOF career.
Always sell while the iron is hot in America when it comes to sportscards.
** Working on the following sets-2013 Spectra Football Hall of Fame 50th Anniversary Autograph set, 2015 Spectra Football Illustrious Legends Autograph set, 2014-15 Hall of Fame Heroes autograph set. **
This seller bought the card for $1000 and I think was on WFAN and done interviews about the card so he's getting a lot of attention. He should definitely take whatever he can get for it. While this is a rookie patch auto, you know that Panini will be making more Lin autos and will make great Knicks cards for him and then those will be the focus. He's got a sticker auto coming out in the new Hoops set and I bet even those will go for crazy money.
Tom Brady is the example I always use when I talk about a "nobody" whose RC's wind up selling for crazy money - but we all know what Brady has done. Like Ichiro, Lin will benefit from people outside the US also wanting examples of his cards but unless he carries the Knicks to a championship this year, I do not see his cards holding thier value in the long run. I say sell now, take the money and run.
i could pay off my entire college loan for that much and still have $6,000 left!!! (massage school) that seems like a better use of $18,000 to me anyone want to give me $12,000??? i will give my entire collection..wich will be worth more than that card in 5 years..oh heck one year
These will not get paid for. This is just like the rally squirrel card. This is shill bidding at its best. Have your friend drive up the price knowing he won't exceed your reserve price and hope some other morons follow.
This guy is clearly making an exciting run and his short run stats are great but when there is this much profit on the table sellers will overwhelm buyers very soon and drive prices down tremendously.
You have to love capitalism because theoretically moments like this exist where greed over takes all thinking and someone could make a killing. A few will do very well on this insane move higher in his cards if they hit the sell button.
I personally would sell any item you can as fast as you can regardless of his long run success.
I do find it amazing that there are bidders that are willing to bid these crazy amounts. To think there is still 4 days left in the auction. I've got to think the seller must be really happy with the bidding so far.
This is not a knock on the OP whatsoever since the responses aren't really answering his question, but are we going to have one of these threads every time a modern rookie card breaks 10k? It's well-documented that these cards won't hold their value over the long run. Neither did all the rookies we bought in the 80s and 90s when they first came out. It's the same game, there are just fewer cards made and more money is at stake per card. If Frank Thomas had a 1990 rookie card that was autographed and only 25 were printed, it would've sold for $10k+ in 1991 because there would've been more than 25 really rich guys that wanted it. Just like with Lin now.
Call the seller whatever you want, but he had the foresight to buy the card for a grand and spend the most money possible on grading to get it back asap so he could list it on ebay before Lin came back to earth. How many of you guys would've done that given the opportunity? How many of you would've turned around and taken the first $5k offer and left $14k+ on the table? Now he's got $19k+ in his hand and could conceivably get more. This seller knows what he's doing.
And for what it's worth, Lin has game and will be at the very least a solid NBA starter (assuming no major injuries) and probably a leading all star vote getter every year that he plays. You don't accidentally put up 22 pts and 8 assists a game for a 2 week stretch when the spotlight of the world is on you. This is not a flash-in-the-pan type situation, and there's zero chance this card will ever be worth $5.
The potential pool of buyers is much bigger than Peyton Manning.
NYC + national exposure (worldwide) + potential pool of Asian fans = a lot of potential buyers. The indianapolis colts, or say the raptors for vince carter, not the same thing.
His turnovers have been crazy, but how many other point guards have ever averaged 22 points, 8 assists their first two weeks starting? He's shown an awful lot of clutch ability for a flash in the pan. I don't think Nash or Jason Kidd were hitting 3's like this at the buzzer.
The prices are crazy. His knicks debut jersey sold for $40 k? Can't you buy a Jordan jersey for that? I wouldn't be suprised if one of his jerseys top $100 k, like his palo alto or harvard. There's so much $$$ in NYC.
This is what I am going to say about Lin... I have been in business since 1988, and I cannot recall ANY player's cards rise this much this fast.
Panini America posted an article on their blog where they took a basket of Lin's cards and analyzed the price change between January and February 15th, and the basket rose from $78.98 to $6,405.77--an increase of around 8,100%. Blog Entry
I only had one Lin common rookie, and I listed that on Feb. 11th hoping to sell it before he tanked, and it sold within a few hours for $29.95--when the day before only a few cracked $20. Yesterday, someone pulled a Lin autograph in my store and wanted me to sell it for them. The same card had sold around $220-$240 the day before, and this one came out of the pack with a small ding, so I listed it at $274.95. Within a few hours, someone bought and paid for it at the full asking price.
Tony thanks for posting that blog entry. Very interesting.
I just checked past sales and instead of starting with highest prices started with lowest price. OUCH!!! There are a good number of transactions from a month ago with similar prices to the blog entry.
These meteoric increases all end the same way. If you bought a stock and somehow it managed to zoom from $3 to $400 in a month there comes a point where the profit is too great and the sellers line up. Once the prices start dropping there is very little you can do to stop them from falling.
This guys cards are clearly not going back to where they came from anytime soon but very soon these laughable prices will correct 50% to 70% at least which would still be dramatically higher then there where they came from.
After looking further at the recent sales I just noticed something that will prove to be a problem very soon. There are a lot of transactions from a week or so ago at the much lower prices. Many of those same cards will certainly come for sale. The problem is many of the buyers will most likely not receive the cards and will have them listed anyway and then not be able to deliver them at these inflated prices. They are essentially short the card and simply hoping the second they receive it they can flip it for the profit. This is going to be a problem for a lot of these transactions for sure and this is how a market peaks.
<< <i>Tony thanks for posting that blog entry. Very interesting.
I just checked past sales and instead of starting with highest prices started with lowest price. OUCH!!! There are a good number of transactions from a month ago with similar prices to the blog entry.
These meteoric increases all end the same way. If you bought a stock and somehow it managed to zoom from $3 to $400 in a month there comes a point where the profit is too great and the sellers line up. Once the prices start dropping there is very little you can do to stop them from falling.
This guys cards are clearly not going back to where they came from anytime soon but very soon these laughable prices will correct 50% to 70% at least which would still be dramatically higher then there where they came from.
After looking further at the recent sales I just noticed something that will prove to be a problem very soon. There are a lot of transactions from a week or so ago at the much lower prices. Many of those same cards will certainly come for sale. The problem is many of the buyers will most likely not receive the cards and will have them listed anyway and then not be able to deliver them at these inflated prices. They are essentially short the card and simply hoping the second they receive it they can flip it for the profit. This is going to be a problem for a lot of these transactions for sure and this is how a market peaks. >>
David, this is EXACTLY the climate for prospectors and scammers to come out and make a quick buck (but potentially lose as well). From shorting, to schilling, to not completing transactions, anyone in the market for a Lin card needs to be careful.
Comments
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You figure it out.
<< <i>I'm not sure, but the seller is an idiot if he doesn't lower the reserve asap. >>
I agree 100%!
<< <i>I'm not sure, but the seller is an idiot if he doesn't lower the reserve asap. >>
QFT
<< <i>haha - that's a $5 card in a couple of years >>
That statement has a very realistic chance of being true.
reserve NOT MET? "$18,533.00 delivered..... no thanks. I'll wait for someone to make a good offer!"
-CDs Nuts, 1/20/14
*1956 Topps baseball- 97.4% complete, 7.24 GPA
*Clemente basic set: 85.0% complete, 7.89 GPA
PSA HOF Baseball Postwar Rookies Set Registry- (Currently 80.51% Complete)
PSA Pro Football HOF Rookie Players Set Registry- (Currently 19.80% Complete)
PSA Basketball HOF Players Rookies Set Registry- (Currently 6.02% Complete)
....I recall when JOBA rookies where in the thousands...here we go again...
keep this in mind...
he's averaging 50% more turnovers than the league leader in turnovers....
Ebay Store:
Probstein123
phone: 973 747 6304
email: rickprobstein1@gmail.com
Probstein123 is actively accepting CONSIGNMENTS !!
<< <i>sellers name is linspiration - hysterical !!
....I recall when JOBA rookies where in the thousands...here we go again...
keep this in mind...
he's averaging 50% more turnovers than the league leader in turnovers.... >>
Exactly.
The seller is an idiot if he doesn't take that 18k right now. The bigger idiots, though, are the ones that are willing to pay that.
1974: PSA 8 +
1975-1979: PSA 9+
1935 National Chicle
1961 Golden Press
1962 Bell Brand Dodgers
Top 200 cards in the hobby
Top 250 cards in the hobby
All time lakers
All time Dodgers
1957 Disney Characters
1965 Donruss Disneyland
1966 Get Smart
Brian
I bet this card goes for at least 25k. 5 days to go he doesn't need to lower the reserve. If Lin has a big night expect the card to jump over 20 real quick...
Linsanity is right!
"Live everyday, don't throw it away"
Justin
Retired - Eddie Mathews Master Registry Set (96.36%) Rank 1
----------------------
Working on:
Football
1973 Topps PSA 8+ (99.81%)
1976 Topps PSA 9+ (36.36%)
1977 Topps PSA 9+ (100%)
Baseball
1938 Goudey (56.25%)
1951 Topps Redbacks PSA 8 (100%)
1952 Bowman PSA 7+ (63.10%)
1953 Topps PSA 5+ (91.24%)
1973 Topps PSA 8+ (70.76%)
1985 Fleer PSA 10 (54.85%)
----------------------
Working on:
Football
1973 Topps PSA 8+ (99.81%)
1976 Topps PSA 9+ (36.36%)
1977 Topps PSA 9+ (100%)
Baseball
1938 Goudey (56.25%)
1951 Topps Redbacks PSA 8 (100%)
1952 Bowman PSA 7+ (63.10%)
1953 Topps PSA 5+ (91.24%)
1973 Topps PSA 8+ (70.76%)
1985 Fleer PSA 10 (54.85%)
Ebay Store:
Probstein123
phone: 973 747 6304
email: rickprobstein1@gmail.com
Probstein123 is actively accepting CONSIGNMENTS !!
9:35 Dallas Mavericks DAL Jason Kidd steals the ball from Jeremy Lin
Ebay Store:
Probstein123
phone: 973 747 6304
email: rickprobstein1@gmail.com
Probstein123 is actively accepting CONSIGNMENTS !!
Lin is sick!!!
"Live everyday, don't throw it away"
<< <i>If Lin continues his positive "slope" of production >>
Now, if you worked for ESPN, you would be fired for that statement! LOL
Doug
Liquidating my collection for the 3rd and final time. Time for others to enjoy what I have enjoyed over the last several decades. Money could be put to better use.
<< <i>If Lin continues his positive slope of production I'd say it caps at 25k. If he stalls, and if NY loses ... 20k. >>
I see what you did there.
I wonder what the seller's reserve is. Five days to go, and if the Knicks hold off the defending champs I'd say the price will continue to rise. I'm actually enjoying Lin - he's a refreshing face, and the NBA is much more watchable when the Knicks are relevant.
edit: Doug beat me to it. I took too long trying to add to the conversation at hand.
Dodgers collection scans | Brett Butler registry | 1978 Dodgers - straight 9s, homie
<< <i>
<< <i>If Lin continues his positive production I'd say it caps at 25k. If he stalls, and if NY loses ... 20k. >>
I see what you did there.
I wonder what the seller's reserve is. Five days to go, and if the Knicks hold off the defending champs I'd say the price will continue to rise. I'm actually enjoying Lin - he's a refreshing face, and the NBA is much more watchable when the Knicks are relevant.
edit: Doug beat me to it. I took too long trying to add to the conversation at hand. >>
+1
22 points
9-14
8 assists
4 turnovers
Through 3 quarters. That's NBA super star numbers!
"Live everyday, don't throw it away"
"Live everyday, don't throw it away"
Ebay Store:
Probstein123
phone: 973 747 6304
email: rickprobstein1@gmail.com
Probstein123 is actively accepting CONSIGNMENTS !!
I can remember in 98/99 when Peyton Manning PSA 10/BGS 9.5 SP Authentic rookies were selling for 10k. Then they fell to about 2500 for a year or two and then of course dropped even more over the years.
I think we can all agree he has had a great HOF career.
Always sell while the iron is hot in America when it comes to sportscards.
It's great to see how well he is doing but his card does not deserve that kind of money.
Bob
Looking for Bob Uecker cards
My Ebay Auctions
Like Ichiro, Lin will benefit from people outside the US also wanting examples of his cards but unless he carries the Knicks to a championship this year, I do not see his cards holding thier value in the long run. I say sell now, take the money and run.
They call me "Pack the Ripper"
He's hot as hell right now? And I mean no disrespect - but for how long?
What I can do with 20K is scary - one card? Wow!
looking for low grade t205's psa 1-2
"Reserve not met"
Steve
<< <i>To top it off buyer has to pay 100.00 dollars for shipping. What a joke !!
Steve >>
i was just about to say that lol
looking for low grade t205's psa 1-2
This guy is clearly making an exciting run and his short run stats are great but when there is this much profit on the table sellers will overwhelm buyers very soon and drive prices down tremendously.
You have to love capitalism because theoretically moments like this exist where greed over takes all thinking and someone could make a killing. A few will do very well on this insane move higher in his cards if they hit the sell button.
I personally would sell any item you can as fast as you can regardless of his long run success.
Call the seller whatever you want, but he had the foresight to buy the card for a grand and spend the most money possible on grading to get it back asap so he could list it on ebay before Lin came back to earth. How many of you guys would've done that given the opportunity? How many of you would've turned around and taken the first $5k offer and left $14k+ on the table? Now he's got $19k+ in his hand and could conceivably get more. This seller knows what he's doing.
And for what it's worth, Lin has game and will be at the very least a solid NBA starter (assuming no major injuries) and probably a leading all star vote getter every year that he plays. You don't accidentally put up 22 pts and 8 assists a game for a 2 week stretch when the spotlight of the world is on you. This is not a flash-in-the-pan type situation, and there's zero chance this card will ever be worth $5.
What I'm selling
Building Sets, Collecting Texas Rangers, and Texas Tech Red Raiders
<< <i>THIS is the card that was bought for $1,000. The seller is interviewed here. >>
$88,000+??? lol Some people are just morons. It would be funny if this passes and they lose out big for being greedy.
<< <i>
<< <i>THIS is the card that was bought for $1,000. The seller is interviewed here. >>
$88,000+??? lol Some people are just morons. It would be funny if this passes and they lose out big for being greedy. >>
yeah but on this card the shipping is FREE!!!!
looking for low grade t205's psa 1-2
NYC + national exposure (worldwide) + potential pool of Asian fans = a lot of potential buyers. The indianapolis colts, or say the raptors for vince carter, not the same thing.
His turnovers have been crazy, but how many other point guards have ever averaged 22 points, 8 assists their first two weeks starting? He's shown an awful lot of clutch ability for a flash in the pan. I don't think Nash or Jason Kidd were hitting 3's like this at the buzzer.
The prices are crazy. His knicks debut jersey sold for $40 k? Can't you buy a Jordan jersey for that? I wouldn't be suprised if one of his jerseys top $100 k, like his palo alto or harvard. There's so much $$$ in NYC.
"Live everyday, don't throw it away"
Panini America posted an article on their blog where they took a basket of Lin's cards and analyzed the price change between January and February 15th, and the basket rose from $78.98 to $6,405.77--an increase of around 8,100%. Blog Entry
I only had one Lin common rookie, and I listed that on Feb. 11th hoping to sell it before he tanked, and it sold within a few hours for $29.95--when the day before only a few cracked $20. Yesterday, someone pulled a Lin autograph in my store and wanted me to sell it for them. The same card had sold around $220-$240 the day before, and this one came out of the pack with a small ding, so I listed it at $274.95. Within a few hours, someone bought and paid for it at the full asking price.
I only wish I had more
I just checked past sales and instead of starting with highest prices started with lowest price. OUCH!!! There are a good number of transactions from a month ago with similar prices to the blog entry.
These meteoric increases all end the same way. If you bought a stock and somehow it managed to zoom from $3 to $400 in a month there comes a point where the profit is too great and the sellers line up. Once the prices start dropping there is very little you can do to stop them from falling.
This guys cards are clearly not going back to where they came from anytime soon but very soon these laughable prices will correct 50% to 70% at least which would still be dramatically higher then there where they came from.
After looking further at the recent sales I just noticed something that will prove to be a problem very soon. There are a lot of transactions from a week or so ago at the much lower prices. Many of those same cards will certainly come for sale. The problem is many of the buyers will most likely not receive the cards and will have them listed anyway and then not be able to deliver them at these inflated prices. They are essentially short the card and simply hoping the second they receive it they can flip it for the profit. This is going to be a problem for a lot of these transactions for sure and this is how a market peaks.
<< <i>Tony thanks for posting that blog entry. Very interesting.
I just checked past sales and instead of starting with highest prices started with lowest price. OUCH!!! There are a good number of transactions from a month ago with similar prices to the blog entry.
These meteoric increases all end the same way. If you bought a stock and somehow it managed to zoom from $3 to $400 in a month there comes a point where the profit is too great and the sellers line up. Once the prices start dropping there is very little you can do to stop them from falling.
This guys cards are clearly not going back to where they came from anytime soon but very soon these laughable prices will correct 50% to 70% at least which would still be dramatically higher then there where they came from.
After looking further at the recent sales I just noticed something that will prove to be a problem very soon. There are a lot of transactions from a week or so ago at the much lower prices. Many of those same cards will certainly come for sale. The problem is many of the buyers will most likely not receive the cards and will have them listed anyway and then not be able to deliver them at these inflated prices. They are essentially short the card and simply hoping the second they receive it they can flip it for the profit. This is going to be a problem for a lot of these transactions for sure and this is how a market peaks. >>
David, this is EXACTLY the climate for prospectors and scammers to come out and make a quick buck (but potentially lose as well). From shorting, to schilling, to not completing transactions, anyone in the market for a Lin card needs to be careful.