1993 SP Jeter

ClockworkAngel

With the reality of this guy potentially getting to 4,000 hits, been thinking the PSA 9 may be a solid investment, but this thing is now selling for over $900 on eBay. On one hand, it seems crazy to think of a 20 year old PSA 9 card with a pop of 438 that high, but the guy is turning into an icon and this card is turning legendary...you guys think this is a good investment card?

Meatloaf

<< <i>I would hesitate in investing in someone already so popular. That doesn't mean I don't see it possibly going up, just that you traditionally invest in the undervalued. However, as he is such an established and popular Yankee, I don't see the bottom falling out. In short, I neither see it as a great investment nor a bad one. >>



Agreed. The time to invest in Jeter was pre-first World Series. If you simply like Jeter and want some bling bling for your man cave to show off, then sure, go for it. However, it shall be like a Ken Griffey Jr 89 UD and flatline in price for the future.

ClockworkAngel

<< <i>

<< <i>I would hesitate in investing in someone already so popular. That doesn't mean I don't see it possibly going up, just that you traditionally invest in the undervalued. However, as he is such an established and popular Yankee, I don't see the bottom falling out. In short, I neither see it as a great investment nor a bad one. >>



Agreed. The time to invest in Jeter was pre-first World Series. If you simply like Jeter and want some bling bling for your man cave to show off, then sure, go for it. However, it shall be like a Ken Griffey Jr 89 UD and flatline in price for the future. >>



Yah, but the population numbers are no comparison. Only 447 Jeters PSA 9 or better and already 1750 PSA 10 Griffeys. You can do an eBay search at any given time and have at least 10 Griffeys there and MAYBE 1 PSA 9 Jeter

Meatloaf

<< <i>

<< <i>

<< <i>I would hesitate in investing in someone already so popular. That doesn't mean I don't see it possibly going up, just that you traditionally invest in the undervalued. However, as he is such an established and popular Yankee, I don't see the bottom falling out. In short, I neither see it as a great investment nor a bad one. >>



Agreed. The time to invest in Jeter was pre-first World Series. If you simply like Jeter and want some bling bling for your man cave to show off, then sure, go for it. However, it shall be like a Ken Griffey Jr 89 UD and flatline in price for the future. >>



Yah, but the population numbers are no comparison. Only 447 Jeters PSA 9 or better and already 1750 PSA 10 Griffeys. You can do an eBay search at any given time and have at least 10 Griffeys there and MAYBE 1 PSA 9 Jeter >>



There are more marketplaces than Ebay. Ebay, Ebay, Ebay. Ebay...enough with Ebay. If you want a PSA 9 Jeter, there are 3 in my local area of boring Lincoln, NE (1 is mine). Or go buy some boxes SP and try to draw a few out or hit a 10. The question was is this a "good" investment. Any investment made when an item is at nearly peak value with no real future outlook of signifaicant increase in price is a poor investment (land, stocks, cards, etc.). You may get a small short run return; who knows where the future card market will be. But I would not buy at the end of his career in order to make a good investment...buy at the beginning...which you are SOL at this point. IMO: the price of the card more than likely shall stablize.

mesapsa

I think its probably one of his rarer cards at this time. I just purchased one last month, looks like a PSA10 at a price of only $600.00, I will consider this a major investment if Jeter ever does end up hitting 4,000 hits. Who knows if he will or not but unless he get injured for some reason I just do not see him leaving baseball in the next couple of years. Guess I could be wrong. I see Jeter ending up with 3,500+ hits and all of the high grade SP cards are going to go up and up!!!!

dtkk49a

The better investment might be in his and harder to find serial numbered cards and short printed inserts from the 90's and early 2000's. They are still very affordable. A good example of this is Michael Jordan. His rookie cards is at a steady price but his early insert cards are red red hot now!

Suneel4Cash

too much supply out there. the 9 and 10 population will continue to grow. wait a couple of years until he retires and then buy a 9 (or a 10) for a lot less.

mesapsa

If that was the case there would already be a huge population for both PSA 9 and 10! The cards come out of the packs already damaged! I just opened half a box last month and everyone of these cards had bent corners, scratches, the best cards were the ones that were opened right after production as the longer they sit in the packs the more damage they get in my opinion.

the 1993 SP Card will go down as on of the most valueable Jeter card. It so so condition sensative that you cannot even touch it without scratching or damaging it.

Good luck buying a case and getting PSA 9 Jeters, these cards are like stuck together in the packs and any movement damages them. If this cards were issued in factory set form it would have been a different story....

Suneel4Cash

438 9s is not rare. Yes its condition sensitive, but that 9 pop is over 4% of the population, so with enough supply more 9s (and some 10s) will be pulled and that will soften the price.

lifeshouldbefun

IMO, I wouldn't continue to chase it higher, but historically, RCs are a great investment over time. Look at the '83 Topps RCs. They were
a little stagnant and have recently legged higher even with high pop's. I hoard modern RC's '83-'93 and the return has been tremendous.

sportscardtheory

I would rather have the Stadium Club Murphy Jeter RC than the SP. I mean, there are probably more than 20 SP's out there to every Stadium Club RC.

lifeshouldbefun

I would rather have the Stadium Club Murphy Jeter RC than the SP

My favorite of the bunch. Also like the Topps Gold

ShootyBabitt

Jeter Plays the Right Way

digicat

The card is selling for >$900 based on Jeter's current performance. It's getting a "bump" from that. I think that once Jeter's numbers stabilize over the long season, it'll start trading at round $500-$600 again. It's next bump will either be when he starts hitting "epic" milestones, retires, and gets inducted into the HoF.

mesapsa

Anyone have an idea how many unopen boxes/cases of 1993 SP Baseball even exist? Anyone? This is not 1989 Upper Deck so there is no unlimited supply of these.... I really like that Jeter Stadium Club card in PSA 10, thats going to be my next catch....

ClockworkAngel

The Stadium Club is certainly more reasonable, but that is also reflected in the Population with 1500 PSA 9's and 271 PSA 10's and much more to come...

I will probably wait for the offseason and see if the SP drops back to $500-$600

ClockworkAngel

<< <i>

<< <i>

<< <i>

<< <i>I would hesitate in investing in someone already so popular. That doesn't mean I don't see it possibly going up, just that you traditionally invest in the undervalued. However, as he is such an established and popular Yankee, I don't see the bottom falling out. In short, I neither see it as a great investment nor a bad one. >>



Agreed. The time to invest in Jeter was pre-first World Series. If you simply like Jeter and want some bling bling for your man cave to show off, then sure, go for it. However, it shall be like a Ken Griffey Jr 89 UD and flatline in price for the future. >>



Yah, but the population numbers are no comparison. Only 447 Jeters PSA 9 or better and already 1750 PSA 10 Griffeys. You can do an eBay search at any given time and have at least 10 Griffeys there and MAYBE 1 PSA 9 Jeter >>



There are more marketplaces than Ebay. Ebay, Ebay, Ebay. Ebay...enough with Ebay. If you want a PSA 9 Jeter, there are 3 in my local area of boring Lincoln, NE (1 is mine). Or go buy some boxes SP and try to draw a few out or hit a 10. The question was is this a "good" investment. Any investment made when an item is at nearly peak value with no real future outlook of signifaicant increase in price is a poor investment (land, stocks, cards, etc.). You may get a small short run return; who knows where the future card market will be. But I would not buy at the end of his career in order to make a good investment...buy at the beginning...which you are SOL at this point. IMO: the price of the card more than likely shall stablize. >>



Didn't mean to insult you by bringing up eBay. Of course I know there is more than eBay, however, I don't think we can dispute that it has become the leading source for this stuff.....or if someone else has some other online markets that have just as much inventory I'd love to see them

mesapsa

I think the days of UNDER $700.00 for a PSA 9 of this card are over..... everyday it seems he keeps passing someone on the hits list, today Gwynn, tomm Yount..... whatever, wish I would have picked up every copy of this card in PSA 9 that I could have when it was at $350-$425.00 a copy

mesapsa

and in regards to case production..... we all know that Upper Deck is still printing 1989 Upper Deck in some back room, if only they would have factory stamped and limited the Griffey run to 2,500 it would have been the best and most collected card in history... As far as the SP cards go, those were supposed to have been "short printed" cards.... we'll see

darkhorse9

Jeter is from my hometown and played high school and little league baseball two blocks from my house. I was able to get plenty of signed stuff from him back when he first started in the pros.

He often came back to town to see his family. Soon after he hit it big his family moved out and we never see him in town. He did come back a couple months back when the high school named the field after him.

He was an above-average little leaguer but very good in high school. Everyone knew he would do well. We just had no clue he would do this well.

Dpeck100

It looks like the PSA 9 sells for dramatically more then the BGS 9 and the same holds true for the Gem Mint grade.

I am no fan of BGS and this certainly does not surprise me. That being said has this always been the case or more recent phenomenon?

ClockworkAngel

<< <i>It looks like the PSA 9 sells for dramatically more then the BGS 9 and the same holds true for the Gem Mint grade.

I am no fan of BGS and this certainly does not surprise me. That being said has this always been the case or more recent phenomenon? >>



There are 1100 BGS 9's and less submitted to Beckett than to PSA so MUCH more common to get a BGS 9 than a PSA 9.

For whatever reason< PSA seems to be particuarly tough on grading this card

Toro

Jeter is no doubt a living legend in Yankees baseball lore. His Sp rookie card will always have value and the bottom will not fall out as someone pointed out. The issue with it is there are many other options out there to choose from. He's got base, base parallels etc....at a much lower price. Great card and I hope those who buy at $900 enjoy it over the long term.



<< <i>That being said has this always been the case or more recent phenomenon? >>



DPeck, the grading standards changed with Beckett when the ownership changed. BGS GEM MINTS were the equivalent PSA 10 years ago and a BGS 10 PRISTINE took it to another level no other company could meet. Currently, BGS 10 Pristines are handed out more regularly but that's mainly with modern cards. Some may simply see the BGS "NOT 10" as a somewhat flawed card and pay accordingly. You'll see that a lot with casual fans who want the best card of their favorite player. Look at what GEM graded 10's sell for and you'll see what I mean. That's my opinion though.

Dpeck100

Toro thanks for the response.

It has been a while but I wrote a number of lengthy responses to a board member that I felt it was clear BGS lowered their standards with several ownership changes and with PSA taking such a huge percentage of market share.

With some of the modern cards it seems BGS still can hang pretty well in price but this one is not even close.

The idea that a BGS 10 should sell for some huge premium to a PSA 10 is simply crazy. There are plenty of people that won't submit any strong cards to BGS and therefore you have to assume that a few of the cards sitting in a PSA 10 holder would achieve the same grade. I said it back then and I will say it now, I think there is a chance that BGS one day does not exist and those cards are like a ticking time bomb if that happens.

mesapsa

I have to say that I love the BGS holder vs the PSA holder. The PSA holder seems very flimsy and breakable where as the BGS holder could be ran over and not a scratch to it. I really wish that PSA management would incorporate a BGS style holder that is better in regards to scratch free as well as better security tamper prevention so that if I decide down the road a few years from now I want to spend $50K on a 52' Mantle that I am not buying some fake card that was just inserted into an open PSA holder....

ClockworkAngel

<< <i>I have to say that I love the BGS holder vs the PSA holder. The PSA holder seems very flimsy and breakable where as the BGS holder could be ran over and not a scratch to it. I really wish that PSA management would incorporate a BGS style holder that is better in regards to scratch free as well as better security tamper prevention so that if I decide down the road a few years from now I want to spend $50K on a 52' Mantle that I am not buying some fake card that was just inserted into an open PSA holder.... >>



I agree, the BGS Holder is classy and the PSA holder and sticker is a little cheaper looking.

The problem with implementing a new holder is the millions of cards that are already graded will be submitted because everyone will want the new holder. Could be a nightmare....or could be another way for PSA to make money depending on how you look at it

Toro

<< <i>The idea that a BGS 10 should sell for some huge premium to a PSA 10 is simply crazy. >>



They used to sell for a huge premium over the PSA 10 counterpart......

On the holders, PSA is nice for older set building......BGS is nice for autos and modern(anything shiny) cards.

scmavl

Sorry, but I tend to prefer the PSA holder. If you plan on getting a car to have "ran over and not a scratch" to your BGS holder, then I suggest not putting your cards in the driveway. I like the thin but rigid PSA holder and while the grades may be here or there, they are the people I submit to by choice. I think they are tough on the '93 Jeter because it's a tough card by nature. I have a PSA 8 and I'm happy for the grade it got.

miconelegacy

Those cards stick together in the packs, and have to be separated one by one. That plays a big role in the condition as well. The cards have been sitting and sitting. The foil gets damaged too.

Dmitri has a sweet one up. Wonder what the hammer will end at.

Dpeck100

Just moved up today to $12,650.

I could see this topping 20k with the premium. We shall see.

lifeshouldbefun

The idea that a BGS 10 should sell for some huge premium to a PSA 10 is simply crazy.

It's nuts, but it's not even close. BGS 10 will sell at a premium almost every time. A couple of good examples tonight. The
PSA 10 '90 Topps Frank Thomas sells for $25 night after night. BGS 10 auction went nuts


BGS 10 Frank Thomas

miconelegacy

<< <i>The idea that a BGS 10 should sell for some huge premium to a PSA 10 is simply crazy.

It's nuts, but it's not even close. BGS 10 will sell at a premium almost every time. A couple of good examples tonight. The
PSA 10 '90 Topps Frank Thomas sells for $25 night after night. BGS 10 auction went nuts


BGS 10 Frank Thomas >>



That is nuts!! HUGE difference...

mesapsa

I like the PSA holder but think PSA has a lot of room to improve in the area of case/card protection for both buyer and seller! I'm not saying that I want to run over one of my card cases but when I spend good money on a card I don't won't to wonder if the case has been cracked open and resealed, what a joke. I think if a PSA holder is comprised and is later discovered that PSA give me a full guarantee!! Note to PSA, charge my more per card for a nicer case that I CAN TRUST 100%!!!

Now back to Jeter....... He got another hit tonight!!