Honus Wagner PSA 5 MC Goldin Auction....
Dpeck100
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Honus Wagner
This card is getting all kinds of press. CNBC was covering this auction today and talking about the card which is nice to see.
The example that is being auctioned off I believe I heard sold for 1.6 million in 2008 or 2009 in the height of the financial crisis.
It will be very interesting to see what it brings this time.
This card is getting all kinds of press. CNBC was covering this auction today and talking about the card which is nice to see.
The example that is being auctioned off I believe I heard sold for 1.6 million in 2008 or 2009 in the height of the financial crisis.
It will be very interesting to see what it brings this time.
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Comments
There will be some major wallets fighting over this card.
I am anxious to see the final price.
Here is the picture I took of it:
Below is a picture of my son holding a Wagner at a show in Glendale, Ca last year. I still can't believe they let him hold it!
https://www.psacard.com/psasetregistry/pdub1819/othersets/6204
That video of him pimping the 1997 packs with 1.5 million inside was priceless. I used to watch this stuff late at night in the late 1990's.
I doubt his reputation will have any impact on the final selling price of the Wagner.
<< <i>What are the highest non- PSA graded Wagners - from a reputable source? >>
Good question - here's a few - no necessarily "high" grades but non-PSA.
I'll give a "raw" one first:
1998 - Christies - raw - AH graded Vg-Ex - sold for around 200K
2003 - an SGC 10 sells for 90K - Mastro - was in a PSA holder
2005 - GAI 3.5 - "Nagy" Wagner - sold for 450K - now in a SGC holder - Mastro Auctions
2008 - SGC 10 - 220K - Heritage Auctions
2001 - Raw - 86K - Piedmont 150 - Mastro Auctions
2009 - SGC 40 - Memory Lane - 900K
Time Left: 7 days + 22 H
<< <i>That's a cute photo. Did PSA give that card a special holder with black borders? It could be taped to the back of the case but appears to be black inside. >>
It was encased in a special holder, but it wasn't from PSA.
Memory Lane had the card on display when they offered to let my son hold it. I was a little freaked out that he might drop it...it's like holding the equivalent of a house in price!
https://www.psacard.com/psasetregistry/pdub1819/othersets/6204
Another strong bid came in and the current bid is $1,471,796.00 plus the buyers premium of 10%. Actual bid is $1,618,975.80.
<< <i>The final 2 days are going to be fun to watch.
Another strong bid came in and the current bid is $1,471,796.00 plus the buyers premium of 10%. Actual bid is $1,618,975.80. >>
Someone bumped it another 100k within the past 8 minutes.
Once again not one Wagner is selling for less then the prior sale of the same card. AWESOME!!!
Conspicuous consumption.
<< <i>The 'MC' notation in the grade reflects the card’s ample borders which are 1/16 of an inch larger than standard T206 size. Housed within these borders is arguably a Near Mint Honus Wagner image bursting with color and quite frankly the finest Wagner that may be available for purchase in the foreseeable future. >>
Really?
<< <i>
<< <i>The 'MC' notation in the grade reflects the card’s ample borders which are 1/16 of an inch larger than standard T206 size. Housed within these borders is arguably a Near Mint Honus Wagner image bursting with color and quite frankly the finest Wagner that may be available for purchase in the foreseeable future. >>
Really? >>
Haaaa, yeah they're basically telling you that this card could be trimmed in the future. Jerks...
<< <i>Nice. Now it is firmly at a higher price then the last sale of this card.
Once again not one Wagner is selling for less then the prior sale of the same card. AWESOME!!!
Conspicuous consumption. >>
Close but not true. If you added the word "public" prior sale it would be true. This same card sold privately for less last time it sold than the previous time it sold. But as far as I am aware no Wags has publicly sold for less than it did the time before.
I may be way off base on this, but I thought the card was cut from a sheet and trimmed to proper size and that was known by PSA before grading. They made an exception for this card, as they do for other very rare items.
Is it possible the added recognition could raise the value?
I would think that the 2nd highest graded Wagner, I beleive is the one known as "Jumbo" could now boast being the best and it's value could really rise?
-------------------------
Mike Mankin - The Cocoa Beach Collection / Post War HOF Rookies
HOF Rookies
It appears I may have been correct back in November of 2012 during a discussion in one of our threads regarding the price that "Jumbo" would be affected by the controversy of the PSA 8 Wagner!
<< <i>When I first read the headline on CNN this morning I had assumed they were talking about the PSA 8 Wagner. I can't believe all of this press for a PSA 5 (MC). So this is the equivalent of a PSA 3. I'm surprised it's selling for so much. Still, a beautiful card! >>
Just my opinion, but when you have such a card as this and knowing its rarity and such, you can basically throw out that it is a 5MC = 3 equation. For this particular card it is graded a 5 that just so happens to be miscut.
The fact that it looks soooo much better/cleaner then what a 3 would grade, and the fact it is much better looking then what the known PSA 2's look like it may fetch about $3M.
Paul.
Later, Paul.
Bidding
Minimum Bid: $500,000.00
Current Bid: $1,771,796.00
Number of Bids: 14
<< <i>The winner should crack and sub it. That's what I would do
I vehemently disagree with your position on this hobby related issue.
Ebay
PSA 5MC
$0.00
BIN 2,500,000 - Did not sell
15385994
Based on the fact that it didn't sell with the 2.5 BIN - some money was left on the table. Wonder if the seller is disappointed?
<< <i> 2 Million is a disappointment in my opinion for this card. . >>
Not too many people with 2mil disposable income.
I feel it gave good publicity to the hobby. JMHO
<< <i>The winner should crack and sub it. That's what I would do
Maybe nobody will notice
And, it could simply be a cheap bit of promotion for a "new" auction house, right? "Highest price garnered yet!! Look at us!!"
Nick