Heritage Auction OPC Brett...wow
ClockworkAngel
Posts: 1,994 ✭✭✭
This thing is a beauty and was on my radar, until I saw the asking price!
Tom,, will you be making a run?
Brett76OPC
Tom,, will you be making a run?
Brett76OPC
The Clockwork Angel Collection...brought to you by Bank of America, Wells Fargo, and Chase
TheClockworkAngelCollection
TheClockworkAngelCollection
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Comments
Justin
Retired - Eddie Mathews Master Registry Set (96.36%) Rank 1
Does anyone know the person that runs this auction? Should someone tell them?
TheClockworkAngelCollection
<< <i>This thing is a beauty and was on my radar, until I saw the asking price!
Tom,, will you be making a run?
Brett76OPC
Lol, not at that price!
<< <i>These prices are getting out of hand.
Justin >>
55K????
That is just freaking insane
Edited to add: the reason I can't sign on is because I purchased a handbag for my GF on their site, and now she has discovered HA handbag and jewelry auctions. She had her name put on the account, and now my password is all messed up because they won't allow two accounts at the same address. Lesson: don't let you SO learn about Heritage Auctions. hah!
TheClockworkAngelCollection
<< <i>That's actually a resale price offered by the winner of the auction from 2012. I haven't been able to log on to check what the original winner paid, but that would be interesting to know.
Edited to add: the reason I can't sign on is because I purchased a handbag for my GF on their site, and now she has discovered HA handbag and jewelry auctions. She had her name put on the account, and now my password is all messed up because they won't allow two accounts at the same address. Lesson: don't let you SO learn about Heritage Auctions. hah! >>
Sold for: $5,975.00 (includes BP Buyer's Premium)
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Bid Source: Internet bidder
<< <i>But I reiterate that there 2 not 1. That's a pretty big deal and certainly should be reflected in the price >>
So you're saying that the ego of the buyer is factored into the price, that it can only
get the 55k if it's the only one so the buyer can brag that he has a unique card?
Just trying ot understand the mentality of someone that would pay 55k for a printed
piece of cardboard from 1976.
DaveB in St.Louis
even if hardly ever seen in PSA 10?
There are still a lot of unopened 1976 packs out there. I'm not surprised by somebody paying
55k for a card, just that particular card.
DaveB in St.Louis
that having the "only" specimen was a key factor and if true that is just as crazy as the prices.
None of these cards are unique -- there are still more PSA 10s out there. Some are in packs,
some are in sleeves in some collectors box -- perhaps a guy that doesn't give a hoot about
graded cards. But they're out there.
Maybe I read into it something that was not there. Wouldn't be the first time.
DaveB in St.Louis
Doesn't anybody here have fun with their hobby anymore? I know many do but it just feels sometimes like everything on this board is either about investing, VCP history, the number on a plastic slab, money money money.
Dave, this isn't directed at you. Just a general observation on my part. Seems like many here are only having fun if they think they're turning a profit.
I still get a charge out of busting junk wax boxes, although one guy said recently that he'd rather slit his wrists than do that.
And I do try to make the hobby "pay it's way" when possible. So for me the idea of turning a $7 box of 1990 Donruss
into $50 net profit to be used for other cards that I want is an appealing thing, but it's not primarily a profit-motivated venture.
It's a leisure activity for me, I could make a lot more money doing other things if money was the motivation.
I don't really care what other people's motives for collecting are, and I know that some people have a lot deeper pockets
than I do. One guy is trying to corner ther market on a certain issue of cards and gets a charge out of creating a scarcity
in the market. Others try to improve their PSA 10s, as if perfection is even attainable (it isn't). Many collectors have
undiagnosed psychological issues that thank God they take out on sports cards instead of other people.
All for fun presumably? You be the judge. Honestly I don't care but I do find it amusing at times.
DaveB in St.Louis
that having the "only" specimen was a key factor and if true that is just as crazy as the prices.
Do you honestly not realize a huge part of any low pop cards price is the rarity factor and the right for the owner to say they have the only one ever graded that high?
You are joking right.
Ego on some level drives the price of every expensive transaction in life. People don't drive Bugatti's just because they want to drive a high end sports car. They want to be able for others to see they drive a Bugatti.
The price of the top cards in the hobby are without any doubt driven in many ways by ego too.
It's a false view of rarity not based on really knowing what other cards are out there.
With a painting or some other item that is truly unique you know what you have.
With 1970s cards there can be more available -- in fact almost surely so. There are
unopened items and there are many collectors with ungraded cards.
And 55k is just nuts. I can see perhaps up to 10k for a 1970s non-rookie but this card
doesn't rate anywhere near 55k if you're paying that mostly for a perceived rarity that
cannot be verified.
Surely the recent Black Swamp find was a wake-up call for all those collectors that think
they have a rarity. Things are being found all the time and sometimes in very odd places.
There are what -- 100 T206 Wagners? Tell me you really think there's only one PSA 10
1976 OPC Brett. Beckett has already graded one at 9.5 -- or did that cross over to a
PSA 10? No matter -- there's more out there.
DaveB in St.Louis
In this case I think that definitely applies.
Even if this card sells for 10k if you don't think a huge part of that price is driven by the perceived rarity then you are either one not being honest with yourself or just not informed with how prices in the real world work.
A cards price in many ways is driven by how rare it is thought to be and even though there are more out in circulation if a card has proven to be extremely tough to find that perception exists until proven otherwise wrong. Another huge part of a rare cards price is for that moment in time no one can dispute that there are only one or two or ten of those cards to ever achieve that grade. This means someone else wants your card and this naturally has a huge impact on price.
All low pop sets are driven by the registry or the silent registry and the available graded supply is something that significantly affects prices. There are a number of reasons why people participate in the registry but the pursuit to have the best in many ways is driven by ego and to be able to say you have the best.
If you look at the history of graded card collecting the cards that have significant interest that also happen to be low population tend to be tremendous investments if they stay that way. There are certain cards that are so desired there are room for a few but not in most cases. A 1993 SP Derek Jeter comes to mind here.
You have been talking about sending in cards where in many cases there are high populations. When you get to the older sets there are many cards that have never even graded mint let alone gem mint. This kind of condition rarity drives prices but what also does is the pursuit of numerous collectors to say they have that card.
It really is pretty simple.
<< <i>That back is rather OC for $55k ... and a 10 nonetheless
Would agree with that--for a 55K card, I'm going to need a back better centered than that.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>That back is rather OC for $55k ... and a 10 nonetheless
Are you dogging the price or the grade?
<< <i>
<< <i>That back is rather OC for $55k ... and a 10 nonetheless
Are you dogging the price or the grade?
Not so much the grade, as it's within parameters for a 10, but if you're going to ask 55K, it better be 50/50 all around, front AND back, LOL..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
in person as your personal guest? I bet he would even sign a few
things for a beer or two.
In the description/title of the auction, it says THIS:
"1976 O-Pee-Chee George Brett #19 PSA Gem Mint 10 - The Only Gem MT 10! ..."Text
That's an outright lie. There are 2. They are stating it's the only one.
Yes, that's a huge deal...give me a break
Cubskiller99, take the 1979 OPC Wayne Gretzky PSA 10. There is only 1. Whatever that 1 card is worth, don't you think if a 2nd came into existence that it might drive the price of that 1st one down just a little?
You are very naive if you don't think that people with gobs of money to spend on this stuff don't get off by buying "the only one in existence"
And Heritage is feeding that mentality with their outright lie in the title of the auction...
TheClockworkAngelCollection
It's not worth the sale price until someone actually purchases it.
And, yes, the pop error is a big deal.