Goldin Auctions on Fox Business
RedHeart54
Posts: 2,279 ✭✭✭
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RedHeart54
Posts: 2,279 ✭✭✭
RedHeart54
Posts: 2,279 ✭✭✭
Comments
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
No Don West cameo?
No Don West cameo?
West - "We're going completely nuts on this one folks. We're gonna give you five Griffey rookies for only two hundred and fifty bucks."
Goldin - "Don I've been out scouring the planet for Griffeys. They're just so hard to find now and eveyone wants them. I can almost guarantee you if you hold these cards for ten years, you'll at least double your money"
West - "There it is folks. You can't get a better deal than this but you gotta jump on it before they're all gone"
Goldin - "I doubt I can come up with this many Griffeys again and if I can, the price will probably be double"
Some I am sure will disagree but I think it is great exposure for the hobby.
I do think it's great exposure for the hobby that cards are being discussed on a business network. Ken should really hire someone who does SEO work to push a lot of search results on his name to at least the 2nd page of Google, though the same could be said for many in the hobby.
Many get upset when we discuss the investment side of the hobby but when you are dealing with cards north of $5,000 or perhaps $10,000 the focus to some degree for most collectors shifts to can I get my money back and will my money outpace other places it could be invested. Clearly high grade vintage trading cards have been an excellent place to have funds parked. The rate of return on many has been staggering and showcasing them on national news outlets only enhances their investment potential.
People take notice when money is made and it compounds the interest. As he stated the Mantle is like art. If you look at this month's SMR it showcases a photo of him and it is spectacular. He looks like the ultimate baseball player and seeing that photo should further reinforce why so many collectors desire to own his cards. I shake my head in astonishment when people make derogatory comments about the 52 Topps and can't figure out why it is valuable. There have been two cards that have been shoved down collectors throats in the past 30 plus years as the cards to own. The Wagner and the Mantle. It shouldn't come as any surprise as the trading card market has matured that they have escalated in value and still reign supreme. Sure there are other cards that are very highly sought after but no two cards define the hobby like those two.
There has always been an investment aspect to trading cards since price guides began being published and a paper chase trying to secure them from others for future value. It will never change and while myself and many others do not dabble in this high end segment I get a lot of enjoyment out of watching them skyrocket in value. Little pieces of art that can be held in your hand that capture American history. Why shouldn't they be valuable? There isn't a good reason that they shouldn't.
I concur with your well-written comments. John Q. Public never took baseball cards seriously until a few national TV reports and a Wall Street Journal article began to change their way of thinking. This took place in 1971. The major catalyst that shook them up centered on the monetary value of these old baseball cards. A Wagner sale for over $1,000 made everybody turn their heads and listen.
You're absolutely right, of course; these small items are beautiful works of art. As ultra-expensive as the world of professional sports has become, it is stubbornly stupefying to equate its historical artifacts only be worth dinner for four at Olive Garden. Granted, we are well beyond that, and have been for a long time. The hobbyists who buy the big ticket items today might be more accurately termed "investors", but at heart many of them genuinely love the objects they prize and feverishly pursue. Let's face it, when you get into five figures and on into ascending six figures, the concept of "hobby" is pushed aside towards investing. It would be foolhardy not to research and examine closely what you are moving your big money into.
I suppose one of the major arguments behind a lot of the discussions is the cheerleading and grandstanding for cards and items we ourselves particularly enjoy, especially if we are privileged to actually own some of them. While all the hoopla goes on regarding THE WAGNER, or the 1952 Topps Mickey Mantle, or the Gretzky rookie, the Jordan rookie or the Pete Rose rookie, we want to see evidence that our own purchases are appreciating in value. A la "Hey everybody, don't forget about this one. What about this one? Some have potential. Some have nada. Some are popular. Some are overlooked among the teaming masses of tunnel-visioned hobbyists who only see value in a player's rookie card; the rest become "Who cares?" What a bunch of idiots! But then, it is what it is. Some items are too rare, it seems, yet some are so common as to warrant a complete lapse of originality.
Here and there, signs of future appreciation among the rare, scarce, beautiful, and/or condition-sensitive scarcities of the top level stars are taking place before our eyes. For instance, when Net 54 baseball's Leon Luckey auctioned off his massive Type Card Collection last year, among the stand-outs was an understandably little-known Japanese card of Mickey Mantle. It was from a 1953 issue, black 'n white, with a gorgeous rookie photo of young Mickey batting as a rookie. How would anyone know for certain the photo was taken during his rookie year, one might ask? You can visibly see his number 6 uniform number. The beauty went for around $8,000. I believe it was an SGC 70. This past week Four Sharp Corners added another 3,000+ graded cards to their already vast inventory. I noticed a card in a grade I had not seen them offer before. It was the relatively common 1961 Post Cereal perforated company mail-in card of Mickey Mantle. However, its condition was in the most exceedingly uncommon grade of PSA 9 MINT. Currently, the card is a pop 3. I was startled a bit by their price---$7,200. By the by, that price is their bargain price. They have assessed the card with a regular retail asking price of $7.999. Long-time Yanks' announcer Mel Allen's oft-heard comment is appropriate---"How about that?"
This hobby is all over the place. At least with the third party graders and authenticators, we still have a "hobby".
A rant this may seem. Too often I still hear, "Fifty thousand dollars for a piece of cardboard!?!" There was an ultra-high grade Canadian penny that sold for over $1,000,000 several years back. I believe two post-war comic books (Bat Man #1 and Spiderman #1 (1962) have both sold for in excess of $1,000,000. They originally ran a dime, or twelve-fifteen cents.
I do want to say this, aside from their beauty, one other major common denominator for THE WAGNER and the 1952 Topps Mickey Mantle is that they both have a most intriguing background story. Great stories sell. That's one of the major concepts I tried to bring to my own recently-released book on post-war regional / food issues, NEVER CHEAPER BY THE DOZEN. The same is true for stamps, coins, cars, paintings, .............
---Indiana Jones (Brian Powell)
Ken Goldin? Exaggerate? No way!