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The Crisser told you so. Phase 2 of the bubble burst to happen soon.....

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Comments

  • DavisDavis Posts: 705 ✭✭

    That will happen this year to some degree; if the economy declines it'll be a sellers market and the best chance to buy collections since 2009-11.

    By what measure do you deem the economy to decline?
    So will it happen or won't it? Your "prediction" is like saying that if it rains, you will get wet. Are you predicting rain or just stating the obvious?
    So...the best time to buy is during a seller's market?

  • OddRodzOddRodz Posts: 645 ✭✭✭

    This thread deserves more and more ROCK each day !

  • RipublicaninMassRipublicaninMass Posts: 10,051 ✭✭✭

    And supposedly a signed 52 mantle psa 5.5 sold for 275k!

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  • nendeenendee Posts: 568 ✭✭✭

    Unopened will naturally raise as inventory reduces.

    Cubs and Purdue Fan - Ouch!

    My collecting blog: http://ctcard.wordpress.com
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  • KendallCatKendallCat Posts: 3,015 ✭✭✭✭✭

    @grote15 said:
    Or, he might be crying, as the last 71 wax box to be sold at auction (Heritage) hammered at 78K last May.

    Mic drop. Boom!

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  • MrHockeyMrHockey Posts: 555 ✭✭✭

    Please don't put this train back on the rails

  • LOTSOSLOTSOS Posts: 1,308 ✭✭✭✭✭

    I think I may step aside and grab some popcorn and a few beers and join Mr. Hockey in the cheap seats for this one.

    Kevin

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,787 ✭✭✭✭✭

    @nendee said:
    Unopened will naturally raise as inventory reduces.

    True. Although this but one part of the equation. Interest level must be maintained for this sector,recruiting new blood into the hobby, and most importantly affordability of the product. Where the prices don't supersede ones ability to buy. See 86 Fleer basketball box price. At least this is how I see the market for unopened to increase value.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
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  • travis ttravis t Posts: 1,185 ✭✭✭

    Happened from June into August. Bro. In fact you could call last year's Main Event the Crashional if it makes you feel better about yourself.

  • KendallCatKendallCat Posts: 3,015 ✭✭✭✭✭

    @baseball said:
    Don't keep us in suspense. When is Phase 3 going to happen and what will it bring? I'm very serious about this question and would love to hear your thoughts.

    I will say this about card collecting, the more random searches I do on "cards" in craigslist, I'm seeing much more Magic and Pokemon type cards than I did just a few years ago. I wonder if the 2030s-2040s will bring a boom in these cards when the kids who grew up collecting them enter their prime earning years.

    Time to check on my Peek a Choo rookie cards and see if I should send any to PSA or BGS :D

  • secretstashsecretstash Posts: 1,396 ✭✭✭✭
    edited January 17, 2017 10:38AM

    @KendallCat said:

    Time to check on my Peek a Choo rookie cards and see if I should send any to PSA or BGS :D

    I laughed at first too, but there are some pretty valuable PSA 10s and even 9s of pokemon, especially the originals, or japan versions, or rare holos. I had no idea either until I dove in for a few weeks. Quickly jumped out--have enough cards I chase!

  • KendallCatKendallCat Posts: 3,015 ✭✭✭✭✭

    My son collects baseball with me but also collects Pokémon with his friends. When i go to the comic store to buy them I am amazed at the number of people buying Magic cards - like a cult. Baseball card shops - only one left when we used to have 4-5 of them. One had a great after hours poker game on Wed and Friday nights too.

  • After viewing the results of the latest Memory Lane auction, I don't know where the so called bubble burst occurred. The Lou Gehrig RC in PSA 3 went for $60K. A 1921 E121 Ruth card went for $115K. Those are record prices at crazy levels.

  • baz518baz518 Posts: 1,266 ✭✭✭✭

    And to think, I used to like Yoda...

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  • CakesCakes Posts: 3,687 ✭✭✭✭✭

    @OddRodz said:
    Not as amazing as a Neil Peart drum solo back in 1981 though.

    You have got to see Tony Royster Junior, he is probably the best drummer in the world. Here is a clip from his David Letterman appearance
    https://youtube.com/watch?v=qvu0mZUFHMg

    Successful coin BST transactions with Gerard and segoja.

    Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
  • steel75steel75 Posts: 1,604 ✭✭✭✭
    edited January 18, 2017 4:17PM

    I just collect cards cause they are perty :)

    1970's Steelers, Vintage Indians
  • Webb63Webb63 Posts: 131 ✭✭✭

    @CrissCriss said:
    What series? You need to factor out the BP too, bro, which at 20% was at least $15K.

    Why would you factor out the BP? It reflects the real price that buyer was willing to pay.

  • muffinsmuffins Posts: 469 ✭✭✭
    edited January 23, 2017 6:50AM

    @RipublicaninMass said:
    And supposedly a signed 52 mantle psa 5.5 sold for 275k!

    you can take "supposedly" outta this assumption.

    and after seeing that an altered red psa "a" just sold for $120k, i'll play the assumption game, too and say he's pretty happy w the highest graded one at that price point since you listed it.

    i'll further assume your angst hinges upon the fact that youre attempting to tackle the signed 52 run and your personal previous history w that particular seller?

  • SdubSdub Posts: 736 ✭✭✭

    @CrissCriss said:
    The lack of serious responses = point proven.

    Enjoy your cardboard!

    @CollectorAtWork said:
    After viewing the results of the latest Memory Lane auction, I don't know where the so called bubble burst occurred. The Lou Gehrig RC in PSA 3 went for $60K. A 1921 E121 Ruth card went for $115K. Those are record prices at crazy levels.

    Judging by the prior sales of this Gehrig in both PSA and SGC, I'm calling BS on that Memory Lane sale. Matter of fact, moving forward, if your auction house doesn't show bidders, doesn't verify sales have been paid, has a history of schilling, has clear disclaimers about insider bidding and reserves, and has proprietary auction software; I'm going to exclude all your sales data. Just my opinon of course, but others would be well served with those limiters.

    Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83.
    Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
    Prefer to buy in bulk.
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  • travis ttravis t Posts: 1,185 ✭✭✭

    Hair banz r killr.

  • esquiresportsesquiresports Posts: 1,360 ✭✭✭

    @CrissCriss said:
    What series? You need to factor out the BP too, bro, which at 20% was at least $15K.

    This was my box. It was a fourth series box. If it were to go back up for sale through a large auction house, I believe it would command a similar price. I'd guess less than a dozen 1971 boxes exist.

    Always buying 1971 OPC Baseball packs.
  • 70ToppsFanatic70ToppsFanatic Posts: 2,107 ✭✭✭✭

    @esquiresports said:

    This was my box. It was a fourth series box. If it were to go back up for sale through a large auction house, I believe it would command a similar price. I'd guess less than a dozen 1971 boxes exist.

    Unless someone has been ripping 1971 Topps wax in a significant quantity in the last 12-18 months I feel very comfortable in saying that you are at least a factor of 2x (possibly more) on your estimate of the number of boxes (various series) still left in existence.

    Whether or not the remaining boxes are original/Frankenstein boxes I don't know enough to comment about.



    Dave
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  • travis ttravis t Posts: 1,185 ✭✭✭

    Muffin Tops.

  • RipublicaninMassRipublicaninMass Posts: 10,051 ✭✭✭

    @muffins said:

    you can take "supposedly" outta this assumption.

    and after seeing that an altered red psa "a" just sold for $120k, i'll play the assumption game, too and say he's pretty happy w the highest graded one at that price point since you listed it.

    i'll further assume your angst hinges upon the fact that youre attempting to tackle the signed 52 run and your personal previous history w that particular seller?

    The obstacle with message boards is they allow people with absolutely no knowledge of a certain subject to pontificate about literally anything they please. That being said, I am not the only one questioning the sale, EVERYONE I have spoke to, including major auction houses, Mantle collectors, signed 52 topps collectors, and autograph collectors alike are, well let's just say "reeling" from the news.

    The card is amazing, , but I believe the same one, or a signed psa 6, had been offered privately for just over 100k two years earlier. This was when a nice unsigned psa 6 was selling between 30-50k. Yes I am working on a signed 52 set, and I receive questions about previous sales, current pricing, and rarity a few times per week from other collectors. I've even been contacted to do an SMR article on the signed set. So this comes from a position of knowledge, research as well as intelligent dialogue in the community.

    This certainly doesn't come from a position of angst, as I hope it brings more attention to the value and rarity of signed cards, 1952 topps, as well as the Mantle. As far as my dealings with the seller, I refer to him as "Junior Mint", and not because he's so sweet. This appeared like a deliberate marketing strategy on the seller's behalf, as well as to establish a sale price for the buyer. A huge recent "find", facial hair, a briefcase of money..seems like this marketing genius is taking his cues from the past!

    Could you show me the altered red flip for 120k? Do you mean the psa 3 with a "cleansed" slab that sold in heritage in 2013, now with just an auto grade 9, which ended recently in Memory lane for 97k? I'll go out on a limb here and assume you do, and would highly suggest you do some homework before you post someone's 97k card purchase is altered. I do realize it is not listed in VCP, but a quick search, for someone who doesn't follow the set, the card, or the signature, will reveal the last sale, that is if you really cared, unless you are just defending your friends.

  • EagleguyEagleguy Posts: 2,264 ✭✭✭✭✭

    @Sdub said:

    Judging by the prior sales of this Gehrig in both PSA and SGC, I'm calling BS on that Memory Lane sale. Matter of fact, moving forward, if your auction house doesn't show bidders, doesn't verify sales have been paid, has a history of schilling, has clear disclaimers about insider bidding and reserves, and has proprietary auction software; I'm going to exclude all your sales data. Just my opinon of course, but others would be well served with those limiters.

    If it helps, there's a PSA 6MK 1925 Gehrig card being auctioned at Heritage right now currently at $80k + BP

  • LarkinCollectorLarkinCollector Posts: 8,975 ✭✭✭✭✭

    I'd bet a dollar that muffins is the one who purchased said auto'd Mantle.

  • SdubSdub Posts: 736 ✭✭✭
    edited February 1, 2017 2:38PM

    @Eagleguy said:

    If it helps, there's a PSA 6MK 1925 Gehrig card being auctioned at Heritage right now currently at $80k + BP

    I’m sure Heritage is a fine auction house, but not one I’d put a lot of faith in for recorded sales. This is from Heritage’s terms and conditions:

    Notice of the consignor’s liberty to place bids on his lots in the Auction is hereby made in accordance with Article 2 of the Texas Business and Commercial Code... A “Minimum Bid” is an amount below which the lot will not sell. THE CONSIGNOR OF PROPERTY MAY PLACE WRITTEN ”Minimum Bids” ON HIS LOTS IN ADVANCE OF THE AUCTION; ON SUCH LOTS, IF THE HAMMER PRICE DOES NOT MEET THE “Minimum Bid”, THE CONSIGNOR MAY PAY A REDUCED COMMISSION ON THOSE LOTS. ”Minimum Bids” are generally posted online several days prior to the Auction closing. For any successful bid placed by a consignor on his Property on the Auction floor, or by any means during the live session, or after the ”Minimum Bid” for an Auction have been posted, we will require the consignor to pay full Buyer’s Premium and Seller’s Commissions on such lot.

    _The Auctioneer, its affiliates, or their employees consign items to be sold in the Auction, and may bid on those lots or any other lots. Auctioneer or affiliates expressly reserve the right to modify any such bids at any time prior to the hammer based upon data made known to the Auctioneer or its affiliates. The Auctioneer may extend advances, guarantees, or loans to certain consignors. _

    This is from Texas Business and Commercial code Article 2 (c):

    In either case a bidder may retract his bid until the auctioneer ’s announcement of completion of the sale..

    IMO, taken together. Seller can bid on his own item, then can retract his bid before hammer.

    Having residence in California, I shouldn’t be calling this kettle black. Our state is as backwards as any for doing business. We’re essentially bankrupt x10 (pension deficit is not a lability yet; +/- $600 Billion). However, if I wanted to sell a vintage rare card, and drive up the price, this would be the AH I’d go to.

    Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83.
    Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
    Prefer to buy in bulk.
  • muffinsmuffins Posts: 469 ✭✭✭
    edited February 13, 2017 3:08AM

    @LarkinCollector said:
    I'd bet a dollar that muffins is the one who purchased said auto'd Mantle.

    pay the man, ted.

    and you really got the whole foot in there, huh?

    but if you are insinuating that i have anything to do with a fake, fraudulent or nefarious transaction to inflate value/vcp...we have bigger fish to fry.

    (and i can assure you that you dont wanna fry fish w the previous two owners. both of whom are forum members.)

    extending you the same sarcastic tone, you graced me with, so here we go:

    got a B- on my homework, but i'll take it!

    guessing the dog ate your homework?

    q: "EVERYONE you talked to", huh?

    a: tell EVERYONE i said hello.

    q: "referring to the 3"

    a: are you saying an expensive card has never been cracked out, "cleansed" and altered in trying to obtain a higher grade?
    (ut-um, gehrig)

    but you are referring to the dmd's 3, correct...how's that for homework?

    q: "for someone who doesn't follow the set, the card, or the signature"

    a: pretty familiar w/ the 52 set for some odd reason. and will just leave it at that.

    q: "i'll go out on a limb here...97k from heritage"

    a: your limb broke. you fell. hard. it was funny.

    homework cheatsheet: 97 x 1.20 ='s ???

    i truly apologize for rounding up that $3,600 to make it a nice round fig for ease though.

    q: "or a signed psa 6?"

    a: hilarious. unless "EVERYONE" digs up the comet, plops'em in a wheel chair, then proceeds to duct tape a stick and sharpie to his hand, that aint happening.

    sure, obscure chance one is unearthed from granddaddys woodshed OR i may bump this one.

    q: "...but I believe the same one, or a signed psa 6, had been offered privately for just over 100k two years earlier"

    a: weve already covered the inability for the 6 to exist as a possibility at this point in time, but as for "two years earlier" comment?

    exactly.

    (refer to the cheatsheet i provided above on the "3" or "A")

    q: "ive even been contacted by smr to do a blah, blah, blah"

    a: tell kevin i said hello.

    q: "so this comes from a position of knowledge, research as well as intelligent dialogue in the community."

    a: perhaps not as knowledgeable as you may think?

    will indulge you and say you are quite knowledgeable on the 52 set as a small jesture of respect after initially getting dumped on by you and "EVERYONE" else w your post(s).

    q: "that is if you really do care"

    a: i really do.

    and almost forgot the funniest one(s) !!!

    q: "The obstacle with message boards is they allow people with absolutely no knowledge of a certain subject to pontificate about literally anything they please. That being said, I am not the only one questioning the sale, EVERYONE I have spoke to, including major auction houses, Mantle collectors, signed 52 topps collectors, and autograph collectors alike are, well let's just say "reeling" from the news

    and

    q: "unless you are just defending your friends"

    a: you dont need me to point out the ironic hilarities of your comments here, but come join me on the playground when you get done w your homework and defending "EVERYONE" of your friends and the rest of that respectable list of "major auction houses, mantle collectors, signature collectors, blah, blah, blah".

    but be sure to bring your whale so my friends and i can gossip about the validity of it and then take dumps all over it to return the favors, ok?

    and in another ironic twist of fate:

    you actually just "trolled" for a pricing error ^

    ^ ha!! inside joke that i know ted should get and appreciate if he has any decent sense of humor!

  • KendallCatKendallCat Posts: 3,015 ✭✭✭✭✭
    edited March 6, 2017 3:14PM

    1960 Clemente PSA 7 sold for $660 last night - VCP was around $200 and PSA 8 sales in the mid $400's.

    1960 PSA 7 Mays sold for $585 last night with VCP also around $180 and PSA 8 sales in the $300-400 range.

    1956 Mantle PSA 6 just sold for $2100 which was way above VCP - last 3 sales were in the $1100 range.

    Multiple 1951 Bowman Mantle's sales for over $11-12k in PSA 4, PSA 5, and SGC 6.

    Must be a teflon coated bubble.

  • galaxy27galaxy27 Posts: 8,314 ✭✭✭✭✭

    @KendallCat said:
    1960 Clemente PSA 7 sold for $660 last night - VCP was around $200 and PSA 8 sales in the mid $400's.

    1,000% legitimate, as that was my card.

    you'll never be able to outrun a bad diet

  • LOTSOSLOTSOS Posts: 1,308 ✭✭✭✭✭

    @galaxy27 said:

    1,000% legitimate, as that was my card.

    Not trying to say you are wrong or infer you did or even would inflate the bidding but if you were the seller on that card you weren't the only one who stands to gain by a high sale price.

    Kevin

  • travis ttravis t Posts: 1,185 ✭✭✭

    Inferences don't matter once the card has been completely transacted. It's out of his hands. Congrats on an excellent move Stephen.

  • galaxy27galaxy27 Posts: 8,314 ✭✭✭✭✭

    @LOTSOS said:
    Not trying to say you are wrong or infer you did or even would inflate the bidding but if you were the seller on that card you weren't the only one who stands to gain by a high sale price.

    Entirely possible, but we'll never know for certain. My statement was based solely on my role as the consignor.

    Thanks J ^

    you'll never be able to outrun a bad diet

  • RipublicaninMassRipublicaninMass Posts: 10,051 ✭✭✭

    Muffins, it was 3:34 Am when you felt compelled to respond. Alone, in a dark room, with only the glow of your computer as your guiding light.

    The previous psa 3, which sold for (in memory lane previously in heritage) for 81,000 plus the juice, for 97k had the 'flip cleansed" into an "authentic" with the 9 auto grade, and therefore it took a bit of homework to find the previous sale. A gorgeous card, I am not knocking it. Mantles have gone up quite a bit since then, and news of a big huge sale certainly helped the rising tide lift all boats.

    While we are frying fish (stories) both Junior Mint and yourself can travel around the US with the card in the "Halliburton" briefcase, and tell how you reeled in the big one! For signed cards just paying for them is the easiest part the tough part is actually finding them, and prying them away from the current owners.

    As I told Junior Mint in his cardboard infancy, when you put yourself out there as the big fish (whale) don't be surprised when you try to get harpooned!

    ---->Muffins,(B©b) your card speaks for itself, in my opinion it is more rare and more beautiful than a psa 10, and it has brought two more to market. I am not questioning the card, in fact I have a great of respect for it. It just struck me as rather odd having a big huge write up about the sale, not the card.

    I'm excited to see the latest authentic with psa 8 auto grade with a gorgeous ballpoint signature.

  • muffinsmuffins Posts: 469 ✭✭✭

    your epidermis and immaturity is showing. it was only 11:34 where i am.

    keep trying to deflect. simple fact is you were dead wrong on just about all of your statements, however just your first line in your response speaks to your character.

    best of luck on your angst and trying to finish your set.

    "he did troll on a pricing error" :D

  • KendallCatKendallCat Posts: 3,015 ✭✭✭✭✭

    @LOTSOS said:

    Not trying to say you are wrong or infer you did or even would inflate the bidding but if you were the seller on that card you weren't the only one who stands to gain by a high sale price.

    Both cards were EXTREMELY nice and would not look out of place in a higher holder at all. My snipe was not even close!

  • dennis07dennis07 Posts: 1,842 ✭✭✭

    I just read through most of the thread for the first time. The argument for falling prices reminds me of the Apple AAPL haters who have been saying the bottom is about to drop out of the stock since it was at 90 (pre-split). Some of the shorts make a very compelling argument in their favor. I'm glad I never listened to them.

    Collecting 1970 Topps baseball
  • olb31olb31 Posts: 3,544 ✭✭✭✭✭

    Hi. I am the leader of the buyer group. I am offering up our next implementation of the "buyup" only to this board, so you can get in before we actually begin tonight at 9 ET. We will be locking up all PSA 8, 9 and 10 of all Ryan Leaf cards and Adam Morrison ( not be confused with Jim Morrision) cards. I hope you can get in early.

    Work hard and you will succeed!!
  • Dpeck100Dpeck100 Posts: 10,912 ✭✭✭✭✭

    Bobmoat I am thrilled to see you hit the disagree button on my recent post. Since it is clear the prices are dramatically higher than recent sales that must mean that you don't think the Wrestling All Stars are in a bubble. It is great to see someone with your hobby stature put your stamp of approval on the price moves. It really gives me a ton of confidence. Thanks for your input.

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