The power of the registry, or the dangers of sniping?

bobwiller · April 20, 2010 5:38AM

Over $1000 for a '68 Hockey common: Link

Bid history:
$96.96 -> $999 -> $1009

Wow.

digicat · April 20, 2010 5:59AM

It's fun for the sellers when 2 nuclear bids show up.

The registry is a powerful drug.

captainthreeputt · April 20, 2010 6:16AM

Yes, when you let your ego get involved in your registry collecting, it can cost you a fortune. Been there and done that!!!! Hopefully I have become rehabilitated, and I am back in it for the fun of collecting.

jeffcbay · April 20, 2010 6:28AM

As a competitive Ripken collector, I've over-paid for my fair share of 10s. Then again I've also benefited from selling to registry chasers. I've recently found it to be way more exciting and gratifying to sub your own in the quest for all 10s. Not only can you feel proud of a 10 that you subbed, but you can also make some money selling your extras/doubles. I love this hobby.

54topps · April 20, 2010 6:59AM

Ouch!

BunchOBull · April 20, 2010 7:09AM

That's why I collect vintage in low grade.

Even most pop 1 modern PSA 10 Thomas cards cost less than $30. Not much registry competition.

Dboneesq · April 20, 2010 7:31AM

unFRIGGINbelievable ... Two guys think it's worth a GRAND .... and NOBODY ELSE thinks it's worth even a hundred bucks. REGISTRY = DRUG!

BugOnTheRug · April 20, 2010 7:36AM

As eye-popping as this is when it occurs, it isn't a done deal until the transaction is complete.

Let's hope buyers remorse doesn't set in.

Tabe · April 20, 2010 8:05AM

<< unFRIGGINbelievable ... Two guys think it's worth a GRAND .... and NOBODY ELSE thinks it's worth even a hundred bucks. REGISTRY = DRUG! >>

Sounds to me more like two guys submitting "win at any cost" bids, expecting it to go in the $100-$150. Only both guys submitted similar type bids and it ends up at $1000. I doubt either guy thinks the card is actually worth $1000.

Tabe

Dboneesq · April 20, 2010 8:23AM

<< 

<< unFRIGGINbelievable ... Two guys think it's worth a GRAND .... and NOBODY ELSE thinks it's worth even a hundred bucks. REGISTRY = DRUG! >>

Sounds to me more like two guys submitting "win at any cost" bids, expecting it to go in the $100-$150. Only both guys submitted similar type bids and it ends up at $1000. I doubt either guy thinks the card is actually worth $1000.
Tabe >>

If he paid a GRAND, it must be worth it to THAT person so he can get a little bump in THE REGISTRY.

Ahmanfan · April 20, 2010 10:05AM

<< 

<< unFRIGGINbelievable ... Two guys think it's worth a GRAND .... and NOBODY ELSE thinks it's worth even a hundred bucks. REGISTRY = DRUG! >>

Sounds to me more like two guys submitting "win at any cost" bids, expecting it to go in the $100-$150. Only both guys submitted similar type bids and it ends up at $1000. I doubt either guy thinks the card is actually worth $1000.

Tabe >>

I've never said "I think something is worth x, but I'll pay 10x for it because I've gotta have it!" I always pay what something is worth (maybe double, tops, if it's a rarity), or else I won't own it. I think it's a good strategy.
John

otwcards · April 20, 2010 10:41AM

A grand for a PSA 8 trapped in a PSA 9 holder...

HoofHearted · April 20, 2010 10:44AM

I remember when the first 1988 Topps PSA 10 Kirby Puckett card came up on eBay. It went for over a grand. It was definitely a case of the top two collectors going all-out for a 1-of-1 at the time...and now there's 9 of 'em...

[edited to add:] link to auction

The power of the registry, or the dangers of sniping?

Comments