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  #1  
Old 09-24-2004, 07:58 AM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: John

Topic # 3


In the past collectors had a pretty good idea of value from something as simple as a Beckett or SCD price guide/catalog. Today however it seems card prices are harder and harder to gauge or at least in my experiences. Some items going for 3x what I thought and some items going for much less. Graded cards all in the same grade going for prices all over the board for the same card. It seems card prices have always fluctuated a little and some a lot. So with a little insight from some of you maybe we can get a better idea of how to be smarter collectors too.

I also realize a card is also worth what somebody is willing to pay for it too. But if I paid $80 for a 1959 Walt Dropo in VG condition many of you would think I should have known better or grossly overpaid.

So I raise these questions:

1.)What items have you seen that went for much more than they should have in your opinion ?

2.)What items are just to overpriced right now and may come down soon in your opinion?

3.)What items are a cheap and affordable right now and may not be in the near future in your opinion?

4.)Which auction houses or dealers are fair and whoís overpriced in your opinion?

5.)Which guides or information sources do you use?

6.)Which items can you throw the price guide out on in your opinion?

7.)Whatís the ballpark price wise for items you collect both HOFer and common in your experiances?

8.)And what basic safety measures do you take while shopping on eBay?

Thanks in advance for your answers.

I also realize some of the answers to the above questions can be found here.
http://www.cycleback.com/beginnerstips.html>

  #2  
Old 09-24-2004, 08:47 AM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: warshawlaw

growth items: prewar and 19th century boxing. We've seen strong price growth this year but I think there is much more upside potential, esp. with high grade cards in slabs.

overpriced items: E cards.

underpriced items: postcards. some real bargains out there.

Stuff that sells for way too much: 9 and 10 slabbed postwar cards, esp. 1970's cards. I've gotten a few back from SGC in 9; the difference from 8 to 9 to 10 is negligible and certainly not worth the premium paid. I recall just a few years ago that 8's were touted by the auctioneers as the primo cards, until enough collectors had 8's and could compete with auctioneers on ebay. Then all of a sudden it is the 9 and 10 that are the primo investment cards. It is bull****, same as stock speculation in internet companies was.

ebay safety: read the feedback on the seller of anything expensive; if the item is expensive and you cannot take the loss only use a seller with paypal or credit card potential so you can protest if there is a problem; get all over a seller who is late with an item and do not hesitate to apply for a refund from paypal and/or protest a credit card charge, because the seller can always make good; stay away from high end cards in raw form from amateur, unknown sellers unless they are local to you (so you can take them to court and/or take them apart if they cheat you); never bid in an auction with a seller who has private feedback or a private auction; never bid on an item where the seller invokes the name of God (esp. God bless you in the listing--a sure sign of a cheat ); never bid on an item where the seller says it may be fake--it is fake; always opt for postal insurance on expensive items because it forces the seller to create a record of shipping something when he goes to the post office to drop it off; never bid on an item if there are problems of any sort, walk away and don't bid.

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  #3  
Old 09-24-2004, 09:21 AM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: runscott

There are a lot of people in this hobby with lots and lots of discretionary income - some of them will spend whatever it takes to get an item they want - absolutely no limits; others will spend 2-3X market value, and consider it a luxury tax, or otherwise rationalize why they had to spend more than perceived market value to get an item they absolutely had to have. We know a few collectors on this board who fit into these categories, and a few gouging dealers who absolutely love it! Re-selling such purchases during hard times can be an eye-opener.

Sometimes you have longer-lasting price increases that eventually also drop off, but that usually takes more than 1-2 collectors on a spending spree. The e-card frenzies a year ago, and the PSA-graded t206 frenzies come to mind. Enough people to drive up the prices temporarily, but not enough for them to stay there.

Also, you can't decide that when two high-rollers get in a battle over something that the resulting massive price increase is the new market value. Once they each have their copy of the item, the price might drop a lot (item becomes available cheaper). Hal said something about bidding up an item to protect the "value" of his own personal example, but I don't know if that worked for him or not. If a third example popped up and he tried this, he might just find himself with two copies...or three...or four.

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Old 09-24-2004, 11:22 AM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: Joe P.

The replies will vastly differ due to their perception.

The members of the cast are:

1. The hopeless Collectors.

2. The Plastic Speculators.

3. Collectors that collect with a possible future gain mindset.

4. Speculators that find themselves collecting under an inner protest that tells them that everything has a price.

All of the above, and more, are legit cast members of this play.

From their vantage point their answers will be true to them, as mine is to me.

If for some reason there's an unforseen 1929 style crash in the credibility of the plastic market -- most of your questions will be unnecessary.
Hopefully that wont happen, but I see just as many questions in plastic grading as there were among the ones that taught themselves to grade their own, prior to the beautiful plastic caskets.

Just my take.

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Old 09-24-2004, 12:22 PM
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Posted By: John

Good point Joe,

But I hope all the posts differ and we donít all have the same opinion. I wasnít looking for an exact response from anyone just more of the broad general ideas you have not unlike Adamís post. Once again you donít have to answer them all.

P.S. Are all card collectors so analytical?

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  #6  
Old 09-24-2004, 12:52 PM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: Jason

Registries certainly lend a hand in us seeing crazy prices.

Being a collector of T201's. I've seen some crazy prices on cards in PSA 6, 7 and 8 of late.

Just a couple of weeks ago a couple of guys went hard after a bunch of SGC 80's. It made for some weird prices. I saw a Cicotte SGC 80 go for 3x's SMR and actually go higher then an SGC 84 Payne and Walsh. (Both of which were being sold by the same seller)

I saw an SGC 80 Daubert/Rucker got for 2.75x SMR and actually out price a Brown/Hofman of the same grade for 80 bucks.

All of this of course was just intense bidding between two individuals.

Neither one of them wanted the Laporte/Stephens SGC 80 which I picked up for 151.00 which is slightly above SGC, and the the SGC 80 Thomas/Coombs went for 137.00 because nobody including myself needed that one.

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Old 09-24-2004, 12:57 PM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: Judge Dred

John,

Are you still waiting for that conference call?

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Old 09-24-2004, 01:03 PM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: Hal Lewis

Some idiot just overpaid by a ton to get a 1927 Lou Gehrig York Caramel rookie card on EBay in crappy shape.

You just never know.

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  #9  
Old 09-24-2004, 01:50 PM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: runscott

BTW, I've fallen into the "got to have it" category a few times. Normally I keep a check on my emotions, write down a ceiling bid, and don't go over it regardless. That way I can have a glass or two of red wine, watch the bidding, and not make that mistake we make too often...(rationalizing).

Biggest overpay was an 8 x 10 Frances Burke Ed Reulbach photo that was very similar to his t206 pose, possibly from the same film shoot. I had to have it! I did the same with an Ed Reulbach autograph two years ago.

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Old 09-24-2004, 01:55 PM
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Default Yeah about $100 dollars..about $100 dollars yeah.

Posted By: Hal Lewis

I guess I could LIE and say that I meant to bid $200 and accidentally hit an extra zero...

and then had too much integrity to cancel my bid!

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