1993 Derek Jeter UD SP, PSA 10 Value
 

Wow! I see we have one of the few PSA 10's being auctioned right now and it's currently at $33,644 with two days to go (we rarely see this card for sale in this grade). With only 19 getting the coveted PSA 10 out of 12,000 ++ sent to PSA, where is the ceiling on this card? On top of that, I don't see many more PSA 10's being handed out in the future considering the condition sensitivity around this card.

I know $33,600 is a lot of money, but I don't see this card going anywhere but up. Thoughts?

That you probably own the card.

My prediction is no one will pay for the card

Wouldn't be selling it if I did....
 

Nope, just a big Jeter collector. I would like to own and may bid though!!

Sure. Sure. You are excited about spending $33,000 on a relatively new card. Good luck with the sale.

What a Douche...go troll elsewhere.

I agree. First post on the forum is outing a card that he "may bid" on because it is a good value?

Speaking of the card itself I do believe the value will stay at the mid $30k for a while, but I do believe there is a chance it can go higher once he is in the hall of fame. If a Lebron card can get to $300k+ it isn't too hard to imagine Jeter hasn't maxed out since some of his fans still haven't hit their max incomes.

Excuse me?

Depending on what you have in the card, take the money and run. Since he is a Yankee he will always have value, but it is as over priced of a card as you can find. While psa 10 is rare it is by no means a rare card. If you don't have much into it sell!

A strange prediction since they've been at 30k plus for quite a while.

Some cynics
 

Some cynics on here just shout about every auction price they think is high is shilled and that they don't get paid for. Of course this happens but it is far from every high priced sale.

Why is it that so many PWCC cards see so much early bidding action? The card was at 33K within 2 days of being listed. It was at 30K within a day of being listed.

It's interesting. I know I've bid aggressively early when I've really wanted a card. I think it's the OPs card as that was a very weird first post, particularly if it was actually a card he was considering buying.

On a side note, it's amazing to me that this would be a 30k + card when it looks like you can get an 8 or an 8.5 for less than $500. With my eyesight, the difference in appearance is virtually non-existent.

It is not uncommon for a psa 10 to sell for 50-100x what a psa 8 would sell for. Look at any of the 70s and 8s RCs that go for 10k plus in a 10. 8s are very common, and go for 100-300.

Same with 50s and 60s, though prices are mich higher, and the multiple will often exceed 100x.

I've wondered if bidding big early is a mind game leftover from in person auctions. I've had some luck at those getting deals on items I really want that are within my budget by bidding the auctioneers opener and basically just leaving my number up till either the other bidders quit or I hit my max.
It's basically telling other bidders you're very solidly committed to buying it. And surprisingly, many will back down before hitting a reasonable price.

I've always figured it was hard to signify intent that way online, but maybe it works? I know if an Ebay item has been bid to almost what I'd be interested in spending I often abandon it in favor of a potential "deal" later on.


Steve B

I've noticed this as well , in a 9 day auction it reaches the max price (imo)
With 3 day still to go. I said it before and I'll say it again I don't know who or why you would bid before the final seconds . Everyone save money on the item
This way .

I've seen others say a strategy is to go big right away, scare away some of those who would put snipes in late. It's not a strategy I use, but I can see it working.

So why does it happen so disproportionately in PWCC? For a time it was every single big card, and it may still be, I haven't checked of late.

Hard to say. Obviously it could be consignors or their friends shill bidding. But how many other sellers auction high end cards any more on ebay? An actual analysis would take more time than I care to spend, but it could be that we just notice it more on PWCC because we all watch his auctions. Or perhaps some of the guys who use that go big early strategy bid on his auctions but don't search eBay for others.

I have noticed cards on big AHs that hit record prices in the first couple of days, then don't get another bid until the final day, if at all.

Agree. "Somehow" PWCC gets insane premiums for their auctions on ebay. One could pay a 10%+ premium for one of their cards vs another similar card in a different auction. This was one of my worries when I first saw the card listed with them and a reason for the post. I still think this card has no where but up and this may be one of the last cards we see in the $30K range....