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-   -   So, here's what 475K will get you these days: (http://www.net54baseball.com/showthread.php?t=314940)

clydepepper 02-07-2022 08:13 PM

So, here's what 475K will get you these days:
 
1 Attachment(s)
REA


Attachment 501769

I think I'll pass on this one

Seven 02-07-2022 08:40 PM

For 475K I'd rather a playing days card of each of the inaugural class, along with a smattering of other players to complete my "grail" list.

I'll never tell other people how to spend their money, but it blows my mind.

Tyruscobb 02-07-2022 08:41 PM

How ironic - half a Wagner sells for half a million.

Casey2296 02-07-2022 08:42 PM

Man, give me 475k and 18-24 months and I could build a very respectable 300 card collection.

mrreality68 02-07-2022 08:53 PM

And in a few years the buyer will sell this for double or restore it and sell it for triple.

Regardless they are happy since they bid on it.

Not for me but of course not in my budget.

With that money I would focus on Ruth and Jackson none that are half baked

bnorth 02-07-2022 09:00 PM

Quote:

Originally Posted by Casey2296 (Post 2194779)
Man, give me 475k and 18-24 months and I could build a very respectable 300 card collection.

With that much cash just to throw at cards I would go for a complete T210 set.

mrreality68 02-07-2022 09:13 PM

Quote:

Originally Posted by bnorth (Post 2194786)
With that much cash just to throw at cards I would go for a complete T210 set.

Actually that is a really nice set to make a run on

tlhss 02-07-2022 09:14 PM

A different perspective
 
In perspective ...

This would buy 3 years of cancer treatment for a child at St Jude's Children's Research Hospital.

This would provide 190,000 meals at our local mission.

For the cost of a half a piece of cardboard.

Tim

GasHouseGang 02-07-2022 10:05 PM

1 Attachment(s)
I thought for sure it was going to be something like.....

Smarti5051 02-07-2022 10:43 PM

I have heard about those companies that offer a "partial interest" in iconic sportscards, but this seems a bit extreme.

At this point, maybe Topps should buy it, cut it into 30-50 smaller pieces and overlay those pieces over a T206 reprint, get them encased and randomly insert them in packs so 30-50 people could own a small piece of Baseball's Holy Grail. It would be visually more appealing and just as significant as owning 50%.

skelly423 02-08-2022 05:37 AM

Quote:

Originally Posted by Smarti5051 (Post 2194819)
I have heard about those companies that offer a "partial interest" in iconic sportscards, but this seems a bit extreme.

At this point, maybe Topps should buy it, cut it into 30-50 smaller pieces and overlay those pieces over a T206 reprint, get them encased and randomly insert them in packs so 30-50 people could own a small piece of Baseball's Holy Grail. It would be visually more appealing and just as significant as owning 50%.

God, I hope I get the nose card. Though with Honus, there might be 2 or 3 nose cards

obcbobd 02-08-2022 06:03 AM

Why do people exaggerate so much!


It's not half a card, it's easily 60, maybe 70 %. :-)

Rhotchkiss 02-08-2022 06:19 AM

Quote:

Originally Posted by mrreality68 (Post 2194783)
And in a few years the buyer will sell this for double

+1. I love the card and think it was a solid buy from an investment perspective; not sure I would want it in the long run as a permanent part of my personal collection.

chriskim 02-08-2022 06:51 AM

I would pay $475k for Half A Wagner than a logoman 1/1 who start playing in 2020.

butchie_t 02-08-2022 06:53 AM

An affordable Wagner for someone. Well, good for them and congrats on the purchase.

That sort of money is what is going towards my retirement home. I can live in that, I cannot live in the Wagner card.

Cheers,

BCauley 02-08-2022 06:59 AM

Apparently an autographed 1/1 card of a player who is still in the minors sold for $474K the other day.

For the buyer's sake, I hope the player pans out.

https://www.beckett.com/news/2020-bo...ls-for-474000/

CobbSpikedMe 02-08-2022 07:00 AM

Quote:

Originally Posted by mrreality68 (Post 2194783)
And in a few years the buyer will sell this for double or restore it and sell it for triple.

You are totally correct here. Even this part of a Wagner will double in price in a couple years. I won't be surprised at all when it comes back to market and sells for a lot more.


.

bnorth 02-08-2022 07:00 AM

Quote:

Originally Posted by butchie_t (Post 2194857)
An affordable Wagner for someone. Well, good for them and congrats on the purchase.

That sort of money is what is going towards my retirement home. I can live in that, I cannot live in the Wagner card.

Cheers,

Has a Wagner ever lost value? As someone looking at ocean front property for a few years. The listing price of houses is still going up but the actual selling prices are falling. If you bought a house in the last year or two there is a very good chance you will be underwater in the near future if you have a mortgage.

Snapolit1 02-08-2022 07:46 AM

Quote:

Originally Posted by BCauley (Post 2194858)
Apparently an autographed 1/1 card of a player who is still in the minors sold for $474K the other day.

For the buyer's sake, I hope the player pans out.

https://www.beckett.com/news/2020-bo...ls-for-474000/

Starting his first season in A level.

cgjackson222 02-08-2022 08:37 AM

Quote:

Originally Posted by BCauley (Post 2194858)
Apparently an autographed 1/1 card of a player who is still in the minors sold for $474K the other day.

For the buyer's sake, I hope the player pans out.

https://www.beckett.com/news/2020-bo...ls-for-474000/

Wow, as the article says, Jasson Dominguez, who turned 19 yesterday, enters the 2022 season ranked 87 on Baseball America‘s list of Top 100 Prospects. The centerfielder’s minor league line in 2021 includes a .252 batting average, five home runs and 19 RBI in 56 games between rookie ball and Low-A.

I guess the Yankees are pretty high on him, having signed him for $5.1M as a 16 year old:
https://www.si.com/mlb/yankees/news/tampa-tarpons-manager-rachel-balkovec-praises-new-york-yankees-prospect-jasson-dominguez#:~:text=But%20the%20Yankees'%20new%20Low ,he's%20doing%20behind%20the%20scenes.&text=Fair%2 0or%20not%2C%20the%20spotlight,%2Dyear%2Dold%20in% 202019.

Snapolit1 02-08-2022 08:45 AM

Hype machine on this kid has been off the charts for a while. "The Martian"

May turn out to be a very nice player. May not. Mets had a five tool phenom a few years ago Fernando Martinez who was supposed to the second coming of Willie Mays. Didn't work out too well. Sure fans of other teams can easily pull up their own examples.

What doesn't make sense to me about this is Juan Soto has turned into an amazing player. Has established himself as a bona fide superstar. Would his 1/1/ refractor today sell for this much? I guess maybe. How much could this card really appreciate. If he turns into the next Mickey Mantle in two years is this going to be worth more than a Honus Wagner card all of a sudden? Just don't understand the investment thesis here. And it's an investment nothing else. Whoever paid this likely has never see the kid take a swing.



Quote:

Originally Posted by cgjackson222 (Post 2194870)
Wow, as the article says, Jasson Dominguez, who turned 19 yesterday, enters the 2022 season ranked 87 on Baseball America‘s list of Top 100 Prospects. The centerfielder’s minor league line in 2021 includes a .252 batting average, five home runs and 19 RBI in 56 games between rookie ball and Low-A.

I guess the Yankees are pretty high on him, having signed him for $5.1M as a 16 year old:
https://www.si.com/mlb/yankees/news/tampa-tarpons-manager-rachel-balkovec-praises-new-york-yankees-prospect-jasson-dominguez#:~:text=But%20the%20Yankees'%20new%20Low ,he's%20doing%20behind%20the%20scenes.&text=Fair%2 0or%20not%2C%20the%20spotlight,%2Dyear%2Dold%20in% 202019.


Ben Yourg 02-08-2022 09:34 AM

Wagner
 
How much is the auction fee?

Robextend 02-08-2022 09:49 AM

Quote:

Originally Posted by clydepepper (Post 2194761)
REA


Attachment 501769

I think I'll pass on this one

I think the auction house was SCP.

GasHouseGang 02-08-2022 10:01 AM

Quote:

Originally Posted by Tyruscobb (Post 2194778)
How ironic - half a Wagner sells for half a million.

That's what happens when you divorce and have to split your assets. :D

MattyC 02-08-2022 10:09 AM

Quote:

Originally Posted by Snapolit1 (Post 2194872)
Hype machine on this kid has been off the charts for a while. "The Martian"

May turn out to be a very nice player. May not. Mets had a five tool phenom a few years ago Fernando Martinez who was supposed to the second coming of Willie Mays. Didn't work out too well. Sure fans of other teams can easily pull up their own examples.

What doesn't make sense to me about this is Juan Soto has turned into an amazing player. Has established himself as a bona fide superstar. Would his 1/1/ refractor today sell for this much? I guess maybe. How much could this card really appreciate. If he turns into the next Mickey Mantle in two years is this going to be worth more than a Honus Wagner card all of a sudden? Just don't understand the investment thesis here. And it's an investment nothing else. Whoever paid this likely has never see the kid take a swing.

I agree with what you say, Steve, and I would add that while the purchasers of these modern sportscards try and present themselves as investors and their six digit prospect cards and break slots as shrewd investments, it's much less "Gordon Gekko" or "Goldman Sachs" and much more like degenerate gambling for greedy adrenaline junkies. The card is no different to them than a slip from a sports book or a hand in a poker game. They hold and wait for some morsel of hype that will induce the next guy to pay more, hoping at the next hype nugget, he can find the next man to pay more. And this game continues, as Dennis Reynolds said in one great episode of Sunny in Philly, "until it just, sort of, ends."

On its face, the notion that the card of someone who never has taken a swing in the majors costs more than the cards of icons of the game, it is sheer lunacy-- it is the economics of this high stakes gambling game the participants play, the agreed-upon ante amongst them, that results in these sky high prices for these cards. Because it surely has zero to do with achievement on the field or even potential at these numbers, relative to what cards of the true greats cost.

Hankphenom 02-08-2022 10:12 AM

Quote:

Originally Posted by CobbSpikedMe (Post 2194859)
You are totally correct here. Even this part of a Wagner will double in price in a couple years. I won't be surprised at all when it comes back to market and sells for a lot more.

+1. And I would love to have this on display in my office. Great conversation piece.

jakebeckleyoldeagleeye 02-08-2022 10:13 AM

It depends if you are a glass half empty or glass half full person.

Fred 02-08-2022 10:25 AM

Quote:

Originally Posted by Hankphenom (Post 2194892)
+1. And I would love to have this on display in my office. Great conversation piece.

The conversation would be something like:

"you paid how much for that?" :p

Fred 02-08-2022 10:26 AM

Quote:

Originally Posted by jakebeckleyoldeagleeye (Post 2194893)
It depends if you are a glass half empty or glass half full person.

In this case - the "slab half full" or the "slab half empty"

triwak 02-08-2022 11:24 AM

1 Attachment(s)
Not even in the same ballpark, but I bought this severed card several years ago. I still have no regrets.

Hankphenom 02-08-2022 12:26 PM

Quote:

Originally Posted by Fred (Post 2194896)
The conversation would be something like: "you paid how much for that?" :p

Normal people would say that about everything you and I have ever collected. Collectors would say, "Holy shit, that's a Wagner!"

John1941 02-08-2022 12:30 PM

Quote:

Originally Posted by Casey2296 (Post 2194779)
Man, give me 475k and 18-24 months and I could build a very respectable 300 card collection.

Give me 475k and 18-24 months and I could build a very respectable 30,000 card collection. :D

ALBB 02-08-2022 12:50 PM

half
 
but from the other side of the fence..
a guy ( with money of course) ...has a chance to finally COMPLETE the all time classic T 206 set .....not many out there that can say that

mrreality68 02-08-2022 01:00 PM

Quote:

Originally Posted by Hankphenom (Post 2194892)
+1. And I would love to have this on display in my office. Great conversation piece.

Agreed it is definitely a conversation starter

hcv123 02-08-2022 01:53 PM

Very well said!
 
Quote:

Originally Posted by MattyC (Post 2194891)
I agree with what you say, Steve, and I would add that while the purchasers of these modern sportscards try and present themselves as investors and their six digit prospect cards and break slots as shrewd investments, it's much less "Gordon Gekko" or "Goldman Sachs" and much more like degenerate gambling for greedy adrenaline junkies. The card is no different to them than a slip from a sports book or a hand in a poker game. They hold and wait for some morsel of hype that will induce the next guy to pay more, hoping at the next hype nugget, he can find the next man to pay more. And this game continues, as Dennis Reynolds said in one great episode of Sunny in Philly, "until it just, sort of, ends."

On its face, the notion that the card of someone who never has taken a swing in the majors costs more than the cards of icons of the game, it is sheer lunacy-- it is the economics of this high stakes gambling game the participants play, the agreed-upon ante amongst them, that results in these sky high prices for these cards. Because it surely has zero to do with achievement on the field or even potential at these numbers, relative to what cards of the true greats cost.

This!

Hankphenom 02-08-2022 02:16 PM

Quote:

Originally Posted by ALBB (Post 2194934)
but from the other side of the fence..
a guy ( with money of course) ...has a chance to finally COMPLETE the all time classic T 206 set .....not many out there that can say that

Bingo!

ullmandds 02-08-2022 02:17 PM

Quote:

Originally Posted by Hankphenom (Post 2194959)
Bingo!

what about the doyle?

cgjackson222 02-08-2022 03:01 PM

Apparently the guy who bought the Jasson Dominquez Superfactor card for $474K also bid $500K on a Zion Williamson card that ultimately sold for for $594K.

This buyer of the Dominguez was interviewed and he claims that he bought a 1/1 Wander Franco Superfractor for $100,000 and that while many thought that was too much at the time, it’s market value today is in the $2 million-plus range.

Wander Franco is yet another "Five-Tool talent" (power, hitting for average, running, fielding, throwing) who may end up being Fernando Tatis and Vlad Guerrero Jr. wrapped into one, but $2Million ???

What if he gets injured?

https://www.actionnetwork.com/mlb/ja...ion-williamson

Hankphenom 02-08-2022 03:04 PM

Quote:

Originally Posted by ullmandds (Post 2194960)
what about the doyle?

????

Johnny630 02-08-2022 03:37 PM

You only have to get rich once....and to Quote the Great Lefty Gomez “I’d rather be lucky then good.”

Eric72 02-08-2022 03:57 PM

Quote:

Originally Posted by bnorth (Post 2194860)
Has a Wagner ever lost value? As someone looking at ocean front property for a few years. The listing price of houses is still going up but the actual selling prices are falling. If you bought a house in the last year or two there is a very good chance you will be underwater in the near future if you have a mortgage.

Is it somehow worse when someone is underwater on the mortgage for their ocean front property?

Republicaninmass 02-08-2022 04:05 PM

Amazing what a hidden reserve and one bidder can do

bnorth 02-08-2022 04:49 PM

Quote:

Originally Posted by Eric72 (Post 2194988)
Is it somehow worse when someone is underwater on the mortgage for their ocean front property?

I am saying in my honest opinion the Wagner is a WAY safer bet at the moment than spending the exact same amount on a house.

BobbyStrawberry 02-08-2022 05:27 PM

Quote:

Originally Posted by bnorth (Post 2195011)
I am saying in my honest opinion the Wagner is a WAY safer bet at the moment than spending the exact same amount on a house.

It would be hard to live in that Wagner, though.

bnorth 02-08-2022 05:35 PM

Quote:

Originally Posted by BobbyStrawberry (Post 2195026)
It would be hard to live in that Wagner, though.

If you are spending that much on a Wagner I highly doubt it would make you homeless.

Fred 02-08-2022 05:51 PM

Quote:

Originally Posted by cgjackson222 (Post 2194977)
Apparently the guy who bought the Jasson Dominquez Superfactor card for $474K also bid $500K on a Zion Williamson card that ultimately sold for for $594K.

This buyer of the Dominguez was interviewed and he claims that he bought a 1/1 Wander Franco Superfractor for $100,000 and that while many thought that was too much at the time, it’s market value today is in the $2 million-plus range.

Wander Franco is yet another "Five-Tool talent" (power, hitting for average, running, fielding, throwing) who may end up being Fernando Tatis and Vlad Guerrero Jr. wrapped into one, but $2Million ???

What if he gets injured?

https://www.actionnetwork.com/mlb/ja...ion-williamson


Does anybody wonder how those 1/1 cards are distributed? Is it going to be like those McDonalds Monopoly game pieces where the big prize tickets are handled by "security" personnel that are supposed to "randomly" have the game pieces added to the common game pieces? I'll try not to laugh too hard if we find out that these 1/1 or 1/2 potentially million dollar cards are pushed to friends and associates of the card companies claiming to distribute them. How's that for a conspiracy theory!

bnorth 02-08-2022 05:58 PM

Quote:

Originally Posted by Fred (Post 2195036)
Does anybody wonder how those 1/1 cards are distributed? Is it going to be like those McDonalds Monopoly game pieces where the big prize tickets are handled by "security" personnel that are supposed to "randomly" have the game pieces added to the common game pieces? I'll try not to laugh too hard if we find out that these 1/1 or 1/2 potentially million dollar cards are pushed to friends and associates of the card companies claiming to distribute them. How's that for a conspiracy theory!

Probably pretty spot on. I have many friends and family members that worked for a major card company and they had some interesting stories.

Leon 02-10-2022 01:18 PM

Quote:

Originally Posted by clydepepper (Post 2194761)
REA


Attachment 501769

I think I'll pass on this one

475k is a lot of money. The median home price in the US is 100k less AND you can't live in the Wagner.
.

mrreality68 02-10-2022 01:46 PM

Quote:

Originally Posted by Leon (Post 2195605)
475k is a lot of money. The median home price in the US is 100k less AND you can't live in the Wagner.
.

You are right you cannot live in a wagner but once this person flips this card he can probably buy a median home or two with the profits

Snapolit1 02-10-2022 02:10 PM

Funny, I asked about whether there was an equivalent Juan Soto 1/1 refractor. Well here's the story.


https://www.youtube.com/watch?v=Bu9S4OmEr6Y





Quote:

Originally Posted by MattyC (Post 2194891)
I agree with what you say, Steve, and I would add that while the purchasers of these modern sportscards try and present themselves as investors and their six digit prospect cards and break slots as shrewd investments, it's much less "Gordon Gekko" or "Goldman Sachs" and much more like degenerate gambling for greedy adrenaline junkies. The card is no different to them than a slip from a sports book or a hand in a poker game. They hold and wait for some morsel of hype that will induce the next guy to pay more, hoping at the next hype nugget, he can find the next man to pay more. And this game continues, as Dennis Reynolds said in one great episode of Sunny in Philly, "until it just, sort of, ends."

On its face, the notion that the card of someone who never has taken a swing in the majors costs more than the cards of icons of the game, it is sheer lunacy-- it is the economics of this high stakes gambling game the participants play, the agreed-upon ante amongst them, that results in these sky high prices for these cards. Because it surely has zero to do with achievement on the field or even potential at these numbers, relative to what cards of the true greats cost.



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