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-   -   How Many of You Want One Baltimore News Card? (http://www.net54baseball.com/showthread.php?t=343342)

Schlesinj 12-01-2023 05:26 AM

How Many of You Want One Baltimore News Card?
 
So we have a lot with 13 cards. Who wants one of the cards? Currently around $8.5k per card.

bxb 12-01-2023 06:31 AM

Wouldn't mind having one for my type set, but not at that price.

philliesfan 12-01-2023 06:35 AM

I voted no......i don't have that much disposable cash. And if I had one, I would sell it. I am getting too old to keep cardboard my family would not know what to do with if I passed on.

Shankweather 12-01-2023 07:03 AM

No Cubs in that set as far as I know.

rjackson44 12-01-2023 07:18 AM

not at those prices

ullmandds 12-01-2023 08:01 AM

Quote:

Originally Posted by Schlesinj (Post 2393162)
So we have a lot with 13 cards. Who wants one of the cards? Currently around $8.5k per card.

are you presuming you're going to win lot #3 in REA?

molenick 12-01-2023 08:45 AM

I was mentally preparing to allocate 10K for one card if the cards were being sold individually. Since they ended up as a lot, some of that money went elsewhere in LOTG and may be going elsewhere in REA (or nowhere if what I am bidding on gets too high).

If I do win some cards in REA, that will pretty much have shot my budget for awhile. But I voted for 10K because I like type cards and that seems like a "reasonable" price for one.

But I have a feeling the lot will go for more than 10K per card (just a guess).

NiceDocter 12-01-2023 08:56 AM

Im in
 
Okay I will take the Ruth for 10k 😆

MVSNYC 12-01-2023 09:18 AM

Should've been separate lots (individual cards).

rjackson44 12-01-2023 09:34 AM

Quote:

Originally Posted by MVSNYC (Post 2393206)
Should've been separate lots (individual cards).

agreed 100 pct dont get that

BobbyStrawberry 12-01-2023 10:15 AM

Unless it's the Ruth, no. So many other cards I would rather have for those prices.

z28jd 12-01-2023 10:29 AM

I voted no, but only due to the price. I would love to get the Ensign Cottrell card because of his Pittsburgh Pirates connection, but not at any of those prices. I have other card wants ahead of it for that type of money

gunboat82 12-01-2023 10:47 AM

Quote:

Originally Posted by BobbyStrawberry (Post 2393231)
Unless it's the Ruth, no. So many other cards I would rather have for those prices.

The high-end collectibles market is a fascinating place. The main selling point for these, as the listing reflects, is that they at one point shared a space with the Ruth card and another card for the guy who discovered Ruth.

I might want them all if I were already throwing cash at the Ruth and Dunn. But if I have a hankering for an old Ezra Midkiff, I'll pick up a T210-5 for less than 1/100 of the cost.

Fred 12-01-2023 11:09 AM

Quote:

Originally Posted by z28jd (Post 2393234)
I voted no, but only due to the price. I would love to get the Ensign Cottrell card because of his Pittsburgh Pirates connection, but not at any of those prices. I have other card wants ahead of it for that type of money

JD - how many Larry N172s would you trade for the Cottrell? Please include 10% of the total as London cards (which I wouldn't mind having one of those).

molenick 12-01-2023 01:03 PM

Quote:

Originally Posted by gunboat82 (Post 2393237)
The high-end collectibles market is a fascinating place. The main selling point for these, as the listing reflects, is that they at one point shared a space with the Ruth card and another card for the guy who discovered Ruth.

I might want them all if I were already throwing cash at the Ruth and Dunn. But if I have a hankering for an old Ezra Midkiff, I'll pick up a T210-5 for less than 1/100 of the cost.

You have a point. If Ruth wasn't in the set, I wonder what the interest in the other cards would be. It is a rare set for type collectors, but so is something like 1911 Western Playground Association, and common cards from that set do not go for 10K apiece. That may not be the best analogy, but I do think that if this was just the run of the mill rare type set, the individual cards would not go for as much.

ullmandds 12-01-2023 01:38 PM

the western playground is a decent analogy! And I agree if there were no ruth...this set would be quite obscure and nichy.

the reason I got out of type collecting was because it kind of made me sick paying mid 5 figures for a rare card of an unimportant subject. i remember dropping over 3K for a t208 culligan fireside of a common player...just to fill a slot. And that was like 20 years ago. 10K is the old 3K!!!!

I'd rather have an iconic hobby card of a top hof'er/icon for the same money.

BRoberts 12-01-2023 01:39 PM

If the auction ended now, the 13 commons in the lot would sell for $8,300 each. I can't imagine that lot won't hammer for $130K, or $10,000 per card. 87 percent of respondents to the very-limited poll in this thread say they wouldn't pay $10K per card. Finally, some very quick research shows that common Baltimore News cards have sold in the past for about $5,000 to $6,000 each when offered individually.

So I'd love for MVSNYC and rjackson44 (and others who have posted the same thought) to explain their logic on why the commons should have been sold individually.

z28jd 12-01-2023 02:12 PM

Quote:

Originally Posted by Fred (Post 2393244)
JD - how many Larry N172s would you trade for the Cottrell? Please include 10% of the total as London cards (which I wouldn't mind having one of those).

43 of them, let me know when you win

molenick 12-01-2023 03:05 PM

I cannot say which would have been better for the consignor. I personally just wanted them to be separate so I could have had a chance to win one.

But since they did offer them as a lot, I think it is wise that they did not also offer them as individual cards as well. We have seen that that idea does not work when lots close individually (without some manipulation to the software that resets the countdown clock for all the lots if a bid is placed on any one lot).

Peter_Spaeth 12-01-2023 03:11 PM

Personally, no interest whatsoever in commons, no matter how scarce.

raulus 12-01-2023 03:43 PM

Not surprised at the results here. Obviously auctions come down to the 2 bidders who are willing to pay the highest price. And often that price is more than the rest of the hobby is willing or able to pay.

And the whole dynamic tends to be extra exciting when the pieces in question are rare and exotic. These aren’t 52T commons, with a ready market and lots of supply if you miss out on this batch.

There’s also the possibility that whoever is chasing the Ruth will be willing to round up their invoice to get the whole set, which seems like it might put added upward pressure on the price.

Schlesinj 12-01-2023 04:24 PM

Quote:

Originally Posted by ullmandds (Post 2393191)
are you presuming you're going to win lot #3 in REA?

No, have not bid. I was curious if people were interested could a group purchase them since from what I read some people were interested in 1. This seems like a very rare shot to acquire one if this was a must have for this type of collector.

mrreality68 12-01-2023 04:39 PM

Initially I would jump at it and say yes as I love rare vintage cards and in the past I might have but I am trying to stay focused on my collection priorities and not go after the “shiny bling” and then miss that money on something I truly wanted and miss out on it(done that before)

robw1959 12-01-2023 04:53 PM

Quote:

Originally Posted by Peter_Spaeth (Post 2393329)
Personally, no interest whatsoever in commons, no matter how scarce.

Even rare-back T206 cards don't strike your fancy, Peter?

ullmandds 12-01-2023 06:26 PM

isn't dan going to buy this lot so he has all of the balt newses...except the ruths.

darwinbulldog 12-02-2023 10:48 AM

Fortunately for me I collect D cards, not M cards. I can't think of a single bakery type with $10k commons.

Peter_Spaeth 12-02-2023 02:31 PM

Quote:

Originally Posted by robw1959 (Post 2393353)
Even rare-back T206 cards don't strike your fancy, Peter?

I am completely indifferent to T206 backs. I know that is heresy on this Board.

Schlesinj 12-02-2023 02:50 PM

So we have 13 people and my math adds up to $153k for 13 cards (assuming the 15k is the max.

molenick 12-02-2023 03:36 PM

I voted that I would be interested in possibly paying $10K for a type card if it was a case where they were all in an auction, I could put in a low opening bid on a few, and then as the auction proceeded decide which one I wanted to focus on, but have the option to switch to another one, or even totally drop out and use the money towards other cards entirely. Sort of imagining what would have happened if the cards were being offered individually in REA (like what I am doing now with other lots in REA).

If the vote was whether I wanted to join a buying group to buy 13 cards, then I change my vote to no (although it doesn't look like the poll allows you to change a vote).

Schlesinj 12-02-2023 03:46 PM

Partly philosophical, partly thoughts on auction method case study and partly a buying opportunity coordination if 30 people responded yes. All responses interesting to me what other collectors much smarter and accomplished than me think.

Jewish-collector 12-02-2023 05:00 PM

Guy Zinn is no longer considered Jewish :(

https://jewishbaseballmuseum.com/spo...idered-jewish/

Peter_Spaeth 12-02-2023 05:40 PM

Alan, looks like he was not the first.

Zinn joins former players such as Buddy Myer, Lou Boudreau, Jacob Atz, Greg Goossen and Dave Newhan, who previously had often been listed as Jewish. However, they do not fit the museum’s definition of Jewish ballplayers.

Fred 12-03-2023 12:36 PM

JD - how many Larry N172s would you trade for the Cottrell? Please include 10% of the total as London cards (which I wouldn't mind having one of those).
43 of them, let me know when you win


Quote:

Originally Posted by z28jd (Post 2393308)
43 of them, let me know when you win

So, you'd be willing to part with half of your Larry cards. Perhaps I should consider bidding on the lot. If I win, trade you the Ensign Cottrell card, sell the rest at $12K a piece and then slowly start integrating the Larry cards back into the market. Now, all I have to do is win the lot and find a few other buyers.


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