T206 backs Prices

[usernamealreadytaken]

After much consternation lately on the value of certain T206 backs, I am going to post what I think they are worth (today). I would love to hear your feedback!
The below prices are for a "Good (PSA-2/SGC-30)" common player in typical condition for the grade (no paper loss or other big issues):

Drum - $2,000
Uzit - $1,800
Hindu red - $900
Lenox black - $800
Broad Leaf 350 - $800
American Beauty 460 - $500
Carolina Brights - $350
Hindu brown - $300

[Chicago206]

I think your BL is a bit high, and your AB460 is WAY high. The other prices seem to be well within the ballpark!

[cfc1909]

I would take 300 off the BL 350 and the AB 460 and then I say you are pretty close to todays market but realize anything can happen in a traditional auction. Just estamates.

BL 350-500
AB 460-200

example a SGC 30 Lenox black just brought 1k in Heritage.

[Abravefan11]

Originally Posted by cfc1909

example a SGC 30 Lenox black just brought 1k in Heritage.

Seems as though I made a gross pricing error on the one I sold to a fellow board member a few months ago.

[cfc1909]

a year ago the Lenox grade 3s were about 400 or 450 and have taken a crazy jump for some reason.

I went back to a year old email where I was offered about 5 Lenox examples and only took two of those and man I wish I would have taken all 5 considering todays prices. I picked up a Tinker for $350.

[cfc1909]

I hope you sold it to a collector and not a flipper...

[ullmandds]

dont feel bad, Tim...I sold a vg red hindu for 600 and a good drum for 1000 in the last few years...it happens!!!

[Abravefan11]

Peter I don't feel bad but I guess I would if I gave it too much thought.

I was just giving Jim grief as he didn't pay $1000 for the one he got from me.

[Sterling Sports Auctions]

I am reviving this thread because of the recent auction I ran on the BST. I listed a nice SGC 30 AB 460 starting at $150 which is well below the $200 that seemed to be accepted as the going rate for the back.

Well the results I got were no bids and a few emails telling me that I was overpriced and getting offers at 50% of my asking price.

I like this threas because I have some of these back and looking to move but had no idea where the price range was. I think the initial post had a decent grasp but was also looking to clarify that his observations were correct and he got 2 replies of correction, Thanks to them.

But it seems like the buyers are not responding to there willingness to pay. I think people like to see that the cards they have have this nice value tracked to them but when the time comes are they really getting those prices or close to it?

Threads like this would be very helpful if the people would respond more when they feel if something is out of line, in my example it appears to definately be the case.

Lee

[usernamealreadytaken]

Thanks for "reviving" my thread? You are right on point. This thread, if considered, could be a great gauge for buyers, sellers, and/or collectors. I will revise my price-points with the suggestions made:

Drum - $2,000 (This is about right, Chi-206's PSA 2 Kroh went for this exactly on ebay)

Uzit - $1,800 (hard to tell, so few pop up for sale...)

Hindu red - $900 (see above) Chi-206's Devore went for $7something on ebay (it was a solid "1")

Lenox black - $800 (again, too few to make generalizations)

Broad Leaf 350 - $500 (I sold a "1" for $300's and bought a "2" for $525..on point)

American Beauty 460 - $200 (the recent sales point to this being optomistic, I recently bought a PSA 3 for $160 on ebay, sold for about the same on BST...)

Carolina Brights - $350 (about right, a couple "1.5's" have gone for $275

Hindu brown - $300 (a recent ebay "2" went for $290...on point)

[cfc1909]

The AB 460 example you had for auction is probably the most common AB 460 there is and I think it was a SGC 30 not a vg example. Also the auction houses seem to get better money for some reason.

I had an SGC 40 Uzit for sale on ebay and at several shows including the National-could not get anyone to offer more than 1500. Heritage sold
SGC 30s for 2100 (portraits examples) and SGC 40s for 18 and 1900. Out of ten Uzit examples I think their average was 1850. At this time if a collector wanted an SGC 40 Uzit from me it would be at least 2300 and higher for a portrait.

A triditional auction seems to be the best way to go but the easiest way to get burned. When ebay was at its height it was all auction format. The auction houses have this going on and it seems that is where the best prices are realized.

[drdduet]

I'd put Uzit above Drum. In my collecting years I've seen "many" more Drums than Uzits for sale, heck for a span of 2 years or so I didn't even come across a Uzit for sale.

[ullmandds]

here we go again!

[ChiefBenderForever]

And don't forget that Chicago was bidding on everything for a few months and now that he is gone the prices may have dropped just a little, all it takes is one person to affect the prices and now that he is gone so are all his bids.

[Mikehealer]

$200 seems too high for a common AB 460 in GD condition. I think $90-$125 is more likely.

[cfc1909]

I see I am mistaken-I was thinking vg not good and maybe 200 is a bit high

I know when I was trying to win vg examples in Goodwin they were well above 200

[David R]

I think we are in a huge bubble on these rare backs. I see people listing common players with Hindu, Broadleaf and American Beauty backs for more than I bought HOFers with those backs in the same grade just last year. I am glad because I collect rare-backed T206 HOFers but I scratch my head as to the reason for this recent surge.

[usernamealreadytaken]

I have a feeling that this bubble isn't going to pop. People are gobbling them up for their (perceived) scarcity. Once they get them, they hold tight (out of fear they won't be able to find again, or at least not as cheap). This "cycle" keeps spinning itself and the only way to stop it (and drive prices down) would be for a huge influx of these to the market...I don't see that happening.

[judsonhamlin]

I agree - I think that the the total population of the cards being relatively small in the context of the set as a whole will keep the prices from dropping. We are in a cycle (a "Cycle" cycle if you will ) of far more of these cards going into collections than coming out

[Bridwell]

I agree with Mike H. AB460's in good are selling for $90-$125 range. Some poses are rarely seen and could sell for more. But that's not relevant because this thread is listing the typical price for the back types.

Ron R