Bit of a price drop, I'd say

[nolemmings]

I was going to have a different title and content when I first started, because I thought these were the same card with "improvements". Seems they are close but different. Anyway, the first of these sold 8 months ago in Goodwin for $2499, and the second, slightly nicer one sold last night for $321, also in Goodwin.




Same seller so presumably same customer base, less than 8 months apart, same condition and grade, scarce series so no worries about huge supply out there (these may be the only two). Hmmm. Also a little odd that the first one had a minimum bid of $500 yet last night's started at $150, when the history would suggest it would go for much, much more.

I"m not trying to go all Spaeth here, I just find these results interesting. Maybe there were only two guys battling for the first one and now the patient one reaps his reward--who knows?

[ctownboy]

Does it matter that the first card has "Joyce" listed on the flip while the second has "Sport News"?

David

[nolemmings]

It shouldn't matter, as both were listed and advertised as Green-Joyce by Goodwin in the auctions, but you bring up a good point--the first has all the puffery and extremely rare description while the second makes no mention of that:

http://www.goodwinandco.com/LotDetai...entoryid=23808

http://www.goodwinandco.com/1916-M10...-LOT26486.aspx

[Peter_Spaeth]

One wonders why Bill didn't include a similar description the second time? Even if no longer the only one certainly still rare.

[ctownboy]

So, even though it "shouldn't" matter there is a chance that whomever purchased the second card, theoretically, "could" send it back in so as to get a new flip with Joyce on it and that "might" up the price if they wanted to sell it?

David

No, I don't own the card or know who does. Just wondering......

[oldjudge]

I think the answer is that with the number of Green Joyce cards in the auction bidders realized that this back is not as rare as previously thought. The cards were weak compared to prior levels across the board.

[HRBAKER]

Originally Posted by oldjudge

I think the answer is that with the number of Green Joyce cards in the auction bidders realized that this back is not as rare as previously thought. The cards were weak compared to prior levels across the board.

My thought as well

[Exhibitman]

Originally Posted by oldjudge

I think the answer is that with the number of Green Joyce cards in the auction bidders realized that this back is not as rare as previously thought. The cards were weak compared to prior levels across the board.

+1

[Sean]

Originally Posted by oldjudge

I think the answer is that with the number of Green Joyce cards in the auction bidders realized that this back is not as rare as previously thought. The cards were weak compared to prior levels across the board.

+2

[h2oya311]

There are always winners and losers at the same auction.

The same EXACT 1916-20 W-UNC Rogers Hornsby card graded PSA 6 sold in August of 2012 for $1,025 and then sold last night for $3,327. Same AH, same card, almost the same description.

Not sure what happened, but I'm not complaining...since it was my card!

I concur with others that it is likely the perception that Green-Joyce cards are more plentiful than previously thought. They're still pretty darn rare, so I'd say the price drop is staggering!

[tbob]

Originally Posted by oldjudge

I think the answer is that with the number of Green Joyce cards in the auction bidders realized that this back is not as rare as previously thought. The cards were weak compared to prior levels across the board.

+1. Exactly.

[CW]

If my count is correct, I believe that should be a "+3".

Just sayin'...

[nolemmings]

I agree that there was a bit of a glut on these-- I had only confirmed 17 subjects in the 200 card set and now that has more than doubled. To me though, that would more likely explain a drop in the price of commons, as type collectors could select from several. A Cubs or Tinker collector will still likely wait a long time before seeing another example, unless its one of these two Goodwin sold. It's kind of hard for me to believe someone just spent $2500 for a one of one but now that there's a one of two the price drops by nearly 90%. Oh well, stuff happens.

[HRBAKER]

Not so Todd.
A Cub collector would tell himself, "wait until next year."

[wolf441]

Originally Posted by h2oya311

There are always winners and losers at the same auction.

The same EXACT 1916-20 W-UNC Rogers Hornsby card graded PSA 6 sold in August of 2012 for $1,025 and then sold last night for $3,327. Same AH, same card, almost the same description.

Not sure what happened, but I'm not complaining...since it was my card!

I concur with others that it is likely the perception that Green-Joyce cards are more plentiful than previously thought. They're still pretty darn rare, so I'd say the price drop is staggering!

Congratulations on that sale! I was looking over the auction results (I didn't take anything home), thinking that the prices for some issues were a bit insane. When I saw the Hornsby, my first thought was "that's the ugliest card that I've ever seen!" and then I saw the price...

Or how about the T206 Johnny Evers With Bat - Sovereign 150 SGC 30 that went for $4600+ w/ BP??

[calvindog]

The population of these cards have increased dramatically -- look at how the prices for lower graded E98s have dropped since the Black Swamp find. The pricing history which has been traditionally troubling is when the same cards sell for $2500 one week and then $320 the following week which, of course, has happened.

[brewing]

Can someone please tell me why there is a mark qualifier?

[bobbyw8469]

Can someone please tell me why there is a mark qualifier?

I'm guessing the blue corner has something to do with that!

[Leon]

The problem with collecting rare and scarce cards is when you acquire them they are one population known and many times when you sell them there is a larger population known. I live it every day. But it does make the stuff that is still rare, even more desirable (if that is what you collect).

[brewing]

Originally Posted by bobbyw8469

I'm guessing the blue corner has something to do with that!

That's what I first thought, but both cards have blue in the same corner.