Money in the hobby

[oldjudge]

"when you consider that the 1903 E107 Mathewson in the REA auction, which went for $144,000, was a $900- $1000 item in 1995--thus increasing in value around 150 times in just over ....."

Larry-I'm not sure where you are getting your 1995 number from. In the mid-1990s I won a beat to hell Mathewson E107 in a David Festberg auction for $2000. When I got it I found that the condition was even worse than described and I called David to say I was returning it. His response? No problem--the under bidder was Larry Fritsch and he'll take it.

[ls7plus]

Originally Posted by oldjudge

"when you consider that the 1903 E107 Mathewson in the REA auction, which went for $144,000, was a $900- $1000 item in 1995--thus increasing in value around 150 times in just over ....."

Larry-I'm not sure where you are getting your 1995 number from. In the mid-1990s I won a beat to hell Mathewson E107 in a David Festberg auction for $2000. When I got it I found that the condition was even worse than described and I called David to say I was returning it. His response? No problem--the under bidder was Larry Fritsch and he'll take it.

I'm just going by a guide issued in 1995 which I have found to be pretty reliable on a consistent basis. But a guide is just a guide. It would not surprise me at all to learn that several very knowledgeable collectors such as yourself and Fritsch would go well over guide when they knew how rare and significant that card was. I purchased a 1925 Gehrig rookie at the '98 National in ungraded VG for $500, and the seller almost begged me to take it at that price. After I verified its' authenticity with my 16X loupe, he really didn't have to try so hard, since I had other information that they had been changing hands at $1100 in the same grade around that time. I hope you kept it!!!

May your collecting bring you bliss,

Larry