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  #1  
Old 06-11-2014, 10:15 AM
murphusa murphusa is offline
Jim Murphy
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Default What's it Worth

Never understood why anyone would pay a premium on an item all because it was owned by another collector.
A case in mind is the Big Six Boxed Game. All because it was owned by Mark means it should cost more?
Over the years I sold Mark a couple of games at shows in the Philly area and I don’t remember ever thinking, “Here comes Mark, I should charge more for this game”
Just a though but find it interesting that someone would do so because a certain collector once owned it

Last edited by murphusa; 06-11-2014 at 10:16 AM.
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  #2  
Old 06-11-2014, 10:23 AM
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Quote:
Originally Posted by murphusa View Post
Never understood why anyone would pay a premium on an item all because it was owned by another collector.
A case in mind is the Big Six Boxed Game. All because it was owned by Mark means it should cost more?
Over the years I sold Mark a couple of games at shows in the Philly area and I don’t remember ever thinking, “Here comes Mark, I should charge more for this game”
Just a though but find it interesting that someone would do so because a certain collector once owned it
You're assumption of where the premium comes from is off.

Some "famous" (for lack of a better word) collectors are known to have high quality items with solid providence and are usually one or two owner pieces. You pay the premium for that.
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  #3  
Old 06-11-2014, 11:06 AM
murphusa murphusa is offline
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Originally Posted by jhs5120 View Post
You're assumption of where the premium comes from is off.

Some "famous" (for lack of a better word) collectors are known to have high quality items with solid providence and are usually one or two owner pieces. You pay the premium for that.
how many paid a premium for Halper stuff only to find out it was junk.

I have experienced this a few times in more than 30 years in this business when people offer an item for sale and tell me that so and so owned the item.

never made sense to me
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  #4  
Old 06-11-2014, 11:18 AM
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Originally Posted by murphusa View Post
how many paid a premium for Halper stuff only to find out it was junk.

I have experienced this a few times in more than 30 years in this business when people offer an item for sale and tell me that so and so owned the item.

never made sense to me
Again they were paying a premium for precisely what I just described, it just didn't turn out so good.

There is no premium associated with "[insert name] touched this item" there was a premium associated with "This item came from a collection of the highest caliber".
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  #5  
Old 06-11-2014, 12:10 PM
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Jim,

I will chime in here since it is me you are referring to. I could care less that Mark owned it, but the fact that the condition it was in was impeccable is why I paid the premium. Having known Mark for a long time, I know that this Big Six game was the best condition one known, and I wanted it for my collection, being a Matty fan.

Hope this is what you were referring to.

Greg

Last edited by gnaz01; 06-11-2014 at 12:13 PM.
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  #6  
Old 06-11-2014, 12:45 PM
murphusa murphusa is offline
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Greg,

Not picking on you at all just using as an example as that was written in your initial post. Over the years I have been offered items that come with the Tag that so and so owned this item, and it never made much difference to me who owned it before.

but the seller always thought a premium should be paid, because someone special owned it

so I was just curious as to what others thought.
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  #7  
Old 06-11-2014, 02:16 PM
packs packs is offline
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I've seen cards sold from player collections. There are a few Casey Stengel and Mickey Mantle collection cards out there. If I saw a common card with a tagline of "Don Mattingly Collection" I know personally I'd rather have that card than any old version of the same card and I'd pay a premium.
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  #8  
Old 06-11-2014, 02:27 PM
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Quote:
Originally Posted by murphusa View Post
Never understood why anyone would pay a premium on an item all because it was owned by another collector.
A case in mind is the Big Six Boxed Game. All because it was owned by Mark means it should cost more?
Over the years I sold Mark a couple of games at shows in the Philly area and I don’t remember ever thinking, “Here comes Mark, I should charge more for this game”
Just a though but find it interesting that someone would do so because a certain collector once owned it
It's his business what he pays...it doesn't matter if you don't understand or not. It's really that simple.

Albert
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  #9  
Old 06-11-2014, 02:49 PM
murphusa murphusa is offline
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Never understood why some dealers considered themselves celebrities either
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  #10  
Old 06-11-2014, 03:04 PM
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Quote:
Originally Posted by murphusa View Post
Never understood why some dealers considered themselves celebrities either
Whoa! Mr. Mint is a celebrity (in his own mind)...
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  #11  
Old 06-11-2014, 04:14 PM
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A collector doesn't have to apply a premium to provenance if he doesn't want to, and provenance in and of itself doesn't prove authenticity.

But the history that a a Salvador Dali painting belonged to Albert Field, the world renowned Dali expert who know Dali personally will impress most potential buyers as it should. And that a game belonged came from the collection of a respected old time collector is not entirely irrelevant.

Besides, old items are historical artifacts, their history should be of interest to the collect. I would seriously wonder about a collector of historical artifacts who had no even passing interest in where they come from or who (famous or not) owned them. Why wouldn't it be of interest and premium in value that a hair brush belonged to Greta Garbo. But if you have no interest in an old brush or movie star provenance, that is fine. Autograph collecting comes across as rather stupid to me when I think about it. Thousands of dollars for an ink squiggle an old piece of paper. But to each his own and who am I to judge. And, besides, there are autographs I'd think it would be neat to own.

Next time a non-collector says "I don't understand baseball card collectors? How can they financially value and pay money for a piece of cardboard?," point out that a $100 bill is a piece of paper.

Last edited by drcy; 06-11-2014 at 04:42 PM.
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  #12  
Old 06-11-2014, 04:45 PM
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Quote:
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Whoa! Mr. Mint is a celebrity (in his own mind)...
Mr. Mint the Richard Simmons of sports cards.

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  #13  
Old 06-11-2014, 06:22 PM
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Mr. Mint the Richard Simmons of sports cards.

Perfect!!
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  #14  
Old 06-11-2014, 06:30 PM
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Collect what you want. If you don't care for hobby history or provenance that is your right. Me, personally, I think it is really neat to own a card that used to belong to Jefferson Burdick:

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  #15  
Old 06-11-2014, 07:32 PM
Bestdj777 Bestdj777 is offline
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Quote:
Originally Posted by Exhibitman View Post
Collect what you want. If you don't care for hobby history or provenance that is your right. Me, personally, I think it is really neat to own a card that used to belong to Jefferson Burdick:


Agreed. I paid a premium for my one Burdick card and would probably pay a premium for a F. Scott Fitzgerald card if I were to come across one. Might even pay a premium for a Lionel Carter card if one fit my collection.
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  #16  
Old 06-15-2014, 05:00 PM
Topnotchsy Topnotchsy is offline
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I find that for me it depends on the item and the person. There are a collection of Moe Berg cards online that came from his personal collection and were slabbed as such and I think I'd pay a (small premium) if I ever chose to go after those cards. On the other hand, cards from someone like Dmitri Young's collection don't do anything for me.

When it comes to other items, as mentioned there's a provenance component. I loved following the Stan Musial auction a little while back and thought the team-signed baseballs were much cooler for having been in his collection (I picked up a couple of WWII team signed balls...)
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