52 Mantle's. Will they sell for asking?

[irv]

http://www.ebay.com/itm/1952-Topps-3...AAAOSwo4pYSc2m

http://www.ebay.com/itm/1952-Topps-3...4AAOSwImRYSc0U

This one could be a mistake listing as there is no picture?
http://www.ebay.com/itm/1952-Topps-3...UAAOSwa~BYSc1Q

The same seller owns/has all of these.

[Neal]

$100 in eBay bucks right there

[irv]

Originally Posted by Neal

$100 in eBay bucks right there

[FourStrikes]

Originally Posted by irv

http://www.ebay.com/itm/1952-Topps-3...AAAOSwo4pYSc2m

http://www.ebay.com/itm/1952-Topps-3...4AAOSwImRYSc0U

This one could be a mistake listing as there is no picture?
http://www.ebay.com/itm/1952-Topps-3...UAAOSwa~BYSc1Q

The same seller owns/has all of these.

uhh..NO.

JMO..

.

[MattyC]

The 7 very possibly close. It's priced in line with relevant sales and Tony certainly has the clientele.

[irv]

Originally Posted by MattyC

The 7 very possibly close. It's priced in line with relevant sales and Tony certainly has the clientele.

I am not familiar with, Tony. I assume the cards he has for sale are consigned?

I wish these were under the normal auction process rather than the BIN format as these would be fun to watch.

[pokerplyr80]

I don't see any problem with the asking prices. As Matt said they seem in line with previous sales. If anything a nice 7 for under 200k seems like a relative bargain.

[Peter_Spaeth]

Originally Posted by pokerplyr80

I don't see any problem with the asking prices. As Matt said they seem in line with previous sales. If anything a nice 7 for under 200k seems like a relative bargain.

As linked in my prior post a very nice (if not quite centered) SGC 7 just sold in Goodwin for well less than half that. 87K.

[Peter_Spaeth]

Originally Posted by MattyC

The 7 very possibly close. It's priced in line with relevant sales and Tony certainly has the clientele.

His clientele likely will buy from him direct then.

[irv]

Originally Posted by pokerplyr80

I don't see any problem with the asking prices. As Matt said they seem in line with previous sales. If anything a nice 7 for under 200k seems like a relative bargain.

Originally Posted by Peter_Spaeth

His clientele likely will buy from him direct then.

All 3 have ended. I assume that is inconclusive if they sold or not?

[Republicaninmass]

Some if these, like similar cards, are just to prop up the laurels of a consignor, and the asking price of the card. Any serious buyer would go directly to the seller

[Peter_Spaeth]

Originally Posted by irv

All 3 have ended. I assume that is inconclusive if they sold or not?

Probably sold off ebay, I would guess.

[botn]

Originally Posted by irv

All 3 have ended. I assume that is inconclusive if they sold or not?

Dunno if they sold but this one, http://www.ebay.com/itm/1952-Topps-3...c2m&rmvSB=true he had listed in Aug and I was informed it had "sold" in Sept or Oct only to reappear and now disappear again. No record in VCP but the sale was supposed to have taken place on ebay. If he got his price I would say he did very well.

[Peter_Spaeth]

Originally Posted by MattyC

The 7 very possibly close. It's priced in line with relevant sales and Tony certainly has the clientele.

Or not.
http://goodwinandco.com/1952_Topps__...-LOT34498.aspx

[Republicaninmass]

Part of the problem was people just selling there socials and never moving into properties. IMO It's much more than that, but that was the most blatent fraud among developers and buyers.....not to get too politcal

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[1952boyntoncollector]

Originally Posted by Republicaninmass

Part of the problem was people just selling there socials and never moving into properties. IMO It's much more than that, but that was the most blatent fraud among developers and buyers.....not to get too politcal

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I not talking about the whole housing crash, i just describing one small aspect and 'part of the problem' just like you did in your post. I dont think one sale of a baseball card as well describes the entire baseball card hobby market.

Again though, you just said there was blatent fraud and the other poster talked about that there must of been many face to face transactions and money changing hands and people were moving into the properteis so the sales had to be more real. So you are supporting my argument that you can have 'sales' but that not be real in the housing market very easily. I do not think you can argue that for a period of time the housing market prices were not manipulated.

[Republicaninmass]

Not to poke a hole in your analogy, But didn't money change hands with a housing sale, regardless of they paid their loan or not? If the sale never closed, then it would be a fraudulent report, no?

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[1952boyntoncollector]

Originally Posted by Republicaninmass

Not to poke a hole in your analogy, But didn't money change hands with a housing sale, regardless of they paid their loan or not? If the sale never closed, then it would be a fraudulent report, no?

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I addressed this. It was banks money not the person's money. House is owned by the bank not the person. People could pay 250k when it wasnt their money. For some reason people like to pay more for things with other peoples money.

In fact, people owed more money than the house was 'worth'. A legal obligation was made for the buyer to pay back the bank. Even if they didn't pay back the bank, the house was considered 'sold'

There was fraud on the banks many times when they were lending 250k to people with no jobs with no ability to pay back the loan and the mortgage broker would make a huge fee to get the loan approved so there were huge incentives to get the loans approved by whatever means necessary.

Bottom line in the house market, if you look at 'past sales' The sale prices are shown without mention if they are Cash deals or for deals that are funded entirely by borrowed funds. Both are considered sales as one situation the hoouse was actually paid for by the buyers money, and the other situation there was a legal obligation to pay back a bank (with no ability to pay back in many of the foreclosure situations ) who forwarded the money. The analogy is that in the card purchase situation and in that problem mortgage situation, there was a legal obligation to pay and thus both are considered a past sale. In the baseball card market we dont know if the card was actually purchased or just sold unless the auction house tells us but in both cases the card was indeed 'sold'

Banks could get judgments against the buyers who didnt pay back the mortgage and so could the auction house against the bidder who didnt pay. In both situations the house/card was purchased because there was a legal obligation to pay.