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Interesting addendum.
Heard through the grapevine that originally, this card was sent to psa to be slabbed. Psa came back and said it would be graded a 9. Card was not slabbed and was then sent to Sgc for grading. |
Mantle Card
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Regarding the $12.6 million figure, I think it borders on insanity to think that number is a so-called disappointment. To the best of my knowledge, the recent $7.25 million private sale of an SGC 2 T206 Wagner was the previous highest recorded sports memorabilia sale. The $12.6 million figure is a 74% increase over that Wagner sale, a mind-blowing spike and certainly a huge boost to an already red-hot sports card market. Every hobbyist should be celebrating this sale. It is truly a landmark event that may transcend the hobby to another level. |
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I'll take the minority view here. I am one of the ole timey "scrooges" who laments the fact that the hobby I love has turned into investment property. The more cards go up the less likely it is true collectors who care about the game and the sets will ever be able to attain them.
i think the buyer has every right to spend their money however they want and it likely was a good "investment." I just long for the days without some third party assigning a number to your treasure that determines its worth. I know I am a dinosaur and the ship is sailed but thats how I feel. |
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Heritage allows people to send offers to winners of cards from their auctions. For the Mantle, it suggests an offer of $18.9 million or more. Nothing like a $6 million return on investment in 3 days, before you even have the card you just won in hand.
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The winning price is indeed awesome, but .....
The winning price is indeed awesome, but if the right object comes along.....
Around May 19, 2022, for the first time ever, a 1955 Mercedes-Benz 300SLR Uhlenhaut coupe was offered at auction by the Mercedes-Menz museum to fund a scholarship program for their future budding engineers. Heretofore, that "priceless" car, one of only two built and both ensconsed by Mercedes in their museum, was not for sale at any price. So, it went on the auction block in Europe, and sold for an astronomical record for a motor car----$143,000,000. As I said, the right object, in impeccable condition, with a beauty, integrity, and history that's off the charts, will reinvent expensive. These kind of things are never cheaper by the dozen. A dozen were never made. In our card world, the right set, with a fascinating history, and distilled down to among the highest graded Mickey Mantles, of which less than a dozen exist (sure, at one time there were many dozens of them made, but not today, particularly since most were soaked in the deep.....)---the creme of the creme will draw the well-fixed interested buyers and pay....gladly. --- Brian Powell |
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There was lots of chatter in the last year about how PSA has really tightened up their standards for giving out a PSA 10. Which is why "buy the card, not the flip" has always been such a prevalent mantra. The problem is, a large portion of the market, especially in the higher end stuff, is obsessed with the grade, as seen with the grade shopping and crossover attempts. My suspicion is that if you bought 10 copies of a card in one grade, say, a PSA 9, and you re-submitted all 10 of those in the same order, cracked out of their slabs, you would not get back the same results. |
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Meanwhile, I personally would not have paid that for the card. I'd rather have a nice midgrade card and a beach house in Malibu. There's more to life than baseball cards https://photos.imageevent.com/exhibi.../caligirls.jpg Or so I have heard. After 27 years of marriage, I have no friggin' idea. |
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I am not sure how I feel about how a slight tilt on a card from an issue that is prone to severe tilts should impact the 10 consideration. If the card is "perfect" otherwise can you really put it in the 9 holder? |
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The card went for 2.6 million over the target price about 10 million.
I understand the various feelings (good, bad, ugly) regarding the final price. Change happens and our hobby is no longer the way it used to be. Investment is now a motive perhaps more than anything else. Lets assume the card went for 2.6 million under the 10 million estimate = 7.4 million final total. Interesting to contemplate the reactions if that had happened. Rare art is really just some paint on a canvas. Do we knock the current market and what someone is willing to pay? A Ferrari is just a car with fancier sheet metal and motor. Do we knock what one is willing to pay? A baseball card is just cardboard with a players picture, should we knock what one is willing to pay? A rich person paying mega bucks for a 15 bedroom mansion ... you get the point. On the one hand it sucks for us regular folks who can no longer afford what we used to buy. But on the other hand, the stuff we do have is now worth way more. Aw, jeez. It is what it is. Overall, I lean toward this Mantle sale as generally good for the hobby. Steve Parmentier |
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How come no winner has come forward?
Are we sure Heritage didn't win this? Aren't they allowed to bid in their auctions? Did they hit it one too many times? |
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Sgc will go to 11! |
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So many haters on this site. Two guys (maybe this thread or another) are calling the guy heartless and blaming people freezing without electricity on whoever bought this card. Shoeless Moe is doubting its a real a sale because the winner is not all over the media -- why does the buyer need to announce himself? Other people have already decided its a forgone conclusion that this card will be flipped in 6 months to 2 years for profit. Why do you assume this, and even if its true, what's wrong with that?
Someone purchased an amazing example of a top 2 iconic baseball card. They had the money, and they paid up for it. Why are they cold/heartless, or seeking attention, or looking to make a quick buck? Why such negativity toward a record-breaking sale and the guy (or girl) who bought it? And remember, there was at least one bona fide under-bidder here, and likely several more above $10mm. Sincere congratulations to whoever bought the SGC 9.5 Mantle. If I had the money, I would have been an active bidder. I think its an amazing card and I think this sale is good for cards and the industry. |
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Some expect the winner to be disclosed because that is what is usually done and the norm for huge sales like this; it becomes public knowledge. Heritage publicly discloses, and situates themselves in a place where it is legal too, bid in their own auctions and run items up often leading to speculation that they night have done what they say they can do and have done. Disclaimers: I do not care who bought it, and I do not care if Heritage got it on a shill bid. I do not care that someone chose to spend their $12,000,000 in this manner. Good for them. I hope they are happy. I don't need their name. The 1952 Topps Mantle is a nice card and Mickey Mantle was a great player. This copy is a nice copy. |
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With all the vitriol being flung his way, I would not be surprised if the winner never makes his or her name public. |
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"Thousands of people will die this winter because they can't afford gas or heating oil or electricity and will freeze to death and some guy spends millions on a friggin baseball card. I wonder if he gives a shit about them. I will guess he does not. The priorities of things has gone to hell." |
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I get that people are excited about record sales that could help produce profits on big cards or even middle cards as publicity is great, but the repeated hyperbole, misreading of anything not serving this purpose as hating, and more is extreme in these threads on this card.
Disclaimer: The 52 Mantle is a great card. Mabtle was a great player. I like it and I like him. This copy presents well. I hope all of you make tons of cash from your cards. |
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What is it about this card that makes people go crazy? It’s a unique phenomenon. |
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Quite a few people here remember a time when a lower grade '52 Mantle was somewhat attainable. That ship has now sailed for many of us. Some people get on with their lives. For others, it continues to grind their gears. To me, it underscores an often valid maxim; the worst regrets we have in life revolve around things we didn't do. Yep, I should have bought that card when I had the chance. I didn't. Oh, well. |
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It is too bad that now we can now reduce fighting and unprovoked off base aggression to cards. Maybe those who keep coming unglued should take a time out and catch their collective and collector breaths. Someone's Sun was wrecked and now we got two collectors whose entire Tuesdays have been decimated due to a discussion over a baseball card. Really? |
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This is not anything new. Priorities are not "going to hell" all of a sudden. It's just how one part of the planet's economy has always functioned. And the buyer might even have a big philanthropic side as well; there's no way of knowing (at least not yet) if he's the Mr. Burns that you guys want to assume. But regardless, it's so pointless and unhealthy to let wealthy people spending their $ on an asset bother you so much. |
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