Maybe Leon can add a “Communists and Socialists” section to go along with the Watercooler.

It's a zero sum game anyway. Person A has the card and Person B has $12 million. Person B buys the card. Now, Person A has $12 million (less taxes) and Person B has the card. Why should that be of the slightest consternation to anybody else?

So, if someone wants to complain about wealth inequality, they can take comfort (I suppose) in knowing that $12 million in privately held hands was reduced by a couple million, with that amount going to the government.

I think, for most of us, it's a matter of relativity. Would it be cooler to own this bit of cardboard with a couple pieces of cloth and 2 scribbles, or, for example, a game-worn Jackie Robinson flannel jersey, worn back in the day when players didn't go through 100 jerseys each season.

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By decree, all card shops within the city limits to be boarded up and closed when Mamdami wins. That’ll show em’…
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When I heard about the nearly $13MM price tag, I knew that it had to be a 1915 Red Sox item picturing Babe Ruth, maybe a type 1 photo of the pitching staff or team postcard or something like that. Because, there are very few things picturing the Babe during his Red Sox tenure. We all know that at the current low 6-figure level, those are all steals and only a matter of time before they reach 7-figures and possibly 8. Guess I was wrong……..

Or he could create a "People who are so full of shit it's laughable" section especially for you and a few other select commenters. No one on this thread said or even suggested anything about communism.

Every wealthy old white guy's bogeyman du jour, a guy who wants to tax the rich a tiny bit more. Oh, the horror!

That's how I see it, sir.

Someone having more than you does not hurt you. It might make you jealous and envious, but that would be your problem.

Yeah, the publicity will be, what a bunch of morons... :p

Ok, I suppose if you have a billion dollars to spend, then it's really only being eccentric.

:p

Hey, I think I'm somewhere between a communist and a socialist. I don't knock anybody for spending their money the way they want to, but from my point of view, give me a T206 Wags any day, but then someone else posted that person probably already has it... probably right. Who knows, that person may also contribute to a lot of worthwhile charities. I know I would if I had that kind of dough. I think these threads provoke a lot of thought about the value of new and shiny when compared to vintage. And if you're a vintage collector, just be grateful the guy doesn't collect what you do (or maybe he does :eek:).
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Everybody on this sub qualifies as “rich” to somebody else. I live in the highest tax state that has had 1 party rule for 40 years, their demand for revenue and mismanagement of funds is legendary.
You want more money? Get rid of the carried interest loophole for starters.

I hope you say the same thing when someone pays a crazy amount of money for a vintage card. Neither of them have any inherent value, it’s all about what someone is willing to pay for them

I think we live in the same state and I can't disagree with any of that...red states are just as bad at managing funds though. ZM represents a break from the status quo and that's what makes him so popular. What I don't get is why such a break is to be celebrated when it's on right but feared when it's on the left. People of all persuasions are dying for something different

If a state, or city like Chicago, has been run by the same party/ideology for decades and decades, then doubling down - going even harder in that same direction - is not going to produce a different result. It will just be more of the same, but twice as much.

The thing is that he's a party outsider. Some of his ideas are not at all what the party in power want. That party's establishment is trying everything they can to undermine his success but so far it's not working. That's one difference between the two major parties - the other one sees a party outsider who is popular and embraces them. So if your point is that the party you were referring to sucks, I can't disagree with that either :p

Didn’t expect this thread to devolve into class warfare

Any predictions on what card tops this one in the future? And when?

Exaggerate much?

The next one of these logo dual signatures that gets hyped up. And within another couple of years

Someone will get a Joe Jackson cut, whether dubious or not, get it authenticated, locate cuts of the other 7 Black Sox, and issue a set of eight 1/1 autograph cuts of the Infamous Eight. Some oil sheik in the Emirates will spend big to buy the other 7, and then pay silly money for the Jackson.

FWIW, the sale was mentioned on the local news in New York (channel 7) as part of the sports segment. The 1952 9.5 Mantle was mentioned as having the previous record.

CNN also had an article on it that mentioned the 1952 Mantle, although seeing some people’s comments on this thread they might not think that’s a trustworthy source ��


For the next card to break the record, I think it will be another modern card and I don’t know enough about it to guess what. Older cards are more predictable and I think there are only a select few that could even come close. I don’t know if any of the owners plan on selling.

I don't think it has been erased at all. Right after he died, many people were talking about the rape case and what kind of person he was. Some even said that his death was "karma." It got so bad that his wife, Vanessa, had to respond to that (they don't know what they're talking about and don't know the details of the case ... blah, blah, blah ...) Americans didn't forget what he did, but forgave him instead. And this only happened because of his talent and his accomplishments.

True! I guess I will just say that my brain can't wrap around the thought of that card selling for that price.

Agree, and I'll elaborate. I can't understand how someone can take a couple of modern signatures, remove the patch from a couple of readily available gamers, and manufacture a modern product, just 2 1/2 by 3 1/2 inches of cardboard, that someone would pay $12 million dollars to obtain.

As someone else mentioned, full gamers of these 2 players could be obtained for far less. The concept of a 1/1 card doesn't mean that's the only thing ever signed by both these guys, or that their signatures or gamers are particularly rare. It just means a company made a card and only made one.

It's not like the US mint only struck one coin with a certain date and mint mark, or the post office only made one sheet of stamps with an upside-down airplane. It's just a manufactured rarity, but not really rare in the context of all the various card manufacturers, and all the various 1/1 cards produced over the years.

Well said!

I caught the tailend of the story on cnbc this am...apparently mr wonderful is 1/3 owner of this silly jordan/kobe dual logoman card and he said it will be a part of a "fund" to invest in sportscards. HERE WE GO BOYS!!!!

News Flash
 

Watching CNBC this morning and A.R. Sorkin was talking about this card and its record sale. It turns out that Shark Tank's Kevin O'Leary (along with two partners) bought it. O'Leary made it clear that he only became interested in this industry three years ago BUT his partners (I forget their names) are fanatics and convinced him to work as a threesome to buy it. The three of them (located in different places) went on Zoom to worked out their bids until 3 a.m. O'Leary raved about cards as an asset to invest in BUT his partners convinced him to get involved. Amazing. Anyway, just an FYI. Peace.

All of this made me conjure up a movie plot:

Two friends of vast means conspire to artificially inflate the value of an item and select the very strong current sportscard market as their target. They set their sights on a card that they think features players whose values will likely never tarnish on any item. This item has to be a manufactured "1/1" in order to guarantee that they will never face any competing sales. The card is purchased at a very moderate price as compared what will transpire in the projected course of their scheme.

The item is consigned to a major auction house with a promise of a full publicity treatment. Perhaps unbeknownst to the auction house, the two men secretly bid against each other, driving up the prices to record heights.

News agencies worldwide run stories on the fascinating "most expensive card ever sold", giving this card more publicity and notoriety.

Manufactured rarity
Manufactured hype
Manufactured hobby lore
Manufactured record price

The current card bubble bursts. Well aware of the cyclical nature of the industry, the two conspirators hold on to this card until the next hobby tidal wave occurs, then place it back up for auction: "Unseen for three decades! It's THE Card!" It will now perpetually be accompanied by all its past hype. In their minds, a T206 Wagner only grows in value, so why shouldn't their record-setting "treasure"?

Isn't this manufactured rarity basically a NFT? A concept of value I've never been able to wrap my arms around.

Net54 knowing who Kevin O’Leary is but not Shyne has reminded me that this is small small pond here in terms of knowing what’s going on in the hobby

https://www.instagram.com/shyne150?i...8wZjA0Z2UybzB5

See Post 45

Purchased by a reality TV star who doesn't even know anything about sportscards. You can't make this stuff up.

As someone who's collecting realm tops out in the 10K-ish range, and very rarely in that range...what others are doing with the 6-7+ figure collectables isn't on my radar.

I realize it very much is a part of some members here, but "Oh, wow, cool, okay, anyway..." is my most meaningful input on the matter.

My spending 5K on a card is like spending 500K for some people and 5 dollars to some other people.

Oh carap, just what the hobby needed, investors that have no true interest in sports cards getting into it. This should be interesting. Hopefully they stick in the shiny stuff.

There are a few ways people may look a this, here are two thoughts:

1 - people should be grateful because now it could lead to greater valuations in their collections

2 - for active hobbyist, this could lead to even further price increases which leads to less material being within collecting budgets

One last thought is that this will probably bring in more opportunist that try to create angles to make a profit and in so doing, screwing up the hobby worse than it is now, but it's difficult to believe how much worse it can get.
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So if these patches came from gamers, I wonder what happened to the gamers they came from? Cut up for uni cards, presumably, and that's an ouch to me. One other observation: I don't think either of these guys, Kobe or Michael, will end up being regarded as the GOAT in time. That distinction will go to LeBron as soon as he quits, IMO. For that reason and others, I don't think this card will prove to be a good investment. But hey, I'm the guy that shorted the market when Covid hit, so what do I know?

Wonder who the runner-up bidder was (?)

Probably been thanking his lucky stars ever since the auction closed!

Wait till the buyer finds out Kobe Bryant ranks 1,758th in career FG%.

That's really unfair. OJ was no rapist.

Crazy
 

In my humble view the created rarity cards will not maintain value over time, all these 1/1 cards are rare yes but manufactured to be rare. Somehow I just don’t see them holding up as well as a PSA 9 Mantle or t206 Wagner. Kind of like trendy modern art versus a Rembrandt.

1/1 cards might be the most common thing out there 🙄

I think I'm with most people here in that this card wouldn't be worth $1,000 to me personally if I couldn't sell it. That said, in a world in which NFTs have gone for tens of millions, and untold trillions are spent on crypto, this purchase almost seems rational by comparison.

Manufactured rarity is an odd one in the marketplace.

Topps Heritage flip stock cards, thought to number about 5 cards total per base card, realize extremely horrible returns compared to other #/5 cards.

The flip stock cards don't have a stamped number on them, though.

They're legitimately rare, arguably more rare than some low-population cards since some collectors won't recognize them and will be tossed or otherwise overlooked...

...but they don't command a price anywhere near their rare stamped counterparts even from those that understand their manufactured rarity.

Supposedly on CNBC Kevin O'Leary said he and two other investors bought the card. He said they are putting together an investment collection just like their crypto and gold holdings.

David

Presented without comment https://www.youtube.com/watch?v=Jjj1Cloik0s

i don't see this ending well for anyone!!!

Oh life's great, the cards you have will one day be purchased by some overly rich guy just now dipping his toes into sportscards. Keep on buying!

CNBC article on topic:

https://www.cnbc.com/2025/08/25/brya...in-oleary.html

Must be nice to continue and leave no doubt about your ignorance

The 33/34 Goudey Lajoie has done quite well.

That card was produced by request, and they made enough to fill demand. Had 10,000 people wanted one, they would've made 10,000. And they weren't produced to sell, for any amount, since there wasn't any money to be made on a single baseball card during the Depression.

Got anything substantive to say?