1865 Brooklyn Atlantics CDV for sale
 

This is a really nice piece of baseball memorabilia. http://abcnews.go.com/Business/slideshow/1865-baseball-card-worth-100000-2165601"]

Everyone but me is up in Maine preparing to bid, but thanks for posting.

Scott- I'm home where it's nice and quiet.

My guess is that the card will go for no more than $30,000. What do you think?

I don't know, but I'm going out for a steak dinner on the money I saved by Saco not taking me up on getting the testing one.

Back in my own realm, I won this today - I'm pretty sure it's an 1865 Atlantics reunion game. I just need to find a way to get it in an SGC slab with the proper labeling, and it's steak dinners for the rest of the month.

Scott just a pretty image wow

Jay,
I still think it will go for $40-$50 K, unless, of course, none of the usual suspects bid.

I am assuming that you missed this great read of a thread about this card... prepare to spend some time on it if you want to get through it all as it does have 338 posts.
http://www.net54baseball.com/showthr...highlight=1865

Why does SGC have to approve of your photo? It's amazing.

Matt, I was being my usual smart-*ss self :)

+1

trending now
 

It's # 1 on the Yahoo website.


john

Nice pickup Scott! I was going to bid on this and forgot to set a snipe.:eek:

http://www.pressherald.com/news/Rare...ion-house.html

The funniest thing is that the winner is a financial advisor.

As a investment for his 4 year old son. So sounds like the guy doesn't even collect baseball. Wonder what rare card they will find next in a attic or old book.

Also can anyone ever see it selling for triple this amount like he thinks when he decides to sell it?

You've gotta hand it SRA. I don't think the card would have brought 80k in any of the major sports auctions.

I'm glad they found something on Net54 that they could use:

"While it is similar to the card in the Library of Congress, the card found in Maine is printed from a different negative. The two images originally could have been viewed together through a stereoscopic viewer, which created the illusion of three-dimensional depth from two-dimensional images."

This is the problem with auction hype. Now some guy spent 80k thinking it's going to triple and pay for his 4 year old's medical expenses.

Even if it doesn't triple the 80K would be gone if it weren't tied up in the card. I don't see it selling for less. Still a good investment.

1865 Brookly Atlantics
 

I just got back from the auction card went $92,000 with the juice---it will be on ebay tomorrow check it out and u will not believe the price. Don

270k?

Did the $92,000 include state taxes??

Thanks for that breaking news, Don. You've been all over this from the beginning. Did you get any interviews with the media today?

When does he expect to sell it to triple his money ?

:eek: I DO NOT BELIEVE YOU :eek:

What was/is this guy thinking? Some combination of the following, I'm guessing.

1. The winning bidder feels that somehow all the knowledgeable collectors (except one, the underbidder) missed hearing about this item, but he was lucky enough to attend the secret auction and get a steal
2. The winning bidder knows nothing about baseball collectibles, but figured that as long as someone else was bidding, it was safe for him to place another bid
3. The winning bidder thinks there's someone on ebay who knows even less than he does
4. The knowledgeable collectors weren't at the secret auction because they will all be waiting on ebay, since that's where they feel most comfortable spending their money

So, knowledgeable collectors - Don got the scoop for you. Go fish in the bay tomorrow.

At least the guy had a cute girlfriend. Lol

This guy also was the winning bidder of the Nash N173 in the August Saco auction. I believe that he paid over $5000 with the vig which is 2-3x what I think it is worth. Now he is selling it on EBay:

http://www.ebay.com/itm/1888-OLD-JUD...p2047675.l2557

Can it be long before the Atlantics card hits Ebay. This gets funnier and funnier.

Is this her?

http://www.ebay.com/itm/HUGE-5-FT-CH...item3a72f093ca

I was going by the pic in the news article.

I'm taking #3, Scott. He's even selling his racing mice on Ebay to pay the bill.

http://www.ebay.com/itm/1950s-YONE-T...item3ccb7c45d2

Brooklyn
 

I believe it went up to 80K

I'm thinking that was the model that held the card during the auction. Oddly, the use of a model does make the card look more appealing... :)

http://media.pressherald.com/images/...e%20card_2.jpg

Being a jaded Canadian tax lawyer, I often think purchasers list items for resale so they can escape state sales taxes by using the resellers tax exemption. If someone pays the huge markup, great, but if not, the purchaser has saved the taxes

100% agree. Kudos to Troy and them for putting together a great auction.

LOL at whether she's the girlfriend or the auction model. I bet the guy drives a bright yellow Hummer.

This guy has hundreds of lots listed on Ebay now, most of it low value material. This is all very strange. Not the typical MO of someone who goes out and spends almost $100,000 on a card, and a very esoteric card at that.

I think she's the auction model. If she's the girlfriend, I would have signed up and tried to outbid him.

Jason Leblanc and his girlfriend Melinda Yung.

http://media.pressherald.com/images/...e%20card_1.jpg

There is a very good chance the card sold for what it did because of the publicity. (kudo's to SACO for that) If ya'll remember the Peck and Snyder that was on Jay Leno, from the nuns, brought about 75k in auction. The next time it sold it sold for approx. 30% less, if I recall correctly. At any rate congrats to Troy, Saco Auctions, the consignor.....and I guess the winner.

I agree the price was most likely enhanced by all the hoopla...the price doesn't surprise me as much as the buyer?!

I guess I don't understand the criticism here...a nearly unique card of a very important team sells for $92,000 which is chump change to the high rollers in this hobby and for the most part this is bringing ridicule in this thread.

no criticism here...cards like this are tough to gauge where they will sell...as evidenced by the contest! the guy who purchased it seems like a nice guy who is trying to do the right thing to help his family...I think that's great!!!! I just find it interesting that a relative non-collector would invest a large sum of money on a relatively obscure rarity...for investment purposes! That's all!!!!

I tend to agree with our Canadian friend that this guy is a collector who is using his tax number to avoid taxes by spending 5 cents a month to list his cards on ebay at astronomical prices.

No criticism, but $92K for a nearly unique card is a chunk of change. Things go up, things go down. Who knows if this will go up to provide that medical coverage. Don't know.....risky proposition to bank things on in my book..........

I don't know what type of financial resources the buyer has BUT, if I had a sick child that needed a lot of hospitalizations I don't think I would be dropping over $90,000 dollars on a nearly one of a kind card in HOPES that it triples in value. No, I would take that $90,000 and put it in a mutual fund (or a Certificate of Deposit) and just sit back and watch it.

Those might not be sexy purchases or "investments" but they ARE liquid and somewhat safe. Need cash quick for a medical emergency? Sell the mutual fund or cash out the CD. Can't really do that with the card.....

Since this guy is a financial adviser, I wonder what his advice would be to a client who came in and proposed to do what he just did?

David

I too think he is a collector and might be using the "for sale" gig as a way to avoid taxes legally. Just an opinion and I most certainly could be wrong. But betting that much on an unknown, and my understanding is to pay medical bills? Sounds kind of crazy to me....but hey, I too am crazy so who's to say!!

Hey Peter, in my other life as a postcard collector I recently ran across this little gem in my collection. Send me your address in PM and I'll get it in the mail to you.

It is circa 1910 from Germany

Cool postcard
What city is that?

It just happened and it was a big deal. We've been anticipating this auction for a long time, and if you look at the estimates given by board members (some, at least, I think you would agree whose opinions we all respect), they are not generally up in the $80K + range. Given that, you might expect some eyebrow-raising, which might come across to you (and I'm sure Don and Jim) as criticism or ridicule.

I like the fact that we have a discussion forum like this to throw our thoughts out, even if they might not always be politically correct, well-written, publishable or even 'fair' to the 'victim'. I also like the fact that, even though you are a moderator, you are one of the more opinionated board members and don't feel the constraints that some forum moderators on the internet might feel. Keep it coming!

The tax thing makes sense - I hadn't thought of that. In addition, this guy is more of a collector than he let on. Perhaps he just has a huge wad of discretionary income and simply wanted this card - we've seen that happen plenty of times on this board (and we've sometimes ridiculed it :))

It doesn't really bother me and I kind of thought the hounding this board did on that photo really helped it in the end...IMO Saco owes a few people over here a thank you. I just don't understand the ridicule of the buyer in this instance because it basically is a one of a kind item of one of the most important teams in the dawn of the game. The predictions were meaningless and always will be when it comes to rarity.

I might be remembering this wrong, but I think the winning bidder stated that he knew nothing about this sort of item. To me, if you put that together with the lower final value predictions, and his stated reason for purchasing it, and you have kind of a questionable expenditure of money that would invite what you are calling "ridicule" (I wouldn't call it that). That's just my opinion - again, thanks to the moderators for allowing me to express it without....being ridiculed.

I don't see how its questionable though. It's one of a kind with the prestige of the only other copy being in the Library of Congress. Plus the cdv got a ton of press before the auction went live too, just like that Peck and Snyder that surfaced a few years ago. Even if a guy didn't know much about sports memorabilia, he'd still purchase a Wagner if it came around and he had the money. In my opinion this piece is a lot more special than a Wagner.

The 92+ K wasn't "pocket change" to him. In one of the news articles, he said that if it was went for much more, he would not have been able to afford it.

If you followed it 'live' via the Youtube thing they had set up, there were some long pauses where the bidders were apparently giving their next bid some serious consideration. Don could probably tell us how many bidders there were, but when this item hit something like $40K, 'fair warning' was issued several times.

My speculation is that if the eventual winner hadn't been bidding, it would have gone for an amount much closer to the predictions given by board members. But if there were three bidders at the end, then it's a different story.

The guys here who gave their estimates (yesterday and previously), include some serious collectors and historians who know their stuff - I would not just toss their opinions aside. As I've mentioned previously, but it got lost in the wash - we've seen rare pieces go for huge amounts before, despite board member opinions. We've seen the same pieces sell for much less later on, indicating that perhaps we knew what we were talking about, and the winning bidder was indeed overzealous (or whatever).

Dan/Packs--price, as you know, is a function of supply and demand. This is a rare piece, but there are countless one to five of a kind 19th century items. Virtually no one, including members of this board, knew the name of one player on this team before the CdV was found. The world record for a CdV price was a LOT less than this prior to this sale. I would contend that the demand for an item like this above a price of say $20,000 is negligible. This guy, who knows virtually nothing about 19th century material, paid more than any knowledgeable 19th century collector, with the means to easily purchase this item, was willing to pay. If you don't think this is a crazy transaction, or at least one that deserves more scrutiny, then I would suggest that you need to rethink the facts.

I'm not sure what you're suggesting. Is there something subversive about his winning the card? What kind of scrutiny or questions do you think should be raised? If its a question of whether or not he paid too much, I don't think it can be answered since this is a one-of-a-kind piece and this sale is the baseline for its "value."

He may have paid too much. But don't forget there was also a under bidder.

The article said seven bidders. Would be interesting to know who bid above certain floors.......$40K....$50K.....etc.

I wouldn't be surprised if 1-2 of the bidders at or above those floors were in our midst...

Jay, looks like he is not taking a chance of losing money with an EBAY auction. Just put a higher buy it now price.

Joe

Atlantics card
 

Joking aside, The buyer looked to be genuinely glad to have won the card at auction, and the purchase is certainly a better investment than say, a new 7 series BMW sedan for the same money. For a better investment, I would think Exxon stock or municipal bonds, but those are not as much fun to own.

He said he was buying it for his sick son. If he is selling it in the near future, which some people have indicated, then this would not be an investment. If he was planning to sell it in the distant future then it most likely wouldn't be for his sick son. Some questions still remain unanswered.

If he was buying for investment purposes then I would have bought one of the Planks recently sold at auction.

From one of the four threads posted on this today.

I get the feeling that if you don't say "Yes sir" a lot to Nash, that he's going to do his best to destroy you. Sorry Troy had to go through that experience. My phone conversations with Troy were always enjoyable.

I wonder how much investigation Peter Nash did on Peter Nash? And when do you suppose we get to read about it on Haulsofshame? :cool:

Jay, I know there are very few people with as much knowledge of the 19th century issues as you and a few other guys here, and I appreciate that, but when it comes to one of a kind items, an auction setting and a widely publicized item I don't think anyone can predict what that items sells for. Is it worth less than what he paid for it? Possibly...does the sale deserve more scrutiny? Not in my opinion...clearly there was a lot of hype here.

Mr. Olbermann weighs in on the issue.

http://keitholbermann.mlblogs.com/20...baseball-card/

Olberman argues that this item does not feature advertising, so it is not the same type of 'baseball card' cdv as the Peck & Snyder cards. By default, this makes it 'something else', which means it falls into the 'calling card' category of cdv (an ancient business card), and therefore, not a 'baseball card'.

Does Olberman really believe that members of the Brooklyn Atlantics were handing out this cdv at soirees as personal identifiers? It's more likely that if team photos were made for the players, they would have been created in a much larger format - this is borne out by team cabinet cards that were created in very limited quantities. Teams still have team photos ordered in sufficient quantities to satisfy the needs of their players;e.g-your ten year old child's soccer team. Nothing's really changed in that regard.

In my opinion team cdvs such as this one were probably used for advertising, even though there isn't a commercial business name on them. Perhaps they were offered to the public by Williamson (the photographer) to advertise his skills, or maybe they were used to advertise the team...by the team. If the team commissioned Williamson to produce a pile of these, and then handed them out to people, wouldn't that be advertisement, and thus qualify them for 'baseball card' status?

But there's only one of these (the loc version is a different animal). Assuming it's not an albumen photo removed from something else and affixed to an old mount (and that might be a big assumption), another possibility is that it's a prototype that Williamson created for a team representative, with the idea that if approved, such items could be produced in larger quantities, for advertising.

Another possible use: it wasn't uncommon for teams to have a pile of postcards created, and then use those to advertise their team, handing them out at games (Western Bloomers and other bloomer teams come to mind). Were these 'baseball cards'? I don't know that this ever occurred, but I can imagine a team selling cdv's of the team, at games. It was expensive to have photos made, and gate receipts weren't generally that big, so I doubt they gave them away, but I suppose it's possible.

Peter Nash is a horror - I wouldn't wish a conversation with him on anyone. But it was impressive how he culled bits and pieces from our thread to use as if he thought it up himself. He 'forged' us :)

He quotes Net54 all the time...I guarantee he's reading this thread.

LOL

-Al

He did a pretty good job of organizing items from our thread into something he could use to build his case. It's a lazy way of doing things, but for those who don't choose to read his thread, he created his argument, then got opinions of 'experts' to verify what we had stated (e.g-presented my argument regarding the re-use of the Williamson mount, but through the mouth of someone else with a title) and re-wrote it.

Nash basically writes his blogs the way lazy high-schoolers wrote term papers - you take a good paper, reorganize it, then replace bits and pieces with other sources that say the exact same thing. That way you build up your reference list big enough for the teacher to accept it.

We don't know if or how the photo was distributed, so we don't know whether or not it can be considered a trading card.

In the 1860s, some studio CDVs of famous subjects (Abe Lincoln, Queen Victoria) were sold to and collected by the public, and these can reasonably be considered trading cards. I would call them trading cards. But we simply don't know how/why this CDV was made or distributed.

I'm not of the opinion that something has to be a trading card for it to be worthwhile, but I wouldn't categorize it as a trading card-- not because it isn't, but because I don't know that it is. And I've never been much of a 'leap of faith' person.

I think that's what I said, but maybe I was so long-winded that the message was lost.

I didn't read all the posts. I just zoomed to the end and posted my opinion.

"The nit-picking part here is that the definition of a “baseball card” has always been a card or similar item depicting a player or team that was designed to help sell another product."

Sez who? The Lord Commissioner of Baseball Cards? I must have missed that memo. I guess that means none of these are baseball cards:

http://photos.imageevent.com/exhibit...bsize/Ruth.jpg
http://photos.imageevent.com/exhibit...lmann%20PC.jpg
http://photos.imageevent.com/exhibit...y%20Mantle.jpg
http://photos.imageevent.com/exhibit...20Jennings.jpg
http://photos.imageevent.com/exhibit...Unc%20Ruth.jpg

I would say if there's no advertising/promotion of another product, but they were commercially sold as collectibles, that too would count as trading cards.

There will be a question by some about the size (another technicality), but Exhibits were sold as collectibles so would fit my definition of a baseball card in that aspect.

Keeping my opinion to myself, but a lot of folks on this board don't consider postcards to be trading cards, advertising splashed across them or not. They just consider pcs something different.

Keith's article focused on one aspect of what constitutes a baseball card, and that is how the were distributed. Typically baseball cards are readily available to the public, whether found in a box of cigarettes, a wax pack with bubble gum, a penny exhibit machine, or through some type of promotion. Even Peck & Snyders would fit into that category as anyone could walk into their store and purchase one of their photographic trade cards.

But I do not believe the general public had access to a standard CdV. That Brooklyn Atlantics was likely made for the members of the team to give out to their friends and family. The average fan of the team probably didn't even know they existed. And add to it that they had no advertising, they had no commercial value whatsoever.

So while there are various characteristics of a baseball card, and a CdV fits most of them, they were privately distributed and therefore different from traditional cards as we know them.

they were certainly different, but given that there was only one, I would add an 'if' to your above statement. I gave some alternatives in my last post.

It's understood :)

But I was kind of surprised that he proclaimed himself to be an expert on 19th century baseball cards - I've never seen any evidence of it.


Regarding cdv's, etc as advertisement. William T. Sherman wrote a letter to Napoleon Sarony, ordering cabinet photos of himself that he wished to sign at the bottom and give away. He complained that Sarony had used too much of the space at the bottom for his own studio information, and as such, it was a "Sarony advertisement". He threatened to use another photographer if Sarony wasn't willing to send him photos that did not have the Sarony information on the front.

Edited to add: “Enclosed is the check for $18. for the pictures sent—but the Special one—Imperial Mounted on a large sheet is not at all what I wrote for. Sheridan is dead, and could not if he would come to your Studio—the best photo I have of him is by C. Rankin of Washington and is on a panel 17 x 11 1/2 in which no margin at the top and sides but a good margin below for autograph, date & c. Such as a photograph should be. Gutekunst of Phila. promises me one of same size and kind of General Grant. Yours of me either 13,331 Cabinet—or 2945 panel 7 1/2 by 13 inches—No margins top or sides, but a full inch White Margin below—(without advertisement). Your photographs of Me are the best extant, but as issued are advertisements of ‘Sarony’ and not likenesses of Genl Sherman. I think you made a mistake and I tell you so with a Soldier’s frankness. ..."

The way I read into it, KO is slightly upset that the 'thing' was marketed as a baseball card and that it brought first baseball card money.

For once I would like to see him write up his opinion BEFORE the event, as opposed to getting on a pedestal afterward and proclaiming how things should have been.