Mantle Prices!

[Delray Vintage]

The 1952 Topps is getting in nosebleed territory. Last night a PSA 6 sold for $250k in Heartland Auction. Not complaining since I bought a 6 in 2009 for 18k. Back then the 8 was about 75k. I guess there is a rush to acquire one with all this money looking for investments. Can it continue?

[Seven]

Originally Posted by Delray Vintage

The 1952 Topps is getting in nosebleed territory. Last night a PSA 6 sold for $250k in Heartland Auction. Not complaining since I bought a 6 in 2009 for 18k. Back then the 8 was about 75k. I guess there is a rush to acquire one with all this money looking for investments. Can it continue?

I hesitate to say it can, because it seems like Mantle never loses his value, but there has to be a peak of the market

[Republicaninmass]

Kind of makes you wonder....

[Leon]

Originally Posted by Delray Vintage

The 1952 Topps is getting in nosebleed territory. Last night a PSA 6 sold for $250k in Heartland Auction. Not complaining since I bought a 6 in 2009 for 18k. Back then the 8 was about 75k. I guess there is a rush to acquire one with all this money looking for investments. Can it continue?

1952 is close enough for pre war for the front page for this subject as it encompasses the whole hobby right now. Prices are crazy. That is all I can say. When I look at stuff now I just feel very poor as almost everything I want is out of my range...

.

[MattyC]

Prices for Mick are wild now. Cost me what I got for a PSA 6 50s Mick last month, just to put a 3.5 of the same card back in my collection. I’ve vowed never to sell Mantle again. Any Mantle card sold is almost a certain regret in the future— and in today’s market that future can be barely a week. I’ve sold some Mantles on the BST here that I deemed superfluous to my collection; they wind up with PWCC stickers the next week selling for triple.

[Delray Vintage]

Originally Posted by MattyC

Prices for Mick are wild now. Cost me what I got for a PSA 6 50s Mick last month, just to put a 3.5 of the same card back in my collection. I’ve vowed never to sell Mantle again. Any Mantle card sold is almost a certain regret in the future— and in today’s market that future can be barely a week. I’ve sold some Mantles on the BST here that I deemed superfluous to my collection; they wind up with PWCC stickers the next week selling for triple.

Yes Mantle seems to be in the buy and hold category, at least until we see all these Wall Street types switch to something else. I am holding my 52 PSA 6 forever and will pass it along to my heirs.

[egri]

I passed on picking up the Mantle I need for my project earlier; with the way things are headed, unless there's a correction or I strike oil in my backyard, I may need to go without him. I'm a member of a couple watch collecting forums as well, and the same thing is going on over there. The grey market prices for new Rolexes are absurd, and for vintage Rolexes they've gone through the roof.

[dio]

Mantle is like blue chip real estate in prime location, you might overpay now but in few years you'll be glade you have overpaid. Especially the 52 topps and 51 bowman

[rjd1]

Originally Posted by egri

I passed on picking up the Mantle I need for my project earlier; with the way things are headed, unless there's a correction or I strike oil in my backyard, I may need to go without him. I'm a member of a couple watch collecting forums as well, and the same thing is going on over there. The grey market prices for new Rolexes are absurd, and for vintage Rolexes they've gone through the roof.

Indeed - watches are my other (and vintage guitars..) obsession besides baseball cards and it’s crazy what is going on in the watch market as well. Very similar...

[I Only Smoke 4 the Cards]

Originally Posted by egri

I passed on picking up the Mantle I need for my project earlier; with the way things are headed, unless there's a correction or I strike oil in my backyard, I may need to go without him. I'm a member of a couple watch collecting forums as well, and the same thing is going on over there. The grey market prices for new Rolexes are absurd, and for vintage Rolexes they've gone through the roof.

Watches are definitely blowing up. I took a vintage Rolex to a local shop to try to find out some information about it, they gave me no information but several large cash offers. I passed.

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