'52 Topps Mick SGC 4 Fireworks - Hits $54,900

[Canofcorn]

Well boys...1 year later and my '52T Mantle is ending tonight (also SGC 50/4, also at Goldin) and unfortunately there are NO fireworks. My centered beauty sitting at $22k. Either the Mantle market is softening, or this is what happens when you don't shill an auction. In either case, somebody is getting a heck of a deal. Didn't expect anything crazy but certainly $25-$30 was my hopes.

https://goldinauctions.com/mobile/lo..._card___sgc_50

[irv]

Originally Posted by Canofcorn

Well boys...1 year later and my '52T Mantle is ending tonight (also SGC 50/4, also at Goldin) and unfortunately there are NO fireworks. My centered beauty sitting at $22k. Either the Mantle market is softening, or this is what happens when you don't shill an auction. In either case, somebody is getting a heck of a deal. Didn't expect anything crazy but certainly $25-$30 was my hopes.

https://goldinauctions.com/mobile/lo..._card___sgc_50

You could still seeing some furious bidding near the end of the auction, and my gut tells me you will.
That is a beauty and I will be totally surprised if that doesn't sell real close to, or over $30G's.

Good luck.

[botn]

Hard to know what to conclude other than prices for the 52 Topps Mantle have come down. The SGC 86 and the PSA 6 sold in the auction tonight for significantly less than the exact cards had recently sold for.

[1952boyntoncollector]

Originally Posted by botn

Hard to know what to conclude other than prices for the 52 Topps Mantle have come down. The SGC 86 and the PSA 6 sold in the auction tonight for significantly less than the exact cards had recently sold for.

i would think if you buy a card today for 30k..and sell it next week you would be lucky get someone to also pay a total of 30k with the buyers premium....afteralll whoever bought the card first was the highest bidder out there and its not like the card was a secret to find in a major auction house. Selling a few years later and losing money to me (more than 20%) means a lot more significant that selling in a year...others can disagree

[botn]

Originally Posted by 1952boyntoncollector

i would think if you buy a card today for 30k..and sell it next week you would be lucky get someone to also pay a total of 30k with the buyers premium....afteralll whoever bought the card first was the highest bidder out there and its not like the card was a secret to find in a major auction house. Selling a few years later and losing money to me (more than 20%) means a lot more significant that selling in a year...others can disagree

Well in the case of the SGC 86 in Oct 2016 the card sold for roughly 141K plus the juice whereas the other night it sold for 112K plus the juice. That is several bids off so interest has definitely diminished.

As for the PSA 6, it sold almost a year ago for 85K plus the juice whereas the other night it only went for 67K plus the juice, several bids off from the previous sale.

Neither sale was the next week and the difference between what the consignor paid for each of these cards and what they got for them was much greater than a 20% swing.

[1952boyntoncollector]

Originally Posted by botn

Well in the case of the SGC 86 in Oct 2016 the card sold for roughly 141K plus the juice whereas the other night it sold for 112K plus the juice. That is several bids off so interest has definitely diminished.

As for the PSA 6, it sold almost a year ago for 85K plus the juice whereas the other night it only went for 67K plus the juice, several bids off from the previous sale.

Neither sale was the next week and the difference between what the consignor paid for each of these cards and what they got for them was much greater than a 20% swing.

still we are talking about a year ago which isnt long when talking about a 50k card. If i bid on a card and lost by one bid which was a few k and i was the highest underbidder, i know i wouldnt bid higher. So another bidder would have to come out of the woodwork who probably already knew about the other sale.

Im guessing that the person that consigned the card a year earlier had the card for more than a year. Selling a 40k card in a year to me is a flipper. Again we are talking about the within a range that the sky isnt falling as opposed to ON FIRE analysis. If you can find that the card sold for more prior to that year old sale that would be interesting. Hertiage for example i believe reduces the juice on the consignor if they bought the card at their auction previously.

Also we dont know what arrangement on that juice was...if the seller was able to keep 10% of the juice the consignor lost within the 20% range. When you buy and driive a new car off the lot you lose a few k at least on a 50k dollar car.

[MetsBaseball1973]

The standouts in any grade will always do just fine:

https://sports.ha.com/itm/baseball/1...umbnail-071515

[Leon]

It seems to me the higher the value (amount) the higher the risk and reward. Many collectors can play it safer towards the lower end and still come out ok even if not completely whole. Find a great looking 20k Mantle, in lower grade, and you won't lose too much when you sell it, if anything. Buy a 125k card, which has other comparables and has risen a ton recently, and there can be a swing much larger than the cost of the great looking, 20k Mantle. Spinning the wheel is about right.

And I should add one other thought. At the top of the scale of '52 Mick's, in an 8 or better, that market could still have a ways to go. There seem to be more people with a cool half million to spend than there are cards to be had. Time will tell....

Originally Posted by 1952boyntoncollector

still we are talking about a year ago which isnt long when talking about a 50k card. If i bid on a card and lost by one bid which was a few k and i was the highest underbidder, i know i wouldnt bid higher. So another bidder would have to come out of the woodwork who probably already knew about the other sale.

Im guessing that the person that consigned the card a year earlier had the card for more than a year. Selling a 40k card in a year to me is a flipper. Again we are talking about the within a range that the sky isnt falling as opposed to ON FIRE analysis. If you can find that the card sold for more prior to that year old sale that would be interesting. Hertiage for example i believe reduces the juice on the consignor if they bought the card at their auction previously.

Also we dont know what arrangement on that juice was...if the seller was able to keep 10% of the juice the consignor lost within the 20% range. When you buy and driive a new car off the lot you lose a few k at least on a 50k dollar car.

[1952boyntoncollector]

Originally Posted by Canofcorn

Well boys...1 year later and my '52T Mantle is ending tonight (also SGC 50/4, also at Goldin) and unfortunately there are NO fireworks. My centered beauty sitting at $22k. Either the Mantle market is softening, or this is what happens when you don't shill an auction. In either case, somebody is getting a heck of a deal. Didn't expect anything crazy but certainly $25-$30 was my hopes.

https://goldinauctions.com/mobile/lo..._card___sgc_50

ended at 29-30k so thats right at the top of what you hoped. A direct deal may of worked out better but who knows

[Peter_Spaeth]

Originally Posted by 1952boyntoncollector

ended at 29-30k so thats right at the top of what you hoped. A direct deal may of worked out better but who knows

I assume he was referring to his hope for what he would realize, not the bid plus the premium.

[1952boyntoncollector]

Originally Posted by Peter_Spaeth

I assume he was referring to his hope for what he would realize, not the bid plus the premium.

still it was the upper most price and well within 20%...plus he said on another thread he was happy with the price.

[irv]

Originally Posted by Canofcorn

Well boys...1 year later and my '52T Mantle is ending tonight (also SGC 50/4, also at Goldin) and unfortunately there are NO fireworks. My centered beauty sitting at $22k. Either the Mantle market is softening, or this is what happens when you don't shill an auction. In either case, somebody is getting a heck of a deal. Didn't expect anything crazy but certainly $25-$30 was my hopes.

https://goldinauctions.com/mobile/lo..._card___sgc_50

Glad to see you weren't disappointed, Canofcorn, and your hopes were fulfilled.

That was a very nice card!