Thoughts on this 1925 Gehrig

[mrreality68]

I saw the card and was watching it and surprised that it did not hit the reserve. The prices of the Rookies for him has been insane.

Just curious if this is just a one off and if when they try and re auction it it will go for higher.

Key Card for a Monster Player.

I do not think it is the economics at play because other top cards are going for some strong prices

As an aside there were a couple of early Gehrig Cards of his that were not Rookie cards but were nice

[sb1]

Possibly because the card and grade don't match and bidders wised up. It is a 1 all day long, not a 3.

[Snapolit1]

Looked nicer in the original case (when I owned it).

[x2drich2000]

Originally Posted by Snapolit1

Looked nicer in the original case (when I owned it).

Agree, the bottom right corner looks more jagged now and is missing some paper that was there before.

[cgjackson222]

Originally Posted by x2drich2000

Agree, the bottom right corner looks more jagged now and is missing some paper that was there before.

+1

I guess you roll the dice when you get something that fragile re-slabbed.

Good thing the seller had a high reserve. But I'm not sure they'll be making their money back any time soon--its in rough shape, even if the flip says its a "3".

[Snapolit1]

Even a side from lower right corner, this is the rare card that lost a lot of eye appeal in the new SGC slab.

Seller is fortunate SGC gave him the same grade.

[Leon]

Originally Posted by Snapolit1

Even a side from lower right corner, this is the rare card that lost a lot of eye appeal in the new SGC slab.

Seller is fortunate SGC gave him the same grade.

Personally, it's not the slab for me. That bottom right corner is much worse in the new holder. If I were paying 100k for a card, which isn't super rare, I would look at that unfavorably. If it was super rare, that would be another story.
.

[robertsmithnocure]

Originally Posted by sb1

Possibly because the card and grade don't match and bidders wised up. It is a 1 all day long, not a 3.

Agree with sb1. With that much corner wear, that card should have never been originally graded a 3. Coupled with the extensive foxing, this is not a nice looking example IMHO. To me, it looks like a 1.5 at best.

[Vintageclout]

Originally Posted by sb1

Possibly because the card and grade don't match and bidders wised up. It is a 1 all day long, not a 3.

+1000! Spot on. Card is significantly over-graded. Severe corner rounding merits a 1.5 - 2 assessment at best & add in the foxing/surface soiling and it’s a borderline 1.

[Lorewalker]

The market is not as strong today as it was in early 2022. I am pretty sure this is the 2nd Gehrig rookie I have seen sell in the last 3 months which resulted in a lower price than it had attained in a recent sale. Prior to posting I went to try to find that sale and cannot recall which house had it.

I think the reserve may have turned off some bidders but really when someone wants a card badly enough I think we all know that a reserve is not going to stop them from bidding. However with that said, a reserve is very much like an eBay store listing and I think as collectors most of us prefer to bid and feel like we are more in control of the price we pay.

And lastly...the first sale was a PWCC sale. I will always remain skeptical of their auction results which is why I have not and will not look at their listings.

[sb1]

And on the flip side, of the inaccurate grading issues. Here is one I had graded at the National for a friend. Was expecting a far higher grade than the one received.

I did get a review and was told and I quote "you can't see it through the plastic but there is a small series of wrinkles on the back" and they pointed to the lower left back area. I smiled and took the card and walked back to my table. Pretty sure the clear plastic was not hiding any issues. Have louped it and viewed under various lighting and still can't find the flaw.

That being said, if/when this card were to ever be auctioned it would bring multiples of the grade assigned with the eye appeal being far superior, rather than the eye appeal being so terrible on the one auctioned last night.

[fkm_bky]

That is a STUNNING 2.5! Buy the card not the grade. I'd be a happy man with either, but alas, I'll have none. Way out of my price range.

Bill

Originally Posted by sb1

And on the flip side, of the inaccurate grading issues. Here is one I had graded at the National for a friend. Was expecting a far higher grade than the one received.

I did get a review and was told and I quote "you can't see it through the plastic but there is a small series of wrinkles on the back" and they pointed to the lower left back area. I smiled and took the card and walked back to my table. Pretty sure the clear plastic was not hiding any issues. Have louped it and viewed under various lighting and still can't find the flaw.

That being said, if/when this card were to ever be auctioned it would bring multiples of the grade assigned with the eye appeal being far superior, rather than the eye appeal being so terrible on the one auctioned last night.

[Touch'EmAll]

There is a lot of corner missing on this one, all corners extremely rounded. If this were in a Grade 2 slab, am sure the price would drop a lot, and would be more in line with reality. Tough to get a "3" price for this particular example.

[BobC]

Originally Posted by sb1

possibly because the card and grade don't match and bidders wised up. It is a 1 all day long, not a 3.

+1,001

[Rhotchkiss]

I fully agree the card is over-graded, does not deserve a 3 (maybe not a 2), and the card looks worse in the new slab (the bottom right corner specifically), but if you believe the PWCC sale from February, the card did not receive a bid at the $98.4k reserve amount, which means the same exact card -- a 1925 Lou Gehrig Rookie (71 on combined PSA/SGC Pop repot), has gone down 26% in less than year. I am not sure it is just the market or just the condition/slab, Maybe a combo of both and the reserve...

Or, maybe people just arent keen on Lou anymore

[sb1]

just not a good exemplar for where the market is on '25 Exhibit Gehrig

[Snapolit1]

I do believe in the theory that a reserve can be a real buzz kill. The psychology of auctions is a weird one.

I've listed an item on eBay with a $19.99 opening bid and its crickets for 6 months. . . . then I list it at 99 cents and it sells for $57. Happens all the time.

[BeanTown]

First off it’s a great card no matter what. Not shocked it went for far less money in HA. HA is a very credible AH compared to PWCC which I think is still under a Federal investigation. The bottom right corner got worse on the flip as now it has more paper loss. Completely over graded back then and now. Add the reserve factor to the mix and I think it realized a fair amount for its current state. Scott’s Gehrig is gorgeous and would easily double or triple what the higher graded Gehrig sold for that Ryan showed IMO. Maybe who submits the card makes a difference to I dunno. Lastly, there are two different shades for the 1925 Exhibits which only advanced collectors know about and rarely post about. That could be a factor as well.

[mrreality68]

Originally Posted by Rhotchkiss

I fully agree the card is over-graded, does not deserve a 3 (maybe not a 2), and the card looks worse in the new slab (the bottom right corner specifically), but if you believe the PWCC sale from February, the card did not receive a bid at the $98.4k reserve amount, which means the same exact card -- a 1925 Lou Gehrig Rookie (71 on combined PSA/SGC Pop repot), has gone down 26% in less than year. I am not sure it is just the market or just the condition/slab, Maybe a combo of both and the reserve...

Or, maybe people just arent keen on Lou anymore

Hopefully it means a few of us can get a chance to a get one of those 71 Rookie cards if market and budget permit