Legendary Auction -- Josh Gibson Toleteros card

[slantycouch]

Originally Posted by Orioles1954

No matter what grade it is, that Gibson is probably the most over-rated card in the hobby.

I'm always amazed by the attention it gets. I understand its importance, but there are MANY cards I'd go after before this one, at that price level.

[Orioles1954]

I guess I don't appreciate post-career "tribute" cards

[slidekellyslide]

I also think it's an overrated card. Didn't the value plummet after all the "rookie" card collectors got one?

[Orioles1954]

I've always felt that a "rookie" card is just that....a card from the player's rookie year or minor league issue. 1952 Topps Mantle? Not a rookie! 1986-87 Fleer Jordan? Not a rookie! 1982 Donruss Golf Niklaus? Not a rookie!

[Peter_Spaeth]

I think another reason for the price decline is that Leland's was able to trickle these out over a period of time, so that few people knew the total population.

The interesting question here of course is why, in this day and age, a major auction house would sell a high grade, major card raw.

[calvindog]

Originally Posted by Peter_Spaeth

The interesting question here of course is why, in this day and age, a major auction house would sell a high grade, major card raw.

Gee, like I said, that's a real head-scratcher. Maybe Lelands isn't aware that graded cards sell for more. Or maybe the card would have (or did) grade a 3 on closer inspection.

[Peter_Spaeth]

I wonder how far back in catalogs we would have to go to find a raw $10,000 card that could have been graded?

[turtleguy64]

Peter,the reason a big auction house would not take the trouble to grade a big ticket card is probably due to the philosophy once imparted to me by the infamous Doug Allen: "We didn't grade the better condition cards in your lot because sometimes we get more bidding interest on raw cards." Ah,those old Mastronet days.

[calvindog]

Or if perhaps the big ticket item had glue on the back, got a bad grade, then cracked out and sold raw, then sent to a different grading company which gave it a NM grade.