PSA 10 E98 Wagner mistake

Peter_Spaeth · #1 07-07-2012, 08:44 PM

Quote:

Originally Posted by barrysloate

Prices for the very best cards will be strong. They'll have no trouble getting top dollar for the PSA 10 Wagner and all the PSA 9 Cobbs.

The PSA 7 commons, on the other hand, will probably be sold by the pound. Those are going to be cheap.

If one PSA 9 Cobb was made available and the market did not know there were 8 more behind it, it would sell for multiples more, that's just basic economics.

botn · #2 07-07-2012, 09:23 PM

Rush,

I posted this on the original thread yesterday. It seems that the SMR will release a story of some sort.

PSA will be handing out thousands of free, special-edition SMRs at the 33rd National Sports Collectors Convention this summer in Baltimore, MD.

This year's HOF/National SMR issue poignantly manages to reminisce about the past without ever losing its firm grasp of the future. While one feature article celebrates the 50th anniversary of the 1962 Topps Baseball set, another unveils one of the most thrilling finds in recent hobby history � that of an astonishingly well-preserved collection of E98s. And with the turn of just a few pages, you will likewise discover one article commemorating the legendary Washington Senators pitcher Walter Johnson, and yet another introducing this year's HOF inductee, Barry Larkin.

Black and White Photography: A Timeless Remembrance This special SMR edition will also include an additional 16-page insert bound inside the magazine, between pages 104 and 105. A unique compilation of black and white original photographs and their corresponding cards, this insert will serve as a one-of-a-kind visual photo guide for both the new and veteran collector alike. By pairing the colorful sports cards we have grown to know and love with the black and white images that inspired their creation, PSA will endeavor to introduce hobbyists to a new segment of collecting.

barrysloate · #3 07-08-2012, 05:33 AM

Quote:

Originally Posted by Peter_Spaeth

If one PSA 9 Cobb was made available and the market did not know there were 8 more behind it, it would sell for multiples more, that's just basic economics.

No question Peter, having something like ten Cobbs available at the 9 level is a huge number. But it's a big hobby and they will all be absorbed and end up in major collections. However, a card that is a "1 of 1" or "1 of 2" is certainly worth more than a "1 of 10".

But the ten Cobbs aren't the problem. I think the 47 Wagners will be. There will be one or two high grade examples in every subsequent auction. An E98 Wagner in PSA 7 is going to be an affordable card.

itjclarke · #4 07-09-2012, 11:49 PM

Quote:

Originally Posted by barrysloate

the ten Cobbs aren't the problem. I think the 47 Wagners will be. There will be one or two high grade examples in every subsequent auction. An E98 Wagner in PSA 7 is going to be an affordable card.

I happened to pick up my first E98, an orange SGC40 Wagner right around when the posts about this find began circulating. I'm definitely a collector first, but also do like to think I'm making good/wise purchases should I ever need the money back sometime down the road. Was it a really bad time to buy this card?? There were a couple condition issues that made me consider returning it, but I love its look and have decided to keep it.. for now at least.

peterose4hof · #5 07-10-2012, 09:33 AM

Quote:

Originally Posted by itjclarke

I happened to pick up my first E98, an orange SGC40 Wagner right around when the posts about this find began circulating. I'm definitely a collector first, but also do like to think I'm making good/wise purchases should I ever need the money back sometime down the road. Was it a really bad time to buy this card?? There were a couple condition issues that made me consider returning it, but I love its look and have decided to keep it.. for now at least.

I believe all of the Black Swamp Wagners were of the Red variety. I don't think the oranges will be negatively impacted. In fact, one could make a case that the orange's will become more valuable due to their relative scarcity to the reds.

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