The First Baseball Card?

oldjudge · #1 02-28-2013, 11:24 PM

Corey- let us agree to disagree on the dates. I think Ann St probably dates first (and definitely does not date second). As for the Ann St address, to paraphrase Mike Milken, I have a high degree of confidence it was the cause of the lot's realization.

benjulmag · #2 03-01-2013, 04:22 AM

I will also add that the 1868 Lowells P&S has the baseball verso. The card is trimmed so the address does not appear but presumably it was Nassau Street (I don't recall ever hearing about an ice skate verso with anything other than the Ann Street address).

benjulmag · #3 03-01-2013, 06:48 AM

Quote:

Originally Posted by oldjudge

As for the Ann St address, to paraphrase Mike Milken, I have a high degree of confidence it was the cause of the lot's realization.

Didn't Mr. Milken's acumen result in him ending up in the slammer?

barrysloate · #4 03-01-2013, 06:55 AM

I say the lot went for 81K because two people fought over it to the end. Take one person out of the equation and the next one sells for half the amount.

GaryPassamonte · #5 03-01-2013, 07:34 AM

Barry- That's basically my original point.

barrysloate · #6 03-01-2013, 07:38 AM

I know Gary, the air is very thin at the top. Almost every record price I ever achieved in my own auctions- and there were quite a few- was the result of two bidders, and two only, fighting it out. It was very rare to have more than two involved. That's why I've always said that extreme prices have to be assessed carefully. They may only happen once.

oldjudge · #7 03-01-2013, 10:10 AM

Barry--I think you are exactly right. One of those bidders was only there because of the Ann St address.

benjulmag · #8 03-01-2013, 10:27 AM

While I agree that the market is very thin for 19th century items, and have expressed that view in the past, I'm not sure that applies to the P&S Red Stockings. Given all that card represents, and the publicity it has garnered over the years, I feel its market demand is considerably deeper than for the great majority of other 19th century items.

Runscott · #9 03-01-2013, 11:19 AM

Quote:

Originally Posted by oldjudge

Barry--I think you are exactly right. One of those bidders was only there because of the Ann St address.

Jay - if the final bid was over $40k higher than you think it would have been without the Ann St address, then both the bidders were bidding based on it.

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