Mantle Avalanche

[Peter_Spaeth]

Originally Posted by glynparson

Has very large price jumps when it goes up then it will level off or dip slightly for a long time before it has another huge jump. That has been the track record with this card since I got in to collecting as a seven year old in 1979. For the record I heard back then how overpriced the card was and have almost weekly since then. It still keeps going and going.

Yep, I bet at 5k people were shaking their heads and saying it can't keep going up.

[Delray Vintage]

Originally Posted by Peter_Spaeth

Yep, I bet at 5k people were shaking their heads and saying it can't keep going up.

Who knows who is right about the long term price. The back and forth on the Mantle mania on this board is interesting and fun to consider. My cards have been a much better financial investment than my stocks/real estate. I bought most in the late 1990's and some in the recession of 2008. I am always a little afraid that these printed cardboard pieces have no intrinsic value and will eventually be worthless. I know there will always be a market for rare cards, but when my selling mantle can fund a new Mercedes or a college education I shake my head in wonder.

[Peter_Spaeth]

Originally Posted by Delray Vintage

Who knows who is right about the long term price. The back and forth on the Mantle mania on this board is interesting and fun to consider. My cards have been a much better financial investment than my stocks/real estate. I bought most in the late 1990's and some in the recession of 2008. I am always a little afraid that these printed cardboard pieces have no intrinsic value and will eventually be worthless. I know there will always be a market for rare cards, but when my selling mantle can fund a new Mercedes or a college education I shake my head in wonder.

Yeah I agree re no intrinsic value but that is true of almost any collectible, no? As long as people have disposable income, they will value collectibles, it's human nature And if they don't have any income it will be because the economy is so bad that stocks won't be worth anything either.

[ls7plus]

Originally Posted by Peter_Spaeth

Yeah I agree re no intrinsic value but that is true of almost any collectible, no? As long as people have disposable income, they will value collectibles, it's human nature And if they don't have any income it will be because the economy is so bad that stocks won't be worth anything either.

Absolutely a big +1. People like collecting history, especially Americana in this country, and a key card has every bit as much intrinsic value as any other collectible. The card is an instant, just a single moment in the prime of the player's life left behind, which connects you to him and takes you back to the time. That is value--psychological value, but substantial value nonetheless. The 1933 Double Eagle that auctioned off at $7+ million would have a bullion value of a microscopic fraction of that, and people don't spend 8 figures on a '60's Ferrari to drive it around, not even at the Monteray vintage car races. They spend that kind of money because they like these objects, they gain prestige in owning the best for their collections, and they are able to do so.

Good posts,

Larry

[1952boyntoncollector]

Originally Posted by ls7plus

Absolutely a big +1. People like collecting history, especially Americana in this country, and a key card has every bit as much intrinsic value as any other collectible. The card is an instant, just a single moment in the prime of the player's life left behind, which connects you to him and takes you back to the time. That is value--psychological value, but substantial value nonetheless. The 1933 Double Eagle that auctioned off at $7+ million would have a bullion value of a microscopic fraction of that, and people don't spend 8 figures on a '60's Ferrari to drive it around, not even at the Monteray vintage car races. They spend that kind of money because they like these objects, they gain prestige in owning the best for their collections, and they are able to do so.

Good posts,

Larry

status symbol....but I don't see people buying a beat up mantle for that...it would be the better looking ones.....those 60's Ferraris that are bought are always in excellent shape..not beat up

[Delray Vintage]

Yes, a very nice centered 6 on Goodwin. But 111k already and still time to bid. Will enjoy watching where this one nets out tonight. Will we see 150k with the premium?

[Iron Horse]

Wonder when the bubble will burst lol
Reminds me of the good old days in the real estate market 2005-2007
Fun to watch i will admit. Wish i had a Mantle to sell.
Kind of seeing these outrageous #'s for lots of high end cards and even some mid grade ones.
Enjoy

[1952boyntoncollector]

Originally Posted by Delray Vintage

Yes, a very nice centered 6 on Goodwin. But 111k already and still time to bid. Will enjoy watching where this one nets out tonight. Will we see 150k with the premium?

a lot of times on the big cards 90% of the bidding is already completed sometimes even the highest bid....days to go or hours to go is meaningless sometimes...the excitement already over but we shall see

[Peter_Spaeth]

Originally Posted by Delray Vintage

Yes, a very nice centered 6 on Goodwin. But 111k already and still time to bid. Will enjoy watching where this one nets out tonight. Will we see 150k with the premium?

Is someone thinking that card has a bump in it? Otherwise the price seems absurd. A very nice 6 was hanging around ebay forever unsold at 60. Then again, Matty C can probably defend it.

[KingFisk]

Originally Posted by Peter_Spaeth

Yep, I bet at 5k people were shaking their heads and saying it can't keep going up.

While the 52T has been been taking off like a rocket, the same seems to be holding true for the 51B. I had been in the market for one all year and then my hopes of getting a nice one -centered, no roller marks - in a low grade steadily dwindled. I finally ended up getting a PSA 2 with those criteria but I spent more than I wanted to (I began the year with hopes of getting a PSA 3 around $3K - ended up getting a 2 for closer to $4K). Three PSA 2s went over the weekend - Goldin and a couple on ebay in the $3500-4500 range. Is any of this price correction for a seemingly undervalued card? If the 52T averages $11K in PSA2, certainly the "true rookie" card should be at least half as much in same condition? Speculators or price correction amongst collectors?

[1952boyntoncollector]

Originally Posted by KingFisk

While the 52T has been been taking off like a rocket, the same seems to be holding true for the 51B. I had been in the market for one all year and then my hopes of getting a nice one -centered, no roller marks - in a low grade steadily dwindled. I finally ended up getting a PSA 2 with those criteria but I spent more than I wanted to (I began the year with hopes of getting a PSA 3 around $3K - ended up getting a 2 for closer to $4K). Three PSA 2s went over the weekend - Goldin and a couple on ebay in the $3500-4500 range. Is any of this price correction for a seemingly undervalued card? If the 52T averages $11K in PSA2, certainly the "true rookie" card should be at least half as much in same condition? Speculators or price correction amongst collectors?

eh its a whole different animal..many collectors don't even collect bowman..only topps for postwar......plus dead centered can impact value as much as 20-40% versus cards of the same grade in these waterfront property cards..

[pokerplyr80]

Originally Posted by 1952boyntoncollector

eh its a whole different animal..many collectors don't even collect bowman..only topps for postwar......plus dead centered can impact value as much as 20-40% versus cards of the same grade in these waterfront property cards..

I think the difference could be 100% or more. Take that 6 that just sold for 120k. And off center tilted 6 that just missed being OC would probably go for for less than half of that