Namath RC at 81k?

[jefferyepayne]

People should ask each other questions like this:

Which is more likely to appear in the hobby in the next 10 years: ten more PSA 6 1952 Topps Mickey Mantles or 10 more PSA 8.5 1965 Topps Joe Namath's? With this Namath sale, they will be roughly at the same value.

The problem with population-based scarcity is that the value only holds up (relative to other similar cards) if the population stays low. My bet is that in general, the older the card, the more likely the population stays lower. As card prices for newer cards blast off, more and more people will be digging through their possessions looking for these cards.

jeff

P.S. Still agree that high grade Namath's will do very well in the future for all of the reasons mentioned by others. It is an iconic card as is the Mantle.

[jim]

the underbidder sure looks a little suspicious with all the bid retractions. would not be surprised to see this same card back up for bid in the near future.

what happens if buyer pays right away, PWCC pays the consignor in short manner but the buyer a couple of weeks later decides he doesn't want the card anymore. can the buyer use the ebay return policy time warranty and return the card? hoe tough would it be for the original consignor to have to give PWCC the 85k back? or would ebay tell the buyer tough luck?

[Peter_Spaeth]

Originally Posted by jim

the underbidder sure looks a little suspicious with all the bid retractions. would not be surprised to see this same card back up for bid in the near future.

what happens if buyer pays right away, PWCC pays the consignor in short manner but the buyer a couple of weeks later decides he doesn't want the card anymore. can the buyer use the ebay return policy time warranty and return the card? hoe tough would it be for the original consignor to have to give PWCC the 85k back? or would ebay tell the buyer tough luck?

I am not aware that the value of the card affects eBay's return policy.

[DBesse27]

Namath wasn't even that good.

[Peter_Spaeth]

Originally Posted by DBesse27

Namath wasn't even that good.

Exactly. Strictly in terms of on field performance, it would be like a Duke Snider card being at or near the top of the baseball heap.

[TanksAndSpartans]

Originally Posted by Peter_Spaeth

Exactly. Strictly in terms of on field performance, it would be like a Duke Snider card being at or near the top of the baseball heap.

Good analogy - an old ESPN ranking I saved had Duke Snyder at 81. Mr. 100 was actually..... Phil Niekro.

[revmoran]

Three factors that drive this card that have nothing to do with Namath's place on the all-time NFL list

1) enough people, when they think of football of that era, think of Namath
2) he became a brand that put his face on TV, magazines, billboards, subway and bus ads, and ever other possible medium for advertising
3) market momentum

the only sane reason for buying an $81K card is that you believe the market will be strong enough to give you some return. If you just wanted to collect Namath you could buy 100 game day programs for under $500. Broadway Joe was a fine football player, but he was a marketing pioneer and icon - so it's only fitting that market momentum is driving the price of his card.

Probably others have said all this somewhere else in this thread, so pardon me if I'm Captain Obvious, but there's my $81K point of view.