52 Mantle's. Will they sell for asking?

[irv]

Originally Posted by MattyC

The 7 very possibly close. It's priced in line with relevant sales and Tony certainly has the clientele.

I am not familiar with, Tony. I assume the cards he has for sale are consigned?

I wish these were under the normal auction process rather than the BIN format as these would be fun to watch.

[pokerplyr80]

I don't see any problem with the asking prices. As Matt said they seem in line with previous sales. If anything a nice 7 for under 200k seems like a relative bargain.

[Peter_Spaeth]

Originally Posted by pokerplyr80

I don't see any problem with the asking prices. As Matt said they seem in line with previous sales. If anything a nice 7 for under 200k seems like a relative bargain.

As linked in my prior post a very nice (if not quite centered) SGC 7 just sold in Goodwin for well less than half that. 87K.

[rats60]

Originally Posted by Peter_Spaeth

As linked in my prior post a very nice (if not quite centered) SGC 7 just sold in Goodwin for well less than half that. 87K.

And a SGC 6 couldn't even get a 40k opening bid. Are we seeing a price correction on the 52 Topps Mantle?

[Peter_Spaeth]

Originally Posted by rats60

And a SGC 6 couldn't even get a 40k opening bid. Are we seeing a price correction on the 52 Topps Mantle?

I am waiting to see the spin from the folks who think a 7 is a 200K card before commenting.

[bnorth]

Originally Posted by Peter_Spaeth

I am waiting to see the spin from the folks who think a 7 is a 200K card before commenting.

A 7 should be a $550K card. Wasn't there a PSA 4 or 5 that was listed on eBay a while back for 250K?

Plus that 7 is not in a PSA slab and not centered.

[botn]

Anyone who bought a 52 Topps Mantle over this past summer might want to buy a second one now and dollar cost average. Better yet maybe wait until March when they can get an even better deal. Yikes. That was a pretty nice SGC 84 too.

[ls7plus]

Originally Posted by bnorth

A 7 should be a $550K card. Wasn't there a PSA 4 or 5 that was listed on eBay a while back for 250K?

Plus that 7 is not in a PSA slab and not centered.

If a PSA 4 or 5 sold for that much, it means just one thing: the [transient] investor/buyers are still with us. The virtually endless stream of these cards at every major [and minor] auction makes it abundantly clear that the smart ones are not the buyers, but the sellers. Once the investor crowd heads for other pastures, values will drop to what true collectors will pay for what might, at best, charitably be termed a somewhat scarce card. Just my $2.50 worth. Truly amazing how this market for that card resembles tulip-mania!

Best of luck,

Larry

[savedfrommyspokes]

Originally Posted by rats60

And a SGC 6 couldn't even get a 40k opening bid. Are we seeing a price correction on the 52 Topps Mantle?

Maybe on higher end examples there is a selling correction is taking place, but lower end copies seem to be selling for as much if not more than they were this past summer. A PSA 1.5 sold a few weeks ago for $14.5k via PWCC.


http://www.ebay.com/sch/i.html?LH_Co...le+psa&_sop=13

Lately, the SGC examples have been selling for less than their PSA counterparts.....very recently two SGC 2.5s sold for $14k and less. Perhaps the correction is only on SGC copies and not PSA copies....maybe it is time to buy SGC and send to PSA.

http://www.ebay.com/sch/i.html?_udlo...le%20sgc&rt=nc

[Leon]

On the lower end the prices seem to have more to do with the cards presentation than the grade.

Originally Posted by savedfrommyspokes

Maybe on higher end examples there is a selling correction is taking place, but lower end copies seem to be selling for as much if not more than they were this past summer. A PSA 1.5 sold a few weeks ago for $14.5k via PWCC.


http://www.ebay.com/sch/i.html?LH_Co...le+psa&_sop=13

Lately, the SGC examples have been selling for less than their PSA counterparts.....very recently two SGC 2.5s sold for $14k and less. Perhaps the correction is only on SGC copies and not PSA copies....maybe it is time to buy SGC and send to PSA.

http://www.ebay.com/sch/i.html?_udlo...le%20sgc&rt=nc

[savedfrommyspokes]

Originally Posted by Leon

On the lower end the prices seem to have more to do with the cards presentation than the grade.

For sure, I agree....a few of the SGC cards that recently ended on ebay suffered from poor centering, however, one of the SGC 2.5s (sans a light stain) appeared sharp and the SGCs from the Goodwin auction seemed to present strongly, but all fell short of other similar graded, sharp looking PSA copies.