That T206 Life: "Does the Huge Price Tag for the T206 Magie Error Make Sense?"

[drcy]

Not ever variation is equal. A misspelling of the player's name on the front of the card is a big error.

As collectors, we all think certain items get too much attention and too little demand. I cataloged a big photo auction and, following the sales (but not participating), I was surprised that some photos went for so much while my personal favorite went for the minimum bid.

Though it is worth pointing out great rarities, as Luke has done. Some items are so rare it hurts their value, because they are so rare few collectors are rare of them. I know a collector who had the only tintype on cloth I had ever seen (I knew they existed, but had never in my years seen one). He had trouble selling it for a decent price, because no one had ever heard of one. I suggested he donate it to a museum.

[T206Collector]

A couple of other things to remember about relying on population reports of grading companies --

1. People will have every single "Magie" in existence graded, often more than once, which causes a perception of abundance.

2. Not everyone will have a Magee portrait EPDG graded, regardless of condition.

[steve B]

Originally Posted by T206Collector

A couple of other things to remember about relying on population reports of grading companies --

1. People will have every single "Magie" in existence graded, often more than once, which causes a perception of abundance.

2. Not everyone will have a Magee portrait EPDG graded, regardless of condition.

That's a big part of it.

There was a stretch where I was looking at pop reports (And yes, they're flawed so can only give a general idea of what's common and uncommon)
What I saw in T206s was that the HOF players were generally twice as common as a similar common. The only reason that makes much sense is that people grade them more often.

There are some really tough cards, even in some of the common backs.

Steve B

[JustinD]

My personal opinion:

I refuse to put credence in pop reports ever and the 52 Mantle in my mind will always crush the scarcity equals value argument as there are no less than 25 for sale any day of the week.

Value is in demand and collectors minds.

[MVSNYC]

Justin, but there's more than 25 people who want a 52 MM.

High supply, I supppse...but even greater demand.

Re: Magie, its one of the hobby's most important error cards...greatest error, in the greatest set = high dollars.

[tennisguy]

Originally Posted by MVSNYC

Justin, but there's more than 25 people who want a 52 MM.

High supply, I supppse...but even greater demand.

Re: Magie, its one of the hobby's most important error cards...greatest error, in the greatest set = high dollars.

Absolutely agree regarding the Magie.

[Jeffrompa]

Originally Posted by tennisguy

Absolutely agree regarding the Magie.

+1

Traditionally it's a highly sought after item .