Jeter SP Foil auction

Dpeck100 · #1 05-16-2018, 08:32 PM

PSA 10's bring the bucks.

It is so simple. Predicting the marquee cards are tough but predicting the PSA 10 is the best copy to buy isn't.

Peter_Spaeth · #2 05-16-2018, 08:37 PM

100K for a 1993 pop 22? Sorry, I hear everything you are saying David but it makes no sense to me at all.

Dpeck100 · #3 05-16-2018, 08:40 PM

I can't suggest I understand the price either. That said the formula is very simple.

Low supply of cards available creates high prices. This might be an anomaly it might not. The card will never be cheap again. It is a platinum level card and once they become that it is really hard to predict the peak. It can be much higher than you can dream.

Last sale I believe was 54k so quite an increase. That was high from prior sales in the mid to high 30's. Fast market.

Peter_Spaeth · #4 05-16-2018, 08:43 PM

Or a manipulated one, based on lessons of the recent past. Who knows.

irv · #5 05-16-2018, 08:50 PM

$99,100.

Dpeck100 · #6 05-16-2018, 08:54 PM

I think you always have to use caution on outlier sales and especially when only two bidders really drive it north. Time will tell if this sale goes trough and hard to say if someone could put their copy for sale and have it clear the market at this price. Will be interesting that is for sure.

Peter_Spaeth · #7 05-16-2018, 08:56 PM

Quote:

Originally Posted by Dpeck100

I think you always have to use caution on outlier sales and especially when only two bidders really drive it north. Time will tell if this sale goes trough and hard to say if someone could put their copy for sale and have it clear the market at this price. Will be interesting that is for sure.

Yep. After what we saw in 2016 I have some skepticism here, especially with the pop as high as it is and the price rising so quickly and sharply. Time will tell.

steve B · #8 05-17-2018, 08:52 AM

Quote:

Originally Posted by Dpeck100

I can't suggest I understand the price either. That said the formula is very simple.

Low supply of cards available creates high prices. This might be an anomaly it might not. The card will never be cheap again. It is a platinum level card and once they become that it is really hard to predict the peak. It can be much higher than you can dream.

Last sale I believe was 54k so quite an increase. That was high from prior sales in the mid to high 30's. Fast market.

I wish low supply = high prices.

It's all about the hype.

Lets test it.

Each of these are the only one. Not a manufactured 1/1 there just aren't any more. Any takers on either at say $50K they're hall of famers, and 22 times as rare as the Jeter 10. So the should be like 220K right?

Dpeck100 · #9 05-17-2018, 11:00 AM

Quote:

Originally Posted by steve B

I wish low supply = high prices.

It's all about the hype.

Lets test it.

Each of these are the only one. Not a manufactured 1/1 there just aren't any more. Any takers on either at say $50K they're hall of famers, and 22 times as rare as the Jeter 10. So the should be like 220K right?

I was commenting specifically on the Jeter. There are loads of cards with limited availability but with limited demand.

22 copies in a 10 isn't exactly high.

Peter_Spaeth · #10 05-17-2018, 11:05 AM

As a good hobby friend and dealer said to me years ago, sometimes the only thing rarer than the supply is the demand. That has been brought home to me on many occasions, including when I got pennies for the highest graded (or close to it) copy of Johnny Mize's rookie card.

irv · #11 05-16-2018, 08:42 PM

When this card was at $61 or $62K, I was going to ask if it had the chance to reach a $100K, but thought you would all think I was smoking something.

Like I mentioned, I don't follow this card at all, but when I seen the $61 or $62K, I thought it was most likely already topped out.
$99,100 with 7 minutes remaining. Will it hit a $100 K?

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