PWCC E98 Black Swamp (De-Identi-) Find

[glchen]

I really don't get this conspiracy theory at all in that someone is still minting these. That just sounds absurd to me. For one thing, where are all the Mathewsons? After Cobb and Wagner, this would the third best card in the set.

As others have said, I think there was just a massive find where someone unearthed a bunch of these, and now are slowly releasing to the market. Who knows how big the final number is. It may be huge. That's why I've always been very cautious about buying E98's because we don't know what the final number will be at this point. However, if someone is willing to sell me a Cobb is 9 grade (PSA or SGC), I'll be happy to buy one for $3K! Still hoping it reaches that level.

[Lorewalker]

Originally Posted by glchen

I really don't get this conspiracy theory at all in that someone is still minting these. That just sounds absurd to me. For one thing, where are all the Mathewsons? After Cobb and Wagner, this would the third best card in the set.

As others have said, I think there was just a massive find where someone unearthed a bunch of these, and now are slowly releasing to the market. Who knows how big the final number is. It may be huge. That's why I've always been very cautious about buying E98's because we don't know what the final number will be at this point. However, if someone is willing to sell me a Cobb is 9 grade (PSA or SGC), I'll be happy to buy one for $3K! Still hoping it reaches that level.

Yeah I do not think these are still being printed. Seems a bit far fetched absent evidence to the contrary. I too am waiting for prices on the Cobbs and Wagners to level out. Would love to own one of each but gonna wait until the dust settles.

[pitchernut]

Don't know if this has been posted before and sorry if it's old news but found it kind of interesting.
https://youtu.be/7W3NkTBScOo

[Vintagecatcher]

Thanks for sharing the great video. I saw the cards at the Baltimore National so it's nice to know the whole story!

Patrick

[ullmandds]

Originally Posted by pitchernut

Don't know if this has been posted before and sorry if it's old news but found it kind of interesting.
https://youtu.be/7W3NkTBScOo

thx for posting...awesome video...BUT if the cards were tightly bound in twine id think they'd all have wear in that area?

[ullmandds]

Does anyone have the breakdown of the find...I know I've seen it in the past...but I can't seem to find it?

[Lorewalker]

Originally Posted by ullmandds

Does anyone have the breakdown of the find...I know I've seen it in the past...but I can't seem to find it?

The 102nd post on this thread http://www.net54baseball.com/showthread.php?t=152726 lists the cards with cert numbers and grades that had been initially submitted.

[T206Collector]

Post 102

http://www.net54baseball.com/showpos...&postcount=102

[steve B]

Originally Posted by ullmandds

thx for posting...awesome video...BUT if the cards were tightly bound in twine id think they'd all have wear in that area?

It is surprising to see stuff stored like that with little or no damage.
It was fairly common at the time. While they're more flexible than cards, stamps were often packed that way in large quantity. Not twine, but thread, and usually a stack of 100. Usually too tight to peek at what's in the stack, but seldom any damage. In that hobby it's called bundleware.


I bought a boxful a few years ago, and when I counted, it worked out to 37,000+ of essentially the same stamp from the 1890's. A small sample found about 25% of them were a slightly less common type that has a book value of $5... so probably about 50K in catalog value.

But a $5 stamp is a harder sell then a similar card. Half catalog is common and way less in bulk. I won't live long enough to sell them individually, and my kids probably won't either.

[ullmandds]

Originally Posted by steve B

It is surprising to see stuff stored like that with little or no damage.
It was fairly common at the time. While they're more flexible than cards, stamps were often packed that way in large quantity. Not twine, but thread, and usually a stack of 100. Usually too tight to peek at what's in the stack, but seldom any damage. In that hobby it's called bundleware.


I bought a boxful a few years ago, and when I counted, it worked out to 37,000+ of essentially the same stamp from the 1890's. A small sample found about 25% of them were a slightly less common type that has a book value of $5... so probably about 50K in catalog value.

But a $5 stamp is a harder sell then a similar card. Half catalog is common and way less in bulk. I won't live long enough to sell them individually, and my kids probably won't either.

WOW...steve!!!

[calvindog]

Originally Posted by glchen

I really don't get this conspiracy theory at all in that someone is still minting these. That just sounds absurd to me. For one thing, where are all the Mathewsons? After Cobb and Wagner, this would the third best card in the set.

As others have said, I think there was just a massive find where someone unearthed a bunch of these, and now are slowly releasing to the market. Who knows how big the final number is. It may be huge. That's why I've always been very cautious about buying E98's because we don't know what the final number will be at this point. However, if someone is willing to sell me a Cobb is 9 grade (PSA or SGC), I'll be happy to buy one for $3K! Still hoping it reaches that level.

+1