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#1
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I have no doubt Halls' cards will be "absorbed" but I do question the prices some of these cards will command.
Last 5-10 years or so...as long as I've been aware of Hall's attempt at the monster I can't tell you how many friends/collectors I know for a fact put cards up for sale they knew that hall needed. I'm sure lots of shilling and driving up prices of some/many of these cards did occur with the mindset that Hall is loaded and he will pay. While there are no doubt many deep pocketed collectors out there I still think some of halls' cards will sell for less than he paid...not to mention the ones that will be outed as altered. |
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#2
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Me being a collector of the same set that David is selling, I can say that there won't be much of a flood in the market since technically it's only one card of each being sold. I know there has to be more than me collecting the set. As far as what they will sell for, I don't think David will lose money overall on the sale. The big question is, how many of us have the money currently to spend on these cards. I currently don't, but I will be waiting for 2 cards to bid on.
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Ron - Uncle Nacki T206 Master Monster Front/Back Set Collector - www.youtube.com/unclenacki T206 Basic "The Monster" Set 514/524 T206 Advanced "Master Monster" Front/Back Set ?? ??/5258COMPLETE T206 BACK SUBSETS Old Mill Southern Leagues - Black Ink 48/48 Sweet Caporal 350-460 Factory 30 Full Color "No Prints" 28/28 NEAR COMPLETE T206 BACK SUBSETS Polar Bear 245/250 Sovereign 460 50/52 Sweet Caporal 150 Factory 649 Overprint 31/34 Piedmont 350 "Elite 11" 9/11 |
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#3
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Unless new demand has entered the market, prices will go down. His prices were were one increment over an underbidder. If no new aggressive bidder enters the market these prices will effectively be one increment over the second underbidder (assuming all prior bidders are still bidding). This by definition is a lower, possibly a lot lower, price.
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#4
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My guess is this will be a two year project. He’s a smart man and certainly has a feeling for what the market will bear.
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Adam Goldenberg |
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#5
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Shouldn't affect the market too much. There's PLENTY of other big sharks bidding crazy amounts on T206 rare backs (some of them are known here, others keep a lower profile...but they are there). His cards will get gobbled up/absorbed, and the market and craze will keep rolling on. Supply & demand. Yes, the supply will get a decent bump, but there's still thousands of T206 collectors out there. Huge demand.
Last edited by MVSNYC; 07-09-2019 at 03:37 PM. |
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#6
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I agree. These will be absorbed easily. I also don't see any glut or depressed pricing because of it. There is 0 doubt he will make money on some and lose on others. In the end, I will guess he is a little ahead (financially) on the sale. Just a guess. It's fun to watch.
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Leon Luckey www.luckeycards.com |
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#7
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It’s a real good question. I generally agree with Michael that everything will get absorbed, often at record prices. However, I do fear that the pure volume/supply of commons with rare backs, could hurt the value of commons with rare backs. There are very few Cobb Lenox or Baker red hindu, but to most of us, a common player is a common player, and we really don’t care who is on the front; rather it’s the back we are after. So maybe the value/cost of common Drums, Uzits, Lenox, BL, CB go down for a spell do to availability (much supply).
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