$202,000 Jeter Card

[JunkyJoe]

Originally Posted by oldjudge

Eddie-If I had $200 million to spend on cards I still wouldn't pay $200,000 for that Jeter card (or $20,000 or $2,000 for that matter).

+1

For me, it's all the various "rare" Jeter cards printed in the 90's that makes these prices a bit silly. Like the '93 SP Foil Jeter card, for example. Didn't a PSA 10 sell for $99,000 last year? And there are 22 of them graded 10 by PSA .... oh, and not to mention, there have been 253 graded 9.5 by BGS!!!

How about the ones that haven't been graded yet? Maybe a dozen more PSA 10's? Perhaps some BGS Black Labels yet to be graded?

[AGuinness]

Originally Posted by JunkyJoe

+1

For me, it's all the various "rare" Jeter cards printed in the 90's that makes these prices a bit silly. Like the '93 SP Foil Jeter card, for example. Didn't a PSA 10 sell for $99,000 last year? And there are 22 of them graded 10 by PSA .... oh, and not to mention, there have been 253 graded 9.5 by BGS!!!

How about the ones that haven't been graded yet? Maybe a dozen more PSA 10's? Perhaps some BGS Black Labels yet to be graded?

I started a thread in May 2018 about the Jeter 93 SP PSA 10 that sold for nearly $100k, and part of what I noted was how I expected more of them to be graded, diluting the PSA 10 population. The population at the time was 22, and it still is. So much for that hypothesis.

I'll echo the sentiments that it is a great hobby because people can enjoy it in many different ways, and that a healthy and robust modern market is likely a good sign for the vintage market as well.

And it's also great that both the modern and vintage collectors can each salivate over a card with a significant level of scarcity of a sure-fire HOF shortstop who is strongly associated with a single team that sells for six figures and it's not even a rookie card - and all the while those collectors are ogling different cards from different eras.

[JunkyJoe]

Originally Posted by AGuinness

I started a thread in May 2018 about the Jeter 93 SP PSA 10 that sold for nearly $100k, and part of what I noted was how I expected more of them to be graded, diluting the PSA 10 population. The population at the time was 22, and it still is. So much for that hypothesis.
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I agree these high prices are good for the hobby, as silly as they are. There are lots of silly and outrageous things about this hobby, and in instances such as this bonkers Jeter auction, we get the opportunity to have a good laugh now and then. Double benefit as far as I'm concerned.

I may be wrong, but I don't think the Gem Mint card populations grow much from year to year, generally speaking. I'd expect that eventually -- say, 10 or 15 years from now -- there might be a few more that have been graded PSA Gem Mint. Or, maybe a couple dozen more that have been graded BGS 9.5 (and perhaps a couple BGS 10's by then, as well).

[Leon]

It seems some individuals are making more mint vintage cards daily. And others are getting away with faking certain stamped backs (not referring to Holmes to Homes, they can be printed, I don't care). As for the Jeter card. It's a free America. Bless capitalism.

Originally Posted by JunkyJoe

I agree these high prices are good for the hobby, as silly as they are. There are lots of silly and outrageous things about this hobby, and in instances such as this bonkers Jeter auction, we get the opportunity to have a good laugh now and then. Double benefit as far as I'm concerned.

I may be wrong, but I don't think the Gem Mint card populations grow much from year to year, generally speaking. I'd expect that eventually -- say, 10 or 15 years from now -- there might be a few more that have been graded PSA Gem Mint. Or, maybe a couple dozen more that have been graded BGS 9.5 (and perhaps a couple BGS 10's by then, as well).