Quote:
Originally Posted by Jdoggs
Well SMR for psa 2 Wagner is $1,350,000 and mile high sold one for that price last October so I wouldn’t say SMR is not a reliable source for any card for that matter.
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When that card sold SMR was 775k, so it wasn’t accurate. That was based on a sale of 776750. The new sale of 1353625 was an increase of 74%. Apply that to the 550 and you get a new price of 958k. After that the Authentic with 3 sides cut off sold for 540k and again they didn’t raise the price. If you use the median between an A and 2 sale it would be 947k for a 1. If you use their valuation of Plank the 2 is 1.41 times the value of a 1. Apply that to the Wagner and you get 957k. Just based on more recent sales a 1 should be worth around 950k, even if they are conservative price it at 900k.
All this doesn’t factor in the recent jump in prices. There are clearly people throwing around big money for cards. We have a Trout selling for over 900k and a LeBron currently in auction at 900k. All it takes is 2 people with the money wanting a Wagner and the price could go even higher. Wagner is the one vintage card that should see a bump from the big money being paid for modern cards. When Gretzky paid 451k the his Wagner, it was expected to go for much less, so it shouldn’t be a surprise if this card goes over a million dollars.
06-25-2020, 07:33 AM
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