1956 mantle purchase. Now ?

[Gorditadogg]

I have a bunch of Mantles and I follow the market pretty closely. I think his cards have softened up quite a bit over the last month. I would say prices are down 20% since April.

I don't really know what that means over the next few months but if you are looking to buy, now is a better time than it was a couple months ago.

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[MattyC]

DJ thanks for the shout out. I agree and would add that when collecting Mantles (and for that matter any cards these days), one has to parse “centered eye appealing” specimens from the others. The former really do behave according to their own set of pricing rules— namely competition will be stiff and expect to pay accordingly to bring the card home. I’ve taken my collection into signed Mantles lately and this holds there as well. As an example, I won a centered eye appealing signed 58 in REA in 2020 for 5450. A slightly lesser looking specimen just sold at a legitimate AH for over $10,000.

As to selling, almost every time I’ve sold a nice Mantle here, it’s wound up with an eye appeal sticker at PWCC and went for 2x/3x what I sold it for LOL. Lesson learned

[Casey2296]

Originally Posted by MattyC

DJ thanks for the shout out. I agree and would add that when collecting Mantles (and for that matter any cards these days), one has to parse “centered eye appealing” specimens from the others. The former really do behave according to their own set of pricing rules— namely competition will be stiff and expect to pay accordingly to bring the card home. I’ve taken my collection into signed Mantles lately and this holds there as well. As an example, I won a centered eye appealing signed 58 in REA in 2020 for 5450. A slightly lesser looking specimen just sold at a legitimate AH for over $10,000.

As to selling, almost every time I’ve sold a nice Mantle here, it’s wound up with an eye appeal sticker at PWCC and went for 2x/3x what I sold it for LOL. Lesson learned

Eye appeal/centering > grade 100% of the time.

[jchcollins]

I had been meaning to upgrade the '56 Mantle from my childhood collection literally for decades, and finally got around to it last year. I went from an SGC A to an SGC 4 - and in the time since then, the value on the 4 has at least doubled from what I paid.

If you are thinking about buying or upgrading Mantle cards, I would agree there is no time like the present. The market may have it's ups and downs, but nice looking Mantle cards are always going to be blue chips.

[Gorditadogg]

Originally Posted by jchcollins

I had been meaning to upgrade the '56 Mantle from my childhood collection literally for decades, and finally got around to it last year. I went from an SGC A to an SGC 4 - and in the time since then, the value on the 4 has at least doubled from what I paid.

If you are thinking about buying or upgrading Mantle cards, I would agree there is no time like the present. The market may have it's ups and downs, but nice looking Mantle cards are always going to be blue chips.

Your card is a good example. A year ago an average 56T Mantle gray back PSA 4 sold for about $800. A really nice one cost you $1200. By January the market had bumped to $1200/$2000. At its peak in April it was $2100/$3000. The last two PSA 4 sales, at the end of May, were about $1700, down 20% from the top of the market.

So yeah, from $800 a year ago to $1700 today, the prices on 56T Mantles have doubled. But there is a correction going on, and I am not sure that we are done yet.

[jchcollins]

Originally Posted by Gorditadogg

Your card is a good example. A year ago an average 56T Mantle gray back PSA 4 sold for about $800. A really nice one cost you $1200. By January the market had bumped to $1200/$2000. At its peak in April it was $2100/$3000. The last two PSA 4 sales, at the end of May, were about $1700, down 20% from the top of the market.

So yeah, from $800 a year ago to $1700 today, the prices on 56T Mantles have doubled. But there is a correction going on, and I am not sure that we are done yet.

Right. I wouldn't be surprised if that card settles some. But I doubt it's going back to $800.