Commerce Comet's 1952 Topps #311 meteoric rise in value

samosa4u · #1 07-25-2021, 01:12 PM

Quote:

Originally Posted by Seven

It's gone insane, to the point where I question how much I want one. Sure I would love to eventually complete my Mantle run but now 1's are selling for 30K. I would have to sell a kidney to purchase that. And even then It poses the question of "Would I rather have the one Mantle or a Cobb, Gehrig, Ruth, Mathewson, and Mays?"

I understand the card is iconic, and a staple of the vintage hobby, but I don't understand it. Yes the high numbers are more rare, Yes it is Mickey Mantle but there are thousands of 1952 Mantles out there, hell I'd wager there is more than we think in the hands of older collectors who never got theirs graded. Just doesn't make sense to me.

Yep, and it doesn't make any sense to me either. Why would anyone want to spend thirty thousand USD on a butt-ugly PSA 1 Mantle when you can buy a bunch of other cards with that money and watch them double over the years?

Seven · #2 07-25-2021, 01:42 PM

Quote:

Originally Posted by samosa4u

Yep, and it doesn't make any sense to me either. Why would anyone want to spend thirty thousand USD on a butt-ugly PSA 1 Mantle when you can buy a bunch of other cards with that money and watch them double over the years?

I also look at it this way, most people that have 30 grand to drop on a card, probably have a good amount of disposable income to the point where they can stretch going for a 2 or maybe a 3. I look at it this way, when I'm older and sitting on a house with no mortgage, that's when I'll probably look to buy a #311, unless the prices come down of course, which knowing Mantle if they do, it won't be by much.

samosa4u · #3 07-25-2021, 02:00 PM

Go after the 51' Bowman Mantle and Mays rookies instead. Way better investment, IMO.

investinrookies · #4 07-25-2021, 04:01 PM

Quote:

Originally Posted by samosa4u

Go after the 51' Bowman Mantle and Mays rookies instead. Way better investment, IMO.

People have been saying that for years, I even say it from time to time. Than I look at VCP, the trend lines, and every passing auction, only to see the gap continue to grow. Nothing will stop this trend in my opinion...simply to much demand and to many people willing to pay up for one.

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