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  #1  
Old 08-15-2022, 08:40 PM
uniship uniship is offline
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The card has incredible eye appeal for a 5. Super high-end for the grade. Period. Case closed. Great purchase congrats to the buyer.
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  #2  
Old 08-15-2022, 09:19 PM
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Lorewalker Lorewalker is offline
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Originally Posted by uniship View Post
The card has incredible eye appeal for a 5. Super high-end for the grade. Period. Case closed. Great purchase congrats to the buyer.
Congrats to the consignor.
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  #3  
Old 08-15-2022, 09:29 PM
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Peter_Spaeth Peter_Spaeth is online now
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Originally Posted by uniship View Post
The card has incredible eye appeal for a 5. Super high-end for the grade. Period. Case closed. Great purchase congrats to the buyer.
What's the prior high price for an SGC 5? I am sure with all the cards SGC has graded there have been some gorgeous 5s. Without that context, and perhaps you have it, hard to say "great purchase"?
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Last edited by Peter_Spaeth; 08-15-2022 at 09:30 PM.
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  #4  
Old 08-16-2022, 02:31 AM
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bobbyw8469 bobbyw8469 is offline
Robert Williams
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Quote:
Originally Posted by Peter_Spaeth View Post
What's the prior high price for an SGC 5? I am sure with all the cards SGC has graded there have been some gorgeous 5s. Without that context, and perhaps you have it, hard to say "great purchase"?
Agreed....if I was the consignor, I would have felt like I won the lottery.
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  #5  
Old 08-16-2022, 08:56 AM
marzoumanian marzoumanian is offline
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Default Classic Bidding War Result?

This could be the result of a classic bidding war between two people who wanted the card badly. That's all it takes to end in an eye popper. I was watching the bidding during the auction's last days and as I recall it was at $100,000 or so on Sunday. Incredible final number. Wow.
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  #6  
Old 08-16-2022, 11:33 AM
parkplace33 parkplace33 is offline
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For those that own a card of this caliber, has this sale motivated you to think about selling?
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  #7  
Old 08-16-2022, 11:55 AM
MikeGarcia MikeGarcia is online now
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Originally Posted by parkplace33 View Post
For those that own a card of this caliber, has this sale motivated you to think about selling?

.. The current thread about capital gains on baseball cards has cooled a lot of jets , at least until their applications for Swiss citizenship are approved.

......

..fortunately in my situation my capital gains on my own '52's will permit me to remain in Pottsville R D 4 , where the goats and sheep take care of the lawn.

..
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  #8  
Old 08-16-2022, 12:44 PM
BobC BobC is offline
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Originally Posted by MikeGarcia View Post
.. The current thread about capital gains on baseball cards has cooled a lot of jets , at least until their applications for Swiss citizenship are approved.

......

..fortunately in my situation my capital gains on my own '52's will permit me to remain in Pottsville R D 4 , where the goats and sheep take care of the lawn.

..
Don't let the capital gains tax deter you. It is still capped at a max 20% rate......for now. If they end up taking that cap off after a certain point, watch for a lot more of the big value cards to start appearing for sale/auction, before the higher tax rates take effect.

And picking Swiss citizenship may not be a great move. Along with income taxes levied at the federal, canton (their version of our states), and municipal levels, the Swiss may also levy a wealth tax at the canton and local levels. My understanding is their taxes can be as complicated and confusing as ours.
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  #9  
Old 08-16-2022, 01:26 PM
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MattyC MattyC is offline
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Originally Posted by parkplace33 View Post
For those that own a card of this caliber, has this sale motivated you to think about selling?
It has not motivated me to consider selling. I'd sell my collection if it was the only available difference maker perhaps in getting a dream home for my family, but that's the only scenario I could envision.

This REA SGC 5 example in question is certainly not what I would call the absolute best centering for a 311-- yet that degree hardly if ever surfaces, and a collector waiting for it can be waiting years and years. There was a 3 that sold at Heritage last year for $162,000 that had what I'd call as close to perfect as they come, and I believe PWCC has an SGC 7 with that degree of centering for over a million ask.

So the REA card is certainly a very strong one graded on the curve against what surfaces (the usual tilt and centering problems), and all it takes is two bidders with the right bankroll to slug it out. Auctions bring a competitive angle into the mix that simply cannot be ignored. And if a card brings out a mix of passionate collectors and card docs who see dollar signs, that is the recipe for very spirited bidding. It's happened to me on certain cards when I later found out I was bidding against a collector or two and a doctor.

Last edited by MattyC; 08-16-2022 at 01:28 PM.
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  #10  
Old 08-16-2022, 11:51 AM
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ullmandds ullmandds is offline
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Quote:
Originally Posted by marzoumanian View Post
This could be the result of a classic bidding war between two people who wanted the card badly. That's all it takes to end in an eye popper. I was watching the bidding during the auction's last days and as I recall it was at $100,000 or so on Sunday. Incredible final number. Wow.
War between card doctors??
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  #11  
Old 08-16-2022, 01:04 PM
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Originally Posted by ullmandds View Post
War between card doctors??
Always something to be considered when a card goes off the charts.
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Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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