1916 M101-4 Sporting News Babe Ruth PSA 4 on Goldin

[theshowandme]

Originally Posted by swarmee

Because there are a thousand different items for sale in auctions that end every week. Even cool ones don't need threads until they've been purchased.

There isn't an "outing an auction" rule, mainly just an expectation. Many people in the market for this card would be angry at you for bringing even more visibility to it, giving people a reason to think they will no longer get a steal or even fair market for it.

Ah, okay.

Didn’t mean to cross that boundary. I’m generally clueless on this stuff.

[Michael B]

Originally Posted by theshowandme

Ah, okay.

Didn’t mean to cross that boundary. I’m generally clueless on this stuff.

I would not worry about it. If they did not complain they would feel the day is lost. This is a card in a major action that everyone here looks at. You did not 'out' anything. Pass out some bran muffins and Drano enemas and everyone will be fine.

[BobC]

Originally Posted by Michael B

I would not worry about it. If they did not complain they would feel the day is lost. This is a card in a major action that everyone here looks at. You did not 'out' anything. Pass out some bran muffins and Drano enemas and everyone will be fine.

+1

A card of that standing and value already has a severely limited number of interested collectors that can actually afford it. And the people at those levels likely are well aware of when a card like that comes up for sale, and likely have people or other systems in place looking out for them to let them know when one is available for sale. Plus, you know Goldin is hyping and advertising the heck out of such a big-name card to as many people as they can. Like Michael said, you didn't really "out" anything.

You're a fairly new member on here, and haven't posted much at all so far. Other long-time "regular" members will occasionally start threads talking about some big cards going up for sale, and even having people guess what they'll end up selling for. But because they've been on here for longer than you and/or are otherwise considered part of the "clique", no one on here gives them grief. Yet they did exactly the same thing you did.

Just keep this experience as a reminder going forward that some people will always look upon any mention of an auction or sale, before it is finalized, as potentially jeopardizing their perceived opportunity to get a bargain or "steal" of something that they hope isn't really seen by anyone else. Truth is, something like that is much more likely to happen with something up for sale on Ebay than at a big, well-known AH.

[nolemmings]

Curious that this same card was auctioned by Goldin just 6 months ago and sold for $510K with BP. Don't know if there was a reneged bid or someone just decided to turn it over that fast. I have often wondered about the Ruth rookie-- so many collectors claiming it would be their dream card yet they seem to flip it without a lot of hesitation. I generally understand the profit explanation when accompanied with a claim that the extra funds will help get something they really wanted, but kinda seems like you're already at the top of the mountain if you own this one, or damn near it.

[mrreality68]

Hi

I was fortunate to buy one years ago when the costs were alot lower and I am a collector and it is the center piece of my collection with no plans on selling unless something unforseen happens.

With that said many people on this forum often highlight a card that is on auction for many reasons from curiousity, to interest, to it being odd or rare, or for the beauty of it.

Alot of times we highlight the high end cards and all takes guess on how much it will sell for or like/criticize how it looks.

As for people seeing it. IT can still be easily missed regardless of value. (I did not know this card was at auction 6 months ago as mentioned prior) With so many auctions going on all the time and non stop and so many cards having been flipped or non seen in years it is hard to keep track.

I have missed many cards that I am kicked myself for not seeing and not having a chance to bid on it and others knowing my interesting have PM me (as I have them in the past) to help each other not miss cards.

That being said I think the clarity on that card is amazing the centering is a little off(but with rare cards not as much an issue) and if it was better centered than the grade would be higher.

What will be interesting is the difference in the price from this 4 to the HA 7.

[puckpaul]

Originally Posted by Michael B

I would not worry about it. If they did not complain they would feel the day is lost. This is a card in a major action that everyone here looks at. You did not 'out' anything. Pass out some bran muffins and Drano enemas and everyone will be fine.

+1

Big collectors aren’t missing these at auction.

[mrreality68]

So what do you think the over/under is on this card since we have a thread.

It went for $510k with BP approx 6 months ago.

It is at $350k ($420k with BP)

I am thinking over $620k?

Any guesses?

[Republicaninmass]

Why would someone sell right away? Seems curious at the least. Hard to believe even the 500k sales was legit, let alone a "collector who is going a different direction"


Maybe the saw the psa 3 sale at 400k? I dont get it

[mrreality68]

Originally Posted by Republicaninmass

Why would someone sell right away? Seems curious at the least. Hard to believe even the 500k sales was legit, let alone a "collector who is going a different direction"


Maybe the saw the psa 3 sale at 400k? I dont get it

I am sure it was a legit sale. and Yes I have seen people flip high end cards all the time.
Also prices can vary with blank back vs Ad Back. and since they do not come up often there will always be demand for it

Regardless. IT is already at $420K (with BP) and it still has a long day to go. So it should easily exceed the $510K #.

[Leon]

+1 And there is never a loss for a conspiracy story either.

Originally Posted by mrreality68

I am sure it was a legit sale. and Yes I have seen people flip high end cards all the time.
Also prices can vary with blank back vs Ad Back. and since they do not come up often there will always be demand for it

Regardless. IT is already at $420K (with BP) and it still has a long day to go. So it should easily exceed the $510K #.

[nolemmings]

Originally Posted by mrreality68

I am sure it was a legit sale. and Yes I have seen people flip high end cards all the time.
Also prices can vary with blank back vs Ad Back. and since they do not come up often there will always be demand for it

Regardless. IT is already at $420K (with BP) and it still has a long day to go. So it should easily exceed the $510K #.

I have no opinion on whether it was a legitimate sale. The card is not that scarce--at least 7 sales in the past two years with just that TSN ad back.

I have no issue with people flipping cards. I just look askance at someone claiming they are a diehard collector who has always wanted a Ruth rookie when they probably should be saying they are an investor who always wanted something that would turn a quick profit. The word poser comes to mind. But hey, so be it-- a small issue in the overall scheme of things.