Super high end Mantle cards

Seven · #1 08-31-2023, 02:11 PM

I don't see how Mantle prices, go down. Maybe they stagnate, but they pretty much are what they are. He is the main draw of post-war collectors, he will continue to be for as long as the Hobby is around. He's Mickey Mantle, as American as apple pie. He's a transcendent figure in the hobby.

raulus · #2 08-31-2023, 02:22 PM

Quote:

Originally Posted by Seven

I don't see how Mantle prices, go down. Maybe they stagnate, but they pretty much are what they are. He is the main draw of post-war collectors, he will continue to be for as long as the Hobby is around. He's Mickey Mantle, as American as apple pie. He's a transcendent figure in the hobby.

It's been a year, but this one comes to mind:

https://bid.robertedwardauctions.com...?itemid=112451

Just to poke the bear a little, what's your best guess on what it would fetch today? Has it just stagnated or gone down?

I realize this is probably the high water mark, but I suspect it also proves the point that it's possible for even the mighty Mantle, including the mythical 311 to lose value. Particularly if you get into a major bidding war when you buy.

Now, if this owner holds for long enough, he'll probably come out ahead, or hopefully at least break even. Probably.

Seven · #3 08-31-2023, 05:29 PM

Quote:

Originally Posted by raulus

It's been a year, but this one comes to mind:

https://bid.robertedwardauctions.com...?itemid=112451

Just to poke the bear a little, what's your best guess on what it would fetch today? Has it just stagnated or gone down?

I realize this is probably the high water mark, but I suspect it also proves the point that it's possible for even the mighty Mantle, including the mythical 311 to lose value. Particularly if you get into a major bidding war when you buy.

Now, if this owner holds for long enough, he'll probably come out ahead, or hopefully at least break even. Probably.

I am far from an expert, that issue is nicely centered though, which I believe, still commands a premium. I don't understand the circumstances that elevated that one particular auction to such a high, as if you're comparing the prices of PSA 5's, they don't come close to it. Perhaps you are right, the person got into a major bidding war and had to have that card.

I will say though, I think if you're spending 300K on a card, you don't necessarily have to worry about breaking even. Chances are you have more than enough money. But that is a different discussion, for a different time.

parkplace33 · #4 08-31-2023, 07:29 PM

Quote:

Originally Posted by Seven

I will say though, I think if you're spending 300K on a card, you don't necessarily have to worry about breaking even. Chances are you have more than enough money. But that is a different discussion, for a different time.

In another era, I would agree with you. But I have thrown reason and expectations out the window the last 3 years.

Could it have been a collector buying it? Sure. It also could have been a flipper/ dealer looking for a mistake grade. Or worse, a quick flip.

Johnny630 · #5 08-31-2023, 07:40 PM

This one played musical chairs from Heritage and PWCC�Feb 27 2022, $204,000 then May 19 2022 $180 PWCC 24k less.. did it ever really sell or was this a vault and swap? The world may never know �.

https://www.pwccmarketplace.com/prem...ampaign=impact

Fuddjcal · #6 08-31-2023, 06:06 PM

Quote:

Originally Posted by raulus

It's been a year, but this one comes to mind:

https://bid.robertedwardauctions.com...?itemid=112451

Just to poke the bear a little, what's your best guess on what it would fetch today? Has it just stagnated or gone down?

I realize this is probably the high water mark, but I suspect it also proves the point that it's possible for even the mighty Mantle, including the mythical 311 to lose value. Particularly if you get into a major bidding war when you buy.

Now, if this owner holds for long enough, he'll probably come out ahead, or hopefully at least break even. Probably.

They paid "8" prices cause it had "Eye Appeal"

Johnny630 · #7 08-31-2023, 07:18 PM

Quote:

Originally Posted by raulus

It's been a year, but this one comes to mind:

https://bid.robertedwardauctions.com...?itemid=112451

Just to poke the bear a little, what's your best guess on what it would fetch today? Has it just stagnated or gone down?

I realize this is probably the high water mark, but I suspect it also proves the point that it's possible for even the mighty Mantle, including the mythical 311 to lose value. Particularly if you get into a major bidding war when you buy.

Now, if this owner holds for long enough, he'll probably come out ahead, or hopefully at least break even. Probably.

$130k Max...sadly he got caught up, he way way overpaid... if he can hold for 10 plus years he is fine, if not will be tough. He will have to deep six this card

Peter_Spaeth · #8 08-31-2023, 07:27 PM

REA giddy premium. It happens a lot.

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