Will the new Heritage and REA tobacco finds impact the market?

bbcard1 · #1 10-26-2023, 04:28 PM

One of the reasons T206s are so popular is that they are attainable. Having a couple of finds may actually expand the market.

Peter_Spaeth · #2 10-26-2023, 04:48 PM

Somehow prices will go UP.

Casey2296 · #3 10-26-2023, 05:01 PM

Quote:

Originally Posted by Peter_Spaeth

Somehow prices will go UP.

Only on the cards you want Peter...

Fred · #4 10-26-2023, 05:57 PM

It would be really nice if Heritage did a full accounting of all cards and cataloged it all for hobbyist to see. A back story about where the original collector grew up and how the cards came to the market would be interesting and possibly draw a little more attention to them.

Wouldn't it be cool to see a completed list/table of the back distribution? Anybody want to guess how many common Piedmonts in this find?

Wouldn't 3,300 T206 cards would be a drop in the bucket when considering the full population of this series? It's not like someone coming out with 3,300 Old Judges (N172s). My guess is that the find wouldn't have much of an impact on the price of T206s.

If Heritage played their cards right (sorry about that), then they could promote this collection by having the cards TPG label indicate "The Blah Blah Find/Collection" on the grading flips. I'm sure it wouldn't cost them anything to do this. The TPG and Heritage could try to cash in on this.

BobbyStrawberry · #5 10-26-2023, 06:32 PM

Quote:

Originally Posted by Fred

It would be really nice if Heritage did a full accounting of all cards and cataloged it all for hobbyist to see. A back story about where the original collector grew up and how the cards came to the market would be interesting and possibly draw a little more attention to them.

I would love to see AHs do stuff like this. Do collectors care enough about these things, though? So many of them just seem to care about the number on the slab and not much else...

raulus · #6 10-26-2023, 06:54 PM

I�m always a little wary about groupthink, particularly when our thinking is largely self-reinforcing, but I�m inclined to agree that the T206 supply is just so huge and the demand is so deep that these finds will be a drop in the ocean.

Open any recent major auction catalog (or electronic version), and you have to wade through a sea of T206s. These finds just aren�t big enough to move the needle on an existing supply that is already so gigantic.

I suppose if these finds included a gigantic increase in the supply of rare pieces by adding 1,000 Wagners, Doyle errors, or brown Lenox cards then we could talk about a serious market impact. But this isn�t it.

G1911 · #7 10-26-2023, 07:05 PM

A small fraction of a percent population increase is obviously not going to change anything.

Snowman · #8 10-26-2023, 10:53 PM

Quote:

Originally Posted by BobbyStrawberry

I would love to see AHs do stuff like this. Do collectors care enough about these things, though? So many of them just seem to care about the number on the slab and not much else...

No, effectively, nobody cares.

I had a rare Lebron James & Michael Jordan dual auto Lebron RC that I consigned last year. I also had the original pack of was pulled from and the cards that were in that pack along with the story of which card shop in Florida it was pulled from. Heritage said to just send the card and to throw the rest away.

Schlesinj · #9 10-27-2023, 04:16 AM

Quote:

Originally Posted by BobbyStrawberry

I would love to see AHs do stuff like this. Do collectors care enough about these things, though? So many of them just seem to care about the number on the slab and not much else...

I think narrative matters.

The Uncle Jimmy Story is an example that brought a large premium and the average or dormant collector came came out and spent money. Me being one of those.

Snapolit1 · #10 10-27-2023, 07:18 AM

Quote:

Originally Posted by Schlesinj

I think narrative matters.

The Uncle Jimmy Story is an example that brought a large premium and the average or dormant collector came came out and spent money. Me being one of those.

I think a lot of the narratives are exaggerations or compete bs. No one ever says my uncle took them from an old lady down the street whose husband dutiful collected them for decades but dropped dead on his way to the office one morning.

Peter_Spaeth · #11 10-26-2023, 07:44 PM

Quote:

Originally Posted by Casey2296

Only on the cards you want Peter...

No doubt.

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