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Old 12-02-2025, 11:44 PM
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brunswickreeves brunswickreeves is offline
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Originally Posted by jd9cards View Post
This is a very 'consultant' answer. I am also in consulting lol. But you didn't answer the question. Which would you prefer?

I appreciate the points you raised about the strengths and weaknesses of each option. The Baltimore News Ruth is actually a fascinating comparison to the Aaron. Both pieces fall outside the strict definition of a “card,” and both are scarce pre-rookies. But one thing that still stands out to me is the population and valuation gap: Aaron sits at 2 known copies versus roughly 10 for the Ruth, and a ~$275K valuation versus a ~$4M card even after shedding $3M on its most recent sale.

That puts the implied market cap for the Ruth around $40M and the Aaron around $500K. To me, that discrepancy feels difficult to justify. Should Ruth really trade at an 80x multiplier? I’m not arguing the Aaron should be worth anywhere near half of Ruth’s market cap, but I do believe there’s meaningful room for growth. And yes—I fully admit my bias.

A similar comparison can be done with the 1952 Indianapolis Clowns Aaron and the 1954 Topps Aaron PSA 9 from a market cap and relative value perspective. I think at minimum the PSA 9 Aaron and the Postcard should be worth the same amount
Ah, you joust! The scarcity and potential upside on the ‘52 Aaron is appealing. Aesthetically, however, I prefer the ‘54 Aaron-love how that card pops and the key data/info on the back. Given a choice, I’d pick the guaranteed $400K ‘54 Aaron, sell that, and offer you $350K for the ‘52 Aaron. I’d spend the rest on a decent ‘52 Topps Mantle or Wagner Tip Top Bread.
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