A bit OT : What does Strassberg speculation say about the vintage Mkt

[sbfinley]

I also don't believe this card's hammer price has anything correlation to the vintage market.

HOWEVER...

I have become tired of all the boards I frequent bash the buyers who spend serious money on such modern cards. At the end of the day we all collect cardboard with pictures of ballplayers and they are only worth what someone will pay for them.

[ChiefBenderForever]

Originally Posted by sbfinley

At the end of the day we all collect cardboard

Technically speaking the new stuff is mostly plastic.

[sbfinley]

Got me there.

[Bosox Blair]

Originally Posted by sbfinley

I also don't believe this card's hammer price...

Not even a hammer price, as the reserve was not met. This seller just bought the card for over $16.4K and was trying to flip it for more than $18K...didn't work...

Cheers,
Blair

[Matthew H]

Originally Posted by Bosox Blair

Not even a hammer price, as the reserve was not met. This seller just bought the card for over $16.4K and was trying to flip it for more than $18K...didn't work...

Cheers,
Blair

I would have took that profit.

People speculate that his cards will not hold half their current value over the next 5 years, however, they were a good buy two months ago!

[Bilko G]

Originally Posted by Bosox Blair

Not even a hammer price, as the reserve was not met. This seller just bought the card for over $16.4K and was trying to flip it for more than $18K...didn't work...

Cheers,
Blair

theres still 5 days left in the auction....

[Bosox Blair]

Originally Posted by Bilko G

theres still 5 days left in the auction....

Good point - I thought it was over.

[scooter729]

Some are saying how these prices are ridiculous, but in my opinion, anything that gets baseball card collecting into the mainstream media is good news for us.

The Strasburg stories have been on ESPN, Yahoo and I'm sure many other outlets. This hopefully will help drive new collectors into the hobby, and with some luck, they'll stick around and see the fun we get out of collecting vintage cardboard.

[birdman42]

Originally Posted by sbfinley

I have become tired of all the boards I frequent bash the buyers who spend serious money on such modern cards. At the end of the day we all collect cardboard with pictures of ballplayers and they are only worth what someone will pay for them.

Steven,

If somebody spends $18,000 (or $100,000) on a card and adds it to their collection I don't think anyone in the hobby is going to bash the buyer. It's when you spend that much money on something you have little appreciation of, strictly as a speculative venture, that you open yourself up to bashing.

As a side note, I'm sure it's just a coincidence that the flipper's eBay handle code is d***a.

Bill

[Bicem]

Originally Posted by birdman42

If somebody spends $18,000 (or $100,000) on a card and adds it to their collection I don't think anyone in the hobby is going to bash the buyer. It's when you spend that much money on something you have little appreciation of, strictly as a speculative venture, that you open yourself up to bashing.



Bill

why? what's wrong with someone trying to make a buck?

[alanu]

The only thing I can derive from this is that there are a lot of people out there (vintage and modern collectors) with a lot of disposable income.

[jboosted92]

Originally Posted by alanu

The only thing I can derive from this is that there are a lot of people out there (vintage and modern collectors) with a lot of disposable income.

it has to do with Marketing..... if a company buys this, they will be in every paper around the wrold

[mark evans]

I agree that prices for Strasburg cards say little about the vintage card market.

And, while I would never criticize someone for spending his money as he sees fit, regardless whether a collector or speculator, I just cannot fathom that modern "chase" cards, which are valuable only because of contrived limited supply, will retain their value over time.

Even if Strasburg becomes the real deal (I've attended both of his home starts and he looks overpowering to me), I think my point still holds. Over time, there will be boatloads of Strasburg cards, including autograph cards and game-used cards, you name it. I just can't see how any particular card or cards will remain so much more valuable than all the others.

[Leon]

This sort of reminds me of the little old lady that found the 1869 Peck and Snyder and was subsequently on The Tonight Show and many other media venues with it. That card sold in Memory Lane for around 75k. It's not a 75k card (and wasn't then). About a few days later I got a call from the person who bought it, the gentleman that owns Tri-Star, whom I have met a few times. I guess he Googled the card and found mine on my website and since we knew each other a little bit, gave me the call. I told him I thought it was a neat card and I like mine a lot but it really wasn't quite as valuable as what he paid for it. He said he would get 2x the price of it back in advertising. I think several months after that he consigned it to another auction house and it did only bring about 40k-50k, if I remember correctly. So the bottom line is that some of these very high profile cards come with benefits that have nothing to do with the actual value of the card itself.

I have no issue with anyone spending their money the way they want to. I just hope they don't think the 100k+ card is going to rise a whole lot in value. Historically that has not been the case.

And one last thing. I firmly believe that any GOOD publicity for any baseball card collecting is GOOD for ALL of us. So kudos for the whole spectacle, in that respect .

regards