Market wisdom--'28 Exhibit Gehrig?

[ls7plus]

Unless he didn't have $2,000, didn't know about the Legendary auction offering, or didn't care to be bothered unloading all the additional stuff he didn't want in the set beyond the '28 Gehrig.

Maybe he was on a quest, the way one of our members was some time ago, offering first $5,000 for a '58 Kahn's Clemente (PSA pop report 4, last time I checked, all likely secured in private collections for long periods of time) in SGC NrMt, then $5,000 for the same card in graded EX, when the first offer was unproductive. Sometimes when the fever takes over, you just have to have something you've been without for quite some time, and damn the torpedos, full speed (and $$$ ) ahead!

I know how that goes--Id set a limit of $5,000 for the purchase of the 1923 Lections Babe Ruth in a Mastronet auction a few years back, and allowed myself to get caught up in it, eventually spending just over $6,000 to secure the card, including buyers premium and shipping, handling and insurance, when I could have had another card I was interested in in the same auction, a T222 Walter Johnson for an amount within the limits I had set.

My feeling is that time may more than make him whole on that card, despite its less than desireable condition--we may see the '28 Gehrig appear in the low hundreds in the pop report eventually, but by the time that happens, it may well be considered a truly, if not extremely rare card. I don't think anyone would suggest that there are thousands or even upper hundreds of examples out there--Adam might be in the best position to know.

Thank you for your input--I do appreciate it!

Larry

[glchen]

I guess I just don't feel the 28 Exhibits Gehrig is one of his key cards (e.g, 25 Exhibit, 33/34 Goudey, Delong, US Caramel). Adam or Scott could probably answer better on the scarcity of this Exhibit. I've always liked the 26-29 Exhibits Portrait look better than the 28 Exhibit. I would've guessed that this one in SGC 20 would've gone between 400-500.

The Lections Ruth on the other hand is very rare and very in demand. Type collectors are happy with any Lections, and Ruth collectors simply cannot get their hands on a copy of this card. It's very tough.

[fkw]

Example picture....

Picked this up in trade last year........ and sold last years, both valued in the $350-$400 range.

Its a nice attractive card, but not a key Gehrig IMO compared to the others mentioned.

[Rickyy]

Yep nice card, but I got mine in the same condition for $200 plus change....

[HRBAKER]

I agree with has been said. I have one of these and have never considered it either close to being rare or a "key" Gehrig card. Now of course a card doesn't have to be rare to be considered key, the two '34 Goudey Gehrigs are certainly not rare and they are considered keys I would say. If you are patient you can pick one up at a decent price. I think much of the increase in price is due to the fact that there has been an appreciation long term in the amount Exhibits are bringing compared to the old days when they were considered low caste hobbywise and it has been a way to pick up a legitimate, playing days Gehrig card and player/HOF type collectors have driven the price up.

[ls7plus]

Appreciate the input, guys. I really like Frank's card for eye appeal (can't see any creases on the scan--appears back damage only was what downgraded the card), which is something that seems to hover in that gray area between subjective and objective. I would have been happier with Frank's than the one Bagger77 sold in SGC fair--despite seller Dave's comments in the description on e-bay, I really thought it's eye appeal was quite marginal.

Thanks for taking the time to comment.

Larry

[Exhibitman]

Thanks for the kudos, guys.

The 1928 is the 4th straight year of that pose, BTW.

Not much surprises me on Exhibit pricing. They're just tough enough that someone frustrated over a few auction losses might just jump on a BIN. I'd have guessed more like $500-$600 for a lower grade one but you never know.