Final Day to Bid in Goldin Elite Session 1 Ends 5 hours!

[Goldin Auctions]

Hi all
if you are registered with us, i am sure you are aware it is closing day, we certainly do our best to promote and inform!

The Elite is a Higher end limited auction, so we have some big hitters like
1968 Topps Ryan rookie PSA 10 (1/1)
1954 Topps Aaron Rookie PSA 9
1955 Parkhurst complete set PSA #2 in registry
1933 Goudey Ruth #181 PSA 8
1948 Mikan rookie PSA 8
1933 Goudey 106 Lajoie SGC 3
and many more, plus tons of High end modern cards and great memorabilia.
here is the link and good luck!

https://goldinauctions.com/catalog.aspx

[chriskim]

Wow.. i wonder what the reserve is for that Mike Trout 1/1. Current bid $2.5M and Reserve Not Met.... that's $3M with juice. OMG.

[Steve D]

Well, it looks like the auction's over, and the Trout sold for $3.2M; $3.84M with the BP!!!!!!!!!!

Steve

[ejharrington]

Originally Posted by Steve D

Well, it looks like the auction's over, and the Trout sold for $3.2M; $3.84M with the BP!!!!!!!!!!

Steve

Wow!!!

[Snapolit1]

I will be the first to say that’s total insanity and someone is going regret this big time.
Of course I would have said the same thing when the seller originally bought the card for a million, so what do I know.

[Leon]

Originally Posted by Snapolit1

I will be the first to say that’s total insanity and someone is going regret this big time.
Of course I would have said the same thing when the seller originally bought the card for a million, so what do I know.

When it goes for 5 million we will be saying how crazy it is.

[Dpeck100]

The vast majority of all message board participants thought Vegas Dave was nuts to pay 400k.

Just a sign to me of how far the card market has come and how much big money is moving in.

Very cool.

[swarmee]

Well, it had been sitting as a BIN on eBay for months at that time, right?

Do these guys really think it's an investment at this point, or a schlong measuring contest?

[Dpeck100]

Originally Posted by swarmee

Well, it had been sitting as a BIN on eBay for months at that time, right?

Do these guys really think it's an investment at this point, or a schlong measuring contest?

I don't recall but I can't say I would have thought it would do this.

Cards are becoming modern day art and this has now become a status symbol and when that happens there is no telling how high it will go.

[Snapolit1]

Babe Ruth stuff going under 20k. And Trout 3 million. Makes sense in some alternate universe I’m sure.

[swarmee]

Originally Posted by Snapolit1

Babe Ruth stuff going under 20k. And Trout 3 million. Makes sense in some alternate universe I’m sure.

According to Dr. Strange, we're in the 1. Of 14,000,605 alternate universes.

2018 Upper Deck Avengers Infinity War - [Base] #62 - Fourteen Million Six Hundred and Five
Courtesy of COMC.com

Next for 2020: Thanos

[chriskim]

The money is well spent, i am sure the buyer will come forward and use it to promote his company. (probably lob.com again)

Vegas Dave purposely set a reserve that will break the Wagner $3M record. Now that Trout is the most expensive card ever sold. Nicely planned! I am pretty sure if Wagner-8 goes on auction now, it will be at $6M+.

[chriskim]

sorry for not doing enough research. post removed

[Dpeck100]

Originally Posted by chriskim

The money is well spent, i am sure the buyer will come forward and use it to promote his company. (probably lob.com again)

Vegas Dave purposely set a reserve that will break the Wagner $3M record. Now that Trout is the most expensive card ever sold. Nicely planned! I am pretty sure if Wagner-8 goes on auction now, it will be at $6M+.

I read where Ken Kendrick said it was insured for 12 million. I would think since this is the case it’s closer to that.

[Goldin Auctions]

Originally Posted by chriskim

So #19 Jordan logoman card sold for the same price (well... $2k more) since HA auctioned it. The previous owner just lost 20% or even more if Goldin charge him commission. (This is why investing in modern cardboard is a hit or miss sometimes)

Incorrect
This is a different card, we got it in RAW, and has a lower grade and lower auto grade than one heritage sold
Heritage sold a BGS 9.5 with a 10 auto grade
This card was a BGS 8.0 with an 9 sub grade
The consignor on this card more then doubled his money After any fees
Why would you even post something like this?

Heritage card
https://sports.ha.com/itm/basketball.../50016-56023.s

Goldin Card (link not active until Session 2 closes)
2002-03 Upper Deck "NBA Logo Mania" #MJ-NBA Michael Jordan Signed Logoman Game Used Patch Card (#1/1) – BGS NM-MT 8/BGS 9 – An Inaugural Jordan Logoman Card Appearance!

notice the difference between a Gem Mint 68 Ryan rookie and an 8 ryan rookie? come on...this wasn't nice

[chriskim]

Originally Posted by Goldin Auctions

Incorrect
This is a different card, we got it in RAW, and has a lower grade and lower auto grade than one heritage sold
Heritage sold a BGS 9.5 with a 10 auto grade
This card was a BGS 8.0 with an 8 sub grade
The consignor on this card more then doubled his money After any fees
Why would you even post something like this?

apologize for not doing enough research. post removed. sorry. (I really thought this kind of logoman is really 1/1, who knows there are multiple 1/1 in the same series. I don't collect anything post 60s)

[Sean1125]

Originally Posted by Goldin Auctions

Incorrect
This is a different card, we got it in RAW, and has a lower grade and lower auto grade than one heritage sold
Heritage sold a BGS 9.5 with a 10 auto grade
This card was a BGS 8.0 with an 8 sub grade
The consignor on this card more then doubled his money After any fees
Why would you even post something like this?

I think there is a combination of both ignorance and jelousy.

I find it totally interesting to read these threads and the different opinions of collectors, investors, and dealers.

There are so many cards that people do not understand and therefore make statements of I don't get how X sells for Y while W sells for Z.

Economics, supply and demand.

Fifty or sixty years ago someone saw Munson play, Clemente play (maybe closer to 65-70). Those cards at that time were worth more than the cards previous to that, even of all stars such as Babe Ruth.

Collecting is about emotion and always will be, looking at a card brings up memories, joy, and peace.

Additionally money is relative, a tech billionaire spending $4M is akin to an average man buying a few hundred or thousand dollar card. That is what you can afford, that is what they can afford. They are going to show that card to friends and appreciate it just as you, simply relative to their wealth.

I do agree a superfractor is a manufactured rarity; however, the market has always differentiated these cards and that will continue (lower supply, high demand). It is the premier card of a player. IE 58 Pancho VS. 58 Pancho Error, 74 Small Letters VS. 74 Big Letters, 82 Blackless VS. 82 Base. Those were simply accidental manufactured rarities.

[Goldin Auctions]

Originally Posted by chriskim

apologize for not doing enough research. post removed. sorry. (I really thought this kind of logoman is really 1/1, who knows there are multiple 1/1 in the same series. I don't collect anything post 60s)

Accepted ty

[MattyC]

Originally Posted by Dpeck100

I don't recall but I can't say I would have thought it would do this.

Cards are becoming modern day art and this has now become a status symbol and when that happens there is no telling how high it will go.

Art market prices literally dwarf even the highest card “sales.”

[Dpeck100]

Obviously.

Art has sold for 450 million.

Modern day.

[chriskim]

We need some catalyst to hype our pre-war vintage cards. May be Wagner and Ruth are actually still alive or something.

[Goldin Auctions]

Originally Posted by chriskim

We need some catalyst to hype our pre-war vintage cards. May be Wagner and Ruth are actually still alive or something.

If you haven’t heard, I picked up a T206 Wagner on Friday
Will be having a monster vintage auction in October
I’ve been told I can promote , so expect me to be all over TV with the card...looking for good company to put in the auction too....

[chriskim]

Originally Posted by Goldin Auctions

If you haven’t heard, I picked up a T206 Wagner on Friday
Will be having a monster vintage auction in October
I’ve been told I can promote , so expect me to be all over TV with the card...looking for good company to put in the auction too....

Congrats of your recent pick up!! The market is on fire and I know Goldin can promote and have a list of rich people in the bidder list. I still remember someone bought a Ty Cobb back somewhere else and flipped after a few months at Goldin and made $40k or something like that. It was all about Goldin Power!

[HOF Auto Rookies]

Congrats on the Trout, Ken! Can't wait to see the Wagner and what else.