1865 Brooklyn Atlantics CDV for sale

[edtiques]

This is a really nice piece of baseball memorabilia. http://abcnews.go.com/Business/slideshow/1865-baseball-card-worth-100000-2165601"]

[Runscott]

Originally Posted by edtiques

This is a really nice piece of baseball memorabilia. http://abcnews.go.com/Business/slideshow/1865-baseball-card-worth-100000-2165601"]

Everyone but me is up in Maine preparing to bid, but thanks for posting.

[GaryPassamonte]

Scott- I'm home where it's nice and quiet.

[oldjudge]

My guess is that the card will go for no more than $30,000. What do you think?

[Runscott]

I don't know, but I'm going out for a steak dinner on the money I saved by Saco not taking me up on getting the testing one.

Back in my own realm, I won this today - I'm pretty sure it's an 1865 Atlantics reunion game. I just need to find a way to get it in an SGC slab with the proper labeling, and it's steak dinners for the rest of the month.

[rjackson44]

Scott just a pretty image wow

[GaryPassamonte]

Jay,
I still think it will go for $40-$50 K, unless, of course, none of the usual suspects bid.

[bn2cardz]

Originally Posted by edtiques

This is a really nice piece of baseball memorabilia. http://abcnews.go.com/Business/slideshow/1865-baseball-card-worth-100000-2165601"]

I am assuming that you missed this great read of a thread about this card... prepare to spend some time on it if you want to get through it all as it does have 338 posts.
http://www.net54baseball.com/showthr...highlight=1865

[Matthew H]

Originally Posted by Runscott

I don't know, but I'm going out for a steak dinner on the money I saved by Saco not taking me up on getting the testing one.

Back in my own realm, I won this today - I'm pretty sure it's an 1865 Atlantics reunion game. I just need to find a way to get it in an SGC slab with the proper labeling, and it's steak dinners for the rest of the month.

Why does SGC have to approve of your photo? It's amazing.

[Runscott]

Originally Posted by Matthew H

Why does SGC have to approve of your photo? It's amazing.

Matt, I was being my usual smart-*ss self

[atx840]

Originally Posted by Runscott

Matt, I was being my usual smart-*ss self

+1

[talkinbaseball]

It's # 1 on the Yahoo website.


john

[deebro041]

Originally Posted by Runscott

I don't know, but I'm going out for a steak dinner on the money I saved by Saco not taking me up on getting the testing one.

Back in my own realm, I won this today - I'm pretty sure it's an 1865 Atlantics reunion game. I just need to find a way to get it in an SGC slab with the proper labeling, and it's steak dinners for the rest of the month.

Nice pickup Scott! I was going to bid on this and forgot to set a snipe.

[oldjudge]

http://www.pressherald.com/news/Rare...ion-house.html

The funniest thing is that the winner is a financial advisor.

[yanks12025]

As a investment for his 4 year old son. So sounds like the guy doesn't even collect baseball. Wonder what rare card they will find next in a attic or old book.

Also can anyone ever see it selling for triple this amount like he thinks when he decides to sell it?

[Matthew H]

You've gotta hand it SRA. I don't think the card would have brought 80k in any of the major sports auctions.

[Runscott]

I'm glad they found something on Net54 that they could use:

"While it is similar to the card in the Library of Congress, the card found in Maine is printed from a different negative. The two images originally could have been viewed together through a stereoscopic viewer, which created the illusion of three-dimensional depth from two-dimensional images."

[Matthew H]

This is the problem with auction hype. Now some guy spent 80k thinking it's going to triple and pay for his 4 year old's medical expenses.

[packs]

Even if it doesn't triple the 80K would be gone if it weren't tied up in the card. I don't see it selling for less. Still a good investment.

[Donscards]

I just got back from the auction card went $92,000 with the juice---it will be on ebay tomorrow check it out and u will not believe the price. Don

[Matthew H]

Originally Posted by Donscards

I just got back from the auction card went $92,000 with the juice---it will be on ebay tomorrow check it out and u will not believe the price. Don

270k?

[yanks12025]

Did the $92,000 include state taxes??

[Runscott]

Thanks for that breaking news, Don. You've been all over this from the beginning. Did you get any interviews with the media today?

[Jewish-collector]

When does he expect to sell it to triple his money ?

[Runscott]

Originally Posted by Matthew H

270k?

I DO NOT BELIEVE YOU

What was/is this guy thinking? Some combination of the following, I'm guessing.

1. The winning bidder feels that somehow all the knowledgeable collectors (except one, the underbidder) missed hearing about this item, but he was lucky enough to attend the secret auction and get a steal
2. The winning bidder knows nothing about baseball collectibles, but figured that as long as someone else was bidding, it was safe for him to place another bid
3. The winning bidder thinks there's someone on ebay who knows even less than he does
4. The knowledgeable collectors weren't at the secret auction because they will all be waiting on ebay, since that's where they feel most comfortable spending their money

So, knowledgeable collectors - Don got the scoop for you. Go fish in the bay tomorrow.

[yanks12025]

At least the guy had a cute girlfriend. Lol

[oldjudge]

This guy also was the winning bidder of the Nash N173 in the August Saco auction. I believe that he paid over $5000 with the vig which is 2-3x what I think it is worth. Now he is selling it on EBay:

http://www.ebay.com/itm/1888-OLD-JUD...p2047675.l2557

Can it be long before the Atlantics card hits Ebay. This gets funnier and funnier.

[Jlighter]

Originally Posted by yanks12025

At least the guy had a cute girlfriend. Lol

Is this her?

http://www.ebay.com/itm/HUGE-5-FT-CH...item3a72f093ca

[yanks12025]

Originally Posted by Jlighter

Is this her?

http://www.ebay.com/itm/HUGE-5-FT-CH...item3a72f093ca

I was going by the pic in the news article.

[frankbmd]

Originally Posted by Runscott

I DO NOT BELIEVE YOU

What was/is this guy thinking? Some combination of the following, I'm guessing.

1. The winning bidder feels that somehow all the knowledgeable collectors (except one, the underbidder) missed hearing about this item, but he was lucky enough to attend the secret auction and get a steal
2. The winning bidder knows nothing about baseball collectibles, but figured that as long as someone else was bidding, it was safe for him to place another bid
3. The winning bidder thinks there's someone on ebay who knows even less than he does
4. The knowledgeable collectors weren't at the secret auction because they will all be waiting on ebay, since that's where they feel most comfortable spending their money

So, knowledgeable collectors - Don got the scoop for you. Go fish in the bay tomorrow.

I'm taking #3, Scott. He's even selling his racing mice on Ebay to pay the bill.

http://www.ebay.com/itm/1950s-YONE-T...item3ccb7c45d2

[Ben Yourg]

I believe it went up to 80K

[CW]

Originally Posted by yanks12025

I was going by the pic in the news article.

I'm thinking that was the model that held the card during the auction. Oddly, the use of a model does make the card look more appealing...

[baseballart]

Being a jaded Canadian tax lawyer, I often think purchasers list items for resale so they can escape state sales taxes by using the resellers tax exemption. If someone pays the huge markup, great, but if not, the purchaser has saved the taxes

[jhs5120]

Originally Posted by Matthew H

You've gotta hand it SRA. I don't think the card would have brought 80k in any of the major sports auctions.

100% agree. Kudos to Troy and them for putting together a great auction.

[kateighty]

LOL at whether she's the girlfriend or the auction model. I bet the guy drives a bright yellow Hummer.

[oldjudge]

This guy has hundreds of lots listed on Ebay now, most of it low value material. This is all very strange. Not the typical MO of someone who goes out and spends almost $100,000 on a card, and a very esoteric card at that.

[RCMcKenzie]

Originally Posted by kateighty

LOL at whether she's the girlfriend or the auction model. I bet the guy drives a bright yellow Hummer.

I think she's the auction model. If she's the girlfriend, I would have signed up and tried to outbid him.

[Abravefan11]

Jason Leblanc and his girlfriend Melinda Yung.

[Leon]

There is a very good chance the card sold for what it did because of the publicity. (kudo's to SACO for that) If ya'll remember the Peck and Snyder that was on Jay Leno, from the nuns, brought about 75k in auction. The next time it sold it sold for approx. 30% less, if I recall correctly. At any rate congrats to Troy, Saco Auctions, the consignor.....and I guess the winner.

[ullmandds]

I agree the price was most likely enhanced by all the hoopla...the price doesn't surprise me as much as the buyer?!

[slidekellyslide]

I guess I don't understand the criticism here...a nearly unique card of a very important team sells for $92,000 which is chump change to the high rollers in this hobby and for the most part this is bringing ridicule in this thread.

[ullmandds]

no criticism here...cards like this are tough to gauge where they will sell...as evidenced by the contest! the guy who purchased it seems like a nice guy who is trying to do the right thing to help his family...I think that's great!!!! I just find it interesting that a relative non-collector would invest a large sum of money on a relatively obscure rarity...for investment purposes! That's all!!!!

[slidekellyslide]

Originally Posted by ullmandds

no criticism here...cards like this are tough to gauge where they will sell...as evidenced by the contest! the guy who purchased it seems like a nice guy who is trying to do the right thing to help his family...I think that's great!!!! I just find it interesting that a relative non-collector would invest a large sum of money on a relatively obscure rarity...for investment purposes! That's all!!!!

I tend to agree with our Canadian friend that this guy is a collector who is using his tax number to avoid taxes by spending 5 cents a month to list his cards on ebay at astronomical prices.

[autograf]

No criticism, but $92K for a nearly unique card is a chunk of change. Things go up, things go down. Who knows if this will go up to provide that medical coverage. Don't know.....risky proposition to bank things on in my book..........

[ctownboy]

I don't know what type of financial resources the buyer has BUT, if I had a sick child that needed a lot of hospitalizations I don't think I would be dropping over $90,000 dollars on a nearly one of a kind card in HOPES that it triples in value. No, I would take that $90,000 and put it in a mutual fund (or a Certificate of Deposit) and just sit back and watch it.

Those might not be sexy purchases or "investments" but they ARE liquid and somewhat safe. Need cash quick for a medical emergency? Sell the mutual fund or cash out the CD. Can't really do that with the card.....

Since this guy is a financial adviser, I wonder what his advice would be to a client who came in and proposed to do what he just did?

David

[Leon]

Originally Posted by ctownboy

I don't know what type of financial resources the buyer has BUT, if I had a sick child that needed a lot of hospitalizations I don't think I would be dropping over $90,000 dollars on a nearly one of a kind card in HOPES that it triples in value. No, I would take that $90,000 and put it in a mutual fund (or a Certificate of Deposit) and just sit back and watch it.

Those might not be sexy purchases or "investments" but they ARE liquid and somewhat safe. Need cash quick for a medical emergency? Sell the mutual fund or cash out the CD. Can't really do that with the card.....

Since this guy is a financial adviser, I wonder what his advice would be to a client who came in and proposed to do what he just did?

David

I too think he is a collector and might be using the "for sale" gig as a way to avoid taxes legally. Just an opinion and I most certainly could be wrong. But betting that much on an unknown, and my understanding is to pay medical bills? Sounds kind of crazy to me....but hey, I too am crazy so who's to say!!

[slidekellyslide]

Hey Peter, in my other life as a postcard collector I recently ran across this little gem in my collection. Send me your address in PM and I'll get it in the mail to you.

It is circa 1910 from Germany

[benchod]

Cool postcard
What city is that?

[Runscott]

Originally Posted by slidekellyslide

I guess I don't understand the criticism here...a nearly unique card of a very important team sells for $92,000 which is chump change to the high rollers in this hobby and for the most part this is bringing ridicule in this thread.

It just happened and it was a big deal. We've been anticipating this auction for a long time, and if you look at the estimates given by board members (some, at least, I think you would agree whose opinions we all respect), they are not generally up in the $80K + range. Given that, you might expect some eyebrow-raising, which might come across to you (and I'm sure Don and Jim) as criticism or ridicule.

I like the fact that we have a discussion forum like this to throw our thoughts out, even if they might not always be politically correct, well-written, publishable or even 'fair' to the 'victim'. I also like the fact that, even though you are a moderator, you are one of the more opinionated board members and don't feel the constraints that some forum moderators on the internet might feel. Keep it coming!

The tax thing makes sense - I hadn't thought of that. In addition, this guy is more of a collector than he let on. Perhaps he just has a huge wad of discretionary income and simply wanted this card - we've seen that happen plenty of times on this board (and we've sometimes ridiculed it )

[slidekellyslide]

It doesn't really bother me and I kind of thought the hounding this board did on that photo really helped it in the end...IMO Saco owes a few people over here a thank you. I just don't understand the ridicule of the buyer in this instance because it basically is a one of a kind item of one of the most important teams in the dawn of the game. The predictions were meaningless and always will be when it comes to rarity.