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Old 09-17-2007, 07:18 AM
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Default Irrational Exuberance Low Number High Grade 1933 Goudeys

Posted By: bruce Dorskind

Irrational Exuberance Low Number High Grade 1933 Goudeys


Whilst the headline from last night's Memory Lane Auction will no doubt be
about the $275,000 paid for the PSA 10 Gehrig, the result that intrigued us
most was the vast difference in prices realized for two low number PSA 8 1933 Goudeys
and the fact that a number of other Goudeys with a similar population
realized only 10% of the price of their lower number cousins

#26 Chalmer Cissell PSA 8 NM-MT $7455 (pop 8 none higher)
#36 Tommy Thevenow PSA 8 NM-MT $8198 (pop 9 none higher)
#203 Lonnie Warneke PSA 8 NM-MT $670.00 (pop 12 one higher)

Only one example of the Thevenow has been auctioned in the past two
years. It realized a 21% higher price in the Spring 2005 REA auction.
We , by the way, were the winners of the Warneke example.

We would appreciate your views on why there is a such a significant
price differential for cards whose populations are quite similar?


Bruce Dorskind
America’s Toughest Want List

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