When collectors have too much money

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Posted By: Cy 

I know that most on the board deal primarily in pre-war cards. But I saw these four auctions and I am amazed.

Here are four cards for the Topps 1957 set, all PSA 10 and all deserving of this grade. Each one is spectacular. However, each card books for $8! You could go to a major card show, and get a spectacular card of any of these guys for under $20. You probably won't get as good as here, but it would save you $700-$800. I realize that one can buy what one wants, but these are incredible prices (in my opinion) for common commons.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2709754093&category=16271

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2709753483&category=16271

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2709752994&category=16271

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2709752312&category=16271

Just my thoughts,

Cy

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Posted By: Scott M

I only looked at the description of the first one - but he seller describes the card as having near perfect centering. If the card is a "10" how can it be near perfect in any regards????

Luckily I don't really care.

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Posted By: Elliot

I know this is a little bit off the topic, but here's another example of what happens when collectors have too much money.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=31718&item=2708031859&rd=1

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Posted By: Hankron

Perhaps I'm a Rube, but I've never understood the super duper premiums placed on 'Gem Mint' cards, whether it was a Michael Jordan Rookie or a 1950s Topps Common. This is in particular as even the best graders have a measurable margin of error in assigning grades. I ususally look at sales prices like this in this way: for the money someone just payed for a Topps common, he could have gotten a Hall of Famer Game Used bat or a decent T206 Ty Cobb. I may be in the minority on some boards, but I would rather than the bat or the T206 Cobb over a 1957 Topps Ray Jablonski.

On the other hand, it's the winner's money and he can do whatever he wants with it.

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Posted By: T206Monsta

that commands such a high price. LOL!!!!!!!!!!!!!!!!!

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Posted By: Brian Weisner

Hi Elliot,
Take a look at the other auctions by this seller. 1526.00 for a Psa 5 Speaker? I've got a Sgc 70 for a 1000.00 for any of the under bidders.

Hi David
I agree I'll take a Cobb bat off shoulder over most cards especially from the 50's, Magic 10 or not.

Be well all brian

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Posted By: Brian Weisner

Hi Cy
To answer your question, No we collectors can never have too much money. By the way send me an email and LMK if I should leave positive feedback for the auctions I bid on for you. Thanks brian

PS How much snow do you have? We have a couple of inches of Ice.

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Posted By: Albie O'Hanian

There is quite a battle on the PSA set registry for 1957 topps. The opportunity to collect some PSA 10's would certainly help the set rating. Interestingly on all four auctions there were at least 3 bidders willing to pay more than $745 for each of the cards and on the last auction there were 4 buyers. It was not like two bidders got carried away or let their ego get the best of them.

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Posted By: Tom Boblitt

same bidder..........

GAI graded 9 common 1957 card brings 110+ bucks
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=16271&item=2700313168

while the PSA's bring $600-$700........do I smell a shill?

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Posted By: Tom Boblitt

also buying TONS of wax packs from 1959 to 1968 at $100-$1000 so far too........guess those'll be broken open and entombed. Obviously has a strong amount of disposable income, huh?

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Posted By: petecld

Tom,

$110 for a 9 and $600-700 for a 10 - That is standard buying practice for PSA collectors. That's the price you pay for being a numbers collector and not a card collector.

Considering the difference in condition between the 9 and 10 grades it seems like such a waste of money.

Of course the same would be true for a SGC 96 vs SGC 100

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Posted By: Tom Boblitt

$500-$700 for low-pop 9's as well........About $8K worth of commons bought over last couple month. That's gonna be an expensive set. I have some SWEET 1957's I need to send to SGC to see where they land......

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Posted By: T206Monsta

It doesn't really matter. Value to him is obviously the price he pays. He's the kind of spender that keeps the economy going in rough times. He's obviously got cake and he's gonna eat it in everyone's face. To him, the cards must be worth it. More power to him. Maybe he sleeps with them and they bring him much joy. Move over poor people!

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Posted By: Brian C Daniels

"Set Registry"

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Posted By: TBob

an old fashioned pissing contest among these boys.
Did anyone lese see the PSA 5 Cy Young portrait (not the toughest of the 3 Youngs) zooming over $1000 and on it's wat to $1500 and beyond on day one? Amazing. Almost makes you want to throw your whole T206 set on ebay right now after getting it graded. Almost...

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Posted By: warshawlaw

DON'T DO IT MAN!!!
If you love the set, for heaven's sake don't set it free--it won't come back. I'm rooting for a renegger on the set I posted on temptation.

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Posted By: Jon

Why is this card going for so much anybody?

http://cgi.ebay.com/ws/ebayISAPI.dll?ViewItem&item=2711233490&indexURL=0&photoDisplayType=2#ebaylargephotohosting

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Posted By: T206Monsta

He's got cake and the others got crumbs.

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Posted By: jay behrens

Geez, you can get an e92 Nadja for around the same price in that condition, probably less.

Personally, I'd rather have the Nadja for that price.

Jay

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Posted By: petecld

He may have cake but isn't very smart with his dough. Pun intended.

Sorry, couldn't resist.

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Posted By: TBob

That's all I can think of

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Posted By: Marc S.

often bids enormous amounts of money for certain cards he wants -- I had thought in the past, though, that it was primarily focused on Chicago Cubs players. Guess I was wrong, though.