1925 Gehrig Exhibit Card.

[Frank A]

Anyone know what the Gehrig rookie in Golden auctions brought last night? It was well over $200,000 when I went to bed last night.

[Schlesinj]

$801,960

[Frank A]

Oh my god.

[ullmandds]

if that happened...i'm afraid to ask what the psa 10 jordans sold for?

[Schlesinj]

The PSA Mantle 8 Mantle over $1,605,150.

Two Jordans $738k each.

[mrreality68]

And the Rookie Ruth blank back 1.5 sold for $242k

[Republicaninmass]

Time to go back on home shopping network, the top is in !

[T_Hamilton]

how can you see auction prices for items that ended last night.

[Schlesinj]

Many Twitter posts between Goldin, Rovel and PSA. I was following along and was a bidder on another item the 1934 Pittsburgh Crawford Team photo by James VanDerZee.

[Snapolit1]

I was bidding on the VanDerZee as well. Is a really special photo but poor condition and I wasn’t interested in paying 10k for it. These certainly don’t come along very often.

Just finished the great recent bio on Oscar Charleston. If you haven’t read it grab one on Amazon. Really great important book.

Originally Posted by Schlesinj

Many Twitter posts between Goldin, Rovel and PSA. I was following along and was a bidder on another item the 1934 Pittsburgh Crawford Team photo by James VanDerZee.

[Peter_Spaeth]

Originally Posted by Schlesinj

The PSA Mantle 8 Mantle over $1,605,150.

Two Jordans $738k each.

Just a couple of weeks ago, a Jordan sold for 222. I... don't... get.....it. My spider sense says 2016 is happening again. Cards that aren't hard to find going 3.5x in a couple of weeks?

[rats60]

Originally Posted by Peter_Spaeth

Just a couple of weeks ago, a Jordan sold for 221. I... don't... get.....it.

One sold a day before for 350 on eBay.

[Peter_Spaeth]

Originally Posted by rats60

One sold a day before for 350 on eBay.

As the Dinah Washington song goes, what a difference a day makes, I guess.

[insidethewrapper]

In the last published Standard Catalog of Vintage Cards the 1925 Exhibit Gehrig was listed at $12,000 in Near Mint Condition.

[Snapolit1]

Originally Posted by insidethewrapper

In the last published Standard Catalog of Vintage Cards the 1925 Exhibit Gehrig was listed at $12,000 in Near Mint Condition.

Well, that's says a lot about the value of the Standard catalog. I bought one 3 years ago for multiples of that.

[pokerplyr80]

Well at 700k I think a lot of people who bought psa 10 Jordans for 20-25k will be selling. We should find out soon if there is really enough demand to sustain these prices. Same with 9s at 60k that were readily available for 5 not too long ago.

Any time prices increase this much this fast it feels like a bubble waiting to burst. But it would only take a small number of hedge fund types, billionaires, etc jumping in to shift the market. Especially if they decide to start buying prewar cards.

[mrreality68]

Originally Posted by T_Hamilton

how can you see auction prices for items that ended last night.

If you had bid on or had been watching those items it would show you the current bid(without buyers premium) under “my account”

[Peter_Spaeth]

Originally Posted by pokerplyr80

Well at 700k I think a lot of people who bought psa 10 Jordans for 20-25k will be selling. We should find out soon if there is really enough demand to sustain these prices. Same with 9s at 60k that were readily available for 5 not too long ago.

Any time prices increase this much this fast it feels like a bubble waiting to burst. But it would only take a small number of hedge fund types, billionaires, etc jumping in to shift the market. Especially if they decide to start buying prewar cards.

It feels like manipulation to me -- create FOMO out there, then dump some of your holdings at major profit -- but who knows.

[investinrookies]

Originally Posted by pokerplyr80

Well at 700k I think a lot of people who bought psa 10 Jordans for 20-25k will be selling. We should find out soon if there is really enough demand to sustain these prices. Same with 9s at 60k that were readily available for 5 not too long ago.

Any time prices increase this much this fast it feels like a bubble waiting to burst. But it would only take a small number of hedge fund types, billionaires, etc jumping in to shift the market. Especially if they decide to start buying prewar cards.

I can think of several prewar cards right now that seem like screaming values compared to some modern day stuff. Ruths, Cobbs, gehrig and some of the key T206 cards.

[swarmee]

And how many of those 1986 Fleer Jordans are trimmed, recolored, overgraded, or just plain counterfeit?
One of the main "blow-outed" trimmers, Robert Block, was known to have owned like 3% of all graded PSA/BGS Jordans. But taking those cert numbers out of circulation would just make the other ones sell for even more, I guess. It's a weird, weird, weird, weird world.

But right now, it's a dick measuring contest from people who got rich with bitcoin and gamestop, I guess.

[MattyC]

Originally Posted by Peter_Spaeth

It feels like manipulation to me -- create FOMO out there, then dump some of your holdings at major profit -- but who knows.

Agreed. I don't buy for a second that there's been some sudden, literally overnight influx of uber-wealthy buyers who only now discovered a passion for sportscards of all sorts (Jordan, Mantle, Ruth, Gehrig, etc., etc.). A passion so intense that it leads them to spend sums of the riches they were so savvy enough in life to obtain— sums that break wholly with all past data and pricing history.

[swarmee]

Originally Posted by MattyC

Agreed. I don't buy for a second that there's been some sudden, literally overnight influx of uber-wealthy buyers who only now discovered a passion for sportscards of all sorts (Jordan, Mantle, Ruth, Gehrig, etc., etc.). A passion so intense that it leads them to spend sums of the riches they were so savvy enough in life to obtain— sums that break wholly with all past data and pricing history.

As with what's going on with GameStop, the current values are becoming "untethered from the underlying fundamentals," IMO. All the cook groups manipulating prices over the summer seem to just be the start of this. The government keeps printing free money, and people keep sticking into riskier and riskier investments since the regular investments aren't paying out.
And since groups of people are controlling the small investment schemes and driving them "to the moon" by HODLing, then cash out and have more and more funds to spread to other investments to repeat the cycle.

[Republicaninmass]

Many of these cards I feel will be listed again and again for higher and higher prices, and eventually through auctions houses with hidden reserves until the "madoff shareholders" are left with a loss.

[Exhibitman]

Originally Posted by swarmee

As with what's going on with GameStop, the current values are becoming "untethered from the underlying fundamentals," IMO. All the cook groups manipulating prices over the summer seem to just be the start of this. The government keeps printing free money, and people keep sticking into riskier and riskier investments since the regular investments aren't paying out.
And since groups of people are controlling the small investment schemes and driving them "to the moon" by HODLing, then cash out and have more and more funds to spread to other investments to repeat the cycle.

I am not familiar with that term, what does it mean?

I'm not sure there are fundamentals with baseball cards...

If this continues for a few more auction cycles I am going to sell my collection and pay off my house. If not, f***it, I will just enjoy my cards and pay the mortgage.

[swarmee]

In the early days of bitcoin, some of the bros who got in early were of the same opinion as the reddit GameStop guys are now. They would tell each other to HOLD and never sell, in order to keep supply low and the value of the coin continuing to rise. Sometimes they would spell it wrong accidentally as HODL, but it stuck as a rallying cry.

Basically, if you and your friends can convince everyone else something has value, it does. Then when you go to cash out, you make cash hand over fist compared to your initial investment. If everyone else takes profits on the way up, the price doesn't climb nearly as high or get covered by the papers/media. If everyone holds and continues to drive demand, everyone gets rich together.

[Stampsfan]

I believe headlines cause folks to believe they too are holding million dollar cards. Here in Canada, where everyone collected hockey cards as a kid, the Gretzky cards are coming out of the basements. Friends, and friends of friends have contacted me about how to sell theirs.
I believe the market will get flooded with 80’s cards and people expecting to cash in. Coming to a card show near you will be an unlimited supply of VG-EX cards from the 80’s sitting on everyone’s tables, never to be moved.

[Exhibitman]

Originally Posted by Stampsfan

I believe headlines cause folks to believe they too are holding million dollar cards. Here in Canada, where everyone collected hockey cards as a kid, the Gretzky cards are coming out of the basements. Friends, and friends of friends have contacted me about how to sell theirs.
I believe the market will get flooded with 80’s cards and people expecting to cash in. Coming to a card show near you will be an unlimited supply of VG-EX cards from the 80’s sitting on everyone’s tables, never to be moved.

Don't think that will be an issue with the '25 Exhibits Gehrig. Tho there will be a steady flow of counterfeits offered on eBay.

[Snapolit1]

Originally Posted by Exhibitman

Don't think that will be an issue with the '25 Exhibits Gehrig. Tho there will be a steady flow of counterfeits offered on eBay.

Last time I looked there were like 35 of these on SGC and PSA combined, and assuming some crossed over over the years the total out there may be closer to 25. Pretty amazing piece.

[Peter_Spaeth]

Originally Posted by Snapolit1

Last time I looked there were like 35 of these on SGC and PSA combined, and assuming some crossed over over the years the total out there may be closer to 25. Pretty amazing piece.

I just hope this sale pulls up my lowly 27 lol. Put passing on the 25 back in the day at or near the top of the regret list.

[tkd]

So Gehrig rookie sells for more than any Ruth card has sold publicly? Maybe I'm wrong but I don't recall a Ruth card selling publicly over 800k. Looks like Gehrig gets the sweet spot for a bit.

[Touch'EmAll]

Yeah, was wondering about other late 20's Gehrig Exhibits. Your '27 should see a nice bump. And I think there are couple 1926-29 versions - probably go up as well. Not many of the Exhibits out for sale so hard to get a grasp on today's value. REA had several go off last year or so. But are even those prices accurate in todays market?

[riggs336]

Originally Posted by 100backstroke

Yeah, was wondering about other late 20's Gehrig Exhibits. Your '27 should see a nice bump. And I think there are couple 1926-29 versions - probably go up as well. Not many of the Exhibits out for sale so hard to get a grasp on today's value. REA had several go off last year or so. But are even those prices accurate in todays market?

Two weeks ago I paid $1000 for a low-end 1928 Gehrig exhibit (PSA Auth.). I needed it to complete the set so I probably overpaid. But FOMO, you know. Plus how bad can I get hurt on a 1928 Gehrig? Rhetorical question, please don't tell me.😁

[Exhibitman]

My SWAG is that the prices on the other 1920s Exhibits of Gehrig just doubled and that the Ruths will have to go up as well to keep pace. It is a fun time to own some of them...

[Rhotchkiss]

The same exact card sold in Heritage in 2017 for $102k. That’s 8x appreciation in 3-4 years. That makes a ton of sense to me, considering PSA Jordan 10s have had a similar appreciation in the last 3-4 months; and there are likely (many) more PSA 10 Jordan’s than graded PSA and SGC Gehrigs.

It’s good to see the rare, blue chip classics get their due in this crazy ass, post Covid industry/hobby

[Exhibitman]

One that I haven't seen for sale in a while is a Foxx RC (from the PC-back set). They were doing quite well before. A PSA 3 went for $2880 in August.

ETA: someone has an SGC 3 on the BST now. Not mine.

[Exhibitman]

Originally Posted by riggs336

Two weeks ago I paid $1000 for a low-end 1928 Gehrig exhibit (PSA Auth.). I needed it to complete the set so I probably overpaid. But FOMO, you know. Plus how bad can I get hurt on a 1928 Gehrig? Rhetorical question, please don't tell me.😁

Hell, Otis, yours can't be worse than my 21 and 25 Ruth cards.

[spec]

What about the W590 Gehrig? That's 1925, too.

[MVSNYC]

Originally Posted by Rhotchkiss

It’s good to see the rare, blue chip classics get their due in this crazy ass, post Covid industry/hobby

It ain't over yet, Ryan.

[Peter_Spaeth]

Originally Posted by spec

What about the W590 Gehrig? That's 1925, too.

I thought those were issued over a period of years and you couldn't tell which? Like through 1931 maybe? Is that wrong?

[Exhibitman]

Originally Posted by Peter_Spaeth

I thought those were issued over a period of years and you couldn't tell which? Like through 1931 maybe? Is that wrong?

That is correct and as I recall the 1925 sheets do not have Gehrig on them.

[spec]

Originally Posted by Exhibitman

That is correct and as I recall the 1925 sheets do not have Gehrig on them.

Just read through the 2014-16 thread discussing the issue date of W590. It seems to conclude that the set was first issued in 1925 (the only year Rabbit Maranville was a Cub), then revised about 1928-29 and again about 1931. There is an image of an uncut strip that features Gehrig along with Ross Youngs
(listed as Right Fielder, thus predating the c. 1928 update that has him as Former Right Fielder), suggesting he was part of the original 1925 issue. If so, most W590 Gehrigs we see today would be from the 1925 set (which might have been sold through 1928, of course) since the revised W590s range from scarce (1928-29) to rare (1931). There is much discussion of font changes on the 1928-29 and 1931 issues, but this does not necessarily apply to the cards that were not revised.

[Snapolit1]

Originally Posted by Exhibitman

That is correct and as I recall the 1925 sheets do not have Gehrig on them.

I recall that thread was very informative.

[riggs336]

Originally Posted by Exhibitman

Hell, Otis, yours can't be worse than my 21 and 25 Ruth cards.

Once again you are correct, sir.

[glchen]

Here's Gehrig's 3rd 1925 "rookie card" after the Exhibits and the w590. The 1925 Universal Toy Yankees team card.

[Snapolit1]

Originally Posted by glchen

Here's Gehrig's 3rd 1925 "rookie card" after the Exhibits and the w590. The 1925 Universal Toy Yankees team card.

That's super cool. I've never seen an uncut card of those. Wow. Nice. Let me know when you are selling.

[ValKehl]

Originally Posted by glchen

Here's Gehrig's 3rd 1925 "rookie card" after the Exhibits and the w590. The 1925 Universal Toy Yankees team card.

Great item, Gary, and super scarce. If anyone has the Washington Senators team card from this set, I'm your buyer - just name your price!

[Exhibitman]

OK now I am confused: is Gehrig on the sheet as a single or only as part of the team card?

[ValKehl]

Adam, Gehrig is only on the team card: https://oldcardboard.com/w/w504/w504gal.asp

[Dardevl]

Gehrig is in the front row, third from the left.

[BeanTown]

And if anyone missed the rookie Gehrig explosion, there are still other options. Here is a Collyers Newspaper which used the rookie exhibit image. Took picture years ago when I bought it, and I hate taking fragile items out of the holder.