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  #1  
Old 02-17-2003, 12:02 PM
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Default Did I steal this?

Posted By: jay behrens 

I know this set is pretty rare, but just how a good a deal did I get, or this about the right price this card in the condition?

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2709652825&ssPageName=ADME:B:EOAB:US:6

Jay

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  #2  
Old 02-17-2003, 12:38 PM
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Default Did I steal this?

Posted By: jeff s

I'll bet that if that card was on display on a table at a card show, it'd be marked at double that. But on the other card, a few months ago I got a lot of three E103 dogs for $25 (total). In the last few years, I've frequently picked up low-grade E103s for $20 or less, though perhaps not quite as nice as this one.

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  #3  
Old 02-17-2003, 12:39 PM
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Default Did I steal this?

Posted By: jeff s

"other card" should be "other hand." Right. I guess since most of us have cards in our hands so often, it doesn't matter. MW and others can adopt the phrase "on the other slab." I will try "on the other piece of heavily damaged cardboard." Feel free to experiment.

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  #4  
Old 02-17-2003, 03:25 PM
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Default Did I steal this?

Posted By: Scott M

Well, I was only willing to pay $7 plus shipping for the card. But if it fills a hole in the set then its a good deal. The card is in fair or poor condition but it looks decent so I'd say it was a fair deal for both yourself and the seller.

Regards

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  #5  
Old 02-17-2003, 07:12 PM
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Default Did I steal this?

Posted By: jay behrens

$7 seems pretty unrealistic considering that e90-1s in that shape usually sell for around $7. No way an e103 should sell for the same price as those cards in simialr condition.

I have noticed that considering the rarity of the cards, they don't seem to command the same price as other caramenl cards in the same rarity range. Anyone have any theories on this?

Jay

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  #6  
Old 02-17-2003, 10:43 PM
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Default Did I steal this?

Posted By: jeff s

Jay-

Given that most of the other caramel sets seem to fit neatly into a family--E90-1,2,3, E92-98, E101, E102, E104-6--it could be that the design of the E103s (ad on front, blank back) have made them the odd set out in the minds of many collectors. E91 is odd-set-out in a way, too, and also trades at a discount relative to scarcity, though probably due to the less realistic images.

Given the way collectors seem to migrate, over time, to rarer and previously-ignored sets, I think it's likely that some folks will finish their E97 sets and come looking for a new challenge, and once a handful of people undertake that challenge, prices will start to reflect scarcity, the same way that the rarer standard-design caramel cards have differentiated themselves over the past few years.

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  #7  
Old 02-18-2003, 01:49 PM
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Default Did I steal this?

Posted By: Scott M


Let me preface this with the fact that it doesn't look like I'm getting a flight into NY for at least two days - so I've got nothing better to do with my time.
------------------
Was $7 unrealistic? Well for that auction on that day it was not the winning bid. But that doesn't make it an unrealistic bid.

Cards are only worth what someone is willing to pay for them They have intrinsic value only. Card prices of vintage cards have generally gone up since the early 80's but that doesn't mean that it will continue. Baseball's popularity is decreasing (and I assume a strong correlation between bb fans and the number of vintage collectors), and lets face it the majority of the best and largest collections of vintage cards are in the hands of older gentlemen. Unless their wives or sons/daughters decide to keep the collections the cards will hit the market at their time of death. Those two factors mean that over time the supply/demand curve will move in a different direction.

Stamps took off in the 70's, especially the earlier issues. Part of it was from collectors and part of it was spurred by investors (the stock market in the 70's was bad - sounds kind of familar). There were issues that you couldn't touch for less than a grand a stamp that within 5 years could be had for $50-150 a stamp. I remember UN stamps going from $750 for the inagural sheet to about $60 in the course of 3-4 years. Will cards do something similar? I don't think so, but investors will eventually get out and move to other areas just like they did in stamps. When they do prices will drop as supply has increased.

Now did I expect to win on a bid of $7 - probably not, but I bid what I was willing to pay for the card. A demand curve is made up of not just the people willing to pay market price (and above), but also of those who are shut out of the economic transaction due to the amount of demand at a higher price and the amount of supply available - in this auction there was only one available. What often gives weight to the perceived worth of a card is that for a given vintage card, there is usually NO card available to the collector. When the number of cards available becomes one then the collector thinks that this is his/her chance. The supply may be far greater, but for that particular time period the supply is greatly limited - thus Only time will tell if the same card can be had for $7 - the day of the auction it couldn't. Just because something is a "market" price doesn't make it my price. For a collector like myself there is always tomorrow and a greater chance of a transaction being completed at "my" price.

So I believe it was a realistic bid - its just that 4 or 5 other people placed themselves higher on the demand curve - coupled with the fact that the supply available was one - that left me without a card.

Regards

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  #8  
Old 02-18-2003, 02:10 PM
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Default Did I steal this?

Posted By: runscott

...and let us know when you win one for that price.

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  #9  
Old 02-18-2003, 06:40 PM
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Default Did I steal this?

Posted By: Brian C Daniels

I have one I can sell for $7.00!!!!

But it came from Bill Tuttle!

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  #10  
Old 02-18-2003, 08:16 PM
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Default Did I steal this?

Posted By: TBob

about those of us working on completing the E97 set ever finishing the frigging thing! It is almost as tough as the T207 set

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  #11  
Old 02-18-2003, 08:18 PM
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Default Did I steal this?

Posted By: jay behrens

I am selling most of my Indian collection and just focusing on the N36s. Need to free up money for my player set.

You know you want that A&G album and Kieth O'leary is prolly the only person that has a better one than mine

Jay

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