otteropp
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posted on June 25, 2010 07:07:12 PM new
Just have a look at this Baseball card!
200485213281
Started as a free 99cent listing which has a max. cap for FVF! Seller was one smart cookie!
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merrie
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posted on June 26, 2010 06:35:11 AM new
Hmmm, seller has no feedback since 9/09!!
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shagmidmod
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posted on June 26, 2010 06:42:41 AM new
That card is not worth even close to that. What a sucker if they pay for it.
this is exactly why I got out of the sports card business. these crazy short printings, special cards, jersey cards, etc. They are a gimmick and as soon as the next set of cards comes out, their popularity drops like a baseball rolling off a table.
This kid is a rookie and so far a phenomenal pitcher... but I can think of many others that were too. Mark "The Bird" Fidrych was one of them. I hope this kid has a successful career, but this is plain stupid.
There is no reason for a 2010 baseball card to be worth more than a very, very nice house let alone a 1952 Mickey Mantle rookie or any other Hall of Famer that proved their worth over many years in the MLB.
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otteropp
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posted on June 26, 2010 08:38:13 AM new
OK.....so I just thought it was interesting.
Maybe not...
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cherishedclutter
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posted on June 26, 2010 11:59:41 AM new
Otteropp, just because Shag has a bee up his bonnet  doesn't mean it's not interesting. Shag's probably right about the bidders being suckers, but it's great for the seller.
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davidsmom
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posted on June 26, 2010 03:37:06 PM new
Worth it or not, I wish I had one to sell!
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shagmidmod
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posted on June 26, 2010 04:56:48 PM new
it's not that i don't think this is great for the seller. i wouldn't argue if someone paid me that kind of money for it. i would be ecstatic!
there have been many, MANY times that I have sold something and my jaw hit the floor when the final price came in.
In 2003 I bought some sports collectibles for Joey Harrington, QB for Oregon. Between October and December I sold over $10,000 of his stuff. I had bidding wars of $200-300 for something I bought for $10 each. He was a major bust. Every so often, I see the very same items I sold for $200-300 each now in thrift stores for $2-3.
I have bought hundreds of thousands of sports cards in my life. There are very few cards I would consider worth that much money. A 1909 Honus Wagner T-206 comes to mind. Beyond that, it would have to be something quite extraordinary, which this is not.
I just can't believe people get so weird about a 2010 baseball card to the point that they buy it for such outrageous amounts of money. It is a gimmick created by a company and obviously people are falling for it. In my opinion, it is absurd.
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kozersky
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posted on June 26, 2010 05:04:55 PM new
The question should be - who has $501 thousand dollars to spend on an 2010 Basball Card listed on eBay?
The bids look great, lucky seller, unfortunately, the card has to be paid for -
Bill K-
William J Kozersky Stamp Co.
[ edited by kozersky on Jun 26, 2010 05:06 PM ]
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shagmidmod
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posted on June 26, 2010 06:34:47 PM new
General collectibles don't have the volatility that sports collectibles do.
With sports collectibles, particularly the modern age, values are heavily determined by a player, and to a lessor degree a teams performance. People don't jump on the bandwagon when a player doesn't perform. To a lessor degree, a team's performance also makes a difference.
Would people have cared as much if Michael Jordan didn't win 6 championships with the Bulls? Outside of Chicago, many people wouldn't care.
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merrie
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posted on June 26, 2010 07:16:31 PM new
Here is another one
150458901752
I can't imagine spending that kind of money on a new player, no matter how bright his future looks.
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shagmidmod
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posted on June 26, 2010 07:57:55 PM new
The auction you just referred to states the following:
- This card is currently being graded by Beckett Grading Services, pictures available upon request.
- Beckett magazine has done an exclusive interview on this card, and is planning to have an article in the upcoming July 2010 magazine. Beckett has also done a follow-up article.
Guess what company issues the price guide to determine value of cards??? If you guessed Beckett, then pat yourself on the back. This is another frustration I have with this industry. The company who determines the "price" guide is also the company that will grade your cards, in essence, determining the quality of your card which in turn determines the value of your card.
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ladyjewels2000
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posted on June 27, 2010 04:25:21 AM new
There are so many of these cards listed on ebay right now. How can they be worth that much??
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hwahwa
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posted on June 27, 2010 05:29:49 AM new
SEE THE BID RETRACTIONS AND THE PROXY AMOUNT
*
There is no 'Global savings glut',only wild horses and loose bankers.
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shagmidmod
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posted on June 27, 2010 12:15:36 PM new
Great question and something I can answer.
These companies like Bowman, which is owned by Topps (last I checked) will create a set of cards. Within that set will be sub sets.
Main sets are mass produced. These production runs are usually 100,000 up to several million of each card.
There can be several subsets that will be the exact same image except the company changes the color of the border or makes the cards with a metallic finish or with sparkles or add an autograph or a small 1 inch square of the players jersey to the card. They print these cards in shorter quantities than the main set. Some of these subsets will have production runs of 1 to 1000 of each card/player. The lower the production run, the more the card is "rare" and becomes sought after.
These companies are creating scarcity within the collecting world. It is like the golden ticket in Charlie and the Chocolate Factory.
The two examples given in this thread have a production run of 1 card. Yet, there are tens of thousands of that card in the main set... just this one has something special.
When the sports card companies started this back in the 1990's is when I left the business and never looked back. Before the 1980's there was only one major card company (Topps) and they produced one set of cards for each sport. In the mid 80's Fleer and Donruss joined in, and in 1989 Upper Deck brought their cards in. By the mid 90's each card company was producing multiple sets for each sport. They started adding these subsets to increase demand by collectors looking for that "special" card worth 3-100 times the regular card.
As I said, this is all a corporate gimmick that the companies stumbled across because of misprints from previous years. Back in the late 80's Billy Ripkin (brother of Cal) had a card by Fleer. One of his teammates wrote an obscenity on the bottom of the bat and when he posed for the camera you could read the "f" word on it. Collectors went nuts and Fleer pulled them from production. They started cutting the cards, eventually they edited the photos and started producing cards without the word on it. Value was assessed by production runs. The lowest production was most valuable. This happened with misspelling of players names like Craig Nettles where they spelled it "Graig" and corrected them later.
In each of these instances, people went gangbusters for them and less than a year later they all fizzled because collectors were on to the newest season. It is brilliant from a business standpoint, but the collector is the one always getting burned.
[ edited by shagmidmod on Jun 27, 2010 12:30 PM ]
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merrie
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posted on June 27, 2010 05:04:52 PM new
What happened? Just went to this auction and it says it ended and there were no bids?? Says 99 cents.
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merrie
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posted on June 27, 2010 05:07:22 PM new
Just looked at bid history and it says seller ended item early and canceled all bids. What's up??
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karenmx
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posted on June 27, 2010 06:06:38 PM new
Perhaps the seller figured out that
School's out for summer!
School's out with fever!
School's out completely!
and that kids are clever enough to circumvent eBay's bidding age requirements AND to comply with his must-email-to-prove-serious-bidder status requirement and that no one is seriously going to bid a half-million dollars on that particular card.
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shagmidmod
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posted on June 27, 2010 07:08:48 PM new
or... someone offered him a million.
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shagmidmod
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posted on June 27, 2010 07:11:26 PM new
oh, i though he pulled it. i just emailed him and asked why he pulled the bids.
the thing is that i noticed many of the bidders had high feedback. at the time this was over 500K, the high bidder had several hundred positive feedbacks.
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shagmidmod
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posted on June 27, 2010 07:15:06 PM new
the other card is up to $24,000 and just got a grade of 9.5 on its condition. A 10 is perfect and extremely rare, so a 9.5 is exceptional for the card. This means it is perfectly centered, no damage or wear, pretty much a flawless rating. I would like to know if he asked Beckett why he didn't get a 10. I would want to know to be able to describe that.
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merrie
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posted on June 27, 2010 08:07:51 PM new
From what I read, he did pull it. Another thought could be he decided to sell it off Ebay and save the FVF.
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shagmidmod
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posted on June 27, 2010 08:55:01 PM new
i guess he did pull it. i did a regular search by title and found these two listings, both ended.
200485213281 & 200485213281
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shagmidmod
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posted on June 27, 2010 09:12:26 PM new
one thing i just noticed when reading his auction is that he had the line, "All SERIOUS offers will be considered."
It looks like he tried fixed price and then converted to an auction, then he ended it by removing all bids. He may have forgotten to remove that statement or perhaps he left it in purposely.
I'd guess he 1) pulled it and sold it to someone outside of eBay. 2) he pulled it to fix an error and will relist it. 3) he pulled it to have it graded before relisting it (like the other one currently on eBay) I guess time will tell.
I can't imagine wanting to keep some golden nugget like that. I'd have that sold in a heartbeat before the value drops like a stone. Seriously, I'd take the money and run.
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shagmidmod
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posted on August 22, 2010 02:58:04 PM new
Very interesting... I wonder what these people who paid several thousands of dollars for this kids baseball card are now thinking.
http://news.yahoo.com/s/ap/20100822/ap_on_sp_ba_ne/bbn_nationals_strasburg
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merrie
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posted on August 22, 2010 03:00:42 PM new
shag: I was thinking the same thing since I was watching th Nationals play the Phillies (yah!!) yesterday when he got hurt.
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shagmidmod
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posted on August 22, 2010 07:21:33 PM new
too much pressure for a kid this age. the money, the fame, the exposure, the expectations. i've seen it too many times. some make it and last, most fall into obscurity. I hope this is just a minor bump in the road for him and he succeeds.
[ edited by shagmidmod on Aug 22, 2010 10:14 PM ]
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