Why do people...

pay a premium for a low grade example of a #1 card in a set? I understand paying a premium for high grade examples because they are generally hard to find, but there is nothing difficult about locating a low grade example. Worst offender is the Bengough card in 1933 Goudey set. Almost every large group of Goudeys I've ever seen had a Bengough, but never a really nice one. Another one is the Lefty Grove crad in the Diamond Star set. The card is super common, yet beat crap examples pull stupid prices.

I can't believe collectors are that stupid to pay a preium for a common card in low grades.

Jay

I'm thinking, since most available #1's are beaten, then there are just as many that were so unacceptable way back, that they were simply tossed out or perceived to be by newer prewar collectors.

These cards weren't thrown away because of poor condition. After you've handled enough Goudeys, 1952 Topps, etc you realized that these #1 cards are rare. They are just as common as all the other cards in their series.

Jay

Jay,

I think many beginners see the large prices in the guides for these cards, Bengough especially, and don't realize that it is a condition sensitive price. They just see a huge number next to the name and think the card is worth a lot regardless. A lot of people are in it for money and just don't take the time to learn the hobby before jumping into the more advanced parts.

jmho

AndyH