1865 Atlantics CDV

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1865 Atlantics CDV

Post by sabrjay on Thu Feb 07, 2013 4:49 pm

Anyone see this before the article? I'm guessing the winner turns it over to REA or another big house and makes a nice profit.

1865 Atlantics CDV

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Re: 1865 Atlantics CDV

Post by LucasRiley on Thu Feb 07, 2013 4:51 pm

I was curious to know if you all thought that went for above or below value. I'm guessing, given your comment, that it went lower than expected.
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Re: 1865 Atlantics CDV

Post by jbonie on Thu Feb 07, 2013 5:00 pm

I don't think he'll necessarily consign it back to an auction house, everyone in the hobby already knew about it, but he could stick it on ebay, especially now that it got a write-up in ESPN, the publicity could be good for the flip from someone outside the hobby.

People were thinking it's worth around 75k, but with that card, it could be an amazing investment... first baseball card ever and only two in existence!!!
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Re: 1865 Atlantics CDV

Post by cccc on Thu Feb 07, 2013 5:02 pm

is this the earliest card now? if it's similar to those red stocking cdv's (which it doesn't look like) then 92k isn't a bad price.
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Re: 1865 Atlantics CDV

Post by sabrjay on Thu Feb 07, 2013 5:23 pm

Considering the 1868 P&S went for $82k in the last REA I'm guessing that this would bring significantly more. While the auction of this CDV may have been known about in the hobby, there are a lot of whales that will touch an auction house without a major reputation. This is why REA, Heritage, etc commands such prices. They get bidders that smaller houses to get.

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Re: 1865 Atlantics CDV

Post by ullmandds on Thu Feb 07, 2013 5:36 pm

It's tough to guess valuations on cards like these? Especially if someone with a bunch of similar cards in his collection decides to sell all of them at once?! The market for these unique rarities is kinda thin?!

From the video I saw the buyer plans to hold onto it for a while in the hopes of doubling or tripling his $$$ down the road. Not sure how long this road will be!!!!
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Re: 1865 Atlantics CDV

Post by sabrjay on Thu Feb 07, 2013 5:48 pm

If he is looking to double or triple his money, then I'd say unload it now when there is lots of national hype around the card. REA would be perfect if the consignment deadline hasn't passed.

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Re: 1865 Atlantics CDV

Post by the-illini on Thu Feb 07, 2013 6:02 pm

I don't see this card selling for more than it did yesterday. Once the press dies down so will the interest in this card. I think the auction house that sold it yesterday got the most out of it really.
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Re: 1865 Atlantics CDV

Post by ullmandds on Thu Feb 07, 2013 6:45 pm

I disagree about selling the card right away?! After all of the national attention...who hasn't seen this card...and that it just sold for $90k? Who in their right mind would spend double or triple...when it just sold for 90K.

I agree w/Chris on this one...I see this as a 50K card or so.
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Re: 1865 Atlantics CDV

Post by jbonie on Thu Feb 07, 2013 7:37 pm

sabrjay wrote:If he is looking to double or triple his money, then I'd say unload it now when there is lots of national hype around the card. REA would be perfect if the consignment deadline hasn't passed.

Nah, for a card with national media attention, you gotta stick it on ebay directly afterwards. That's what the guy who bought the Strasburg card did, and he made off like a bandit. REA isn't till two-three months from now, that is an eternity when you are dealing with a card driven by news media hype.

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Re: 1865 Atlantics CDV

Post by terjung on Thu Feb 07, 2013 8:42 pm

the-illini wrote:I don't see this card selling for more than it did yesterday. Once the press dies down so will the interest in this card. I think the auction house that sold it yesterday got the most out of it really.

Agree
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Re: 1865 Atlantics CDV

Post by seablaster on Thu Feb 07, 2013 8:51 pm

jbonie wrote:Nah, for a card with national media attention, you gotta stick it on ebay directly afterwards. That's what the guy who bought the Strasburg card did, and he made off like a bandit. REA isn't till two-three months from now, that is an eternity when you are dealing with a card driven by news media hype.

Stick it on eBay with what kind of buy-it-now/best offer price?

There was a great discussion across the street on this card which was very informative for collectors who don't specialize in this era. The difference between this card and the Strasburg card are the number of people interested in it. I think the Strasburg had much wider collector appeal even though it doesn't have nearly the historical importance of the Brooklyn CDV. They had an article on this card on the front page of espn.com! There are cards selling in excess of this amount on a frequent basis every year so the price shouldn't be the real interest in the piece.

The fact that buyer is a financial advisor and is investing in this card to defray costs of his son's medical expenses is unreal. What would most financial advisors say if you walked in to their offices and presented this kind of scenario? I think he is going to be waiting a looooooong time to triple his investment.
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Re: 1865 Atlantics CDV

Post by the-illini on Thu Feb 07, 2013 9:08 pm

I hope he really isn't using this card as a way to pay for his son's medical expenses because it will never sell for what he paid, IMO. An 1865 Atlantics CDV is an amazing piece of history, but can anyone even name someone who was on that team without looking it up?

Just not enough broad appeal to increase value over time, despite its rarity and historical significance.
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Re: 1865 Atlantics CDV

Post by seablaster on Thu Feb 07, 2013 9:18 pm

the-illini wrote:I hope he really isn't using this card as a way to pay for his son's medical expenses because it will never sell for what he paid, IMO. An 1865 Atlantics CDV is an amazing piece of history, but can anyone even name someone who was on that team without looking it up?

Just not enough broad appeal to increase value over time, despite its rarity and historical significance.

I wouldn't think so either. Here is the article:

Brooklyn CDV
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Re: 1865 Atlantics CDV

Post by the-illini on Thu Feb 07, 2013 9:48 pm

If he wanted to spend 75-90k on a card as an investment, there is a PSA 5 T206 Plank on Ebay right now that would be far more likely to increase in value than this one.
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Re: 1865 Atlantics CDV

Post by cccc on Thu Feb 07, 2013 11:06 pm

the-illini wrote:If he wanted to spend 75-90k on a card as an investment, there is a PSA 5 T206 Plank on Ebay right now that would be far more likely to increase in value than this one.

yes, 100% safer no risk. that 92k will likely never see any yield. i would buy the plank 10x out of 10 over this card...or if i wanted to gamble buy 2000 bryce harper/mike trout/strasburg refractors right now and sell just as april approaches.
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Re: 1865 Atlantics CDV

Post by sabrjay on Sat Feb 09, 2013 2:28 am

Looks like he is going to be listing it on eBay

article

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Re: 1865 Atlantics CDV

Post by m-mac on Sat Feb 09, 2013 3:24 am

All very strange. While I get the importance of the "card," the back story and the present story make me pause. I can't see the HOF accepting this "card" for display. But, what do I know? Nothing!

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Re: 1865 Atlantics CDV

Post by r337man on Sun Feb 24, 2013 7:52 pm

This card was offered to another reputable auction house and they refused selling it as they were not sure it was legit. I talked to the person that handled it and just said he wasn't comfortable with it. Interesting.
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Re: 1865 Atlantics CDV

Post by seablaster on Sun Apr 14, 2013 2:05 pm

I'm really not sure what to make of all this:

Brooklyn CDV

I thought this gentleman's original intent was to defray the cost of his son's medical expenses, but he mentions starting a charitable organization in the auction description. If his intention is an honorable one, I wish him luck.

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Re: 1865 Atlantics CDV

Post by jbonie on Sun Apr 14, 2013 2:57 pm

I definitely feel for this man's situation, but writing everything in caps lock really is an annoying habit. He also parts with this semi-honorable blessing:

"GODPEED & THANKS FOR READING!"

I'm not sure what kind of septic system they've got up in heaven, but getting someone to pay 250k for that card truly is a Hail Mary.
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Re: 1865 Atlantics CDV

Post by terjung on Sun Apr 14, 2013 7:16 pm

jbonie wrote:
"GODPEED & THANKS FOR READING!"


Now, that's funny!
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Re: 1865 Atlantics CDV

Post by BigGuy219 on Sun Apr 14, 2013 7:39 pm

terjung wrote:
jbonie wrote:
"GODPEED & THANKS FOR READING!"


Now, that's funny!

Well, it is raining in Jacksonville...
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