1865 Atlantics CDV
+7
terjung
the-illini
ullmandds
cccc
jbonie
LucasRiley
sabrjay
11 posters
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1865 Atlantics CDV
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
1865 Atlantics CDV
Re: 1865 Atlantics CDV
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.
LucasRiley- MVP
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Re: 1865 Atlantics CDV
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!!!
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!!!
jbonie- Custom
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Re: 1865 Atlantics CDV
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.
cccc- Hall of Famer
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Re: 1865 Atlantics CDV
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.
Re: 1865 Atlantics CDV
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 $$$ down the road. Not sure how long this road will be!!!!
From the video I saw the buyer plans to hold onto it for a while in the hopes of doubling or tripling his $$$ down the road. Not sure how long this road will be!!!!
ullmandds- East Coast
- Posts : 2093
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Re: 1865 Atlantics CDV
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.
Re: 1865 Atlantics CDV
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.
Re: 1865 Atlantics CDV
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.
I agree w/Chris on this one...I see this as a 50K card or so.
ullmandds- East Coast
- Posts : 2093
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Re: 1865 Atlantics CDV
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.
jbonie- Custom
- Posts : 1709
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Re: 1865 Atlantics CDV
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
terjung- Legend
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Re: 1865 Atlantics CDV
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.
seablaster- All Star
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Re: 1865 Atlantics CDV
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.
Just not enough broad appeal to increase value over time, despite its rarity and historical significance.
Re: 1865 Atlantics CDV
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
seablaster- All Star
- Posts : 127
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Re: 1865 Atlantics CDV
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.
Re: 1865 Atlantics CDV
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.
cccc- Hall of Famer
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Re: 1865 Atlantics CDV
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!
m-mac- All Star
- Posts : 148
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Re: 1865 Atlantics CDV
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.
r337man- MVP
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Re: 1865 Atlantics CDV
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.
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.
seablaster- All Star
- Posts : 127
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Re: 1865 Atlantics CDV
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.
"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.
jbonie- Custom
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Re: 1865 Atlantics CDV
jbonie wrote:
"GODPEED & THANKS FOR READING!"
Now, that's funny!
terjung- Legend
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Re: 1865 Atlantics CDV
terjung wrote:jbonie wrote:
"GODPEED & THANKS FOR READING!"
Now, that's funny!
Well, it is raining in Jacksonville...
BigGuy219- All-Time Greats Champion
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Similar topics
» Show us an interesting card that we may not have seen before
» The Brooklyn Atlantics; 1860's dynasty and early cards
» The Brooklyn Atlantics; 1860's dynasty and early cards
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