Posted on 01/14/2021 8:56:55 AM PST by oh8eleven
A 1952 Mantle baseball card became the highest-priced sports card ever, selling for $5.2 million, PWCC Marketplace announced Thursday.
The Topps card, rated PSA 9 based on the grading system for cards, blew by the previous record of $3.94 million, set in August for a signed Mike Trout 2009 rookie card – of which just one was created.
As for the Mantle card, there may be as few as three left in good condition.
(Excerpt) Read more at nypost.com ...
And don’t forget parents who threw away their baseball card collections.
Mantle sure makes more sense than Mike Trout.
Yup and this too,
My bro had one or more of these and no telling what others? After we all went in the Mil (late 60’s) and the folks sold the old homestead(we were all service dear ole maw cleaned out the cellar and tossed all the BB cards in the trash.
Mick said he threw away two boxes, about 400 one day.
What’s the appeal of an old baseball card other than selling it to the next guy?
This is the exception. For the most part the sports memorabilia market crashed around 2008 with the beginning of the Obama depression.
or comic books and antiques and much more, you need xtra folding cash to participate and most cant
Amen!
If only one card was created it makes great sense.
In a sense, it is a form of money, something like bitcoin, I guess. You buy it, partly because you want it, but at these prices, you are, “speculating”, that it will hold its value better than money or other assets over time.
I used to shove the stupid rookie cards in my spokes, like Nolan Ryan, Pete Rose...stupid Rookie cards...
What a waste of money. But then, it’s their money.
If I only knew then.....
“And millions of baby-boomers are hearing baseball cards in their bicycle spokes thinking - oh crap.”
Same thing crossed my mind. Back in the 50’s in NYC and in my pre-teens, we used to ‘Flip’ or ‘Scale’ cards against a wall. Those of you from the Bronx probably know what I mean. I had literally thousands of cards I won. Mom gave them away when I got married.
Sites like eBay taking off didn’t help any either......particularly as people realized “rare” cards weren’t all that “rare” when so many people were selling them.
Answer: People who have money to waste love to brag by wasting it where others can see. It’s an ego-centric thing......kinda like framing every certificate or award or photo-op you ever got and filling your home walls with them for everyone to see how great you are.
We would play games of chance like topsies. You and one or more others flig cards against a wall. As soon as one card landed on top of another, that thrower won the pot.
The card will be worth half that in a year.
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