$12million baseball card

[MinnesotaFats]

Mickey Mantle card breaks record, as sports memorabilia soar

A mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday as the most expensive ever paid for a piece of sports memorabilia.

apnews.com

 

[Wagerallsports]

Saw that

I've been a collector of sports cards but that price is absurd for a lil piece of cardboard

 

[MinnesotaFats]

Saw that

I've been a collector of sports cards but that price is absurd for a lil piece of cardboard

Exactly

That generation is dying off too, not sure who would re buy that card in 15 years for $15m

 

[BobbyFK]

The biggest thing is keeping them in mint condition. The slightest little imperfection can make the card virtually worthless

 

[MinnesotaFats]

The biggest thing is keeping them in mint condition. The slightest little imperfection can make the card virtually worthless

That card is 70 years old, I doubt 'mint' is even an option.

Today's cards you're probably better just leaving in the pack I'd think...find a way to xray it and see what's inside...

 

[Enikk]

Damn, paid 50k for it in 1991. Think they said he was 75 so probably a childhood hero and collected as a kid and ruined them like every other kid than rebuy as an adult. Nice investment

 

[BobbyFK]

That card is 70 years old, I doubt 'mint' is even an option.

Today's cards you're probably better just leaving in the pack I'd think...find a way to xray it and see what's inside...

Depending on the ink and materials used, leaving it in the pack they may fade after a while

 

[lemartinsports]

12 million is absurd for a baseball card. i wonder the percentage of people that still actually collect them

 

[Tanko]

For those of you who collect baseball cards and memorabilia did the value of this type of stuff fall off when baseball had a falling out with fans in the mid-90s, after the strike?

I ask because this guy buys the card for $0.5M in 1991 and now sells it for $12M. I wonder if its value dropped off after the mid-90s before climbing again. Does this market ebb-and-flow with the MLB popularity? It might impact the timing of selling stuff like this.

 

[MinnesotaFats]

12 million is absurd for a baseball card. i wonder the percentage of people that still actually collect them

It's not about 'collecting' at these numbers, it's an investment or store of value.

 

[MinnesotaFats]

For those of you who collect baseball cards and memorabilia did the value of this type of stuff fall off when baseball had a falling out with fans in the mid-90s, after the strike?

I ask because this guy buys the card for $0.5M in 1991 and now sells it for $12M. I wonder if its value dropped off after the mid-90s before climbing again. Does this market ebb-and-flow with the MLB popularity? It might impact the timing of selling stuff like this.

Well, the card he bought has several positive attributes:

Limited # were made
NY centric
Mantle
Nostalgic
Demand seems relatively high

I think what killed baseball cards was the sheer # that they printed...just too many.

Did baseball have a falling out, yes it did, but the fans came back.

What killed baseball was that McGwire & Sosa & Bonds broke the records.

Watching them chase the records was must see TV, once they broke the records, the baseball legends were no longer immortal. Learning that they cheated their bodies to do it, created apathy.

Men work all week to take their kids to the ballpark. Thru the pre strike era there was still a very good chance that a MLB player lived in your neighborhood or shopped at your grocery store or drank at your bar. There was a connection w the common man.

It's gone today. Every player is a millionaire. 75% come from a different country, theybdont speak English, they look like thugs, tatted from head to toe wearing bling and acting like dipshits. The fans get taxed by politicians to build cathedrals for these guys to play in and spend a week's worth of pay to park & give the family 3 hours of entertainment, but compared to going out in the 80s when you'd see Ozzie Smith do a back flip, the announcers over emphasize Kirbbbbbbby Pucket, watch a home town country boy like Hrbek/ Gibson/ Mattingly or root for a comback from Tommy John or a Neikro brother....when Gussie would parade his Clydesdales around his ballpark or old man Ruppert would discount beers or Steinbrenner would fire Martin mid game....there's none of that. There's hardly even a ground ball anymore lol.

It's not entertainment it's not intriguing its not relevant or relatable.