Some lunatic wants to pay $20,000+ for a Lin basketball card

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Author: [General Discussion] Topic: Some lunatic wants to pay $20,000+ for a Lin basketball card
scalabrine PM scalabrine
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Posted: 2/20/2012 10:45:18 PM
Let me be clear, I like Lin. Who doesn't?

But $20K+ For a piece of cardboard with an autograph and Warriors jersey swatch on it???



Card was worth less than $5 three weeks ago. If you bought it for several hundred and turned around and sold it to some sucker for $1K plus, that's a good investment.

Does a bidder really believe this will be an investment (what everyone once thought cards were, like stocks, in the 80's/90's) at $20,000+?

It's not my money. Let him spend it however he chooses but know this about the card collecting industry: today's rookies and rising stars are tomorrow's retiring veteran's only to be replaced by rising stars again. Lebron had his cards skyrocket as a rookie only to come back to earth when his stellar play became commonplace.

Again, if this is just for a private collection to be given to grandchildren, okay. But for $20,000???? When last week you could have found it under a snickers wrapper in a garbage bin...and the auction still has several days left. 

http://www.ebay.com/itm/Jeremy-Lin-2010-11-National-Treasures-Prime-Patch-Auto-Jersey-20-25-BGS-9-5-10-/190642046039?pt=US_Basketball&hash=item2c6326c457#ht_1914wt_1001
DickyR PM DickyR
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Posted: 2/20/2012 11:02:15 PM
Supply and demand. 
Iw1nBets PM Iw1nBets
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Posted: 2/20/2012 11:09:27 PM
ShootDaClubUp PM ShootDaClubUp
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Posted: 2/20/2012 11:41:25 PM

 

I_Need_A_Detox PM I_Need_A_Detox
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Posted: 2/20/2012 11:45:32 PM
iverson might throw a bid in.... 
steve1203 PM steve1203
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Posted: 2/20/2012 11:57:07 PM
There are still 3 days left in the auction, so it will probably close higher than $20,000.

God bless capitalism.
kickinA PM kickinA
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Posted: 2/21/2012 12:00:46 AM

 

SALTY PM SALTY
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Posted: 2/21/2012 12:19:29 AM
He has to be a sports capper from the sports betting forums here at covers to be throwing that kind of cheese around.

That is only 2 units for most here
PokinSmot PM PokinSmot
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Posted: 2/21/2012 12:27:23 AM

can't believe his worth more than my Jordan rc BGS 9
PokinSmot PM PokinSmot
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Posted: 2/21/2012 12:27:55 AM
QUOTE Originally Posted by PokinSmot:


can't believe he's worth more than my Jordan rc BGS 9
gmdewar PM gmdewar
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Posted: 2/21/2012 2:10:17 AM

OP is a moron.

Your over-generalization of it being just "a piece of cardboard" is so utterly stupid. Picasso's million dollar paintings are just paint and paper too, right?

To compare cards of today vs ones of the 80s/90s is another retarded statement.

Lebron's cards are worth shitloads and have held their value quite well.

Obviously not an investment card and is being bid on by very, very rich collectors who don't need to worry about what it costs.

You dont know wtf you're talking about so go back to fighting for race equality on degenerate gambling message boards.

ad1260 PM ad1260
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Posted: 2/21/2012 2:30:40 AM
my oh my
ad1260 PM ad1260
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Posted: 2/21/2012 2:31:04 AM
you said it best, a piece of freakin cardboard!!!
SwishSwish1234 PM SwishSwish1234
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Posted: 2/21/2012 10:39:25 AM
QUOTE Originally Posted by gmdewar:

OP is a moron.

Your over-generalization of it being just "a piece of cardboard" is so utterly stupid. Picasso's million dollar paintings are just paint and paper too, right?

To compare cards of today vs ones of the 80s/90s is another retarded statement.

Lebron's cards are worth shitloads and have held their value quite well.

Obviously not an investment card and is being bid on by very, very rich collectors who don't need to worry about what it costs.

You dont know wtf you're talking about so go back to fighting for race equality on degenerate gambling message boards.


Well said 
HutchEmAll PM HutchEmAll
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Posted: 2/21/2012 10:48:20 AM
Allen Iverson pissed away over $150M.  I bet the person who ends up winning the bid for that card isn't that stupid.  
scalabrine PM scalabrine
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Posted: 2/21/2012 8:27:32 PM
QUOTE Originally Posted by gmdewar:

OP is a moron.

Your over-generalization of it being just "a piece of cardboard" is so utterly stupid. Picasso's million dollar paintings are just paint and paper too, right?

To compare cards of today vs ones of the 80s/90s is another retarded statement.

Lebron's cards are worth shitloads and have held their value quite well.

Obviously not an investment card and is being bid on by very, very rich collectors who don't need to worry about what it costs.

You dont know wtf you're talking about so go back to fighting for race equality on degenerate gambling message boards.


A Picasso is not a piece of paper and some paint. It is a skill that needs to be honed over several decades, and the work itself may take days, months or even years.

All you need for a sports card is a piece of cardboard, a picture of the player, a laser printer, some gloss, a swatch of a jersey (that laughably, is typically 'game-worn' as thought their sweat makes it valuable), and an autograph. Where's the talent there?

The autograph is confounding. An autograph means something if you sought it out and got it from a player. A purchased one means much less to the person, or at least it should because there is no connection. Yet, ultimately, because the card company certified it, sells for much more.

Your claim about Lebron is false. The highest bidding for a Lebron/Jordan!! Jersey card is below $2,000 and then you can't find another Lebron card for more than a few hundred in bidding. This is the best player in the NBA without question too.

Lin, who has been in league for three weeks has a card selling for a ridiculous $20,000. He is real and his skills are evident but even if he averaged a ridiculous 24/10 the rest of the season, that doesn't even remotely justify the price of this card.

The Holy Grail of Topps Cards, the '52 Mantle, sells for under $20,000 in excellent condition. Lin is going to stack up next to Mickey Mantle in terms of card collecting? Please. It's been three weeks. Talk to me in 25 years for an argument.

And I don't believe anyone would pay $20K for this if they didn't think it was an investment. You can buy his game-used jersey and get his autograph (and probably a picture with him too), for less than 1/10th of this price.

It is lunacy to bid this card up to this price. Absolute lunacy...
clean456 PM clean456
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Posted: 2/21/2012 10:29:09 PM
Linsanity is sweeping the world if you didn't know There are bigger businesses out there in the black market making bigger profits off of him, i would pay 40K if they offered me an authentic Lin card ..like you said an investment.
ManassaMauler PM ManassaMauler
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Posted: 2/21/2012 10:56:49 PM
"reserve not met"
Ktrain PM Ktrain
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Posted: 2/22/2012 12:39:36 AM
It's worth what someone is willing to pay for it. Just like anything else in life. 

To you or me it's some cardboard with a picture on it. To someone else though, especially to someone of similar race/ethnicity, it maybe the advancement of their people into a place they had never really succeeded in before. 

If Lin were black or white this would never be happening. 

There Scal, I finally got to turn one of YOUR threads into a racial issue. 

    
TheGoldenGoose PM TheGoldenGoose
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Posted: 2/22/2012 12:43:11 AM
QUOTE Originally Posted by ManassaMauler:

"reserve not met"


Just saw that.

BWA-HA-HA-HA-HA

The seller is a bigger moron than the bidder!!!

BWA-HA-HA-HA-HA
esplanade PM esplanade
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Posted: 2/22/2012 1:22:44 AM
QUOTE Originally Posted by scalabrine:


A Picasso is not a piece of paper and some paint. It is a skill that needs to be honed over several decades, and the work itself may take days, months or even years.

All you need for a sports card is a piece of cardboard, a picture of the player, a laser printer, some gloss, a swatch of a jersey (that laughably, is typically 'game-worn' as thought their sweat makes it valuable), and an autograph. Where's the talent there?

The autograph is confounding. An autograph means something if you sought it out and got it from a player. A purchased one means much less to the person, or at least it should because there is no connection. Yet, ultimately, because the card company certified it, sells for much more.

Your claim about Lebron is false. The highest bidding for a Lebron/Jordan!! Jersey card is below $2,000 and then you can't find another Lebron card for more than a few hundred in bidding. This is the best player in the NBA without question too.

Lin, who has been in league for three weeks has a card selling for a ridiculous $20,000. He is real and his skills are evident but even if he averaged a ridiculous 24/10 the rest of the season, that doesn't even remotely justify the price of this card.

The Holy Grail of Topps Cards, the '52 Mantle, sells for under $20,000 in excellent condition. Lin is going to stack up next to Mickey Mantle in terms of card collecting? Please. It's been three weeks. Talk to me in 25 years for an argument.

And I don't believe anyone would pay $20K for this if they didn't think it was an investment. You can buy his game-used jersey and get his autograph (and probably a picture with him too), for less than 1/10th of this price.

It is lunacy to bid this card up to this price. Absolute lunacy...


Apparently among the many things that you know nothing about is the pricing of high end GRADED cards. A BGS 9.5 or PSA 10 is worth many, many, many times what an apparently mint non-graded example of the same card would be worth. So a BGS 9.5 Mantle rookie card would not be remotely close "to under $20K."


gmdewar PM gmdewar
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Posted: 2/22/2012 1:47:12 AM
QUOTE Originally Posted by scalabrine:


A Picasso is not a piece of paper and some paint. It is a skill that needs to be honed over several decades, and the work itself may take days, months or even years.

All you need for a sports card is a piece of cardboard, a picture of the player, a laser printer, some gloss, a swatch of a jersey (that laughably, is typically 'game-worn' as thought their sweat makes it valuable), and an autograph. Where's the talent there?

The autograph is confounding. An autograph means something if you sought it out and got it from a player. A purchased one means much less to the person, or at least it should because there is no connection. Yet, ultimately, because the card company certified it, sells for much more.

Your claim about Lebron is false. The highest bidding for a Lebron/Jordan!! Jersey card is below $2,000 and then you can't find another Lebron card for more than a few hundred in bidding. This is the best player in the NBA without question too.

Lin, who has been in league for three weeks has a card selling for a ridiculous $20,000. He is real and his skills are evident but even if he averaged a ridiculous 24/10 the rest of the season, that doesn't even remotely justify the price of this card.

The Holy Grail of Topps Cards, the '52 Mantle, sells for under $20,000 in excellent condition. Lin is going to stack up next to Mickey Mantle in terms of card collecting? Please. It's been three weeks. Talk to me in 25 years for an argument.

And I don't believe anyone would pay $20K for this if they didn't think it was an investment. You can buy his game-used jersey and get his autograph (and probably a picture with him too), for less than 1/10th of this price.

It is lunacy to bid this card up to this price. Absolute lunacy...

 

Oh man, you are so out of your element here.

Cards and memorabilia such as game-worn jerseys and whatnot represent the athlete's skills and legacy just the same as the painting does Picasso. Skills that take years and years to develop.

You really, really are clueless here. If the auto is authenticated from a highly reputable card company then that adds value. People don't want hand signed cards because they are not going to pay someone else for the sentimental value in another person's memories of obtaining it which is worthless to them. Not to mention the fact that it could so easily be fake - something that has ravaged sports card and memorabilia hobby throughout its history. I am not sure you have any idea how tangible things in life are valued in a free market.

I have no idea where you get your info but every single one of Lebron's auto rookies go for at least $500 and his highest end Equisite #'s 6 or 23 out of 99 would easily command a low end value of 15k. None of his Exquisite rookies would ever go for less then a grand.

The Mantle comparison is just another foolish point that shows your weak knowledge. "Excellent" is a grading of PSA 5 which is very low and worth about 10k. That isn't even the point though. Your comparing completely different types of cards from totally different eras and also implying that cards are valued strictly by who the player is which is just mental. Jason Heyward cards are worth way more than Barry Bonds and that is just one of hundreds of examples.  

Nobody is even saying there is value in the Lin card. OBVIOUSLY THERE IS NOT. His very best card graded gem is obviously going to command a monstrous price tag in the middle of the most media hyped run ever. The bidders do not care though. They want the card. It is supply and demand and the market determines the price not your idiotic generalizations. Of your many failures here, the most glaring is likely the fact that you cannot understand that card collecting is not an investment, it is a hobby.

 

Fishscale PM Fishscale
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Posted: 2/22/2012 1:56:17 AM
Everybody's arguing over pixie stix as usual, has nobody noticed the shady bidding going on?  Come on, you guys are gamblers!

"t***n( 403)" bid this guy from $95.55 to 3 grand with four uncontested bids in less than a minute.  Who does that?  

Then "o***i( 20)" comes along six minutes later and puts in 3 uncontested bids to bring it up to $8,500 with his first bid being 5 grand, which was 2 grand higher than the previous bid.  Who bids like this?

Not to mention multiple other back to back bids from the same username.


This entire argument is stupid if the foundation was started on a few clowns bidding on their own product.  


With that being said I think I'm going to destroy my ebay account tonight bidding it up to 50k.

Jaysvdubwhat PM Jaysvdubwhat
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Posted: 2/22/2012 2:50:11 PM
my god

that guy probably bought that a year ago for 5 bucks
phat03 PM phat03
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Posted: 2/22/2012 4:19:12 PM
I love ebay...
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