Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts

Friday, January 15, 2016

Picking A 1933 Goudey HOF Jim Bottomley

Here's a before and after story about being a baseball card picker--the purchase, grading and valuation of a good baseball card.

I bought an ungraded 1933 HOF Jim Bottomley on Ebay in a screwdown case. Here's a picture of it from the listing after I bought it:


I spent $36.51 and paid $3.50 shipping, for a total of $40.01. (Notice the penny extra on the bid.)

I took a chance here--not something I typically do with money in general. But the Goudeys are one of the Big Three sets. The 1909-1911 T206s (which I've written about many times), the 1952 Topps and the 1933 Goudeys are the most-collected and sought-after sets. Any card from these sets will sell for more than average; HOF cards from these sets will be worth a premium value. And highly-graded HOF cards from these sets will be worth good money. A card in decent condition (even, in most cases, in poor condition) from these sets will re-sell, no problem. So if you want to collect a card and try to make a good profit at the same time, these are the cards to get. (I would throw the 1888 Old Judges and the T205s in this category as well. And any card, really, between 1900 to 1933.)  The trick is to buy one at a low price--ungraded cards can be bought for even cheaper--and then to send them away to SGC, PSA or Beckett to get them graded.

But doing so is taking a chance. No matter what you guess a card will be graded, it sometimes seems these guys grade the cards almost at whim, defying any reasonable explanation. (I have proof of this.) But if you want to increase a card's value, you have to get it graded. Out of all the companies, I think Beckett is the best for cards after 2000. PSA is best for cards 1960-1999. And SGC is best for all cards prior to 1960. It seems that overall card values back me up with this.

So what to buy? I've bought ungraded T206s and written about those before. But I'd never done so for a Goudey and I wanted to try. So if you're going to do that, you need to buy a popular player or a HOFer. But many of those are out of my price range. (Ruths and Gehrigs are worth hundreds or thousands of dollars.) I decided upon a HOFer nobody but serious fans know (and who shouldn't be in the HOF but for Veterans Committee shenanigans) and to get it raw, which means ungraded. The ones available during the limited time I allowed myself (because I could so easily go overboard with this and there goes the mortgage) were scant, and I settled on this guy.

Anyway, I sent it to SGC during its December Goudey/Play Ball/Diamond Star Special of $8 per card. (I also sent a HOF Rabbit Maranville Goudey, which I knew was in terrible condition; I was lucky to get that graded in Poor condition.) Because this venture is all about value and profit, you wait until the grading company has a sale on its grading. By chance, this sale came up right when I bought the card. Normally SGC charges $10 per card from this era.

So a few days ago (the website publishes your results when they're done, even before you get it in the mail) it was graded a 5 Excellent--which is really good for a 1933 Goudey, as they were handled a lot, and they're old, and they fray and literally disintegrate, and the corners round easily. The card, now graded, looks like this:



My Beckett Graded book shows the highest graded 1933 Goudey Jim Bottomley to be an 8, and I've got a 5. Not bad for $40! Book value? $150!!! Because you often can't get book value on cards, I looked up recently sold SGC 5 graded 1933 Jim Bottomley Goudeys on ebay. (I checked off the "sold listings" box; just because someone's asking $300 for the card on ebay, that doesn't mean it's worth $300. People ask insane prices via "Buy It Now" on ebay. But if a card has sold recently at a consistent price, that card is worth that price.) A PSA 5 (same exact grade and conditions, and PSA and SGC are equally respected) sold on January 10th, 2016 for $159.99, which shows the book value of $150 to not only be accurate, but maybe even a little low.

So I spent $40 on it, and paid $8 to get it graded, plus a couple bucks for shipping and insurance, for a total of $10 more. In summary, I paid $50 and it's worth at least $150---three times what I paid. Not bad! Even if I sent it to a 3rd party (an ebay company I do business with) and got the 87% he gives, and spent maybe $5 to send it to him, my profit is around $75-$80. Not bad for one card! It all took just minutes of my time, mostly sitting on my butt at my computer, and my post office doesn't usually have any lines, either. I could seriously make some part-time income doing this.

Sunday, September 22, 2013

Letting Go--1975 Topps George Brett Rookie Card



Photo--George Brett's 1975 Topps Rookie Card.  From amazonaws.com

It's been a very long time, but I have a story about a baseball card:

I've discovered ebay lately, much to my happiness and my chagrin.  Happiness because I now own about 25 1908-1910 T206s, as well as a few 1935 Diamond Stars and a couple of more Goudeys.  (These are all popular, yet usually-expensive, baseball cards.)  I also now own 1 1887 N172 tobacco card in very good condition, and a great Pedro Martinez-autographed, bigger than 18 X 20 photo, in a walnut frame, with "2004 W.S. Winner" after his autograph.  It is one of the most beautiful things I've ever owned.

So why the chagrin?  Well, let me put it this way: I've shut down the account for now, and there are Post-It reminders on my laptop (which I usually type these on) to not bid on anything else for the foreseeable future.  I have become very good at winning bids.  I have a great system.  This is also a good and a bad thing.  The only specific I'll give is that the 1887 card cost $104 and change, and that's a steal for the card.

This was all well and good but for the hit-and-run driver who smashed into the back of my car as I was stopped in front of a side street that led to the parking lot of my job.  I got hit hard, and was dazed for a bit, and got some neck soreness and a fat lip--and just over $4,300 in damages.  The insurance covers most of that, thank God, but a $1,000 deductible still is what it is.  Considering what I spent on ebay, that was the absolute wrong thing at the wrong time.  (Though I admit that I could have been hurt much more than I was.)

So now the second part of the title of this blog entry: Letting Go.  I have to let go of the hopelessness that you feel that someone could smash into your car and drive away, and the woman who was a witness to it--who was, in fact, hogging the whole side street so that I had no choice but to stop to let her out--did not stay for the cop, or at least offer her name and number, or call 911, or anything.  She saw the car that hit me.  She must have seen it drive away, unless she was too busy driving away herself.  So I have to let go of the anger and bitterness of that whole situation.

But I also had to let go of a couple of things I've had for awhile.  I had to sell a couple of things because I needed the cash on hand.  I have some savings, but I have to leave it there in case something else like this happens.  I went through some of my many baseball things--which I don't usually do--and I had to sell a couple of my baseball things--which I never do.  After reviewing what I had, I set aside a second Dustin Pedroia autograph (this one on a baseball; I have a better one on a large autographed World Series photo of him) and about 50 to 75 baseball cards.

Letting go of the Pedroia ball hurt a little bit, but that's why you get duplicate autographs, right?  This one I got at a Picnic in the Park at Fenway a few years ago; the woman I was dating at the time paid for the expensive tickets and took me, and I had the time of my life--as well as many Sox autographs.  (One of my favorite memories was throwing a baseball against the Green Monster for a few hours on a perfect afternoon.  My spot was just to the left of the Jimmy Fund boy in the circle.)  Anyway, the ball (which had George Kottaras's autograph, too, and you can go to the front of the line if you remember him) reminded me of that day, and so I was sort of sorry to see it go.  I have other autographed baseballs from that day, but still.  I sold it for $50.  I would have asked for more, because it sells consistently on ebay for $85-$120.  I asked for $60 and settled for ten dollars less because I sold it to a co-worker, and he's a very nice guy.

Then I called a guy who had come to one of my yard sales this past summer.  We'd talked a bit and he'd mentioned that he liked older baseball cards, of which I have a plentiful supply.  It took me awhile to decide what to part with, and the way the sale went down, I had to part with a card I'd rather not have had to sell, a 1975 Topps George Brett Rookie Card.  This had been given to me when I was about 14, so I've had it for a very long time.  The book value on it was $40 to $80 in Near Mint condition, which my card maybe was, or maybe was just short.  I also sold 99 commons with it, and a 1975 Topps Steve Carlton, Phil Neikro, Hank Aaron, Dave Winfield (book value--$30 to $50), and Robin Yount rookie card (in faded condition).  I got $100 for all of that, which is a pretty fair deal for both the buyer and the seller.  You never get book value for cards.  It's impressive that I even came close.

Anyway, letting go of that Brett card hurt more because I've had it for so very long.  When I looked at it, I remembered the me that I was at that age.  It was also one of the more valuable cards I've had in my collection since I started collecting at age 12 or so.  But I needed the money, and it was all profit, since I didn't pay for any of the 1975 cards.  And I was never particularly fond of the 1975 cards anyway.  They're really hard to get in decent condition because of the color patterns Topps made them with.  And I'm more into pre-1970 cards, anyway.  The 70s, with maybe the exception of the 78s or 79s, were an ugly time for Topps.

Ebay makes letting go a little easier.  If it gets too much for me, I can just buy another one, maybe in better condition, maybe for even less than I just sold it for.  Years ago, it would have been impossible to replace a 1975 Topps George Brett rookie card if you'd sold it.  Now, it's just a mouse click away.

And I feel that letting go, and adapting, is necessary for growth.  And I've never been particularly good at doing that.  Not that keeping that Brett card forever would have been a bad thing if I'd liked it, or if I'd wanted to wait for it to increase in value.  But it probably wouldn't have gone up that much more anytime soon (although all vintage cards increase in value over time, just because they're old), and I never really liked the card in of itself.  I much prefer '51-'53 Bowmans and '52 and '53 Topps, as well as the '44 and '45 cards, and the 1887 N172s and, of course, the T206s.

I'm moving on, and I needed the money, and I like other cards now (and they're more expensive because they're so much older).  I've changed, and not just in my baseball card preferences.  I would not have been able to sell the Brett card 10 years ago, and maybe not even in the last few years.  But that's what you do with free stuff you're not attached to by anything more than nostalgia, right?

It's possibly a short story in of itself: a card given to me for free when I was 14 was sold (with other cards, but the Brett rookie was the creme de la creme of my 75s, and of the 1975 set in general) for about $75 to $80, with all of the other cards selling for about $20 to $25.  It's going to a new home now, and I know that this is inappropriate personification, but I asked the guy to treat it well, and to display it well.  He said he would, though I have my doubts, as he said he has a billion other cards, including many T206s, just hanging out in bureau drawers or something.  (I asked him to call me about the T206s.)  It's fulfilled its purpose for me, as it turns out, and so I hope it's good to someone else, too.

And if it sounds like I have some separation anxiety about it, it's because I do.  But you have to let go, right?  You have to adapt and change?  That's what the hoarders can't do--and I see now that it's possible to be an emotion hoarder, too.

P.S.--If you're interested in buying any baseball cards, send me an email (the address is at the top of this blog page, with all of my other associations) or place a comment, and I'll get back.  Let me know what you need, and if I've got it, we can talk.  The T206s and the 1887 card are not for sale.