Mike Trout BCA Red - $900,000

[KhalDrogo]

This deserves it’s own thread.

Public record sale for a modern card. The only cards I imagine that would top this are the Trout BCA Super, both Lebron Ultimate Logoman Auto RCs, and BGS 9.5 LeBron Exquisite RPA /23. Massive sales like this will continue to attract deep pocketed individuals as the market gains more legitimacy as an alternative investment.

[buddycunningham]

Saw this on my morning news ritual.

https://www.foxnews.com/sports/rare-mike-trout-rookie-card-auctioned-for-nearly-1-million

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[Danderlion]

Love it.

When I woke up this morning there was a notice on my phone from google news for an article about a $900,000 Trout baseball card! I assume many others had this same notice. I read the article and it didn't even mention what card it was lol, but knew it had to be the red /5. very strong sale :flex:

[Neal]

I wonder who the original owner was and how much he sold it for

[NickStam]

is there tax reporting on something like this sale?

[pewe]

is there tax reporting on something like this sale?


There is tax reporting required on all sales. Fortunately if you use eBay / PaPal they do it for you


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[pewe]

This deserves it’s own thread.

Public record sale for a modern card. The only cards I imagine that would top this are the Trout BCA Super, both Lebron Ultimate Logoman Auto RCs, and BGS 9.5 LeBron Exquisite RPA /23. Massive sales like this will continue to attract deep pocketed individuals as the market gains more legitimacy as an alternative investment.


Haven’t baseball / sports collectibles been pretty legitimate alternative investment asset for a long time? I mean, the industry turns over something close to $10B+ annually (most of that is game used, of course), and has been in that zone since the 1980s.

Or do you just mean that it is unusual for a contemporary player to reach such heights?

Or for it to be cards as opposed to game used?


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[Jrhcards]

I wonder who the original owner was and how much he sold it for

Dave Oancea, known in the sports gambling ranks as Vegas Dave, touted the sale in an Instagram post.

https://www.foxnews.com/sports/rare-mike-trout-rookie-card-auctioned-for-nearly-1-million

“My Mike Trout rookie card sells for a record breaking $900,000!! I paid $180,000 for this card a little over a year ago. Everyone said I was crazy for spending this kind of money on a piece of cardboard. You cannot even buy a piece of real estate and flip it for a $720,000 profit in one year,” he wrote.

“The $400,000 1/1 superfractor Mike Trout rookie I bought for $400,000 last year is now worth around 3 million dollars. No stocks, bonds, mutual funds, 401ks, gold, silver, and real estate pays these returns in 365 days. I remember all the haters laughing at me when I dropped 400k on a piece of cardboard instead of buying a house. I guess he who laughs first gets laughed at last.”


Here is a video of him discussing his Trout collection
https://youtu.be/C0-58f6Eiow

[dhendrix1303]

Vegas Dave gets the last laugh.

Nuff said.

[NickStam]

There is tax reporting required on all sales. Fortunately if you use eBay / PaPal they do it for you


Sent from my iPhone using Tapatalk

I meant to say any type of capital gains?

[pewe]

I meant to say any type of capital gains?


I’m not sure how the tax treatment for collectibles works, but my little understanding from my accountant is that I need to pay income tax on the positive difference in price realized vs price paid. I don’t think they qualify for capital gains treatment. But I certainly am no expert.


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[bxbaseball2]

Collectible gains are taxed at 28% (not including state taxes) if held for over one year.

[pewe]

Collectible gains are taxed at 28% (not including state taxes) if held for over one year.


They are taxed at a flat rate regardless of personal income? I thought they were just treated as personal income...


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[superdan49]

For all the hate Vegas Dave gets, folks on BO sure do like talking about his cards and huge sales.

[KhalDrogo]

For all the hate Vegas Dave gets, folks on BO sure do like talking about his cards and huge sales.
Probably would have been $1.5M if it wasn’t a VD card.

[sportscards03]

Wonder what this does for the other levels of the card. Does this make an orange worth 500k? gold 300K? Curious to what people are thinking on values for the 2009 bowman chrome series.

[premium1981]

He is a douche, but a rich douche.

[ThoseBackPages]

great pickup!

[base set]

"all boats"

[Soxfanguy]

Did somebody actually buy it or did he just buy it to pump up the price of the other cards?

[MoreToppsPlease]

Wonder what this does for the other levels of the card. Does this make an orange worth 500k? gold 300K? Curious to what people are thinking on values for the 2009 bowman chrome series.


Frankly, this is what matters most. Pricing on the most rare cards like 1/1s and 1/5s may grab attention, but often don’t correlate to the price or popularity of related cards. It’s why Beckett doesn’t like to price cards with a print run less than 25. We often don’t know enough about why those rare cards sell for what they sell for to draw conclusions about an entire market...for one there are manipulation concerns.

This one sale probably won’t increase the value of all Trout cards. If it did, the Buyers Clubs would manipulate player markets: buy all cards of a player, than pay exorbitant amounts for their 1/1s then cash in.

A 1/1 or 1/5 rising tide doesn’t always rise all ships.

[SupermanBrandon]

It's all Gary V's fault

[KhalDrogo]

Frankly, this is what matters most. Pricing on the most rare cards like 1/1s and 1/5s may grab attention, but often don’t correlate to the price or popularity of related cards. It’s why Beckett doesn’t like to price cards with a print run less than 25. We often don’t know enough about why those rare cards sell for what they sell for to draw conclusions about an entire market...for one there are manipulation concerns.

This one sale probably won’t increase the value of all Trout cards. If it did, the Buyers Clubs would manipulate player markets: buy all cards of a player, than pay exorbitant amounts for their 1/1s then cash in.

A 1/1 or 1/5 rising tide doesn’t always rise all ships.
You’re right. The $400k sale of the Jordan PMG didn’t have any effect on other cards.

[Yanks23]

Lots of big Trout cards getting sold. People taking profits and running. I feel bad for whomever gets this crazy high priced cards last.

[TheWrightStuff]

Lots of big Trout cards getting sold. People taking profits and running. I feel bad for whomever gets this crazy high priced cards last.

I wouldn't feel bad for anyone who has so much money they could buy a 1 million dollar baseball card.

[kcroyalsfan8515]

I wouldn't feel bad for anyone who has so much money they could buy a 1 million dollar baseball card.

Correct. People with that much cash are probably in a pretty good spot.. Takes money to make money

[sportscards03]

Frankly, this is what matters most. Pricing on the most rare cards like 1/1s and 1/5s may grab attention, but often don’t correlate to the price or popularity of related cards. It’s why Beckett doesn’t like to price cards with a print run less than 25. We often don’t know enough about why those rare cards sell for what they sell for to draw conclusions about an entire market...for one there are manipulation concerns.

This one sale probably won’t increase the value of all Trout cards. If it did, the Buyers Clubs would manipulate player markets: buy all cards of a player, than pay exorbitant amounts for their 1/1s then cash in.

A 1/1 or 1/5 rising tide doesn’t always rise all ships.

I would have to disagree, the sale of the superfractor really started the rise of all Mike Trout cards. Whenever a rare card of a player sells for a very high dollar amount it attracts attention and everyone wants to jump on the boat. There will definitely be an increase from this I'm just wondering how much.

[ToddW]

I am not sure how Goldin displays final prices. Do they include buyers premium in the $922k? If not, with BP and taxes the bill is actually almost $1.2mm

[Buysellyell]

Was it altered???

[SaveMeTheGum]

At least it’s public enough that he’ll have to pay his taxes on it.

[Triple B]

For giggles...what the first two Trout reds sold for...

https://uploads.tapatalk-cdn.com/20200521/c8cc0a1e474499b3f55204652fe478d5.jpg

[MoreToppsPlease]

I would have to disagree, the sale of the superfractor really started the rise of all Mike Trout cards. Whenever a rare card of a player sells for a very high dollar amount it attracts attention and everyone wants to jump on the boat. There will definitely be an increase from this I'm just wondering how much.

If it were only this easy to manipulate pricing.

Trout was already high when VD bought it, but Trout shouldn't be used as an example as he's already the game's best player.

[GeechQuest]

If it were only this easy to manipulate pricing.

Trout was already high when VD bought it, but Trout shouldn't be used as an example as he's already the game's best player.

This will raise the price of ALL prospects thought to be "the next Mike Trout" though.

"If a Mike Trout BCA Red is $1M, then my <insert player here> at <insert amount here> is a steal".

[jataman2612]

For giggles...what the first two Trout reds sold for...

https://uploads.tapatalk-cdn.com/20200521/c8cc0a1e474499b3f55204652fe478d5.jpg

$425?!?! I wonder if that person still has the card.

[Zauron]

$425?!?! I wonder if that person still has the card.

Imagine if he's the one who has a sale in September for $1,200 thinking "I just made $700 after fees on this in less than a year! Amazing!"

[KhalDrogo]

To give you an idea of how far BCA has come, I paid $400 for Daniel Lynch’s red auto at release.

[corockies]

Doesn't Vegas Dave own 4 of the 5 Mike Trout red refractor autos.? Well I guess 3 of the 5 now but still...

[redsoxking94]

I thought it was 7 of the 25 orange

Link : https://www.youtube.com/watch?v=C0-58f6Eiow

[ayalar09]

Alright so heres the deal. The card sold for 750K but with fees and other things it came out to 900K total for the winning bidder.

Yes the card is Vegas Dave's. He owned 3 reds, now owns 2, as well as the superfractor and a ton of nice oranges. He's a dbag, but a smart dbag.

This will up the value of other prospects. I already noticed a couple of cards I picked up last week of a prospect, has gone up since then. And less of his cards are now available for auction.

Do you guys remember Zach Hample caught Trout's 1st HR Ball. He gave it to Trout in exchange for a signed bat. I imagine if Hample had kep that ball, it would break the price of this rookie card. I understand you want to give the ball back, but a million bucks or a signed bat probably worth 5K...Max.

[kgoldin]

Dave owned 1 red and this was it.
If any of you have any questions, feel free to ask the source ...me. Unless that’s not the way things are done here? LMK happy to answer if I know. We are happy with the sale and it will bring a lot of publicity to the hobby and why modern cards are doing much better and growing faster then vintage.
I am very accessible if you wish. I can also always be reached by email at ken@goldinauctions.com
Thank you for the attention you gave this great sale.

[Jrhcards]

Dave owned 1 red and this was it.
If any of you have any questions, feel free to ask the source ...me. Unless that’s not the way things are done here? LMK happy to answer if I know. We are happy with the sale and it will bring a lot of publicity to the hobby and why modern cards are doing much better and growing faster then vintage.
I am very accessible if you wish. I can also always be reached by email at ken@goldinauctions.com
Thank you for the attention you gave this great sale.
How does one complete this sort of sale? So many questions regarding how the card is handed over and how the funds are transferred!

[kgoldin]

How does one complete this sort of sale? So many questions regarding how the card is handed over and how the funds are transferred!

This size, typically wire transfer
And due to insurance limits we often fly a security guard to deliver a card like this personally and have it signed for, that’s what did with Other $750,000+ items. Avoids the fedex risk, and brinks truck costs, we have a security firm of off duty federal agents that handles such things for us.

[JWBlue]

How does one complete this sort of sale? So many questions regarding how the card is handed over and how the funds are transferred!

Hand delivered with wire transfer likely.

Superfractor was a steal. Said it at the time.

[KhalDrogo]

Hand delivered with wire transfer likely.

Superfractor was a steal. Said it at the time.
Takes balls and faith to set new highs. We’re just getting started here.

[dmanrico]

I personally think this sale was great for the hobby and will lead to continued growth in the modern card market. It's actually exciting as well for a baseball card to match the high of a basketball card (which segment has so much more money in it than the baseball side of cards historically has had).

EDIT: I'm admittedly biased, but I think there is something much more exciting to owning a collector's item in the sports world (especially a modern sports card) than a traditional piece of art, or sculpture, or vase, or whatever. Having a sale like this with this kind of publicity will get people historically not in the card market realizing "Wow, there's some in demand items and serious money within this 'hobby' and consequently attract new people into the industry. Just as a conversational piece, I believe it would trump art. It seems much more exciting to have an associate over to the house and see a baseball card and start talking sports and Mike Trout than it would to have art piece by Goya and talk the Spanish Enlightenment (and I'm an art history major :)!)

[JWBlue]

I personally think this sale was great for the hobby and will lead to continued growth in the modern card market. It's actually exciting as well for a baseball card to match the high of a basketball card (which segment has so much more money in it than the baseball side of cards historically has had).

EDIT: I'm admittedly biased, but I think there is something much more exciting to owning a collector's item in the sports world (especially a modern sports card) than a traditional piece of art, or sculpture, or vase, or whatever. Having a sale like this with this kind of publicity will get people historically not in the card market realizing "Wow, there's some in demand items and serious money within this 'hobby' and consequently attract new people into the industry. Just as a conversational piece, I believe it would trump art. It seems much more exciting to have an associate over to the house and see a baseball card and start talking sports and Mike Trout than it would to have art piece by Goya and talk the Spanish Enlightenment (and I'm an art history major :)!)

I always equated trading cards to artwork. Even a Jordan PSA 10 seems to have a little bit of value right now even based on recent astronomical sales.

Joe Montana PSA 10 @ $15K? Seems like a bargain right now.

[hawkfandan]

It’s cool guys.

I’m the winning bidder. I bid up the auction, but have no intention of paying. /s

[Chrisyork33]

For those in the Trout’s overrated/No Rings/HGH camp; do these prices change your opinion any or only validate it further?

[MOONBASE1]

Interesting comment from Mr.Goldin above. He states modern cards doing much better and growing faster than vintage.

[MoreToppsPlease]

This will raise the price of ALL prospects thought to be "the next Mike Trout" though.

"If a Mike Trout BCA Red is $1M, then my <insert player here> at <insert amount here> is a steal".



Yes! Plus if the Trout BCA Red is a true, repeatable market price then...

Trout autos should now rise considerably
Trout base should now rise considerably
Trout 1/1s superfractors should now rise considerably
Prospect BCA Reds should now rise considerably
Prospect BCA Super autos should now rise considerably

[bradical]

I don’t know how we can believe this sale price after it’s been known that VegasDave shilled his Orange Trout Autos to make them appear to be worth more than they are.

[dmanrico]

I don’t know how we can believe this sale price after it’s been known that VegasDave shilled his Orange Trout Autos to make them appear to be worth more than they are.

It takes two to shill. So unless:

A) card isn’t paid for, or
B) Goldin auctions allowed the high bid to be retracted, or
C) Vegas Dave or a buddy decided paying a $180,000 fee plus another $60,000 sales tax to keep the card makes sense (which would only work if you had a second red which he doesn’t)

Then this is a legit sale.

[xbignick]

I don’t know how we can believe this sale price after it’s been known that VegasDave shilled his Orange Trout Autos to make them appear to be worth more than they are.

I believe this sale because it wasn't held on eBay like the others.

But I also believe those fraudulent sales helped lead to what the red sold for today, so I guess it worked out for him.

[CardMarkets]

Cool story. However, the thing I find most entertaining about this thread is that Vegas Dave's initials are VD.

Kudos to him for making a buck, and long live capitalism.

[KhalDrogo]

I don’t know how we can believe this sale price after it’s been known that VegasDave shilled his Orange Trout Autos to make them appear to be worth more than they are.
I’ve heard from a reliable source that it’s legit.

[cardsharkk]

Wow just wow

[Doctor Claw]

It takes two to shill. So unless:

A) card isn’t paid for, or
B) Goldin auctions allowed the high bid to be retracted, or
C) Vegas Dave or a buddy decided paying a $180,000 fee plus another $60,000 sales tax to keep the card makes sense (which would only work if you had a second red which he doesn’t)

Then this is a legit sale.

Splashy fake sales happen routinely in this hobby— it is an unregulated marketplace with little to zero consequences for the unscrupulous who pull such maneuvers.

On eBay it is obviously easy to pull off. At an AH, often times the owner-seller-buyer will pre-negotiate what is called a "negative 10 or negative 15 percent" deal with the AH.

This means that the owner-seller-buyer pays a 5% fee, which admittedly may be quite hefty depending on the final hammer price— but still very much worth it, considering what one gets for it: a brand new, sky high valuation for their asset, plus valuable publicity. The AH also benefits as well from the attendant publicity, and depending how in cahoots they are and how much the publicity is worth, they may provide an even better deal.

But yes, it happens. And in these cases it is financially worth it for the owner to pay the fee, considering what the valuation does to his other holdings.

Not saying one way or the other on this Trout card, as no one can ever know unless they possess inside information and confirmation. End of the day, each person in the public will believe what they want to believe, based on the views that they bring to the table and what benefits them. Just offering another angle to hopefully benefit fellow collectors/buyers who may not have heard of this is all.

[dmanrico]

Splashy fake sales happen routinely in this hobby— it is an unregulated marketplace with little to zero consequences for the unscrupulous who pull such maneuvers.

On eBay it is obviously easy to pull off. At an AH, often times the owner-seller-buyer will pre-negotiate what is called a "negative 10 or negative 15 percent" deal with the AH.

This means that the owner-seller-buyer pays a 5% fee, which admittedly may be quite hefty depending on the final hammer price— but still very much worth it, considering what one gets for it: a brand new, sky high valuation for their asset, plus valuable publicity. The AH also benefits as well from the attendant publicity, and depending how in cahoots they are and how much the publicity is worth, they may provide an even better deal.

But yes, it happens. And in these cases it is financially worth it for the owner to pay the fee, considering what the valuation does to his other holdings.

Not saying one way or the other on this Trout card, as no one can ever know unless they possess inside information and confirmation. End of the day, each person in the public will believe what they want to believe, based on the views that they bring to the table and what benefits them. Just offering another angle to hopefully benefit fellow collectors/buyers who may not have heard of this is all.

I understand and don’t disagree. But at the end of the day, If another party willingly bid and paid the price of the card, then this is a legit sale. For all we know, their final max value may have even been higher than what they paid. Auctions only find the second highest bidders max value. Not the winners highest value.

[patchgenie]

saw the trout was mentioned on the today show this morning.

[ThoseBackPages]

I “like’ how so many people have/do urinate on “low end” packs. i know that feeling has changed recently, but its so nice to see so many of these “big cards” come out of $3 packs, starting with this Trout

[bradical]

VegasDave simply lacks anything that can seem trustworthy about him. From his past issues with fraud and using others SSN for tax evasion, or his gambling pick system that he touts with false winning percentages and results, or even his staged cash giveaways. He is 100% show and I believe this was nothing more than that, to get his name back out there, for him to relevant/important.

For me, I find it hard to believe that this is where he starts with his legitamacy.

[kgoldin]

correct, this is a legit sale. Winning bidder long time customer with appropriate credit approval, under bidder long time customer who has spent millions with us. Also, we credit check all bidders. only a small percentage of credit checked individuals have bidding limits even over $100,000 with us, let alone over $500,000. For the knowledge of the board that understands the importance of the sale to the hobby, i will report when payment is received and card is in possession of the winning bidder. Our session 3 closes Saturday, and we invoice this auctionsunday. thank you for all your interest. I was on Yahoo Finance this morning with David Leiner of Topps discussing the card and the modern card market.
Ken Goldin

[bradical]

correct, this is a legit sale. Winning bidder long time customer with appropriate credit approval, under bidder long time customer who has spent millions with us. Also, we credit check all bidders. only a small percentage of credit checked individuals have bidding limits even over $100,000 with us, let alone over $500,000. For the knowledge of the board that understands the importance of the sale to the hobby, i will report when payment is received and card is in possession of the winning bidder. Our session 3 closes Saturday, and we invoice this auctionsunday. thank you for all your interest. I was on Yahoo Finance this morning with David Leiner of Topps discussing the card and the modern card market.
Ken Goldin

Thanks for the reply, Ken.

I can understand the steps you take to legitimize a sale and everyone wanting this to be the new gold standard for sports card sales, but with the previous owners prior track records it’s hard for one to not have a sliver of doubt that this was indeed shilled or conspired between two people. Especially if the new buyer was a first time customer.

Hopefully I am wrong, and there is no conspiracy here, but I am still feeling a level of deceitfulness from the seller.

[Beantownhero]

VegasDave simply lacks anything that can seem trustworthy about him. From his past issues with fraud and using others SSN for tax evasion, or his gambling pick system that he touts with false winning percentages and results, or even his staged cash giveaways. He is 100% show and I believe this was nothing more than that, to get his name back out there, for him to relevant/important.

For me, I find it hard to believe that this is where he starts with his legitamacy.

I'm sure if he wasn't before that he may on the radar for certain agencies.

[KhalDrogo]

Thanks for the reply, Ken.

I can understand the steps you take to legitimize a sale and everyone wanting this to be the new gold standard for sports card sales, but with the previous owners prior track records it’s hard for one to not have a sliver of doubt that this was indeed shilled or conspired between two people. Especially if the new buyer was a first time customer.

Hopefully I am wrong, and there is no conspiracy here, but I am still feeling a level of deceitfulness from the seller.
:confused:

[ayalar09]

You know anyone that owns anything Trout should be thanking Dave actually. Because all your stuff just skyrocketed in value.

Cool to have Mr. Goldin come in here and break things down for us.

I wonder if he could answer how much he thinks Mike Trout's 1st HR ball would be worth?

[pete2345]

This Ken guy is great! That's how you run a business. Brent and the others should take notes. Word of mouth is a powerful weapon and he nips it right in the bud. Kudos to Ken and goldin.

[kgoldin]

I do not know if i could have been any clearer, and i certainly dont need to respond to every comment, but i know this is an important sale for the industry, just like my Lebron Ultimate Logoman was in 2016 as the first modern basketball card at the time to break $300,000 was.

1. the winner has been registered in my auctions for 6 years
2. the winner has won multiple times and paid every invoice
3 there is 0% chance of a default.
4. As a courtesy to the forum, i am going to post when we receive payment (we invoice for this auction SUNDAY when session 3 closes)
5. I am going to take a picture and post it of the card on its way to winner
6 the underbidder has spent MILLIONS with me and has already enlisted me to find HIM a red trout card if i can, meaning there would 2 gigantic sales of the same Red Trout card conducted by me.
your opinion of the consignor is your business, he has and had nothing to do with the sale, and his private business to me, is just that, his private business. The consignor has nothing to do with me, or my business, just as the other 5000+ consignors we have dealt with over the years. to me he is just a paper transaction, although a large one.

thank you

Thanks for the reply, Ken.

I can understand the steps you take to legitimize a sale and everyone wanting this to be the new gold standard for sports card sales, but with the previous owners prior track records it’s hard for one to not have a sliver of doubt that this was indeed shilled or conspired between two people. Especially if the new buyer was a first time customer.

Hopefully I am wrong, and there is no conspiracy here, but I am still feeling a level of deceitfulness from the seller.

[actionbryan]

Front page yahoo news, we're doin it boys.

[vintg]

I do not know if i could have been any clearer, and i certainly dont need to respond to every comment, but i know this is an important sale for the industry, just like my Lebron Ultimate Logoman was in 2016 as the first modern basketball card at the time to break $300,000 was.

1. the winner has been registered in my auctions for 6 years
2. the winner has won multiple times and paid every invoice
3 there is 0% chance of a default.
4. As a courtesy to the forum, i am going to post when we receive payment (we invoice for this auction SUNDAY when session 3 closes)
5. I am going to take a picture and post it of the card on its way to winner
6 the underbidder has spent MILLIONS with me and has already enlisted me to find HIM a red trout card if i can, meaning there would 2 gigantic sales of the same Red Trout card conducted by me.
your opinion of the consignor is your business, he has and had nothing to do with the sale, and his private business to me, is just that, his private business. The consignor has nothing to do with me, or my business, just as the other 5000+ consignors we have dealt with over the years. to me he is just a paper transaction, although a large one.

thank you


thank YOU !!! this is awesome news for the hobby.

[KhalDrogo]

Front page yahoo news, we're doin it boys.
There is a lot of POMO coming.

[bradical]

:confused:

I do not know if i could have been any clearer, and i certainly dont need to respond to every comment, but i know this is an important sale for the industry, just like my Lebron Ultimate Logoman was in 2016 as the first modern basketball card at the time to break $300,000 was.

1. the winner has been registered in my auctions for 6 years
2. the winner has won multiple times and paid every invoice
3 there is 0% chance of a default.
4. As a courtesy to the forum, i am going to post when we receive payment (we invoice for this auction SUNDAY when session 3 closes)
5. I am going to take a picture and post it of the card on its way to winner
6 the underbidder has spent MILLIONS with me and has already enlisted me to find HIM a red trout card if i can, meaning there would 2 gigantic sales of the same Red Trout card conducted by me.
your opinion of the consignor is your business, he has and had nothing to do with the sale, and his private business to me, is just that, his private business. The consignor has nothing to do with me, or my business, just as the other 5000+ consignors we have dealt with over the years. to me he is just a paper transaction, although a large one.

thank you

My apologies, Ken - I misread your first part and thought you had said the seller was a long time customer, not the winning bidder.

Glad to know it's just me with the tinfoil hat on.

[KhalDrogo]

My apologies, Ken - I misread your first part and thought you had said the seller was a long time customer, not the winning bidder.

Glad to know it's just me with the tinfoil hat on.
It's not just you! It's good to be skeptical about these sales. But nice to find out it was legit. The hobby is very strong and quickly evolving.

[Rage]

Love to see it!

[MoreToppsPlease]

It's just difficult to think that a collector would've bought this card for that amount considering there are four other copies; such a collector would only want the best (no, I'm not looking to debate this). It makes much more sense for a hobby institution to have bought this card for obvious reasons.

Besides, does anyone else think VD would've sold his 1/1 to the winner of the red if he were offered the red's auction price plus fees?

Splashy fake sales happen routinely in this hobby— it is an unregulated marketplace with little to zero consequences for the unscrupulous who pull such maneuvers.

On eBay it is obviously easy to pull off. At an AH, often times the owner-seller-buyer will pre-negotiate what is called a "negative 10 or negative 15 percent" deal with the AH.

This means that the owner-seller-buyer pays a 5% fee, which admittedly may be quite hefty depending on the final hammer price— but still very much worth it, considering what one gets for it: a brand new, sky high valuation for their asset, plus valuable publicity. The AH also benefits as well from the attendant publicity, and depending how in cahoots they are and how much the publicity is worth, they may provide an even better deal.

But yes, it happens. And in these cases it is financially worth it for the owner to pay the fee, considering what the valuation does to his other holdings.

Not saying one way or the other on this Trout card, as no one can ever know unless they possess inside information and confirmation. End of the day, each person in the public will believe what they want to believe, based on the views that they bring to the table and what benefits them. Just offering another angle to hopefully benefit fellow collectors/buyers who may not have heard of this is all.

[ThoseBackPages]

It's just difficult to think that a collector would've bought this card for that amount considering there are four other copies; such a collector would only want the best (no, I'm not looking to debate this). It makes much more sense for a hobby institution to have bought this card for obvious reasons.

Besides, does anyone else think VD would've sold his 1/1 to the winner of the red if he were offered the red's auction price plus fees?

where are the other four copies?

[KhalDrogo]

It's just difficult to think that a collector would've bought this card for that amount considering there are four other copies; such a collector would only want the best (no, I'm not looking to debate this). It makes much more sense for a hobby institution to have bought this card for obvious reasons.

Besides, does anyone else think VD would've sold his 1/1 to the winner of the red if he were offered the red's auction price plus fees?
You are insufferable and have absolutely no idea what you are talking about.

[SirTommyWinAlot]

One of these days, government is going to have no choice but to tax sports memorabilia gains at 60%.

[SirTommyWinAlot]

https://www.yahoo.com/finance/news/shocking-why-baseball-card-and-memorabilia-buying-is-booming-amid-the-pandemic-194455858.html

[MoreToppsPlease]

where are the other four copies?

Exactly, this is something the winner of this card will always be thinking about. Four other copies are many copies. Plus the 1/1.

You are insufferable and have absolutely no idea what you are talking about.

You're more insufferable, and considering your response, don't have anything worthwhile in your collection to help you understand what I wrote.

[ThoseBackPages]

Exactly, this is something the winner of this card will always be thinking about. Four other copies are many copies. Plus the 1/1.



nope.

[KhalDrogo]

Exactly, this is something the winner of this card will always be thinking about. Four other copies are many copies. Plus the 1/1.

You're more insufferable, and considering your response, don't have anything worthwhile in your collection to help you understand what I wrote.
We all understand what you write and what your MO is. #@#@#@#@ in every thread that you possibly can. You somehow missed that TBP was making fun of you in his response.

[bubbershrimp]

Anyone think this big sale is paving the way for the super to go up for sale soon? Record breaking price paid for the red, isn’t the super worth significantly more? Card market is on fire would seem like a good time to sell.

I know next to nothing about VD but seems like he is interested in making big gains quickly, how much more would that card be worth in 5, 10, 20 years? Maybe not too much, might make sense to sell and move on to the next venture.

[bberns]

You’re right. The $400k sale of the Jordan PMG didn’t have any effect on other cards.

Are you being sarcastic or not? I can't tell. I actually think that it had a huge impact.

[bberns]

I do not know if i could have been any clearer, and i certainly dont need to respond to every comment, but i know this is an important sale for the industry, just like my Lebron Ultimate Logoman was in 2016 as the first modern basketball card at the time to break $300,000 was.

1. the winner has been registered in my auctions for 6 years
2. the winner has won multiple times and paid every invoice
3 there is 0% chance of a default.
4. As a courtesy to the forum, i am going to post when we receive payment (we invoice for this auction SUNDAY when session 3 closes)
5. I am going to take a picture and post it of the card on its way to winner
6 the underbidder has spent MILLIONS with me and has already enlisted me to find HIM a red trout card if i can, meaning there would 2 gigantic sales of the same Red Trout card conducted by me.
your opinion of the consignor is your business, he has and had nothing to do with the sale, and his private business to me, is just that, his private business. The consignor has nothing to do with me, or my business, just as the other 5000+ consignors we have dealt with over the years. to me he is just a paper transaction, although a large one.

thank you

Thank you for coming on here and being transparent. It is really helpful.

[Triple B]

It's just difficult to think that a collector would've bought this card for that amount considering there are four other copies; such a collector would only want the best (no, I'm not looking to debate this). It makes much more sense for a hobby institution to have bought this card for obvious reasons.

Besides, does anyone else think VD would've sold his 1/1 to the winner of the red if he were offered the red's auction price plus fees?

What if the other 4 are BGS 9s? What if three of them were destroyed in a fire?

I don't think someone who paid $900,000 cares that there are four more, much in the way that I buy a blue refractor of someone not particularly caring that there are 149 other copies out there.

[KhalDrogo]

Are you being sarcastic or not? I can't tell. I actually think that it had a huge impact.
Very, very sarcastic :)!

[kgoldin]

I just wanted to inform everyone in the forum that we have received a wire for the full amount of the Mike Trout Card sale.
the sale is confirmed
thank you all for your interest in this historic sale.

https://goldinauctions.com/2009_Bowm...-LOT57497.aspx

[jushankel]

I just wanted to inform everyone in the forum that we have received a wire for the full amount of the Mike Trout Card sale.
the sale if confirmed
thank you all for your interest in this historic sale.

https://goldinauctions.com/2009_Bowm...-LOT57497.aspx


Thank you for the update. Glad to hear.


Sent from my iPhone using Tapatalk

[Jrhcards]

r1GZti4iSuc

Noticed this was posted yesterday.

[LVDan]

“In my next episode I’ll let you know what the next big play in the sports card market will be.”


Sent from my iPhone using Tapatalk

[jmarascojr]

Seemed like good timing that cornhole was being played in the background...

What a dousche, chicks bang this guy?

[qdoggmets]

I just wanted to inform everyone in the forum that we have received a wire for the full amount of the Mike Trout Card sale.
the sale if confirmed
thank you all for your interest in this historic sale.

https://goldinauctions.com/2009_Bowm...-LOT57497.aspx

Do you text and drive. Jesus. For the love of god, as the face of a company, don’t you think you should put atleast a little effort into making your public facing communications at least a little bit presentable?

Every one of your responses are barely readable.

[imbluestreak23]

r1GZti4iSuc

Noticed this was posted yesterday.

He shoulda sold the car instead of the Fish to pay off his Rona bill issues. JMO

Edit: could be renting the car thou

[Comix Guy]

“In my next episode I’ll let you know what the next big play in the sports card market will be.”


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https://www.instagram.com/tv/CA1YI2tjoZW/?utm_source=ig_web_button_share_sheet

Seemed like good timing that cornhole was being played in the background...

What a dousche, chicks bang this guy?

He has money, doesn't he?

[oplum29]

say what you want about Vegas Dave, but he was right, good for him.

he gets a lot of hate because the way he comes off, but he also made a smart investment while others ridiculed him.

i thought he was crazy when he was saying in his original video that he had offers of up to $1.5 million, I thought, you're crazy dude, but he wasn't. He didn't get that $1.5 million nor will he ever get $4-5 million like he mentions, but i guess he can come close.

[Matt24]

I hope no one here falls for his sports betting picks

[AcunaMatata10]

[QUOTE=MoreToppsPlease;15932209]Exactly, this is something the winner of this card will always be thinking about. Four other copies are many copies. Plus the 1/1.

Maybe he has the 1/1? Never know...

[BlitzRick]

Here’s the scary part. The Trout red that just sold isn’t even his best red. There is a 9.5 true gem and a 9.5 red with two 10 subs. So this was technically his third best red /5. Food for thought...

[mfw13]

Here’s the scary part. The Trout red that just sold isn’t even his best red. There is a 9.5 true gem and a 9.5 red with two 10 subs. So this was technically his third best red /5. Food for thought...

That's assuming the grades are accurate, which they probably are not.

[Comix Guy]

Here’s the scary part. The Trout red that just sold isn’t even his best red. There is a 9.5 true gem and a 9.5 red with two 10 subs. So this was technically his third best red /5. Food for thought...

I read an article that said only one red has ever come to market. So only one red has ever sold but the others have been located?