PSA 10 LaMelo contenders auto understanding the value

[WYTMKE]

So I would like some help from all the card connoisseurs here.
I am trying to gauge a price on this card.

I have heard that having a PSA 10 up the value 5-7X but here is where I am having trouble.
So a raw version of this card sold for $3450 which according to multipliers would make it a $17k - $24k card.
I have seen a raw blue /49 go for $4k which would make a PSA 10 $20k - $28k
So where I am having trouble is some people are listing there PSA 10's a lot lower then where I think they should be. For instance a person has a PSA 10 blue /49 listed for $12.5k which is only 3X raw value. Now are they listing it that low because they are happy with the profit they will make or maybe do they not understand what value their card is. Thank for your answers and insights

[imbluestreak23]

I think your multipliers are way off. But another way of looking at it is, would you rather have a Luka Contenders Optic 10 for $10k or Lamelo for $20k?

I think that’s your answer

[mjwoop]

Has the PSA 10 blue /49 listed for $12.5k sold yet? If so, how quickly did it sell? If not, that price may be too high.

[sportzluvr1]

Hey, i have an idea

[Ericc5Bears]

Yeah unfortunately those multiplier estimates are wayyyy off. An Anthony Edwards contenders optic auto PSA 10 did just under 2k a few days ago + A Lamelo Blue contenders optic auto /49 PSA 9 did around 3.5k. Based on that info I'd guess your card would do somewhere around 5k on auction.

[StitchJones]

I think it's going to take a bit for the price of these to properly settle. If I were to price them I'd be looking for something a bit under a comparative Ja Morant PSA 10 RC. Probably 8-9k as the Morant blue from 2019 sold at 12k but was out of 99.

[Nomad]

Originally Posted by StitchJones

I think it's going to take a bit for the price of these to properly settle.

There is some hope that Charlotte can outperform. I guess after that it should settle?

[WYTMKE]

Originally Posted by imbluestreak23

I think your multipliers are way off. But another way of looking at it is, would you rather have a Luka Contenders Optic 10 for $10k or Lamelo for $20k?

I think that’s your answer

Here is a whole article
https://www.cardlines.com/should-you...%20raw%20card.

So no I do not think multipliers are that far off

[StitchJones]

Originally Posted by WYTMKE

Here is a whole article
https://www.cardlines.com/should-you...%20raw%20card.

So no I do not think multipliers are that far off

Thing I have noticed is the more high-end the card the lower those multipliers. The price of a blue contenders optics auto is already in the thousands for Lamelo, it's not going to jump 7 fold from being a PSA 10.

[Bosoxfan5990]

Other folks in this thread cited real sales and you cite one article from August 2021 with the opinion of 1 person. Currently, it seems like PSA 10s are doing 3X raw. The best way to know the value of a card is to put it up for auction.

[TSonn]

Originally Posted by WYTMKE

Here is a whole article
https://www.cardlines.com/should-you...%20raw%20card.

So no I do not think multipliers are that far off

Yeah, I don't think the multipliers work like that with high value cards. All the cards in that article are sub $100 cards raw (except for the Dak which only has a multiplier of 4x in comparison).

But hey - the good news is you get to name your price. It just may sit at that price forever while it could go down in value depending on LaMelo's career.

[zworykin]

That article is from last August and only looked at a small handful of cards. It would have received a poor grade if turned in for a seventh grade research assignment. Even if the methodology had been better, markets change.

[Orangejello727]

Originally Posted by WYTMKE

Here is a whole article
https://www.cardlines.com/should-you...%20raw%20card.

So no I do not think multipliers are that far off

In a vacuum, sure you can almost make a statement on the multiplier true. Unfortunately that is not how it works. You have to take the card, player, set, year, population and demand all into factor when determining the multiplier.

If there is a universe of 10,000 and the pop of a psa 10 is 2, you can easily move that multiplier up based on pop alone. If its a great in demand card/player, you can move it up more. etc. etc. etc.

If the card is not in demand has a universe of 50 and a psa 10 pop of 30, that card wouldnt be as rare in that slab. Multiplier would typically drop.

Must take all things into consideration. Plus the market will dictate what it is willing to pay for the card, not a ruler of scale for multipler.

[Nomad]

I think Contenders autos are nicer than optic. They are also maybe the first on card auto? I would personally not value that optic more than 6k. Before the play offs. or play-in, or whatever.

[k13]

Originally Posted by Bosoxfan5990

Other folks in this thread cited real sales and you cite one article from August 2021 with the opinion of 1 person. Currently, it seems like PSA 10s are doing 3X raw. The best way to know the value of a card is to put it up for auction.

Without a shill protector 99% of people won't do auctions or else they'll get 10-20% of what they "wanted".

The number of auctions on non-consignment places is almost non-existent.

[sethc1020]

Originally Posted by WYTMKE

Here is a whole article
https://www.cardlines.com/should-you...%20raw%20card.

So no I do not think multipliers are that far off

Probably not the best source to be your be all end all on price multipliers. Cards in that article are lower-end card which are not comparable to higher-end multipliers and was from August of 2021 during the height of the never before seen card BOOM.

[tennelson55]

The blue is here #/49 psa 10 listed on ebay for 12.5k. This won't get 10k+.

https://www.ebay.com/itm/28463823741...YAAOSwOJ1iMpg9

[Nomad]

PSA 10 or /49? heh

[sethc1020]

Originally Posted by tennelson55

The blue is here #/49 listed on ebay for 12.5k. This won't get 10k+.

https://www.ebay.com/itm/28463823741...YAAOSwOJ1iMpg9

Exactly, if that Blue was listed so unbelievably low based on the OPs "multipliers" then it would have been bought instantly. The fact that it has been sitting on confirms that the OPs "multipliers" are the ones that are WAYYYYYY off.

Edit: Looks like the card was listed and has been sitting since Feb. 6th

[Jstratton]

Give you my best estimate on value ...

As someone mentioned in the thread, an Edwards Cont Optic PSA 10 auto did $1,900 on bids ~ 2 weeks ago. Majority of Lamelo's are selling around 2x , in some cases 2.5x, multiplier of Edwards.

So IMO you'd be somewhere around the $4K-6K on it.

An addl thing working in your favor is obviously not a ton of Lamelo autos surfaced to this point, so maybe more on the high end of that range.

And maybe one factor semi working against you is the Lamelo autos are all redemptions, so never went through packs, were pulled/handled (other than Lamelo/Panini). Accordingly, Id imagine more of those are likely to have better 'PSA 10 possibility' priced in to the raw cards. Which is why you wont see nearly those multiples on PSA 10 lamelo autos as you would some of the other types of cards mentioned in the thread.

[Clyde725]

Try looking at the multipliers for as similar a card as you can get. For example, looks like a PSA 10 for the same Anthony Edwards card sold on March 23 for $1,900, while the last few raw versions sold for around $870. That's a multiplier of 2.13.

Using your $3,450 number for the LaMelo and the 2.13 multiplier, you'd get about $7,400. That's a rough estimate, but my guess is that it's much closer than what you're getting.

[WYTMKE]

As we all know a car's value is also based on a player's fan base and we know lamelo has a bigger following than Anthony or halliburton of course makes his cars more desirable even if I did 3x the raw value of this card the last raw sold for 3450 maybe there's something going on in the market that we don't know about lol

[sportzluvr1]

Originally Posted by WYTMKE

As we all know a car's value is also based on a player's fan base and we know lamelo has a bigger following than Anthony or halliburton of course makes his cars more desirable even if I did 3x the raw value of this card the last raw sold for 3450 maybe there's something going on in the market that we don't know about lol

You seem to already have an idea in your mind of what its worth. Roll with it.

[mc1]

List it for 25k.

Good luck with your sale!

[sethc1020]

Originally Posted by WYTMKE

As we all know a car's value is also based on a player's fan base and we know lamelo has a bigger following than Anthony or halliburton of course makes his cars more desirable even if I did 3x the raw value of this card the last raw sold for 3450 maybe there's something going on in the market that we don't know about lol

Yep that's probably it, card is definitely worth $24k