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Mastro and Indian Gum

December 19 2008 at 7:05 AM
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  (Login DanCalandriello)

Just checked the most interesting lot at Mastro.
...Indian Gum with quite a few 288s.
.....It hammered down at 13,000 + the 18% bidder premium.

Any thoughts ?

 
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(Login egbeachley)

Re: Mastro and Indian Gum

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December 19 2008, 8:07 AM 

Just one thought crossed my mind.....Dan has lots of duplicates that he will never get rid of.

 
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(Login DanCalandriello)

well

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December 19 2008, 8:20 AM 

My guess is that there are a few older collectors that
could come close to duplicating that lot and selling
for JUST $12,000 (and no 18%)

Just thinking out loud !!

Seriously, that lot was a bargain for anyone going for
a master set


 
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(Premier Login autograf)
Forum Owner

I would have LOVED to have bought them...........

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December 19 2008, 8:49 AM 

and had an early bid in but just didn't see the 15.6K although it's probably a great value. Discussing it with a couple people beforehand, they felt it was a $20-$25K lot. I don't have the experience to make that decision but know that MANY of those tough cards bring big bucks......

 
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(Premier Login autograf)
Forum Owner

Picked up...............

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December 19 2008, 8:57 AM 

a lot................

[linked image]

More than I wanted to pay buy a hair or two but I have the N78 set (needing a few upgrades) and this one looks nice overall. Will make a nice addition. Bid on a LOT of other items and thought there were few 'steals' or good deals in nonsports for sure. The economy isn't THAT bad apparently......did think the Indians were a little cheap for sure.


 
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(Login DanCalandriello)

The Indian Gum master set --my last three toughies

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December 19 2008, 9:01 AM 

The last three Indian Gum cards for my master set were
all from the series of 288 - - - 126, 130 and 131

That lot had one of the three, I think.

And one more thank you, Marty Krim, for that last tuffie.
(old elephants never forget)

 
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(Login 030190)

INDIAN GUM - DAN

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December 19 2008, 6:01 PM 

No problem Dan...

who knows, I may have to count on you at some near or future date as I currently have 407/432.

 
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(Login danmckee)

Re: Mastro and Indian Gum

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December 19 2008, 9:42 PM 

Yes 1 thought, I LOST! BUMMER!!

 
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(Login DanCalandriello)

times $change$

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December 20 2008, 9:25 PM 

Got this off the internet...I think it said 1995 Mastronet auction

R73 "Indian Gum" high grade complete set (216) $18,705.00;

================================================================

Marty, should I see how close I can come to a second 432 set ?




 
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(Login 030190)

INDIAN GUM - DAN

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December 21 2008, 12:04 AM 

Dan:

I suppose I should encourage you to go for a second Master Set if you want to....but I am to shallow for that.

Imagine if YOU get a complete second set BEFORE I get my set completed.

I would have to switch to PAPER DOLLS !!

 
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(Login jvb6034)

Re: Mastro and Indian Gum

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December 21 2008, 8:50 AM 

Marty,

Now you're talking! Let us know when you make the switch!

[linked image]

 
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(Login 30s_non-sport_gum)

Re: Mastro and Indian Gum

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December 21 2008, 9:13 AM 

Dan, my hypothesis is that the 432-card Indian Gum master set may always be unlikely to fetch its full "intrinsic value" (ie, value of all those individual, rare cards in the master set) because its unlikely there will ever be enough serious bidders, at any one time, to drive the price up, when this unusual item comes onto the market. 

On the other hand, the standard 216-card R73 set is, I think, by its nature more attractive to the general market.  Most vintage nonsport collectors should want one, either by building one or buying, and won't have to pay the premium associated with the rarer cards in the master set, like the Series of 288s and the white background portrait Series of 312 cards.  The price is not cheap, but it's not so bad that it would drive folks away . . .

Some speculation:  I wonder how much the Mastro winner could theoretically raise in selling off the 'extraneous' 200+ cards from the Mastro set, leaving a super-bargain net price for a very high grade 216-card basic set?  (Lest Denis Kramer, father of that master set, feels a coronary coming on, please relax, buddy.  Just playin' around, here!)

When you consider that almost one third of those cards that would be sold are really tough ones (48 x S288;  24 x S312 white background portrait cards), this subsidy might be very significant.  Say, $125 each for the 24 lower S288s in unusually nice condition; $75 for the 24 higher ones; and perhaps say $100 each for the 24 white S312s in higher grade.  There's something like $7k in recovered cost, give or take, and that's based on VERY conservative pricing (the low S288s if graded and in high condition can bring multiples of those price guesses) . . .

Just some random thoughts on a wintry morning!


 
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(Login DanCalandriello)

my second master set ----poor Danny

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December 21 2008, 3:32 PM 

Marty, I don't know why I never checked before.

I gathered all my "junkers" and after many hours of checking,
came up with just 398 of 432.

You are too far ahead of me for me to catch you in my lifetime.

Good luck.

===========================
My guess is that Ralph, with all his super 288 pickups this year,
is sitting there smiling, as he has more than both of us combined.

Good luck to you, too, Ralph



 
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