Invest in George Mikan and Honus Wagner

Welcome to the Sports Cards Insider – FREE VERSION.

Today’s write-ups are courtesy of a new writer – Horacio Ruiz. Welcome, Horacio!

He did a deep dive into two assets that are IPOing at Collectable this week:

  • 1948 Bowman George Mikan PSA 7 on Monday, August 30th at 2:30 PM ET
  • 1910 Tip Top Bread Honus Wagner PSA 5 on Tuesday, August 31st at 2:30 PM ET

1948 Bowman George Mikan PSA 7

About the Asset

This is a 1948 Bowman George Mikan Rookie PSA 7 with a PSA population count of 41, excluding two Qualifiers. For the purposes of this article, we will be referring to versions of the card without ink variations. According to PSA, there are 28 higher grades when excluding qualifiers that break down to 23 Grade 8’s, four Grade 9’s, and one Grade 10.

The iconic card image of Mikan dribbling down court comes from a signed Type I photograph that Collectable IPO’d in April at an Initial Market Cap of $54,000. The current Market Cap for that photograph is down 27% to $39,420.

If you were signed up to Insider (start a free trial), you’d also learn:

  • Projected future growth
  • Asset class ROI, volatility and risk statistics
  • Detailed valuation with recent sales
  • Our verdict

 

About the Drop

This asset will drop on Collectable at 2:30 PM ET on August 30th, 2021 for $39,750. There is no retained equity. Collectable has been scheduling their IPOs for trading around 3 months after they fund, though recently some assets have been pushed back further than that.

Add IPO to calendar

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About George Mikan

George Mikan is a legendary figure in the creation of the NBA as we know it today. Adam wrote about him a few months ago when his Type I autograph was IPO’d on Collectable.

Recent Sales and Current Valuation

[Detailed Valuation for Insiders Only]

Verdict

While the PSA 7 population is undoubtedly low, it would be much more interesting and potentially lucrative to invest in the Mikan rookie card in a Grade 9 or in the only PSA Grade 10 in existence if it ever comes to market.

[Full Evaluation for Insiders Only]

1910 Tip Top Bread Honus Wagner

About the Asset

This is a 1910 Tip Top Bread Honus Wagner baseball card graded a PSA 5. Out of 32 total submissions, there are a total of three PSA 5 grades with none graded higher. There are also three SGC 5 grades and two SGC 5.5 grades out of 31 total submissions. This puts the total population of Grade 5 cards between PSA and SGC at six, with only two SGC 5.5’s graded higher.

This set of the World Series Champion 1909 Pittsburgh Pirates was released regionally and accounts for the low population count when compared to the more well-known T206 set. Wagner’s portrait is based off the same photograph that appears in his famous T206 version. The 1910 Tip Top Wagner version compares favorably in scarcity to the T206 Wagner with 63 total submissions between PSA and SGC, and a total of 49 T206 submissions between PSA and SGC.

If you were signed up to Insider (start a free trial), you’d also learn:

  • Projected future growth
  • Asset class ROI, volatility and risk statistics
  • Detailed valuation with recent sales
  • Our verdict

About the Drop

This asset will drop on Collectable at 2:30 PM ET on August 31st, 2021 for $89,900. There is $14,900 of retained equity leaving $75,000 available. Collectable has been scheduling their IPOs for trading around 3 months after they fund, though recently some assets have been pushed back further than that.

Add IPO to calendar

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About Honus Wagner

According to Ty Cobb, Honus Wagner had as good a credentials as any ballplayer to be considered the greatest to ever take the field. The “Flying Dutchman,” as he was known, led the National League in batting average eight times and in slugging percentage six times, all while accruing 3,420 hits, 1,732 RBI, and 723 stolen bases. He was also, by all accounts, a superb shortstop. “There is a good argument to make that the Gold Glove should be named for him, that’s how revolutionary his defense was…” wrote baseball writer and historian Joe Posnanski.

Wagner was one of the first five players inducted into the National Baseball Hall of Fame, tying Babe Ruth with the second-most amount of votes among writers, behind only Cobb. His legacy has continued to live on among baseball fans and sports card collectors as his T206 tobacco card is considered the Holy Grail of all trading cards with the most recent $6.606 million sale of his T206 SGC 3 through Robert Edward Auctions. Honus Wagner is now as synonymous with the fortunes of the trading card industry as he is with baseball greatness.

Recent Sales and Current Valuation

[Detailed Valuation for Insiders Only]

Verdict

An identical PSA 5 card is currently listed at Rally Road for $100,000, so if you are interested, this is the better offering to invest in.

[Full Evaluation for Insiders Only]

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Author

Horacio Ruiz

Horacio Ruiz

Horacio is a veteran math teacher of the New York City public school system. Prior to teaching, he lived in New Orleans where he worked in sales for the New Orleans Hornets before joining The Institute for Sport and Social Justice to rebuild homes in the Lower Ninth Ward and neighboring St. Bernard Parish. He currently lives in Staten Island with his wife, Alicia, his three sons; Oliver, Henry, and Jacob, and their pitt-mi,x Tipitina. In 2019, Horacio published a biography, The White Knight: Calvin Patterson and the Integration of Florida State University Football.

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