Dmitri Young’s PSA 10 card collection is about to be parted out and shipped to dozens of buyers who ponied up more than $2.3 million combined over the weekend. It crossed a wide spectrum—from the 1948 Stan Musial to shiny modern stuff. SP Derek Jeter aside, the stars of this show were the marquee rookie cards of the 1950s and 60s that set new records.
The sale of dozens of vintage rookie cards illustrated the power of the PSA Set Registry, the immense lure of owning the only one of something and the fact that there is a lot of money out there and ready to be spent on old baseball cards.
Does a rising tide lift all boats? If you own a PSA 9 graded Roberto Clemente rookie card, is it now worth a lot more because the ‘10’ sold for over $400,000?
It bears watching.
The attention Young’s cards got will undoubtedly push at least a few outsiders into the hobby. Most won’t be able to afford a similar type of card but will be thrilled to know they can own one that for all intents and purposes is just as nice. In other words, PSA 9 Clementes and Hank Aarons now look like incredible bargains.
The selling prices for some of the best rookie cards in the Young collection were so cartoonishly above their ‘9’ counterparts, you can’t attribute the entire affair to two guys fighting to have their sets ranked number one on the Registry.
1955 Topps Clemente $36,311 ($432,690)
1954 Topps Aaron $22,098 ($357,594)
1954 Topps Banks $11,740 ($142,836)
1948 Bowman Musial $8,947 ($129,850)
1963 Topps Rose $8,214 ($157,365)
1969 Topps Jackson $3,704 ($115,242)
Keep in mind most of the big spenders and registry set collectors already have a ‘9’. To think that they’ll jump by thousands the next time they come to auction isn’t realistic. Many of those ‘mint’ condition cards compare favorably to ‘gem mint’ 10s, though. In light of the auction results, it’s safe to assume some of those might be already on their way to PSA for a review.