Quote:
Originally Posted by EddyB66
That's awesome.
How long did it take you to complete the collection?
How did you know it existed, being so rare?
Are you selling?
It took me about 10 years to assemble the complete set. I was stuck at eight of 11 cards for about 5-6 years. But it's not like those are the only cards i collect, so I was not obsessed and spent every waking moment scouring eBay or auction houses for the final three cards. I knew there was a good chance neither Lorenzen card nor Bobby Alllison would ever show for sale.
In card collecting, baseball is and always will be king. The T206 Honus Wagner card is the most famous sports card of all-time. There are numerous cards that are far more rare than a Wagner T206, but the Wagner card is from the most popular set of its era and has a great back story for why it is scarce. There are numerous sports cards of which only one example exists (or only a few examples).
Beyond the Wagner T206, there are numerous baseball cards that sell for $50,000-100,000+. There are baseball cards of players who 99.99 percent of the public has never heard of, but sell for five and six figures because they are from rare or obscure sets. I do have a couple rare baseball cards, but I can't compete money wise with deep-pocketed stick and ball collectors.
I like racing cards or cards outside the big four sports because even the really rare and impossible to find is relatively accessible financially for a regular working person. I also love history. I have a list of about 25-30 cards on my want list that I would like to acquire some day and are financially realistic. I do realize, however, that many of the cards on my want list will never show up for sale or at auction.
I first learned about the 1972 STP set because I post on a couple of sports card message boards, and I have seen rankings of the most desirable racing cards to have. I was also intrigued by the set because card grading company PSA lists a rough price guide (much of which is notoriously inaccurate) for popular sets, and the 1972 STP set is the first auto racing set for which PSA includes any prices.
The message board thread that really got me interested in the 1972 STP set and the rarities of the Lorenzen cards from that set was a 2014 thread in which long-time racing card collect Jon Hardgrove mentioned his 26-year search for the two Lorenzen cards. I have since talked to a couple other collectors on the phone who have also collected the set, and they told me about the set being distributed at the 1972 Daytona 500, and that the Lorenzen with car card is nightmarishly difficult to find.
http://www.network54.com/Forum/52660...ish+for+%3B%29
Another long-time collector of the set told me that he thinks the Allison card is just as tough to find, but it doesn't have the reputation that the Lorenzen with car card has.
I want to keep my one compete set intact, since I just had it graded by PSA in December. But I do have a few doubles that I wouldn't be opposed to selling. The two most common cards in the set are Buddy Baker and Elmo Langley. Those two cards can usually be found for $20-30 at auction. The bulk of the set sells for around $75-150 individually when one of the cards hits auction. Richard Petty is usually around a $125-150 card, depending on condition.
Bobby Allison is anywhere from a $500-1,000 card, but it has been a while since an Allison card showed up alone at auction. My Lorenzen with car card was a little over $1,200 at auction. My own personal rule is never to spend over $1,000 on any individual card, but I broke that personal rule for the Lorenzen with car card. I figured another one might never show up for sale, and I didn't want to lose it over a couple hundred dollars.
Most of the cards in my collection are $200-400 cards. I am a very, very tiny fish when it comes to card collecting. it blows my mind how much money there is at the upper levels of the hobby, and how many cards sell for $10,000+.