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Old 05-09-2020, 10:33 PM   #1
Foo3112
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Default 2011 Topps Update Mike Trout

With prices now crossing over the 3K territory, the question has got to be asked: Is this long over due or is this mainly due to "buyers group"?

I am going to go with long overdue (and well deserved). If the 2018 Ronald Acuna Bat Down card can fetch 2K today, then the Trout Topps rookie from 2011 certainly should be more. I think the Trout was ready for a major bump in price. Now how high will it go, it's anyone's guess but I feel we are just getting started.
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Old 05-09-2020, 10:40 PM   #2
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The buyer's group thing is getting old. Gary V brought a lot of people into the hobby with his podcasts and writings, so it's no surprise. Laying every price increase at the feet of some kind of clandestine buyers group is starting to sound a bite puerile.

By the way foo, not directed at you as you have said it was overdue, but many out there like to assign any price increase to a buyers group.
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Old 05-09-2020, 10:42 PM   #3
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Cards are cool again
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Old 05-09-2020, 10:47 PM   #4
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I always felt like there weren’t enough Trout card threads

Let’s make a thread for each key Trout RC
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Old 05-09-2020, 10:51 PM   #5
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I always felt like there weren’t enough Trout card threads

Let’s make a thread for each key Trout RC
Trout Topps Pro Debut: 2010 or 2011?
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Old 05-09-2020, 11:07 PM   #6
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I'm just here for the word puerile

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Old 05-09-2020, 11:09 PM   #7
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Trout Topps Pro Debut: 2010 or 2011?

2010.
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Old 05-10-2020, 02:25 AM   #8
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I'm just here for the word puerile

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Isnt that the hand sanitizer?
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Old 05-10-2020, 02:53 AM   #9
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Trout rcs were the last years before Topps really started mass producing every rookie. Now theres like 35 colors in Bowman chrome. 2009 it was the normal rainbow with no waves or bull #@#@#@#@. In 2011 Trouts rcs were only in a handful of products, and it was one of the last years that Topps update was the true product to own a rookie from. Now they have topps chrome update, topps chrome, topps chrome sapphire, and so on. So i can def. see Trouts rcs just continuing to move up.
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Old 05-10-2020, 03:46 AM   #10
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i pulled the regular and the walmart blue version out back in 2011 or whenever they came out, had them sitting in a box for a while until i found out who Trout was lol

insane.
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Old 05-10-2020, 07:09 AM   #11
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Trout rcs were the last years before Topps really started mass producing every rookie. Now theres like 35 colors in Bowman chrome. 2009 it was the normal rainbow with no waves or bull #@#@#@#@. In 2011 Trouts rcs were only in a handful of products, and it was one of the last years that Topps update was the true product to own a rookie from. Now they have topps chrome update, topps chrome, topps chrome sapphire, and so on. So i can def. see Trouts rcs just continuing to move up.
Hes got 7 RC cards to be exact
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Old 05-10-2020, 07:24 AM   #12
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what's even more puzzling to me is the 2012 Topps Update Mike Trout.
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Old 05-10-2020, 07:40 AM   #13
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I always felt like there weren’t enough Trout card threads

Let’s make a thread for each key Trout RC
Lol so true. It’s like people get a though and RUN to post nonsense.
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Old 05-10-2020, 07:41 AM   #14
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what's even more puzzling to me is the 2012 Topps Update Mike Trout.
With the rookie cards taking off I think either early examples in high grade are about to see a spike.
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Old 05-10-2020, 07:47 AM   #15
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what's even more puzzling to me is the 2012 Topps Update Mike Trout.
2001-02 Tom Brady
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Old 05-10-2020, 07:50 AM   #16
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I am not sure if these prices will be sustainable or if there is much more room to grow on them. However, I thought the same thing when they hit $100.

I will say, I missed the Trout boat, sold all I had at $20 each many years ago, and now own zero, so yes that does make me mad, but it is not what drives my thinking. My thinking is because of this:

There are 7216 PSA graded 2011 Update Mike Trouts. 4738 of which are PSA 10.
There are 1375 PSA graded 1952 Topps Mickey Mantle.

That is almost 3 1/2 times the amount of ALL Mickey Mantles as there are just PSA 10 Trouts.

A PSA 10 Trout is now about $3200.
Mantle prices are all over the place based on trade, eye appeal etc but an authentic horrible looking one sold on 5/7/20 for $5878, a PSA 1.5 sold on 3/28/20 for $2010!!!

Is it really feasible that Trout, while he is still alive and still playing is about to surpass the most iconic card from the most iconic Topps set in baseball? It is because of this, that I feel these Trout cards can not sustain.
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Old 05-10-2020, 08:07 AM   #17
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Originally Posted by dashcol View Post
I am not sure if these prices will be sustainable or if there is much more room to grow on them. However, I thought the same thing when they hit $100.

I will say, I missed the Trout boat, sold all I had at $20 each many years ago, and now own zero, so yes that does make me mad, but it is not what drives my thinking. My thinking is because of this:

There are 7216 PSA graded 2011 Update Mike Trouts. 4738 of which are PSA 10.
There are 1375 PSA graded 1952 Topps Mickey Mantle.

That is almost 3 1/2 times the amount of ALL Mickey Mantles as there are just PSA 10 Trouts.

A PSA 10 Trout is now about $3200.
Mantle prices are all over the place based on trade, eye appeal etc but an authentic horrible looking one sold on 5/7/20 for $5878, a PSA 1.5 sold on 3/28/20 for $2010!!!

Is it really feasible that Trout, while he is still alive and still playing is about to surpass the most iconic card from the most iconic Topps set in baseball? It is because of this, that I feel these Trout cards can not sustain.
Comparing PSA 10 to PSA 1s in a hobby obsessed about condition hardly seems appropriate
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Old 05-10-2020, 08:14 AM   #18
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Comparing PSA 10 to PSA 1s in a hobby obsessed about condition hardly seems appropriate
It’s more about the pop report and the scarcity.

Do you really think that a PSA 10 copy of a 9 year old card with over 4,000 copies can sustain the same or higher values as aN almost 70 year old card with less than 2,000 total PSA graded copies of one of the most iconic cards of one of the most iconic players?

Grading was abundant when the Trout Update rookie came out. Grading wasn’t abundant until 50 years after the Mantle came out.

Cards were not as collected when the Mantle came out as they were in 2011. Card condition was also not a concern when the Mantle came out.

With that said, I believe yes in this case a PSA 10 can be compared to a PSA 1.5.

We are all welcome to our own opinions, this is just my take on it.
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Old 05-10-2020, 08:36 AM   #19
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Originally Posted by dashcol View Post
I am not sure if these prices will be sustainable or if there is much more room to grow on them. However, I thought the same thing when they hit $100.

I will say, I missed the Trout boat, sold all I had at $20 each many years ago, and now own zero, so yes that does make me mad, but it is not what drives my thinking. My thinking is because of this:

There are 7216 PSA graded 2011 Update Mike Trouts. 4738 of which are PSA 10.
There are 1375 PSA graded 1952 Topps Mickey Mantle.

That is almost 3 1/2 times the amount of ALL Mickey Mantles as there are just PSA 10 Trouts.

A PSA 10 Trout is now about $3200.
Mantle prices are all over the place based on trade, eye appeal etc but an authentic horrible looking one sold on 5/7/20 for $5878, a PSA 1.5 sold on 3/28/20 for $2010!!!

Is it really feasible that Trout, while he is still alive and still playing is about to surpass the most iconic card from the most iconic Topps set in baseball? It is because of this, that I feel these Trout cards can not sustain.
Link?????
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Old 05-10-2020, 08:41 AM   #20
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Originally Posted by dashcol View Post
I am not sure if these prices will be sustainable or if there is much more room to grow on them. However, I thought the same thing when they hit $100.

I will say, I missed the Trout boat, sold all I had at $20 each many years ago, and now own zero, so yes that does make me mad, but it is not what drives my thinking. My thinking is because of this:

There are 7216 PSA graded 2011 Update Mike Trouts. 4738 of which are PSA 10.
There are 1375 PSA graded 1952 Topps Mickey Mantle.

That is almost 3 1/2 times the amount of ALL Mickey Mantles as there are just PSA 10 Trouts.

A PSA 10 Trout is now about $3200.
Mantle prices are all over the place based on trade, eye appeal etc but an authentic horrible looking one sold on 5/7/20 for $5878, a PSA 1.5 sold on 3/28/20 for $2010!!!

Is it really feasible that Trout, while he is still alive and still playing is about to surpass the most iconic card from the most iconic Topps set in baseball? It is because of this, that I feel these Trout cards can not sustain.

This same argument was made when his card was < $1,000. It’s all about supply and demand when it comes to his PSA 10. Do you think there are more than 5,000 collectors who want to own a PSA 10 Trout RC? I would think there is...


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Old 05-10-2020, 08:41 AM   #21
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I don't really think those two comparisons (52 Mantle and 2011 Trout Update) go well together. The Mantle is a card (as previously mentioned) which it's sales are based on eye appeal. Not all Mantles are the same. The same cannot be said with Trout. All Trout PSA 9's, 10's sell at the same market value regardless. They will go up together or they all go down together in price based off their assigned grade.

Mike Trout is the most dominant player in baseball and continues to prove this each and every year. It's about time prices increase. I feel like those who are debating this is because they don't own one. For the folks who do own one (like myself), this is great for us to see but even on cards I don't own, like the 09 Bowman Chrome Auto, I can certainly appreciate it and see why the way prices are they way they are. When you have Lebron and Jordan cards rising in price, then why not the best player in baseball. Why not? It would just make sense.

For those who also argue that the prices aren't sustainable, well it looks like people are indeed paying the 3K price tag. Also, many people argued that prices couldn't be sustainable when they jumped over the 2K mark. Look how that turned out. Same thing was said with the 2018 Topps Sapphire Acuna. There were collectors on these boards (who are still active here today) who I remember saying that when it hit $1500, that it was too much. Then it jumped to 3K and it was overpriced. Look how that turned out as well. Today it sells between 5 & 6K today (and its still going to climb).

This cant all be random sneaker head investors buying this up. People who have been collecting for years are buying also because they don't want to get left behind, even at 3K mark because this card will eventually reached 4K. It could be in another two weeks or in another 5 years but it will get there. Prices aren't dictated on what you think they should be. It doesn't work like that. Just because you wouldn't buy it at that prices doesn't mean that someone else wont. And its not like these cards are sitting at 3K on eBay and collecting dust. People are buying because they don't want to buy it when it's 4K.
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Old 05-10-2020, 08:41 AM   #22
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Quote:
Originally Posted by dashcol View Post
It’s more about the pop report and the scarcity.

Do you really think that a PSA 10 copy of a 9 year old card with over 4,000 copies can sustain the same or higher values as aN almost 70 year old card with less than 2,000 total PSA graded copies of one of the most iconic cards of one of the most iconic players?

Grading was abundant when the Trout Update rookie came out. Grading wasn’t abundant until 50 years after the Mantle came out.

Cards were not as collected when the Mantle came out as they were in 2011. Card condition was also not a concern when the Mantle came out.

With that said, I believe yes in this case a PSA 10 can be compared to a PSA 1.5.

We are all welcome to our own opinions, this is just my take on it.
I think 52 Mantle was the iconic card of one generation. The 2011 update trout is the iconic card for a younger generation. Couple that with 1) Trout arguably being a better player than Mantle (so far), 2) new money in the sports card market, and 3) higher premiums for high end graded cards, these prices make sense.

I think there is plenty of room to grow for the US175.

Edit: disclaimer, I am a Trout fan and personally collect his cards
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Old 05-10-2020, 08:57 AM   #23
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Quote:
Originally Posted by dashcol View Post
I am not sure if these prices will be sustainable or if there is much more room to grow on them. However, I thought the same thing when they hit $100.

I will say, I missed the Trout boat, sold all I had at $20 each many years ago, and now own zero, so yes that does make me mad, but it is not what drives my thinking. My thinking is because of this:

There are 7216 PSA graded 2011 Update Mike Trouts. 4738 of which are PSA 10.
There are 1375 PSA graded 1952 Topps Mickey Mantle.

That is almost 3 1/2 times the amount of ALL Mickey Mantles as there are just PSA 10 Trouts.

A PSA 10 Trout is now about $3200.
Mantle prices are all over the place based on trade, eye appeal etc but an authentic horrible looking one sold on 5/7/20 for $5878, a PSA 1.5 sold on 3/28/20 for $2010!!!

Is it really feasible that Trout, while he is still alive and still playing is about to surpass the most iconic card from the most iconic Topps set in baseball? It is because of this, that I feel these Trout cards can not sustain.
Lots of new money coming into the hobby. A lot of those kids who collected during the junk wax era are now finding their way back, and have a lot more disposable income as adults in their 40s.

Many of the people collecting Trout have no interest and/or unaware of the prices for a 1952 Mantle. In my opinion, the 2 are unrelated.

Take a look at basketball for where modern baseball card pricing could end up, and I think is heading, for baseball (as Khal points out).

Last edited by rfgilles; 05-10-2020 at 11:46 AM.
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Old 05-10-2020, 11:00 AM   #24
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Originally Posted by solt0131 View Post
what's even more puzzling to me is the 2012 Topps Update Mike Trout.
What puzzles you about the card?
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Old 05-10-2020, 11:21 AM   #25
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More money flooding into the hobby is a good thing. Will some folks get caught buying at the height of the market....maybe. Things just keep pushing higher.

We rely on ebay data points for the most part. How many of these bigger graded rookies that are rocketing up are ACTUALLY getting paid for? Auctions and BINs without immediate payment allows for easy manipulation.
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