T206 Walter Johnson Portrait PSA 9

The PSA 9 T206 Walter Johnson Portrait that was being auctioned off on eBay has ended without a sale.

A few posts ago I mentioned that there was a PSA 9 T206 Walter Johnson portrait being sold on eBay and that I might do a follow up on it after it ended.  Well, the auction ended and the card did not meet the reserve.

The bids were strong getting 33 bids up to $89,188.86.  That's a decent price but the seller wanted more apparently.  I know I would if it were my card. 

 

 

This card has been skyrocketing in value the last few years.  In fact, two different PSA 9 Johnson portraits sold in 2018 by Heritage Auctions and they realized $108K and $114K with buyer's premium.  So this one could've gone much higher than $89K. 

The reserve likely kept some bids away as potential bidders sometimes assume the reserve is going to be a ridiculous number and won't be reached anyway. 

Let's see if it resurfaces on eBay again with a lower reserve or no reserve and see what happens.  

Enjoy the hobby all...it's a great one.