Worst buy of all time??

[stasman]

So today, I was remembering when Spawn creator Todd Mcfarlane bought Mark Mcqwire's 70th homerun ball in 1998 for 3 million dollars....now in 2014 how much is that ball really worth....I know most of you are true collectors with a lot of knowledge of the business, could this have been the worst financial sports memorabilia purchase ever??? What do you think?

[danesei@yahoo.com]

I don't think so, as it garnered him a lot of publicity, which he was able to leverage into McFarlane Toys.

[ShaimOnYou]

IMO, it was. For the sheer devaluation factor alone.

The resale value would likely drop over 67% if McFarlane ever chose to sell it. It's a tarnished item, hit by a player who admittedly "used steroids my entire career".

It is, however, still the first 70th home run ball hit in a single season in MLB history, tainted or not. Some will always value that fact. And, if the "steroid era" players are somehow accepted one day as "the best players of their era, enhanced or not" and are somehow elected into the Hall after a forgiveness campaign by a veteran's committee with a different mindset other than the one we see today, than maybe the ball gains back a bit of it's luster?

[Roady]

Whoever owns that trimmed Honus Wagner card is in contention for worst buy of all time I would think.
http://www.nydailynews.com/sports/i-...icle-1.1482098

[rdeversole]

Whoever owns that trimmed Honus Wagner card is in contention for worst buy of all time I would think.
http://www.nydailynews.com/sports/i-...icle-1.1482098

+1

[Misha]

According to the above link:

"It currently belongs to Arizona Diamondbacks owner Ken Kendrick, who paid a record $2.8 million for it in 2007."

[Jags Fan Dan]

So today, I was remembering when Spawn creator Todd Mcfarlane bought Mark Mcqwire's 70th homerun ball in 1998 for 3 million dollars....now in 2014 how much is that ball really worth....I know most of you are true collectors with a lot of knowledge of the business, could this have been the worst financial sports memorabilia purchase ever??? What do you think?

Would that ball even get 6 figures now in an auction setting?

[Roady]

According to the above link:

"It currently belongs to Arizona Diamondbacks owner Ken Kendrick, who paid a record $2.8 million for it in 2007."

Ouch!
And I didn't even read all of my own link.

[stasman]

Would that ball even get 6 figures now in an auction setting?

That's what I was thinking...being its way out if my price range, would a $$ collector pay big bucks for it? I wonder what it's value is now???

[swainer]

Maybe not the worst but surely in the top 5 is whomever ends up with the Lesean McCoy 20 cent tip receipt. As Ken stated in another thread, odds are high the winning bid will be retracted but $100K and climing??? C'mon man!

http://www.ebay.com/itm/331318749411?afsrc=1

Peace,

John