Do Collectors search out the old "Red Label" Moderns? 0

[gadzukes]

I just got these two in the mail today.  They were bonus comics thrown in on a lot I bought.  The auction didn't even show the labels so I was a little taken a back when I opened the package.

I was thinking of cracking them out because they're worthless in these grades, but I thought maybe they're worth something as early "red labels"?

Any thoughts?

Edited January 24, 2023 by gadzukes

[THE_BEYONDER]

On 1/24/2023 at 2:18 PM, gadzukes said:

The auction didn't even show the labels

And you bid anyway?

[gadzukes]

On 1/24/2023 at 4:44 PM, THE_BEYONDER said:

And you bid anyway?

These were just extras in the auction.  It was a big lot and these were just Bonus comics.  I was bidding to win the other comics.  They mentioned these but I didn't care about them and there were no photos of these, and I just thought they were going to be raw comics, so when these red labels came out of the box... I was like.... "Wow, you don't see those very often.

Edited January 24, 2023 by gadzukes

[OtherEric]

Now that you suggest it, I might pay $30 or so to get a red label book just to have an example of one, but what I would really be buying is the slab, not the contents.

[THE_BEYONDER]

On 1/24/2023 at 5:59 PM, gadzukes said:

These were just extras in the auction.  It was a big lot and these were just Bonus comics.  I was bidding to win the other comics.  They mentioned these but I didn't care about them and there were no photos of these, and I just thought they were going to be raw comics, so when these red labels came out of the box... I was like.... "Wow, you don't see those very often.

Ah.  That makes sense.  Kinda a nice little bonus of a time gone by.  

[valiantman]

On 1/24/2023 at 1:18 PM, gadzukes said:

I was thinking of cracking them out because they're worthless in these grades, but I thought maybe they're worth something as early "red labels"?

Any thoughts?

They're definitely worth more IN the slabs with the red labels than cracked out, simply because they are worthless cracked out (as you stated). There are few red label slabs remaining, so you'd basically be saving the gum and throwing away the baseball cards. 

On 1/24/2023 at 5:26 PM, OtherEric said:

Now that you suggest it, I might pay $30 or so to get a red label book just to have an example of one, but what I would really be buying is the slab, not the contents.

[ramrod44]

Red Label also means they were graded before the pressing craze so they are candidates if valuable enough.

I've seen a 7.5 pressed to a 9.6. 

[divad]

On 1/24/2023 at 3:26 PM, OtherEric said:

Now that you suggest it, I might pay $30 or so to get a red label book just to have an example of one, but what I would really be buying is the slab, not the contents.

Now THAT's strange! 

[OtherEric]

On 1/24/2023 at 7:54 PM, divad said:

Now THAT's strange! 

I don’t think anyone who knows me would argue with that assessment 

[gadzukes]

On 1/24/2023 at 6:26 PM, OtherEric said:

Now that you suggest it, I might pay $30 or so to get a red label book just to have an example of one, but what I would really be buying is the slab, not the contents.

Wait a minute..... what about "Buy the book not the label"? 

Edited January 25, 2023 by gadzukes

[Parabellum]

I’d pay a little more for a red label book.  I don’t re-slab books unless the there is damage.  For me it’s like preserving history. 

[PeterPark]

I'd definitely keep them slabbed...