On Saturday, eyes in the collecting world popped as a card of New York Yankees prospect Jasson Dominguez sold for $474,000 and a Zion Williamson card sold for $594,000.
How could someone pay half a million dollars for a card of a player who didn't exactly prove himself in Single-A, and for Williamson, who hasn't played this entire year and is a big question mark?
It was easy for the jokes to write themselves. Who in their right mind would pay these prices for these guys?
"I think the bigger point here is that one person doesn't dictate the value of something in an auction," said Ken Goldin, whose Goldin Co. sold the cards. "If there's just one person who wants to buy something, they'll get it cheap. There were multiple people who wanted these cards."
The Action Network asked Goldin if we could speak to the winner of either card. Goldin contacted the winner of the Dominguez card, who is high-end card collector and investor @shyne150.
"I've invested in his cards already," he said. "Before this 1/1 Superfractor came out, his best card was his Bowman Chrome red refractor in a BGS 10 (pristine) grade. I didn't sell it, but I had private offers of up to $350,000 nine months ago so I knew where his market once peaked at which would have made this $474,000 sale (for his best card) seem low."
Dominguez just completed his first year of professional baseball at 18 years old, hitting .258 with five home runs in A-ball. He's a consensus top-100 prospect across publications, but his ranking dropped from 2021 to 2022 in both Baseball America and The Athletic's rankings.
Final Sale Price: $474,000
An all-time record for any Jasson Dominguez card. pic.twitter.com/Q2W9XufNFf
— Goldin (@GoldinCo) February 6, 2022
The buyer, who Goldin confirmed paid in full for the card, says he does not mind taking on the risks associated with buying prospects at this price point and agreed that every card can't be looked at in a vacuum. A lot has to do with a whole investment portfolio.
He said he bought the 1/1 Wander Franco Superfractor for $100,000. Many thought that was too much at the time yet it’s market value today is in the $2 million-plus range.
"I'm not impatient," he said. "Dominguez has plenty of time and with rarity, player performance and market momentum combined this card has decent potential”.
As we were getting off the phone, the buyer of the Dominguez card revealed another shocker — he was the underbidder on the Zion card. Turns out @shyne150 is also the owner of the Zion card in a PSA 10. This was a BGS 9.5.
"I'm already very deep in on Zion," he said. "So I have to protect my investment. Plus, I wanted the card. I would have bought it at $500,000, but when the bid went higher, I figured after serious consideration that I would let the high bidder take it at $594,000.”
Said Goldin: "If you are going to be on Dominguez here, this will forever be his best card. And with Zion, it's one of a handful of his best cards in the 'second' best condition."
Well, someone isn’t giving up on Zion.
A bidder at @GoldinCo just bought this card for $594,000[ pic.twitter.com/a0UROTnIN9
— Darren Rovell (@darrenrovell) February 6, 2022