View Full Version : Ouch!
Bicem
05-28-2014, 09:51 PM
Thoughts on this piece? Studio prototype or just fan made? Big price drop from before...
http://legendaryauctions.com/LotDetail.aspx?inventoryid=158575
http://legendaryauctions.com/LotDetail.aspx?inventoryid=164371
(just closed at $4250 plus the juice)
Brian Van Horn
05-28-2014, 10:12 PM
Somebody didn't just take a bath on the deal. They took a tsunami.
Thin market.... A lot of us live it.
irishdenny
05-29-2014, 03:48 AM
WoW!!!
I'm Not at All Pointing Any Fingers at Anyone... I'm just genuinely curious if Legendary had anything to do with the Low Opening Bid?
From $10,000 to $2,500 is quite the dip in a Reserve/Opening Bid on such a Unique piece.
Now I wish I pulled the Trigger and Placed the $4500 Bid that I talked myself out of... Sometimes the committee in my noggin' are no better than the 3 Stoogies tryin to out maneuver the Marx Brothers...
I just can't figure out why the consigner would allow for such a low opening bid. ..
"I Really Feel for the Consigner!!!" ~ Cause I feel terrible for Not Placing the Bid!
I can't imagine how they feel!?!?
Oh Well... Back to my E90-1's ; -)
bcbgcbrcb
05-29-2014, 04:19 AM
I think that the previous sale price was extremely high, probably two bidders going at it, and the true value for something like this is much closer to this year's selling price. Just my opinion...........
ullmandds
05-29-2014, 06:43 AM
Just another example of mafia intervention.
calvindog
05-29-2014, 06:51 AM
just another example of mafia intervention.
lolol!!!!!!
I think that the previous sale price was extremely high, probably two bidders going at it, and the true value for something like this is much closer to this year's selling price. Just my opinion...........
+1. very likely the guy who was outbid in spirited bidding ended up with a huge bargain. I've been on both sides of these, ecstatic when you are the winner and when you are the consignor you feel like you took a deadly gun shot to the midsection :-(
Runscott
05-29-2014, 11:28 AM
That's the first time I've seen the Matty photo used in his T206 portrait.
I didn't realize that so many of the T206 portraits came from Joseph Hall photographs.
Bicem
05-29-2014, 01:22 PM
Was thinking the same Scott, surprised there wasn't more interest from the t206 crowd.
Eric72
05-29-2014, 06:31 PM
The link to the August 2013 auction states that there was only one bid, and that it was (with the juice) over 70% more than the "opening bid."
What am I missing?
Bicem
05-29-2014, 06:39 PM
Maybe b/c it was the Live auction and only one phone bid? Not sure.
Another factor that may have played into the overall exposure for the item: lot #6 in the first sale, lot #599 in the 2nd.
Eric72
05-29-2014, 07:12 PM
But, if there was only one bid, then the bidding war theory doesn't hold water. Additionally, why would the one and only bid be so high above the opening?
I am sure that I am missing something, though. Just "thinking out loud" here.
Bicem
05-29-2014, 07:43 PM
Looks like most the Live Auction bid counts are low, they must not count floor bids on the website.
tschock
05-29-2014, 08:35 PM
But, if there was only one bid, then the bidding war theory doesn't hold water. Additionally, why would the one and only bid be so high above the opening?
I am sure that I am missing something, though. Just "thinking out loud" here.
Someone did a straight bid instead of a max bid???
benchod
05-30-2014, 08:20 AM
The live auction had a reserve that only one bid met.
That is the opening bid would not meet the reserve.
e107collector
05-30-2014, 08:28 AM
Speaking of ouch, look at what the T210 Joe Jackson SGC Auth ended at last night.
Hammered at $57.5K, $68K with juice.
Per description, consignor bought card for $92,800 in 2005.
If there was a consignment fee, the consignor lost around $40K from original purchase. Am I correct? Was it trimmed, or a bad factory miscut?
Tony
dog*dirt
05-30-2014, 08:45 AM
There was also another lot I was watching, the Perez Ashburn. I was curious why the open was only $2500 if a similar one sold for $13,000 in 2013
http://www.legendaryauctions.com/LotDetail.aspx?inventoryid=165384
This was an expensive cut from a composite team cabinet card too.....
http://legendaryauctions.com/1885_86_N_Unc_Mickey_Welch___SGC_30_GD_2-LOT165839.aspx
.
atx840
05-30-2014, 11:28 AM
Speaking of ouch, look at what the T210 Joe Jackson SGC Auth ended at last night.
Hammered at $57.5K, $68K with juice.
Per description, consignor bought card for $92,800 in 2005.
Tony
SCP had two newly found examples up for auction(Dec 2012/April 2013), likely took a few people off the market for the Auth example.
PSA 1.5 - 77k
https://catalog.scpauctions.com/LotDetail.aspx?inventoryid=21090
PSA 2 - 96k
https://catalog.scpauctions.com/LotDetail.aspx?inventoryid=21089
e107collector
05-30-2014, 11:45 AM
It's amazing what happens to the price of cards, when 1 or 2 bidders either enter or exit the bidding picture.
I think there are now 18-20 examples of the T210 Jackson.
glchen
05-30-2014, 05:49 PM
Talking about beatings, I saw this in the recent Mile High auction: Link (http://www.milehighcardco.com/1933-Blue-Bird-Babe-Ruth-PSA-85-NM-MT-LOT33969.aspx).
In the auction description for a 1933 Blue Bird Ruth PSA 8.5, the listing states that the consignor purchased this card from an ebay BIN for $18,000. It sold on Mile High for $4,751.67 after BP. A different one of these also graded 8.5 is now available on ebay for a mere 12.5K BIN: Link (http://www.ebay.com/itm/1933-Blue-Bird-Babe-Ruth-Front-View-PSA-8-5-/231235951199)
calvindog
05-31-2014, 07:14 AM
Speaking of ouch, look at what the T210 Joe Jackson SGC Auth ended at last night.
Hammered at $57.5K, $68K with juice.
Per description, consignor bought card for $92,800 in 2005.
If there was a consignment fee, the consignor lost around $40K from original purchase. Am I correct? Was it trimmed, or a bad factory miscut?
Tony
Hasn't that very card been auctioned off since it was first purchased in 2005?
e107collector
05-31-2014, 10:44 AM
Hasn't that very card been auctioned off since it was first purchased in 2005?
Jeff, you're correct. Here the link to Mastro 2008. Sold for $102K
http://www.legendaryauctions.com/LotDetail.aspx?inventoryid=89589
Here is the link to the Legendary one 2 days ago:
http://www.legendaryauctions.com/1910_T210_Old_Mill_Cigarettes_Joe_Jackson___SGC_Au-LOT166051.aspx
Tony
sporteq
05-31-2014, 11:36 AM
I think Hunt Auctions or Lifson were the first to auction this piece off. I can't remember how much it sold for.. It's an awesome display.
Al
calvindog
05-31-2014, 02:19 PM
Wow, a 34K drop in just a few years. Shame that Dougie couldn't shill this card up to what he did in 2008.
oldjudge
05-31-2014, 02:48 PM
Leon--interested--why do you think this was cut from a cabinet? If so, what cabinet?
"This was an expensive cut from a composite team cabinet card too.....
http://legendaryauctions.com/1885_86...LOT165839.aspx"
Leon--interested--why do you think this was cut from a cabinet? If so, what cabinet?
"This was an expensive cut from a composite team cabinet card too.....
http://legendaryauctions.com/1885_86...LOT165839.aspx"
Because I have seen a good picture of the cabinet before. It had multiple players on it in just that fashion. That is where the several Cinderella cards have come from, I believe.
oldjudge
05-31-2014, 06:34 PM
That is a new one for me. Do you have an image of the cabinet? It would have to be huge, since the card is Kalamazoo Bats size.
Exhibitman
05-31-2014, 09:31 PM
Wow, a 34K drop in just a few years. Shame that Dougie couldn't shill this card up to what he did in 2008.
Heh. Allegedly.
calvindog
05-31-2014, 09:51 PM
Heh. Allegedly.
LOL not anymore -- Bill claims it's all true. Doug will too, shortly.
I Only Smoke 4 the Cards
06-01-2014, 10:19 AM
Just another example of mafia intervention.
Hahaha! I wonder what that guy is up to?
oldjudge
06-02-2014, 03:31 PM
Tony--in all my T210s I have no card like the Jackson. I strongly believe that the TPG got it right and that the bottom is trimmed.
Jay
glchen
06-02-2014, 03:34 PM
Tony--in all my T210s I have no card like the Jackson. I strongly believe that the TPG got it right and that the bottom is trimmed.
Jay
I thought the sides were trimmed, especially when you look at the card from the back, the right side seems wavy.
Perhaps more like hand cut years ago. Not necessarily trimmed to deceive as we think of it now. But the sides are far from parallel and uniform.
oldjudge
06-02-2014, 03:52 PM
Scott--Agreed. I don't think the trimming was done to deceive.
e107collector
06-02-2014, 04:55 PM
Tony--in all my T210s I have no card like the Jackson. I strongly believe that the TPG got it right and that the bottom is trimmed.
Jay
Jay, thanks for the info. Never had the chance to examine a T-210 in person.
Based on my prior post, the card supposedly sold in Mastro 2008 auction for $102K in a PSA auth holder. Was that sale not legit? Any thoughts?
Tony
Jay, thanks for the info. Never had the chance to examine a T-210 in person.
Based on my prior post, the card supposedly sold in Mastro 2008 auction for $102K in a PSA auth holder. Was that sale not legit? Any thoughts?
Tony
That sale was legit. That Jackson is still a great card. It suffers from probably being hand cut a long time ago. I haven't seen too many like that but understand others have.
calvindog
06-03-2014, 08:56 PM
That sale was legit. That Jackson is still a great card. It suffers from probably being hand cut a long time ago..
Why do you think that sale was legit?
Why do you think that sale was legit?
If it is the one I believe it is I know the buyer very well. There is a chance it isn't but I am pretty sure it is.. The person I know bought an AUT and eventually upgraded it.