Thread: Nagy Collection
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Old 07-25-2005, 02:59 PM
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Default Nagy Collection

Posted By: Ted Zanidakis

HAL

Great observation....Frank was on the "leading edge" when it came
to "user friendly" auctions. Nowadays, as you know, most auctions
increment bids by 10%. I guess these people do not understand the
power of compounded interest. It's great for your savings account
but terrible in a contentious bidding environment.

I saved all my notes from Frank during the '70s into the late '80s.
Everytime he mailed you the cards you won he would enclose some sort
of note. Just one more story to add:

A bidder had reneged on a US Caramel Lefty O'Doul, that I had also
bid on. I had just won several hundred $$ worth of cards from Frank's
mail auction (that was a lot of cards back then); and, Frank included
the O'Doul for half of what I bid for it.

Oh, I must add this final comment....Frank would always send you the
cards you won on APPROVAL. Upon receiving them, you would send him
payment. That's unheard of nowadays. He was a great credit to this hobby.
I never met him in person, but for 14 years I felt like he was a close friend.


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