Old Judge auctions prices????

I am a little concerned with pricing in some of the auctions I have seen on this site. I am NOT saying there is any thing going on but the price per card is higher than normal.

Lot #132 and #133 are the specific lots I am refering to. All the other T205's seem to be close but with bidding still to be done these prices per card are not making sense. Has the economy turned that good???

Lot #132 Current bid for 16 T205 Gold Borders in ex-mt or better condition. The cards are as follows: Becker, Elberfeld, Graham (Rustlers), Hoblitzell ("Cin.") after stats), Hauser, Kroh, Leever, Lord, Mattern, Miller, Murphy, Phelps, Phillippe, Schulte, Street and Titus. Nothing special in this lot other than really nice cards. $2659. $2659/16= $166.19 a card

Lot #133 Current bid for 58 T205 Gold Borders in average excellent condition with several very good. The cards are as follows: Archer, Austin, Ball, Beck, Bell, Bergen, Blackburne, Bransfield, Bridwell, Byrne, Carrigan, Chase (Cycle back), Corridon, Criger, Daubert, Delahanty, Doolan, Dooin, Downey, Doyle, Egan, Evans, Ewing, Fletcher, Flynn, Foxen, Fromme, Gardner, Gaspar, Goode, Hemphill, Konetchy, Lang, Lennox, Livingston, Lord, Lush, McIntire, Meyers, Milan, Moran, Nedham, Oakes, Oldring, Olmstead, Pelty, Reulbach, Schaefer, Schmidt, Shean, Sheckard, Simmons, Snodgrass, Stahl, Stovall, Tannehill, White and Willett. There are three scans on the web page showing all the cards. Nice mid grade cards but again nothing to hard to demand $3222 as of now. $3222/58= $55.55 per card.

I am just curious as to why someone would pay more than the cards are worth and they are not even graded yet. Maybe I am wrong but it does seem odd. I have never bought a large lot of cards like this so I am not familiar with pricing but I thought the more cards you have the cheaper the prices get. Is there some Super Short prints or rare cards in there I over looked? Can anyone help explain the pricing. These are prices as of 3-30-10 and don't have final fees involved either.

[oldjudge]

If this is Lew Lipset's auction you are referring to, Lew is one of the greats of the hobby and I would consider his ethics beyond reproach. If the prices seem high it's because he has legitimate bids. End of story!

[jcmtiger]

I agree, no shilling in his auctions.


Joe

[matthew]

Seems to me that good service is receiving a premium. I would have no problem paying a premium price for an item in one of his auctions, as I know there would be a smooth transaction. Mr Lipset is one of the good guys & he is reaping the benefits of being a trusted seller.

[T206DK]

I think Mr. Lipset's reputation gives bidders confidence to make the bids you see. I've always thought the cards I've won in his auctions were fairly priced.

[Jim VB]

Hard to believe you're questioning Lew. Do you even know him or his history in the hobby? He has an unbelievable client base.

[Matt E.]

RE: Lot 132
All of the cards look in quite nice shape and would grade a minimum SGC 60.

RE: Lot 133
$55 + does not seem that out of line to get almost 30% of the set at one time.

Plus the bid increments are pretty healthy in this auction. Pup, maybe the bidders do not want their cards to be graded. However, commons in higher grades are harder and harder to find.


Just because the bidders don't use the wacky books you use for "fair market value" does not equate to shill bidding. Barking up the wrong tree here.

Matt