REA fun!

ValKehl · #1 10-29-2018, 09:11 AM

Quote:

Originally Posted by Leon

I bid on around 53 different items and won 3. I thought everything looked about right but that is just me. The issues affected me but not to the extent I won or lost anything because of them nor did i pay a higher price for the items I did win. I wouldn't want to be that hosting company today.

Leon, I don't understand how you can say the REA issues didn't affect you regarding the 3 items you won. Had some (many?) bidders not given up trying get into the auction to place additional bids, you might not have won any of the 3 lots.

My "white whale" in this auction was this Western Playground of Peckinpaugh, https://bid.robertedwardauctions.com...e?itemid=52134 , which I wanted for my collection of 1924 Senators. I am shocked at what it sold for (I didn't win it), especially as a nice SGC 30 of another player sold for half of what Peckinpaugh sold for. I assume two WP set collectors badly needed the Peckinpaugh card.

Speaking of cards that went strong, how about this PC: https://bid.robertedwardauctions.com...e?itemid=51979 I realize there are some hard-core T210 collectors, but "holy moly, that's a lot of moolah."

Leon · #2 10-29-2018, 09:45 AM

I can say it because I lived it. None of my won items were bumped for the last few hours and I won all 3, a few below my up to bids.

ps...now that I think about it maybe there was one lot bumped once but not to my high autobid, after the issues started.

Quote:

Originally Posted by ValKehl

Leon, I don't understand how you can say the REA issues didn't affect you regarding the 3 items you won. Had some (many?) bidders not given up trying get into the auction to place additional bids, you might not have won any of the 3 lots.

My "white whale" in this auction was this Western Playground of Peckinpaugh, https://bid.robertedwardauctions.com...e?itemid=52134 , which I wanted for my collection of 1924 Senators. I am shocked at what it sold for (I didn't win it), especially as a nice SGC 30 of another player sold for half of what Peckinpaugh sold for. I assume two WP set collectors badly needed the Peckinpaugh card.

Speaking of cards that went strong, how about this PC: https://bid.robertedwardauctions.com...e?itemid=51979 I realize there are some hard-core T210 collectors, but "holy moly, that's a lot of moolah."

Michael Peich · #3 10-29-2018, 10:42 AM

Quote:

Speaking of cards that went strong, how about this PC: https://bid.robertedwardauctions.com...e?itemid=51979 I realize there are some hard-core T210 collectors, but "holy moly, that's a lot of moolah."

Val--It was a breathtaking final hammer for the postcard of the seven-year old son of Goldsboro's manager. Ironically, as the back attests, the card originally came from Fred Stoehr's estate. Stoehr played for a short time with the 1910 Goldsboro Giants. Despite my early bidding, i didn't with the card!

Cheers,
Mike

byrone · #4 10-29-2018, 10:55 AM

I'm not a tech guy, but should a hosting company have a website that looks like it belongs in 1995?

http://www.createauction.com/features_hosting.html

ccre · #5 10-29-2018, 11:03 AM

I bid early on this postcard too but I never imagined it would sell for that final price. Amazing! Great story on it.

Quote:

Originally Posted by Michael Peich

Val--It was a breathtaking final hammer for the postcard of the seven-year old son of Goldsboro's manager. Ironically, as the back attests, the card originally came from Fred Stoehr's estate. Stoehr played for a short time with the 1910 Goldsboro Giants. Despite my early bidding, i didn't with the card!

Cheers,
Mike

Jobu · #6 10-29-2018, 11:15 AM

Yeah, but for people who were frozen out of the site for 3+ hours and then quit, there could have been more bids that were never placed. Or, maybe not.

Quote:

Originally Posted by Leon

I can say it because I lived it. None of my won items were bumped for the last few hours and I won all 3, a few below my up to bids.

Leon · #7 10-29-2018, 11:19 AM

Anything is possible. There is also such thing as a phone.

I started collecting late compared to many on our forum but in 1996 I don't think there were tons of internet auctions yet. Most I participated in (maybe all of them) I had to call in (or write in, which I didn't do) bids. If there was something I couldn't live without last night then I would have picked up the phone. I understand not everyone will do that. Advantage- Old fogey.

Quote:

Originally Posted by Jobu

Yeah, but for people who were frozen out of the site for 3+ hours and then quit, there could have been more bids that were never placed. Or, maybe not.

clydepepper · #8 10-29-2018, 11:22 AM

Quote:

Originally Posted by Leon

Anything is possible. There is also such thing as a phone.

I started collecting late compared to many on our forum but in 1996 I don't think there were tons of internet auctions yet. Most I participated in (maybe all of them) I had to call in (or write in, which I didn't do) bids.

Me too, Leon....those were the days...we are so very spoiled these days.

These young whipper-snappers have no idea how hard we had it.

calvindog · #9 10-29-2018, 11:25 AM

Brian is not stupid. He knows that the disaster of last night's auction could have a profound effect on his company. This isn't Bill Mastro who was all about fancy orange packing tape and behind the scenes fraud. I have no doubt that he will get this problem fixed in time for the next auction. Again, REA is and has been the most honest auction house in existence since I've been collecting and I have total faith in them as a bidder.

Aaron Seefeldt · #10 10-29-2018, 11:37 AM

Quote:

Originally Posted by calvindog

Brian is not stupid. He knows that the disaster of last night's auction could have a profound effect on his company. This isn't Bill Mastro who was all about fancy orange packing tape and behind the scenes fraud. I have no doubt that he will get this problem fixed in time for the next auction. Again, REA is and has been the most honest auction house in existence since I've been collecting and I have total faith in them as a bidder.

I totally agree. I've been doing auctions for 25 years and REA has and always will be the best in the biz.

wolf441 · #11 10-29-2018, 02:19 PM

Quote:

Originally Posted by calvindog

Brian is not stupid. He knows that the disaster of last night's auction could have a profound effect on his company. This isn't Bill Mastro who was all about fancy orange packing tape and behind the scenes fraud. I have no doubt that he will get this problem fixed in time for the next auction. Again, REA is and has been the most honest auction house in existence since I've been collecting and I have total faith in them as a bidder.

+1

As frustrating as it was for everyone, I can't imagine the sick to your stomach feeling that Brian must have had last night. I am not a computer/systems/IT guy at all, but working in finance, I've been on the phone with enraged clients who couldn't access their systems. When you are powerless to help, other than pushing/escalating with the "techies", it's one of the worse feelings in the world and you dread picking up the phone every time it rings.

So, kudos to Brian for doing his best to keep everyone informed. He posted on here multiple times, knowing that he was facing a pretty angry group of folks.

I'm sorry to anyone who missed out on a white whale, or anyone whose consignment didn't sell for as much as it should have.

Also bad luck in that some potential bidders were probably wrapped up in what turned out to be the World Series clincher.

At the end of the day, this hobby is still a great way to get a little respite from all of the more serious things going on in the world.

Jobu · #12 10-29-2018, 11:44 AM

Agreed on the phone part, for sure. But for someone who has a bunch of bids in and can't afford to win them all, that guy has no idea which lots he is winning without a website to check. So, if you can't afford a bunch of high ceiling bids, then the only way to bid last night would have been to keep waiting up and hoping the site eventually worked (which many cannot do) OR to spend the whole night on the phone asking for updates on your bids so that you could go an increment or two on the items that the status of your other bids told you you could still afford. I can't imagine there were a whole lot of people that wanted to do that for anything but a must have item, and that is where I think the money was lost on this one.

I should add - I don't have any issues with REA's integrity or honesty, this is just a shitty situation that they are doing their best to fix.

Quote:

Originally Posted by Leon

Anything is possible. There is also such thing as a phone.

I started collecting late compared to many on our forum but in 1996 I don't think there were tons of internet auctions yet. Most I participated in (maybe all of them) I had to call in (or write in, which I didn't do) bids. If there was something I couldn't live without last night then I would have picked up the phone. I understand not everyone will do that. Advantage- Old fogey.

calvindog · #13 10-29-2018, 11:58 AM

Quote:

Originally Posted by Jobu

Agreed on the phone part, for sure. But for someone who has a bunch of bids in and can't afford to win them all, that guy has no idea which lots he is winning without a website to check. So, if you can't afford a bunch of high ceiling bids, then the only way to bid last night would have been to keep waiting up and hoping the site eventually worked (which many cannot do) OR to spend the whole night on the phone asking for updates on your bids so that you could go an increment or two on the items that the status of your other bids told you you could still afford. I can't imagine there were a whole lot of people that wanted to do that for anything but a must have item, and that is where I think the money was lost on this one.

I should add - I don't have any issues with REA's integrity or honesty, this is just a shitty situation that they are doing their best to fix.

Agree completely. There is not even a question that consigners lost money last night due to the site not working. People simply went to sleep and gave up on an early Monday morning. To say otherwise is to defy reality.

perezfan · #14 10-29-2018, 12:04 PM

In looking at REA's "Recent Bids" link this morning, I'm shocked at all the bids that were entered during the final 1 1/2 hours. I was completely locked out during that entire period, and ultimately gave up.

So did the internet work for some, but not others? Or were all of those bids during the last hour entered by phone? Very frustrating, but I realize there was no clear-cut "best solution" for REA. I was just surprised it ended at a time when the site was still completely frozen. Knowing REA, I bet the next auction runs like a charm and that this was a one-time occurrence. But I'd also bet that more people will utilize ceiling bids next time around!

swarmee · #15 10-29-2018, 12:13 PM

Quote:

Originally Posted by perezfan

But I'd also bet that more people will utilize ceiling bids next time around!

Doubt it; no matter how "Honest" or "protected" or whatever the bidding software claims the ceiling bid is, collectors are trained to distrust claims of auctionhouses after years and years of rampant shill bidding from many sites, eBay mostly, but also auctionhouses who allow it in their Terms of Service.
Most collectors who are told "the bids are encrypted and perfectly safe" will shrug their shoulders, and ignore it. Because someone out there wrote the code, and may have access.
The company is trying to make lemonades by offering free shipping to the buyers. I was more of an interested observer last night, but if I was a "bid at the end" kind of guy, this wouldn't make me place more early bids just waiting for others to keep bidding me up.

Rickyy · #16 10-29-2018, 01:56 PM

Quote:

Originally Posted by perezfan

In looking at REA's "Recent Bids" link this morning, I'm shocked at all the bids that were entered during the final 1 1/2 hours. I was completely locked out during that entire period, and ultimately gave up.

So did the internet work for some, but not others? Or were all of those bids during the last hour entered by phone? Very frustrating, but I realize there was no clear-cut "best solution" for REA. I was just surprised it ended at a time when the site was still completely frozen. Knowing REA, I bet the next auction runs like a charm and that this was a one-time occurrence. But I'd also bet that more people will utilize ceiling bids next time around!

I had intermittent access on and off during the last hour or so...I thought I placed a updated bid, but didn't know if it when through...because the site timed out... turned out I did when I got access again, but when I went to check on it again a minute later, it timed out again, turned out I got sniped for which I didn't get to see until it ended a short time later. I wanted to stay active until the end, but gave up too.

Ricky Y

edjs · #17 10-29-2018, 01:10 PM

Quote:

Originally Posted by ValKehl

Leon, I don't understand how you can say the REA issues didn't affect you regarding the 3 items you won. Had some (many?) bidders not given up trying get into the auction to place additional bids, you might not have won any of the 3 lots.

My "white whale" in this auction was this Western Playground of Peckinpaugh, https://bid.robertedwardauctions.com...e?itemid=52134 , which I wanted for my collection of 1924 Senators. I am shocked at what it sold for (I didn't win it), especially as a nice SGC 30 of another player sold for half of what Peckinpaugh sold for. I assume two WP set collectors badly needed the Peckinpaugh card.

Speaking of cards that went strong, how about this PC: https://bid.robertedwardauctions.com...e?itemid=51979 I realize there are some hard-core T210 collectors, but "holy moly, that's a lot of moolah."

Val,

A SGC 10 of Peckinpaugh, I assume the same card, sold in 2007 for $4650.99. So the price seemed to me to show lack of maturity on the investment, given 11 years have passed.

ValKehl · #18 10-29-2018, 03:17 PM

Quote:

Originally Posted by edjs

Val,

A SGC 10 of Peckinpaugh, I assume the same card, sold in 2007 for $4650.99. So the price seemed to me to show lack of maturity on the investment, given 11 years have passed.

Ed, thanks for letting me know this ineresting piece of info. I didn't search that far back for a comparable sale. In fact, back in 2007, I hadn't yet begun focusing on cards of all the 1924 Senators players - I was only into WaJo and Sam Rice cards at that time.

edjs · #19 10-29-2018, 03:28 PM

Quote:

Originally Posted by ValKehl

Ed, thanks for letting me know this ineresting piece of info. I didn't search that far back for a comparable sale. In fact, back in 2007, I hadn't yet begun focusing on cards of all the 1924 Senators players - I was only into WaJo and Sam Rice cards at that time.

Val,

No problem. For a bit I had delusions of getting that card for $1000 or so. Then reality hit.

Ed

tbob · #20 10-29-2018, 04:11 PM

It was a little exasperating at times trying to figure what was going on with REA but with a little luck and some ceiling bids I was able to get most of the cards I had zeroed in on.
REA runs a class organization and it had to be frustrating with the technical glitches. One of the previous posters mentioned that it was tough trying to maneuver and navigate when you have many bids but can't afford to win all of them and thus you try to adjust your bidding based on which cards are showing activity and which ones you need to drop out of the bidding on. I think this is very true for most of us....

Shoeless Moe · #21 10-29-2018, 05:23 PM

I fell asleep when the Site was down late. I figured an email was going to come about the bidding being extended until Monday night due to all of the issues. I was ahead on one and still in on another waiting to see if my one was going to hold, then go to the other.

Woke up and lost the one by 1 bid (I would have definitely hit it again) and the other went lower too, so they definitely missed some money. Not huge I'm sure, but wasn't happy when I woke up at 1 pm or so and it was closed.

Wish they would have extended until tonight.

Closing during chaos wasn't the best route in my eyes.

kmac32 · #22 10-29-2018, 06:17 PM

So excited as I got the T205 AB backs with 31 cards. Went higher than what I wanted to pay but may retail what I do not want. Cubbies are all upgrades and Kroh is new to me. Can’t wait to get them

RCMcKenzie · #23 10-30-2018, 12:37 AM

Quote:

Originally Posted by kmac32

So excited as I got the T205 AB backs with 31 cards. Went higher than what I wanted to pay but may retail what I do not want. Cubbies are all upgrades and Kroh is new to me. Can’t wait to get them

Sorry I ran you up on that lot, Ken. I thought one more bid might be too much, depending on how they all grade out. Looks like a high grade group and I was mostly after the M. Brown 2/98 ex card. To me the auction ran fine as they left it open long enough for people to get their bids in. My "white whale" was the T214 Cree, but I never win my white whale, so I have a collection of SGC 86 Rabbit Maranvilles. I only win good cards when I'm plastered at like 4 AM. They are in my collection today.