How much for this t206 set

[Archive]

Posted By: Sean

http://cgi.ebay.com/1909-1911-T206-Set-Lot-520-524_W0QQitemZ230185219174QQihZ013QQcategoryZ31718Q QssPageNameZWDVWQQrdZ1QQcmdZViewItem

[Archive]

Posted By: Scott Levy

IMO it will not get the minimum bid. Breakup value on the set is probably close to 20-25k...but not sure if it will sell as a complete unit. Looking at the major cards, I think the seller's estimation of PSA 3 overall is very, very generous.

For the seller's sake I hope I'm wrong.

[Archive]

Posted By: anthony

i live all of 8 mins from glendora, if anyone would like for me to stop by and inspect any particular card in the set, email the seller and let me know.

[Archive]

Posted By: Bob

I just glanced at the lot and might have missed it but I didn't see anything about the cards not having back damage. That could be a real problem if the cards had scrapbook damage, etc. and nothing was mentioned in the ad.

[Archive]

Posted By: Jeff Shepherd

In my experience, mice have a discerning taste for expensive items. I've rummaged through more boxes of antique paper with only the most prized possession in the lot chewed beyond comprehension. Interesting to see some of the better cards here with nibbles (or scrapbook removal??).

[Archive]

Posted By: Matt

I don't think it appropriate for us to comment on the minimum bid/asking price of an ongoing item. If this was your ebay item for sale, I'm pretty sure you'd be displeased with a thread saying you are asking too much.

[Archive]

Posted By: Joann

Sean,

I think it will get the minimum bid and maybe a little more. Most of the cards present well (except for the ones with the bites out of them).

If this were in a non-ebay auction, I think it would definitely get minimum bid. But maybe the fact that it is on ebay will keep it lower - maybe even below the min. I don't think so though. Min bid, and maybe one or two above that.

J

[Archive]

Posted By: Frank Wakefield

I'm doubtful it will get the minimum... if it does, it won't go for much more than that. I think card condition is part of it. The way the lot is presented will hurt it a bit. And I think the cards would generate more interest if they were sold at a show where they could be seen.

I'm in the minority here, 'cause I see nothing wrong with talking about a current auction. If this lot were mine, maybe I could learn from what is here and do better job of selling it, getting more, I'd be grateful for that. And if I were a potential buyer, again I'd appreciate whatever information I gleaned from the board. It seems to me that the folks who are against "outing" an auction perceive the auctions as games of hide and seek. Auctions should be about money, information, and a desire for the item, not about how adept someone is at the eBay search game.

[Archive]

Posted By: Matt

Frank my objection to the discussion has nothing to do with "outing" an ongoing listing. My objection is that perhaps there are potential buyers out there who, upon seeing a thread of several knowledgeable collectors saying the minimum bid is too high, will stay away. This was not a cheap listing for the seller.

Try and put yourself in his/her shoes - imagine it was your most expensive card up for auction - you came up with a price that you knew was a tad high but were hoping someone would hit it. Then you see a thread here where it is being discussed that you are asking for too much money. I think most people would be upset.

[Archive]

Posted By: Frank Wakefield

I do see your point... I would be annoyed if I were negotiating a private sale and someone interfered with that. I see eBay as a public auction forum, the public should be able to speak. I as a seller could read this and lower my minimum before the auction was over, thereby saving fees.

As for this auction, seems there's a division of opinion, that it could go unsold or for a few bids over minimum. It isn't like it has been listed for 20 times its value.

[Archive]

Posted By: keyway

I really don't find his opening bid too high.I know the condition is off some but try to put all of these cards together from scratch and see what it will cost. If someone is looking for a complete set minus the big cards I see nothing wrong with the price.

[Archive]

Posted By: Matt

Frank - just to play devils advocate - isn't the BST a public forum as well? Would you have a problem with a thread here discussing that someone is asking too much for a card on the BST? Just because the forum of sale is public doesn't mean it's appropriate to have a public discussion of the price.

[Archive]

Posted By: Joann

Matt,

The BST has specific rules about third party interference with auctions, including discussing whether the price is appropirate. Ebay does not have such rules.

Full sets do not come up that often on ebay, and Sean wanted to know what everyone thought of the $20K minimum bid. That is a perfectly legit topic for this forum, and I don't think the seller needs to be protected. It happens all the time - all the time - when one of the major auction houses has an unusual item for bid. The appropriateness of a minimum or expected value in these auctions is frequently discussed.

Sean is 12 years old and asked a pretty legitimate question in light of understandable excitement of seeing a full T206 set on ebay. He has been a good poster here after getting off to a rocky start, and maybe this a case where we can let it go.


J

[Archive]

Posted By: Frank Wakefield

You guys are welcome to discuss any aspect of anything I sell publicly, including the BST. Sometimes I price something to sell, sometimes I price it high unknowingly, sometimes high with a purpose. At present all I have offered for sale are 3 silver dollars, on eBay. 120196500755 is the item number for one of them, and the links will get you to the other two. Discuss those all you wish. They are beautiful coins.

If someone maligned the authenticity wrongly and maliciously, I'd have problems with that. If it is just a price thing, I don't think I'd have a problem. If you guys think the price on any of the coins is too high, then don't bid.

The world has become a little bit too sensitive of late, it seems to me. We should all lighten up a bit. Peace to all this holiday season.

[Archive]

Posted By: Matt

Joann - "The BST has specific rules about third party interference with auctions, including discussing whether the price is appropirate. Ebay does not have such rules."

We're not discussing whether such a discussion is appropriate on an ebay forum so whether or not ebay has such rules doesn't really matter. What matters is the etiquette of this board. No one is maligning anyone for asking the question - re-read the posts and show me where you think that happened. I just suggested it might be better not to have discussion like this publicly on the forum. As I said, if I was the seller of this lot, I would be upset at the potential lost revenue.

[Archive]

Posted By: boxingcardman

I think the set is fairly priced. The cards don't look completely chewed up (unless as mentioned above there is back damage to contends with), so the cost to assemble the group individually would be up there.

I wonder whether this sale is a distress sale. Glendora is right in the hub of the real estate crash in SoCal. Might be an interesting back story to this offering.

One of the things that I've long thought was odd about this hobby is the penalty attached to a complete set when it sells. Doesn't it seem strange that sets have break-up values often well in excess of their set prices? I realize that this trend is reversed to some extent with the extreme high end cards (like the sets Mastro sells as sets or singles depending on which adds up to more), but for a set like this, shouldn't the value be the break-up value.

Sic Gorgiamus Allos Subjectatos Nunc

[Archive]

Posted By: Matt

boxingcardman - I think sets usually sell for a premium above the break-up price since the buyer is paying so they don't have to do all the legwork themselves of putting it together. Of course, most of us would probably say that's the most enjoyable part

[Archive]

Posted By: T206Collector

...and does not help here. If it was a T206 Plank, even with "rat chews" it would be worth north of $15K alone.

Visit http://www.t206collector.com for card galleries, articles and more!

[Archive]

Posted By: Frank B

>> I think sets usually sell for a premium above the break-up price since the
buyer is paying so they don't have to do all the legwork themselves of putting it together.
Of course, most of us would probably say that's the most enjoyable part <<

I guess I really enjoy putting it together in bits and pieces because the
thought of picking up something like that sort of bums me out.

[Archive]

Posted By: Scott

I personally, see nothing wrong with discussing valuation of items on ebay or other auctions. I know that I've sought the counsel of other experts for items that I'm less familiar with (such as T3s). Auctions are by their very nature public events. And the open discussion of these events is as reasonable to me as discussing whether a publicly traded stock/bond/commodity is fairly valued (on a discussion board for such items of course).

Conversely, I do have an issue with 'interference' where someone tries to interject themselves into a private sale, but that's not what was asked here.

If Leon has an issue with this practice please let me know and I'll be happy to conform to these rules, otherwise I'll continue to air my opinion where I feel I can reasonably do so. And by the way it's only an opinion, not a fact, of what I believe items are worth.

[Archive]

Posted By: Marty Ogelvie

IMO,

The penalty involved in "complete set" sales comes from the collector side.  As a collector, the joy comes from the chase.  When you buy complete sets, there is no CHASE therefore less joy.  

I would expect this particular auction would garner the interest of a dealer/investor looking to flip the cards individually vs a genuine collector trying to complete the monster.

martyOgelvie
nyyankeecards.com

[Archive]

Posted By: Matt

"I personally, see nothing wrong with discussing valuation of items on ebay or other auctions. I know that I've sought the counsel of other experts for items that I'm less familiar with (such as T3s). Auctions are by their very nature public events. And the open discussion of these events is as reasonable to me as discussing whether a publicly traded stock/bond/commodity is fairly valued (on a discussion board for such items of course). "

There's a big difference between a private discussion on valuation and a public one which can influence others. You mention you've had board discussion on items such as T3s that ou were considering buying - was the discussion referring to a specific listing asking if it was a good price or in general with regard to the value of a T3? Again, big difference. That's the same reason why it's different then discussing a stock.

Had the question been what's an appropriate value for a T206 set without the specific reference I wouldn't question if it belongs.

[Archive]

Posted By: Jeff Williams

Matt

In your opinion, clarify for me the board rules. Are we allowed to discuss ebay auctions openly on the forum? Are we allowed to interfere with anything on the BST? Just curious

Jeff

[Archive]

Posted By: Matt

Sure Jeff - I wasn't suggesting anything by way of the board rules, I was just suggesting that it's best to refrain from an open discussion int he main forum on whether a seller's asking price on an item is too high or not; whether it be on the BST or on ebay.