How did the 54ers do in Mastro?

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Posted By: Bob

For the 3rd straight time, the "54 Cabal" won a complete set of caramel cards. The lineup was a little different from the first two times, some veterans but some new rookies, but we outslugged the competition to win the E94 set which was ranked #2 on the PSA registry. I didn't feel the cards were nearly as nice as the E94 set we won in April from Mastro, though, and the price was about half the April price.
It was a good win (any time you win something from Mastro it is nice) and I know I filled a lot of holes in my master set.
Who else won lots?

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Posted By: quan

congrats, i'm always too late to jump on the cabal train...(or we don't win when i'm on it)

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Posted By: Brett

I wish I had a e94 Young, Wagner, Cobb, Speaker and Lajoie in low grade !

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Posted By: JimB

Bob,
Congrats on the win. So what is the official count now on your master set? We are not worthy!
JimB

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Posted By: JimB

I am not really a bat collector, but I liked this one.

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Posted By: Bob

Hi Jim, nice bat!
163/180 on the master set.

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Posted By: Albert Liu

Bob,

Incredible. Which color do you like the best? I like blue the best.

Good Luck!
Albert

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Posted By: Kevin Cummings

Shut out as usual!

I had the high individual bid on both Old Judge Reipschlager spotted tie and Pickett Players League, but lost out to the whole collection bidder. I HATE this format!

If the collection winner is a board reader and decides to parcel out some individual lots, please email me.

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Posted By: boxingcardman

For not an investment there sure are some nosebleed-inducing prices...

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Posted By: Tony Andrea

Finally won a nice presentable Psa-3 E90-1 Mike Mitchell for my set. Lot #613
I was ecstatic what I won it for. Now, only the infamous Joe Jackson eludes me
for completion.

Tony

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Posted By: Scott

The problem with the entire lot versus individual lot format is that my back-up lots were closed by the time the final hammer went down on the Old Judge lot. I could only afford one card in the $5000 range. My #1 was the Old Judge Dummy Hoy. Since I had to hold on for that situation to end, my #2, the e90-1 Speaker slipped away. Mastro cost themselves $1,000-2,000 from me on this format. If there was 20-30 other bidders like me, their "have it both ways" format backfired.

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Posted By: Anonymous

I got closer to finishing the Baltimore Newsboy set. Six to go now.
I got creamed on a few consignments. Prices have become very soft for certain items.

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Posted By: MVSNYC

i'm bidding on a total of 24 lots...i was outbid on everything last night, and am high bidder on only 5 lots tonight...we'll see...

MS

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Posted By: JimB

The other problem with the individual vs. lot issue is that many people do not even bother for the reason you mentioned because they figure it will go as a group in the end. It was an interesting novelty at first, but I think most bidders don't like it. I know that I did not put serious bids in on a lot of cards I wanted because I thought it would be a distraction that kept me away from winning lots I had a real chance to win. Had I thought the CJ lot would have been broken, I would have bid on several other cards. For example, the PSA 7 Joe Jackson went for a steal! I am sure if that card were auctioned by itself it would have gone for nearly twice that amount!
JimB

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Posted By: Jay

Jim--I agree; I do not like the format. There were some Old Judge lots I might have pursued more vigorously but it just wasn't worth the hassle of dealing with that structure.

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Posted By: leon

I generally will not bid on lots that have a "master lot" also. Too many other things to bid on only to be let down after trying to win a single lot and have someone win it out from under you as the "whole" lot. I do know of one time when a board member played it perfectly and got the one lot he wanted and was very happy. He paid a lot for it but the master lot was such a high next increment that the person bidding on the master lot didn't want to go another bid on it, obviously. It was a large lot of Old Judge Cabinets not too long ago. I have often given thought to how I would sell my E94 Overprint set if I were to auction it. I am not going to (hopefully) anytime soon but am 50/50 as to the master and seperate lot format or only the seperate lot format...or only the full set in one lot? It's unique and would be very hard to duplicate.....

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Posted By: cmoking

I agree with Jim too. That format seems to piss off a lot of customers and keep away some potential customers.

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Posted By: Jeff Prizner

Richard (yomass), which items do you feel were soft?

I agree w/ Jim on the PSA 7 CJ Jackson. The PSA 7 CJ Brown and Mcgraw as well as the group of PSA 7's and 6's were all good deals. I think it's a combination of the format as well as the PSA 8 CJ's overshadowing the "lower graded" ones.

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Posted By: Phil Garry

I think many of the OJ HOF'ers closed at much less than recent market prices but I guess that is a moot point anyway with the one lot taking them all.

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Posted By: Fred C

Kevin,

You mean you wouldn't venture to guess who got the OJ lot?

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Posted By: JimB

Phil,
I would have bid more strongly on some of the OJ lots if I thought there was a chance they would sell individually, rather than as a group. I imagine others did the same.
JimB

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Posted By: Anonymous

I consigned graded 1961 and 1963 Fleer football sets that traded for $400 and $1100 respectively, about the cost of grading. The M131s previously traded at $2000 each; lot 627 traded at about half that. There are B&W e97s at about $200 per card, well under where they have traded in the past. These are only from my quick look at the lots I am involved in.

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Posted By: leon

they won't end under $300 ea.....and my guess is they will be a fair amount higher.....talking about an auction before it's over with respect to price.....is not even a moot point imo since they could be at $200 ea now and end at $1000 ea...who knows?....

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Posted By: Bob

Not a wise thing to broadcast a lot you are interested in and how it is going cheap before the auction ends, unless you are the consignor.

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Posted By: Jeff Lichtman

The Cracker Jack set went off very low last night; surely if each card were auctioned individually the prices would have been considerably higher. In an attempt to grab as much dough as possible, Mastro's insistence upon employing a group price v. individual lots cost the consignor at least 100K.

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Posted By: brian

<You mean you wouldn't venture to guess who got the OJ lot?

i would venture to guess, but not sure he wants "outed".
Pretty sure it's somebody who got upset and doesn't post in this forum anymore.

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Posted By: Anthony

The consignor of the CJ set is crushed- he was under the impression it would go for double what it did. The combination of the timing of the auction and the set vs. single format really cost him. And I'm sure all the negative publicity since last December isn't helping either.

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Posted By: Jeff Lichtman

Yeah, not sure that the beginning of a holiday weekend is the best time for an auction -- though the two lots I won were at record breaking prices it would seem. You can just go through the CJs one at a time and see card after card that was $500 short, $1000, $2000, etc. etc. etc.

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Posted By: rand

i have spoken with a couple of other people and they wont be sending mastro anything in the future. the combination of low selling prices (or not reaching true potential) and then waiting an average of 4 months for payout (from sending material to payout) isnt very appealing anymore.

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Posted By: Jeff Lichtman

Well, at least the CJs result suggests no shilling was involved. Might be a good time to bid on Mastro cards as the eyes are upon them....

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Posted By: quan

just wow at some of the cj prices...the jax 7 ended at about the same than the jax 5 in rea. wish i had the money to tuck that baby away. otoh there were some really strong prices also...e95 plank/cobb just off the top of my head.

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Posted By: cmoking

That E95 Plank PSA 5 was in the stratosphere! I'm not saying it doesn't deserve the price, but wow!

As for the CJs, I guess this is why its useful to put in a low bid at the start of the auction just in case something goes cheap at the end.

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Posted By: Rob

perhaps people were saving up for the Lionel Carter category of Mastro's auction that ends tonight? Some of the prices are pretty strong. Right now the 1949 Bowman set is over $70k with plenty of time to go.

I wonder what the sellers fees were for Mr. Carter?

Rob

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Posted By: quan

king, bidding is not the problem...cutting the check afterward is.

quan...ps too much talk and not enough scans of pickups

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Posted By: Bob

Quan- Ask and ye shall receive! Here are 4 of the 5 e94s I claimed last night in mastro.






tbob

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Posted By: Jeff Lichtman

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Posted By: JimB

Wow Jeff, great pick-ups.
JimB

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Posted By: quan

bob along with the young that cicotte stood out from the rest. i thought those were the 2 cleanest cards and would've been my choices easily. very nice!

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Posted By: E, Daniel

My only pick-up - but I was really pleased!

Daniel

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Posted By: leon

I won all of the Mothers Bread cards I needed. I thought they went for about what they should have....

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Posted By: MVSNYC

i was bidding "heavy" on 24 lots...i was outbid on ALL of them...

oh well, that saves me money to use on barry's auction & eBay...look out!

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Posted By: B D

Jeff,so you snapped it away from me!

BcD

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Posted By: scott brockelman

I would be interested in cards out of those lots.

Scott

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Posted By: Gary Nuchereno

I won lots 611(E90-1) and 1184 (E101) Scott what were you looking for? gnuchee@yahoo.com

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Posted By: JK

If anyone won the Lionel Carter E93 Set, I would be very interested in a few of the cards from that set if you plan to break it up. Thanks.

jkrasner@williamsmullen.com

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Posted By: Matt

Any leftovers from the e90-2 lot I'd be interested in....

mgk76@aol.com

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Posted By: Scot York

I was the winning bidder on my two most wanted lots but, lost both of my third and fourth choice lots.

My only complaint would be the N172 Old Judge group-lot/single-lots. I was high bidder on one of the higher priced singles. Only to see my lot given to the high bidder on the group. "Mastronet" (Doug), if you're reading this, Please stop doing the group/single lot auctions, do one or the other. I could have spent that money on a real nice red border E270 group you offered (that sold dirt cheap). By the time the N172 group ended (3:30am here) that Red Colgan Chip lot was long over. I'm very disappointed as I had no chance at either auction.

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Posted By: bigfish

I 2nd the point you made above to Mastro. It was a complete waste of time for many of us bidding on the old judges.

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Posted By: Jeff Lichtman

I'm sure Doug is reading this and I'm sure he's dealing with the disappointment over the Cracker Jack sale. As Mastro is primarily concerned with the bottom line (as they should be) I'm sure they are thinking twice about ever using that auction format again.

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Posted By: barrysloate

I predict that that system will be scrapped. It's just getting too much negative feedback. And when single bidders see they are faced with the likelihood of losing the entire group they will stop participating in those lots.

At least leave all the lots open so that when somebody gets shut out in the wee hours they can at least find another place to spend their money.