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  #1  
Old 07-08-2019, 08:55 AM
chriskim chriskim is offline
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Default David Hall auctioning his t206 master collection

Now that David Hall is auctioning his t206 master collection, does it mean t206 rare backs market will go downhill? The market will no longer has a big shark willing to pay insane prices for rare backs.

Last edited by chriskim; 07-08-2019 at 09:03 AM.
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  #2  
Old 07-08-2019, 09:31 AM
bbsports bbsports is offline
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David Hall's cards are already priced in. If a new find was discovered, that would lower the prices on rare backs. This is not the case. In fact, because of the supply and demand, it may even raise the price of rare backs. Nobody has the rare backs that Dave Hall has.
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  #3  
Old 07-08-2019, 10:02 AM
bigfish bigfish is offline
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Default rare backs

The t206 set and so popular and the quantity of tougher backs seems to be short of the demand. I see them to continue to increase despite Hall's influx of cards into the market.
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  #4  
Old 07-08-2019, 10:59 AM
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[quote=bigfish; I see them to continue to increase despite Hall's influx of cards into the market.[/QUOTE]

I don't know, Toby. That's a hell of a lot of rare backs to be absorbed. Sixty something Drums (I'm going by memory, so that may be off). I'm sure lots of collectors will want one or two for their type set, but unless someone else, or two someones, really, is attempting what David was, I just don't see that many being absorbed without some softening of the prices.
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Last edited by edhans; 07-08-2019 at 11:00 AM. Reason: Grammar
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  #5  
Old 07-08-2019, 11:42 AM
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I have no doubt Halls' cards will be "absorbed" but I do question the prices some of these cards will command.

Last 5-10 years or so...as long as I've been aware of Hall's attempt at the monster I can't tell you how many friends/collectors I know for a fact put cards up for sale they knew that hall needed. I'm sure lots of shilling and driving up prices of some/many of these cards did occur with the mindset that Hall is loaded and he will pay.

While there are no doubt many deep pocketed collectors out there I still think some of halls' cards will sell for less than he paid...not to mention the ones that will be outed as altered.
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Old 07-08-2019, 12:03 PM
Ronnie73 Ronnie73 is offline
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Me being a collector of the same set that David is selling, I can say that there won't be much of a flood in the market since technically it's only one card of each being sold. I know there has to be more than me collecting the set. As far as what they will sell for, I don't think David will lose money overall on the sale. The big question is, how many of us have the money currently to spend on these cards. I currently don't, but I will be waiting for 2 cards to bid on.
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  #7  
Old 07-08-2019, 12:50 PM
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Unless new demand has entered the market, prices will go down. His prices were were one increment over an underbidder. If no new aggressive bidder enters the market these prices will effectively be one increment over the second underbidder (assuming all prior bidders are still bidding). This by definition is a lower, possibly a lot lower, price.
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Old 07-08-2019, 08:08 PM
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My guess is this will be a two year project. Heís a smart man and certainly has a feeling for what the market will bear.
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Old 07-09-2019, 03:36 PM
MVSNYC MVSNYC is offline
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Shouldn't affect the market too much. There's PLENTY of other big sharks bidding crazy amounts on T206 rare backs (some of them are known here, others keep a lower profile...but they are there). His cards will get gobbled up/absorbed, and the market and craze will keep rolling on. Supply & demand. Yes, the supply will get a decent bump, but there's still thousands of T206 collectors out there. Huge demand.

Last edited by MVSNYC; 07-09-2019 at 03:37 PM.
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  #10  
Old 07-10-2019, 09:37 AM
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I agree. These will be absorbed easily. I also don't see any glut or depressed pricing because of it. There is 0 doubt he will make money on some and lose on others. In the end, I will guess he is a little ahead (financially) on the sale. Just a guess. It's fun to watch.

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Originally Posted by MVSNYC View Post
Shouldn't affect the market too much. There's PLENTY of other big sharks bidding crazy amounts on T206 rare backs (some of them are known here, others keep a lower profile...but they are there). His cards will get gobbled up/absorbed, and the market and craze will keep rolling on. Supply & demand. Yes, the supply will get a decent bump, but there's still thousands of T206 collectors out there. Huge demand.
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  #11  
Old 07-10-2019, 02:06 PM
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Itís a real good question. I generally agree with Michael that everything will get absorbed, often at record prices. However, I do fear that the pure volume/supply of commons with rare backs, could hurt the value of commons with rare backs. There are very few Cobb Lenox or Baker red hindu, but to most of us, a common player is a common player, and we really donít care who is on the front; rather itís the back we are after. So maybe the value/cost of common Drums, Uzits, Lenox, BL, CB go down for a spell do to availability (much supply).
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  #12  
Old 07-10-2019, 02:32 PM
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Quote:
Originally Posted by Rhotchkiss View Post
Itís a real good question. I generally agree with Michael that everything will get absorbed, often at record prices. However, I do fear that the pure volume/supply of commons with rare backs, could hurt the value of commons with rare backs. There are very few Cobb Lenox or Baker red hindu, but to most of us, a common player is a common player, and we really donít care who is on the front; rather itís the back we are after. So maybe the value/cost of common Drums, Uzits, Lenox, BL, CB go down for a spell do to availability (much supply).

Ryan, what you say re the prices of Hall's quantity of T206 commons with rare backs makes sense, on the one hand. On the other hand, if a couple of T206 collectors who currently have say 2-3 Lenox cards in their collections decide this may be a once-in-a-lifetime opportunity to obtain a slew of Lenox cards, then I can see the Lenox commons selling for surprisingly high prices. Ditto for Drums, Uzits, BLs, CBs, etc.
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  #13  
Old 07-10-2019, 03:07 PM
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I dont see it affecting the market too much....there are several cards that likely wont come close to what he spent on

Red Hindy DANNY MURPHY (BATTING) G PSA 2
31k
http://catalog.scpauctions.com/lot-20959.aspx
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  #14  
Old 07-10-2019, 03:20 PM
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Default David Hall Collection

This deal has been months, if not years in the making. Some information on the David Hall Collection of T206s. There will be three auctions in 2019 with his cards. Auction 50015 which is July 18-20 will be the first. Session Two (Lots 81736 Ė 81923) will end on July 19 are dedicated to Mr. Hall's cards. In September and December there will be dedicated auctions for his collection. All three will have a dedicated catalog. All three covers will form one panoramic-style scene as will the back covers.

The focus of first offering is rarity. Many rare brands including Carolina Brights, Broad Leaf, Drum, Hindu-Brown, Hindu-Red and Uzit. The Ty Cobb portraits include an Old Mill (Red Portrait), Lenox-Black (Red Portrait), Hindu-Red (Red Portrait) and Old Mill (Green Portrait). A few other highlights - Walter Johnson-Broad Leaf, Mathewson/Portrait-Hindu Brown, Mathewson/White Cap-Hindu Brown and Mathewson/Dark Cap-Tolstoi. I think you get the idea.

The focus of the September auction will be quality. There will be a complete set, including Honus Wagner and what has to be the most incredible Ty Cobb Tobacco tin!

The focus of the December auction will be "Sovereign Cigarettes." I believe he has one of the most complete sets of "Sovereign" backs known.

And yes, there will be more coming in 2020 and I will post updates as plans and schedules become finalized.

Good Luck and Thank You to Everyone Who Participates,

Peter
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  #15  
Old 07-10-2019, 03:48 PM
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Quote:
Originally Posted by atx840 View Post
I dont see it affecting the market too much....there are several cards that likely wont come close to what he spent on

Red Hindy DANNY MURPHY (BATTING) G PSA 2
31k
http://catalog.scpauctions.com/lot-20959.aspx
This is the one that I thought of as well. It took two bidders to reach that level. With Hall out, it will go for less than 1/10th that much.

Last edited by Sean; 07-10-2019 at 06:57 PM.
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  #16  
Old 07-10-2019, 05:16 PM
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It will at least provide an interesting case study. There are a lot of player back run collectors that may have a rare chance to complete their "sets" that should keep some bidding up for commons.
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  #17  
Old 07-10-2019, 05:54 PM
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They will all bring a ton of money. I sold David many cards and believe me, he knows his shit! Just saying....Keep in mind, it takes 2 bidders to tango.....People talk about the prices he paid, well Hell, who was the other bidder?

Last edited by CMIZ5290; 07-10-2019 at 05:56 PM.
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  #18  
Old 07-10-2019, 06:00 PM
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Quote:
Originally Posted by CMIZ5290 View Post
They will all bring a ton of money. I sold David many cards and believe me, he knows his shit! Just saying....Keep in mind, it takes 2 bidders to tango.....People talk about the prices he paid, well Hell, who was the other bidder?
In that scenario since the main bidder is gone the 3rd bidder is who will have to push the price now. Unless there is new rare back collectors.

I am not a T206 collector, are the rare backs still hot?
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  #19  
Old 07-10-2019, 06:11 PM
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Ben, I'm not saying that the rare backs will get to where they were several years ago. David Hall pushed that bar big time, BIG time. I do think there is still a big market for rare backs, not one of my favorite collecting choices, but it is what it is. I would rather buy an 8 with a common back versus a 3 with a rare back any day, just me though...

Last edited by CMIZ5290; 07-10-2019 at 06:12 PM.
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  #20  
Old 07-12-2019, 05:48 PM
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I am sure he got a lot, or most, of his cards at auction BUT I am also sure collectors knew what he collected and chased him down for private sales. (and vice versa)

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They will all bring a ton of money. I sold David many cards and believe me, he knows his shit! Just saying....Keep in mind, it takes 2 bidders to tango.....People talk about the prices he paid, well Hell, who was the other bidder?
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Old 07-12-2019, 05:56 PM
Rich Falvo Rich Falvo is offline
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Iím curious just to see what he had. There are cards Iíd love to have for my collection -commons but with scare or rare backs - that Iíve never seen for auction/sale.
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