Negative effect of MastroNet Auction

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Posted By: Scott B. 

Needless to say, MastroNet has another unbelieviable auction once again. It is loaded with unopened materials from Topps' vault. In my opinion, it is not a good idea to see that many great stuffs all at once. What I am saying is, if I were an investor and have $200K to spend in each quarter and have been bidding crazy trying to purchase ALL of the unopened materials that are available in the market. Now, since MastroNet has an unopened 52T full box and assuming it will end at $200K. I would not be able to bid on any other great unopened stuffs (eg. 53T BB packs, 54T BB packs, 61-62 Fleer BBK box...etc) after I won my 52T box since I only have $200K to spend. However, if MastroNet put the rest of the other unopened materials in their next auction(s), in the next quarter, I would have another $200K to play with and outbid the rest of the world. Since that MastroNet have all those great items available all at once, it would affect the ending prices of those great item.

Any comments?

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Posted By: ramram

they don't want one whale coming back every 3 months and gobbling up everything. They want to creat a shark frenzie with lots of sharks. In the end it's better for business.

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Posted By: petecld

"...since I only have $200K to spend"

Wish I had such problems.

Just kidding. I agree with you completely.

Plus not only do you have competition between lots from the same auction but having auctions from different places end around the same time has to limit bidding of many collectors.

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Posted By: Marc S.

that we won't see some of these lots recycled in the future - or perhaps even a few packs on Ebay or whatever. Was intrigued to see the price disparity already in the 1953 Topps Lot of packs versus the 1953 Topps single pack.

My guess is that at least some of these items will filter their way back onto the market in the next two to three years. Over the past five years, it has been very interesting to look through the major auction catalogs and assess what is "fresh" versus what has been recycled from previous sales....

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Posted By: Peter Thomas

I agree with Scott that it seems strange to have all of this premo wax together. If I had only known as I was opening those 52 packs that I should have put one away for each one that I opened. But there was nothing like opening wax - new packs just don't do it.

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Posted By: Mike (18colt)

I was just looking at their items and thought, "I should register so I can place a bid." Before I call to ask and run up my phone bill, does anyone know:

1) can you register without paying the $75 (to receive the catalogs -- I'd do my bidding on-line anyway, so I can see the items and thus, don't have a use for them - yes I know they're "nice" and "collectable", but I don't want to pay $75 for them)?

2) Why can they accept credit cards to pay the $75 but not accept credit cards for the auctions themselves?

3) What constitutes a "hobby reference"? Is there a master list of hobby references? Or can I put down my brother and my dad, since they own baseball cards?

Thanks for any and all replies.

Mike (18colt)

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Posted By: leon

A few possible answers. They probably don't accept credit cards because of the fees. The catalogues monies go to them, and compared to all of their lots, is an inconsequential amount. As for references pick 2-3 folks that you have bought, sold, traded, or spoke about cards to, and that will probably be fine. That really just want to know that you are a regular person....not one of the Flo-Joy (right Hal?) folks....fake and and/or a deadbeat.....later

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Posted By: Julie

I can't see out of two of my bedroom windows anymore...

My impression of Mastronet is that they don't pace themselves, never have, never will, don't want to. To carry on with the shark metaphore, don't you think other wax collectors will smell the blood in the water?

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Posted By: Glen V

You would think that with the number of different auction companies and the quantity/quality of the material, people would run out of money. That never seems to be the case, at least with Mastro. Their lots always sell high.

I still don't understand the large groups. Lots like 400+ mixed E cards - seems like that could easily be broken down to 3-5 lots and sold for more.

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Posted By: scott brockelman

to the poster above, please use a full name. i do not want to be confused with someone haveing a similar name, as i have been a long time reader, poster, collector and dealer.

thanks

scott brockelman

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Posted By: leon

Hey Scott Br. , we knew it wasn't you because he used some capital letters......later....and good luck hunting..

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Posted By: 823dek

This is the luxury of being rich at others expense!