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  #1  
Old 07-31-2009, 07:36 PM
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Jeffrey Lichtman
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Default "Legendary" Paper Restoration in their Live Auction!

Before:

http://www.lelands.com/bid.aspx?lot=684&auctionid=811

After:

http://www.legendaryauctions.com/Lot...100&category=1

"A small repair has been effected at the right side, and paper has been added to the extreme tip of each corner."

Hmmm....big piece of tape removed and the corner which was eaten by a dog is now back! Just a "small repair..." I wonder if the paper restoration company that did this work also did the Keeler Cabinet which Mastro previously butchered?

Regardless, it would seem that Mastr--woops--Legendary again does well following up from a Leland's sale.
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  #2  
Old 07-31-2009, 07:48 PM
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Dan Bretta
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I suppose it depends on your perspective as to what constitutes a small repair...I'd like to see before and after pictures of the other two programs that Allen refers to as having significant repairs. This one just doesn't scream out to me that Mastro/Legendary is trying to fool anyone.
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  #3  
Old 07-31-2009, 07:49 PM
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Well, how about the before picture of this program itself? Might be more relevant than a reference to similar programs.
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  #4  
Old 07-31-2009, 07:55 PM
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Dan Bretta
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I'm all for disclosing information, and I agree they probably should have before pics of anything that is restored in any way...I'm guessing anyone looking to purchase knew exactly where the program came from.

Did this program sell? Looks like the auction closed with only the minimum bid.
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  #5  
Old 07-31-2009, 08:00 PM
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I believe just the internet bidding is closed; this lot is part of the live Mastro auction at the National.

And I'm not so certain that a buyer of this program would have known that it was previously sold over a year ago in Lelands auction. Who can keep track of every single lot in every auction?

Regardless, I can't understand why 'before' pictures were not included or why when giving comparison sales prices of purportedly similar programs Mastro neglected to note what THIS program sold for. After all, which prior sale is more relevant to a prospective bidder -- some unknown "similar" restored programs or the actual unrestored program?
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  #6  
Old 07-31-2009, 08:07 PM
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Well, if I'm about to drop a hundred grand on a WS program that has disclosed restoration I ask for before pics.
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  #7  
Old 07-31-2009, 08:07 PM
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Paper added at the "extreme tip" seems a bit understated given the picture in Leland's. Graphic Restorations does impressive work.
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  #8  
Old 08-01-2009, 05:08 AM
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After checking out the Legendary website, it looks like many lots were either passed on or no bid. The remaining lots looked super weak on the selling price. Fredrick Ruth under $6k, t-208 under $4k, etc. I would have bid higher on both of those lots. I think the live auction process doesn't involve the masses and was a dis-service to the consigner. Was that the worst auction in the past 10 years, or am I missing something?
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  #9  
Old 08-01-2009, 05:59 AM
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While full disclosure of restoration is important, I don't agree that pieces such as this should just be left alone. Old paper becomes very acidic over the years and in time may disintegrate. Even minimal restoration goes a long way in preserving it, and you can deacidify the paper so it doesn't continue to break down.

But I do agree that this one has had more than minimal restoration. There should have been more information provided for prospective bidders.
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  #10  
Old 08-01-2009, 06:07 AM
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Nice program, I wish I had that kind of cash to own one. I'm sure my Sox collection won't ever see one.

Restoration - I've done a lot of it on same era brewery advertising to stabilize, preserve and improve the esthetic beauty. Perhaps the program was brittle that restoration was required before it fell apart any further. They did the same thing to Old Glory at the Smithsonian.

I couldn't care less about the $$ when evaluating a piece for restoration. It all depends on your perspective. Sometimes it's not all about the almighty dollar (Maybe it's me, but it seems that the almighty buck rules cards more than anything else in the sports collecting hobby - so much is based on minute condition flaws vs. actual rarity).

I have friends who have restored sports photographs and lithographs.
The auction discloses restoration. If it's not your thing, don't bid.
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  #11  
Old 08-01-2009, 08:53 AM
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I agree. If it sells for more, then why not? It's their money, not ours.
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  #12  
Old 08-01-2009, 04:38 PM
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Default buyers prospective

I was the lucky high bidder on the restored 1903 WS Game 1 program. I was aware this was the same program Lelands sold. When it was sold in Lelands, I passed on it as it wasn't pleasing to my eye. When it was offered again through Legendary Auctions, with the professional restoration, it was very pleasing to my eye! I'm excitied to own it. Job well done on the restoration and congratulations to an amazing and fun Live auction in Cleveland. Great job Doug Allen and crew.
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  #13  
Old 08-01-2009, 07:15 PM
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Great item, before.
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  #14  
Old 08-02-2009, 12:10 AM
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Default you are wrong

Quote:
Originally Posted by chiprop View Post
After checking out the Legendary website, it looks like many lots were either passed on or no bid. The remaining lots looked super weak on the selling price. Fredrick Ruth under $6k, t-208 under $4k, etc. I would have bid higher on both of those lots. I think the live auction process doesn't involve the masses and was a dis-service to the consigner. Was that the worst auction in the past 10 years, or am I missing something?
You are missing something. The T208 went for about 25k after juice....and the Fredericks Ruth went for about 20k after juice. Their website didn't update prices. I was there and had a great time. regards
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  #15  
Old 08-02-2009, 08:28 AM
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Congrats on the program. Don't you think you could have gotten the Lelands program and then had similar restoration performed for a little less than the additional $50K? I would assume the same restorers work for multiple people. Still a beautiful piece.
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  #16  
Old 08-02-2009, 09:55 AM
nyyanksghr nyyanksghr is offline
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Tom-Great question. Yes, I could have purchased the program in Lelands and found a restorer on my own, for much less, I imagine. The reason for my elevated bid in the Legendary auction was two fold: 1. Since the last offering in lelands, I was outbid in a private offering on an 03 program. The price was 90,000. 2. Through research since the Lelands offering, I have become convinced that this is the ONLY documented Game 1 03 WS program. My feelings towards value greatly changed. Congratulations to Doug Allen for putting together a fantastic Live auction. The prices were strong, which should make all collectors breathe a little easier.

Last edited by nyyanksghr; 08-02-2009 at 09:56 AM. Reason: crrection
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  #17  
Old 08-02-2009, 10:07 AM
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Jeffrey Lichtman
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John, so you purchased two very expensive restored items in one auction? You must have a lot of faith! Did you get a chance to see the 'before' pictures of the Wagner?
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