Complete run of SI's found in storage locker auction

[Duluth Eskimo]

Dave,
I apologize for barking back that strong as everyone can and generally does offer an opinion, but seriously $50,000 plus? If you have been in the game as long as I am assuming you have been, that number seems ridiculous. I looked at 6 pages of sold SI's and yes some did have some decent numbers, but 90% were unsold and many of those were newer "Mike Trout" 1st edition or something like that. It doesn't even mention if it's a complete run and only a few magazines were shown.

Add to that, try recovering some of these fees from CGC:

Economy On-time 25 business days $200 per book $28 per book
Standard On-time 15 business days $400 per book $37 per book
Express On-time 5 business days $800 per book $55 per book
WalkThru On-time Same day No limit $77 per book

Jeff, that's great that you have been buying and selling sports memorabilia and magazines for 20-30 years, me too. You're going to tell me that you would be willing to buy this run for $10,000 or more?

I am not trying to offend anyone and i'm sorry if i'm ruffling feathers for people, but I think Heritage might be expecting a lot.

[ibuysportsephemera]

Originally Posted by Duluth Eskimo

Dave,

Jeff, that's great that you have been buying and selling sports memorabilia and magazines for 20-30 years, me too. You're going to tell me that you would be willing to buy this run for $10,000 or more?

Nope. I never said that. I think at $300 that they got a hell of a deal. With hard work and the correct marketing of the better issues and rarities they can turn a nice profit.

I thought you were harsh with Dave who was offering his opinion. You made it personal and you don't even know him. I have met Dave in person (because of Net54) and know that he has a ton of knowledge and experience. I have followed his eBay auctions and have visited his website.

You say that you are experienced which I have no reason to doubt. Do you have a website or an eBay account showing the items that you have for sale?

Instead of attacking you, I supported him.

Jeff

[Duluth Eskimo]

"I think many here are under-estimating this collection. Maybe not 100 Grand, but I have to imagine Heritage knows what they are doing in regards to this grouping."

and

"Unfair to compare them to a typical mid-grade collection of these that several select issues might be cherry picked out of."

Both of these statements are making bold assumptions about people making comments on this story. I guess it's not ok to take an opposing view of some "long time" sellers opinion.

Also, thanks and yes I have been selling on eBay for 20 years and I do have a website that I don't really sell on anymore, but I don't really feel the need to prove anything to you or get in some type or who's more knowledgeable contest. If you're as knowledgeable as you're claiming you know the numbers being thrown around are ludicrous.

[GrayGhost]

I would guess a sports ill junkie would overpay for some of the issues in high grade, but again, many there would be little or no interest in. He should just give it all to Heritage, with the tapes and all, and even w their fees, etc. he will get a REAL NICE profit, on just 330.00 orig investment.

I can understand wanting to get the "most you can', but in some cases, just getting a strong profit is easier in the long run.

[dwr11]

Like Jason, I have been buying and selling SI's forever. I would be very excited to find a collection like this because of the condition and the fact that they all appear to be NEWSSTAND Edition magazines. The two prototype (Dummy) issues are not impossible to find. I probably have 2-3 of each of them right now. They can sell for $200-$300 each on a good day. The first issue sells for $150-$200. The second issue sells for $200-$250. The 1955 Williams and the 1956 Mantle Newsstand Editions usually sell for $200-$300. The 1963 Clay and the 1970 Prefontaine will also sell for a few hundred. The 1955 Hogen, 1961 Maris and the 1955 Mays/Durocher will sell well if they have the NEWSSTAND flaps but probably $150 tops for each. There are some other issues that sell well and are very collectible because they are NEWSSTAND Editions but not for crazy money. On a good day if this seller could get $15,000 he should take it and be completely happy. A more realistic estimate is $7,500.

[D. Bergin]

Fella's, it's fine. I suggest we just wait until the Heritage auction and see what happens. I don't know if anybody noticed, but I did make the caveat that they would have have to spend a pretty penny on CGC grading to get to the number I threw out there.

I'm also going on the assumption that Heritage somewhat knows what it is doing in even accepting this collection. Selling off a huge magazine collection like this is extremely labor intensive, and they have to justify any consignment fee/buyers premium they get, with the work they put into it.

I'll be curious how they offer it out. Whether it's as one complete run, which is easier for them but will in no way get anywhere near the figure I mentioned......or will they break it up, use CGC for a couple hundred issues at least (I imagine they would have some sort of a sweetheart deal a normal collector wouldn't have access to) and break up into singles and raw higher grade 50 to 100 piece groups.

[slidekellyslide]

Heritage also tends to get bidders who apparently have no clue that ebay exists. Just yesterday I was researching an old accordion style trade card from the 1880s. Worthpoint shows about 5 or 6 sales in the past decade all showing them from $10 to $20, one even sold on ebay two months ago for $10...but Heritage had one and it sold for $175. I wouldn't rule out some hype to a complete collection pulling in bidders who are not necessarily sports memorabilia collectors.

[Duluth Eskimo]

Originally Posted by slidekellyslide

Heritage also tends to get bidders who apparently have no clue that ebay exists. Just yesterday I was researching an old accordion style trade card from the 1880s. Worthpoint shows about 5 or 6 sales in the past decade all showing them from $10 to $20, one even sold on ebay two months ago for $10...but Heritage had one and it sold for $175. I wouldn't rule out some hype to a complete collection pulling in bidders who are not necessarily sports memorabilia collectors.

Now this I can agree with, but still not at those numbers.

[GrayGhost]

Originally Posted by slidekellyslide

Heritage also tends to get bidders who apparently have no clue that ebay exists. Just yesterday I was researching an old accordion style trade card from the 1880s. Worthpoint shows about 5 or 6 sales in the past decade all showing them from $10 to $20, one even sold on ebay two months ago for $10...but Heritage had one and it sold for $175. I wouldn't rule out some hype to a complete collection pulling in bidders who are not necessarily sports memorabilia collectors.

Very true Dan. These "glossy, super slick" auctions spend the money to make presentations that blow your mind out, or , in the case of a less valuable piece, the "name" does it. I mean, its great for super valuable pieces, but otherwise, you pay for the name.

Same w the Alphabet boys COA's w autographs. Yes, on some its a valuable selling point to have one, but lets face it, as Chris, Richard, Jim and many others have said, do your research and you can get a good item, that is real.

[ooo-ribay]

Originally Posted by slidekellyslide

Heritage also tends to get bidders who apparently have no clue that ebay exists. Just yesterday I was researching an old accordion style trade card from the 1880s. Worthpoint shows about 5 or 6 sales in the past decade all showing them from $10 to $20, one even sold on ebay two months ago for $10...but Heritage had one and it sold for $175. I wouldn't rule out some hype to a complete collection pulling in bidders who are not necessarily sports memorabilia collectors.

I agree. Heritage, Hake's, whoever. The auction houses always get stupid prices.

[Huck]

Originally Posted by dwr11

Like Jason, I have been buying and selling SI's forever. I would be very excited to find a collection like this because of the condition and the fact that they all appear to be NEWSSTAND Edition magazines. The two prototype (Dummy) issues are not impossible to find. I probably have 2-3 of each of them right now. They can sell for $200-$300 each on a good day. The first issue sells for $150-$200. The second issue sells for $200-$250. The 1955 Williams and the 1956 Mantle Newsstand Editions usually sell for $200-$300. The 1963 Clay and the 1970 Prefontaine will also sell for a few hundred. The 1955 Hogen, 1961 Maris and the 1955 Mays/Durocher will sell well if they have the NEWSSTAND flaps but probably $150 tops for each. There are some other issues that sell well and are very collectible because they are NEWSSTAND Editions but not for crazy money. On a good day if this seller could get $15,000 he should take it and be completely happy. A more realistic estimate is $7,500.

Well said and as a collector who purchases Sports Illustrated covers (baseball only) to have signed, I totally agree.