Goldin Winnings/Losings

[bcbgcbrcb]

I don’t know what the final numbers are but seems that total dollars bid in this auction was staggering. If you divide the total by the number of lots, I would surmise that this is the highest per lot auction, maybe ever. Or at least since Goldin was selling all of the basketball and Patrick Mahomes RPA’s in 2021. If it appears that those numbers were severely overinflated in 2021 compared to today, that’s probably because they were, and then some. When we look back at this one five years from now, will things be any different? I read the T206 thread and wonder how many other lots really did not sell and just portend to drive up the market prices on lots of this high-end stuff. It’s a game that I can’t participate in financially but some can.

It seems that today’s post-COVID collector has no reservations about spending their money wildly, at least to me seems financially irresponsible. That’s why back in the pre-COVID days, card values inched up incrementally and all seemed well with the hobby. Now it’s more like the Dow Jones.

BTW my main target was the M101-1 Wagner which sat at $30K until extended bidding, then nearly doubled after I was the high bidder at 10pm but couldn’t afford to go another bid increment. (Actually couldn’t even afford that but would have found a way to come up with the money somehow). The majority of the high-end lots seemed to move very little during extended bidding, except for my second option, the 1915 Ruth Type 1 photo w/pitching staff. That one more than doubled. Boy, I really know how to pick’em huh?