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  #21  
Old 08-28-2003, 05:51 PM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: Hankron

I owned the 'inferior' of the two known 1873 cards, and am first hand aware of the realized sale history. It is apparent that the convergence of the PSA holder, the sudden opinion that it's like a baseball card and the PSA registry has made the pricing go kablooey. When I sold mine I thought it was undervalued and perhaps time is giving it some justice.

The contrast is a bit light for my tastes, but it is a nice card. Very early for a major team (any photos of major teams before 1880 are rare), especially with all those stars. Also, there are very few card/photos depicting Spalding during his playing days. While I still won't call it a cabinet (because it isn't), I think it's a fine item, especially for someone looking to fill in the early HOFer holes in his wantlist.

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  #22  
Old 08-28-2003, 08:30 PM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: HalleyGator

Andy:

I am the high bidder, and I want everyone to stay away....

how is that "driving the price up"?

If I am missing something, PLEASE let me know.

The Mastro auction stays open all night ... so it's not like anyone can "snipe" at the very end.


Then again, you are indeed correct in that the price of mine goes up as this one goes up, so I won'b terribly heartbroken if someone outbids my HIGH max bid.


If I were truly evil ... I would put mine up for sale on EBAY right now with a high reserve ... to try and attract people AWAY from Mastro ...

and then close the bidding on mine after I win Mastro but before anyone could reach the ridiculous reserve.

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  #23  
Old 08-28-2003, 08:47 PM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: runscott

But I think anyone who posts about items they are interested in winning in an auction, is shooting themselves in the foot if they really intend to win the item. It's sad, but it only takes one "enemy" or one person who gets some sordid pleasure from screwing others, to cost you $$$$.

Also, I have already had three board members tell me lots that they planned to bid on, and I had bids in on two of them already, and was contemplating bidding on the third. I don't like being put in that position.

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  #24  
Old 08-28-2003, 09:10 PM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: Andy Baran

Hal,

I believe that it's costing you money for the following reason. There are lots of collectors out there that will buy something that they don't necessarily need to have, if the price is right. That being said, they don't want to let an auction lot on a premium item go to someone else for a deal. Based on your posts, they can bid freely, to make sure that they don't feel bad about letting the lot go for cheap, without any real fear of having to pay for the lot. That potentially costs you money. Am I wrong?

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  #25  
Old 08-28-2003, 09:30 PM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: Tom Boblitt

did I sell you the 'inferior' one? I bought it from Broadway Rick's and sold it off ebay for about $3000-$3500 or so. Think it might have been you. It was definitely inferior to the one Hal's bidding on now. Originally, part of the Copeland collection it had a light spot on the front and a bit of paper loss on the back--didn't it? I always thought it was undervalued--especially given the age on it. Should have kept it! Then I could sell it to Hal! Good luck bidding on it out there.......

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  #26  
Old 08-28-2003, 11:31 PM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: Hankron

Tom, you are correct.

Concerning bidding stragedy-- when you want to win something in an auction, the proper stragedy is to keep quiet (beyond getting private advice, opinions) and hope no one else notices the lot.

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  #27  
Old 08-29-2003, 02:54 AM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: Hankron

Rather, I should say that's my bidding technique. Not wishing to say there aren't other effective ones ... I remember that when Dr. Koos saw something he liked, he would threatened to run over any potential competor with one of his Mercedes Benzes. I don't know of the effectiveness, but it is an intriguing angle that Hal might consider, as I'm sure Hal has a fine car.

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  #28  
Old 08-29-2003, 05:56 AM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: HalleyGator

I guess I underestimated my reputation in the collecting community as "an idiot who will overpay for something he wants." I was counting on that to keep others away.


But then again ... I agree 100% that my strategy here is different because I already own one of these cards.


If someone outbids my MAX BID to ge this card ... I have spent NOTHING and increased the value of my card.


But obviously (since I can't retract my bid) I really do want this card.


Guys, these Mastro auction are WAY DIFFERENT than an EBay auction or some other small auction:.

1) An item on EBay or a small auction may very well slip by some collectors. An item on MASTRO is not going to slip by anyone serious.

2) An item on EBay has a DEFINITE ending time, so someone who is high bidder all week (at a low price) may get sniped at the very end. A MASTRO auction stays open WAY PAST the end time, so anyone who gets sniped at the "end" can STILL keep bidding!! Thus, nobody who is winning all week at a cheap price can get screwed without notice.


Believe me, if I kept quiet and let people bid on this thing all week ... and then I bid at the last minute ... all of the previous bidders would still have money to spend and would come back and out bid me.


My strategy is to let people know NOW that they are out of this race ... so hopefully they spend their money winning OTHER items ... and then don't come back to out bid me later.


Maybe it will work, maybe it won't ... but there is NO WAY that anyone can "SCREW" me by outbidding me out of spite since they will only be increasing the value of my other card.

Plus ... I will drive over them in my BMW M5.

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  #29  
Old 08-29-2003, 09:06 AM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: Jay Miller

Interesting post about bidding strategy. Personally Hal I think it is a bad idea to disclose your HIGH bid. I think this will encourage other bids and cost you some extra money even though you will still probably win the lot. It may increase the value of your other card, but maybe not. Look at the bidding on the Doyle-NY versus what Olbermann paid for an inferior copy several years ago. A high price on this card will not necessarily translate to a high price on a similar card next time it becomes available. Also, I know of at least three of these so whoever mentioned two known copies is off base.

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  #30  
Old 08-29-2003, 09:38 AM
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Default 1873 Boston Cabinet in Mastronet Auction

Posted By: halleygator


I guess I forgot to mention that I will NOT be AVAILABLE to "snipe" at the end of the auction ...

so I have NO CHOICE but to bid high now and hope I win.

I can't just wait and hope it stays low, because I will be out of commission when the auction ends.

Thus, my ONLY hope of winning was to bid REAL HIGH and try to scare other off.

Now, you may say -- what a fool to tell people this -- now they will know you are out of the race?

So what? I already bid the MOST I would pay for this card, so if I lose, I lose. I have the comfort of owning one already.

If someone else wants to own one, go for it, but I just wanted the nice people on this board to know that they can NOT win it cheap.

If I stopped even just ONE person from bidding out of kindness for me ... I saved money.

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