This must be difficult for the consignor to watch. Hindsight is 20/20 and we've all made decisions that we've regretted, but turning down 35 Gs must be weighing heavily on him right now.

I think the card will sell, and not for the minimum bid either. I think there are deep pocket collectors who would purchase it for its uniqueness alone. With interest in the card ebbing, if I was planning on bidding, I would wait until the very last possible moment. I hope there is a flurry of late bidding activity for the consignor.

The hype is gone and so is the value of the card. The seller should have taken the money before. The card is just not worth 15k or anywhere near that now. We all have hobby regrets and I think this will be one of his for sure. Then again it's not over yet:eek:

auction end tonight !

We have a bid. Let's see if there are any other's in this race.

House of cards?

"House of cards? "

But they promised?!?!?!

It's a good test of ethics.

I think the consignor probably wished there weren't a bid, so that he could take the card back, and sell it at a better opportunity.

I always wonder how appropriate it is for us to discuss these things the day before an auction, when such a high dollar amount is involved. I wonder if the consignor or auction house have concerns about these discussions? Especially when none of us (who are discussing it) have any plans on bidding.

It's not like it's a fraudulent item that needs to be outed.

Here is an idea that is an off-spin of what I said. Maybe someone else already has one of these cards and this card legitimized their card. I could see someone bidding $15k if they already knew there was one out there, not everyone comes forward with new discoveries

REA sold a Tinker print error for 18k and shortly after the original example came to auction and went for 33k..maybe now is the time to buy :D

http://www.robertedwardauctions.com/.../2012/217.html
http://www.gregbussineau.com/media/PR/PR_1207.pdf

49 - 1909-11 T206 White Border Joe Tinker (Uniform Variation) SGC FAIR 20
33,720

I don't think there is anything wrong with discussing an auction on a forum like this. No matter what the item is. We would be talking about it around a table if we were all together. Granted this is more public, but why should that make it a no no to talk about the auction?

AndyH


.

I don't really think it's a 'no-no', but if it were my card, I'd be cringing - the recent discussions here couldn't be helping the value.

I like John's comment that maybe there's another one - if that were the case, I think $15K would be a deal.

Scott, I hear you. But I'm hard pressed to believe that we have that much influence on the market. Maybe I'm wrong though.

Also, what if there is another one out there and the owner of that other one just bought his second one. Now expose that there's two known and resell one for a killing.

Just a thought.

.

Well, that's the end of that.

Who bought it?

Some of the most likely buyers, imo, commented here that they were not interested at this time. So I don't think it was net54s fault. Just some people lost intrest.... It got cold real fast, is all.

Of course it's appropriate to be discussing an auction that a lot of us are interested in. The consignor and/or auction house may want us to or not want us to, but I am not sure why that is relevant at all. They are publicly auctioning an item, and the public is welcome to view the item, discuss it, comment on it, etc. That's how it is.

Discussions on this forum have affected my bids in some cases, for better or worse, and it's a good thing. More information and discussion leads to consignors and auction houses being more forthcoming and honest.

I wouldn't be surprised if the consignor bid on it, or if the auction house bid on it to "save" themselves from looking kind of silly - a flagship item of the auction not even getting a bid?

Who knows. Whoever got it though, nice card. I'd want it. Just not anywhere near 15K want it.

Call it a hunch... but I think we will see this card for sale again in the REA.. if not before.

Somehow I have the sneaking suspicion that we haven't seen the last of Mr. Walsh and his blue back.

"I wouldn't be surprised if the consignor bid on it, or if the auction house bid on it to "save" themselves from looking kind of silly - a flagship item of the auction not even getting a bid?"

+1

By someone bidding on this card it now validifies the pricing. If the auction house or consigner did it then that was wrong and dishonest. I don't think this card will every settle in ones collection too long. It's gonna be the new hobby slut. Passed from one to another getting cheaper and less interesting each time.

I totally disagree! This card in my opinion was most likely purchased by a wealthy, hard core t206 backs collector...or curiosities collector...to whom 15K is like a $20 bill...and it will remain in their collection for more than an auction season.

Not at all. The fact that it only got 1 bid, and near the end of the auction...

If I personally was able to obtain this card, I would not have any confidence that it would sell for 15K if auctioned again. And we don't know who bought it, if anyone really did end up "buying" it. Not accusing the auction house of anything here, but at the same time I can see why both the consignor and auction house would have a really big incentive to make sure the item does not end without a bid. Especially the auction house. They'd look silly if a flagship item does not sell, sending a message to other potential consigners that higher ticket items might do better elsewhere, and that they misjudged the value of a flagship item so completely as to have the auction end without even a minimum bid. If I owned the auction house I would have a huge incentive to avoid that kind of an embarrassment. Just sayin'.... my point is not to accuse them of anything, but rather, to just say that in my own mind, what I saw play out on the auction (to me) does NOT confirm this card really has a 15K value or would do that well if/when it's auctioned again.

Like others have said, I don't think we've seen the last of this card, and would be utterly shocked if we don't see it up for sale in a major auction house sometime in the next 12 months.

I have a bit of a different view. I don't think it would be embarrassing for the auction house if it didn't sell. I think it would just be that the market hadn't accepted this as a legitimate variety and took it more as an anomaly. If I had the money right now I would have liked to have owned it myself and I think whoever ended up with it did good. I doubt it was the auction house or consignor who bought it back. I think it was a T206 back collector. I have seen more money spent on (to me) less desirable cards many times. But again, that is only my point of view and I am most likely in the minority. Maybe the winner will come forth? I would if I won it, but then again, I am a show-off. :)

I agree with Leon in that Many less desirable cards Have sold for a lot more recently! I will take a blue Old mill Over a red Hindu any day of the week!

alot of conjecture on your part. you're not accusing them of anything, but you're implying it. a common bidding strategy is to bid toward the end of an auction so your competitor has less time to react. on this card why would you bid 15k during the first week and put a bullseye, announcing to other interested parties that there is a market for it? this is a 1/1 (so far) and fresh to the market so H&S doesn't lose any face by it going unsold, could be a number of factors.

imo the consignor didn't get the 35k, he took a gamble and lost but should still be happy with the price. even if he bought a t206 walsh sgc 30 at its peak it's still a $70-$80 card? he should absolutely be thrilled! reminds me of the board member who turned a $40 tinker uniform double print into 18k in rea. could be wrong but i'm with pete that the card went to a big time whale for his collection (could even be wonka ;))

Agreed

Yes, it is 100% conjecture. And maybe it's unfair to discuss the possibility that the card sold to someone connected to the consignor or auction house, as the auction got late and it looked like nobody might bid. But, there is a possibility this happened, and I think it should be OK to at least mention this possibility because it is extremely relevant to the discussion of how valuable this card really is. That's all I am trying to say, and yes it is complete and total conjecture.

x 2

I'm not so sure of that. IMO if there were several bidders on the card I would feel comfortable that a market value has been set. Not so much when there was one bidder. Time will only tell if the single bidder did great or overpaid. I'm sure he is comfortable with his chances, or at least hope so.

Yep, one bid doesn't mean anything when it comes to market value. I sniped $1,400 for a card last night, but got it for $685. What's the market value? :)

ding ding ding we have a winner!

(takes virtual bow)

yea. what was the deal with that. i saw that also...

any idea who that is or why someone paid that so much for it?

kevin

Heritage is open
 

The opening bid for the card in Heritage (now open) is $4500, so we shall see what happens here...

this blue old mill is back up at auctipon already?!?! got a link...i hate their web site!!!

thanks eric...42 days remaining?

yeah... auction was scheduled to open sometime next week (or two weeks). I have some stuff consigned and was shocked to get the email about items opening today.

i have noticed they always open early by a week or so.

kevin