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-   -   REA: What Did You Win? (http://www.net54baseball.com/showthread.php?t=221818)

clydepepper 05-01-2016 04:53 AM

REA: What Did You Win?
 
The REA Auction is finally over.

I missed out on the N162 Kelly as part of my planned two-part upgrade, but did with the other half - N28 Ward and finally got my Satchel Bowman RC.

-feel like I got a good deal on the Ward, but paid too much (though it seems to be the current market) for the Paige.

Overall, in spite of the disappointment of not landing the Kelly card, it was okay. The seller's fee aka buyer's premium alone for the Kelly wound up being a grand! I'll be paying out $560 extra for my two cards.

Time to re-evaluate the wisdom of continuing to purchase any card through auction houses.

Edge to the 'bay, perhaps?

:o

shernan30 05-01-2016 05:44 AM

:D:D:D:D:D:D:D

I won my first ever lots last night......well early this morning would be more accurate. Woke up at 2:45 to see I was outbid on the Schmelz OJ (kind of disappointed) so I threw in another bid on the N28 Glasscock. The late bid was successful. Very happy to add the N28 to go along with my Glasscock OJ. Now if I can only find a decent priced N162 ;);).

I also was the winner of the 1890s base ball trophy. Its a pretty neat piece and will be a great addition to my collection.

The third lot I was the winner of :D:D:D:D:D is for my wife. The 1910s E45 American Caramel "Easter Subjects" Complete Set will be a welcome addition to her animal card collection.

There were some really good deals especially some of the larger groups. Lot of 30 T207 for $1000, lot of 30 1914 CJs for $3250 :eek: just to name a few.

Congrats to all the winners. I'm very happy to be in the club now :cool: with my wins and the tears to come from the 20% bp and shipping costs :(.

IronHorse2130 05-01-2016 05:51 AM

Sorry for the silly question but this is my first time bidding in an REA auction. When does one receive confirmation that they were the high bidder on a lot?

shernan30 05-01-2016 05:57 AM

If you go to My bids it will list if you are still the high bidder.

IronHorse2130 05-01-2016 06:07 AM

1 Attachment(s)
Quote:

Originally Posted by shernan30 (Post 1533912)
If you go to My bids it will list if you are still the high bidder.

Thanks, Steven. Guess I won my first item from REA:

http://bid.robertedwardauctions.com/...e?itemid=39823

autograf 05-01-2016 06:17 AM

To go with my 1957 Topps Set

http://lh3.googleusercontent.com/-k_...o/IMG_1845.PNG

Leon 05-01-2016 06:45 AM

early team pic

http://luckeycards.com/1875team.jpg

trobba 05-01-2016 06:58 AM

t213-3 Chance
 
1 Attachment(s)
Won this and a couple others...was quite pleased with price on this one.

Rob

Piratedogcardshows 05-01-2016 07:10 AM

Shipping is on REA this go around so that helps out a little with the BP costs. So many lots I wanted but I decided to go big on just one. After a quick question to REA I will post my winnings!

CharleyBrown 05-01-2016 07:18 AM

First ever win in an REA Spring Auction:

http://bid.robertedwardauctions.com/...e?itemid=39818

http://bid.robertedwardauctions.com/...em_39818_1.jpg

Collecting goal for 2016 complete.

pherbener 05-01-2016 07:21 AM

I won the M101-1 Lajoie rookie I've been looking for to display with my Cy Young and their autographed 1939 First Day Cover

http://bid.robertedwardauctions.com/...e?itemid=39124


https://farm1.staticflickr.com/759/2...0b3cbbef_z.jpg12-13-15 by Chiropractic and Rehab Associates, on Flickr

https://farm2.staticflickr.com/1582/...b88b168e_z.jpg1899 M101-1 Cy Young by Chiropractic and Rehab Associates, on Flickr

ullmandds 05-01-2016 07:25 AM

1 Attachment(s)
Feeling like I got sucker punched this morning! I picked up the small lot including t216-3 miller and a "true' mantle rookie.

yanksfan09 05-01-2016 07:26 AM

Nice Gehrig and Cy Young items up there!

atx840 05-01-2016 07:36 AM

REA: What Did You Win?
 
Love living in Canada...but :(

Subtotal:$2,400.00
Tax ID:NA
Shipping / Insurance:$1,000.00
Additional Shipping:$0.00
Final Balance:$3,400.00

shernan30 05-01-2016 07:51 AM

Quote:

Originally Posted by ullmandds (Post 1533930)
Feeling like I got sucker punched this morning! I picked up the small lot including t216-3 miller and a "true' mantle rookie.



Nice Mick!!

4815162342 05-01-2016 07:52 AM

Quote:

Originally Posted by atx840 (Post 1533940)
Love living in Canada...but :(

Subtotal:$2,400.00
Tax ID:NA
Shipping / Insurance:$1,000.00
Additional Shipping:$0.00
Final Balance:$3,400.00


What the ???

pawpawdiv9 05-01-2016 07:58 AM

Finished my 4 Cobb run...grabbed the Cobb Bat/On.

kickitup 05-01-2016 07:59 AM

T206 Mathewson psa 7.5 portrait!

Well the sgc 5.5 Cobb went for huge money! I guess my 5.5 purchase a few months back from Pwcc is looking better now huh... Everyone said I was crazy...

Woo hoo

Edwolf1963 05-01-2016 08:02 AM

Quote:

Originally Posted by Jason (Post 1533924)
Shipping is on REA this go around so that helps out a little with the BP costs. So many lots I wanted but I decided to go big on just one. After a quick question to REA I will post my winnings!

Shipping has been on REA last several go-rounds (at least for domestic US) .. they've had that in-place at least a year or so now I believe. Nice :)

I hit like 1 of 11, a lot of T206 SL'ers. Went back and forth on the lone E94 (I think it was lone for that set in this auction) - Davis PSA6 and finally relented. Same with the a few E98's and E97's as well as trio of J Ross helms in Pied, OM and Hindu - congrats to whomever won those!

Still collecting the "E"s primarily - E93's done, I have most of the E94's, E95's (just need Wagner) and E98's as well. E96 and E97 less than half still.

Leon 05-01-2016 08:06 AM

Quote:

Originally Posted by kickitup (Post 1533948)
T206 Mathewson psa 7.5 portrait!

Well the sgc 5.5 Cobb went for huge money! I guess my 5.5 purchase a few months back from Pwcc is looking better now huh... Everyone said I was crazy...

Woo hoo

No idea what your green Cobb looks like but you can take the one last night out of the equation for relative sales. No other 5 or 6 will come close to that one for a long, long time if ever. Congrats on the Matty, a superb card.

Peter_Spaeth 05-01-2016 08:06 AM

Quote:

Originally Posted by atx840 (Post 1533940)
Love living in Canada...but :(

Subtotal:$2,400.00
Tax ID:NA
Shipping / Insurance:$1,000.00
Additional Shipping:$0.00
Final Balance:$3,400.00

Sled dogs are expensive these days.

bobfreedman 05-01-2016 08:07 AM

Won three lots
 
1 Attachment(s)
This was my fave

bobfreedman 05-01-2016 08:09 AM

One more
 
1 Attachment(s)
One more

philliesphan 05-01-2016 08:21 AM

Quote:

Originally Posted by 4815162342 (Post 1533945)
What the ???


Same $1,000 charge for shipping to UK. I imagine that it is a placeholder -- as even if there are customs / other issues to solve for, it likely is not $1,000 precisely

btcarfagno 05-01-2016 08:33 AM

Quote:

Originally Posted by bobfreedman (Post 1533956)
One more

This was one of my favorite pieces in the auction. Congrats!

Tom C

bwbc917 05-01-2016 08:53 AM

2:45 am
 
Lasted longer than for any REA before. Hoping to afford the Pickering letter or the E107 Earl Moore, but the purse strings drew too tightly. I did get the 1908 Postcard of George Stovall.

btcarfagno 05-01-2016 09:02 AM

I was underbidder on:

Group of 6 SGC 60/70 Old Judge
W601 1909 Philadelphia A's composite with Joe Jackson
1913 Baseball Player Stamps Joe Jackson
Dr Steen signed M101-2 collection of three
Kennesaw Mountain Landis signed photo


Was able to get these two:

Cuban card collection

http://i792.photobucket.com/albums/y...psldwgeedl.jpg

http://i792.photobucket.com/albums/y...psiywuechf.jpg

http://i792.photobucket.com/albums/y...ps7c6ps09k.jpg


and group of four E93 blank backs including Plank and Tinker


http://i792.photobucket.com/albums/y...psbcytmgx4.jpg

http://i792.photobucket.com/albums/y...ps9capncyy.jpg

ZachS 05-01-2016 09:04 AM

I got nothing. I was high bidder for a while on the T214 Oldring but I went to sleep. I'm not too upset about it as I didn't want to go any higher on it. Ah well.

Michael Peich 05-01-2016 09:06 AM

2 Attachment(s)
I was shut out on everything except these nice 19c Cosack trade cards. I especially like the backs.

Pete--Nice Mantle, and I could not agree with you more on the fact that it is the TRUE Mantle rookie. I have never understood the argument for the OTHER one!

Cheers,
Mike

1880nonsports 05-01-2016 09:12 AM

S81 baseball silk
 
for my nearly finished silk run. I lost control in the waning hours.

Bob - I found the REA with circus cover. I'll try and send later.

I am drooling over your Boston Garter.

Jdoggs 05-01-2016 09:12 AM

Nice Gehrig and mantle.

GregMitch34 05-01-2016 09:33 AM

1 Attachment(s)
Was one of those nights where was into 9 and ended up only with choice #9. Still a gorgeous card, with the dark uniform setting it off and, as they say, 'highest graded."

http://www.net54baseball.com/attachm...1&d=1462116787

rhettyeakley 05-01-2016 09:34 AM

Won 2 lots, A Cameo Pepsin HOFer and a mix lot w/ really tough types mixed in...
http://starsofthediamond.com/cameogriffith.jpg
http://starsofthediamond.com/rea2016lot1.jpg
http://starsofthediamond.com/rea2016lot2.jpg

Brian Van Horn 05-01-2016 09:37 AM

2 Attachment(s)
.

CardboardCollector 05-01-2016 09:39 AM

Quote:

Originally Posted by atx840 (Post 1533940)
Love living in Canada...but :(

Subtotal:$2,400.00
Tax ID:NA
Shipping / Insurance:$1,000.00
Additional Shipping:$0.00
Final Balance:$3,400.00

Probably cheaper to fly down, pick it up in person and pay the duty/tax. :)

mechanicalman 05-01-2016 09:41 AM

1 Attachment(s)
I think this was an impulse purchase to try to just win "something." Never a great strategy, but still happy to pick up a CJ.

pokerplyr80 05-01-2016 10:06 AM

1 Attachment(s)
This was from the other auction that ended last night.

shammus 05-01-2016 10:11 AM

2 Attachment(s)
Thought I'd be shut out this year but managed to sneak one card out late...

e94 printing oddities and errors are very few in number so I'm happy to have this one!

Attachment 229577

Attachment 229578

mechanicalman 05-01-2016 10:14 AM

That's an awesome Speaker, Brian.

pherbener 05-01-2016 10:17 AM

Quote:

Originally Posted by mechanicalman (Post 1533994)
That's an awesome Speaker, Brian.

Yes it is!! Very cool!!

jmb 05-01-2016 10:21 AM

-

edjs 05-01-2016 10:28 AM

Quote:

Originally Posted by ZachS (Post 1533970)
I got nothing. I was high bidder for a while on the T214 Oldring but I went to sleep. I'm not too upset about it as I didn't want to go any higher on it. Ah well.

Sorry Zach, that was me. When there was no action on the other lot I was winning, I decided I could go one more on something else, and it was the Oldering. The other lot I picked up was the A.W.H. Shag.

CardMD 05-01-2016 10:46 AM

REA: What Did You Win?
 
Picked up the T206 PSA 6 lot of six HOF portraits.

Also got the Williams 48 Leaf PSA 5

Aaron

dstudeba 05-01-2016 10:48 AM

Quote:

Originally Posted by edjs (Post 1534007)
The other lot I picked up was the A.W.H. Shag.

Congrats Ed!

bobfreedman 05-01-2016 10:51 AM

Last One
 
1 Attachment(s)
Last One

Edwolf1963 05-01-2016 10:59 AM

Quote:

Originally Posted by pherbener (Post 1533997)
Yes it is!! Very cool!!

Yes - that's right, there was another E94. I have Speaker (love the oddity back on this one, Brian) - didn't have the Davis PSA6, bid up a few times but ultimately threw in the towel late on that one ;)

shammus 05-01-2016 11:08 AM

Thanks for the kind words guys!

For most of the auction I had focused on the e92 Crofts miscut, but decided at the last second to try the Speaker. Will find a good home over here for sure!

shammus 05-01-2016 11:09 AM

Quote:

Originally Posted by edjs (Post 1534007)
Sorry Zach, that was me. When there was no action on the other lot I was winning, I decided I could go one more on something else, and it was the Oldering. The other lot I picked up was the A.W.H. Shag.


You got your Shag...congrats!

glchen 05-01-2016 11:09 AM

Was shut out last night. Oh well, on to Heritage!

Piratedogcardshows 05-01-2016 11:16 AM

Ed...congrats on the AWH Shag. Those two E222,went for great prices. Really like that issue.

jcc6252 05-01-2016 11:20 AM

Very disappointing night with zero pickups. I was the under bidder on 6 lots.

227 E92 Mathewson
252 E95 Mathewson
255 E96 Baker
811 1933 Goudey Hubbell
845 1934 Goudey Gehrig
1869 SK Ruth

Congrats to the winners! Oh well, there's always another auction around the corner. Biggest surprise of the lots I was bidding on was the 1915 CJ Lajoie PSA 7, that went for $4,000 plus the juice. I wonder if the bidder made a mistake and did a straight bid for $4,000, instead of a max bid? It jumped from $2750, straight to $4,000.

edjs 05-01-2016 11:23 AM

Thanks for the kind words on the Shag, guys. I was nervous about it all night, as anyone in the chat room last night knows. On that note, that was a lot of fun, some good discussions going in chat last night. Gotta do it again for HA coming up.

edjs 05-01-2016 11:33 AM

Quote:

Originally Posted by bobfreedman (Post 1534021)
Last One

Bob, what is that? A cigar box top? Cool, neat to see the swastika before the evil that is now associated with it. It used to be a symbol of hope and good fortune, used in many cultures around the world. It is interesting that the same symbol was used from Native American tribes to Hindus, with the oldest know example found in the Ukraine dating 12000 years ago.

kmac32 05-01-2016 11:47 AM

1 Attachment(s)
1912 T207 Ward Miller with Red Cycle back. Do not know who I was bidding against but got a big addition to mt T207 Cubs

sgbernard 05-01-2016 11:59 AM

Quote:

Originally Posted by edjs (Post 1534007)
The other lot I picked up was the A.W.H. Shag.

Edjs, I was the closest underbidder on the Shag, but did manage to win with the E222 Sieber. I'm so so happy to add an example of this impossible type for that price, and I think you got the Shaughnessy at a really incredible price!

bobfreedman 05-01-2016 12:02 PM

1 Attachment(s)
Quote:

Originally Posted by edjs (Post 1534050)
Bob, what is that? A cigar box top? Cool, neat to see the swastika before the evil that is now associated with it. It used to be a symbol of hope and good fortune, used in many cultures around the world. It is interesting that the same symbol was used from Native American tribes to Hindus, with the oldest know example found in the Ukraine dating 12000 years ago.

It is an original color process proof used in the production of the circa 1910 Cy Young tobacco tin. I have attached my Cy Young tobacco tin

pokerplyr80 05-01-2016 12:06 PM

Quote:

Originally Posted by pawpawdiv9 (Post 1533947)
Finished my 4 Cobb run...grabbed the Cobb Bat/On.

Congratulations I know you've been looking for a while. Which one did you get?

Huck 05-01-2016 12:12 PM

Tango
 
I was interested in the two Tango egg cards but ended up not bidding. One, I really had no idea how to properly value the cards and two, I have a hard time starting another set when I have yet to finish the 1954 Red Heart set.

I was interested in hearing if $720 (comm included) is a good deal for the two cards?

http://www.bestofneworleans.com/blog...ll-close-oct-5

Thanks.

Snapolit1 05-01-2016 12:22 PM

Nada. But was happy to go to the White Plains show today and pick up a nice Gehrig card. Didn't pay a 20% premium either.

sgbernard 05-01-2016 12:27 PM

Quote:

Originally Posted by biohazard (Post 1534072)
I was interested in the two Tango egg cards but ended up not bidding. One, I really had no idea how to properly value the cards and two, I have a hard time starting another set when I have yet to finish the 1954 Red Heart set.

I was interested in hearing if $720 (comm included) is a good deal for the two cards?

http://www.bestofneworleans.com/blog...ll-close-oct-5

Thanks.

I think it's market price for these Tango Eggs, or a bit high, but not much. But these are among those cards most commonly found, whereas you'll never complete a set with several other cards known from only one or two examples.

Cmount76 05-01-2016 12:34 PM

I was lucky enough to win the Dummy Taylor lot of cards including (2) C46 Imperials, E91A Caramel, Fan Craze, and a few Souvenir Post Cards.

I was shut out on 4 others...

oldjudge 05-01-2016 12:35 PM

If anyone won Old Judge lot #69, I would like to trade for or purchase the Donnelly card. Please email me at oldjudge@gmail.com if you can help.

Thanks--Jay

edjs 05-01-2016 12:36 PM

Quote:

Originally Posted by sgbernard (Post 1534061)
Edjs, I was the closest underbidder on the Shag, but did manage to win with the E222 Sieber. I'm so so happy to add an example of this impossible type for that price, and I think you got the Shaughnessy at a really incredible price!

Seth, I was happy with the final hammer on the Shag, I had a higher autobid, always refreshing when it doesn't hit your max. That allowed me to go get the Victory Oldering as well.

Bob, that really is a cool piece now that I see it for what it really is. It will look great with that tin!

CharleyBrown 05-01-2016 12:50 PM

Quote:

Originally Posted by Snapolit1 (Post 1534078)
Nada. But was happy to go to the White Plains show today and pick up a nice Gehrig card. Didn't pay a 20% premium either.

How was the show? Wanted to go, but it wasn't in the cards with the Mets game on Friday night and birthday parties to attend all weekend.

Bosox Blair 05-01-2016 12:52 PM

Quote:

Originally Posted by atx840 (Post 1533940)
Love living in Canada...but :(

Subtotal:$2,400.00
Tax ID:NA
Shipping / Insurance:$1,000.00
Additional Shipping:$0.00
Final Balance:$3,400.00

Have no fear, Chris. I've been buying from REA auctions for 10 years. For buyers outside the US, they put a fixed huge $ number in for shipping to get you to call them and make arrangements. They will treat you right when you call them!

Cheers,
Blair

Huck 05-01-2016 12:58 PM

Quote:

Originally Posted by sgbernard (Post 1534080)
I think it's market price for these Tango Eggs, or a bit high, but not much. But these are among those cards most commonly found, whereas you'll never complete a set with several other cards known from only one or two examples.

I appreciate the reply. From my research, I knew the Beschler was the most commonly found. I had no knowledge has to how many specimens have graded at the 7 and 8 level. The cards are nice looking.

Bosox Blair 05-01-2016 01:05 PM

4 Attachment(s)
Finally got my Cicotte E125...and a real nice one at that!

Also won a '52 home uniform worn by Harry Taylor. From what I can gather, he would have worn this uniform when he pitched a complete game win over Philly in April of '52. Shortly after that he was out of the bigs. I have no idea about uniform collecting, but this one is my size, and I plan to wear it when the time is right! And the price seemed fair to me too. :)

pete zouras 05-01-2016 01:28 PM

Lot #60 Griffin Baltimore Old Judge
 
If anyone won and wants to move it please contact me at kp.zouras@verizon.net. Thanks, Pete

Peter_Spaeth 05-01-2016 01:33 PM

Quote:

Originally Posted by Snapolit1 (Post 1534078)
Nada. But was happy to go to the White Plains show today and pick up a nice Gehrig card. Didn't pay a 20% premium either.

The premium is just part of the price. Right, Bob??

T206Collector 05-01-2016 02:16 PM

Rea
 
I am super thrilled to add another unique pose signed T206 to my collection. Welcome aboard Mr. Sullivan!

<a href="https://picasaweb.google.com/lh/photo/TjzC4VuubLbL37YvlYBQZjiJm_Z5QsNdec5_I7WHZRE?feat=e mbedwebsite"><img src="https://lh3.googleusercontent.com/-nWqWzxMuMd4/VyZiVJQ5bRI/AAAAAAAAuIY/aIofEcdFhQcyxGcgSSFa_0nIj3YlwVY4gCCo/s800/Sullivan.jpg" height="800" width="485" /></a>

I am also really excited to have picked up the only signed Obak I've ever seen, and it's the future 1925 AL MVP Roger Peckinpaugh!

<a href="https://picasaweb.google.com/lh/photo/fB0UrXUbTBRFuNq7eoKZUziJm_Z5QsNdec5_I7WHZRE?feat=e mbedwebsite"><img src="https://lh3.googleusercontent.com/-NVaf6FaOAR0/VyZiU592JSI/AAAAAAAAuIU/OKpgXSPLo_8Qw-5wEC16QYPCJo9jACIZACCo/s800/Peckingpaugh.jpg" height="800" width="507" /></a>

AND... I even added a pair of signed M101-2 from the Doc Steen collection to bring my total number up to 11!

<a href="https://picasaweb.google.com/lh/photo/5QYKrapO4rBJqNNsOxdsCsBHQ-tuVpscDIjnNBVhQWM?feat=embedwebsite"><img src="https://lh3.googleusercontent.com/-3Pujf_o1Oos/VT5Pcmhf2xI/AAAAAAAAoc8/RCT7NSydYScYw5dhNNBzz2sNcbqm8V8JgCCo/s800/Carrigan%2BM101-2.jpg" height="800" width="659" /></a>

<a href="https://picasaweb.google.com/lh/photo/bW4ve_5u6vCPF8_otWMLvsBHQ-tuVpscDIjnNBVhQWM?feat=embedwebsite"><img src="https://lh3.googleusercontent.com/-TmVrl3Q9CiU/VT5Plm2ae8I/AAAAAAAAoc8/VwT5IyoOzSYh-_OlkxJiK4DOxjqScjaWwCCo/s800/Schulte%2BM101-2.jpg" height="800" width="646" /></a>

I also picked up a dupe of Larry Doyle if anyone is interested in picking one up...

<a href="https://picasaweb.google.com/lh/photo/PcZJZDCBJEYu5wwq2oaM9cBHQ-tuVpscDIjnNBVhQWM?feat=embedwebsite"><img src="https://lh3.googleusercontent.com/-ZzJ1fMCX4es/VT5PfIVTGkI/AAAAAAAAoc8/iOdTI6nObZ05llaXxXfn3fQnD91XRthDwCCo/s800/Doyle%2B2%2BM101-2.jpg" height="800" width="640" /></a>

<a href="https://picasaweb.google.com/lh/photo/uYcJeq-KaYHGslJ6WM_2OcBHQ-tuVpscDIjnNBVhQWM?feat=embedwebsite"><img src="https://lh3.googleusercontent.com/-S04zLNqhkdY/VT5PfuSmgeI/AAAAAAAAoc8/fZT4CIlHhNE4biYHzLTP5QcVSs2sasy1QCCo/s800/Doyle%2BM101-2.jpg" height="800" width="657" /></a>

GregMitch34 05-01-2016 02:17 PM

Amazing to me how many people even here complain about paying 15% or 20% "premium" or "extra" in an auction. As you know, just means, in most cases, that the hammer price was 15% or 20% lower.

Peter_Spaeth 05-01-2016 02:18 PM

Quote:

Originally Posted by GregMitch34 (Post 1534129)
Amazing to me how many people even here complain about paying 15% or 20% "premium" or "extra" in an auction. As you know, just means, in most cases, that the hammer price was 15% or 20% lower.

I know. It's incomprehensible to me.

btcarfagno 05-01-2016 02:19 PM

I was underbidder on the Carrigan/Schulte/Doyle. Don't forget it comes with the Carrigan letter (signed by Carrigan) as well.

Tom C

Snapolit1 05-01-2016 02:20 PM

Sometimes it means you paid market price, including the premium. And sometimes it means you paid the market price and then paid 20% extra. Could mean either one depending on how informed the bidding was how efficient the market worked.

atx840 05-01-2016 02:25 PM

Thanks Blair, figured something was up.

Very happy to get this one back.

http://i.imgur.com/ifQTpwD.jpg

Peter_Spaeth 05-01-2016 02:32 PM

Quote:

Originally Posted by Snapolit1 (Post 1534133)
Sometimes it means you paid market price, including the premium. And sometimes it means you paid the market price and then paid 20% extra. Could mean either one depending on how informed the bidding was how efficient the market worked.

For any item I would care about, I am guessing virtually every bidder understands a premium is going to be added at the end, and bids accordingly.

Snapolit1 05-01-2016 02:43 PM

I'm not so sure that doesn't get lost many times in the heat of the moment. I'll confess I've lost track of it on occasion.

Bidding is a competition. Sometimes you just dig in and decide you're not going to lose. I've seen people overpay dramatically for houses simply because they were tired of losing and decided this time they sure as hell were going to win.

Peter_Spaeth 05-01-2016 02:44 PM

Quote:

Originally Posted by Snapolit1 (Post 1534142)
I'm not so sure that doesn't get lost many times in the heat of the moment. I'll confess I've lost track of it on occasion.

Bidding is a competition. Sometimes you just dig in and decide you're not going to lose. I've seen people overpay dramatically for houses simply because they were tired of losing and decided this time they sure as hell were going to win.

People overpaying is a completely different issue than the premium. Been there done that and will again I am sure. But I have no idea how anyone who bids regularly in auctions can forget about the premium, but whatever.

Snapolit1 05-01-2016 02:44 PM

I think there is a good reason why certain AH's don't show you what the bid looks like with premium until the invoice arrives.

Peter_Spaeth 05-01-2016 02:48 PM

Quote:

Originally Posted by Snapolit1 (Post 1534144)
I think there is a good reason why certain AH's don't show you what the bid looks like with premium until the invoice arrives.

Heritage computes it for you and they get phenomenal prices.


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