Goldin's Vintage Auction Preview is open and wow
 

Not sure if anyone saw it but Goldin Auction is having a Vintage Auction(I believe there first truly vintage but I could be wrong) and the preview for it on their site(auction opens on 10/4) and WOW and WOW

Some amazing cards, some rare cards and a vast assortment and selection and price point for all vintage collectors.

To Many great auctions and items from So many auction houses

Feel like a kid in a candy store (sometimes with out my allowance)

Nice group. It will be interesting to see how Ryan’s E107 set does relative to the set that was sold piecemeal in HA and Brockelman. More sharpie signatures on older/rookie cards. I can’t see why these are popular but to each his own. On a side note, when will there be a formal announcement of Joe T joining Goldin? Will it be cocoincident with his retirement announcement. 😂

https://gocollect.com/blog/vintage-c...dustry-experts
July 10,2024

https://www.sportscollectorsdaily.co...ase-in-dallas/

Joe T is one of the Best--and a dear friend--always a pleasure being with him--I will miss him across from me at the Shiners show (where we always talk and joke, but I know we will connect now being with Golden--See you in Nov.--I look forward to the Golden auction which starts next week--I have 19 consignments in it.

Just when I thought I was out, they pull me back in.

Thanks Ken! Stupid me, I kept checking the WSJ headlines.

Joe is entirely the reason I consigned my E107 set to Goldin. First, he sold (bugged) the heck out of me until I agreed. Second, and more importantly, when it comes to selling at auction, I trust Joe a ton. I know he will put 110% into the promotion of my items.

Regarding Goldin, all my experiences with Goldin have, so far, been very positive. I dont think I have sold anything with them, yet. But I have purchased plenty of cards and also some entertainment stuff and there has never been an issue. So far, this consignment experience has been easy and seamless (likely partly because of Joe). Of course, proof will be in the pudding, and my ultimate pleasure (or displeasure) will be based in large part on how the E107 set performs.

The offerings in this auction are incredible. Joe has done an amazing job with Goldin's inagrual vintage auction and, I suspect, he has laid a great foundation for future auctions.

Good luck and congrats to Joe, Ken, and Goldin

Nicely curated and very impressive group of cards. Good luck, Ryan.

IT IS LIVE NOW

SO THE FLOOD GATES ARE OPEN

Good Bidding

Looks like they opened the auction early

Just to be a little cheeky and a little serious... I have (6) of the (9) graded E107s on eBay right now and Joe didn't reach out to me to bid on this set.

Because you are selling, not buying!

But seriously, I am publicly chastising Joe with this post about not reaching out to you.

Ryan,
Best of luck with a fantastic one of a kind consignment.

Joe T is a force of nature as we all know, and Ken bringing him onboard will quickly bring Goldin’s vintage business to the top I suspect. Pretty crazy first vintage-only auction put together so quickly.

I agree with Jeff--Joe T is like the first lyrics of "The Candyman":

Who can take the sunrise
Sprinkle it with dew
Cover it in chocolate and a miracle or two?

How did ML ever let him get away?

Big mistake.
.

Absolute madness. If I was starting an auction house, I’d want my first three employees to be Joe T. Ken, to his credit, saw this.

Yea, I love that kid too!:) Good luck.

Maybe eBay threw some bucks and/or options at him?

Horsehide spheres
 

Not unique to Goldin, but the hyperbole in many of the descriptions is just too over the top. For most people who are bidding on these big lots, the sales job is unnecessary:


The assessment is due to even corner wear (with a few diminutive surface abrasions near several corners) and some negligible toning on both sides, none of which compromising the resounding central image that can literally take your breath away.

Worthy of a final resting place in the most esteemed rookie card gathering, we cannot even begin to estimate the lofty value

revealing the one and only Bambino in a classic pitching pose long before he would be walloping horsehide spheres into Yankee Stadium’s grandstands.


“Horsehide spheres”??! Lol

You may not like Joe's descriptions (I do) but besides the adjectives he does better analytic work than anyone out there. Look at the results--Joe's write-up's generate extra dollars for consignors.

I like Joe as much as the next guy, but I have to say in 30+ years of auction bidding I have never bid a single increment higher based on an auction write up. I don't think many people even read the descriptions anymore??

I read the descriptions, and sometimes I throw money at cards just for the prose. Like this one: https://goldin.co/item/1921-w521-han...authentic2hw6g

I was planning to scroll right by because it gave me a headache. But when I was told that effect is actually "intriguing," not "disruptive," it gave me pause. Now I kind of want to own the card so I can see what it looks through 3-D glasses. So, yeah, I'm high bidder.

196. Hyperbolshitter
Someone who completely overhypes what they are selling by flooding the listing with adjectives and all sorts of superfluous blather like “Highlighted by deep rich colors” or “...and the beautiful image dovetails into the pristine snow white borders.”

Nice. Bonus points if they use the terms "extant", "paucity", or "superfluous".

Don't forget "generational", "iconic", and "fresh to hobby".

and they get Double Bonus Vintage Points if they use them all in the First Sentence of the Description

Hyperbole notwithstanding, Joe did the write ups (and promoted) all of my lots sold in memory lane, which, compared to similar items recently sold in other auctions, generally did better. Maybe it’s timing, maybe it’s one AH vs the other, maybe it is aesthetics, or maybe it’s Joe. I believe it’s at least partially the latter. So Joe, you do you bc it works for me!

Regarding Goldin, I think the early action on many of the lots is unreal/strong.

Joe T is the Tops
 

As one of many, many good friends of Joe, I very much liked the tenor of this thread until the hyperbole part. I have bought and sold a lot through Joe. As the son of a Man Man ad executive and copy writer for 50 years, I can tell you he's a superstar copy writer.

He takes the time to write detailed descriptions and give vivid context. I sure read the descriptions before I bid because the photos don't show all the creases or surface wear. But Joe does down to the last wrinkle. Above all, he celebrates the piece because he is a passionate collector himself. His enthusiasm is contagious. And he's a great story teller.

Some of the smaller, regional auction houses give you a sentence or two. If it was your item in the auction, wouldn't you prefer Joe going to bat for you?

I might have Joe write my obituary

I don't think anyone is disparaging Joe, his success, knowledge, or creative writing skills. I'm certainly not. As someone in sales I appreciate creative writing and "the pitch". One can find humor in a creative sales pitch whether I write it, you write it, or Joe writes. I've laughed at some of the over the top stuff I've come up with but still hit the send button.
I'm reminded of the classic bit "how to sell a Sharpie".

Duly noted, Phil. Thanks.

David

Sounds like a parody lol. Brian Drent used to have descriptions like that, maybe he still does, but I always thought there was an element of tongue in cheek there.

The word "hyperbole" might be divisive because it's often equated with dishonesty. I read the descriptions as more tongue-in-cheek in some respects, and I think they're effective as a form of innocent, fun hyperbole.

For example, there's a listing for a marked W502 Gehrig. Instead of simply stating "pen mark on reverse," the description is:

"The card's grade is qualified to acknowledge a long-ago collector's helpful notation ("W-502") in ink on the reverse."

That one got a laugh out of me, as I just dealt with SGC screwing up the designation of a W502 card not once but twice... even after I told them exactly what the card was on the submission form and in multiple e-mails.

When an auction house highlights a card's obvious flaws and puts a rosy spin on them, it's the best of both worlds: full disclosure with some disarming humor that turns the blemish into part of the story. At the end of the day, it's good for the consignors. It'll bring in more bidders than it turns away.

I hope your remains and mine are fresh to the hobby.

It is through the free interchange of ideas, like this, that great new business possibilities are born. Perhaps the next big thing for PSA is burial encapsulation. They can grade the corpses of the recently deceased and place them in body size slabs. No more need for coffins and made for easy viewing at the funeral. Grades could still be 1-10 but with the A grade possibly replaced PS (plastic surgery).

Personally I think “horsehide orbs” would be more effective.

Someone reading could think a baseball is oval or even made from pigskin. This clear that up nicely.

Just imagine the competition amongst cemeteries for the top registry sets. Each slab would be a 1/1. An auction business, where I'm sure the auction houses would pay the slabbing, would probably develop.

It's a logical extension of their current business; they could already design coffins with storage space for PSA slabs because at current prices, many sellers are surely going to be buried with their inventory.

And people who live their entire life inside the PSA vault get a discount!

And Topps could make relic cards with flesh, bones, and internal organs.

Of course, the way the bowels are usually evacuated at the time of death means there would be a tremendous number of ST qualifiers attached to these new Deceaseslabs. :eek:

Game used ST?

Thread progression 😀
1 Goldin auction
2 hyperbole
3 write my obituary
4 encapsulate the dead

One can go further, what is the value of a deceased HOFers used jockstrap?

I'm still going with SGC. Lay me out with a black border on all sides.

or their teeth or hair

I believe I saw a HOF teeth(actually dentures) and I think for $18K about 2 years ago or so

Yes, they were Cobbs and it was a creepy shitshow of provenance

+1
I may not be worth more on secondary but at least I'll look good.

now we can say

Thread progression 😀
1 Goldin auction
2 hyperbole
3 write my obituary
4 encapsulate the dead
5. HOF Denture Collectables.

Something we can all sink our teeth int

So, in other words, it follows the same kind of progression that every single other Net54 thread does. :D:eek::D

ML
 

HUGE blunder by memory lane.

So it ended

How did everyone do?
What are the thoughts on the results? The prices? Etc

I think the auction was a reflection of the changing market. The great cards did really well -- the Sport Kings signed Ruth was a beauty and took off at the end. Many of the lesser, but still really nice Ruths, didn't do as well. The W600 Matty finished out of this world. The 1954 Topps Aaron PSA 7 broke out of a tight range by a mile. The E107 set did really well I thought as did the 1915 SGC 7 Joe Jackson. I thought the 1933 Goudey Lajoie PSA 3MK did really well but that was a great card for the grade.

Even the Henry Reccius Wagner finished at an insane number although it appears it didn't sell due to a reserve. The card was at like 900K and still didn't sell which is laughable as 20 years ago the card was in an A holder and no one knew if the card was actually printed in the early 1900s. But getting it into a numbered holder and changing the date on the flip to the late 1890s apparently added 850K of value to the card.

All in all, some prices were great and set ridiculous records and many were a little soft (like the signed Ruth/Ruth wife check -- how did that go so cheap?). But the market is not as robust as it was unless you're buying the most desired cards.

To me, the auction was the most exciting one I've been involved in for a long while. The Goldin software usually drives me crazy when I'm perusing the site, but last night it was all really smooth and the auction went off without a hitch. I don't know how they're going to follow up this one with a similarly spectacular auction next quarter. It was the most serious vintage auction in a long time and really a new look from Goldin. Kudos to Joe T and Ken.

I agree with Jeff! Ryan's E107's did great --congratulations Ryan. The Ruth rookie was weak. I believe the exact same card sold in Goldin in October of 2023 and over the year period the price dropped almost exactly 20%. I also think that the reserve on the Reccius Wagner was too high. I remember, about 15-20 years ago, when a board member owned one and many of us were convinced that it was issued as some sort of commemorative card sometime between 1900 and 1910. I have yet to see any evidence that convinces me otherwise.

Just the flip. :). Even Joe T couldn’t push that dog over the finish line and that says a lot. The consigner should have taken that result and run, thankful that the people bidding on it didn’t know its history.

That Recchius was a little ridiculous, no? Seemed very contrived that that one-off “card” , whose date is unproven, can be considered a rookie card by “Joe T”. It’s not part of a set or anything. At best it’s like a photo or a cabinet. Cannot believe it had a higher reserve than that price. I dont know if it gets close to that price again.

The auction was good, i picked up two items, another DS Greenburg error card, nice looking and reasonable price, and the Speaker 1912 Boston American series. I have started to add some Speaker items to my collection, a favorite of mine.

There’s enough people with money in the hobby who don’t know what they’re doing. And even they knew enough not to hit that reserve on the Reccius.

Great auction, but prices are softening on certain cards/ players.

I wished the E107 set was sold off as individual cards, but oh well.

I really liked the Ruth type 1 rookie photo and the Ruth/Gehrig signed goudeys.

I agree 100%. I consigned my e107 set to buy the Reccius, but, after
reading all the net54 discussions from years ago, and after some deep research on my own, including buying Louisville directories from 1898 and 99 and then spending a few hours on the phone with a guy from the Louisville archives, I became doubtful of the issuance date and decided it was not the item to take such a financial risk on. I put in an initial bid (at like $300k) anc did not bid again. It’s an amazing piece, no doubt, but it’s got some “hair” and I too would have taken the money and walked.

I am totally thrilled with the number my e107 set got, which exceeded expectations.

Of the items I was watching/following, they did well or ended within 10% of what I thought - D322 Wagner, Ty Cobb back, the 1915 Ruth photo (amazing item), signed Clemente rookie, etc. The t216 Mino Wagner and W600 blew away my estimates - holy crap on both; looks like I may have to consign my w600 Wagner and Plank rookies!

Some of the smaller items I was following came in a little below expectations. But I am not surprised - the market is off right now with lots of economic uncertainty and negative momentum in cards (most things down over the last year). I think pricing cards right now is a little like trying to catch a falling knife, and people don’t like catching those!! I would say this has been happening in all auctions I follow, including REA, Heritage, Mile High, LOTG, etc. As Jeff said, the super special stuff does well and everything else does fine but is all over the place with some exceeding and some disappointing.

All in all, I thought it was a really great auction with very solid results. Great start for Goldin- no doubt they have established themselves as a legit seller of vintage items.

We spent a lot of time discussing how to best sell a set like this. Ultimately, I decided it was best --for me, as consignor (bc frankly that's all I cared about here-- to sell as a complete set. I think it was the right decision.

Goldin results
 

The special items that if you don't grab it you may never see it again, or at lease not for some time does great! And the stuff you see over and over again does ok.

I had quite a few cards on my watch list last night. Some of them ended above comps and others below. I was thinking of going after one of the lower grade 51B Mantles, but they went too high, IMO. :( The PSA 6 Leaf Jackie went for only 22k. :eek: Anyways, I won a Ruth for a decent price and so I'm happy about that!

The PSA 6 Leaf Jackie that went for only $22k was some sort of anomaly. I've been tracking them, and just days earlier a PSA 5 sold for $25k in a Collect Auction. This example somehow slid under the radar; congrats to the winner!

Ryan, really thrilled for you! Congrats man!

PS- A market observation: signed cards, especially Mantle, Mays, Aaron, Clemente, etc., continue to be red hot. The Mays signed rookie went for $50K! And a diverse mix of (very nice) signed Mantle cards sold last night for around $6-10k each, with several north of $20k. Definitely a robust pricing uptick in that sector.

Regarding the PSA 6 Jackie, two things that may have held it back a bit are the L/R centering and the older cert and case (although to my eye it looked had pretty strong corners, at least, for a PSA 6 even with the older cert).

Leaf Jackie
 

PSA 6 was very O/C; hence, the lower end comp. Centering & registration drive the pricing points of the Leaf Jackie.

Thr newest Buyers group missed one

Not sure they had the dating/history right on that Reccius Wagner.

https://www.net54baseball.com/showthread.php?t=196820

I bought the 1st Henry Reccius Wagner card after it was discovered/marketed/sold by Hunt Auctions in the late 1990s. I paid $14k+ and thought it went kind of “cheap”. When I talked with David Hunt shortly after the auction he said a lot of phone lines were down (was a “live” auction) and a lot of potential bidders were lost for this reason (online auctions weren’t around yet).
A month or 2 after I had the card David Hunt reached out to me saying another one was “discovered” and did I want to buy it privately. It was being offered to me since I owned the 1st one. I was concerned, to say the least, and I did not buy the 2nd one. He had sent me crude scans, via fax, and I passed on it. Some time later I talked with David Hunt regarding the 2nd one and whatever happened with it and he told me it was deemed a hoax as the “crude scans” were actually taken from catalog pics of the 1 I had.
I ended up selling the card through a Mastro auction a couple of years later and made good money on it…
To this day, some 25 years later, I am still puzzled by that card. Something just wasn’t right about it. It was (is) of a completely different paper fiber than other cards/mounts/cabinets from the late 1800s/early 1900s. It was (is) of an orangish/brownish color paper which is also odd.
The Reccius Wagner I owned was the one that now resides in the baseball Hall of Fame. It’s also interesting to note that I had talked to people at the HOF while I owned it and at that time they wanted nothing to do with it.

Wow!! That's very interesting. Thanks for sharing.

So if I'm understanding you correctly, your card is in the baseball HOF. The one that Goldin had up, is a second example?

You’re correct, although it is no longer my card. I just rented it for a few years

I'm just wondering what data or research did PSA use to conclude the date on the flip was indeed 1897-1899??

They probably asked whomever was submitting it what date they would like on it!
.

I believe it was Hal Lewis who donated it to the HOF.