Quote:
Originally Posted by oldjudge
This is a quote from the REA summary of the 2011 auction:
Watchung, New Jersey. The strength of the high-end baseball card and memorabilia market amazed collectors at Robert Edward’s record-setting May 7, 2011 auction. An astounding 179 lots sold for $10,000 or more. Collectors, dealers, and market watchers look to REA’s annual event as the key barometer of the health of the market and the most important auction event of the year. According to REA president Robert Lifson, “The market was extremely strong. If everything went perfect we were expecting the total to be maybe $7 million to $8 million. The results came in at $9.5 million.
Sounds like things went pretty well.
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Thanks for posting that oldjudge.
I'd love to hear how REA explains their damages after claiming better than "perfect" results. If this auction was on a card grading scale it would have gotten a PSA 12 or an SGC 120 (Super Ultra Pristine).