[cgjackson222]

Originally Posted by Rhotchkiss

For the past 6-7 years, I have kept a running spreadsheet tracking items that I am interested for sale in current auctions. For each card I am interested in, I track the current bid, the cost with BP, and the cost of the next bid with BP; I also have a side sheet that adds taxes and other expenses, so I can estimate the all-in cost to me. As part of this spreadsheet, I do a deep valuation of the cards I track and I often account for the overall SGC-PSA population (both separate and combined). I color-code each item -- blue is within 10% high or low of my estimate, green is 10%+ lower than my estimate, and red is 10%+ higher than my estimate. In general, I am pretty good at estimating the final price (hammer + BP) on items I am interested in.

I did this for the REA auction last night. Of the 21 cards I tracked, 7 were within 10% of my estimate, 4 were below my estimate, and 10 (almost 50%) ended above my estimate. To me, that signals one of two things: (i) I am not good at estimating, which may be true, or (ii) the results in REA last night were quite strong.

Of particular note, Wagners are on fire, with every Wagner I followed ending at or above (sometimes substantially above) my estimate. Look at the M116 blue Wagner SGC 3, which finished about $4k higher than the blue SGC 3 Cobb -- Wagner outpricing Cobb in the same card and grade is not something you normally see

I'm going to go with that the results in REA were really strong last night, and that your estimates were accurate. I really wanted that Wagner PC976 Sepia postcard, but the price was just too high.