Quote:
Originally Posted by D. Bergin
I ask because in early April I sent a modern submission and a vintage submission in the same box at the same value levels.
The vintage were to be returned to me and the modern, on a lark, I had them sent to their vault.
The modern were done and at the vault within a few weeks. The vintage is still in grading, and has been for months.
Wondering if it’s because it’s a modern sub, or because I chose to send to their vault, to possibly sell through the Goldin platform?
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Interesting wrinkle with the vault. I suppose it's always possible that the vault was a factor in moving your modern submission to the top of the pile. However, my experience over the last ~12 months is that modern flies right through in a few weeks, while vintage takes 3-6 months.
So it may be less about the vault and just more about modern moving quick due to more capacity in that team. I'm guessing they hired aggressively due to a large backlog of modern submissions over the last few years, and now that they've cleared the modern backlog, with modern submissions down these days, there is a lot more modern capacity relative to submissions.