[Vintageclout]

Since we are "once again" on the topic of the Plow's Candy card...not that it is anyone's business...I just happened to be the under bidder on the card. I bid several times AFTER the $14+K number it received in Mastro and before the auction commenced I had already decided I would pay up to $20K. I did not place any ceiling bids on this one and went after it bid by bid. Why would I want to pay so much in a a down economy? I am beginning to realize that very rare and desirable cards get extravagant numbers in ALL auctions. I have paid excessive premiums for cards in the past few years, and I am sure will have the last laugh, especially when the economy turns around. There are certain cards that will ALWAYS get the numbers.

Regarding the T205's at Goodwin's table, like Greg, I don't know much about them but have been hearing multiple horror stories from the major auctuion houses with reference to non-paying bidders. In fact, I am sure we have all read the Mile High write-up regarding the Bresich Williams SGC 60 Cy Young and why it is being offered again. Brian D. is a great guy and I have to give him the benefit of the doubt on the E107 Young. I think this situation is growing incresingly alarming because NO auction houses seem to be taking legal action against non-paying bidders, most likely due to the bad press it could generate. Until that happens, bidders will continue to take advatantage of an auction house and, at will, make impromptu decisions not to pay. This is an issue that will eventually need to be dealt with by EVERY auction house or else they will continue to have to pay their consigners (if they choose that route) and "eat" their respective unpaid lots.

Thoughts?

Joe T.