View Single Post
  #3  
Old 12-09-2010, 01:55 PM
Leon's Avatar
Leon Leon is offline
Leon
peasant/forum owner
 
Join Date: Mar 2009
Location: near Dallas
Posts: 35,683
Default demand

Quote:
Originally Posted by insidethewrapper View Post
Last night a 1953 glendale Meats Advertising Booklet sold for $ 3000, a total hammer price of $ 3600.

Last year in the REA auction it sold for $ 23,500.

Last night's booklet appeared to be in better condition, plus it contained a few autos.
All it takes is 1 bidder in a thinly traded market to totally kill a price. I have even bought cards, 4 figure ones, lately for about 20%-30% of where they were 2-4 years ago. So, 10% of the price of an advertising piece doesn't totally knock me off my rocker the way it would have a few years ago. It's a crazy, mostly buyers market, right now....It seems like the market for this had 2 people last year...one got what they wanted and now the other got it. My guess is another that trades very soon won't do any better than this one did. regards
__________________
Leon Luckey
www.luckeycards.com
Reply With Quote