robert edwards auction results and swaps

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Posted By: scott brockelman

i felt the robert edwards auction was a huge success for both the bidders, sellers and auction house. the new bidding system seemed to work well.

i was able to win 3 lots, highlited by the Ramly premium of the 1910 pirates, also picked up 2 lots of W600's.

i was very interested in lot #134 the 12 type cards, if anyone on the board one that lot i would be interested in buying or trading for the E107 and the Clement brothers card. hopefully you were after something else in the lot as i have rochester & williams to trade as well as E97 black and whites, or mello mints. please email if anyone is the winner.

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Posted By: Aaron

I was extremely impressed with the REA auction. I genuinely hope some of his "innovations" (really just long overdue auction reforms) become industry standard. Specifically:

1. The Honest Auto-Bid format. Similar to E-Bay, Robert Lifson instituted this system to ensure that no one other than the bidder himself knew what his/her max bid was. I'd love to hear from other successful bidders if their winning bids fell below their max bid and compare that result to past auctions.

2. REA employees and executives were not allowed to bid on REA auctions. This seems like such an obvious conflict of interest that instituting this reform would seem a no-brainer.

3. Consignors to REA auctions were not allowed to bid on their own lots. Again, a no-brainer.

4. REA did not own any of its lots. Again, this seems like an avoidance of such an obvious conflict of interest.

Other notes: REA had superb customer service through the bidding process (now let's see how quickly they process their sales and ship to winning bidders). Very prompt, friendly and informative communication. On the negative side, REA has to increase the bandwidth on their site. It was very, very slow and contained several programming glitches.

I won the REA 1910-15 Cubs pennant and was very happy with the final price. I was also going to bid to win the "Keep The Dodgers in Brooklyn" pin, but after searching for an example for almost a year, a better condition pin popped up on E-Bay this week. (I won the E-Bay pin for a lower price than the REA pin ended up going for.) All in all a pretty perfect day for my collection!

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Posted By: halleygator

As I mentioned:

http://www.network54.com/Forum/thread?forumid=153652&messageid=1083503055&lp=1083503842

I think it worked great!

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Posted By: Scott Bob

Is high grade card market dead? or just this one? It only sold for $37500 + juice. Their estimated price was 40k-60k. Another PSA10 sold for 7xK earlier.

LOT: 522 1952 Bowman Mickey Mantle PSA GEM MINT 10

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Posted By: halleygator

I think what happens with those rare vintage PSA 10 cards is that the very FIRST one graded and sold goes for a BIG premium since the buyer has potentially the only one in existence.

Then ... when others come out of the woodwork ... they aren't "one-of-a-kind" any more and therefore do NOT sell for anywhere near the first one.

I don't necessarily think it means that the high dollar/high grade card market obsession is dead.

I think it just means that somebody is bummed out that they previously payed a "one-of-a-kind" price for something that turned out NOT to be "one-of-a-kind."

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Posted By: Scott Bob

I agree with u. Just like those Elvis hairs....

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Posted By: petecld

Lot 522 - the Mantle PSA 10: I've held that card. Trust me there is a reason it didn't go higher. I'd tell you but that would kill the suspense and I want to keep you guessing from the "top edge" of your seat.

BTW - If anyone reading this won lot #138 - I would like the E92 Nadja from that lot if you want to sell it.

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Posted By: dan

Did anyone win the pre-war wrappers lot? I am interested in the schutter johnson wrapper, thanks Dan.

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Posted By: jay behrens

Did anyone else notice that te estimates for all lots very conservative, to say the least? Realisticallly, I knew I had no chance at any lots that really interested me, but it was still fun to live the dream for a few days until the minimums got blown away.

Jay

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Posted By: halleygator

Estimate was $20,000 ... Item went for $270,000 ...

so I guess "conservative" is a good word in that case!

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Posted By: Scott Bob

petecld,

I am very curious why that PSA10 Mantle didn't sold for higher price. Is that because it was doctored but PSA couldn't caught it? Or the 49/51 centering doesn't deserve a 10?

LOT: 522 1952 Bowman Mickey Mantle PSA GEM MINT 10

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Posted By: John(z28jd)

I need the Corcoran from the lot of 62 OJ's,its the last variation i need of him altho i would like to upgrade another variation too.Will pay well for it.

I'll also pay small finders fee if you put me in contact with person who won it and i buy the card.

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Posted By: OldOriole

Well, I thought the auction went smoothly as well. Unfortunately, I was outbid in the wee hours of the morning on several lots, including the N167 Corcoran, the N43 Ewing, and the Lone Jack (what a kick in the pants). I did come away with lot #311 (six graded N162's) and lot #140 (the Mello-mint tin and two beat up E105 cards). Dave

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Posted By: jay behrens

Why would anoyne,let alone 2 people run this bid up to $450 for this card? You could get yourself a nice low grade caramel card of Wagner instead?

http://www.robertedwardauctions.com/site/bid/bidplace.asp?itemid=701

Jay

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Posted By: warshawlaw

But I was very impressed with the auction. Finally, someone got hip to the internet and the value of real time bidding--other auctioneers should take note.

In terms of prices on the things I watch for, I'd say they were high retail. Not enough to make me dump my cards and retire, but reassuringly high vis a vis recouping my investment with a decent margin. 19th century as always blows my mind, pricewise. That lot of 4 gypsy queen and 1 sf hess boxing cards went for $690 a card including the vig, which is very healthy but not irrationally exuberant (two were great ex-mt cards, the other three were lower).

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Posted By: warshawlaw

maybe with all the auction action some folks forgot about ebay; I finally picked up a T206 Marquard portrait at a price I could live with. So the day wasn't a total loss...

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Posted By: Albie O'Hanian

If anybody won the Tobin Lithographs lot #124 I would be interested in buying the Mickey Welch if the cards are being broken up and sold.

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Posted By: Julie

Do you have all the others, or just the HOFers?

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Posted By: petecld

Jay,

Did you miss the part about getting 50 of these?

Still, like you said, you could get a nice low grade caramel card of Wagner for that money.

To each his own I guess.

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Posted By: Andy Baran

I was the underbidder on the 1897 Page Fence Giants Trade Card. I'd be very interested to know if anyone knows who won the card.

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Posted By: halleygator

Likewise...

somebody needs to 'fess up and admit to "sniping" me on the SGC 60 Detroit Wolverines cabinet card.

I'm not mad. After all ... you paid dearly for it, so you obviously really deserved it!

http://www.robertedwardauctions.com/site/bid/bidplace.asp?itemid=17#pic

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Posted By: Jeff S

While I was limited to spectator-ship, this was sure a fun auction to watch. One thing that was a little weird though is the way they integrate the eBay bidding. It says in the terms and conditions something to the effect that if an eBay bidder bids the same amt as an REA bidder, it's up to REA to decide who gets it. So, because I was dumb enough to submit my bid on eBay, I "lost" a lot on which I bid the same amount as the high bidder.

This also seems less than optimal for REA, because it's at least possible that either I or the high bidder would've gone one increment higher.

Needless to say, this is an easy enough problem for any bidder to solve (don't submit bids on eBay) ... but it's a bit odd nonetheless.

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Posted By: Dan Elsass

It is always nice to win the ones that you want, with a few exceptions that is. Sniping... that is a harsh word I would say.

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Posted By: Jason

I thought everything that I bid on went WAY OVER value. THe t206 lots went stupid. Seems like everything in auction houses as far as price has been inflated alot lately while conditions are actually deflated in comparison to what they actually are.

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Posted By: Dan Elsass

Yes, I felt the same way about most, if not all, lots in all three of the recent auctions. The irony is how a lot of them even far exceeded the expectations of the auction house itself. There must be some folks that have very deep pockets with hopes that these will do better than your average stock or fund. Not to mention the fact that any money that is made in the card industry, hobby, is completely hidden... unlike a stock or fund.

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Posted By: 823dek

Well, I was very active on the dog-gone dings ...came up empty. I passed on a very nice 68 Mustang thinking I would get one of em, but back to the drawing board.

If one y'all won the Evers - Herzog, I'd even take the Herzog...ugh!

S.Brockleman- I'll take all yer Mello Mints- dems my fav's- sides you don't need any more type sets - sure would like a Cobb Mello Mint to go w/ my Wagner throwing. I think you need more 69 topps!

Thank you
Dan Koteles

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Posted By: Brian H

http://www.robertedwardauctions.com/site/bid/bidplace.asp?itemid=44&getauctionid=9

I have a set of these graded and track the prices on Ebay etc. and I think it is safe to say that whomever got this one did quite well (assuming the grading is more or less accurate).
If anyone here was the winner I'd be interested in a few of them (depending on condition).

Unfortunately, I was not enterprising enough to bid on this one to sell.

Also, I'd love to know who won the big PSA T202 near set ....

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Posted By: Scott Bob

Besides the PSA 10 Mantle, I think the other bargain lot would be the T206 Printing Errors Collection. That lot consists of 9 cards (lot 164) and sold for $1900. One T206 Johnson Printing Error (lot 160) sold for $900 alone.

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Posted By: TBob

One reason to avoid bidding through ebay is that the premium for the winning bidder was greater if you used ebay then directly through REA. That was a first for me, I have never seen that before.
I was the underbidder on the T206 Johnson "freak" card and I agree, it went for too much...

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Posted By: jay behrens

I thought most of the Negro League stuff went pretty cheap, especially given the relative rarity of most of the items.

Jay

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Posted By: Wastewater

$1,600?!? Not a high dollar item but a lot of money for a set that sells on Ebay once in a while for the estimate price $400-800.

Adam

http://www.robertedwardauctions.com/site/bid/bidplace.asp?itemid=645

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Posted By: FatBoy

If the winner would like to sell or trade Driscoll and Cross I'd be very interested.

Would also love to have one of those E125s.

Keith

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Posted By: Jay Miller

Did anyone on the board win the Old Judge Corcoran or the Gunning K-Bats cabinet/small card combo?

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Posted By: ramram

Wow! That's about all I can say about the last two weeks. I haven't been collecting as long as a lot of you but I'd have to say those were the most mind boggling numbers that I have seen. With that much unique material hitting all at once it begs the question - did a big time collector get hit by one of the big three (death, divorce or disaster)?? The next auctions may be strong in material as well. With the results from these auctions it might make a lot of investor/collectors pull out their goods. I ended up only picking up a couple of items (both from the Robert Edwards). I won the John Frye 1883 team cabinet. I thought for being the second black player in the history of professional baseball that it was a reasonable pickup...especially since it apparently was his own personal copy at one time. I also got the eleven 1869 Kearsarge player cabinet photos. That's the earliest individual shots of an entire team that I've ever seen (notice how I'm trying to justify my winnings - guess I need a little more self confidence...or money).

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Posted By: JimB

If anybody here bought the E93 set and is interested in breaking it up, I am interested in the Mathewson, Joss, and a couple of ungraded cards. Please drop me a line.

I also was interested in a couple of the T206 lots and agree that the bidding was crazy on those. As for the printing errors, I thought those were very cool!
Jim

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Posted By: Halleygator

Here is what I won:

http://www.robertedwardauctions.com/site/bid/bidplace.asp?itemid=463&getauctionid=9

I have one favor to ask all of you:

Does anyone know how I can get Henry Chadwick to sign this for me?

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Posted By: ramram

Did anybody else find it interesting for a late night auction closing to be on a Saturday(Robert Edwards Auction)? Do you think a few drinks might have played a part in the bidding? Did anybody wake up Sunday and feel that they had a little help on their bids Saturday night??

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Posted By: leon

I am in NH on a National Sales meeting all week but got a call at about 3:30am (cell phone) as a call back....won (paid more than others) for

Yum Yum Mutrie
Baltimore News
2- 1914 Boston Garters
Tarzan card
Overland wrappers/cards(2)
Lections

and "no" JC....I only stayed hooked on your joke for a few minutes.....
later