Heritage Auctions. Dilemma.

[Bpm0014]

A year ago I purchased a 1926 Babe Ruth World Series Type I photo. I paid $660. A year later I get an email from heritage auctions stating that somebody wants to purchase the same photo for $1000 off of me thru Heritage Auctions. Minus 10% for Heritage. I’m not that attached to the photo. Nor am I in a money crunch. Is it better to hold on to the photo, or sell? It seems that Type I photos, especially of Ruth, are going through the Ruth. I mean roof. Thoughts?

[Bpm0014]

Photo in question

[bnorth]

If they want it that bad tell them $1000 to you and they can have it. Then use the $ to buy something you want more.

[joshuanip]

Originally Posted by bnorth

If they want it that bad tell them $1000 to you and they can have it. Then use the $ to buy something you want more.

+1

[Bpm0014]

They said 900. I said 1100. They came back 1000. I would just hate for it to be a 3000 photo a couple years from now. Agh.

[T206Collector]

Originally Posted by Bpm0014

They said 900. I said 1100. They came back 1000. I would just for Thai to be a 3000 photo a couple years from now. Agh.

I get it. I’ve been burned bad recently selling Mantle and Cobb cards just before liftoff. Made a nice profit but not move to Fiji rich. I don’t know how to deal with that, and I sense that the reason a lot of people don’t sell is because they want to wait until the bubble gets even bigger.... but you never know!

[Fred]

Got a funny story - has to do with a D304 Cobb before a rapid price rise a few years back.

I put a D304 Cobb on ebay with a min. bid of $1200 (it was in an SGC10 holder, deservedly so). It didn't sell.

A couple weeks go by and someone asks if I'll take $1100 for it. I decline and put it up for sale/auction again with a $1400 price tag. It doesn't sell.

A couple weeks go by and someone asks if I'll take $1300 for it. I decline and put it up for sale/auction again with a $1600 price tag. It doesn't sell.

A couple weeks go by and someone asks if I'll take $1500 for it. I decline and put it up for sale/auction again with a $1800 price tag. Guess what. It sold.

I think it was the same person that kept offering me $100 bucks less than the asking price.

[joshuanip]

Originally Posted by T206Collector

I get it. I’ve been burned bad recently selling Mantle and Cobb cards just before liftoff. Made a nice profit but not move to Fiji rich. I don’t know how to deal with that, and I sense that the reason a lot of people don’t sell is because they want to wait until the bubble gets even bigger.... but you never know!

Its not a bubble, its babe ruth!

[Hankphenom]

Originally Posted by Bpm0014

Photo in question

I'd be glad to give you my two cents worth, but I'd have to be able to actually see the photo first.

[barrysloate]

Since you don't want or need to sell it, and since it's Babe Ruth, you should have more control over this deal. Ask $1200 or as much as you want, and if they pass, it's over.

I once won a rare baseball book at Heritage that I didn't want to sell. Someone kept making offers which I turned down, until the third offer was almost double what I paid. I finally sold it. Stick to your guns.

[iwantitiwinit]

Sell it.

[ullmandds]

Originally Posted by iwantitiwinit

Sell it.

agreed! I think ruth photos depicting him in action are much more desirable.

[ls7plus]

Originally Posted by barrysloate

Since you don't want or need to sell it, and since it's Babe Ruth, you should have more control over this deal. Ask $1200 or as much as you want, and if they pass, it's over.

I once won a rare baseball book at Heritage that I didn't want to sell. Someone kept making offers which I turned down, until the third offer was almost double what I paid. I finally sold it. Stick to your guns.

+1. Ruth is as safe as it gets.

Regards,

Larry

[brianp-beme]

On second thought I do agree...if you indeed don't need to sell it, hang onto it.

Brian

[Leon]

Originally Posted by Bpm0014

A year ago I purchased a 1926 Babe Ruth World Series Type I photo. I paid $660. A year later I get an email from heritage auctions stating that somebody wants to purchase the same photo for $1000 off of me thru Heritage Auctions. Minus 10% for Heritage. I’m not that attached to the photo. Nor am I in a money crunch. Is it better to hold on to the photo, or sell? It seems that Type I photos, especially of Ruth, are going through the Ruth. I mean roof. Thoughts?

I had a very good offer through the Heritage system, on a high end card, but decided I didn't want to sell. If you like the photo quite a bit I am not sure I would trade $300'ish in profit for it.