PWCC Auction Ending Tonight - Interesting Results

[Rhotchkiss]

Seems to me that prices so far are very low. Currently, I am not bidding with them. But I have been watching the auction, and each of these lots finished way below recent sales: E90-1 Cobb PSA 5; T206 Matty dark cap PSA 6; T206 Young with glove SGC 6; E98 Cobb PSA 9, which ended at $20,900. This last one is particularly noteworthy bc, according to VCP, this is at least $5000 less than any E98 Cobb PSA 9 has sold for since at least 2013; it’s $10k less than the same exact card “sold” for a month ago in a PWCC auction; and almost every sale since 2013 has been $30k+

Is this just a down auction or is all this “stuff” taking it’s toll on PWCC. Thoughts?

[pcoz]

Ryan, you could be on to something with PWCC, but I don’t think the time of the year helps either. After the National, a bunch of big auction houses have had their auctions finish up recently, and thousands of lots have just wiped out many bank accounts. Every year this Aug-Sept period appears a bit soft to me.


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[Peter_Spaeth]

Maybe people will stop consigning. It would be well deserved.

[Aquarian Sports Cards]

Maybe counsel has advised them that shill bidding during an investigation is a bad look...

[Ronnie73]

Originally Posted by Aquarian Sports Cards

Maybe counsel has advised them that shill bidding during an investigation is a bad look...

That's what I was thinking. There was no where near the same amount of last second bidding like there usually is.

[LincolnVT]

I guess, I would agree with Ryan that the prices seemed low last night. I also think that Petes comment about the timing of the auction / people being tapped out has merit. As for the PSA 9 E98 Cobb, I think that card would have reached 35k plus in other auctions as they have been bringing nearly 40 in other major auctions recently. People consigning items should go where they can get the best price for their item. 1 + 1 still equals 2, right?

[drcy]

Originally Posted by Aquarian Sports Cards

Maybe counsel has advised them that shill bidding during an investigation is a bad look...

Maybe the shillers are not consigning.

[pcoz]

The Blues, which none were in the BSF, have seen stronger prices over the last few years from what I’ve seen.


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[theuclakid]

i was interested in the PWCC 57 Williams PSA 6.5 last night....it went for well over $600 (a solid 7 price)....clearly there was shill bidding going on, as the bidder with 98% activity with PWCC was high bidder....just dont trust his auctions, low bids or not.....Bruce Perry

[pokerplyr80]

Originally Posted by theuclakid

i was interested in the PWCC 57 Williams PSA 6.5 last night....it went for well over $600 (a solid 7 price)....clearly there was shill bidding going on, as the bidder with 98% activity with PWCC was high bidder....just dont trust his auctions, low bids or not.....Bruce Perry

You mean the dead centered card with excellent eye appeal that out sold a 7 in the same auction? Yea clearly it was shilled. No one pays over vcp for centered cards, right?

[pokerplyr80]

As to the rest of the current pwcc auction there seem to be more nice Cobb cards available compared to recent auctions. Maybe one guy consigned them all. Should be easy enough to compare prices to auctions ending this week at heritage and REA to see if the net54 boycott is hurting prices.

[frankbmd]

Any Net54 boycott has to have a tremendous effect on auction results.

After all we are such a unified monolithic caucus where seldom is heard a disparaging word and every day is filled with sunshine and good will.

[bobbyw8469]

Originally Posted by pokerplyr80

You mean the dead centered card with excellent eye appeal that out sold a 7 in the same auction? Yea clearly it was shilled. No one pays over vcp for centered cards, right?

I just got a record price for a 1958 Koufax PSA 4 simply because it was centered. I was shocked it brought that much. But everyone knows that of all 4 criteria, centering is boss.

[pokerplyr80]

Originally Posted by bobbyw8469

I just got a record price for a 1958 Koufax PSA 4 simply because it was centered. I was shocked it brought that much. But everyone knows that of all 4 criteria, centering is boss.

Apparently not everyone knows.

[bobbyw8469]

Originally Posted by pokerplyr80

Apparently not everyone knows.

Not everyone knows what?