Watching...Bidding

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Posted By: MVSNYC

how about REA & Mastro's this month? WOW, some killer pieces.

i'm watching a total of about 40 items in both auctions and bidding strong on about 10 of them.

how about you guys?...


total number watching-?

total number bidding (strong to win)-?

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Posted By: leon

I put in about 121 different bids yesterday in Mastro...I am still high on 20 and expect to go strong on 1-2....but at least one of those could be fairly large (for me). In REA I have about 50 bids and might also go strong on 1-2...we'll see. I have priorities but if I tell then Dan S will know...and I wouldn't want that ..

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Posted By: Matt

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Posted By: Bobby Binder

Just poking around Mastro and was amazed that the 15CJ Brown is already at $36K with the juice.

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Posted By: Jeff Lichtman

I'm bidding on about 20 lots total from the two auctions; depending on how they shake out during extended bidding I would try to win anywhere from 1-6 lots. I especially hope to get into an unwitting and extended bidding war with Leon if fate will have it again.

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Posted By: leon

I will lull you to sleep again and outbid you after you are snoring.....

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Posted By: Jeff Lichtman

Sometimes I wonder why the big auction houses have their auctions right after April 15; everyone thinks that they do this because tax refunds have arrived. I can tell you that April 15 is the most painful day of the year for me financially as it is the day I must make first quarter estimated payments and also make up any tax shortfall from the previous year (which seems to always happen). I think if the auctions were in January I'd be more likely to spend like a drunken sailor.

As for you, Leon, I just ordered a crate of No Doz specifically for the 16 hours of extended REA bidding.

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Posted By: dstudeba

I don't know how many I have bid on. I am actively monitoring about 9 and will go strong on 2-3.



However which 2-3 aren't set yet as I still have to see how Leon plays his hand.

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Posted By: Dave F

Boy how the rich seperate from the poor in these scenarios...lol

I've watching a whole 3 in REA and am "hoping" to be in the game for one of those at the end.

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Posted By: Mark

To Jeff's point... you can add on Property Tax. The two states I've lived in (WA and CA) both have Property Taxes due on April 30. I assume this applies to some other states as well. This is a big hit for me, anyway...

Between REA and Mastro combined, I am now in the bidding on about 90 lots. I anticipate (and am budgeting for) winning 1 or 2 Lots from each auction. The bidding is always unpredictable, and they force you to have an existing bid in order to bid "overtime". So getting early bids on a ridiculous number of lots is the only defense I've found against getting shutout.

BTW... of those 90 lots, I am currently high on ONE.

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Posted By: brian p

Whoever originally came up with the idea requiring bidders to have bid on a lot in order to bid on a lot during its extended bidding period is a pure genius of capitalism. Look at how many of us have bid on auctions we have some interest on just so we don't get shut out at the end. Which of course drives up the price and pumps up the demand (wow, this lot has a lot of interest). Pure evil genius.

Brian

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Posted By: Joe D.

I am bidding on just three lots (2 Mastro / 1 REA).

I intend to win all of them.... even if I have to wait until Leon lull's Jeff to sleep - and then I sneak in a Leon-buster-bid.

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Posted By: MVSNYC

"I intend to win all of them...."

ada boy Joe...that's the confidence of a New Yorker!



when the heck are we breaking bread again?

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Posted By: Dave Haas

I bid on about 20 in REA's, still up on 5 and hope to get 2-3. Too much to pick from!

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Posted By: Ken Wirt

I'm watching 12 lots in REA. Haven't bid yet. Waiting...

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Posted By: Bob

I've bid on about 50 in each auction, but realistically I am only going to the mats (Godfather reference)on a couple in each auction. Brian P. is dead-on right, that "getting a qualifying bid in order to bid during the extended time period" was an act of pure genius and sends the prices soaring early. Bah humbug

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Posted By: Bob

Looks like the guys here (including myself) have wisened up in the last 4-5 years. I remember when people came out and revealed what they were going after, etc. Now it is the code of silence except some collectors are known for collecting certain cards/series and you can always get a clue from that...

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Posted By: Zinn

Mastro 8 lots/2 high/28 watching
REA 7 lots/1 high/12 watching

There was one lot that I was frozen out on due to a high initial straight bid. I'll just have sit on the sidelines and watch that one.

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Posted By: Matt

Steve - I appreciate your frustration on the high straight bid, but I actually don't mind when that happens to me - if early on, someone posts a straight bid higher then I am willing to go, I have that much more time to re-allocate my funds over other lots. If someone is going to go higher then you were willing anyway, I'd rather know up front.

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Posted By: Alan

I wish I had that "nice" problem choosing WHICH lots to go after.

Good luck to all !!!

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Posted By: Zinn

That's a good point Matt and I wish the bidder all the luck in the world. The Lot, in my opinion, is probably one of the top three in both auctions. My initial estimate was for 2X what it sits at now.

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Posted By: Rob D.

Alan,

On the bright side, you have figured out how to add the beer-mug smileys to your posts. Which is nice.

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Posted By: JimB

I am watching more than 100 lots and seriously considering about 20. In the end, the number will be far less, but I am keeping options open until I see where they are at near the end. There is a short list I am really hoping to win.
JimB

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Posted By: leon

Damn initial straight bids..... So far I am high on about 15 of the 111 I have bid on in Mastro and about 10-15 in REA.....I doubt I will stay high bidder on any of the ones I am high on now....except maybe 1

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Posted By: Jimmy

Most of the items are too rich for my blood, that is way I prefer to sell and help others - cool audit graphic - but your right do not want them knocking at the door.

Jimmy

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Posted By: leon

Two years ago I got an IRS audit. I owed a little bit as I honestly had sold some stock and didn't remember it. My cards on the other hand were all documented and flew through. Good records of buys and sells is what it takes.....The Man had no issue with my cards....

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Posted By: Zinn

You know you're right. That one may hold up and if so what a steal. The initial straight bid was a strategic masterpiece.

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Posted By: Jason L

Watching zero
bidding on zero

the incredible size and content of the catalogs each year only serve to remind me that:
1) I have very little in the way of financial resources to play along,
and
2) maybe these wonderful little pieces of cardboard history aren't nearly as rare or scarce as we like to think they are!

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Posted By: leon

"2) maybe these wonderful little pieces of cardboard history aren't nearly as rare or scarce as we like to think they are!"


The other way of looking at that is to realize that, as an addicted internet savvy collector, when we do see something we have never seen before, or very rarely see, then it proves they are as scarce as what we believe they are .....

I bet what we see in one month during March and April (including all of the auctions and ebay and on-line websites) was more than some collectors saw in their entire lifetimes 40-50 yrs ago.....Which makes what Jeff Burdick did all the more amazing!!!!!

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Posted By: Bruce Babcock

REA Watching 20 Bidding on 16 High=0
Mastro Watching 44 Bidding on 11 High=1

Many of the watched items are cases in which I own the same or a similar item and just want to track current values. Most of the bids are wishful thinking, already blown out of the water.

If I wind up with 1-2 I'll be very happy.

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Posted By: Jason L

Will you stop it!?
I am trying to talk the market prices DOWN!