T206 Ty Cobb Red background Lenox back

[Bigb13]

Well no one here wanted it and they have a huge amount of bidders at HA

[Leon]

Originally Posted by Bigb13

It will be in HA's Feb 10th auction

So much for the longest BST thread in history. Good luck with the sale.

[Bigb13]

Thanks Leon

[pokerplyr80]

Originally Posted by Bigb13

Well no one here wanted it and they have a huge amount of bidders at HA

For what it's worth I think you made the right call. It obviously wasn't going to sell here. Good luck with the sale.

[1952boyntoncollector]

Originally Posted by Bigb13

Well no one here wanted it and they have a huge amount of bidders at HA

you could get much more at auction..its a good call....but always weird to see 'no one wanted the card'...you mean no one wanted the card at your price.......

[Bigb13]

Well your right but let's see where it goes. Should be interesting.

[vansaad]

Originally Posted by Bigb13

It will be in HA's Feb 10th auction

Dang, I was hoping it would go to PWCC.

[Bigb13]

Now why would I consign with PWCC? I think that HA is a good choice.

[vansaad]

Originally Posted by Bigb13

Now why would I consign with PWCC? I think that HA is a good choice.

HA is a fine choice. But PWCC would have been more entertaining for the board.

[Bigb13]

From what I read here most people don't care for him.

[Leon]

Originally Posted by Bigb13

From what I read here most people don't care for him.

A few might not but the majority are fine with him from what I have seen (and note he does advertise here). I think he needs to police his retracting bidders better and I know he is working on it.

[Bigb13]

I looked over a few different auction houses and HA seems to have the biggest bidder base.

[Sean]

Some people don't care for Brent, and those are the ones who post their negative opinions.

But HA should be an excellent choice. Good luck.

[1952boyntoncollector]

Originally Posted by Sean

Some people don't care for Brent, and those are the one's who post their negative opinions.

But HA should be an excellent choice. Good luck.

The only thing on HA that is negative is the sales tax they charge to more people that bid on these auctions versus PWCC...which does impact some sales when the card is in the thousands..

[Bigb13]

Yes they collected tax from me on an auction win. But doesn't everyone have to pay the tax?

[1952boyntoncollector]

Originally Posted by Bigb13

Yes they collected tax from me on an auction win. But doesn't everyone have to pay the tax?

NOPE depends what state you are in.....you would pay a tax to PWCC if you lived in Oregon....sales tax 5-10% makes its a 25-30% buyers premium.

[CMIZ5290]

Originally Posted by 1952boyntoncollector

NOPE depends what state you are in.....you would pay a tax to PWCC if you lived in Oregon....sales tax 5-10% makes its a 25-30% buyers premium.

Will someone please end this damn thread?????

[Peter_Spaeth]

Originally Posted by CMIZ5290

Will someone please end this damn thread?????

Do you not see the irony?

[iowadoc77]

It is truly the never ending thread. Likely will get revved back up come auction time.

[pokerplyr80]

Originally Posted by 1952boyntoncollector

NOPE depends what state you are in.....you would pay a tax to PWCC if you lived in Oregon....sales tax 5-10% makes its a 25-30% buyers premium.

I don't believe Oregon has a state sales tax. I'm sure that is part of what prompted the move. Makes sense though. I have never bid in a memory lane auction though and rarely in heritage because i'm in CA and it makes it tough to compete.

[1952boyntoncollector]

Originally Posted by pokerplyr80

I don't believe Oregon has a state sales tax. I'm sure that is part of what prompted the move. Makes sense though. I have never bid in a memory lane auction though and rarely in heritage because i'm in CA and it makes it tough to compete.

right the reason PWCC moved was to free up more bids from California....lots of more bids come in from California than Oregon..thats the reason he moved away from California sales tax or not in Oregon..

[Bigb13]

Ok some of you guys wanted to know which auction house I was going to use. Well I picked Heritage Auctions. It is up on their preview page. auction #7155 at thefollowing link: http://www.ha.com/c/search.zx?saleNo...ve-notice&FC=0


Sent from my iPhone

[Laxcat]

Don't have the funds, but will be fun to watch. Good luck with a great card.

[1952boyntoncollector]

Originally Posted by Bigb13

Ok some of you guys wanted to know which auction house I was going to use. Well I picked Heritage Auctions. It is up on their preview page. auction #7155 at thefollowing link: http://www.ha.com/c/search.zx?saleNo...ve-notice&FC=0


Sent from my iPhone

We will see if you asked too much 25k or if just net54 members are too cheap....its a shame if it goes for 25k with BP...which means 5k was BP (not to mention the extra few hundred for taxes ) and Im assuming there would of been a buyer on net54 at the price before BP but 25k was the firm firm price and no price reductions on a thread that has been gong on for 7 months before card sent to an AH..

[CW]

Nice. Will also be watching, but this card is out of my stratosphere for bidding.

While I might've picked REA or LOTG to sell it, you can't go wrong with Heritage (plus it's a featured item and part of the live auction).

You might want to change your original post (and maybe even the title of this thread) to reflect that it's now offered on Heritage, but that's up to you.

I like this last line in the description (not too flowery, and just enough hype to generate some interest):

As one of the few remaining examples of this elusive early twentieth century artifacts are absorbed into permanent private collections, we may soon have to content ourselves with old auction catalog photography should we wish to visit one.

[Bigb13]

Originally Posted by 1952boyntoncollector

We will see if you asked too much 25k or if just net54 members are too cheap....its a shame if it goes for 25k with BP...which means 5k was BP and Im assuming there would of been a buyer on net54 at the price before BP but 25k was the firm firm price and no price reductions on a thread that has been gong on for 7 months before card sent to an AH..

Your right we will see!

[ajjohnsonsoxfan]

wow don't know how I missed this thread for last 6 months! That was 20 minutes of entertainment well spent and much better than the million dollar contractor show I was just watching....

[Bigb13]

Well it's at Heritage Auction now.

[Bigb13]

Originally Posted by ajjohnsonsoxfan

wow don't know how I missed this thread for last 6 months! That was 20 minutes of entertainment well spent and much better than the million dollar contractor show I was just watching....

Some real winners on this board. Some were questioning if it was real even after it being graded.

[Bigb13]

HI AJ I know it is entertaining but just to let you know the HA is live now.

[Joshchisox08]

It's alive! It's alive!!!!

[pokerplyr80]

Good luck with the auction. If you didn't pick up any bidders from this thread, I'm sure you at least picked up several curious observers, myself included.

[Sean]

The card is at $8,000 right now(without BP), and it seems to be drawing a lot of interest.

[frankbmd]

BST threads should always get bumped for auctions being conducted elsewhere.

Note: This is not a bump as the thread is already on top.

[Mikehealer]

Nice card. Good luck.

[xplainer]

Wow. I had forgotten all about this drama.
Ok, now for auction, on another site.
Well worth the follow.
Is there a hidden reserve?

[Sean]

Card is over $17,000 with BP, with a week to go. Looks like I underestimated its value.

[sando69]

and everyone else-

http://sports.ha.com/itm/baseball/19...umbnail-071515

if you look closer, you will note that there is a $15,000 reserve on this item, that has NOT been met.

[Iron Horse]

No bid yet @ 15k

[AddieJoss]

So in mid-auction this lot was changed to a new minimum reserve lot, instead of a traditional lot which had bids on it already? Is that accurate?

[gnaz01]

Originally Posted by AddieJoss

So in mid-auction this lot was changed to a new minimum reserve lot, instead of a traditional lot which had bids on it already? Is that accurate?

That's what I took it as

[Jobu]

I think what happens is that the reserve doesn't post until X number of days left. The sale starts with regular bidding and then, if the reserve has not been met when the reserve posting day comes, the current bid becomes the reserve and it displays as being unmet.

[1952boyntoncollector]

Originally Posted by Jobu

I think what happens is that the reserve doesn't post until X number of days left. The sale starts with regular bidding and then, if the reserve has not been met when the reserve posting day comes, the current bid becomes the reserve and it displays as being unmet.

if your reserve is not met i think Hertiage still makes the consignor pay something which may make them want to sell the card at a lower price then the reserve to avoid the fee if the high bid was close

[Jobu]

Jake, that would make perfect sense to me.

Does anyone know what the last high bid was before the reserve posted?

[Sean]

The last that I saw was $8,000. The next day the reserve said $15,000.

[cammb]

Thats complete and utter bull----!!!

[Mountaineer1999]

Haha.... the red lenox cobb melodrama continues

[pokerplyr80]

Originally Posted by cammb

Thats complete and utter bull----!!!

It's actually a common practice on Heritage and is posted in their terms and conditions. As are these:

"Nominal Bids. The Auctioneer in its sole discretion may reject nominal bids, small opening bids, or very nominal advances. If a lot bearing estimates fails to open for 40–60% of the low estimate, the Auctioneer may pass the item or may place a protective bid on behalf of the consignor."

"The Auctioneer, its affiliates, or their employees consign items to be sold in the Auction, and may bid on those lots or any other lots. Auctioneer or affiliates expressly reserve the right to modify any such bids at any time prior to the hammer based upon data made known to the Auctioneer or its affiliates."

In my opinion, these practices seem very similar to those in the Mastro auctions. At least they're not trying to hide them but if any other AH were doing this I think a lot of people on this site would not be happy.

Jake is also correct in that Heritage mentions a consignor may have to pay a reduced commission if an item doesn't sell for the minimum reserve. They also say the consignor can bid the item up past this minimum, but if they win they're responsible for the full commission.

[t206hound]

Originally Posted by pokerplyr80

It's actually a common practice on Heritage and is posted in their terms and conditions. As are these:

"Nominal Bids. The Auctioneer in its sole discretion may reject nominal bids, small opening bids, or very nominal advances. If a lot bearing estimates fails to open for 40–60% of the low estimate, the Auctioneer may pass the item or may place a protective bid on behalf of the consignor."

"The Auctioneer, its affiliates, or their employees consign items to be sold in the Auction, and may bid on those lots or any other lots. Auctioneer or affiliates expressly reserve the right to modify any such bids at any time prior to the hammer based upon data made known to the Auctioneer or its affiliates."

In my opinion, these practices seem very similar to those in the Mastro auctions. At least they're not trying to hide them but if any other AH were doing this I think a lot of people on this site would not be happy.

Jake is also correct in that Heritage mentions a consignor may have to pay a reduced commission if an item doesn't sell for the minimum reserve. They also say the consignor can bid the item up past this minimum, but if they win they're responsible for the full commission.

That is not what occurred in this case. This item had a reserve; Heritage auction lots ALL have a message stating that "Reserve (if any) Will Post On" statement.

Here's there info on reserves:

Reserve (If Any) Not Posted Yet:

Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions. At that point, any unmet Reserve will become both the price shown (with an asterisk) and the Minimum Next Bid, regardless of any previous bids.

Consignor Has Not Yet Submitted a Reserve:
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.

No Reserve:
This lot is being sold without a consignor reserve. (Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)

Reserve Not Met:
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.

Reserve Met:
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.

Opening Bid:
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).

[cammb]

It seems to me you have to be a fool to consign or buy at this auction house.