The Skydash Collection ... the aftermath

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Posted By: JimB

I know the numbers did not hit the excited speculation of some, but I thought they were strong. Mastro certainly did all that was possible to hype them. If they did not get it in that auction, they would not have gotten it anywhere else either. Anywone who would have been interested knew about it. I disagree that he would have done better on ebay. No way! I also agree that the Jackson is much more desirable that the Thorpe and will probably bring more $.

I assume Skydash was able to work a good consignment deal. Everybody knew he was being courted by multiple auction houses. I'm sure they all offered the best deals they could to him to get that collection consigned.
JimB


P.S. Just to correct a little math that was offered earlier...

"You consign a card to an auction house on which I'm the winning bidder at $100.

Based on a 20 percent buyer's premium and consignor's fee: I end up paying the auction house $120 and the auction house pays you $80.

So, yes, the auction house took in 40 percent of the hammer price, but I'm not sure about your reference to the buyer taking the entire 40 percent hit."

That would make a 33% hit, not a 40% hit. $80 is 67% of $120. However, I would be shocked if Skydash paid a percentage like that.