memory Lane Spring Rarity Auction

[Snapolit1]

Price on the much heralded Jackie card from other thread was meh.

I guess the MBA gold diamond label stamp of approval ain’t what it used to be.

Gold and diamond together is pretty special. Guy should have a tanzanite platinum level for sure.

[MattyC]

I for one always felt Terry Hughes was tragically undervalued; glad to see some collectors or perhaps even investors are finally giving him love and seeing the potential. .209 career average, which is better than my team's 36M captain right now!

Some cards I like actually softened in price, which is great for the chances of adding them all. The 1914 CJ Shoeless came down a lot-- the 4 last night sold for 90k, while a 2.5 sold for 96 in 2021, another SGC 4 sold for 120k at Mile High in 2022, and a PSA 4 sold for 150k in 2023. So that was low.

The yellow Goudey #53 Ruth 4.5 also came down a bit. The last 4.5 sale was 30k (and the last three PSA 4 sales in order of older to newer are 22-19-17).

The e121 Babe also came down. The 5 sold for 70k, was being shopped privately pre-auction for 90k, and a 3.5 sold previously 72k.

[3-2-count]

Originally Posted by MattyC

The 1914 CJ Shoeless came down a lot-- the 4 last night sold for 90k, while a 2.5 sold for 96 in 2021, another SGC 4 sold for 120k at Mile High in 2022, and a PSA 4 sold for 150k in 2023. So that was low.

The ending price on the 14 CJ Jax really stood out to me as well as selling for far less that it had been the past couple years!

[Lorewalker]

Originally Posted by Snapolit1

Price on the much heralded Jackie card from other thread was meh.

I guess the MBA gold diamond label stamp of approval ain’t what it used to be.

Gold and diamond together is pretty special. Guy should have a tanzanite platinum level for sure.

Again, not accurate at all. These go for a few hundred ungraded. Dunno if the price was attributed to it being in a PSA holder, the MBA sticker or the over the top write up that also mislead the public as it being the only one in existence.

As for the general results, prices were all over place. Some things that I thought would do well seemed to have really corrected and other things went well beyond what I had anticipated. This is a really tough market to predict.

[MattyC]

Yup, at any given snapshot in time, some cards will sell for new record highs while others will be lower than prior sales. It's just impossible to generalize or herd all cards together. Especially given the great variance in eye appeal possible— even within cards of the same grade. Best one can do when shopping for their collection is dig into all the images and sales data available.

[Lorewalker]

Originally Posted by MattyC

Yup, at any given snapshot in time, some cards will sell for new record highs while others will be lower than prior sales. It's just impossible to generalize or herd all cards together. Especially given the great variance in eye appeal possible— even within cards of the same grade. Best one can do when shopping for their collection is dig into all the images and sales data available.

That has always been true for the hobby. Eye appeal might explain some of the new record prices but I think most of the record prices are being paid for either issue or condition rarity. As for prices adjusting down, I feel it is nothing more than fewer people bidding/buying. The market was far more predictable than it is now. This feels different so I do not agree it is eye appeal and that would be over generalizing what drives the market today.

[MattyC]

Originally Posted by Lorewalker

That has always been true for the hobby. Eye appeal might explain some of the new record prices but I think most of the record prices are being paid for either issue or condition rarity. As for prices adjusting down, I feel it is nothing more than fewer people bidding/buying. The market was far more predictable than it is now. This feels different so I do not agree it is eye appeal and that would be over generalizing what drives the market today.

I never wrote that eye appeal is the cause behind all pricing. I said it is a factor in why one cannot generalize about there being one prevailing market trend or direction.

[Lorewalker]

Originally Posted by MattyC

I never wrote that eye appeal is the cause behind all pricing. I said it is a factor in why one cannot generalize about there being one prevailing market trend or direction.

It seemed like it was implied and I was simply stating that the market feels different and the trends I see make me conclude it is a more limited audience. That is my opinion on the market and you have yours.

[Rhotchkiss]

As many of you know, I consigned a large portion of the prewar items that sold last night. I am very content with the results, although they were all over the place.

Last night's auction contained about 75% of my total consignment, with other items to sell in the Summer and Winter auctions. When I first consigned, Joe and I (Joe is with Memory Lane) sat down and we estimated a low, likely, and high value for every card. Last night, the total aggregate sales price of my consignments, with the Buyer's Premium, was about 3% above the total likely-value we placed on the items. Thus, last night's entire consignment ended, in the aggregate, almost exactly where we estimated it would. That said, many individual items went for very different amounts that expected (both good and bad).

The D304s went crazy. Literally, nonsensical; but I wont complain! The Wagner, Matty, Lajoie, Collins, and many commons went for multiples over prior highs.

My T206 set and 1914 CJ set both did better, in aggregate, than I expected. The 1914 CJ Jackson was the bad egg of the entire auction -- someone stole that card. But most other items, including commons, did very well. Same with the T206 set; the Green Cobb did not do well at all, but that was offset substantially by the other Cobbs and many PSA 7s+ and strong results for commons.

The W600 Matty went through the roof, as it should have, considering it was produced in his rookie year (albeit not the first issue of his rookie year). The Tip Top Wagner did great, and my Planks all finished very strong. Almost every Ruth finished on the lighter side of what I expected, and a few crapped the bed. Wagners and Cobbs are definitely 10%-20% off their highs, but still strong.

Put it this way, it was a very large and diverse consignment and it ended at 102%+ (including BP) of where we estimated the likely value total to be. I am happy with the results, and now I need sleep!

[Snapolit1]

Jackie postcards in the hundreds? Sure …. In 2019.

Originally Posted by Lorewalker

Again, not accurate at all. These go for a few


hundred ungraded. Dunno if the price was attributed to it being in a PSA holder, the MBA sticker or the over the top write up that also mislead the public as it being the only one in existence.

As for the general results, prices were all over place. Some things that I thought would do well seemed to have really corrected and other things went well beyond what I had anticipated. This is a really tough market to predict.

[Lorewalker]

Originally Posted by Snapolit1

Jackie postcards in the hundreds? Sure …. In 2019.

LOL. It is not a postcard. I have a raw one. It is a flimsy piece of paper. Speaking for myself I make it a point to not comment on things I know nothing about.

[Snapolit1]

I guess another non-postcard that recently sold in the hundreds.


ttps://bid.robertedwardauctions.com/bids/bidplace?itemid=175618

[Lorewalker]

Originally Posted by Snapolit1

I guess another non-postcard that recently sold in the hundreds.


ttps://bid.robertedwardauctions.com/bids/bidplace?itemid=175618

That is a postcard and it is signed. And here, let me fix your link

https://bid.robertedwardauctions.com...?itemid=175618