Honus Wagner t206 in Goldin tomorrow (6/21/25) - what will it sell for?

[oldjudge]

Ryan’s card, Ryan’s choice. If it goes up from here it was a good decision, if not it wasn’t.

[mrreality68]

I agree each consignor has a right to do reserve if they choose or “let it ride”.

Especially the higher the value of the card the higher risk/reward.

Amazing what the bidding was without a winner.

And I am sure when and if he decides to sell at auction or in private he will get what he is asking price wait until he gets it

All the other Wagners were strong prices

[oldjudge]

Does anyone know how Goldin treats reserves? I know some auction houses bid against reserves and some just take the bid to one increment below the reserve so that the next bid exceeds it. I assume that also some auction houses do nothing and just see if the final bid exceeds the reserve.

[Aquarian Sports Cards]

Originally Posted by oldjudge

Does anyone know how Goldin treats reserves? I know some auction houses bid against reserves and some just take the bid to one increment below the reserve so that the next bid exceeds it. I assume that also some auction houses do nothing and just see if the final bid exceeds the reserve.

In their terms and conditions they state that they may bid an item up to just under the reserve.

"vii. Goldin may place bids below the reserve on behalf of the Seller, either consecutively or in response to other bids."

[oldjudge]

Then do we know if the bid at $4.15 million was a house bid or a third party bidder?

[benjulmag]

Originally Posted by oldjudge

Then do we know if the bid at $4.15 million was a house bid or a third party bidder?

We don't.

[bcbgcbrcb]

It doesn’t make a difference if it was the AH placing the highest bid or another bidder, all that matters is that if the AH was involved at all, who knows if a second real bidder ever even entered the picture so either way the high bid wouldn’t even exist because the sole real bidder wouldn’t be bidding against themself. Even if the AH was not involved at all and never placed a bid, all it takes is a “hobby friend” to get involved and the end result is the same. The best way to avoid this whole scenario is for the AH to not allow reserves and every card simply goes to the highest bidder. The idea that a consignor has the safety net of a reserve or hidden reserve so they don’t have to sell their card if they are not happy with the price defeats the whole purpose of an auction. Then sell your card with a Buy It Now price. Why be given the best of both worlds, make sure you don’t leave any money on the table using a fixed price sale while not having the risk of receiving a disappointing price at auction, whichever works out better for you. Because, to get a high-end card like this, AH’s will fall all over themselves and do ANYTHING to get the consignment. A lot of competition out there you know.

[Aquarian Sports Cards]

Originally Posted by oldjudge

Then do we know if the bid at $4.15 million was a house bid or a third party bidder?

Since it didn't reach the reserve it is likely to have been a house bid.

[mrreality68]

Originally Posted by Aquarian Sports Cards

Since it didn't reach the reserve it is likely to have been a house bid.

But the bid before that would have been someone’s that then would have triggered the house bid correct?

[dariushou]

Originally Posted by Aquarian Sports Cards

In their terms and conditions they state that they may bid an item up to just under the reserve.

"vii. Goldin may place bids below the reserve on behalf of the Seller, either consecutively or in response to other bids."

Did Goldin state while bidding that the auction had a reserve or was it a silent reserve? If it was a silent reserve and they can bid against it then that is some fishy ass shit. In my opinion at least.

[Lorewalker]

Originally Posted by oldjudge

Ryan’s card, Ryan’s choice. If it goes up from here it was a good decision, if not it wasn’t.

Not since I have been in the hobby has a Wagner gone down but not sure what up from here means. This is a DNS so not sure up or down from here is relevant.

Since GA can bid up to the reserve how many bids did they place and odds are that the high bid was theirs.

[BillyCoxDodgers3B]

Originally Posted by oldjudge

If it goes up from here it was a good decision, if not it wasn’t.

Considering that the card only goes up from past valuations, I guess it's safe to say that it will fare better in the future. It's a pretty nice item to have to hang on to for a bit longer.