Quote:
Originally Posted by raulus
Usually this is an argument against selling through an auction process, at least for items with really thin demand, so I’m a little surprised that you would lean into it. But maybe the majority of the items in your auctions don’t fall into this category?
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Sorry that honesty seems to confound you. Or maybe you were just taking shots at me. I would argue the MAJORITY of items in EVERY auction don't fall into this category.
I've been on both sides of the equation. We had a Rose Co. Mathewson in a very nice PSA 3 sell for $18,000. The next month Heritage had an SGC 5 go for $13k because the big buyer was out of the market.
In almost the same time frame Heritage had a PSA 8 1952 Berk Ross Mantle go for $90k (destroying the previous high sale of $16k) 3 weeks later we had one go for $51k. Still great compared to the previous record, but with that 90k buyer out of the market the 3rd place bidder now sets the price.
The problem is you don't always know what's coming down the pike with other auction companies so it's impossible to plan for it. Now if an auction company were to do it to themselves, that, to me, is irresponsible to their consignors.
We had several very tough and thinly traded items in our recent auction from an Uzit back, to a Nadja Wagner and a couple of E222's (among others). The Uzit was probably safe no matter what had come before, and maybe the market is big enough for the Wagner because of who he is that it wouldn't have mattered if someone sold one a couple weeks before me, but I would've been VERY bummed if after I had advertised the E222's someone else had the same ones at auction right before me. It absolutely would've impacted our price and I'd be lying if I said otherwise.
10-25-2025, 03:06 PM
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