Robert Edward Auctions Catalog

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Posted By: Jay Miller 

I just got my catalog and all I can say is wow! This is the best grouping of pre-1900 material that I have seen since the Halper sale, maybe since the Copeland sale. In special cards(none of which are mine ) there is a Lone Jack, an N167 Corcoran(John--calm down), a NY Giant K-Bat, a NY Met K-Bat, a large Gypsy Queen, a rare Detroit K-Bat team card, G&Bs, Yum Yums, S.F. Hess cards, a Just So card,etc. Leon---I told you to save some money for this. I think those who like 19th century material will be blown away by this selection.

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Posted By: leon

Like I said on the phone I am closing on a business next week and cash could be tight right now.....so we'll see......thanks for the heads up...
leon

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Posted By: Bill Cornell

http://www.robertedwardauctions.com/

Just heading off the inquiries...

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Posted By: Julie

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Posted By: leonl

the catalogues should be going out on the 12th of April although some got shipped earlier by accident...I am waiting with baited breath (whatever that is although this morning it's coffee breath). I, and several collectors, are wondering what this auction does, if anything, to the prices in the other current auctions. There's only so much money to go around at any one time per collector.....at least for most of us....later

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Posted By: Dan Elsass

I have been attempting to view the many items on the site, but even with a high speed cable modem, it appears to really lag.

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Posted By: Nickinvegas

Must control self...Ughhh...Must not do it...Ughhh..Must remember underfunded Florida Family vacation in three weeks...Ughhh...Must not rationalize purchase...
Must not fake illness, cancelling trip...

Great stuff! I think this one is better than Mastro's current auction.

Nick

PS:I too have cable modem and the site is painfully slow. It took me a good part of the day to see the whole thing. Hopefully my boss isn't reading!

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Posted By: The Donald

You're FIRED!

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Posted By: dan

I agree with Leon, How will this affect the other auctions? There is only so much money going around and YES! This is the best vintage material I have seen in awhile!! Dan.

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Posted By: JC

Agreed, Robert Edwards auction should have some reasonable prices since noone will have much money left after the other two. I would not want to be a consignor for the third auction within a 2 week time frame of others. You would think they would have better timing. Lipset's auction is perfect timing.

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Posted By: Jay Miller

JC--I disagree. I think that a smart vintage collector will hold off on some of the last day bidding in the other auctions and save the money for Rob's auction. The stuff is just so much better in there. However, on a personal basis I hope you are right since there are more than a few items I'de like to get in Rob's auction and if they go cheap that would be mo betta!

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Posted By: Julie Vognar

In fact--what am I going to the National for...? What STUFF! Complete 1888 Cincinnati scorecard. N43 ewing (I really need another ewing like a hole in the head! Can't resist Ewings...)

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Posted By: Scott Bob

MastroNet -> Robert Edward -> Lelands....

I can tell Lelands auction is not going to success since everything will be totally broke after Rob's auction. Lelands auction used to have no good stuffs anyways. Who cares...

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Posted By: warshawlaw

Their web site and my computer do not like each other. is anyone else having problems looking at their auction on line?

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Posted By: jay behrens

I have a 3meg connection and this is the slowest site I have ever run across. It is most likely a bandwidth problem on their end.

Jay

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Posted By: Joe_G.

Not only do most people have their tax returns at this point, but the consigners (most being active collectors) that sold items in early auctions will have plenty of coin to purchase items of interest. I think today's savy collectors will bid where most appropriate and not spend everything early. There are nice items in all current auctions. An exciting time for us.

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Posted By: hankron

Worth noting to active and wannabe autograph collectors that Mike Gutierrez's lastest auction just started at http://mgauction.net/ He's highly regarded as an autograph expert and many of his lots are on the affordable side, compared to MastroNet.

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Posted By: Kevin O

I was particularly thrilled to see the 1969 Cubs team ball in the Gutierrez auction (lOT #64). Apparently, the Cubs not only played in the NL West but they won the darn thing. I can't wait to tell Santo (my dog).

Although I divested myself from most of my autographs a few years ago, that single-signed, Big Train OAL ball (lot #4) makes me weak in the knees (no, it ain't mine). It's easily one of the top three I've ever seen.

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Posted By: Tbob

<<Not only do most people have their tax returns at this point,>>

What's a tax return? The last time I got a refund, God was a boy...

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Posted By: Jay Miller

JC---After seeing the $11+ million total for Mastro I have changed my mind and think you are right. With all that money spent on the Mastro and Lipset auctions I can't see how the Robert Edward auction will get any kind of decent realizations; too much money taken out of the market. Look for bargains!

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Posted By: scgaynor

These days there is no such thing as too much money being taken out of the market. There are a ton of underbidders in those auction that still have plenty of money to spend. That was a problem back at the time of the Copeland auction, but these days, there are more than enough bidders and with interest rates low, money is cheap.

Scott

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Posted By: runscott

I'm sure the Robert Edwards auction will do just fine. I am high bidder on two lots, at market value, and I still bet I lose both of them.

Jay, what are you consigning in RE other than the Mint t206 Keeler? You said that you didn't have any 19th century stuff in this auction. I know that your stuff is un-altered, so I would be much more likely to bid on it than some of the other items in PSA holders. The Keeler for instance - for those who have forgotten, Jay bought it raw and then got it graded. This is one of the few slabbed cards I would trust as actually being "mint" un-altered.

Perhaps I've committed a social faux-pas, but why don't some of you who consign in the big auctions advertise your stuff here? Seriously, with all the altered crap out there I would be much likelier to give my bids to people I trust.

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Posted By: will watson

that N167 Corcoran is awesome. any guesses as to where it will end up pricewise?

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Posted By: Jim Clarke

I agree with Jay Miller on the fact that there will not be as many knowledgeble (key word) buyers with money to spend on the RE Auction. With that being said, I think there are some new comers out there with deep pockets that will over spend on itmes that will enhance drive book value up for next year, which will help the values of our collections. I'm sure if the new comers don't come out of the woodwork, that there will be certain people like Jay, myself, Scott, Leon, trevor, Pete, Julie, Mike, Bill... Etc.... that will not allow many lots to go cheap and protect their investments with fair market token bids.. I know I do it. I do not want to tip off what I'm am HOT on as I don't want to know what other's are on as well. I do like to know what people won from the board after the auction is done... I will buy anyone a hotdog and beer if I won a lot that they were the underbidder on, as well as you will owe me a hotdog and beer if you make me the under bidder.... See ya in Cleveland! JC

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Posted By: runscott

and I doubt many people in the list you just posted would either. If someone else can get an item below market value, then good for them. I have had my bids run right right up to my ceiling in the past - I sincerely hope it wasn't someone like you trying to "protect their investment" who didn't really have any interest in winning the item.

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Posted By: petecld

Jim,

What in the world makes you think Edwards bidders are different people from the Mastro bidders? You don't think once the Mastro catalogs were put on the pile the Edwards catalogs weren't picked up?

I can say I have never bid on a lot for just for the sole reason of protecting my investment. Maybe if the type of items I "invested" in were cases of 1990 Fleer it would be a different story. Besides, and I know this is cynical, but I don' believe the auction houses need bidders to run up prices. . . if you know what I mean.

After the last Mastro auction there was a lot of talk about dealers buying the big lots, breaking them up, and selling cards as singles for a profit on eBay. In my opinion, this time around everything seemed to sell too high for that. Were there that many "new corners" this time?

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Posted By: Jim Clarke

Say I collect Sporting Life Cabinets and the price on one is at 250.00. Even though I already have the same player, I would not want to see it go for that. I would buy it and then maybe just re-sell the one in lesser grade. I know I collect differently than most. But you can never have to much of a good item. If there was an Old Judge Common player/pose in high grade in the auction at 250.00. Do you think Jay, Keith, Trevor, Larry, Mr Dyer, and whover else is collecting those will let it go that cheap??? I don't think so... Call it what you want.. But I collect everything I feel is at a good price no matter how many I own. Have I ever run anyone up in an auction? No.... But I might start doing it with the Green Monster "Jim" LOL He's on my SH$T list! How do you run up people with Snipe bids on Ebay and you don't know who you are going against in major auctions (at least noone tells me).

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Posted By: Jim Clarke

Just to work on the facts... If I ran up bids to protect my investment on most I would have done it in the last Mastro Auction. I won the large King Kelly Gypsy Queen for around 13K from Barry Sloate while I watched the Large Gypsy Queen in Mastro go for around 9K Hmmmmmm .... On the flip side I ran up a Harry Wright Team Cabinet to 18K a couple of auctions ago and lost to I think Hal? Then I won the same Cabinet from Lew for about 5K in much lesser condition.

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Posted By: halleygator

"On the flip side I ran up a Harry Wright Team Cabinet to 18K a couple of auctions ago and lost to I think Hal? Then I won the same Cabinet from Lew for about 5K in much lesser condition." - JC

So can we agree that yours is worth $18k ... rather than agreeing that mine is only worth $5k ??

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Posted By: JC

I wish! I wanted the nicer one and felt it was at the correct price. Mine has a big old nasty stain on Harry's face and will never be worth a NM copy like the one you own. I would trade mine plus 13K for your's anyday... I just hope we don't see anymore for say 10 years.

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Posted By: 823dek

Pete,

I know of dealers that won lots in the Mastro auctions to sell on ebay, matter of fact we spoke of the competition and agreed that it is getting more difficult to purchase these larger tobacco groups at a reasonable and profitable price. It just means that they make 7500.00 profit instead of the usual 15000.00.

Of course ,Iam not one of these people...yet! ..I still enjoy the collecting end of it. Lately Ive become quite picky on cards...seems to be some goofy garble going on at times.

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Posted By: hankron

Though on a lesser financial scale and in a different area, I sometimes do things simularly as JC. With special items in limited number and that I think have are under appreceated, I prefer to accumulate them all (literally). You take it personally, if someone has one.

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Posted By: hankron

Duly note that I am not boasting about anything financial, as I have 'cornered markets' for under $100.

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Posted By: warshawlaw

From all the talk above, it seems to me that the auction houses leave a great deal of money on the table when they group these lots so excessively. If dealers are the buyers and they are flipping the cards on ebay for enormous profits, I think the auctioneers are screwing their consignors by setting up these unmanageable lots. Why not group the cards better and pull the full retail from them? Or why not follow RE's lead and use ebay as part of the overall sales strategy?

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Posted By: Jay Miller

In answer to your first question, auction houses lot the way they do to limit lots to those with an expected realization of at least several thousand dollars. The cost of adding to the size of the catalog, and the time it would take to describe individual cards, makes what you propose impractical for all but the smallest auction houses.

In answer to your second question I think the use of ebay for a full auction is not that great an idea. I'm not sure it adds that many new names to your mailing list and no one in their right mind would bid on ebay since it adds 5% to the buyers premium. Plus, the ebay listings are confusing. Look at any lot on ebay and they all show only the opening bid not the current bid level.

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Posted By: hankron

I think REA is using eBay as a promotion/advertisment, both to the general public and to potential consigners ('Your stuff will appear on eBay too!'). Since it's their first (recent) auction, it's probably not a bad thing to do, general promotion-wise.

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Posted By: warshawlaw

my issue was that as a potential consignor, I would hesitate to consign cards to a company that I knew would blow out my collection to dealers who are just going to break it down and sell it properly afterwards. I had that happen once before with entertainment memorabilia and it really ticked me off. It just seems to me that anyone looking to sell off a good sized collection of "common" HOFers in collector grades would be much better off not paying 30% commission to in effect have his stuff blown out wholesale to dealers. Now, if that means I send my cards to a smaller auctioneer with a better track record of dealing with people who don't have allegedly unopened 1952 Topps boxes, so be it. That's why I think the Burks have a good business model. Their lotting is such that I would feel much better selling run of the mill T206 accumulations through their auction.

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Posted By: bcornell

Were premature. No bid is high enough from this camp, apparently.

It's like Mastro never happened.

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Posted By: halleygator

I am still alive in 4 of my 5 bids...

but I am GIVING UP on the Kalamazoo Bats Detroit Wolverines SGC 50 card ... so whoever wins it can THANK ME for letting you have it and CUSS ME for driving your price up.