Beantown Find. the story...

[Leon]

I think Steve is doing a great job and a great service for this older lady. Anyone who doesn't think so can just move on.....see ya later!@!!

And Steve, the one deal we did.....perfect so far. You are my hero. And oh yeah, btw, from the several lots that I know of, and the prices ascertained, you are doing very well with them. You should sleep good at night.

[PEEK enterprises]

Steve - thank you. You have been more than professional and I could not be more pleased with the cards or the manner in which they are being sold.

[marcdelpercio]

Just wanted to add that I was lucky to win/buy one of the T205 lots. Cards were in my hands two days later and even nicer than described. I would echo the sentiment that these have apparently gone for some pretty strong prices. On several of the lots, I have put in what I thought was a competitive offer, only to be informed that it was already a thousand bucks higher. Steve has been very responsive to my e-mails despite I'm sure receiving tons of other messages.

My only suggestion would be to possibly update the high bid/offer on the listing and maybe list a final time cutoff that offers would be taken on the lot. That would be a quick and easy way to let people know exactly where the price was and avoid the time and hassle of replying to 20 e-mails with offers that have long since been surpassed. However Steve decides to do it though...great service and great cards so far. Best of luck to Steve and the family he's helping and I'm definitely looking forward to seeing more stuff as it's listed.

[wonkaticket]

To be clear Steve I'm not saying anything is fishy, I'm saying that I think Net54 alone is limited audience for a lot of these cards and money is being left on the table in some instances. IMO

If money needed quickly is an issue I'm sure many auction houses would have given cash advances, offered 0% vs. 15% and might have even spent some coin on grading on a collection of this size. Not that they need to be graded.

But I can't help but think using a auction house REA/Goodwin/HA does open up a lot bigger mailing list and bring more eyes to the table ....I guess I'm the only one who thinks this way.

I do find it a little funny for all who say the Net54 BST is the way to go 100% with these...I wonder how many of you would be selling your collection of 2000+ cards or high dollar items via only our BST.

In fact Leon why even bother with Brokelman Luckey just use the BST. All kidding aside so Leon as a direct question you see no real value in my POV of using an auction house for a collection of this size, you feel the BST was the way to go here?

Also I wonder why we aren't all on the edge of our seats waiting for the BST catalog to ship vs. REA.

Cheers,

John

[tonyo]

This whole "beantown find" thing has been very interesting (and fun) to watch from the cheap seats.

I finally sent in an offer on one of the recent lots.......no response from Steve, but in retrospect I was one of the bidders that wasn't even close enough merit a response. Understandable

I did ask him what the lot went for just to gage my potential ability to win future lots. He politely let me know that I was over 50% low.

That helped - now I know that I can just swim back over into the shallow water and wait for a "much" lower grade lot before I try again.

************

A request:
When (if) these lots are broken down by their purchasers and offered again on BST in smaller chunks, It would be nice to know that they are part of the "beantown find" it's always much cooler to know something about the original owners!

Hopefully I can end up with some then!

[GrayGhost]

This is a fascinating story, that makes lowww budget guys like me envious in some ways, but fascinated by a 'great find" story too. I can't honestly wait to see whats in the other trunk. Maybe a stack of Ramly's or Turkey Red cabinets?

Great stuff and continued best on the sales Steve!!

[botn]

John makes some valid points. The BST is certainly a quick way to sell cards. There are several (not all by any stretch) deep pockets on or lurking on this board but limiting the sales to just that venue and for such a short and undefined period of time seems like it would frustrate being able to maximize proceeds.

Not to criticize Steve but he did not put up prices. Only wrote that we should make offers. Obviously he had some idea of what he wanted for the lots but for some reason opted not to post that info. How else would he know to sell the lot once a certain buyer’s offer came in? What determined a lot no longer being available was not time expiring on the offer but a buyer’s offer which seemed acceptable to him.

Steve definitely met the timely part of liquidating this collection and based on what he has written, that seemed to be his priority even if it meant leaving some money on the table.

As for his taking 15%, if these cards had been consigned most houses might not have charged a seller’s fee but the buyer’s premium would have most likely exceeded 15%. So Steve’s 15% cut is not so bad when you consider that Mrs. M would not have participated in the buyer’s premium.

[Mikehealer]

One thing I'm wondering if so much money is being left on the table with these lots, why don't the people that believe this is the case just buy all the lots and then consign them to an auction house for some easy money... Of course this may be what's happening, who knows.

Anyway good luck with the rest of the sale Steve.

[bigfish]

Well said. The owner is happy. The prices have been strong and Steve has done a nice job raising money for an elderly woman needing financial support. Not sure that the rest of the posters here matter very much. If those two folks are happy it is a win. I think it is nice that Steve was able to offer the board these cards. I guess several posters above would rather bid on them in a major auction. The lot prices on the bst were stronger than lots sold recently in major auctions.