REA Results and "The Market"

[Bridwell]

I would characterize it as "smart spending". In my case, after tracking and bidding on 50 lots, I only won 2 of them. The prices weren't sky high, but they seemed about market value. Not great deals so I didn't spring for them.

My consignments didn't do that great. Didn't get the sky high bids I had dreamed of. I guess buyers are becoming more savvy.

Maybe that's why there aren't many threads on this. Not too many sky high bids this year in REA, or greal deals.

[Bosox Blair]

Originally Posted by Bridwell

...after tracking and bidding on 50 lots...

Hi Ron,

Nice job on the marker bids! I got about 20 in...also won 2.

Cheers,
Blair

[drc]

Not my area of knowledge, but others elsewhere said that that the unopened packs boxes, ala 1970s Topps, went very high, often setting records. They assume it would raise the price of such items across the board due to the scarcity.

I thought the overall prices for other items looked healthy, a number of items got very strong prices. I generally look at all the categories in an auction.

I thought a lot of lots had respectable prices, just not sky high as one might expect. There were several photos though I thought could have gotten much higher prices, though they didn't go for nothing.

I think the Harry Wright 'card' was worth more than $50,000. I thought similar items in the Legendary items were undervalued. But that's just my opinion. Others clearly disagreed. Maybe I'm ahead of the curve, maybe I'm not

Clearly lots of people are bidding good money, but I don't think the market has reached it's peak yet. I thought the prices in the few months back Legendary auction was shockingly low, but that may be due to reasons other than the market. The Dreier (sp) collection had highest quality and rarely seen items (Primo 1800s CDVs to the best Armor Coin collection I've ever seen), so it wasn't due to lack of quality material.

[GaryPassamonte]

The market for Harry Wright cricket/baseball tickets is extremely thin.

[bcbgcbrcb]

Gary:

I would be in the market for one if the minimum bid were $10,000. Of course, if there were any other interested bidders, I would probably be out of the market pretty quickly........

[cyseymour]

I was impressed with the results for the Bid McPhee and Mickey Welch OJ's. They drew excellent prices overall. 25k for the Welch SGC 84 was a strong price, though deservedly so. Same for the Bid McPhee cards. Considering that prices had been depressed on Bid McPhee recently, they did very well. The high grade McPhee went for 10k and the PSA 2 went for 7k. Prices were more moderate for the OJ's without strong images, but overall things were strong in OJ-land after depressed results for the last six months from the Dreier Collection being liquidated.

[smtjoy]

I felt prices were strong but not crazy. I thought the Ruths, Pirate's and a few others were very strong and at the other side I felt the zeenuts (might have been from there being so many offered) and M101-4/5 other than Ruths went a little low.

I bid on 38 lots and only won 1

[Matthew H]

Originally Posted by cyseymour

I was impressed with the results for the Bid McPhee and Mickey Welch OJ's. They drew excellent prices overall. 25k for the Welch SGC 84 was a strong price, though deservedly so. Same for the Bid McPhee cards. Considering that prices had been depressed on Bid McPhee recently, they did very well. The high grade McPhee went for 10k and the PSA 2 went for 7k. Prices were more moderate for the OJ's without strong images, but overall things were strong in OJ-land after depressed results for the last six months from the Dreier Collection being liquidated.

The Drier OJs weren't very nice. I thought they sold for what they should. Their OJs looked like they bought whatever was available without regard to eye appeal. I only bought 2 of their cards and aside from the Brooklyn minis, I can't think of any card I missed out on. The McPhee cards REA had were the nicest I've seen since I've been looking at OJs. BTW, did you get one? They seemed like your cup of tea.