T206 Plank Auction

[Rob D.]

My guess is the timing of this auction (ending a week before the National, aka "Nationals") might have impacted perceived lower prices than the lack of a banner ad. This auction house consistently realizes strong results and always seems to have an impressive catalog. (For the record, I don't think I've ever purchased an item from them, but I also don't think I've ever not known about one of their auctions.)

[Leon]

Originally Posted by Rob D.

My guess is the timing of this auction (ending a week before the National, aka "Nationals") might have impacted perceived lower prices than the lack of a banner ad. This auction house consistently realizes strong results and always seems to have an impressive catalog. (For the record, I don't think I've ever purchased an item from them, but I also don't think I've ever not known about one of their auctions.)

The fact that several board members have said, in this thread, that they didn't know about the auction, and had they known about it they would have placed bids, leads me to believe a banner ad would have impacted sales.

[stewbacca]

They may not have done advertising with this forum, but I bet they do better in their next auction because of this thread!!! Now that is good. "Well played Mauer"!!!

[Rob D.]

Originally Posted by Leon

The fact that several board members have said, in this thread, that they didn't know about the auction, and had they known about it they would have placed bids, leads me to believe a banner ad would have impacted sales.

Maybe, maybe not. If a Net54 member was prepared to bid at or more than what some cards sold for, then sure that person would have made a difference. If the only bids he was going to place were at the opening or for half of market value, then I doubt he would have impacted results all that much.

There are plenty of dealers out there -- who don't rely on banner ads to know when major auctions houses are doing business -- who place plenty of bids at lower and middle levels to ensure most lots aren't going to be absolute steals. Auction houses don't need Net54 members to place those bids.

I can say that I placed $10,000 in bids in an auction, which sounds impressive, but the reality could be that I didn't impact the selling prices one bit.

I'll stand my guess that serious buyers know when major auctions hold their sales. And the fact that this particular auction wasn't helped by its timing.

That being said, I think if this auction house spent $150 a month with you, it would be a fantastic win-win for both sides.

[ScottFandango]

Originally Posted by Rob D.

Maybe, maybe not. If a Net54 member was prepared to bid at or more than what some cards sold for, then sure that person would have made a difference. If the only bids he was going to place were at the opening or for half of market value, then I doubt he would have impacted results all that much.

There are plenty of dealers out there -- who don't rely on banner ads to know when major auctions houses are doing business -- who place plenty of bids at lower and middle levels to ensure most lots aren't going to be absolute steals. Auction houses don't need Net54 members to place those bids.

I can say that I placed $10,000 in bids in an auction, which sounds impressive, but the reality could be that I didn't impact the selling prices one bit.

I'll stand my guess that serious buyers know when major auctions hold their sales. And the fact that this particular auction wasn't helped by its timing.

That being said, I think if this auction house spent $150 a month with you, it would be a fantastic win-win for both sides.

....anyone who is anyone (whales included) are on net54....

It has also, attracted a good amount of PSA Board members who leave that site for greener pastures....

This is the place to see and been seen....

It's starts with the moderators who are active, fair, watchful......

So it seems clear, that if an Auction house wanted to find its ideal customer, they don't have to look past this site..simple

[wonkaticket]

Originally Posted by ScottFandango

....anyone who is anyone (whales included) are on net54....

Meant with no disrespect to Net54 members, Net54 or Leon and the fellow moderators, I respectfully disagree with the above statement Scott.

The hobby is much bigger and there are many, many collectors with amazing collections who are not on here, further more many of them are not even that aware of our little playroom in cyberspace.

Once again I feel we really tend to simplify the hobby, its collectors and place them into our box when its simply not the case.

Cheers,

John

[ScottFandango]

Originally Posted by wonkaticket

Meant with no disrespect to Net54 members, Net54 or Leon and the fellow moderators, I respectfully disagree with the above statement Scott.

The hobby is much bigger and there are many, many collectors with amazing collections who are not on here, further more many of them are not even that aware of our little playroom in cyberspace.

Once again I feel we really tend to simplify the hobby, its collectors and place them into our box when its simply not the case.

Cheers,

John

You are assuming they need to "post" to be here....

Many many people look at this site and never sign up or post...I know several..

If you google info about cards, many times a link to this site comes up...it's not hard to find this place, one can almost stumble upon it....

This is basically SGC' s message board and PSA's second board....

Just look at the monthly pickup threads and the amount of views....

We collect cardboard...there aren't that many people in the world that do this...eventually most serious collectors DO FIND THIS PLACE....

You did

[MVSNYC]

Yeah, but Wonka's not a "serious collector."

[Leon]

Originally Posted by ScottFandango

You are assuming they need to "post" to be here....

Many many people look at this site and never sign up or post...I know several..

If you google info about cards, many times a link to this site comes up...it's not hard to find this place, one can almost stumble upon it....

This is basically SGC' s message board and PSA's second board....

Just look at the monthly pickup threads and the amount of views....

We collect cardboard...there aren't that many people in the world that do this...eventually most serious collectors DO FIND THIS PLACE....

You did

Actually I think both you and Wonka are correct. I think there are a lot of whales not signed up for this site that read it every day, religiously. I also think there are quite a few that probably don't read it. But to the first point, anyone that has stayed at our table at the National for very long will know what I am talking about. And I do think that most serious collectors, on the internet, know about our site. But concerning the whole discussion surrounded not knowing about the auction in question. You would have to be a bumbling idiot not to think advertising here wouldn't have helped that auction (collectively, I don't know about the Plank in particular), especially after reading this thread.

[wonkaticket]

Originally Posted by ScottFandango

You are assuming they need to "post" to be here....

Many many people look at this site and never sign up or post...I know several..

If you google info about cards, many times a link to this site comes up...it's not hard to find this place, one can almost stumble upon it....

This is basically SGC' s message board and PSA's second board....

Just look at the monthly pickup threads and the amount of views....

We collect cardboard...there aren't that many people in the world that do this...eventually most serious collectors DO FIND THIS PLACE....

You did

Not assuming anything Scott I know of countless collectors and collections that have no part of any website in fact some of these folks hardly use the Internet let alone chat board.

Scott I can assure you that you are the person assuming a bit. As you said "everyone who is anyone knows of this place". Did I find Net54 yes but years after I built the bulk of my collection and I'm also a daily computer user.

There are also lots of collectors/investors who drop huge coin with auction houses who are not a part of this board. I think you would be shocked if we asked say a Lifson, Goldin, Allen, Goodwin how much of their overall business is tied to Net54 members I can bet you good money that the percentage is very low.

Example I spend quite a bit each year on art, illustration art etc. I'm sure there is a forum somewhere but I don't know about. I wonder in that place if their members are saying everyone who collects this stuff knows of this place.....

Cheers,

John