REA Winnings..... And losings.

[gnaz01]

Originally Posted by wonkaticket

what's going on...all week jim was telling me the card was trimmed and i should stay away.

lol

[sforaker]

Picked up hobby classic I have always wanted.Cobb T205.jpg

[Leon]

Originally Posted by sforaker

Picked up hobby classic I have always wanted.Attachment 142614

One of my faves, congrats. Looks like our board members came away with quite a few items. Great looking antiquities.

Jim- Love the Croft's Cobb.

[sforaker]

Thanks, Leon.

I agree that the Croft's Cobb is the bomb. Congrats, Jim.

Love seeing all the great cards of fellow board members.

Scott

[M's_Fan]

The values I received as a consignor for my items ranged from mediocre to awful.

I consigned a 1951 Bowman Red Menace complete set (Lot 1722) that I bought for $1300 in the 2010 REA auction, then spent about $300 in grading fees, only to see it go for $700, which means only $630 back to me after REA fees, so I lost almost $670 on this set.

I lost money on all of the other items I was consigning too, all purchased from past REA auctions, after accounting for the 10% consignment fees (a T205 Tris Speaker SGC 70, a 1954 Topps Ted Williams, a 1941 Goudy Sky Birds complete set).

Because my consignment auctions were going so poorly, I hardly bid on anything, as I was not feeling like I had any coin to spare.

[peterose4hof]

I was in the running for the Cincinnati Peck & Snyder, but it got a little too steep for me.

[DixieBaseball]

I was the underbidder on this puppy... Bummed about it as I found it to be a really neat - unique item. Never heard of this Negro league team and to have a pic on a period cigar box is stellar. (I was kicking myself for not bidding more)

[shammus]

Originally Posted by M's_Fan

The values I received as a consignor for my items ranged from mediocre to awful.

I consigned a 1951 Bowman Red Menace complete set (Lot 1722) that I bought for $1300 in the 2010 REA auction, then spent about $300 in grading fees, only to see it go for $700, which means only $630 back to me after REA fees, so I lost almost $670 on this set.

I lost money on all of the other items I was consigning too, all purchased from past REA auctions, after accounting for the 10% consignment fees (a T205 Tris Speaker SGC 70, a 1954 Topps Ted Williams, a 1941 Goudy Sky Birds complete set).

Because my consignment auctions were going so poorly, I hardly bid on anything, as I was not feeling like I had any coin to spare.

Greg, I can relate to this a bit. I think there were tons of great deals to be had in this auction and I feel I picked up a few nice things myself. But on the flip side of this, if there are great deals to be had, that means that there are consigners disappointed in how things turned out. The 09 Obak set I consigned went for only 4k, which is a number I feel is almost unrealistically low. Winning some nice things at good prices definitely helps take the sting off but it did feel like I was restricted in my bidding too.

One question...you mentioned a 10% consignment fee? I thought REA offered a 0% across the board. Am I mistaken?

[jcmtiger]

Originally Posted by shammus

Greg, I can relate to this a bit. I think there were tons of great deals to be had in this auction and I feel I picked up a few nice things myself. But on the flip side of this, if there are great deals to be had, that means that there are consigners disappointed in how things turned out. The 09 Obak set I consigned went for only 4k, which is a number I feel is almost unrealistically low. Winning some nice things at good prices definitely helps take the sting off but it did feel like I was restricted in my bidding too.

One question...you mentioned a 10% consignment fee? I thought REA offered a 0% across the board. Am I mistaken?

I consigned some items and my contract states 10% fee.

Joe

[uffda51]

I'm also a fan of Zasu Pitts!