T206 Ty Cobb Red background Lenox back

[cammb]

It seems to me you have to be a fool to consign or buy at this auction house.

[Peter_Spaeth]

Originally Posted by cammb

It seems to me you have to be a fool to consign or buy at this auction house.

Then there sure are a lot of fools, as they are establishing a dominant position in the hobby.

[1952boyntoncollector]

Originally Posted by Peter_Spaeth View Post
Why give up 20 percent to an AH and risk a weak sale, if you can sell it direct?

'IF' being the operative word...........AH's must be around for a reason...

you paying 25k for the card peter? go save this guy 5k by buying it direct...

plus he did agree to take 20k i think at one point direct...

[823dek]

41 pages ?.....overkill. If not sold, sell it. I want to buy a REd Cobb that is for sale , so it anyone has a nice 2 or 3, lemme know .I thought that this was a frickin BST !

[Peter_Spaeth]

Originally Posted by 1952boyntoncollector

Originally Posted by Peter_Spaeth View Post
Why give up 20 percent to an AH and risk a weak sale, if you can sell it direct?

'IF' being the operative word...........AH's must be around for a reason...

you paying 25k for the card peter? go save this guy 5k by buying it direct...

plus he did agree to take 20k i think at one point direct...

I agree, it's not always possible to sell direct, but if I recall correctly the point of my post was that he shouldn't be faulted for giving direct a shot first.

[1952boyntoncollector]

Originally Posted by Peter_Spaeth

I agree, it's not always possible to sell direct, but if I recall correctly the point of my post was that he shouldn't be faulted for giving direct a shot first.

right but you have gone on record that people really offer more at AH then they do direct thats just how it is if you plan on selling your card direct....so its a waste of time to try direct ..

in any event, if the guy was willing to take 20k, i assuming his reserve is around there at heritage..

[1952boyntoncollector]

what this card end at...

[Sean]

Originally Posted by 1952boyntoncollector

what this card end at...

It appears that it didn't reach the reserve ($15,000).

In retrospect it seems predictable. Offering a card for sale for a year without having it sell has to decrease it's eventual sale price.

And for the record, I take no joy in this outcome. I have my own Cobb/ Lenox, so I really wanted this one to sell high.

[cammb]

Originally Posted by Peter_Spaeth

Then there sure are a lot of fools, as they are establishing a dominant position in the hobby.

Don't think there are a lot of foolish collectors but an abundance of foolish investors. Because a certain price is paid for a certain card doesn't mean that that price will be sustained in the future. eBay is littered with overpriced cards that sellers seek because they live and die by VCP. Personally, I pay no attention to VCP and purchase cards that I feel is the right price for me.