REA: What Did You Win?

Snapolit1 · #1 05-01-2016, 12:22 PM

Nada. But was happy to go to the White Plains show today and pick up a nice Gehrig card. Didn't pay a 20% premium either.

Cmount76 · #2 05-01-2016, 12:34 PM

I was lucky enough to win the Dummy Taylor lot of cards including (2) C46 Imperials, E91A Caramel, Fan Craze, and a few Souvenir Post Cards.

I was shut out on 4 others...

CharleyBrown · #3 05-01-2016, 12:50 PM

Quote:

Originally Posted by Snapolit1

Nada. But was happy to go to the White Plains show today and pick up a nice Gehrig card. Didn't pay a 20% premium either.

How was the show? Wanted to go, but it wasn't in the cards with the Mets game on Friday night and birthday parties to attend all weekend.

Peter_Spaeth · #4 05-01-2016, 01:33 PM

Quote:

Originally Posted by Snapolit1

Nada. But was happy to go to the White Plains show today and pick up a nice Gehrig card. Didn't pay a 20% premium either.

The premium is just part of the price. Right, Bob??

T206Collector · #5 05-01-2016, 02:16 PM

I am super thrilled to add another unique pose signed T206 to my collection. Welcome aboard Mr. Sullivan!

I am also really excited to have picked up the only signed Obak I've ever seen, and it's the future 1925 AL MVP Roger Peckinpaugh!

AND... I even added a pair of signed M101-2 from the Doc Steen collection to bring my total number up to 11!

I also picked up a dupe of Larry Doyle if anyone is interested in picking one up...

btcarfagno · #6 05-01-2016, 02:19 PM

I was underbidder on the Carrigan/Schulte/Doyle. Don't forget it comes with the Carrigan letter (signed by Carrigan) as well.

Tom C

atx840 · #7 05-01-2016, 02:25 PM

Thanks Blair, figured something was up.

Very happy to get this one back.

T206Collector · #8 05-01-2016, 02:55 PM

Quote:

Originally Posted by btcarfagno

I was underbidder on the Carrigan/Schulte/Doyle. Don't forget it comes with the Carrigan letter (signed by Carrigan) as well.

Tom C

Yes! That's one of the reasons I was so interested!

milkit1 · #9 05-01-2016, 07:34 PM

Quote:

Originally Posted by btcarfagno

I was underbidder on the Carrigan/Schulte/Doyle. Don't forget it comes with the Carrigan letter (signed by Carrigan) as well.

Tom C

I was the underbidded seller

Regretted selling that the second I mailed it out. Gladto see its in good hands at least

Cant believe how cheap my Mordecai Brown sold for

Sean · #10 05-01-2016, 11:01 PM

Quote:

Originally Posted by milkit1

I was the underbidded seller

Regretted selling that the second I mailed it out. Gladto see its in good hands at least

Cant believe how cheap my Mordecai Brown sold for

Which Mordecai was yours?

darwinbulldog · #11 05-01-2016, 11:33 PM

I went 1 for 33.

milkit1 · #12 05-02-2016, 06:15 AM

Quote:

Originally Posted by Sean

Which Mordecai was yours?

The autographed m101-2

T206Collector · #13 05-02-2016, 07:27 AM

Quote:

Originally Posted by milkit1

I was the underbidded seller

Regretted selling that the second I mailed it out. Gladto see its in good hands at least

Cant believe how cheap my Mordecai Brown sold for

I know there is a theory that those M101-2s were "cheap" last summer because they sold in a small regional auction without much fanfare, but everything sold in REA for about what they sold for last year. Anyone who was in on them last year was in on them this weekend.

But, I love them, and will keep collecting the heck out of 'em...!

clydepepper · #14 05-02-2016, 07:53 AM

Could anyone tell me how to 'cut and copy' the cards I won? - from the REA website, I mean.

Thanks

GregMitch34 · #15 05-01-2016, 02:17 PM

Amazing to me how many people even here complain about paying 15% or 20% "premium" or "extra" in an auction. As you know, just means, in most cases, that the hammer price was 15% or 20% lower.

Peter_Spaeth · #16 05-01-2016, 02:18 PM

Quote:

Originally Posted by GregMitch34

Amazing to me how many people even here complain about paying 15% or 20% "premium" or "extra" in an auction. As you know, just means, in most cases, that the hammer price was 15% or 20% lower.

I know. It's incomprehensible to me.

clydepepper · #17 05-01-2016, 04:55 PM

Quote:

Originally Posted by Peter_Spaeth

I know. It's incomprehensible to me.

Peter & Greg- I make my adjusted ceiling price with the premium added in - I'm never surprised by it, just disappointed it keeps me from landing some cards I want:

Example from this REA auction:

I already have a N28 Ward & a N162 Kelly, but I was looking to upgrade as I prefer all my cards to be in at least EX grade (my Ward is a PSA-4 and Kelly SGC-40).

I got the REA Ward SGC-80 for $60 less than I had figured to spend, but the PSA-5 Kelly went above my limit of 4250 + 850= 5100. The hammer price at 5K to become 6K altogether, which was $900 more than I was willing to go...and I thought I would be overpaying at that.

Again, I was fully prepared for the premium, it just keeps me from getting my upgrade.

If the same card had shown up on Ebay, I may have been able to afford it...of course the other side of the argument is that since nobody would be paying the premium, they could all spend more and the same final price may very well be the result.

Perhaps I would have considered laying out more if this was not just an upgrade situation.

-Raymond

Snapolit1 · #18 05-01-2016, 02:20 PM

Sometimes it means you paid market price, including the premium. And sometimes it means you paid the market price and then paid 20% extra. Could mean either one depending on how informed the bidding was how efficient the market worked.

Peter_Spaeth · #19 05-01-2016, 02:32 PM

Quote:

Originally Posted by Snapolit1

Sometimes it means you paid market price, including the premium. And sometimes it means you paid the market price and then paid 20% extra. Could mean either one depending on how informed the bidding was how efficient the market worked.

For any item I would care about, I am guessing virtually every bidder understands a premium is going to be added at the end, and bids accordingly.

Snapolit1 · #20 05-01-2016, 02:43 PM

I'm not so sure that doesn't get lost many times in the heat of the moment. I'll confess I've lost track of it on occasion.

Bidding is a competition. Sometimes you just dig in and decide you're not going to lose. I've seen people overpay dramatically for houses simply because they were tired of losing and decided this time they sure as hell were going to win.

Peter_Spaeth · #21 05-01-2016, 02:44 PM

Quote:

Originally Posted by Snapolit1

I'm not so sure that doesn't get lost many times in the heat of the moment. I'll confess I've lost track of it on occasion.

Bidding is a competition. Sometimes you just dig in and decide you're not going to lose. I've seen people overpay dramatically for houses simply because they were tired of losing and decided this time they sure as hell were going to win.

People overpaying is a completely different issue than the premium. Been there done that and will again I am sure. But I have no idea how anyone who bids regularly in auctions can forget about the premium, but whatever.

Snapolit1 · #22 05-01-2016, 02:44 PM

I think there is a good reason why certain AH's don't show you what the bid looks like with premium until the invoice arrives.

Sean · #23 05-01-2016, 05:11 PM

Quote:

Originally Posted by Peter_Spaeth

For any item I would care about, I am guessing virtually every bidder understands a premium is going to be added at the end, and bids accordingly.

Four of my five biggest cards I won in these type of auctions. And I always knew how much I was bidding.

Sean · #24 05-01-2016, 05:13 PM

Does anyone know who got the T206 M. Brown/ BL 460? I really wanted it, but at $24,000 I couldn't compete.

Maybe David Hall? Just curious.