Black Swamp Find E98 set break

[Leon]

Originally Posted by rats60

How much of this is because of who auctioned it off and how little it was promoted. Heritage made a big deal when they sold these cards. Do you think they would have brought more eyes to the resale? What about REA? Their auctions seem to always bring big bucks. Several people must have been bidding to get the Wagner up to 300k. Where are the underbidders or new investment blood? Did they even know the card was up for sale again?

I don't think the current sale was advertised well at all. If I were the consignor to that auction house I might have a conversation with them about where they market and advertise . That said, it is always the higher the value the greater chance of a big loss. When Heritage auctioned it, it was in all of the National headlines and very well advertised on this forum. (I am biased)

[rats60]

Originally Posted by Leon

I don't think the current sale was advertised well at all. If I were the consignor to that auction house I might have a conversation with them about where they market and advertise . That said, it is always the higher the value the greater chance of a big loss. When Heritage auctioned it, it was in all of the National headlines and very well advertised on this forum. (I am biased)

Not biased, but I don't understand why auction houses don't take advantage of the large customer base here. If something is advertised here, I am at least going to look through the auction to see if there is anything that I am interested in. The more eyes on an auction, the potential for more bids and higher ending prices.

[Leon]

Originally Posted by rats60

Not biased, but I don't understand why auction houses don't take advantage of the large customer base here. If something is advertised here, I am at least going to look through the auction to see if there is anything that I am interested in. The more eyes on an auction, the potential for more bids and higher ending prices.

The auction houses that don't advertise here usually have some baggage they don't like being discussed on this forum. And they know they get very little protection from it (as they shouldn't). Therefore their consignors suffer. I hope our members will continue to use our advertisers for their consignments and buying. There might be a new Net54baseball consignment service coming too. Who doesn't want their consignments to reach the largest audiences they can AND get the best rates too? That said I would also like to welcome Steiner Sports as our newest advertiser. Ya'll will be seeing more from them soon....

[MikeGarcia]

..".There might be a new Net54baseball consignment service coming too. Who doesn't want their consignments to reach the largest audiences they can AND get the best rates too?"


....I see a lot of beverages being sprayed out onto a lot of keyboards and monitors , if my reaction is typical....

..this is awesome to contemplate...thanks for even thinking in that direction...

..

[T206Collector]

I'm a little confused by the "Black Swamp Find" and this latest auction highlights my concern.

The original poster said "I feel bad to the owner who owned the nicest E98 set from Black Swamp Find losing $200k+ in 5 yrs." But, there were a number of E98s sold in this Memory Lane auction that were not previously sold (at least not publicly) through Heritage Auctions. There are a few examples, but here is the E98 Green Davis PSA 7:

https://memorylaneinc.com/site/bids/...e?itemid=44260

The PSA Serial Number 19872196 appropriately places this Davis within the Davis E98 Swamp population based on the sales of that card through Heritage, but you will notice that it never appears in their prior listings:

https://www.ha.com/c/search-results....rch-A-K-071316

I also do not think it came from a previously sold SGC version (but, I could be proven wrong on this, I suppose, if someone has contrary evidence).

In short, it does look like to me that a number of these E98 Swamp cards had not previously been sold to the public. But not only do I not think this was necessarily the "nicest E98 set" -- which was sold here and may very well still be together somewhere....

The Near Set that Heritage Sold as a Group:
https://sports.ha.com/itm/baseball/1...ription-071515

The Color Variations that Heritage Sold as a Group:
https://sports.ha.com/itm/baseball/1...ription-071515

...but we don't really know how the consignor to Memory Lane did based on a prior sale of many of the cards.

Still, I don't really take issue with the notion of the prices going down so hard lately. I am more interested in whether there is some funny business going on in terms of additional "new" E98 Swamp cards being "leaked" into the public in different ways in an attempt to address the concerns raised about maximizing sale prices -- e.g., by not going only through Heritage and in this case going through Memory Lane.

Any thoughts?

[Leon]

Originally Posted by T206Collector

I'm a little confused by the "Black Swamp Find" and this latest auction highlights my concern.

The original poster said "I feel bad to the owner who owned the nicest E98 set from Black Swamp Find losing $200k+ in 5 yrs." But, there were a number of E98s sold in this Memory Lane auction that were not previously sold (at least not publicly) through Heritage Auctions. There are a few examples, but here is the E98 Green Davis PSA 7:

https://memorylaneinc.com/site/bids/...e?itemid=44260

The PSA Serial Number 19872196 appropriately places this Davis within the Davis E98 Swamp population based on the sales of that card through Heritage, but you will notice that it never appears in their prior listings:

https://www.ha.com/c/search-results....rch-A-K-071316

I also do not think it came from a previously sold SGC version (but, I could be proven wrong on this, I suppose, if someone has contrary evidence).

In short, it does look like to me that a number of these E98 Swamp cards had not previously been sold to the public. But not only do I not think this was necessarily the "nicest E98 set" -- which was sold here and may very well still be together somewhere....

The Near Set that Heritage Sold as a Group:
https://sports.ha.com/itm/baseball/1...ription-071515

The Color Variations that Heritage Sold as a Group:
https://sports.ha.com/itm/baseball/1...ription-071515

...but we don't really know how the consignor to Memory Lane did based on a prior sale of many of the cards.

Still, I don't really take issue with the notion of the prices going down so hard lately. I am more interested in whether there is some funny business going on in terms of additional "new" E98 Swamp cards being "leaked" into the public in different ways in an attempt to address the concerns raised about maximizing sale prices -- e.g., by not going only through Heritage and in this case going through Memory Lane.

Any thoughts?

I would be shocked if the M L ones were new to the hobby. I am willing to bet they are retreads.

[T206Collector]

Originally Posted by Leon

I would be shocked if the M L ones were new to the hobby. I am willing to bet they are retreads.

Maybe I'm getting mixed up by some combination of the PSA pop report, the consecutive serial numbers, a few that were graded by SGC (either first run, or retread), and other re-grades or re-submissions.

PSA has 17 Green Davis BSF in their pop reports. 15 of those can be attributed to the following serial numbers from Heritage Auction history:

2179
[GAP]
2181
[GAP]
2183
2184
2185
[GAP]
2187
2188
2189
2190
2191
2192
2193
2194
2195
[GAP] --> Memory Lane 2196
2199 --> this largest serial number (and apparently last in the grouping) was part of this auction from 2012 -- when the Find started going live on Heritage:

https://sports.ha.com/itm/baseball/1...ription-071515


Basically, there are a few gaps here -- and one of the gaps just showed up in Memory Lane. Maybe it's a cross-over or re-holder, but does PSA leave gaps in its serial numbers for just such an occasion? Seems unlikely to me.