Auction exhaustion

[T206Collector]

The fact that so many cards changed hands at real money over the past several weeks is a good sign for the health of our hobby. Demand sure does seem to be meeting the supply thus far.

[Snapolit1]

Interestingly, I can't identify a single card that has broken out and ran the last 6 months. Yes, expensive cards have stayed expensive, and most good cards have held their value or gone up a tad, but I can't think of a card that has come out of the shadows and exploded.

[calvindog]

Originally Posted by Snapolit1

Interestingly, I can't identify a single card that has broken out and ran the last 6 months. Yes, expensive cards have stayed expensive, and most good cards have held their value or gone up a tad, but I can't think of a card that has come out of the shadows and exploded.

Keep your eye on the M110 and Max Stein Cobbs in Heritage. I'm fairly certain they'll be getting run up next month. Woops, I mean they'll be running up.

[mechanicalman]

Originally Posted by calvindog

Keep your eye on the M110 and Max Stein Cobbs in Heritage. I'm fairly certain they'll be getting run up next month. Woops, I mean they'll be running up.

Ha! Sky's the limit as long as you set the hidden reserve high enough!

[Peter_Spaeth]

One of the problems, generally, relying on realized prices is that rarely if ever does the AH tell you when a "sale" doesn't actually close.

[calvindog]

Originally Posted by Peter_Spaeth

One of the problems, generally, relying on realized prices is that rarely if ever does the AH tell you when a "sale" doesn't actually close.

Or when a sale "closes" but is actually won by the consignor.

[calvindog]

Who then promptly relists the cards on a different auction site, hoping that the fake sales numbers from the prior auctions induce people to bid to similar levels.

[Robert_Lifson]

Originally Posted by calvindog

Or when a sale "closes" but is actually won by the consignor.

Here's a rare exception:

http://www.robertedwardauctions.com/...dinary-rarity/

"....This is an extremely significant Jackie Robinson display piece dating from his historic first year in the Major Leagues. It is also the ONLY example we have ever seen in forty years! This pennant was sold at REA in 2004 (Lot 65, at that time selling for $1,725) and has been consigned to this auction from the original consignor..."

I am not sure if anyone who read the REA description at the time caught this reference (or if they did, perhaps they thought it was just an error). It was not an error. I was so annoyed at the discovery I could not help throwing this line in on at least one lot. There were other lots I could have done the same with (and many other bidding and consigning "issues") involving the same "bidder" who "won" this lot the first time it went up for auction. I have to leave it at that for now, but I thought some might find this unusual description interesting and amusing.

[joshuanip]

Originally Posted by Peter_Spaeth

One of the problems, generally, relying on realized prices is that rarely if ever does the AH tell you when a "sale" doesn't actually close.

Interesting comment. I thought the same of a 1932 US Caramel Foxx I just won at mile high.

http://milehighcardco.com/mobile/Lot...entoryid=54773

Thing is, it is the exact same card that Mile High sold in June 2017 per below.

http://www.milehighcardco.com/mobile...xx_sgc_84_nm_7

How coincidental that the same card sold at the same auction house just 7 months from each other? Seems odd and curious if the sale fell through in 2017?

[Peter_Spaeth]

There was a time when I would see with some regularity lots from a particular auction appear very shortly thereafter for sale by a particular ebay seller, at prices lower than the supposed auction sale price.

[Yoda]

Originally Posted by joshuanip

Interesting comment. I thought the same of a 1932 US Caramel Foxx I just won at mile high.

http://milehighcardco.com/mobile/Lot...entoryid=54773

Thing is, it is the exact same card that Mile High sold in June 2017 per below.

http://www.milehighcardco.com/mobile...xx_sgc_84_nm_7

How coincidental that the same card sold at the same auction house just 7 months from each other? Seems odd and curious if the sale fell through in 2017?

Definitely the same card, for sure, but the earlier Foxx is color enhanced, by lighting I suppose, while the latest is a much more subdued. An attempt by the AH to confuse bidders into thinking these are two different Double XX's? Perhaps.

[bensie]

Originally Posted by joshuanip

Interesting comment. I thought the same of a 1932 US Caramel Foxx I just won at mile high.

http://milehighcardco.com/mobile/Lot...entoryid=54773

Thing is, it is the exact same card that Mile High sold in June 2017 per below.

http://www.milehighcardco.com/mobile...xx_sgc_84_nm_7

How coincidental that the same card sold at the same auction house just 7 months from each other? Seems odd and curious if the sale fell through in 2017?

Some auction houses will waive the consignment fee on a card they sold to you if you choose to resell it in the future.

[joshuanip]

Originally Posted by joshuanip

Interesting comment. I thought the same of a 1932 US Caramel Foxx I just won at mile high.

http://milehighcardco.com/mobile/Lot...entoryid=54773

Thing is, it is the exact same card that Mile High sold in June 2017 per below.

http://www.milehighcardco.com/mobile...xx_sgc_84_nm_7

How coincidental that the same card sold at the same auction house just 7 months from each other? Seems odd and curious if the sale fell through in 2017?

Just got some back history from Mile High on this card. It was part of the Brian Goldman collection when he sold his entire collection. So the previous transaction was an actual sale.

Thank you Mile High for coming back with me for this unsolicited information. Very stand-up of you guys for reaching out to me!