PWCC Auction Ending Tonight - Interesting Results

[pcoz]

Ryan, you could be on to something with PWCC, but I don’t think the time of the year helps either. After the National, a bunch of big auction houses have had their auctions finish up recently, and thousands of lots have just wiped out many bank accounts. Every year this Aug-Sept period appears a bit soft to me.


Sent from my iPhone using Tapatalk

[Peter_Spaeth]

Maybe people will stop consigning. It would be well deserved.

[Aquarian Sports Cards]

Maybe counsel has advised them that shill bidding during an investigation is a bad look...

[Ronnie73]

Originally Posted by Aquarian Sports Cards

Maybe counsel has advised them that shill bidding during an investigation is a bad look...

That's what I was thinking. There was no where near the same amount of last second bidding like there usually is.

[LincolnVT]

I guess, I would agree with Ryan that the prices seemed low last night. I also think that Petes comment about the timing of the auction / people being tapped out has merit. As for the PSA 9 E98 Cobb, I think that card would have reached 35k plus in other auctions as they have been bringing nearly 40 in other major auctions recently. People consigning items should go where they can get the best price for their item. 1 + 1 still equals 2, right?

[ullmandds]

Originally Posted by LincolnVT

I guess, I would agree with Ryan that the prices seemed low last night. I also think that Petes comment about the timing of the auction / people being tapped out has merit. As for the PSA 9 E98 Cobb, I think that card would have reached 35k plus in other auctions as they have been bringing nearly 40 in other major auctions recently. People consigning items should go where they can get the best price for their item. 1 + 1 still equals 2, right?

perhaps your opinion on the cobb is biased?

[iowadoc77]

Originally Posted by ullmandds

perhaps your opinion on the cobb is biased?

My thoughts exactly. Always different when one has skin in the game

[BigBeerGut]

Do not forget the FOOTBALL factor September is a bad month to sell Baseball.

[calvindog]

Originally Posted by LincolnVT

I guess, I would agree with Ryan that the prices seemed low last night. I also think that Petes comment about the timing of the auction / people being tapped out has merit. As for the PSA 9 E98 Cobb, I think that card would have reached 35k plus in other auctions as they have been bringing nearly 40 in other major auctions recently. People consigning items should go where they can get the best price for their item. 1 + 1 still equals 2, right?

I think the E98 Cobb didn’t receive a higher bid is because most collectors are concerned that tomorrow another 100 pristine Cobbs could show up — which brings all sorts of questions including relating to authenticity of these high grade E98s. And why spend 30K on a card like that when you can spend it on a rare Cobb which will stay rare? I’ve got an extensive Cobb collection and for these reasons I’d never buy a high grade E98 Cobb.

[LincolnVT]

I respect your opinion and your Cobb collection, but I'm pretty sure we won't be seeing another batch of high end E98 cards. And yes, I am a bit biased on the E98 Cobb. Also VERY happily to have one and I'm not alone. I think the next time that a 9 is offered in a non-PWCC auction it is close to 40. Beautiful cards IMO.

[Leon]

Definitely not true.
Actually, except for conspiracy theorists there is no authenticity question on the Black Swamp cards. The rest of the stuff I agree with and have almost always gone for rarity over condition.
I have held off bidding on some cards due to the scandal. I can't imagine collecting high grade stuff after what has been shown. But many, if not most collectors, have stuck their head in the sand or don't care if they have high grade altered cards in their collections. Personally it would bug me.

There could be several factors as to why PWCC isn't getting the prices right now. We all know what they are.

Originally Posted by calvindog

I think the E98 Cobb didn’t receive a higher bid is because most collectors are concerned that tomorrow another 100 pristine Cobbs could show up — which brings all sorts of questions including relating to authenticity of these high grade E98s. And why spend 30K on a card like that when you can spend it on a rare Cobb which will stay rare? I’ve got an extensive Cobb collection and for these reasons I’d never buy a high grade E98 Cobb.

[LincolnVT]

Are you suggesting that the PSA 9 E98 that sold last night in PWCC might not be authentic? If so, I disagree. Back to Pete's point, there were two other major auctions taking place when I picked up my 9.5, so potential bidders could have been tapped out or committed to other cards. Either way, I'm happy with my card and would likely have paid more for it if I had to. If you look around, I think that you will find that the high grade Ty Cobb E98s have sold recently in the $37,500 range...you can disagree with me, but my opinion is that they will continue to be sought after by collectors in the right auctions.

Originally Posted by calvindog

I think the E98 Cobb didn’t receive a higher bid is because most collectors are concerned that tomorrow another 100 pristine Cobbs could show up — which brings all sorts of questions including relating to authenticity of these high grade E98s. And why spend 30K on a card like that when you can spend it on a rare Cobb which will stay rare? I’ve got an extensive Cobb collection and for these reasons I’d never buy a high grade E98 Cobb.

[drcy]

Originally Posted by Aquarian Sports Cards

Maybe counsel has advised them that shill bidding during an investigation is a bad look...

Maybe the shillers are not consigning.