Mile High Card Co, Auction Closing Today T206 Wagner, Plank, Cobb Back, 1916 Ruth ..

[Scott L.]

The T206 set auction is interesting. They are auctioning both as a set as well as individually and whatever sells for more (set vs. combined total of all individual lots) wins. Current gap is 21k in favor of the complete set. Doubt I will have a chance on any of the T206's I bid on.

Maybe this is more common than I am aware but this is the first time I am seeing it run this way.

[trambo]

Originally Posted by Scott L.

The T206 set auction is interesting. They are auctioning both as a set as well as individually and whatever sells for more (set vs. combined total of all individual lots) wins. Current gap is 21k in favor of the complete set. Doubt I will have a chance on any of the T206's I bid on.

Maybe this is more common than I am aware but this is the first time I am seeing it run this way.

I saw this on another auction about a year ago and thought it was a smart way to do it for the owner of the cards as it would maximize the return to them. I think this one will be interesting to see how it goes. The guess is the individual cards take the day but will a collector or dealer pay a premium for the entire 520 set? The $21k gap was $32k this morning so should be fun to see how it ends.

Good luck everyone!!

[Bkrum]

I’ve been to land auctions that were run like this but hadn’t seen it done for card sets Lot of people laying in the weeds on the individual cards right now it appears. Will be fun to watch

[x2drich2000]

Mile high (or maybe memorylane) has been doing this for a while now with the graded and premium sets. I've also seen it from other ah as well in the past few months.

[rats60]

The Wagner is already at 1.3 million, but the Cobb/Cobb is only at 650k. The seller of the Wagner is close to break even, but the seller of the Cobb is way behind right now. There was a lot of speculation on these two before the auction. It looks like the t206 Wagner is still king of the hobby.

[T206.org]

The grade on that Wagner is generous.

[Rhotchkiss]

Originally Posted by rats60

The Wagner is already at 1.3 million, but the Cobb/Cobb is only at 650k. The seller of the Wagner is close to break even, but the seller of the Cobb is way behind right now. There was a lot of speculation on these two before the auction. It looks like the t206 Wagner is still king of the hobby.

Now it’s at $892k before BP, so $1.07mm all in. I think we established an over-under a while back, and I am pretty sure the card has gone over.

This really is a great auction. Congrats to Mile High.

[1952boyntoncollector]

Originally Posted by Rhotchkiss

Now it’s at $892k before BP, so $1.07mm all in. I think we established an over-under a while back, and I am pretty sure the card has gone over.

This really is a great auction. Congrats to Mile High.

Looks like the hobby is still in general and even better for the big cards

[rats60]

Originally Posted by Rhotchkiss

Now it’s at $892k before BP, so $1.07mm all in. I think we established an over-under a while back, and I am pretty sure the card has gone over.

This really is a great auction. Congrats to Mile High.

Was that an actual bid on the Cobb or a reserve? It looks like the Cobb didn't sell. The Wagner owner made a little. That card sold for 777k less than 3 years ago to 1.354 million now.