Analysis of PWCC Vintage Auction 10/13/19

[japhi]

IMO the best way to track PWCC’s influence would be total sales volume by auction / quarter year and track MOM, YOY, etc. Adjust for the new tax impact and you’d have a decent proxy for the wider market.

[Aquarian Sports Cards]

The question is when do they came up for sale with PWCC yet again.

[Stampsfan]

Originally Posted by Aquarian Sports Cards

The question is when do they came up for sale with PWCC yet again.

Maybe quite quickly if it’s the same buyer protecting his interests.

[investinrookies]

What’s the overall opinion on a card like the psa 8 walsh? Not a big name like some of the others and recently sold last year would you expect a decline in this particular instant or did the winning bidder really get a good price for this card ?

[Peter_Spaeth]

Originally Posted by investinrookies

What’s the overall opinion on a card like the psa 8 walsh? Not a big name like some of the others and recently sold last year would you expect a decline in this particular instant or did the winning bidder really get a good price for this card ?

Are you that winning bidder?

[pokerplyr80]

Of course the only one from this list to go up was the only one I bid on. Had it stayed 5 or 10% under its previous sale I would picked it up.

[Jersey City Giants]

I will take the other side here as other than the Waddell Portrait the prices were fine (but I do agree with the sample size comment above). Being from NJ on average I have been paying ~8.8% above my final price (including shipping). Hence if we apply that to the lots you listed several (listed below) are over or at what they sold for recently.


T206 Lajoie Portrait, PSA 5
PWCC - 10/13/19: $2,376
PWCC - 11/7/18: $2,606 (8.82% reduction)

E93 Cobb, PSA 3
PWCC - 10/13/19: $3,739
PWCC - 10/14/18: $3,518 (6.28% increase)

E120 Ruth, PSA 5
PWCC - 10/13/19: $14,336
PWCC - 2/5/18: $14,771 (2.95% reduction)

Meanwhile some of the others are barely down (less than 6%) which is where I would expect them to be from a card that was recently sold.

PWCC & PWCC Sales

T206 Mathewson White Cap, PSA 5
PWCC - 10/13/19: $1,934.99
PWCC - 8/11/19: $2,228.00 (13.15% reduction)

T206 Cobb Green Portrait, SGC 4
PWCC - 10/13/19: $11,356
PWCC - 1/13/19: $13,099 (13.3% reduction)

T206 Walsh Portrait, PSA 8
PWCC - 10/13/19: $8,300
Heritage - 9/20/18: $9,600 (13.54% reduction)

E105 Young, PSA 5
PWCC - 10/13/19: $2,827
Ebay BIN - 3/22/18: $3,250 (13% reduction)

[autograf]

What if the first sale at 5-15% more was shill bid well above where it should have been to set a floor and then the second sale at that slightly lower level was a real buyer who now got a 'bargain'......