Anyone follow the Hunt auction today?

[toppcat]

Some sets seem almost in line, others are just nuts. WTF?

[sflayank]

I would like to know what people's theories are on this set selling for 11k + the bp
In order for it to get there, there also has to be at least 1 underbidder at 10k
Based on the description of cards including the trimmed cards, which included the jackson rookie and no white letters
You could purchase this set at the national from 20 different dealers for 2000 and under with no problem
In fact his estimate was 1000-2000
What do you guys attribute this price to?
I'll post my theory later

[hcv123]

The set is but a single example of cards (many of them common available cards) selling for 20%-100% higher than recent sales. I have no theory - I am just dumbfounded.

[puckpaul]

Only explanation is new collectors/investors entering the market who are panic buying what they like because prices are exploding on many cards, and there is just too much money around.

[cardsagain74]

The '67 set went for 4500, which actually seems a bit low in the current market (given how nice it seemed).

Something has to be up with that 11 k '69 price.

[Exhibitman]

Is it possible that Hunt has a cadre of bidders who simply don't follow the market?

[sflayank]

What does everyone think of this theory
Auction houses in general set aside a number of lots
That don't really sell at these outrageous prices in order to advertise those prices, in order to get more consignments