Anyone follow the Hunt auction today?

[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

[hcv123]

Originally Posted by 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

I would think particularly for the big houses that the risk of getting found doing that outweighs the benefit. There also seem to be plenty of legit sales that are "bragging" fodder for the bugger houses.

[cannonballsun]

Originally Posted by hcv123

I would think particularly for the big houses that the risk of getting found doing that outweighs the benefit. There also seem to be plenty of legit sales that are "bragging" fodder for the bugger houses.

That didn't seem to stop Mastro, and they were maybe the biggest at the time. So it's possible.

[Gorditadogg]

Originally Posted by hcv123

There also seem to be plenty of legit sales that are "bragging" fodder for the bugger houses.

"Bugger houses"

Love it!