Babe Ruth Koester’s Bread Heritage Auction

[griffon512]

Originally Posted by pokerplyr80

I was thinking it would stay closer to 20k after the 7.5 went for 30k and put in an early bid with a plan to go for it last night. Obviously I underestimated the change in the market over the last couple of weeks. Maybe the centering had something to do with it.

I don't know that there's been any change in the market in the last two weeks. The 6 has much better eye appeal than the 7.5. My takeaway from this and other cards in that auction was that the premium paid for eye appeal keeps on increasing.

[Rhotchkiss]

Originally Posted by griffon512

I don't know that there's been any change in the market in the last two weeks. The 6 has much better eye appeal than the 7.5. My takeaway from this and other cards in that auction was that the premium paid for eye appeal keeps on increasing.

The 7.5 has a slight diamond cut, the picture is crooked, and everyone knew the 6 was coming up on its heels (since heritage posts previews well in advance). This last fact is impactful in that people are less likely to max bid on a rare card when they know they have a second bite at (a nicer) apple in a few weeks.

[griffon512]

Originally Posted by Rhotchkiss

The 7.5 has a slight diamond cut, the picture is crooked, and everyone knew the 6 was coming up on its heels (since heritage posts previews well in advance. This last fact is impactful in that people are less likely to max bid on a rare card when they know they have a second bite at (a nicer) apple in a few weeks.

good point

[1880nonsports]

As one can bid on one's own consigned item (or one owned by the auction house or representative/employee) in a Heritage auction - maybe one card was shilled more than the other. Also the idea of a swing within a two week period due to market forces doesn't make much sense to me - not that kind of commodity...... Then again, I'm not inclined to bid in that rare air so maybe I'm just jealous.

[Baseball Rarities]

Originally Posted by Rhotchkiss

The 7.5 has a slight diamond cut, the picture is crooked, and everyone knew the 6 was coming up on its heels (since heritage posts previews well in advance). This last fact is impactful in that people are less likely to max bid on a rare card when they know they have a second bite at (a nicer) apple in a few weeks.

I agree with Ryan. I just looked at the two cards more carefully and the 6 was much better centered and definitely had a better "look" to it despite their technical grades.

[glchen]

My opinion is that the person who won the 7.5 Koesters got a steal. When I saw the closing price, I was shocked because a 1921 E121 in a 3 grade usually goes for nearly 20K. I have a feeling that everyone was saving their money for the partnerone Heritage auction that came 10 days later, and when folks got kicked off the items they wanted, the moved to the SGC 6 Koesters. That's what happened to me. I basically ignored the previous Heritage auction since I was trying to win a few cards in the Partnerone auction, especially the Wm Paterson Ruth, but got crushed and came away with nothing. If I knew that was going to happen, I would have tried to win something in the previous Heritage auction.

[pokerplyr80]

I thought some might have just missed the first one. I understand paying for eye appeal, as those are the cards I go for, but you typically don't see a 6 out sell a 7.5 by 50%. Someone got a great looking card though.

[LincolnVT]

My guess is that the same person bought both. Protecting and enhancing his or her initial investment on the 7.5.

Originally Posted by glchen

My opinion is that the person who won the 7.5 Koesters got a steal. When I saw the closing price, I was shocked because a 1921 E121 in a 3 grade usually goes for nearly 20K. I have a feeling that everyone was saving their money for the partnerone Heritage auction that came 10 days later, and when folks got kicked off the items they wanted, the moved to the SGC 6 Koesters. That's what happened to me. I basically ignored the previous Heritage auction since I was trying to win a few cards in the Partnerone auction, especially the Wm Paterson Ruth, but got crushed and came away with nothing. If I knew that was going to happen, I would have tried to win something in the previous Heritage auction.

I'd be somewhat surprised if you could find an E121 Ruth in a 3 for under $20k these days. A SGC 2, albeit a solid one, just eclipsed $18k

[Leon]

Centering could play a part in it. I paid 2x what a T205 Cobb sold for, with worse centering, in the most recent HA auction in a 6 holder. And I couldn't be happier....