Why Am I "Addicted" (to Tracking Bids on My Consignments)?

[riggs336]

Good story. What did the McCormick go for?

[marzoumanian]

Thank you for your kind words. Excellent question. The McCormick (white letters in a PSA 7) went for $675 BEFORE buyer's premium. Here's a neat footnote for you. Believe it or not, a year ago I had REA auction off ANOTHER McCormick/white letter for me BUT it was in a PSA 8. If you go to my website (www.markearzoumanian.com) and read my blog entitled "Auction House Integrity Shines" from last March I guarantee you you will be blown away by the story AND the price that PSA 8 went for.
Peace and stay healthy in 2021.

[ALBB]

entertaining story...Id guess most guys would want to stay on top of the stuff they put up, would be kind of like watching a stock you own ..keep going up

Im guessing there can be some temptation to " shill bid".. dont know how " easy or hard " that would be in a major auction ? Ive seen some big auction catalogs..and the first 20 pages are RULES ! LOL

..Im thinking all you gotta do is tell a buddy to bid...how would they be able to tell ??

[marzoumanian]

It all comes down to your personal ethics, doesn't it? The way you were raised, your sense of right and wrong. As I hope I made clear in the piece, for me it really wasn't about THE MONEY. I've long been set for life simply because I started saving in my 20s and never married. Perhaps you could think of it as points you get playing a video game, if that makes sense. Except you're not playing it. I'm happy with my "point total" for my 1970 Topps baseball set!
Peace.

[perezfan]

Originally Posted by ALBB

entertaining story...Id guess most guys would want to stay on top of the stuff they put up, would be kind of like watching a stock you own ..keep going up

Im guessing there can be some temptation to " shill bid".. dont know how " easy or hard " that would be in a major auction ? Ive seen some big auction catalogs..and the first 20 pages are RULES ! LOL

..Im thinking all you gotta do is tell a buddy to bid...how would they be able to tell ??

They can't tell... unless there's some kind of careless tip-off, or perhaps if the same faux bidder continually bids, but only on a single consignor's multiple lots.