March REA Auction

[ullmandds]

im confused? Is this REA's spring auction? OR is there another in april?

[Bicem]

Encore auction, the big one is next month.

[68Hawk]

Originally Posted by Bicem

Encore auction, the big one is next month.

Yup, word usage has become very strange in this country.
An Encore comes after the main act, a secondary small offering to gain further praise from the audience.

Then again, this is the land of lucking out being good fortune instead of lucking in....so, there's that.

[ullmandds]

Originally Posted by Bicem

Encore auction, the big one is next month.

thx jeff.

[Oscar_Stanage]

I am really curious to see how the market handles this influx of supply. I have participated in all of the big auctions in the last 6 months or so, but I have not seen the amount supply coming online now. this is my first year witnessing the spring auction surge, and it is pretty amazing to see all the great cards available.

I know everyone jokes about a bubble, but some of the things I have seen most recently tell me we might be topping out, at least on some of the key cards I collect. I am not a believer in a crash or anything like that, but i see a lot cards moving up on razor thin demand. Ive been the #2 in a field of 2 a few times, which gives a good view of the inside market. In any market that can be a toppy sign.

[Casey2296]

Originally Posted by Wid_Conroy

I am really curious to see how the market handles this influx of supply. I have participated in all of the big auctions in the last 6 months or so, but I have not seen the amount supply coming online now. this is my first year witnessing the spring auction surge, and it is pretty amazing to see all the great cards available.

I know everyone jokes about a bubble, but some of the things I have seen most recently tell me we might be topping out, at least on some of the key cards I collect. I am not a believer in a crash or anything like that, but i see a lot cards moving up on razor thin demand. Ive been the #2 in a field of 2 a few times, which gives a good view of the inside market. In any market that can be a toppy sign.

Good observation. Sell into strength, as prices move up you will see a lot of older collections being released to the market to meet demand, once that demand is met prices will settle back a bit. A good time to re-calibrate your collection.

[Oscar_Stanage]

Originally Posted by Casey2296

Good observation. Sell into strength, as prices move up you will see a lot of older collections being released to the market to meet demand, once that demand is met prices will settle back a bit. A good time to re-calibrate your collection.

makes sense... but I am definitely a buyer, not a seller. just looking to break the cycle of every sale being 20% higher than the next, when there was literally ONE buyer paying that last price. a lot of smoke, a lot of mirrors in this high priced air.

[keithsky]

I just looked to see if there was any autographed cards and they have a Harold Baines autographed Hall of fame plaque card. Seriously that's one of autographed consignment they got in. It's at a whopping 10.00 right now.

[Touch'EmAll]

Gee, I haven't been scrutinizing all the recent auctions, but have been taking a quick glance looking for certain cards. Been sort of looking for mid-grade T206 Major HOFers (PSA 5, 6 Cobb, Matty, Johnson & Young) - been darn slim pick'ins - almost none I can see. A lot of lower grade stuff - plenty of 1-4 grades, but seems the better stuff isn't hitting the market. People appear to be keeping their stash, not letting go yet.

So, tough to get a good handle on current prices. Don't really know as of yet what the current market is for these T206 mid grade HOFers. Bottom line, can't justify any moves until get better feel for prices.

Have you seen recent sales of these cards? How are they doing?