March REA Auction

[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?

[Exhibitman]

Where these no-catalog monthlies show promise: It is a really useful way to tap into the consignors who may have a dozen $50-$100 cards that they want to sell but not at the price of giving a dealer a wholesale lot. It is a huge win for the bidders and smaller consignors. The ones who are screwed are the guys who basically live on busting up AH mass lots of slabbed cards.

[Aquarian Sports Cards]

Originally Posted by Exhibitman

Where these no-catalog monthlies show promise: It is a really useful way to tap into the consignors who may have a dozen $50-$100 cards that they want to sell but not at the price of giving a dealer a wholesale lot. It is a huge win for the bidders and smaller consignors. The ones who are screwed are the guys who basically live on busting up AH mass lots of slabbed cards.

It's also a loss for the auction houses that were already using this very model...

[Snapolit1]

Wonder if more frequent auctions of lower quality material doesn’t have the net effect of diluting an AH’s reputation, but I’m sure this is something company’s have considered.

[Aquarian Sports Cards]

I imagine their marquee auctions will remain impressive, but I'm sure they were turning down lots of good material with only three auctions a year so these "lesser" sales are a viable solution. Isn't heritage doing a monthly now as well? Thought saw that somewhere.

[Jcosta19]

Originally Posted by Aquarian Sports Cards

I imagine their marquee auctions will remain impressive, but I'm sure they were turning down lots of good material with only three auctions a year so these "lesser" sales are a viable solution. Isn't heritage doing a monthly now as well? Thought saw that somewhere.

Yes its ending tonight

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[sb1]

Heritage has started a series of "Showcase" auctions to fit in between the catalog auctions and the lesser value Sunday night auctions.

The March auction ends tonight, not as large as the catalog auctions but many high value items.

[Bobbycee]

Anyone see the PSA 4 Cobb Bat Off in REA's latest? How does PSA give that card a gift 4 with a big crease running through the middle of the card. Must have been graded during PSA's "Happy Hour". Nothing like consistency...

[notfast]

Originally Posted by 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?

Goldin has some 5-6’s available. Not my favorite AH though.