Memory Lane Auction

[Peter_Spaeth]

Originally Posted by rats60

It just rewards those who stay up all night. If the person who would pay the most is asleep when he is out bid, the consignor doesn't get the most for his card. I know people think bidders should put in their high bid, but shillers and auction houses like Mastro who shilled their auctions, make that unpractical.

The only way an Auction House is going to maximize for their consignors is to end the auction when everyone is awake.

If I am JP and looking at prices realized (holy shit BTW on many of them) I am probably thinking I don't need to change anything.

[trambo]

Some strong prices for sure! Went to sleep around 11pm Eastern with a winning bid. Woke up around 5:40am to see I had been outbid around 3:45am or so. Didn't think I'd have a chance to bid again after I fell asleep but was happy to place one final bid (and win).

Don't love the all night auction and understand both sides of it. I also think the 15 or 30 minute rule on a lot by lot basis should give everyone time to duke it out on lots and still have time to bid on the other items if they're outbid. I enjoyed a 10:30pm ending of a recent auction house win as a result! Not complaining about how AH's do their thing at all. You know the rules going in so as long as they're living up to those rules, all good! Just stating a preference here!!

Congrats to all who won!!

[Snapolit1]

At the super high end obviously there were some unreal prices.

I was following some pricey items (15,000-30,000) and honestly the prices realized on that level didn't seem bat shit crazy like January - February.

[Casey2296]

Originally Posted by Snapolit1

At the super high end obviously there were some unreal prices.

I was following some pricey items (15,000-30,000) and honestly the prices realized on that level didn't seem bat shit crazy like January - February.

The 14CJ Cobb 4 was well bought imo.

[Peter_Spaeth]

Originally Posted by Snapolit1

At the super high end obviously there were some unreal prices.

I was following some pricey items (15,000-30,000) and honestly the prices realized on that level didn't seem bat shit crazy like January - February.

Is this the first Gehrig rookie to top 1 million?

[Casey2296]

Originally Posted by Peter_Spaeth

Is this the first Gehrig rookie to top 1 million?

I think so, the one in Goldins went for 782K.

[Peter_Spaeth]

In 2007 JP sold a PSA 5 for 7800. Who knew.

[Casey2296]

Originally Posted by Peter_Spaeth

In 2007 JP sold a PSA 5 for 7800. Who knew.

Hotchkiss

[Snapolit1]

Originally Posted by Peter_Spaeth

Is this the first Gehrig rookie to top 1 million?

Yep.

[chriskim]

Originally Posted by Peter_Spaeth

If I am JP and looking at prices realized (holy shit BTW on many of them) I am probably thinking I don't need to change anything.

Agree! Let auction runs forever is the best format and can bring the most money to consigners. Bidders are supposed to place the max bids on something "I got to have it" items, if u just want to place "marginal" bids then u don't really want them as bad.

[chriskim]

Very happy to see the winner of 52T Mantle PSA8 is buying the card and not the holder. There were a few PSA8s (with centering issue) in recent auctions ended in much lower price.

[investinrookies]

Originally Posted by chriskim

Very happy to see the winner of 52T Mantle PSA8 is buying the card and not the holder. There were a few PSA8s (with centering issue) in recent auctions ended in much lower price.

that sale blew away the two previous realized prices in feb/march of this year for PSA 8's (reference VCP). Both of those were also nicely centered as well. This card was very similar to those, makes the previous highs of 1.3 and 1.6 mil back in feb/march of this year look like a steal. That card just always has buyers willing to pay more and dont see that ever changing.

[GasHouseGang]

Well at least today we have a lot of really tired rich people!

[Bicem]

Anyone win anything? Won the 1916 WS program. Wanted the Fatima Red Sox ad piece but no luck.