Restored Honus Wagner at SCP Auctions

[chadeast]

Originally Posted by Rhotchkiss

3 Days left and the Wagner still sits at $1mm with buyer's premium, which is where the card sat after the first day (has not moved since it opened) and is a mere half of the estimate. It ain't over until the until its over, but its starting to look like this Wagner will be a flop.

As a Wagner owner, I would love to see this restored "A" get over $2mm. As a realist, however, I think it tops $1.3mm max.

The ugly PSA 7 Goudey Ruth has also had zero bids in that time. And I'm not surprised in the least.

[mrreality68]

Regarding the Wagner it may not sell for a lot more.
But with 11 bids in it only needs 2 people to get into a bidding war and the price jumps fast. But I am unsure which way it goes. I am thinking $1.5 million

Regarding the Ruth 7 I agree it is ugly for a 7. And it has not moved much but at its current price new money coming into the bidding may look more at the Grade then at the eye appeal.

[chadeast]

Originally Posted by mrreality68

Regarding the Wagner it may not sell for a lot more.
But with 11 bids in it only needs 2 people to get into a bidding war and the price jumps fast. But I am unsure which way it goes. I am thinking $1.5 million

Regarding the Ruth 7 I agree it is ugly for a 7. And it has not moved much but at its current price new money coming into the bidding may look more at the Grade then at the eye appeal.

It's ugly for a 1. I think the seller has already done well, even if there are no more bids. This must be a Registry thing, as hard as it is for me to wrap my mind around that. I could buy half a dozen Ruth #144s today that look a lot better than this card for under $30k each. There are plenty out there. I’ll never understand, but I’m ok with that.

[MattyC]

The lot I was in a "bidding war" on also has mysteriously received zero action since I stopped bidding. Seems like the house has had a good portion of the activity here.

[Lorewalker]

Originally Posted by MattyC

The lot I was in a "bidding war" on also has mysteriously received zero action since I stopped bidding. Seems like the house has had a good portion of the activity here.

YIKES

[steve B]

That's how it works bidding against a reserve.

In live auctions I've been to they do occasionally have reserves. And if the bidding stalls close to the reserve they reveal it so someone can bit the reserve amount.