Rea is in action

[Republicaninmass]

Originally Posted by Peter_Spaeth

I wonder to what extent auctions like REA cannibalize their own prices realized by having, in some cases, so many copies of the same card including in the same grade?

Either flippers trying to maximize on cards.


Long time collectors trying to get out.

Nobody passed away or ran off of funds and needs to sell 3 of the same card at once.


At some point, the market will be/is saturated. I've never seen anything quite like 4 or 5 52 May's in a major auction house.


Also, lelands, the first 300 lots are all modern. I cant believe the demand is there in an auction house for these items

[puckpaul]

Originally Posted by Republicaninmass

Either flippers trying to maximize on cards.


Long time collectors trying to get out.

Nobody passed away or ran off of funds and needs to sell 3 of the same card at once.


At some point, the market will be/is saturated. I've never seen anything quite like 4 or 5 52 May's in a major auction house.


Also, lelands, the first 300 lots are all modern. I cant believe the demand is there in an auction house for these items

I agree. I didn't even bother looking through the auction after that.

[Johnny630]

A lot of Killer Great looking 52’s in this auction. Willie Mays PSA 8, Eddie Matthews PSA 7, Pee Wee Reese PSA 8 is killer and many more including a 52 Topps Pack PSA 7 WOWZERS.

[LincolnVT]

Could we see a future where the most desirable cards get bought up and are held by collectors / investors long enough to impact the quality of what is publically available at auction? Is this already happening to some extent? If so, could this create an environment where those that consign might be able to see increased return for high quality items? Seems like a lot of the good stuff is being held or moving privately...or even through Net54 networking.

[ullmandds]

Originally Posted by LincolnVT

Could we see a future where the most desirable cards get bought up and are held by collectors / investors long enough to impact the quality of what is publically available at auction? Is this already happening to some extent? If so, could this create an environment where those that consign might be able to see increased return for high quality items? Seems like a lot of the good stuff is being held or moving privately...or even through Net54 networking.

This has been happening for a while now. A few years ago Goudey Ruths and t206 cobbs were plentiful on ebay at reasonable prices. No more.

[mrreality68]

Originally Posted by ullmandds

This has been happening for a while now. A few years ago Goudey Ruths and t206 cobbs were plentiful on ebay at reasonable prices. No more.

Agreed

Just hope they are being bought more by collectors than flippers.

I always like hearing about and seeing other people collections and hearing about the adventure of the hunt on there sets

[1954 topps]

So REA submits over 100 cards in this auction to SGC and PSA. If cards from the same set are sent to both grading companies, how do they determine which cards go where? Why not send all cards from the same set to the same grading company? Is PSA harder on corners and SGC is harder on centering and print defects?