New to auction houses - REA auction, low bids?

[Rhotchkiss]

I had about 20 initial bids in, but bid on nothing last night.

I was watching 4 cards, specifically. Three went for about what I expected them to go for and one was a steal. I was watching the Willard's Chocolate Ruth, the M101-5 Thorpe, and E90-1 Speaker (hot card now, about time). They all went for about what I would have expected, perhaps a little underwhelming if anything. However, in my opinion, the 1907 Dietsche Cobb SGC 3 was a steal at $9,300.

The one card that really struck me is the T206 O'Hara Polar Bear PSA 4. It closed at $25.2k, which confirms an 8/14 sale of the same grade at the same price (REA too), and shows a major increase in value in the last 4 months since the same exact card sold in Heritage in May of 2022. O'hara PB up $10k, 67%, in 4 months? Why is that? I notice Demmitt is way up too, Do you think everyone is scrambling to get to 520 and they are getting in on these two, since they are "tougher"?

[Aquarian Sports Cards]

Originally Posted by Rhotchkiss

The one card that really struck me is the T206 O'Hara Polar Bear PSA 4. It closed at $25.2k, which confirms an 8/14 sale of the same grade at the same price (REA too), and shows a major increase in value in the last 4 months since the same exact card sold in Heritage in May of 2022. O'hara PB up $10k, 67%, in 4 months? Why is that? I notice Demmitt is way up too, Do you think everyone is scrambling to get to 520 and they are getting in on these two, since they are "tougher"?

Seems that way. Elberfeld too.

[Casey2296]

Originally Posted by Rhotchkiss

I had about 20 initial bids in, but bid on nothing last night.

I was watching 4 cards, specifically. Three went for about what I expected them to go for and one was a steal. I was watching the Willard's Chocolate Ruth, the M101-5 Thorpe, and E90-1 Speaker (hot card now, about time). They all went for about what I would have expected, perhaps a little underwhelming if anything. However, in my opinion, the 1907 Dietsche Cobb SGC 3 was a steal at $9,300.

The one card that really struck me is the T206 O'Hara Polar Bear PSA 4. It closed at $25.2k, which confirms an 8/14 sale of the same grade at the same price (REA too), and shows a major increase in value in the last 4 months since the same exact card sold in Heritage in May of 2022. O'hara PB up $10k, 67%, in 4 months? Why is that? I notice Demmitt is way up too, Do you think everyone is scrambling to get to 520 and they are getting in on these two, since they are "tougher"?

I thought the post card back bleed through and the mouse nibble on the upper right corner held the Dietsche Cobb price back a bit, still a nice card at that price.

[BobbyStrawberry]

Some very, very low prices on lower-grade Prewar HOFers! Of course this won't stop the pumpers from pumping the top-end stuff, but this seems to be a significant change from a year or two ago (or maybe longer)...

[puckpaul]

Originally Posted by BobbyStrawberry

Some very, very low prices on lower-grade Prewar HOFers! Of course this won't stop the pumpers from pumping the top-end stuff, but this seems to be a significant change from a year or two ago (or maybe longer)...

T206? I think about 25 auctions the last 6 months have featured a t206 set breakup it seems. I know because I have to scroll past all of the pages and pages of t206’s online all the time!

[BobbyStrawberry]

Originally Posted by puckpaul

T206? I think about 25 auctions the last 6 months have featured a t206 set breakup it seems. I know because I have to scroll past all of the pages and pages of t206’s online all the time!

Yep, lots and lots of them lately...graded HOFers for under $100, $480 for an SGC 1 Matty (!?)

[chadeast]

Originally Posted by puckpaul

T206? I think about 25 auctions the last 6 months have featured a t206 set breakup it seems. I know because I have to scroll past all of the pages and pages of t206’s online all the time!

I share that scrolling adventure with you as a non-T206 collector. I'm constantly amazed as literally hundreds of T206's are available over and over again in seemingly every auction. I can easily see how a T206 collector would be suffering from auction fatigue.