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  #1  
Old 10-13-2022, 09:46 PM
eliotdeutsch eliotdeutsch is offline
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As others have noted. Every transaction has a buyer and a seller, so there is always an equal number of both.

Markets move depending on which party is more motivated to transact.
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  #2  
Old 10-13-2022, 11:28 PM
HobokenJon HobokenJon is offline
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I look forward to the day when I’m the only buyer and everyone else is selling. But I’m not counting on it.
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  #3  
Old 10-14-2022, 06:35 AM
Republicaninmass Republicaninmass is offline
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Originally Posted by eliotdeutsch View Post
As others have noted. Every transaction has a buyer and a seller, so there is always an equal number of both.

Markets move depending on which party is more motivated to transact.
I disagree, I think many people are hoarding or buying up multiple examples of certain cards. No way on Gods green earth would consignors allow multiple of the same common card, albeit different grades, in the same auction. For years, even the AHs prohibited it!

Every months prices go up, and flippers are hoping someone had FOMO from the last sale and will pay a few % more for theirs.
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  #4  
Old 10-14-2022, 06:59 AM
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Snapolit1 Snapolit1 is offline
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Originally Posted by Republicaninmass View Post
I disagree, I think many people are hoarding or buying up multiple examples of certain cards. No way on Gods green earth would consignors allow multiple of the same common card, albeit different grades, in the same auction. For years, even the AHs prohibited it!

Every months prices go up, and flippers are hoping someone had FOMO from the last sale and will pay a few % more for theirs.
Wonder if the situation with Michael Jordan Fleer PSA 9s plays out here with some classic vintage cards. Jordan rookie is a different animal, but is an iconic player and cultural phenomenon and a beloved card.

Last edited by Snapolit1; 10-14-2022 at 07:00 AM.
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  #5  
Old 10-14-2022, 07:10 AM
Republicaninmass Republicaninmass is offline
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Wonder if the situation with Michael Jordan Fleer PSA 9s plays out here with some classic vintage cards. Jordan rookie is a different animal, but is an iconic player and cultural phenomenon and a beloved card.
As an example

Uness you HAD to sell, nobody would allow 4 or 5 of the same color Cobb, or 52 Mantle to be auctioned together, Its financial suicide. I can see if you had a psa 8 and there was a psa 1, but consistently there are multiple low to mid grades in the same auction month after month. For something like Jordan it only worse because of supply. Easier to manipulate 9s and 10s though
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  #6  
Old 10-14-2022, 07:23 AM
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ullmandds ullmandds is offline
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Quote:
Originally Posted by Republicaninmass View Post
As an example

Uness you HAD to sell, nobody would allow 4 or 5 of the same color Cobb, or 52 Mantle to be auctioned together, Its financial suicide. I can see if you had a psa 8 and there was a psa 1, but consistently there are multiple low to mid grades in the same auction month after month. For something like Jordan it only worse because of supply. Easier to manipulate 9s and 10s though
Agreed! I consigned my 51 bowman mantle a year or two ago only to find like six of them in the auction! To say I was pissed off was an understatement! In most of the big big auctions you will see multiple examples of red tea 206 Cobbs, 1952 Topps mantles, even cards like e95 Ty Cobbs it’s not uncommon to see two or three examples in a big auction.

These experiences made me think twice about the big auction houses sometimes smaller auctions are better where your item will be a headliner versus just one of many!
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  #7  
Old 10-14-2022, 07:38 AM
Republicaninmass Republicaninmass is offline
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I agree Pete. That isnt fair not to at least mention it, and it's the FIRST question I ask auction houses when I consign. I had some crazy rare t205s, matty cycle back sgc 5 I think, and others, and did NOT want others in the auction even if it was a low grade.
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  #8  
Old 10-14-2022, 10:12 AM
BobC BobC is offline
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Originally Posted by ullmandds View Post
Agreed! I consigned my 51 bowman mantle a year or two ago only to find like six of them in the auction! To say I was pissed off was an understatement! In most of the big big auctions you will see multiple examples of red tea 206 Cobbs, 1952 Topps mantles, even cards like e95 Ty Cobbs it’s not uncommon to see two or three examples in a big auction.

These experiences made me think twice about the big auction houses sometimes smaller auctions are better where your item will be a headliner versus just one of many!
But then does it really even matter? There may not be more than one of that one particular card, in that one particular auction, but with the proliferation of auctions today, there's a great chance that there are at least two or three (or even more) other auctions or online sellers with multiple examples of that same card up for auction/sale at the exact same time anyway. The internet has truly changed this hobby into being more like an investment/business industry. While the internet has made it possible for collectors to much more easily now find and acquire cards they used to have to search diligently for in the past, it has done the exact same thing for everyone else as well!
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  #9  
Old 10-14-2022, 12:13 PM
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Eric72 Eric72 is offline
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But then does it really even matter...
Yes, it does matter.

If you're bidding in an auction, and there are multiple copies of the same card you want, are you going to spend time checking out each example? I imagine most people will. I certainly would.

Now, let's say the auction house only has one copy of that card. Would you go checking other auction house, eBay, etc. looking for similar examples currently for sale with the intention of bidding on one or more of them? Perhaps. I typically don't. There are certainly some auction houses with which I won't do business. There's also a value on my time. If I spend hours and hours researching all available copies to save (for example) $200, at what point have I crossed the "penny-wise, pound-foolish" threshold?

I'm sure there are others who, for whatever reasons, will only deal with a handful of auction houses. It helps, as a consignor, when those auction houses aren't competing with themselves.

Just my two cents...
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