REA October Encore

[yanks87]

I was blown away at the price of the Authentic Satchel Paige. I get it is a tough card to track down, but $13k for a "unique fixer-upper" seems a little steep!!

[MR RAREBACK]

To bad it went so high I was hoping to win it

[raulus]

Originally Posted by yanks87

I was blown away at the price of the Authentic Satchel Paige. I get it is a tough card to track down, but $13k for a "unique fixer-upper" seems a little steep!!

HA.

It does seem like when markets get a little frothy, then there can be some "compression", when people wanting to get in tend to bid up the items at the bottom of the market.

Certainly at times the housing market has seemed that way, with entry-level homes getting bid up so much that the price per square foot on those entry level homes gets a little ludicrous compared to the prices per square foot on mid-level homes.

[yanks87]

That bottom of the market is where I live, "frothy" market indeed, I am not used to seeing such big numbers on my "well loved gems"!

I was happy what I paid for this one (in 2019), which has 3 sides less than the one that sold yesterday, so if my math is right, at $3k per side that would make mine worth $1600?!

[LEHR]

I won one photo from REA and two from RMY Auctions the night before so I'd say it was a successful weekend.

[eliotdeutsch]

I rarely play in the major auctions, but since I actually won something, I figured I’d share.

Going into the T206 Southern Leaguers who appear in T210 collection:

[x2drich2000]

I made some good progress on my T222 set with a couple tough short prints and a HOFer.

[parkplace33]

I was blown away with the SGC3 Green Cobb price.

[walker066]

I picked up a few small items and lost out in the end on the t206 speaker psa 2 and beautiful 1954 sgc 1 Aaron RC. Wow on those prices..

Auctions, like card shows, are all about rarity or beautiful low grades. The T206 Cobbs are down I’ve noticed. Probably going to continue to drop IMO.

[Johnny630]

I wonder if the start of the next new US Equity Market Bull Run will bring these cards right back up. They haven’t gone down much, anywhere near as much as Stocks. I have a good feeling :-) that both are going up, especially the US Equities Market. Santa is Coming.

[rand1com]

The only items I ever win are mistakes on my part. I don't read carefully enough. I apparently looked up a VCP price on an OPC Gretzky rookie and bought it because I thought it was a nice bargain but the card was actually a Topps card which I noticed this morning so the price paid by me was too much.

Also, failed to read that the Connie Mack autograph on the sweet spot of a 1948 A's team signed ball was clubhouse.

So, my two wins were both mistakes. Fortunately, the amount spent was pretty small and the loss is even smaller but just goes to show I can't win anything I actually want when I read the description correctly as I was outbid on every other lot bid on in the REA auction and every lot in the Heritage auction.

[raulus]

Originally Posted by Johnny630

I wonder if the start of the next new US Equity Market Bull Run will bring these cards right back up. They haven’t gone down much, anywhere near as much as Stocks. I have a good feeling :-) that both are going up, especially the US Equities Market. Santa is Coming.

That's quite the hot take.

As an Italian, I'm betting that Befana, the Italian Christmas Witch is going to bring us all some coal. Although according to my mother, naughty children are also eligible for a good whacking with Befana's broomstick.

https://en.wikipedia.org/wiki/Befana

[Exhibitman]

I actually forgot the auction was closing. First time that has ever happened to me. I even looked at it earlier in the day and planned to log on in OT and chase a few things, but I got all caught up in some other stuff and by the time I remembered, it was closed. Too bad too. I was looking at the 1958 Bell Gino Cimoli and it went for about half of what I would have bid.

[jayshum]

Originally Posted by yanks87

I was blown away at the price of the Authentic Satchel Paige. I get it is a tough card to track down, but $13k for a "unique fixer-upper" seems a little steep!!

I was interested in the Leaf Newhouser that was missing a corner and had some other issues, but it ended up higher than I was hoping. It's a tough card so I guess I wasn't too surprised even in it's condition.