Judge 62nd HR ball - turned down $3 million; good idea or not?

[PATCO]

I would think the Goldin vig of perhaps 15%, plus the Fed Tax implications will find the owner a bit disappointed. I think a private sale would have been the way to go. Maybe Goldin will ensure the min bid is $3m, seems like a very limited market to me.

Greed is a powerful thing, and it appears this is the owner's mindset. I could easily think of a lot of sweet things to have with just $1m in my pocket.

[packs]

This was a pretty high profile item. I'd be surprised if the AH charged any commission on it. Just having the ball in the auction got them a lot of free advertising.

[mrreality68]

Originally Posted by packs

This was a pretty high profile item. I'd be surprised if the AH charged any commission on it. Just having the ball in the auction got them a lot of free advertising.

I am sure the advertising is nice and I am sure they waived the seller commission. More likely they also added between 8% and 10% of the BP back to the seller.

But regardless the seller took a gamble and lost on what could have been

[D. Bergin]

Looks like he picked the wrong curtain/suitcase/upside down sippy cup




Still, for what he paid for that ball......I think he did pretty good.