Hey, pennant guys

[Vintagedeputy]

I will never understand people.

I was watching a couple of auctions tonight for some really great vintage pennants. With an hour or two left in the auction people just kept bidding them up and bidding them up. What is the thought process behind that? Do you think you’re scaring other people away by bidding it up $20 or $30? The auction finally gets to a point where the price is absolutely unreasonable and there’s still hours left to go in the auction..and yet people keep bumping it up.

Do people enjoy paying more than they could have?

[ooo-ribay]

Originally Posted by Vintagedeputy

I will never understand people.

I was watching a couple of auctions tonight for some really great vintage pennants. With an hour or two left in the auction people just kept bidding them up and bidding them up. What is the thought process behind that? Do you think you’re scaring other people away by bidding it up $20 or $30? The auction finally gets to a point where the price is absolutely unreasonable and there’s still hours left to go in the auction..and yet people keep bumping it up.

Do people enjoy paying more than they could have?

I’ve heard it said that the winner of any auction is actually the loser. By winning an auction, you have just demonstrated you were willing to pay more than anyone else on the planet. Outside of the hidden gems we sometimes find (usually due to poor descriptions, poor pictures or poorly listed), I think there’s some truth to this. We’re all a bunch of losers!

[thetahat]

Originally Posted by ooo-ribay

I’ve heard it said that the winner of any auction is actually the loser. By winning an auction, you have just demonstrated you were willing to pay more than anyone else on the planet. Outside of the hidden gems we sometimes find (usually due to poor descriptions, poor pictures or poorly listed), I think there’s some truth to this. We’re all a bunch of losers!

I realize this is at least partially tongue in cheek but, to the contrary, the winner of the auction is automatically a “winner”. That is, unless he has a specific intention to flip it and he predicts future market value incorrectly. Generally speaking, if a person places a max bid of $X, he personally values the item more than he values having $X. If he wins, he profits. And depending on the second highest bid, he may profit a lot. The difference almost kinda like cash back! Of course I’m not defining profit strictly in terms of cash. I profit every time I go to the store and exchange dollars for goods. Capitalism is awesome!

[Jgwrestlng8]

Mark mentioned some pennants that were trade away in the past and here is the 46 tigers.

I have also added some pickups in the last year. All St. Louis, and the tough one is the terriers from the federal league.

-Jordan

[perezfan]

Awesome stuff Jordan...

That '46 Cardinals World Series pennant is incredible. Never seen another, let alone in that glistening condition. White felt pennants of that vintage are impossible to find that clean. What a beauty!

[Duluth Eskimo]

Here's another repro in case anyone was bidding. This is a Mitchell and Ness that is an exact copy of the original.

https://www.ebay.com/itm/17574849481...g&LH_Auction=1

[Duluth Eskimo]

Here's another neat pennant photo dated 1949. Some toughies in here

[perezfan]

Originally Posted by Duluth Eskimo

Here's another repro in case anyone was bidding. This is a Mitchell and Ness that is an exact copy of the original.

https://www.ebay.com/itm/17574849481...g&LH_Auction=1

Good catch. And you've gotta love that little chip of tell-tale paper under the stitching on the reverse.

[ser1979]

Originally Posted by Jgwrestlng8

Mark mentioned some pennants that were trade away in the past and here is the 46 tigers.

I have also added some pickups in the last year. All St. Louis, and the tough one is the terriers from the federal league.

-Jordan

Clean Sweep has this 46 pennant currently up for auction along with a very nice 44 Tiger pennant. I own the orange version of the 46 pennant and other than the one I have I have never seen these come up for auction.

https://www.cleansweepauctions.com/l...g_type=auction

[perezfan]

Originally Posted by ser1979

Clean Sweep has this 46 pennant currently up for auction along with a very nice 44 Tiger pennant. I own the orange version of the 46 pennant and other than the one I have I have never seen these come up for auction.

https://www.cleansweepauctions.com/l...g_type=auction

Ugh.... could you not wait until the day after the auction to broadcast this?

Or are you the consignor of these?

[Vintagedeputy]

Originally Posted by perezfan

Ugh.... could you not wait until the day after the auction to broadcast this?

Or are you the consignor of these?

Another auction outted!

[ser1979]

Originally Posted by perezfan

Ugh.... could you not wait until the day after the auction to broadcast this?

Or are you the consignor of these?

Sorry to let the cat out of the bag Mark, and no I'm not the consigner. I'm happy with the orange version of that 46 pennant I have.

[murphusa]

Cleaning out some old bins of auction catalogs and I came across this from 11/1999
Maestro Auction
680-$11,205
681-$12,787
682-$7939
683-$5954
684-$4804
685-$4686
686-$6392
687-$3202
688-$4764
689-$1915

[thetahat]

Originally Posted by ser1979

Clean Sweep has this 46 pennant currently up for auction along with a very nice 44 Tiger pennant. I own the orange version of the 46 pennant and other than the one I have I have never seen these come up for auction.

https://www.cleansweepauctions.com/l...g_type=auction

Just want to say that these are probably the ugliest pennants ever produced, to even bid on such hideous monstrosities would be a sign of a serious character flaw. Hey, I don’t write the rules ….

[ser1979]

Originally Posted by thetahat

Just want to say that these are probably the ugliest pennants ever produced, to even bid on such hideous monstrosities would be a sign of a serious character flaw. Hey, I don’t write the rules ….

Very true Greg, this is why mine is packed away and doesn't see the light of day. It really brings down the value of my other Tiger pennants, lol.