REA Losses

[Rhotchkiss]

Originally Posted by Leon

Because no one else bid.
.

+1. The card got to its market-perceived FMV early and nobody wanted to pay more for it. I was watching the card and almost bid on it, as I thought it was very well centered. But ultimately, I did not like the surface issues and I want higher grade if/when I buy one. Ultimately, I the card sold in the (lower) range of where I comped it, and clearly at fair market value for itself. No shortage of 52 mantles out there.

I won one card, and I paid heavy for it. In general, I think prices were strong. A few good deals existed (the t206 green Cobb psa 5.5, for example), but most things ended at or above (and in many cases, far above) where I comped them.
Clearly the rare and high grade stuff is commanding significant premiums