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#1
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Sports division or not, if you’re an art and antique house and somebody offers you a Million$ plus item and you have a 28% vig, you’re not going to say no, bring it to those guys down the street. You’re going to figure out how to sell it.
In the end, they’re all just “Antiquities”. |
#2
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If I was the consignor I might have suggested that they advertise in the appropriate venues. Just a crazy thought.
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#3
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Bonhams has included it in their fine books & manuscripts auction, with an estimated value of $250K-500K, and current bidding at $320K. The estimate does sound low and burying the card in a books & manuscripts auction without any promotion to sports collectors does not seem like the best way to get full value for the card.
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#4
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#5
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Who knows, maybe they want to be in the business of auctioneering a major card or two from time to time. No better way than to get a solid price for a nice M101 rare-back Ruth. My guess is they know the consigner and someone who will pay the fair market value. Could be a “if you sell it right, more will come” type approach. Regardless, the company can’t really lose with that buyers premium.
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