memory Lane Spring Rarity Auction

[MattyC]

Yup, at any given snapshot in time, some cards will sell for new record highs while others will be lower than prior sales. It's just impossible to generalize or herd all cards together. Especially given the great variance in eye appeal possible— even within cards of the same grade. Best one can do when shopping for their collection is dig into all the images and sales data available.

[Lorewalker]

Originally Posted by MattyC

Yup, at any given snapshot in time, some cards will sell for new record highs while others will be lower than prior sales. It's just impossible to generalize or herd all cards together. Especially given the great variance in eye appeal possible— even within cards of the same grade. Best one can do when shopping for their collection is dig into all the images and sales data available.

That has always been true for the hobby. Eye appeal might explain some of the new record prices but I think most of the record prices are being paid for either issue or condition rarity. As for prices adjusting down, I feel it is nothing more than fewer people bidding/buying. The market was far more predictable than it is now. This feels different so I do not agree it is eye appeal and that would be over generalizing what drives the market today.

[MattyC]

Originally Posted by Lorewalker

That has always been true for the hobby. Eye appeal might explain some of the new record prices but I think most of the record prices are being paid for either issue or condition rarity. As for prices adjusting down, I feel it is nothing more than fewer people bidding/buying. The market was far more predictable than it is now. This feels different so I do not agree it is eye appeal and that would be over generalizing what drives the market today.

I never wrote that eye appeal is the cause behind all pricing. I said it is a factor in why one cannot generalize about there being one prevailing market trend or direction.

[Lorewalker]

Originally Posted by MattyC

I never wrote that eye appeal is the cause behind all pricing. I said it is a factor in why one cannot generalize about there being one prevailing market trend or direction.

It seemed like it was implied and I was simply stating that the market feels different and the trends I see make me conclude it is a more limited audience. That is my opinion on the market and you have yours.

[Rhotchkiss]

As many of you know, I consigned a large portion of the prewar items that sold last night. I am very content with the results, although they were all over the place.

Last night's auction contained about 75% of my total consignment, with other items to sell in the Summer and Winter auctions. When I first consigned, Joe and I (Joe is with Memory Lane) sat down and we estimated a low, likely, and high value for every card. Last night, the total aggregate sales price of my consignments, with the Buyer's Premium, was about 3% above the total likely-value we placed on the items. Thus, last night's entire consignment ended, in the aggregate, almost exactly where we estimated it would. That said, many individual items went for very different amounts that expected (both good and bad).

The D304s went crazy. Literally, nonsensical; but I wont complain! The Wagner, Matty, Lajoie, Collins, and many commons went for multiples over prior highs.

My T206 set and 1914 CJ set both did better, in aggregate, than I expected. The 1914 CJ Jackson was the bad egg of the entire auction -- someone stole that card. But most other items, including commons, did very well. Same with the T206 set; the Green Cobb did not do well at all, but that was offset substantially by the other Cobbs and many PSA 7s+ and strong results for commons.

The W600 Matty went through the roof, as it should have, considering it was produced in his rookie year (albeit not the first issue of his rookie year). The Tip Top Wagner did great, and my Planks all finished very strong. Almost every Ruth finished on the lighter side of what I expected, and a few crapped the bed. Wagners and Cobbs are definitely 10%-20% off their highs, but still strong.

Put it this way, it was a very large and diverse consignment and it ended at 102%+ (including BP) of where we estimated the likely value total to be. I am happy with the results, and now I need sleep!

[Schlesinj]

Congratulations, if this asset transfer/trade is enjoyed half as much as you enjoyed this portion of your collection then that is a home run in my book.

[BeanTown]

First off congrats to Ryan and glad ML performed to y’all’s expectations. There were Amazing lots and tons of eye candy. I was close to popping a late bid on the CJ Jackson and maybe should have earlier.

I feel asleep a little after 3AM trying to wait up to get in late bids. I refuse to place a top all bids in any auction. I don’t know why some auction companies think this is good business. HA and REA have changed and they are both the leaders for sport card auctions IMO. I wish other AHs would follow suit and close lots independently, which allows bidders all to be there, competing for that lot. The ML format we guess when the auction is gonna close. Heck, I could do a bid ever 15 minutes for 24 hours straight if I wanted to and then that would make the AH just shut it down manually. This favors all the West Coast buyers… Ok, enough complaining about the format..

The Matty W600 was amazing and no surprise to the final price. Congrats to the winner. I thought the Young Cabinet had a little meat left on the bone and maybe I should have popped a late bid on that.

My bid around 1 or 2am held up on the 1910 T213 type 1 (1910) Red Cobb which is a card I’ve always wanted. My understanding on the three types are type 1’s are most rare followed closely from type 3s (1919), then type 2s which are still rare but more common (if you can say that) for the series.

Congrats to all the winners of the ML auction including the bottom items in the gallery, as I would have bid more had I been awake. If you want to sell for quick profit then PM me….

[Fuddjcal]

Originally Posted by BeanTown

First off congrats to Ryan and glad ML performed to y’all’s expectations. There were Amazing lots and tons of eye candy. I was close to popping a late bid on the CJ Jackson and maybe should have earlier.

I feel asleep a little after 3AM trying to wait up to get in late bids. I refuse to place a top all bids in any auction. I don’t know why some auction companies think this is good business. HA and REA have changed and they are both the leaders for sport card auctions IMO. I wish other AHs would follow suit and close lots independently, which allows bidders all to be there, competing for that lot. The ML format we guess when the auction is gonna close. Heck, I could do a bid ever 15 minutes for 24 hours straight if I wanted to and then that would make the AH just shut it down manually. This favors all the West Coast buyers… Ok, enough complaining about the format..

The Matty W600 was amazing and no surprise to the final price. Congrats to the winner. I thought the Young Cabinet had a little meat left on the bone and maybe I should have popped a late bid on that.

My bid around 1 or 2am held up on the 1910 T213 type 1 (1910) Red Cobb which is a card I’ve always wanted. My understanding on the three types are type 1’s are most rare followed closely from type 3s (1919), then type 2s which are still rare but more common (if you can say that) for the series.

Congrats to all the winners of the ML auction including the bottom items in the gallery, as I would have bid more had I been awake. If you want to sell for quick profit then PM me….

I did happen to get beat like a red headed step child on the “3 bagger” Gehrig. I thought the price was insane but have never seen Gehrig W502 card in a 3 bagger back. I only buy centered backs with low eye appeal. Took a shellacking setting other records on 2 others. ����������������*����*�� I dislike the format but can’t argue with the cards or Joe T’s fabulous verbal bj description. Met him in Strongsville and I love the guy. FYI, I am on the west coast.

[Peter_Spaeth]

Originally Posted by Rhotchkiss

As many of you know, I consigned a large portion of the prewar items that sold last night. I am very content with the results, although they were all over the place.

Last night's auction contained about 75% of my total consignment, with other items to sell in the Summer and Winter auctions. When I first consigned, Joe and I (Joe is with Memory Lane) sat down and we estimated a low, likely, and high value for every card. Last night, the total aggregate sales price of my consignments, with the Buyer's Premium, was about 3% above the total likely-value we placed on the items. Thus, last night's entire consignment ended, in the aggregate, almost exactly where we estimated it would. That said, many individual items went for very different amounts that expected (both good and bad).

The D304s went crazy. Literally, nonsensical; but I wont complain! The Wagner, Matty, Lajoie, Collins, and many commons went for multiples over prior highs.

My T206 set and 1914 CJ set both did better, in aggregate, than I expected. The 1914 CJ Jackson was the bad egg of the entire auction -- someone stole that card. But most other items, including commons, did very well. Same with the T206 set; the Green Cobb did not do well at all, but that was offset substantially by the other Cobbs and many PSA 7s+ and strong results for commons.

The W600 Matty went through the roof, as it should have, considering it was produced in his rookie year (albeit not the first issue of his rookie year). The Tip Top Wagner did great, and my Planks all finished very strong. Almost every Ruth finished on the lighter side of what I expected, and a few crapped the bed. Wagners and Cobbs are definitely 10%-20% off their highs, but still strong.

Put it this way, it was a very large and diverse consignment and it ended at 102%+ (including BP) of where we estimated the likely value total to be. I am happy with the results, and now I need sleep!

Damn. With all those cards and at that level of value, to come within 3 percent of your expected target is IMO incredible!!

[bandrus1]

Originally Posted by Rhotchkiss

As many of you know, I consigned a large portion of the prewar items that sold last night. I am very content with the results, although they were all over the place.

Last night's auction contained about 75% of my total consignment, with other items to sell in the Summer and Winter auctions. When I first consigned, Joe and I (Joe is with Memory Lane) sat down and we estimated a low, likely, and high value for every card. Last night, the total aggregate sales price of my consignments, with the Buyer's Premium, was about 3% above the total likely-value we placed on the items. Thus, last night's entire consignment ended, in the aggregate, almost exactly where we estimated it would. That said, many individual items went for very different amounts that expected (both good and bad).

The D304s went crazy. Literally, nonsensical; but I wont complain! The Wagner, Matty, Lajoie, Collins, and many commons went for multiples over prior highs.

My T206 set and 1914 CJ set both did better, in aggregate, than I expected. The 1914 CJ Jackson was the bad egg of the entire auction -- someone stole that card. But most other items, including commons, did very well. Same with the T206 set; the Green Cobb did not do well at all, but that was offset substantially by the other Cobbs and many PSA 7s+ and strong results for commons.

The W600 Matty went through the roof, as it should have, considering it was produced in his rookie year (albeit not the first issue of his rookie year). The Tip Top Wagner did great, and my Planks all finished very strong. Almost every Ruth finished on the lighter side of what I expected, and a few crapped the bed. Wagners and Cobbs are definitely 10%-20% off their highs, but still strong.

Put it this way, it was a very large and diverse consignment and it ended at 102%+ (including BP) of where we estimated the likely value total to be. I am happy with the results, and now I need sleep!

I'm so mad at myself for not being in position to buy the w600 bender. It went for 1/3 what I would have guessed. I would buy it tomorrow for 9k

[cgjackson222]

Originally Posted by Rhotchkiss

As many of you know, I consigned a large portion of the prewar items that sold last night. I am very content with the results, although they were all over the place.

Last night's auction contained about 75% of my total consignment, with other items to sell in the Summer and Winter auctions. When I first consigned, Joe and I (Joe is with Memory Lane) sat down and we estimated a low, likely, and high value for every card. Last night, the total aggregate sales price of my consignments, with the Buyer's Premium, was about 3% above the total likely-value we placed on the items. Thus, last night's entire consignment ended, in the aggregate, almost exactly where we estimated it would. That said, many individual items went for very different amounts that expected (both good and bad).

The D304s went crazy. Literally, nonsensical; but I wont complain! The Wagner, Matty, Lajoie, Collins, and many commons went for multiples over prior highs.

My T206 set and 1914 CJ set both did better, in aggregate, than I expected. The 1914 CJ Jackson was the bad egg of the entire auction -- someone stole that card. But most other items, including commons, did very well. Same with the T206 set; the Green Cobb did not do well at all, but that was offset substantially by the other Cobbs and many PSA 7s+ and strong results for commons.

The W600 Matty went through the roof, as it should have, considering it was produced in his rookie year (albeit not the first issue of his rookie year). The Tip Top Wagner did great, and my Planks all finished very strong. Almost every Ruth finished on the lighter side of what I expected, and a few crapped the bed. Wagners and Cobbs are definitely 10%-20% off their highs, but still strong.

Put it this way, it was a very large and diverse consignment and it ended at 102%+ (including BP) of where we estimated the likely value total to be. I am happy with the results, and now I need sleep!

Congrats Ryan! Thanks so much for sharing your results. Pretty amazing how close you were to estimating your total return, even if individual results were all over the place. Looks like it was Matty’s moment last night/this morning. How often do you have a major auction where the two highest results (and only six figure results) are both Mathewsons?

[gabrinus]

Incredible auction for the consignors and bidders...Ryan congrats on your consignments and DJ congrats on getting the Red Evers...Jerry

[parkplace33]

Originally Posted by Rhotchkiss

As many of you know, I consigned a large portion of the prewar items that sold last night. I am very content with the results, although they were all over the place.

Last night's auction contained about 75% of my total consignment, with other items to sell in the Summer and Winter auctions. When I first consigned, Joe and I (Joe is with Memory Lane) sat down and we estimated a low, likely, and high value for every card. Last night, the total aggregate sales price of my consignments, with the Buyer's Premium, was about 3% above the total likely-value we placed on the items. Thus, last night's entire consignment ended, in the aggregate, almost exactly where we estimated it would. That said, many individual items went for very different amounts that expected (both good and bad).

The D304s went crazy. Literally, nonsensical; but I wont complain! The Wagner, Matty, Lajoie, Collins, and many commons went for multiples over prior highs.

My T206 set and 1914 CJ set both did better, in aggregate, than I expected. The 1914 CJ Jackson was the bad egg of the entire auction -- someone stole that card. But most other items, including commons, did very well. Same with the T206 set; the Green Cobb did not do well at all, but that was offset substantially by the other Cobbs and many PSA 7s+ and strong results for commons.

The W600 Matty went through the roof, as it should have, considering it was produced in his rookie year (albeit not the first issue of his rookie year). The Tip Top Wagner did great, and my Planks all finished very strong. Almost every Ruth finished on the lighter side of what I expected, and a few crapped the bed. Wagners and Cobbs are definitely 10%-20% off their highs, but still strong.

Put it this way, it was a very large and diverse consignment and it ended at 102%+ (including BP) of where we estimated the likely value total to be. I am happy with the results, and now I need sleep!

Ryan, great explanation on your consignments. Glad you did well.

Were you also able to pick up anything in the action?

[DeafSports]

Was happy to win T206 Carolina Brights - Dummy Taylor!

Would anyone know who once owned that Dummy Hoy / Dummy Taylor collection?