REA Summer Auction is open

[Lorewalker]

Originally Posted by ClementeFanOh

Lorewalker-

Stay in your lane. I'll PM you my "secret membership code" so you can take
part in the meetings, k?

Trent King

No no, please do not do that King, I might end up being resigned to submitting 71 Hodges cards to SGC.

It is really too bad that my ignoring you is not enough for you to act civil. You really that angry, King?

[Carter08]

Originally Posted by BigfootIsReal

There were ZERO bids the first round of extended. Why would it go another 15?

If there is any bid on any item all items go to the extended bidding at 12. It’s only when the entire auction goes dead that it will end and that just doesn’t happen.

[rand1com]

Originally Posted by Republicaninmass

Lot.of time left...200k

Reserve not met. Not sure if this message was there before the OT bidding started or not but I did not notice it until the 9:00 PM open bidding stopped.

[BRY68]

Originally Posted by parkplace33

Very curious what the T206 registry set ends up at. Some nice cards.

As of 11:06 pm EST, “reserve not met”

[babraham]

Originally Posted by LEHR

Bidding seems strong on everything I’m chasing.

Same!

[chadeast]

edit: nm

[srik]

Originally Posted by mrreality68

Lots of great lots

And lots of strong bidding going on

Be interesting to see what some members here win tonight

I won the Tommy Leach Uzit PR 1, my first Uzit and back of such rarity. I think this one looks good for the grade.

[Snowman]

Originally Posted by raulus

It's resting comfortably in my display case, in its new and glorious AA slab.

I have designs to replace it with something a little less obviously odious, although I'm in no rush to do so.

I have a centered SGC 7 54T Mays. Perhaps we can work out a trade?

[DPassner1]

I've always found within the variance of REA there are some pretty good deals. There were a bunch of items that went below sales history/card ladder suggested that I bowed out of for cash flow. The Sporting News Red Sox and W601 w Hoy went for less than half the gavel of recent sales. I also once consigned a Bruguera Ruth from Goldin to them, and it went for about 60% what I'd paid (then it was put up again, won by me, for even less, then flipped for about 30% more than I'd originally paid.)

Anyway, won the 7/11 Wilt Chamberlain which I'd wanted since I saw the first SGC 4 come up. Can't PC it, but it will be so cool to have for a minute.

Won the H572 set, which maybe has a Kenesaw Landis rookie? There are a few I'd PC, wondering if anyone grades them.

Won the Eastern Exhibit Schang. Just really like that image.

The lot of 2 panini calcio boxes, and the lot of 15 yogi berra day pins, which I know will make for 15 happy Yankees fans.

[ClementeFanOh]

Lorewalker-

You have a strange definition of "ignoring". After all, you went out of
the way to quote me from a week ago just to send a snide comeback. I do
not think that word means what you think it means (a little "Princess Bride",
anyone?)

There are some wonderful people on this site, and then there are people like
you. I will give you this- you are likely the only sociopath in the little group
of angry repliers. Well done!

Trent King

[ClementeFanOh]

srik- GREAT looking Uzit. Wow! Trent King

[mrreality68]

Originally Posted by srik

I won the Tommy Leach Uzit PR 1, my first Uzit and back of such rarity. I think this one looks good for the grade.

Congrats Srik.

That is a great looking 1.

[Snapolit1]

Memorabilia continues to be all over the place.

Loved the Gehrig signed payroll check and has been a bucket list item for a long time. Couldn’t make it to midnight and was out bid by one bid. Price of 22K was a tremendous buy, as some of these in recent years have sold for over 30k. Probably less that a dozen of these.

Older I get the more impossible it is to deal with these late closings. Sucks.

If the buyer is on the board and wants to consider a trade of some sort let me know.

[rand1com]

If anyone on here won the lot of 28 graded Red Hearts, I still need the Snider PSA 8 and would be interested in it if available for sale.

[LEHR]

Originally Posted by srik

I won the Tommy Leach Uzit PR 1, my first Uzit and back of such rarity. I think this one looks good for the grade.

That's a beauty for the assigned grade!

[jsfriedm]

Originally Posted by raulus

HA.

Looks like a nice piece, for sure. But I'm going to sit pretty with my 8.0.

I'll let someone else pay the better part of a million clams for the 8.5.

We all have limits, and that much bread is more than I'm willing to deploy for a single piece of cardboard, be it ever so nice.

That and after my experience getting burned with my altered 54T Mays previously in PSA 8.5, my desire to climb the set registry ladder is greatly reduced, particularly on big cards.

Turns out, you wouldn't have needed the better part of a million clams after all. Meanwhile, the 8 didn't sell at all, and the 6 went for less than any has in a while. Not a good night for Mays rookies.

[Rhotchkiss]

There were a few items I was interested in l/watching closely and they all met-to-crushed my expectation:

1933 Goudy Lajoie PSA 4.5 closed at $162?!?! Amazing card for sure, but that’s more than double what I expected

T206 Green Cobb Old Mill PSA 4 closed at $69k! Great looking example of a very tough combo, but that’s also almost double what I expected

T206 Magie error PSA 3 closed at $33.6k. It was a great looking example, but a little annoying since my 3, which was very nice in its own right, only brought $29.5k in ML’s spring auction. Considering I have a number of t206s coming up in their summer auction, I am trying to decide if it was condition difference that justifies the extra 10%, or does REA bring better prices on T206 than memory lane. I think it’s a little of both.

1906 W601 Detroit PC with Cobb, PSA A, closed at $11.1k. I figured it go for $10k-$12k, so spot on. Although I think this should be $60k+ item, given it is so super rare and given what the 1915 Red Sox (Ruth) team photo PC sold for…

1915 Red Sox (Ruth) Team Photo Post Card, PSA A, closed for $114k. Another same-graded and similar looking example sold for $75k, in REA, 4 months ago.

The 1914 CJs I was watching closed within range of what I expected - this continues to be a hot set.

It seems to me that higher-end prewar (player, rarity, set) is doing well given last night’s results. Plus, REA is a top-flight AH, so I would expect nothing less.

[Bobbycee]

Originally Posted by BRY68

As of 11:06 pm EST, “reserve not met”

The Reserve was 300K. As a complete T206 set owner, of similar grade average- that ending was not what I wanted to see.

[rand1com]

So $300K reserve becomes $360K to the buyer plus sales tax of another $20K or so depending on the state. This set missing 2 keys of the 520 is not worth close to $400K to a collector. Hence, no buyer. If it had been announced at the outset that there was a reserve, it would have saved a lot of bidding.

At least Heritage starts their auctions at the reserve if there is one. They would have started it at $300K and there would have been zero bids. Saves a lot of wasted time for bidders.

[parkplace33]

Originally Posted by Bobbycee

The Reserve was 300K. As a complete T206 set owner, of similar grade average- that ending was not what I wanted to see.

Was the reserve added later or at the beginning of the auction?

[sb1]

Originally Posted by rand1com

So $300K reserve becomes $360K to the buyer plus sales tax of another $20K or so depending on the state. This set missing 2 keys of the 520 is not worth close to $400K to a collector. Hence, no buyer. If it had been announced at the outset that there was a reserve, it would have saved a lot of bidding.

At least Heritage starts their auctions at the reserve if there is one. They would have started it at $300K and there would have been zero bids. Saves a lot of wasted time for bidders.

Heritage posts the reserve and raises the lot to the reserve 48 hours prior to the auction ending, not at the start. Although they might mention it has a reserve from the beginning.

[packs]

Seems like all other Cobbs outside of T206 are doing well in low grade. The E95 went for a strong price. I also liked the RPPC but would have gone harder if it showed more of his face.

[rand1com]

Originally Posted by sb1

Heritage posts the reserve and raises the lot to the reserve 48 hours prior to the auction ending, not at the start. Although they might mention it has a reserve from the beginning.

Generally, from what I have seen, they do not announce a reserve but start the item at a price that reflects the reserve. Maybe they do some both ways depending on the consignor's wishes.

At any rate, I want to know in advance if there is a reserve so I can ignore the auction because it is not an auction if there is a reserve. An auction indicates the high bidder wins the lot. That is simply not the case when a reserve is used.

[timber63401]

I got murdered on everything I bid on except the 13000 card late 70s lot so I must of really overpaid for that one. Also of course it was by far the one I wanted the least.

[raulus]

Originally Posted by jsfriedm

Turns out, you wouldn't have needed the better part of a million clams after all. Meanwhile, the 8 didn't sell at all, and the 6 went for less than any has in a while. Not a good night for Mays rookies.

Half a million seems like a pretty solid part of a cool million to me, and well outside of my threshold for deploying my limited resources.

[wazoo]

Couldn’t say no

[BigfootIsReal]

Hammer on the Bond Bread Jackie Portrait in a 7 was 35K. Based on that, what would a PSA 5.5 expect? Lows 20's maybe?

[Lorewalker]

Originally Posted by ClementeFanOh

Lorewalker-

You have a strange definition of "ignoring". After all, you went out of
the way to quote me from a week ago just to send a snide comeback. I do
not think that word means what you think it means (a little "Princess Bride",
anyone?)

There are some wonderful people on this site, and then there are people like
you. I will give you this- you are likely the only sociopath in the little group
of angry repliers. Well done!

Trent King

Angry is when someone takes a thread OT to attack someone out of the blue for their post that was made in jest. When was the last time you actually laughed or smiled? You are correct that there are some wonderful people on the board, you are not in that group. If you have anything else to say to me, big boy, send it in a PM and stop polluting threads.

[prestigecollectibles]

I believe this was the highest price ever paid and this example was low grade.

[h2oya311]

Got blown out of the water on the large lot of 1914 T330-2 Piedmont Art Stamps. I’m not sure how that’s even possible. There were at least two others who wanted the lot more than I did (again, shocking).

If anyone here bought that lot and is only looking to hold onto a few of these or wants to unload some of their duplicates, I’d love to work out a trade or purchase with you.

[puckpaul]

Originally Posted by Rhotchkiss

There were a few items I was interested in l/watching closely and they all met-to-crushed my expectation:

1933 Goudy Lajoie PSA 4.5 closed at $162?!?! Amazing card for sure, but that’s more than double what I expected

T206 Green Cobb Old Mill PSA 4 closed at $69k! Great looking example of a very tough combo, but that’s also almost double what I expected

T206 Magie error PSA 3 closed at $33.6k. It was a great looking example, but a little annoying since my 3, which was very nice in its own right, only brought $29.5k in ML’s spring auction. Considering I have a number of t206s coming up in their summer auction, I am trying to decide if it was condition difference that justifies the extra 10%, or does REA bring better prices on T206 than memory lane. I think it’s a little of both.

1906 W601 Detroit PC with Cobb, PSA A, closed at $11.1k. I figured it go for $10k-$12k, so spot on. Although I think this should be $60k+ item, given it is so super rare and given what the 1915 Red Sox (Ruth) team photo PC sold for…

1915 Red Sox (Ruth) Team Photo Post Card, PSA A, closed for $114k. Another same-graded and similar looking example sold for $75k, in REA, 4 months ago.

The 1914 CJs I was watching closed within range of what I expected - this continues to be a hot set.

It seems to me that higher-end prewar (player, rarity, set) is doing well given last night’s results. Plus, REA is a top-flight AH, so I would expect nothing less.

That Lajoie was really strong, i would have wanted it a lot lower. Has a crease but really nice looking. Congrats to the buyer. That card is legendary but a little gimmicky…is it a 33 or a 34? I still cant decide how badly i want one, not enough i guess…..

The Ruth 25 exhibit and Cobb postcards went cheap relative to recent other auctions I thought, but I didnt try to bid again on those, so maybe that’s more the market than recent other sales? The Ruth 25 went for $30k plus in similar condition recently vs $17k here? One of his cooler images.

I already finished my T3 set, but someone got a pretty good deal on those lots, the images were great with a stamp on the back keeping prices down. Almost started another set! Of course those are expensive to grade.

[BRY68]

Feel good about adding my first Red Hindu to the PC.

[Bobbycee]

Originally Posted by parkplace33

Was the reserve added later or at the beginning of the auction?

It was set from the beginning but I don't think REA noted it until mid way through the auction. Only then was it stated "Reserve Not Yet Met". Never was a Reserve Price mentioned.

[raulus]

Originally Posted by Rhotchkiss

T206 Magie error PSA 3 closed at $33.6k. It was a great looking example, but a little annoying since my 3, which was very nice in its own right, only brought $29.5k in ML’s spring auction. Considering I have a number of t206s coming up in their summer auction, I am trying to decide if it was condition difference that justifies the extra 10%, or does REA bring better prices on T206 than memory lane. I think it’s a little of both.

Hi Ryan - I know absolutely zero about the details here, but a 10% swing seems like a pretty close range to me. I would be less inclined to expect that there's something material that explains the difference, and more inclined to expect that the vagaries of the auction process, and who was in (or out) of the bidding on those days, what else they were bidding on, and whether they were feeling aggressive or conservative.

Particularly in an auction format like this, the difference has got to be like 2-3 bidding increments, which seems like it's so close that it's probably not worth getting excited about, or even attempting to explain.

Then again, it's a lot easier to be sanguine in these situations when your card is the one that sells for 10% higher, rather than for 10% lower.

[The Detroit Collector]

Everything I watched seemed to exceed what I expected or was willing to pay. Was very surprised at some of the prices.

[Fuddjcal]

Originally Posted by calvindog

What’s the alternative? The high bidder should ask that his bid be changed to 30K today? It’ll get to the right number eventually. Why does it have to be on day 1?

And yes, 30 days is too long for an auction. But who tf cares? It will end soon enough.

they'll be another right around the corner in 2 weeks...AND maybe a show.

[sb1]

Originally Posted by h2oya311

Got blown out of the water on the large lot of 1914 T330-2 Piedmont Art Stamps. I’m not sure how that’s even possible. There were at least two others who wanted the lot more than I did (again, shocking).

If anyone here bought that lot and is only looking to hold onto a few of these or wants to unload some of their duplicates, I’d love to work out a trade or purchase with you.

Price was really strong, especially give the condition, would have to think this was someone wanting to start the set with a bang..

[Casey2296]

-
Great pick ups Srik, Wazoo, and Bruce, congrats.

I went O-fer in REA, super strong prices on my want list, but I was able to pick up this little gem on EBay last night of all places.
-

[evergreen1988]

Originally Posted by BRY68

Feel good about adding my first Red Hindu to the PC.

Good looking card and I think I was the underbidder on it. However, I think you should be aware that it is likely the same as this card, so the back (and front border) may have been whitened. Hard to be sure without it in hand.

https://sports.ha.com/itm/baseball-c...151517-44003.s

[evergreen1988]

Originally Posted by wazoo

Couldn’t say no

I was also a bidder on this one, but just so you are aware it looks quite similar to this card, so may be cleaned up a bit. Hard to tell from the pictures alone.

https://sports.ha.com/itm/baseball-c...151517-44002.s

[MVSNYC]

Srik, congrats on the Uzit! One of my favorite backs, and might even be rarer than Drum.

Seems like T206 printing errors are roaring back, some very robust prices- Criger Front Miscut, Rudolph Upside Down Back, Hummel multi strike, Shaw Ghost, Lash Bitters, even the low-grade Nodgrass. All very strong.

[MVSNYC]

"T206 Magie error PSA 3 closed at $33.6k. It was a great looking example, but a little annoying since my 3, which was very nice in its own right, only brought $29.5k in ML’s spring auction. Considering I have a number of t206s coming up in their summer auction, I am trying to decide if it was condition difference that justifies the extra 10%, or does REA bring better prices on T206 than memory lane. I think it’s a little of both."

Ryan, IMO it's neither. I feel yours was slightly better condition, although they are both very nice and comparable. I also think ML and REA are both top shelf and bring very similar prices. I think it's just a slight increase in the market. It's a very rare and desirable card, and people who are priced out on Planks go hard on Magie.

Also, a 10% difference isn't that much...if it was 20-30% more, than that would make for an interesting conversation. To me, they are comparable condition, and the auction results feel quite comparable too. Again, I'm thinking there's a slight uptick in the market over the last few months.

[BRY68]

Originally Posted by srik

I won the Tommy Leach Uzit PR 1, my first Uzit and back of such rarity. I think this one looks good for the grade.

Looks awesome. Congrats.

[BRY68]

Originally Posted by evergreen1988

Good looking card and I think I was the underbidder on it. However, I think you should be aware that it is likely the same as this card, so the back (and front border) may have been whitened. Hard to be sure without it in hand.

https://sports.ha.com/itm/baseball-c...151517-44003.s

Very interesting. Appreciate the info. Thanks.

[CardPadre]

Originally Posted by evergreen1988

Good looking card and I think I was the underbidder on it. However, I think you should be aware that it is likely the same as this card, so the back (and front border) may have been whitened. Hard to be sure without it in hand.

https://sports.ha.com/itm/baseball-c...151517-44003.s

Originally Posted by evergreen1988

I was also a bidder on this one, but just so you are aware it looks quite similar to this card, so may be cleaned up a bit. Hard to tell from the pictures alone.

https://sports.ha.com/itm/baseball-c...151517-44002.s

Good info on those, both definitely have been quite improved.



.

[brunswickreeves]

Price disparity between 1914 CJ Jackson sold and 1915 CJ Jackson for sale…

[ullmandds]

thats what a diamond cut on the sides and top/bottom centering will do to value I guess?

I was wondering why the e93 matty ex-mt went so cheap...I surmise it was the centering/diamond cut?

[chadeast]

Originally Posted by puckpaul

I already finished my T3 set, but someone got a pretty good deal on those lots, the images were great with a stamp on the back keeping prices down. Almost started another set! Of course those are expensive to grade.

And that would be me. Good eye appeal T3s with marks and pinholes is my niche. Already finished the T3 set a couple of years ago, and I had them all graded last summer during the PSA special, but I couldn't resist picking up four upgrades, two with alternate backs.

[sb1]

I thought they could be bought right for resale, but I finally have up on the lot of 49 and the lot with backstamps in the extended bidding

[particra17]

I bought the Cobb Bat Off Shoulder PSA 6 for $19.2k (including buyer’s fee). I don’t think it should be a 6 necessarily, but this card sold for $25.2k in the December REA auction. Tough 7 months.

Picked up a bunch of T3s. Prices were mostly high all around but the inventory was solid.