Goldin's Vintage Auction Preview is open and wow

[oldjudge]

I agree with Jeff! Ryan's E107's did great --congratulations Ryan. The Ruth rookie was weak. I believe the exact same card sold in Goldin in October of 2023 and over the year period the price dropped almost exactly 20%. I also think that the reserve on the Reccius Wagner was too high. I remember, about 15-20 years ago, when a board member owned one and many of us were convinced that it was issued as some sort of commemorative card sometime between 1900 and 1910. I have yet to see any evidence that convinces me otherwise.

[calvindog]

Originally Posted by oldjudge

I agree with Jeff! Ryan's E107's did great --congratulations Ryan. The Ruth rookie was weak. I believe the exact same card sold in Goldin in October of 2023 and over the year period the price dropped almost exactly 20%. I also think that the reserve on the Reccius Wagner was too high. I remember, about 15-20 years ago, when a board member owned one and many of us were convinced that it was issued as some sort of commemorative card sometime between 1900 and 1910. I have yet to see any evidence that convinces me otherwise.

Just the flip. . Even Joe T couldn’t push that dog over the finish line and that says a lot. The consigner should have taken that result and run, thankful that the people bidding on it didn’t know its history.

[puckpaul]

That Recchius was a little ridiculous, no? Seemed very contrived that that one-off “card” , whose date is unproven, can be considered a rookie card by “Joe T”. It’s not part of a set or anything. At best it’s like a photo or a cabinet. Cannot believe it had a higher reserve than that price. I dont know if it gets close to that price again.

The auction was good, i picked up two items, another DS Greenburg error card, nice looking and reasonable price, and the Speaker 1912 Boston American series. I have started to add some Speaker items to my collection, a favorite of mine.

[calvindog]

There’s enough people with money in the hobby who don’t know what they’re doing. And even they knew enough not to hit that reserve on the Reccius.

[e107collector]

Great auction, but prices are softening on certain cards/ players.

I wished the E107 set was sold off as individual cards, but oh well.

I really liked the Ruth type 1 rookie photo and the Ruth/Gehrig signed goudeys.

[Rhotchkiss]

Originally Posted by e107collector

G
I wished the E107 set was sold off as individual cards, but oh well.

We spent a lot of time discussing how to best sell a set like this. Ultimately, I decided it was best --for me, as consignor (bc frankly that's all I cared about here-- to sell as a complete set. I think it was the right decision.

[Rhotchkiss]

Originally Posted by calvindog

Just the flip. . Even Joe T couldn’t push that dog over the finish line and that says a lot. The consigner should have taken that result and run, thankful that the people bidding on it didn’t know its history.

I agree 100%. I consigned my e107 set to buy the Reccius, but, after
reading all the net54 discussions from years ago, and after some deep research on my own, including buying Louisville directories from 1898 and 99 and then spending a few hours on the phone with a guy from the Louisville archives, I became doubtful of the issuance date and decided it was not the item to take such a financial risk on. I put in an initial bid (at like $300k) anc did not bid again. It’s an amazing piece, no doubt, but it’s got some “hair” and I too would have taken the money and walked.

I am totally thrilled with the number my e107 set got, which exceeded expectations.

Of the items I was watching/following, they did well or ended within 10% of what I thought - D322 Wagner, Ty Cobb back, the 1915 Ruth photo (amazing item), signed Clemente rookie, etc. The t216 Mino Wagner and W600 blew away my estimates - holy crap on both; looks like I may have to consign my w600 Wagner and Plank rookies!

Some of the smaller items I was following came in a little below expectations. But I am not surprised - the market is off right now with lots of economic uncertainty and negative momentum in cards (most things down over the last year). I think pricing cards right now is a little like trying to catch a falling knife, and people don’t like catching those!! I would say this has been happening in all auctions I follow, including REA, Heritage, Mile High, LOTG, etc. As Jeff said, the super special stuff does well and everything else does fine but is all over the place with some exceeding and some disappointing.

All in all, I thought it was a really great auction with very solid results. Great start for Goldin- no doubt they have established themselves as a legit seller of vintage items.