REA results - 12/8/24

[uniship]

That’s the only reason it’s not in the stratosphere. Everything else about that card is strong. Missed opportunity for small guys like me. Whoever won that please dm me if interested in quick profit.

Ps - about 10 years ago, I bought a ruth rookie for 18 grand from Goodwin and it too was missing about 15% of the card. Many of you know the card I’m taking about. I sold it a few years later for just shy of 50 grand - and today it’s clearly a six figure card.

Iconic cards that are missing a little bit - are opportunities to get into the exclusive ownership fraternity!

Originally Posted by Snapolit1

If I am going to drop 30k on a card, it won’t have a chunk missing from it.

[Delray Vintage]

Is the 1910 Tip Top Wagner the affordable alternative to the T-206? Interesting that it is about as rare. Saw the 1 go for 36 on Heritage so 186 for the 5 seems fair.

[gunboat82]

Originally Posted by uniship

That’s the only reason it’s not in the stratosphere. Everything else about that card is strong. Missed opportunity for small guys like me. Whoever won that please dm me if interested in quick profit.

Ps - about 10 years ago, I bought a ruth rookie for 18 grand from Goodwin and it too was missing about 15% of the card. Many of you know the card I’m taking about. I sold it a few years later for just shy of 50 grand - and today it’s clearly a six figure card.

Iconic cards that are missing a little bit - are opportunities to get into the exclusive ownership fraternity!

This is listed on Facebook now for $42.5K.

[Schwertfeger1007]

I went pretty hard after the N173 Ned Hanlon but it was clear that someone wanted it more.

[ajjohnsonsoxfan]

Originally Posted by gunboat82

This is listed on Facebook now for $42.5K.

Yes Ash has both the JJ and Wags for sale post auction. Eric there's your chance!

[parkplace33]

Originally Posted by gunboat82

This is listed on Facebook now for $42.5K.

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

[ullmandds]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

maybe they didn't mean to win the card...and are now regretting it?

[CardPadre]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

Originally Posted by ullmandds

maybe they didn't mean to win the card...and are now regretting it?

That guy is a reseller, it's what he does. Apparently he thought it was a deal. He's the guy who had the $2 million worth of cards stolen in Dallas.





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[jsfriedm]

Originally Posted by CardPadre

That guy is a reseller, it's what he does.

Sounds like the parable of the scorpion and the frog.

[parkplace33]

Originally Posted by ullmandds

maybe they didn't mean to win the card...and are now regretting it?

On a 31k card? Hell of a mistake if true.

[gunboat82]

Originally Posted by parkplace33

On a 31k card? Hell of a mistake if true.

When you have that kind of capital and following, there are no mistakes. Only profits and slightly lower profits.

[parkplace33]

Originally Posted by gunboat82

When you have that kind of capital and following, there are no mistakes. Only profits and slightly lower profits.

I am not as familiar with 1914 CJs. Were these massive bargains?

[scooter729]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

That is usually his business model. Find cards that he thinks were sold cheap in an auction, or pick things up at shows, and look to flip them immediately online or at a show.

I don't understand how it can work, since REA items get exposure to pretty much anyone who would be in the market for items in that price range - but he keeps doing it, so it must be working.....

[x2drich2000]

Originally Posted by scooter729

That is usually his business model. Find cards that he thinks were sold cheap in an auction, or pick things up at shows, and look to flip them immediately online or at a show.

I don't understand how it can work, since REA items get exposure to pretty much anyone who would be in the market for items in that price range - but he keeps doing it, so it must be working.....

You would be surprised by the number of people who don't know about or don't trust the auction companies. There are also a lot of folks who refuse to look at auctions simply because of the BP. You and I might not get it, but that's how some people are.

[raulus]

Originally Posted by scooter729

That is usually his business model. Find cards that he thinks were sold cheap in an auction, or pick things up at shows, and look to flip them immediately online or at a show.

I don't understand how it can work, since REA items get exposure to pretty much anyone who would be in the market for items in that price range - but he keeps doing it, so it must be working.....

Sorta confuses me a bit too. I wouldn’t expect to be able to routinely turn around resell a piece at a big markup. But apparently it’s working for some sellers, in spite of my skepticism.

And I think this highlights how auctions don’t always deliver the highest and best price. Whether that’s because some people don’t touch auctions, or because the piece is just that rare and awesome, and buyers will pay whatever you’re asking. And maybe it’s both, plus other factors that drive this dynamic.

[Johnny630]

I wouldn’t expect Cracker Jack stars to be missed by many in one of REA’s big auctions. Three days later asking 30% more seems a little odd I don’t know 🤷*♂️

[tjisonline]

Originally Posted by Johnny630

I wouldn’t expect Cracker Jack stars to be missed by many in one of REA’s big auctions. Three days later asking 30% more seems a little odd I don’t know ��*♂️

The 1914 CJ set (& even 1915 to an extent) has zero commons at this point. Sure I’m being sarcastic, but it’s true … dollar-wise. If any cards were missed.

[BRoberts]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

Obviously this was one of the 125-150 lots that sell for below market value in every REA auction. It probably wasn't marketed well and/or didn't have good placement in the catalog (probably on Page 241). If you have an eBay store, let alone since 1998, and attend shows, it's only logical that you'd buy many of these massive bargains and quickly turn around and sell them for a profit.

[Jewish-collector]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

It happens all the time with the shiny stuff at lower values, but I can't figure out why the hell he's doing it with high end vintage cards.