REA results - 12/8/24

[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.

[ajjohnsonsoxfan]

Don't know about the 15's but there weren't many (if any at all) bargains with the 14's. Many set new record high's. I think the strategy with the JJ is that maybe some of his clientele missed the auction and would be willing to pay a premium over the auction price. If not now, market will catch up to ask quickly with the way 14's are running.

[JollyElm]

The guy is obviously 'Re-listing for the fences!!!'

Rightfully annoying to many of us on a base, knee-jerk level, but if it works out then we could be looked at as the greater fools in this crazy game of collecting.

[Peter_Spaeth]

Most people don't have infinite money to spend in every auction. So it could often be the case that someone who was willing to go higher even a lot higher on a given card had other priorities in that auction, or elsewhere, or was just maxxed out temporarily. While it's relatively unlikely Ashish is just going to flip a card a few days later for a substantial profit, eventually that buyer might be willing and able to pay more and get that card he had to pass on earlier. And as a dealer Ashish also can do trades and package deals. So it's not all that surprising that this model could work out, especially given time.

[Leon]

So true.

I spent 25% more on a low five figure card 4 months after it sold at public auction. At the time, I was going for a much more expensive card but lost out. I am still glad to have the runner up card in my collection even at a much costlier price.

Originally Posted by Peter_Spaeth

Most people don't have infinite money to spend in every auction. So it could often be the case that someone who was willing to go higher even a lot higher on a given card had other priorities in that auction, or elsewhere, or was just maxxed out temporarily. While it's relatively unlikely Ashish is just going to flip a card a few days later for a substantial profit, eventually that buyer might be willing and able to pay more and get that card he had to pass on earlier. And as a dealer Ashish also can do trades and package deals. So it's not all that surprising that this model could work out, especially given time.