Honus Wagner t206 in Goldin tomorrow (6/21/25) - what will it sell for?

[cardsagain74]

I know I'm in the minority here, but I don't get why this was ever expected to be a $ 5-6 MM card.

That situation at the top border could've easily tipped it from barely a PSA 1 to an A. And then 4.15 million would've seemed like a healthy enough bid.

So this doesn't seem like anything wrong with the marketplace. More like a typical buy the card, not the grade.

[Lorewalker]

4 million plus seems like a solid price to pay for a 1...this coming from someone who is not in the market for one. Most bidders do not love the concept of a reserve, hidden or otherwise. And while I get that the consignor preferred one be used, they might have cost themselves a sale unless of course they told Ken, I need X mil or I am not a seller.

One has to wonder if the top bids were even from the public or internal bids trying to get action on the card and to drive it to where the reserve was met.

Sale or no sale it was good PR for the house.

[oldjudge]

Ryan’s card, Ryan’s choice. If it goes up from here it was a good decision, if not it wasn’t.

[mrreality68]

I agree each consignor has a right to do reserve if they choose or “let it ride”.

Especially the higher the value of the card the higher risk/reward.

Amazing what the bidding was without a winner.

And I am sure when and if he decides to sell at auction or in private he will get what he is asking price wait until he gets it

All the other Wagners were strong prices

[oldjudge]

Does anyone know how Goldin treats reserves? I know some auction houses bid against reserves and some just take the bid to one increment below the reserve so that the next bid exceeds it. I assume that also some auction houses do nothing and just see if the final bid exceeds the reserve.

[Aquarian Sports Cards]

Originally Posted by oldjudge

Does anyone know how Goldin treats reserves? I know some auction houses bid against reserves and some just take the bid to one increment below the reserve so that the next bid exceeds it. I assume that also some auction houses do nothing and just see if the final bid exceeds the reserve.

In their terms and conditions they state that they may bid an item up to just under the reserve.

"vii. Goldin may place bids below the reserve on behalf of the Seller, either consecutively or in response to other bids."

[oldjudge]

Then do we know if the bid at $4.15 million was a house bid or a third party bidder?

[dariushou]

Originally Posted by Aquarian Sports Cards

In their terms and conditions they state that they may bid an item up to just under the reserve.

"vii. Goldin may place bids below the reserve on behalf of the Seller, either consecutively or in response to other bids."

Did Goldin state while bidding that the auction had a reserve or was it a silent reserve? If it was a silent reserve and they can bid against it then that is some fishy ass shit. In my opinion at least.

[Lorewalker]

Originally Posted by oldjudge

Ryan’s card, Ryan’s choice. If it goes up from here it was a good decision, if not it wasn’t.

Not since I have been in the hobby has a Wagner gone down but not sure what up from here means. This is a DNS so not sure up or down from here is relevant.

Since GA can bid up to the reserve how many bids did they place and odds are that the high bid was theirs.

[BillyCoxDodgers3B]

Originally Posted by oldjudge

If it goes up from here it was a good decision, if not it wasn’t.

Considering that the card only goes up from past valuations, I guess it's safe to say that it will fare better in the future. It's a pretty nice item to have to hang on to for a bit longer.

[oldjudge]

Like any other asset--it only goes up till it doesn't.

[Aquarian Sports Cards]

Originally Posted by BillyCoxDodgers3B

Considering that the card only goes up from past valuations, I guess it's safe to say that it will fare better in the future. It's a pretty nice item to have to hang on to for a bit longer.

Did it go up in a no sale? I would maintain it did not, especially not knowing what the highest binding bid was.

[Rhotchkiss]

My card. I was only willing to sell it if I got my price, thus the reserve. My contract reserve was substantially higher than where it ended. We discussed at length whether we start the auction at my reserve or whether we run a process, etc. Ultimately, we decided to start the bidding at $2mm.

I think Goldin did an amazing job marketing the card. In the end, the card is not yet worth what I am willing to part with it at. I don’t intend to comment further.