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

[bcbgcbrcb]

Agree with you. Minimum bid at the lowest price you would accept is the way to go. Nobody can question anything then. To the contrary, I’ve never seen a sports AH start an auction with a minimum bid as high as yours would have been. They will always sell the point that it is better to get multiple bidders involved. Thus, the door is wide open then for any type of manipulation that can possibly happen.

One question, do we know definitively whether VCP picks up that auction result in their data. Maybe Bobby can answer that?

[oldjudge]

They shouldn't--the number is meaningless

[Johnny630]

When you have this level of the card, there is only a slim, slim base of actual potential buyers who can and would want to spend that kind of money on an asset that is not as easily liquid at a price and time said wealthy investors would want.

To me too risky to put this kind of money on said asset at this time with us equities and real estate potentially going lower in the upcoming couple of years.

[parkplace33]

Originally Posted by Johnny630

When you have this level of the card, there is only a slim, slim base of actual potential buyers who can and would want to spend that kind of money on an asset that is not as easily liquid at a price and time said wealthy investors would want.

To me too risky to put this kind of money on said asset at this time with us equities and real estate potentially going lower in the upcoming couple of years.

Correct. This environment must definitely affected the price.

[cardsagain74]

Has there ever been such a high profile card up for "auction" at the major houses (where the reality was much closer to an overpriced BIN situation, so it didn't come close to selling?)

Hope this never becomes more of a norm. Not a good look for the industry.

[bcbgcbrcb]

REA Baltimore News Ruth last year

[Carter08]

Originally Posted by bcbgcbrcb

REA Baltimore News Ruth last year

I thought that sold - could be wrong

[benjulmag]

Any bidding process that allows the AH the right to bid on the consignor's behalf, regardless of the reserve being disclosed at the outset of bidding, is an invitation for manipulation. Why? Because under such a system bidders have no way of knowing if any particular bid was placed by the AH on the consignor's behalf or was bid by a genuine third-party bidder prepared to purchase based on that hammer bid. Disclosure by the AH of any reserve can somewhat reduce the likelihood of future manipulation, at least at that price level where the reserve has been disclosed and reached, and the bidding has reached a level around what the market expected the item to fetch pre-bidding. However, even in that instance, a bidder would still run the risk that the only reason the reserve was reached was because a prior bid had been induced based on the false assumption by that bidder that he/she was bidding against a real third-party bidder and not the AH.