BCB Auction now open for bidding

[Sterling Sports Auctions]

Brian, did you get your card values from VCP?

[Rich Klein]

"Offered here is a T206 Marquard Portrait card which grades G/Vg. The condition of the back of the card is clean with a Piedmont 350 advertisement. No Back Damage. A $1,300.00 card in Nm" Min bid $50.

How is that misleading in any way.

The seller is stating the NM value (which is usually a book value).
He is also stating the condition is G/VG (We can discuss that; but no claim is made that this is in great condition)
And the minimum bid is 4 percent of the stated book value.

As I like to say; let's jump on people when they do wrong; not when everything is described properly.

Rich

[Leon]

Originally Posted by Rich Klein

"Offered here is a T206 Marquard Portrait card which grades G/Vg. The condition of the back of the card is clean with a Piedmont 350 advertisement. No Back Damage. A $1,300.00 card in Nm" Min bid $50.

How is that misleading in any way.

The seller is stating the NM value (which is usually a book value).
He is also stating the condition is G/VG (We can discuss that; but no claim is made that this is in great condition)
And the minimum bid is 4 percent of the stated book value.

As I like to say; let's jump on people when they do wrong; not when everything is described properly.

Rich

Well said Rich......

[BobbyVCP]

I asked a legitimate question because none of the other auction houses use this in their descriptions. REA is the only one that I can think of that will put in a range for the value of the lot.

[Rich Klein]

But an important difference is that these are "raw" cards in a commonly traded set so book value can be pretty well established.

Most of the cards we see from the auctions houses are graded so they do have a different schematic in terms of value (In other words; it is easy to trace their history from a site such as VCP )

But, in this case; these are raw off-conditioned cards from a commonly traded set. No harm in listing a NM (Book) price so you have an idea as to percent of value the card could be worth.

Same principle if I break a 1967 Topps set. Other than I would not list the commons for the cheap price one by one; when I get to the Seaver RC (as an example); I might say; Card lists in NM at $400 (or whatever current book is), this card is in VG Condition. Min Bid is just 10 percent of NM price and we'll begin at $40. In both cases; in reality a good scan is just as important as the min bid so we can truly see what the damage is.

Again; nothing wrong with stating full book price for higher condition and creating an appropriate minimum bid. I'm sure Brian has made mistakes in the past and will do so in the future; in this case; he is fine

Rich


Rich

[drc]

In the old days, auctioneers often used to do it this way ("Nrmt Becket $120"), When the cards were grade Nrmt-Mt or Mt, the listed book price (Nrmt $100) was below the value of the card. The book quote was meant as a quick and dirty reference for bidders. As the practice was so prevalent at the time and most bidders subscribed to Beckett and knew the equations of Ex = 50% Nrmt, Vg =30% Nrmt etc, most bidders understood the meaning of the quote. In fact, the auctioneer often explained the financial meaning of the quote.

As I've seen this practice before, it doesn't bother me personally and I do not believe it is intended to be deceptive. If someone says an auction doing this should have a blurb somewhere explaining the Nrmt book quoting and what it means visa vie value, I would agree with that.

[JamesGallo]

To go along the same path it seems very likely that the

E90 Sweeney is trimmed at the top and or the bottom. Top is wavy, bottom has a sharp angle on the left corner.

http://www.bcbauctions.com/auction/p...ball-cards/43/

Since you had a card in your last auction that was obviously trimmed and even after I contacted you about it several times, you choose not to adjust the listing, I wonder if you would consider addressing this card this time around.

James G