Guesses on the T208's tonight?

[rman444]

In addition to the economy and the volume currently available, I think other factors are:

1) Back variations - I don't know if a bunch of back collectors have left the market over the past couple of years or if paying huge premiums for back variations and common fronts has just lost its luster, but back collecting today is just not what it was before from my experience.

2) Population does not equate with valuations - I think that a few people may have realized that each of T208s is far from unique (3 to 4 or more of each known) and that they might not deserve the crazy multiplier that prior sales may have suggested when compared to D359s or E104s which are not quite as rare, but certainly not orders of magnitude more plentiful.

[barrysloate]

I think the price of $20,400 for a single comon at the National threw everyone off. Take away that one sale, and last night's results wouldn't look nearly as bad.

[toppcat]

Originally Posted by rman444

2) Population does not equate with valuations - I think that a few people may have realized that each of T208s is far from unique (3 to 4 or more of each known) and that they might not deserve the crazy multiplier that prior sales may have suggested when compared to D359s or E104s which are not quite as rare, but certainly not orders of magnitude more plentiful.

Don't forget that people also collect type runs of T cards (Hi Leon!) and it only takes a few collectors needing one to set things off and running price-wise. And four grand for a common is pretty amazing no matter what.

[chiprop]

Does anyone know who puchased a single T208 last night? As of yet, no one has aknowledged buying one.

[rman444]

Good points Barry and Dave. There are very few sets where commons sell in the $3-4k range. Even if we assume that last night's results were in line with market reality rather than low, the T208 set would still be the #1 T-set with respect to valuation by a pretty decent margin.

[Leon]

Originally Posted by rman444

Good points Barry and Dave. There are very few sets where commons sell in the $3-4k range. Even if we assume that last night's results were in line with market reality rather than low, the T208 set would still be the #1 T-set with respect to valuation by a pretty decent margin.

I can think of one T set where a common would probably go for more....

[Wesley]

Originally Posted by Leon

I can think of one T set where a common would probably go for more....

T215 Pirate ?

[calvindog]

Well, all their prices were not weak:

http://www.legendaryauctions.com/Lot...x?lotid=101747

Still trying to understand this one.

[barrysloate]

That E98 Brown makes no sense. My guess is two bidders chased it all night. That's usually the pattern in these cases.

[E93]

Originally Posted by calvindog

Well, all their prices were not weak:

http://www.legendaryauctions.com/Lot...x?lotid=101747

Still trying to understand this one.

That is an easy one. It was bid up by two dealers who know how to remove stains and iron out wrinkles, thus turning a vg/ex card into a nm or better card.
JimB

P.S. If you think Legendary is shill bidding now, with an ongoing FBI investigation into that practice, you must be smoking something.

[Leon]

Originally Posted by Wesley

T215 Pirate ?

make that 2

[Jacklitsch]

T221

Edit: PM with addy for the meelion.

[canjond]

Originally Posted by Leon

make that 2

Hmmm T231...

[Anthony S.]

I'm wondering if the timing was also a factor. We're entering a time of year that's pretty hectic with a slew of major holidays/events all coinciding over a 5 week period (Thanksgiving, Christmas, Hanukkah, New Years) that can be quite expensive for alot of folks when you take into account traveling, plane tickets, Christmas gifts (my sisters pop out kids like Pez dispensers, I'm losing track), Black Friday spending binges, hospitalization after New Years Eve, etc.

[tedzan]

Here's the grand total (with juice)

..52.5 K.........PLANK
..40 K...........COLLINS
..10 K...........BENDER
....7 K...........BAKER (is actually Cy Seymour)
--------
109.5 K
..48.8 K.........14 A's cards (Lord is actually Magee....Morgan is actually Bowcock)
--------
158.3 K


I declare Steve Murray the WINNER.......Leon owes you a "meelion" ! ?


TED Z

[Leon]

Originally Posted by rman444

In addition to the economy and the volume currently available, I think other factors are:

1) Back variations - I don't know if a bunch of back collectors have left the market over the past couple of years or if paying huge premiums for back variations and common fronts has just lost its luster, but back collecting today is just not what it was before from my experience.

2) Population does not equate with valuations - I think that a few people may have realized that each of T208s is far from unique (3 to 4 or more of each known) and that they might not deserve the crazy multiplier that prior sales may have suggested when compared to D359s or E104s which are not quite as rare, but certainly not orders of magnitude more plentiful.

I think both things you say are correct. I hope back collecting continues to fall out of favor. As I told a newbie in a thread recently: One of the main things to do is collect what you enjoy. That way regardless of monetary value you still have something you like. Because of my own desire to have a variety of cards I doubt I will ever be a mainstream set collector. It just doesn't do it for me. Also, as a type collector, values can easily be swayed. If one or two folks aren't bidding something could go for pennies on the dollar that I just paid a boatload for. It comes with the territory.....