REA: 4 Planks & 5 Magies

[Mrc32]

If you own one of those cards you are clearly an advanced collector and know that REA is the Rolls Royce of auctions. Therefore if you own one, you would want to sell it in their annual auction.

It is possible the economic downturn has impacted the holders of those cards and they are forced to sell now no matter what.

I wonder what REA's policy is about telling other consignors that there are duplicate items in the auction.

[Jim VB]

Originally Posted by Mrc32

I wonder what REA's policy is about telling other consignors that there are duplicate items in the auction.

With my consignments (basketball, not baseball), he couldn't be specific, but gave me a pretty good idea of what he had, at that time, that I'd be competing against. But that's no guarantee, because he may have received consignments anytime after I sent my stuff in.

[sgbernard]

I'd be interested to see if anyone has an opinion on this, but I might guess that, say, three Planks would bring a better price on each card than just one as buyers bid up to their limit on one card and then move on to the next best condition example that they can afford. I often notice on ebay that if a lot of five rare cards comes at once, they can sell for more than a single example from the same set.

[JP]

Rob told me exactly what other Planks were going to be in the auction when he made his pitch. He also gave me a preview of the writeup and asked me for my input on changes. I, of course, deferred to his wisdom. He truly is a standup guy in a hobby that has less and less each passing year.

Side note on Magies: as the pop report proves, they aren't THAT rare. Almost the same numbers graded as o'hara and demmitt.

[barrysloate]

JP- you bailed out on that Plank in like the blink of an eye. I thought you really loved it.

[Rob D.]

March 4, 2010: "I have no intention of moving this card. ... Plank is sticking with me unless a once in a lifetime opportunity arises."

Apparently the once-in-a-lifetime opportunity presented itself within weeks. Congratulations!

(To be clear: First and foremost, you can do whatever you want with your cards. And I'm actually thrilled you're flipping it in REA, because I had April 1 in the pool.)

[Wesley]

Good luck with your card in REA. With four Plank cards in REA and one in Heritage at the same time, I would be extremely nervous about the consignment. Hopefully you get a decent result.

[tbob]

Originally Posted by sgbernard

I'd be interested to see if anyone has an opinion on this, but I might guess that, say, three Planks would bring a better price on each card than just one as buyers bid up to their limit on one card and then move on to the next best condition example that they can afford. I often notice on ebay that if a lot of five rare cards comes at once, they can sell for more than a single example from the same set.

Seth- you are right on. That's what is happening with the 3 Demmitts on REA.

[JP]

I see 4 Demmitts. I'm lead bidder on one and can't see them going too much higher from here.

[calvindog]

This thread is hilarious, I can't believe I hadn't read it before now.

And JP, don't mind Rob, he's just commenting on the phenomena which has seemed to exist here for years in which every time some poster proudly posts his "once in a lifetime dream card which will never leave my collection" it ends up on the BST within hours.

If my memory serves me correctly it actually began with a Magie error PSA 1 with a huge amount of paper loss on the back. The buyer proudly displayed his dream card in its own special thread and after getting kudos for about 20 posts then put it on ebay with a BIN for 3x the purchase price -- without posting a scan of the badly damaged back.