Goodwin & Co. Auction Results

M's_Fan · #1 09-24-2010, 11:09 AM

Man I wish I would have held off buying earlier in the year as the bargains have come out later... The market for cards continues to soften which is bad for the value of the collection but good for future buying needs...

DixieBaseball · #2 09-24-2010, 11:20 AM

Tennessee boy :

bcbgcbrcb · #3 09-24-2010, 12:01 PM

IMHO the high starting price on the Novelty Cutlery Speaker caused the final hammer price to go well above what this card has sold for in the past while also taking into account the soft economy that we are experiencing. The final price including juice was $4,100+ and another bid would have brought it to over $4,500 which is why I backed off. I believe that it is around a $3,000 card during good times.

quinnsryche · #4 09-24-2010, 12:09 PM

Don't things (houses, cars, baseball cards etc.) usually sell for less in a bad economy, not more? Can you please explain as I think I might be missing something there. If the card sold for $4K isn't it then currently worth $4K (at least to a small group of collectors)?

bcbgcbrcb · #5 09-24-2010, 12:59 PM

You would think so, Tony. I actually have been trying for 5 years to add this card to my collection and just to get it off of my wantlist and into my collection, I felt that I "overbid" at $3,700+ but there was no way that I would go over $4,000 for it. I guess that there is one individual out there that was willing to go over $4,000 though........

Rob D. · #6 09-24-2010, 01:13 PM

Quote:

Originally Posted by bcbgcbrcb

You would think so, Tony. I actually have been trying for 5 years to add this card to my collection and just to get it off of my wantlist and into my collection, I felt that I "overbid" at $3,700+ but there was no way that I would go over $4,000 for it. I guess that there is one individual out there that was willing to go over $4,000 though........

I agree that you likely ran into a collector who was willing to overpay for the card. How that's tied to a soft economy or the starting bid, I don't understand.

bcbgcbrcb · #7 09-24-2010, 01:24 PM

I think that the "soft" economy is a general statement that I think most everyone would agree with should yield lower than expected prices on MOST items when comapred to those of a stronger economy. My personal scenario is that in almost every auction that I participate in as a bidder, there is only one item or two at the most that I am interested in which probably differs greatly from most members on this board. So you have to understand that I am gauging my opinion on a very small sample of the overall population.

I still believe, without a doubt, the final price stands a much better chance of ending higher with a higher opening bid than one at 25% of fair market value, as has been the auction houses' norm in the past. I have seen it happen to me too many times from the consignor end to ever agree to anything different.

Matthew H · #8 09-24-2010, 01:34 PM

Quote:

Originally Posted by bcbgcbrcb

You would think so, Tony. I actually have been trying for 5 years to add this card to my collection and just to get it off of my wantlist and into my collection, I felt that I "overbid" at $3,700+ but there was no way that I would go over $4,000 for it. I guess that there is one individual out there that was willing to go over $4,000 though........

Quote:

Originally Posted by Yankeefan51

If we could only turn back the clock...

...We learned that one can never pay too much for ultra rare quality material.
Our new strategy has enabled us to acquire more than 30 additions to
America's Toughest Want List since Memorial Day.

-

scottglevy · #9 09-24-2010, 01:49 PM

can some explain this.....

how a burch in a '2' with a cycle back sells for 400+ or a hindu 4 for 900+

It simply makes no sense to me?! By the way....if you feel sad that you were the underbidder, please contact me immediately ... i"ve got around 300 cards available for sale (only half-joking here)

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