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  #1  
Old 11-11-2011, 09:38 PM
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Jeffrey Lichtman
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Quote:
Originally Posted by Runscott View Post
I don't really understand the outbid thing. I generally put in my ceiling bids and walk away - if anyone wanted to pay more than what the cards were worth, they were welcome to them.

What's the strategy behind putting in a bid below what you're willing to pay, and waiting to be outbid?
Well, considering that there is an active federal grand jury investigation of the once biggest auction house committing massive fraud which included raising bids to the ceiling levels placed by bidders, I'd say "not getting defrauded" would be the strategy of choice.
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Old 11-11-2011, 09:47 PM
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Jeff,

OK, whatever. Besides that, what would be the reason?
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  #3  
Old 11-11-2011, 09:52 PM
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What's the strategy of walking outside with an umbrella when it's raining? I never really understood that one either.
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  #4  
Old 11-11-2011, 09:55 PM
Kenny Cole Kenny Cole is offline
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Buzzkiller.
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  #5  
Old 11-11-2011, 10:16 PM
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Originally Posted by calvindog View Post
What's the strategy of walking outside with an umbrella when it's raining? I never really understood that one either.
LOL!

---

Seriously though, I like tossing in low or medium bids as placeholders to come back to later once you can see how the bidding is shaping up...

Steve
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  #6  
Old 11-12-2011, 08:24 AM
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What's the strategy of walking outside with an umbrella when it's raining? I never really understood that one either.
Sorry I asked. It was a serious question and I'm sure it isn't simply your strategy to avoid the auction house screwing you with a shill. Or are you really that paranoid?
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Old 11-12-2011, 08:26 AM
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Sorry I asked. It was a serious question and I'm sure it isn't simply your strategy to avoid the auction house screwing you with a shill. Or are you really that paranoid?
I don't know -- have you represented any witnesses in any pending grand juries which are investigating shill bidding of auction houses? Or did you just stay in a Holiday Inn Express last night? I can tell you unequivocally (that means I'm not pretending I know something because I'm sitting behind a computer while writing on a chat board) that auction houses have looked at the ceiling bids of its customers and run the price up to that bid.

Last edited by calvindog; 11-12-2011 at 08:28 AM.
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  #8  
Old 11-12-2011, 08:38 AM
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Quote:
Originally Posted by calvindog View Post
I don't know -- have you represented any witnesses in any pending grand juries which are investigating shill bidding of auction houses? Or did you just stay in a Holiday Inn Express last night? I can tell you unequivocally (that means I'm not pretending I know something because I'm sitting behind a computer while writing on a chat board) that auction houses have looked at the ceiling bids of its customers and run the price up to that bid.
Calvin - I asked a question, it got some discussion going from intelligent board members. That's all I was looking for.

Kenny, etc. - thanks for the responses.
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Old 11-12-2011, 08:41 AM
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Scott, and I'm serious -- I think many, many bidders don't leave ceiling bids on auctions because of the fear of fraud by the house. I suspect most would tell you that. It sucks that with the houses ending auctions at 5 am that leaving ceiling bids is not done due to the potential fraud which only serves to keep prices down. But the auctioneers have no one to blame but themselves.
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Old 11-11-2011, 09:54 PM
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Default Very excited about this pickup

Loving this card... Now I'll have to sell some stuff to afford it! Who needs Gypsy Queens?


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  #11  
Old 11-11-2011, 11:52 PM
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Loving this card... Now I'll have to sell some stuff to afford it! Who needs Gypsy Queens?


I think I'm getting sick. That was one of the 1872 cdv set that I sold about eight years ago, like an idiot. Those were really great little albumen cards.
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Old 11-12-2011, 10:17 AM
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Default sorry scott

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I think I'm getting sick. That was one of the 1872 cdv set that I sold about eight years ago, like an idiot. Those were really great little albumen cards.
Sorry that you let these go some time ago Scott. I'm super excited about acquiring it. I tried to get the Andy Leonard that sold as well... but it really jumped out of my price range.

Since there are only a handful of these out there and most are graded SGC AUTH, I'm just really excited to get this one that's graded a SGC 10/1.
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  #13  
Old 11-12-2011, 02:16 PM
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Originally Posted by cozmokramer View Post
Sorry that you let these go some time ago Scott. I'm super excited about acquiring it. I tried to get the Andy Leonard that sold as well... but it really jumped out of my price range.

Since there are only a handful of these out there and most are graded SGC AUTH, I'm just really excited to get this one that's graded a SGC 10/1.
It's funny how things go back and forth with their popularity. The original group was missing only Barnes, the Wrights and Spalding. I thought I was getting a steal, and ended up breaking even by the time I had sold all of them. I believe I held Leonard and McVey the longest.

Glad you got hold of one.

The auction strategy discussion was interesting. I quit reading after Calvin replaced me with a straw man. Discussions aren't meant to be 'won' - my apologies to all of you for reading past his first post, and for responding to any of them.
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Old 11-12-2011, 02:56 PM
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I believe there are actually 15 players known from the 1872 Warren street clothes CdVs. They are H. Wright, G. Wright, Spalding, Barnes, Leonard, O'Rourke, Manning, Schafer, White, Birdsall, Sweasy, McVey, Gould, Rogers, and Ryan.
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  #15  
Old 11-12-2011, 03:41 PM
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Quote:
Originally Posted by Runscott View Post

The auction strategy discussion was interesting. I quit reading after Calvin replaced me with a straw man. Discussions aren't meant to be 'won' - my apologies to all of you for reading past his first post, and for responding to any of them.
So you quit reading -- but kept responding to the posts? Maybe Kreskin was helping you. And I hate to inform you, Scott, but you lost that "discussion" pretty badly.
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Old 11-12-2011, 07:23 AM
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Quote:
Originally Posted by calvindog View Post
Well, considering that there is an active federal grand jury investigation of the once biggest auction house committing massive fraud which included raising bids to the ceiling levels placed by bidders, I'd say "not getting defrauded" would be the strategy of choice.
Must be a very complex case if said allegedly active investigation is now into its fourth year.
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  #17  
Old 11-12-2011, 08:24 AM
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Happens all the time. Not every case is considered as important as a ticking time-bomb terror case.
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  #18  
Old 11-12-2011, 09:15 AM
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Happens all the time. Not every case is considered as important as a ticking time-bomb terror case.
Does the grand jury get together once a year for coffee?
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  #19  
Old 11-12-2011, 08:26 AM
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Sadly couldn't bid on the Victory
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  #20  
Old 11-12-2011, 08:28 AM
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Sadly couldn't bid on the Victory
I specifically thought about you when I saw that card. Sorry, bud.
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  #21  
Old 11-12-2011, 08:43 AM
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I specifically thought about you when I saw that card. Sorry, bud.
Thanks man, any plans on bidding were destroyed after 8 days without power and below freezing nights, it was surreal to say the least. In a span of two months almost two weeks without power from the hurricane and this brutal nor easter. Never again, bought a generator, five gas cans and having the electrical box hooked up so just have to plug in outside and start it and will have power. During the outage only thoughts were staying warm and getting the kids fed, although I did have thoughts of the Victory every now and then lol.
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