REA results - 12/8/24

[bleeckerstreetcards]

fell short on some of the 14 CJ's but did get this fun consolation to pair with my signed Jackie's

[Fuddjcal]

Originally Posted by Snapolit1

If I am going to drop 30k on a card, it won’t have a chunk missing from it.

not even if it's "fresh to the hobby" or "newly discovered"?

[Webster]

Very pleased with this pick-up:

KbatCab.jpg

[riggs336]

I got left in the dust on everything except this Mitchell... which I'd been chasing quite a while.

[t206fanatic]

Great pickups everyone.

Was fortunate after some spirited bidding to win the t215, centering savant approved.

[ccre]

Originally Posted by Webster

Very pleased with this pick-up:

Attachment 643199

I sure thought this was going to be mine. Bidding was so quiet for so long on it. But congrats, it's a beauty!

[Casey2296]

Originally Posted by t206fanatic

Great pickups everyone.

Was fortunate after some spirited bidding to win the t215, centering savant approved.

Fantastic Jeff, we're all jealous.

[Rhotchkiss]

Originally Posted by t206fanatic

Great pickups everyone.

Was fortunate after some spirited bidding to win the t215, centering savant approved.

GREAT pickup Jeff!

So question, is it numerically graded bc PSA screwed up or bc it actually came from a pack? I always thought every known T215 pirate (except maybe the complete set) was hand cut.

[srik]

Nice win Jeff! That's a beaut.

[tjisonline]

My lone REA win out of 8 lots.

M101-2 Joe Wood

[brass_rat]

Ryan,

I can't imagine this Meyers was hand cut...

[gabrinus]

Cool pickups everybody...like those T215 Pirate backs...went after the T208 Cullivan and T214 Victory but gave up...Jerry

[Aaron Seefeldt]

I’m grateful to be able to acquire these.

[Lobo Aullando]

Originally Posted by raulus

I’m guessing the centering savants decided this one was worth going nuts on.

It's a level of genius some will simply never understand, I guess.

[Brownie33]

Was able to snag this 1912 Red Sox Art Shop Real Photo Postcard. Been searching for the right copy for a while. The letter on the back is what reeled me in!

[mrreality68]

Originally Posted by Aaron Seefeldt

I’m grateful to be able to acquire these.

Congrats Aaron

Great pickups I lost to you on some of them and I am glad you got them

[Natswin2019]

Originally Posted by bleeckerstreetcards

fell short on some of the 14 CJ's but did get this fun consolation to pair with my signed Jackie's

This is a great card, especially with your signed jackies.

[Natswin2019]

Great pick ups everyone. I mostly sat on the sidelines on this one as everything I wanted I got out bid on pretty quickly but Ill take my wins LOTG's fall auction as consolation.

[Hankphenom]

Originally Posted by Aaron Seefeldt

I’m grateful to be able to acquire these.

Is the Sophomore Clothes a PC, Aaron? Never seen that before. And the WaJo photo is not too shabby, either! Great stuff, everybody, what a bunch of eye candy, but what does one expect from REA? Such a treat to see these things.

[Aaron Seefeldt]

Thank you Jeffrey and Hank.
And Hank I’m not entirely sure regarding the Sophomore Perfect Clothes but I think it’s an advertising card, not a postcard.

[Kevlo17]

Great pickups! I was the underbidder on that Wajo photo - great shot!

[Leon]

Originally Posted by Aaron Seefeldt

Thank you Jeffrey and Hank.
And Hank I’m not entirely sure regarding the Sophomore Perfect Clothes but I think it’s an advertising card, not a postcard.

It is in fact an advertising card. I think I have 3 different ones in my collection. They have blank backs. Nice pick up on that one, Aaron. If I didn't have some (different ones) it would have cost you a little more.
.

[3-2-count]

Jeff L, Leon, A.J, Sam & Jeff P - many thanks fella's.

[Belfast1933]

Originally Posted by Aaron Seefeldt

I’m grateful to be able to acquire these.

Congratulations, most especially for adding that Jim Thorpe! I was watching that one very closely from the other point of view.

[Aaron Seefeldt]

Thank you Kevin, Leon, & Jeff. Leon, thank you for not bidding it up more!

[calvindog]

Originally Posted by t206fanatic

Great pickups everyone.

Was fortunate after some spirited bidding to win the t215, centering savant approved.

You're welcome!

[gunboat82]

Originally Posted by uniship

That’s the only reason it’s not in the stratosphere. Everything else about that card is strong. Missed opportunity for small guys like me. Whoever won that please dm me if interested in quick profit.

Ps - about 10 years ago, I bought a ruth rookie for 18 grand from Goodwin and it too was missing about 15% of the card. Many of you know the card I’m taking about. I sold it a few years later for just shy of 50 grand - and today it’s clearly a six figure card.

Iconic cards that are missing a little bit - are opportunities to get into the exclusive ownership fraternity!

This is listed on Facebook now for $42.5K.

[Schwertfeger1007]

I went pretty hard after the N173 Ned Hanlon but it was clear that someone wanted it more.

[ajjohnsonsoxfan]

Originally Posted by gunboat82

This is listed on Facebook now for $42.5K.

Yes Ash has both the JJ and Wags for sale post auction. Eric there's your chance!

[parkplace33]

Originally Posted by gunboat82

This is listed on Facebook now for $42.5K.

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

[ullmandds]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

maybe they didn't mean to win the card...and are now regretting it?

[CardPadre]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

Originally Posted by ullmandds

maybe they didn't mean to win the card...and are now regretting it?

That guy is a reseller, it's what he does. Apparently he thought it was a deal. He's the guy who had the $2 million worth of cards stolen in Dallas.





.

[parkplace33]

Originally Posted by ullmandds

maybe they didn't mean to win the card...and are now regretting it?

On a 31k card? Hell of a mistake if true.

[jsfriedm]

Originally Posted by CardPadre

That guy is a reseller, it's what he does.

Sounds like the parable of the scorpion and the frog.

[gunboat82]

Originally Posted by parkplace33

On a 31k card? Hell of a mistake if true.

When you have that kind of capital and following, there are no mistakes. Only profits and slightly lower profits.

[scooter729]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

That is usually his business model. Find cards that he thinks were sold cheap in an auction, or pick things up at shows, and look to flip them immediately online or at a show.

I don't understand how it can work, since REA items get exposure to pretty much anyone who would be in the market for items in that price range - but he keeps doing it, so it must be working.....

[BRoberts]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

Obviously this was one of the 125-150 lots that sell for below market value in every REA auction. It probably wasn't marketed well and/or didn't have good placement in the catalog (probably on Page 241). If you have an eBay store, let alone since 1998, and attend shows, it's only logical that you'd buy many of these massive bargains and quickly turn around and sell them for a profit.

[x2drich2000]

Originally Posted by scooter729

That is usually his business model. Find cards that he thinks were sold cheap in an auction, or pick things up at shows, and look to flip them immediately online or at a show.

I don't understand how it can work, since REA items get exposure to pretty much anyone who would be in the market for items in that price range - but he keeps doing it, so it must be working.....

You would be surprised by the number of people who don't know about or don't trust the auction companies. There are also a lot of folks who refuse to look at auctions simply because of the BP. You and I might not get it, but that's how some people are.

[parkplace33]

Originally Posted by gunboat82

When you have that kind of capital and following, there are no mistakes. Only profits and slightly lower profits.

I am not as familiar with 1914 CJs. Were these massive bargains?

[tjisonline]

Originally Posted by parkplace33

I am not as familiar with 1914 CJs. Were these massive bargains?

Probably not at this time for those. If they were bargains, each would have sold higher.
Just my opinion.

[raulus]

Originally Posted by scooter729

That is usually his business model. Find cards that he thinks were sold cheap in an auction, or pick things up at shows, and look to flip them immediately online or at a show.

I don't understand how it can work, since REA items get exposure to pretty much anyone who would be in the market for items in that price range - but he keeps doing it, so it must be working.....

Sorta confuses me a bit too. I wouldn’t expect to be able to routinely turn around resell a piece at a big markup. But apparently it’s working for some sellers, in spite of my skepticism.

And I think this highlights how auctions don’t always deliver the highest and best price. Whether that’s because some people don’t touch auctions, or because the piece is just that rare and awesome, and buyers will pay whatever you’re asking. And maybe it’s both, plus other factors that drive this dynamic.

[Johnny630]

I wouldn’t expect Cracker Jack stars to be missed by many in one of REA’s big auctions. Three days later asking 30% more seems a little odd I don’t know 🤷*♂️

[tjisonline]

Originally Posted by Johnny630

I wouldn’t expect Cracker Jack stars to be missed by many in one of REA’s big auctions. Three days later asking 30% more seems a little odd I don’t know ��*♂️

The 1914 CJ set (& even 1915 to an extent) has zero commons at this point. Sure I’m being sarcastic, but it’s true … dollar-wise. If any cards were missed.

[ajjohnsonsoxfan]

Don't know about the 15's but there weren't many (if any at all) bargains with the 14's. Many set new record high's. I think the strategy with the JJ is that maybe some of his clientele missed the auction and would be willing to pay a premium over the auction price. If not now, market will catch up to ask quickly with the way 14's are running.

[JollyElm]

The guy is obviously 'Re-listing for the fences!!!'

Rightfully annoying to many of us on a base, knee-jerk level, but if it works out then we could be looked at as the greater fools in this crazy game of collecting.

[Peter_Spaeth]

Most people don't have infinite money to spend in every auction. So it could often be the case that someone who was willing to go higher even a lot higher on a given card had other priorities in that auction, or elsewhere, or was just maxxed out temporarily. While it's relatively unlikely Ashish is just going to flip a card a few days later for a substantial profit, eventually that buyer might be willing and able to pay more and get that card he had to pass on earlier. And as a dealer Ashish also can do trades and package deals. So it's not all that surprising that this model could work out, especially given time.

[Leon]

So true.

I spent 25% more on a low five figure card 4 months after it sold at public auction. At the time, I was going for a much more expensive card but lost out. I am still glad to have the runner up card in my collection even at a much costlier price.

Originally Posted by Peter_Spaeth

Most people don't have infinite money to spend in every auction. So it could often be the case that someone who was willing to go higher even a lot higher on a given card had other priorities in that auction, or elsewhere, or was just maxxed out temporarily. While it's relatively unlikely Ashish is just going to flip a card a few days later for a substantial profit, eventually that buyer might be willing and able to pay more and get that card he had to pass on earlier. And as a dealer Ashish also can do trades and package deals. So it's not all that surprising that this model could work out, especially given time.

[Jewish-collector]

Originally Posted by parkplace33

Why would someone try to sell a card two days after it sold in auction? Was it that much of a bargain price?

It happens all the time with the shiny stuff at lower values, but I can't figure out why the hell he's doing it with high end vintage cards.