Uncle Jimmy / Wheatland

[wilkiebaby11]

The auction looks to be going INSANE.
Some cards at 3x their typical comps.

1933 #181 Ruth PSA 1 typically selling around $2500, never hit over $3000 yet in the current Wheatland the bid is around $6000 with BP.
It's not just this card. 80% of the cards are 50%-200% over typical comps.

Did someone see the news article on the news one day and decide to go in and bid as if they don't have a clue that eBay and other avenues exist?

I'm just looking for discussion on what others think is going on with the bids with about 2 weeks left to bid too. I just can't see knowledgeable hobbyists or buyers paying these amounts. Im perplexed.

[Jcosta19]

I saw this as well and it had been like that since shortly after the bid open.

I can only assume your theory is correct, no other explanation makes sense.

The lot #1 t206 Red Cobb PSA2 Polar bear with a dent in the front and 2 markings on the back is at 5k.

It does have great centering but still crazy price.

Sent from my SM-G960U using Tapatalk

[Natswin2019]

Originally Posted by wilkiebaby11

Did someone see the news article on the news one day and decide to go in and bid as if they don't have a clue that eBay and other avenues exist?

I'm just looking for discussion on what others think is going on with the bids with about 2 weeks left to bid too. I just can't see knowledgeable hobbyists or buyers paying these amounts. Im perplexed.

I think this pretty much is the reason, it's getting lots of eyes from people who wouldn't normally get into card collecting who don't know what fair pricing is. For example, both my parents who know nothing about collecting have sent me 2 or 3 articles each about the collection because they saw it on the news or in the paper. So you get a few people like that who want in and boom. That plus the hype around the collection has got to be driving the prices crazy high.

[GeoPoto]

I'm surprised to think people with no knowledge/background in the hobby start out with a high-priced view of what cards go for. I would expect them to be amazed at the prices paid.

Sent from my moto g(6) using Tapatalk

[Aquarian Sports Cards]

Chuck has been masterful at getting press coverage for this auction. I imagine he's reaping the rewards. Also want to say that some of the grades seem brutal, and I don't even say that about my OWN auction items very often.

[hcv123]

Originally Posted by Aquarian Sports Cards

Chuck has been masterful at getting press coverage for this auction. I imagine he's reaping the rewards. Also want to say that some of the grades seem brutal, and I don't even say that about my OWN auction items very often.

I haven't taken a good look at the prewar, but certainly trust Scotts opinion - I have seen a couple of Bazooka panels cut WAY inside the black lines with number grades - I can only speculate in an effort to "catch up", PSA is moving WAY too quickly to "accurately" grade - resulting in mistakes apparently in both directions.

[Aquarian Sports Cards]

Yeah I know about the Bazookas, and especially for collectors like you that sucks. It's the Goudeys that caught my eye as being especially nice for their grades. Not all of course, but a much higher percentage than I would normally expect.

[Rhotchkiss]

The PSA 8 Jackie Robinson is dog shit. I wonder how much crack the PSA grader smoked before that card was graded... and, he must have crackhead friends because (allegedly) doesn’t at least two sets of eyes look at each card?

This is not a knock in any way on Wheatland. In fact, I think it’s a very nice auction and the prices are super (I agree crazy) strong.

[wilkiebaby11]

Originally Posted by Aquarian Sports Cards

Chuck has been masterful at getting press coverage for this auction. I imagine he's reaping the rewards. Also want to say that some of the grades seem brutal, and I don't even say that about my OWN auction items very often.

Coverage or not, I dont see anyone with a bit of knowledge paying $6k for a 33 Ruth PSA 1, or $5k for a T206 Red Cobb PB PSA 2. Heck, I saw a Catfish Hunter PSA 8 RC, normally about a $200 card around $600... Catfish Hunter.
What the coverage does is get people who havent a clue about the hobby into it. He is doing a great job at that and like you said, he's reaping the benefits (and even more so the family).

I definitely wasnt knocking the auction house, Im just wondering WHO is bidding this amount. And if it's someone new, do they realize this isnt eBay where you just can't push a button and cancel your bids/winnings.

[conor912]

Does anyone know the start date for the signed cards?

[samosa4u]

Originally Posted by conor912

Does anyone know the start date for the signed cards?

https://www.wheatlandauctionservices...-LOT15282.aspx

One is already up.

[conor912]

Originally Posted by samosa4u

https://www.wheatlandauctionservices...-LOT15282.aspx

One is already up.

Ugh. Are they really gonna parse them out?

[t206fanatic]

Originally Posted by conor912

Ugh. Are they really gonna parse them out?

seems prudent to not flood the market and instead sell them slowly

[chuckw]

Originally Posted by conor912

Does anyone know the start date for the signed cards?

Sorry I haven't been on sooner to reply - we've been very busy working on the next auction (and it will be insane). There is a massive amount of signed cards in the auction that goes live on July 26th! So very soon you will be able to see everything. The auction that goes live on July 26th is focused on autographed cards, specifically 1933 signed Goudeys including 2 Babe Ruths & a Lou Gehrig (171 different cards from this set and many are Pop 1), 1934 Goudeys including Lou Gehrig (34 cards from this set and many are Pop 1), and a total of 59 signed Play Balls from 1939-1941, as well as many other examples of signed autographed vintage cards. There are also single signed baseballs from Walter Johnson, Honus Wagner, Frank Frisch, Ty Cobb, Pie Traynor & Thurman Munson. Also, some iconic Type 1 photos of Ruth, Gehrig, and Mantle!

There was a comment about the Jackie Robinson 1949 Bowman card. Let me just say that they card's color, corners, and edges are amazing! The centering may be a little off but it seemed and felt like it was printed yesterday as it did not seem to ever be exposed to light or air as it was tucked away. I had no idea that the color of the 1949 Bowmans were supposed to be so bold and how clean the card stock is supposed to be! Also, some of the unsigned Goudeys in the current auction just pop in color and have great surface, corners, and edges - so some people are likely bidding on them based on their own assessment of grade as there are some that may seem a little under-graded.