REA May Auction: Observations, Wins?

[Bobbycee]

Wondering how you all did in last nights REA auction Any observations/thoughts?

I came away with only 1 win, a T206 PSA 5 Elberfeld, NY., but stayed within a budget this time around. A few months ago, I would have bid on more cards.

Also noticed that most of the individual lots were closed & won after the initial 10 minute overtime.

[ullmandds]

I observed that my consignments sold quite lower than I'd hoped.

[parkplace33]

Not the normal caliber of items, but I thought prewar was down. I was surprised at the BVG Red Cobb price. I get it is a BVG, but still.

[3-2-count]

I won (1) item which did not go cheap.

Story of my life!

[jsfriedm]

Prices definitely calming down (except for that inexplicable 1953 Bowman Mantle), including pre-war. T205 SGC 4.5 Speaker went for $1260, they sold one in January for $2040. Plenty more examples. Was surprised on the prices of the T206 Cobbs as well.

[Snapolit1]

So many auctions. . . . it's like being on the beach in Miami . . . after a while you stop turning around and looking all day long . . .

[prestigecollectibles]

I added some T205s to my set. Now at 144/208

[chadeast]

Originally Posted by parkplace33

Not the normal caliber of items, but I thought prewar was down

+1. I didn't see much that interested me in this one, and coupled with somewhat of a bad taste left in my mouth after the last REA auction mess, I turned my attention elsewhere.

[boneheadandrube]

T206's were strong as usual.

[molenick]

I think some of it is the number of auctions and some of it is the same cards appearing in each auction. If you know there are going to be 500 T206s in every auction, then you would think at some point "fear of missing out" turns into "why not wait". I think the rarer cards (by condition or overall scarcity) are still getting good prices but I don't see how cards that are relatively common can keep rising in price.

Edited to add: this is not specifically about T206s...just about cards that come up for auction fairly regularly, of which T206s are an example. Also, since I don't buy or sell T206s, I can't really comment on whether the prices were strong or not.

[Casey2296]

I love seeing the abundance of offerings, I filled some postwar holes in Heritage but nothing in REA (congrats to the winner of the SGC Walsh portrait). I'm watching the market for a bit saving for a couple of bigger purchases, its nice to see segments come back down out of the stratosphere but of course the rare stuff is holding strong and there still a lot of new money chasing the hi grade slabs.

[Republicaninmass]

Same exactly signed Berk Ross Cousy rc sold

12/5/2021$1,740.00 REA

Sold last night for 1500 REA

I bet it went to some astute collector for their pc.

Likley to "change direction" and sell in 6 months.


Pretty strange