Goldin auctions Ended...Overestimations?

[ullmandds]

So I was perusing the results of the latest Goldin auctions...and I was surprised to see many final bids not meeting or beating the AH estimates.

I thought it was customary for AH's to underestimate the result so they could "brag" later on that their results beat expectations?

[T206Collector]

I placed my winning bid at 11pm last night and then fell asleep expecting to wake up as heavily overbid. Didn't happen. I won this signed M101-2 Speaker at a very reasonable price!

[btcarfagno]

Originally Posted by T206Collector

I placed my winning bid at 11pm last night and then fell asleep expecting to wake up as heavily overbid. Didn't happen. I won this signed M101-2 Speaker at a very reasonable price!

How the hell did I miss that one??

Tom C

[ullmandds]

Originally Posted by T206Collector

I placed my winning bid at 11pm last night and then fell asleep expecting to wake up as heavily overbid. Didn't happen. I won this signed M101-2 Speaker at a very reasonable price!

nice score!

[Snapolit1]

I won the Gehrig Cracker Jack pin for less than I anticipated. Went to bed assuming I'd lose also. People on eBay BIN looking for $1000 or more and I got for about $350. Seems to me there might be auction overload/fatigue going on. Not that I'm complaining.

[bobbyw8469]

Originally Posted by Snapolit1

I won the Gehrig Cracker Jack pin for less than I anticipated. Went to bed assuming I'd lose also. People on eBay BIN looking for $1000 or more and I got for about $350. Seems to me there might be auction overload/fatigue going on. Not that I'm complaining.

+1. Way too many now.

[slidekellyslide]

Originally Posted by T206Collector

I placed my winning bid at 11pm last night and then fell asleep expecting to wake up as heavily overbid. Didn't happen. I won this signed M101-2 Speaker at a very reasonable price!

Out of curiosity did this supplement come from the Clarence Steen collection? I'm trying to keep track of them. I know they attempted to sell the Greenberg signed supplement, but it didn't get a bid.

[Snapolit1]

Same Gehrig pin I got last night for $365 I can get on ebay right now for $1200. But just noticed that one comes with FREE SHIPPING.

[bobbyw8469]

lol.....if it was a .99 cent auction, would it bring $350?

[frankbmd]

Originally Posted by Snapolit1

Same Gehrig pin I got last night for $365 I can get on ebay right now for $1200. But just noticed that one comes with FREE SHIPPING.

Goldin S & H = $800

[Stonepony]

Asking price and selling price are two different animals. The price you paid is about what I'd expect at auction. I really like the pin. Sold mine a couple years ago

[gashouse goriilas]

Sold my Munson bi-centennial bat in the auction and it beat the $5000 estimate. It ended up selling for $8500+ juice. Very happy with Goldin auctions.

[T206Collector]

Originally Posted by slidekellyslide

Out of curiosity did this supplement come from the Clarence Steen collection? I'm trying to keep track of them. I know they attempted to sell the Greenberg signed supplement, but it didn't get a bid.

Yes indeed. I have 13 of them now.

[slidekellyslide]

Originally Posted by T206Collector

Yes indeed. I have 13 of them now.

Awesome! Thank you!

[T206Collector]

Originally Posted by slidekellyslide

Out of curiosity did this supplement come from the Clarence Steen collection? I'm trying to keep track of them. I know they attempted to sell the Greenberg signed supplement, but it didn't get a bid.

Yes indeed. I have 13 of them now.

[bnorth]

Wasn't Goldin's name all over the Mastro shiller list? LOL oh yes stuff trumps everything, what was I thinking?

[irv]

Originally Posted by pawpawdiv9

MileHigh has several 52's in their auction, I am thrilled tho to see a PSA2(mk) fetch almost 21k. Maybe just maybe were gonna see another surge in the 311??? The buyers group are not happy, they want more & more and control the market.
The only one I track of course is the 311 (on the low end). I seen several 1's falling back down from the 8-9k range back down to the 5-6k area. As for 2's, I seen some in the 13, some as high as 20k, but generally 15k for a 2. Beyond that...is beyond my knowledge.
MH, has a gorgous SGC 5.5 @37k I take all day over the PSA 6 @51K, but a dang nice looking 7 @130K...I much rather take the SGC and save some dough.
OH, LOOK AT the COMPLETE 52 SET---yes it has a PSA7 Mantle..GORGOUS!!!
http://milehighcardco.com/Category/Baseball-2.html

Me too. The 5.5 is a lot nicer looking card imo.

[T_Hamilton]

Pretty excited to see the 1932 Babe Ruth Called Shot Ticket Stub PSA 2 go for $3,900... I picked up a raw one two months ago for $2800, paid the $150 and got it graded a PSA 3.

I think there is still a lot of room for this iconic stub to move higher... cant think of a better baseball stub to own.

[Leon]

Originally Posted by irv

Me too. The 5.5 is a lot nicer looking card imo.

From recent and personal experiences the higher the dollar value the less the particular numbered holder matters, especially on '52 Mantles. Many of them go outside the regular hobby so the plastic and flip are less important. Regular people want the best looking card not the highest number and shiniest plastic. But to each their own.

[Cozumeleno]

Originally Posted by ullmandds

So I was perusing the results of the latest Goldin auctions...and I was surprised to see many final bids not meeting or beating the AH estimates.

I thought it was customary for AH's to underestimate the result so they could "brag" later on that their results beat expectations?

Ah - you learn something new every day. I always wondered why the auction house estimates always appeared low. Never occurred to me that they did that on purpose.