REA just bought Huggins & Scott

[mrreality68]

Just received an email that led me to this link

https://robertedwardauctions.com/abo...e-40f2743514ad

That REA bought Huggins & Scott

Any thoughts?

[Mark17]

Originally Posted by mrreality68

Just received an email that led me to this link

https://robertedwardauctions.com/abo...e-40f2743514ad

That REA bought Huggins & Scott

Any thoughts?

One quality company acquiring another quality company. I just hope Huggins and Scott continues to operate as a separate entity, as they seem to have a nice niche in GU stuff. REA's GU offerings used to be excellent a few years ago, but now they are almost non-existent it seems.

[Republicaninmass]

More consolidation in the hobby.

[Lobo Aullando]

One is exclusively auction (mostly mid- and high-range graded), and the other has a retail location and auctions lots of raw stuff. At first glance, it's logical to keep each in its own established lane and maybe cross some items between.

At least, I hope. There aren't a whole lot of places to find pre-war raw lots.

[BeanTown]

I think this is awesome news as both are highly respected.

[mrreality68]

Originally Posted by BeanTown

I think this is awesome news as both are highly respected.

I agree they are both great companies and should be interesting to see what their business strategy will be moving forward

[ValKehl]

Originally Posted by Lobo Aullando

One is exclusively auction (mostly mid- and high-range graded), and the other has a retail location and auctions lots of raw stuff. At first glance, it's logical to keep each in its own established lane and maybe cross some items between.

At least, I hope. There aren't a whole lot of places to find pre-war raw lots.

The retail/store front operation in Silver Spring, MD, goes by the name House of Cards. I see no mention in the press release regarding REA acquiring the retail operation. My guess is that the auction business and the retail business ere two separate legal entities and that REA acquired only the auction business.

[icollectDCsports]

Originally Posted by Mark17

One quality company acquiring another quality company. I just hope Huggins and Scott continues to operate as a separate entity, as they seem to have a nice niche in GU stuff. REA's GU offerings used to be excellent a few years ago, but now they are almost non-existent it seems.

I agree.

[Kidnapped18]

Awesome news for REA!! They have been cranking out auction after auction each month.

I have enjoyed buying from both companies over the years. I typically have been able to get my cards at lower prices from Huggins & Scott more often than Robert Edward.

[CobbSpikedMe]

I think it's great news. Both are great auction houses and I hope they do keep them as is and separate businesses. I like the selection in H&S and the prices a lot. REA should stay as the elite house with more of the high end stuff while H&S keep the lower grade and collector friendly price point stuff.




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[BRoberts]

I guess this means we'll now have pick-up and "My catalog arrived!" threads for Huggins & Scott auctions.