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Did anyone here win anything last night during the first day of Heritage's internet only portion of their auction?
I thought that the 1908 Joe Jackson Cabinet Team Photo was very interesting but I think the $22K+ price tag going into the final day of bidding was a little too crazy for me. I was an active bidder on only one lot, the 1875 Hartford CDV w/Candy Cummings and went very hard after it. With the economy in such "dire straits", I thought that the $4,500 price going into extended bidding time was pretty safe. Two hours later, I had to make a decision on whether to go up to almost $14K w/juice and just did not think it was worth it any more at that level. I could not believe in this economy that an SGC 1.5 would sell for way over what that card has done previously in past auctions, mainly in higher grade. Just about everything I am selling/consigning these days has been finishing at disappointing price levels (always seems to be blamed on the soft economy) and I can't believe that when I want something that badly, the price goes crazy as it did last night.
I apologize for the venting but I find it extremely frustrating, that's all. I know it's just a piece of cardboard in the end but somehow that doesn't justify it for me right now.
This message has been edited by bcbgcbrcb on Apr 24, 2009 8:29 AM This message has been edited by bcbgcbrcb on Apr 24, 2009 6:41 AM
It's likely that the pieces you are going after are rarer and more desirable than the ones you are selling. Also, if you are an aggressive bidder then you are affecting the closing price of the pieces you go after; but on the ones you are selling you are not participating.
A single extra bidder can have a huge effect on a price realized.
A Garter under $5k 2 years ago may not have been possible. The Cracker Jackson in a 6+ i believe sold for under $15k. That was a $20k+ card not long ago. I think the economy and the overall availablity of more cards/auctions today coupled with the fact that a few guys left the hobby probably had a hand in the results. There will always be a big sale in every auction and people will be scratching their head like the Holmes Jackson last year in REA, but I thought prices were overall fair and seemed a tad low in general.
This message has been edited by chiprop on Apr 24, 2009 8:10 AM This message has been edited by chiprop on Apr 24, 2009 8:07 AM
I think you hit the nail right on the head. If I was not involved in the Hartford CDV bidding, I believe it would have sold for $6K + juice, to the eventual winner, a relative bargain.
Phil- as someone who has run many auctions I got to see how lots got bid up, and it's just as much or more about the people bidding as it is about the item itself. I always knew when certain bidders got in their qualifiers that there would be fireworks on the last night. How people bid in an auction is really quite fascinating.
That's interesting insight looking at it from the auctioneer's viewpoint. During your auctions, you have access to a lot more information than we do as bidders.
Well I had to. When I did phone auctions I spoke with every bidder. And even in an internet auction, the software provides bidders' names. Part of monitoring an auction is knowing what's going on. Of course bidders want the auction house to be completely in the dark but it doesn't work that way.
Always a sucker for larger groups of tough cards. I picked up the group of 12 orange borders last night for what I thought was a pretty nice price given that there's a nice Matty in the lot, a Cobb, Speaker, Crawford in a 20 holder and several of those tough commons. Don't know much about these but I'll have fun learning and working with the group when they show up.
I also was bidding heavily on the E-unc Wagner. Would have loved that one too but I dropped out after winning the orange borders.
I was 1 for 2, but was able to snag a small 18 card lot of tough T213 Coupon's. Getting a rare Type 3 Gabby Street/Nashville card in the mix...(Completed my Nashville Coupon subset!)
BTW - Anyone out there win the other T213-2 Coupon Lot #81121 (17 cards)? Please email me if you want to sell off any of the cards with in this lot -
All 4 items I was looking at did very well....and I struck out. I guess I need deeper pockets to play this game. I think some prices were very high and some not as high....Just about like every auction right now. It seems my D303 set is going to be expensive to try to complete. I also liked the E-Unc Wagner card and if I didn't have Moose McCormick, from probably the same test set, then I would have gone higher on it. One more lottery ticket please.....BTW, can anyone post a link to see the realized prices last night? I can only see the things I bid on...regards
Jay- I figured that's what you meant by a variation.
The Hartford CdV has long been known with two backgrounds, the ornate one and the plain. I've never done a survey but they seem to appear with about equal frequency.
The one Heritage sold is of course the first issue, with the second having the background airbrushed out. If you look at the first version the players in the back row are blurry. My theory is the photographer tried to improve the clarity, and had to get rid of the background to accomplish this.
Over the past number of years I can think of about 6 or 7 Hartford CDVs I have seen (a couple of which I've owned). As I best remember, they were roughly split 50-50 in regard to having or not having the background.
I think the SGC80 Cummings CDV is the one I used to own...Very cool card and I knew there were 2 varieties after I studied up on them.
Actually, in just looking at the prices realized most of them were pretty darn strong.....I guess the economy hasn't affected as card addicts as other folks...Some prices looked really high....An E91 Matty in a 4 holder for $1700'ish...wow...
This message has been edited by leonl on Apr 24, 2009 11:42 AM
I think this Heritage Candy Cummings card is, in fact one that you owned. I remember you posting it a couple of years ago, and I downloaded the image. Pretty sure this was the same one.
On rare stuff, it was a strong sale. On run of the mill stuff, it was spotty. I threw down several lowball bids on boxing cards that held up and won, which is nice except that I also chased and won one high end card for 2x what I wanted to spend. Oh well, that's what credit cards are for...
I did at one time own a gorgeous one with the background. However, I don't recall it having any back damage. Did I at the time post an image of the verso?
I thought the N167 Carney went relatively cheap considering the condition. I planned on bidding on the N332 Peter Jackson, but forgot to bid last night.
Thanks Corey and Barry! BTW, Barry, I had the same thought as you with respect to the background being removed. I also would have guessed that 5-10 of these are known, more common that most Peck and Snyders, except for the Cincinnati, which I would guess has about 20-25 known copies.
Jay- yes, it would have been easy for the photographer to have removed the background, but I doubt there was any known technology that would have allowed him to add it.
And in the days when all these team CdV's were a lot more easy to come by, the Hartford was considered among the more common. As far as a population estimate, I would say at least 8-10 are known.
I don't think I ever saw the image of the reverse. Perhaps I am mistaken that this card was one that you posted. I'm sure it's the same card that SOMEONE once posted here, simply because I did download it, and it is the same front. Maybe it was someone else's.
That was one of the better deals on the boxing side of the auction. Once you get within a reasonable % of value, making that next move is painful if all you're doing is going after a duplicate card given the 19.5% vig. I looked at Jackson long and hard but I hated the condition. Also looked at the Yankee Sullivan but it had something on the front right cross his upper chest and would have driven me crazy for the money.
The Carney would have been a nice upgrade for me. But not really looking to upgrade. I liked the image on the Peter Jackson but agree about the condition. I think the price was reasonable condsidering the condition. I would have went a little higher if I had remembered to bid. I think the SF Hess Peter Jackson is the key card in that set.
Last night was the first time I've won something from Heritage (a group of 10 E121-80's). Do they send an invoices at the end of the auction or should I be contacting them?