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The lot I lost would have been an upgrade, and I didn't expect it go for the opening bid amount, and I never planned to bid higher. I look forward to adding these to my collection: 1920 Yankees Official Scorecard: Ruth vs. Cobb 1947 NY Journal-American New York Giants Premium 1949 Almendares (Cuban) Premium 1949-50 Almendares (Cuba) Team Photo Premium 1949-52 Brooklyn Dodgers Original Snapshot Collection (58) Thanx for another fun auction Al, and thank you also for taking Paypal payments. Doug |
#2
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Tom C |
#3
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I simply didn't want to pay above market, and was fully expecting to lose out on many of my bids - even though I did hold out some hope to win at least 1 Ruth or Gehrig. I'm currently not a dealer (but aspire to deal at local shows some day). The same thing usually happens to me on PWCC auctions - my win rate is pathetic because so much of it goes above market, but I do usually still end up with something. It's a good thing that I'm not set on any one particular card or issue, and there is always next time!
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#4
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I know this has been debated before, and many will disagree with me, but I tend to believe the winning price in a well-publicized, fairly run auction IS the current market price for a new card. It's when you buy from a dealer who sources his inventory from auctions like these when you tend to pay above market. (Which I've done many times when I really wanted a card.)
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#5
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#6
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I believe that PWCC auctions tend to finish higher than auctions from other sellers. I gauge "market" value as what a card of similar quality (not necessarily the same numerical grade from the same grading company) goes for across all platforms (eBay, AH's, B/S/T, etc) within the past 6 to 12 months at most. Yes, there will be exceptions to this. There have been significant run ups on certain players recently (Ruth, Gehrig, Cobb, etc) where a sale from 12 months ago will be meaningless. If a card sells above current market, then it's very possible that it's market value has adjusted upwards. However, it's also possible that it sold high this time (possibly due to 2 or 3 buyers battling it out), and will sell at, or even below, market next time because 1 of the buyers has now acquired the card. Buying it "above market" runs a slight risk if it's the "battling it out" scenario, and I tend to shy away from such risks. If it's a player/card that I badly want, then I'm usually willing to go a bit above market, but not much. There are lots of fantastic, high quality cards out there that are available at public auction, so I choose to not be one of those "battlers", and wait patiently for cards to sell at or below market. I did still win 6 lots in LOTG, and I also won a modest Ruth (below market!) in another recent auction, so I'm confident I'll get more with time and patience. It might take me longer, but I'm in no hurry :-)
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#7
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Given the # of times this variation comes to market the underbidders could wait for years to find another offering.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... |
#8
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Not what I wanted to here . . .damm.
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#9
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It seems like the plain background 25-31 Exhibits have shot up quite a bit. They seem to carry a higher premium than the other short prints (blank backs, ESCO coupon corners, "correspondence" reverse)
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#10
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The price for that red Gehrig is not coming down. I didn't even bid on that one because there was just too much other stuff, and a huge amount of things in REA coming up that I am interested in. I have one plain Gehrig (below) that I purchased for $500 in 2013, and it is in rough condition. I'd love to get a nicer looking plain Gehrig some day in a different color variation.
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#11
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Last edited by 1952boyntoncollector; 04-04-2017 at 08:00 AM. |
#12
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I sold about 25 items with PWCC and would say 23 of them came in below the most recent sale reported on VCP. It isn't that easy.
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