Honey Boy Ruth Prices?

[V117collector]

Would anyone care to explain why such a price drop on the Honey Boy Ruth that sold last night??

Huggins & Scott Auctions ~ Sold for $3750.00 without Juice



Heritage Auction Sold for $11,950.00 ~ Oct 1/09

[paul]

I think the stains on the more expensive one made it more valuable.

[V117collector]

Could this be a result of shill bidding and if so how can this be controlled??

The Ebay's bidding system seem somewhat controlled at least you can view and notice shill bidding... Or could this all be due to two collectors battling it out for one extremely rare card!!!

[Leon]

Originally Posted by V117collector

Could this be a result of shill bidding and if so how can this be controlled??

The Ebay's bidding system seem somewhat controlled at least you can view and notice shill bidding... Or could this all be due to two collectors battling it out for one extremely rare card!!!

I know Heritage well and no, they don't shill bid, or at least I have never seen anything making me think that. Most likely once one person had theirs they weren't in the hunt anymore. That is the main problem with really rare issues. Many times the market is so thin it only takes one person to drop out and the price goes way down. That is also the reason that realized prices need to be taken with a grain or two of salt. All imho..

[Rob D.]

Originally Posted by Leon

I know Heritage well and no, they don't shill bid, or at least I have never seen anything making me think that.

Deja vu all over again.

[Leon]

Originally Posted by Rob D.

Deja vu all over again.

yeppers....same cryptic sarcasm that keeps people away....genius

[Rob D.]

Actually, there was no sarcasm intended, Leon. There really have been numerous posts on this board touting the integrity of auction houses -- or at least one particular former one -- that turned out to be severely lacking in that regard.

If pointing that out is being sarcastic, then guilty as charged.