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  #1  
Old 12-28-2010, 07:34 PM
baradayo baradayo is offline
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Default selling cards at auction - learner's permit

I need advice on selling cards. I have some old pre WWI cards that have never been graded, never been traded, hadn't seen the light of day for 60 years.

By sharing scans of the cards, I've been told some of the cards could have five figure value, and others in the 4 figures. Pretty impressive for little pieces of card board!

I've talked with auction house representatives and owners, local dealers, somebody's ex-boyfriend's cousin, etc. and have been trolling this forum for information which has given me a lot to think about, but now am hoping the wisdom of the crowd will help me resolve my many questions about choosing an auction house.

If I intend to sell at auction, and am going to chose among the most positively mentioned auction houses, what would make me chose one auction house over another, or do I simply choose the auction house that will provide me the best deal?

Given that there is probably a relatively small market for my cards can I assume that any of the good auction houses will successfully advertise my cards and bring in those buyers?

Is there an advantage / disadvantage in going with a smaller auction so my cards don't get lost among the 1000s of lots some of the bigger houses have?

Is there an advantage / disadvantage going with an auction house that is primarily baseball cards versus other sports and materials (such as rings, and jerseys and hockey sticks)

Is there an advantage / disadvantage in having the auction house manage the grading process?

I know that is a lot of questions and I look forward to the advice of this very interesting group of collectors. Thanks in advance
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  #2  
Old 12-28-2010, 08:48 PM
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REA is your best bet and it comes up in April..I imagine their deadline for getting stuff in is approaching fast. I'd let them handle the grading. If you don't go with them you really can't go wrong with Goodwin, Mile High or Legendary.
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  #3  
Old 12-28-2010, 09:05 PM
Orioles1954 Orioles1954 is offline
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Quote:
Originally Posted by slidekellyslide View Post
REA is your best bet and it comes up in April..I imagine their deadline for getting stuff in is approaching fast. I'd let them handle the grading. If you don't go with them you really can't go wrong with Goodwin, Mile High or Legendary.
or most especially Huggins & Scott And with six auctions a year...no real need to worry about deadlines. But hey, I'm biased...

Last edited by Orioles1954; 12-28-2010 at 09:06 PM.
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  #4  
Old 12-28-2010, 09:10 PM
bbcard1 bbcard1 is offline
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If you have several cards and don't need to cash them all in right away, I might try doling them out a few at a time. Maybe try different auction houses. It's a mutual funds approach to selling, you won't get the top top, but you probably won't get hurt too bad that way. You also won't be competing with yourself.
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  #5  
Old 12-28-2010, 09:15 PM
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Quote:
Originally Posted by Orioles1954 View Post
or most especially Huggins & Scott And with six auctions a year...no real need to worry about deadlines. But hey, I'm biased...
Heh...I didn't leave them out on purpose. H&S is a great auction house.
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  #6  
Old 12-28-2010, 09:22 PM
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It sure would be nice if you could share a few of the scans in this thread...
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  #7  
Old 12-28-2010, 09:27 PM
ctownboy ctownboy is offline
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First off, I don't have the money to spend thousands of dollars on cards (though I wish I could) so I want to get that out of the way. Now, as far as your cards go, it would be nice to know or, better yet, see what you are talking about.

If you could list some of your cards, or even better, show scans of them then you could 1) get opinions from very knowledgable people on this board whether they are real or not and, if so, what condition they would grade. Also, by doing this, if the cards are real you would be giving a heads up to collectors on this board to what is coming to an auction in the future and whet their appetites fot it.

In short, you would get some info for you to think about and use and we would get to see some cards whether we can afford them or not.

David
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  #8  
Old 12-28-2010, 09:40 PM
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Without knowing what type of cards it is pretty hard to suggest the right auctioneer.
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  #9  
Old 12-28-2010, 09:41 PM
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seems kind of rude to imply these cards may be fake....to me...but it would be invaluable to know what type of cards we're dealing with here as different auction houses cater to different clientele...with varying collecting interests. this would be pertinent to maximize your return.

Last edited by ullmandds; 12-28-2010 at 09:44 PM.
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  #10  
Old 12-28-2010, 09:48 PM
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Good questions and fair questions.

To answer them honestly though, it kind of matters what it is that you are trying to sell. Though there are several choices available, some sales might be better suited for some houses. As an example, REA's auction is a really big deal every year and it gets tons of attention. The catalog is huge and it is full of incredible stuff. If your items would be headliner type of material, that might be the best avenue for you. If, however, it was something more common like a high grade Goudey Ruth, it might get shuffled to the back and not get the attention that it would in a different house. I know that is the crux of your question, but in order to answer it effectively, the scarcity and desirability of the items is also very pertinent. REA is a once a year deal. Other auction houses have great items too though and have auctions more frequently.

Depending on how much you have, spreading them out may not be a bad idea.

To answer your question the best I can without knowing what you are going to be auctioning, I will say this... personally, I would consider:
  1. the suitability of the items to be auctioned (weighing "standing out" in the auction)
  2. the auction house's reputation,
  3. the amount of the buyer's premium (or vig)
  4. the willingness of the auction house to wave any seller's premium (should be 0% if you have really nice stuff),
  5. the visibility and advertising associated with the auction,
  6. how quickly you need your money, and
  7. where the auction house is located (since that could remove significant buyers due to state taxes),

Those items are the ones that I would consider. Good luck!
Brian

Last edited by terjung; 12-29-2010 at 12:33 AM. Reason: typo
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  #11  
Old 12-29-2010, 08:20 AM
baradayo baradayo is offline
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Good advice so far, and you've provided me additional things to consider in choosing a venue.

I've got two Brunner's (Cobb and Evers) and a mess of Standard Caramels all in about the shape of the one I've scanned in (Ames, Bender, Brown, Dooin, Evers, Gibson, Griffith, Joss, LaJoie, Leach, Mathewson, McGraw, Wagner, Wiltsie, Young).

Sorry I didn't attach images earlier. I finally figured out how to make the images tiny enough to upload.

It seems to me that all the acution houses promise they are the best in, or the biggest in, or the oldest.... I know REA rates in the top but have also read in this thread that buyers love REA but it may not be the best for sellers.....

I really appreciate the sharing of info and enthusiasm.

Last edited by baradayo; 02-21-2011 at 06:17 AM.
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  #12  
Old 12-29-2010, 08:24 AM
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Default Interesting

Tough to say from the scans, but if that Cobb is legit, it's beautiful. The borders look extremely white, colors seem dark as well.

I'll wait to see what others have to say. Can you post more scans? Backs of cards as well?

Tony
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  #13  
Old 12-29-2010, 08:39 AM
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I would definitely get the D304 Cobb graded (I'd recommend SGC) to make sure it is authentic. If real, unaltered, and untrimmed, that could be your money card. What's written on the back? It's back would also determine its value as well. I hope for your sake that it is real... tough to tell for sure from the scan.

As for E93 Standard Caramels, I'd say that REA is not your best avenue for those. A smaller auction house would be more appropriate for those. They'd get lost in REA, imo. Look for the best deal for those... in terms of visibility and low fees. (Lower buyers premium means more of the money comes to you - assuming the same final price.)

I'd grade the D304 Cobb myself and probably let the auction house submit the E93s.
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  #14  
Old 12-29-2010, 08:46 AM
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I reserve the right to be wrong but I am not liking Cobb #4 very much.
(#1 is mine, #'s 2 & 3 are auction scans)
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  #15  
Old 12-29-2010, 08:57 AM
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Where did you get the cards ?
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  #16  
Old 12-29-2010, 09:11 AM
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Better color match with the Goodwin/REA PSA8; such a nice rosy-cheeked psycho. Liking it a bit better but still skeptical. Get it authenticated. If it's real you're in Fat City.

Last edited by Kawika; 12-29-2010 at 09:14 AM.
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