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  #21  
Old 08-09-2017, 09:50 AM
Johnny630 Johnny630 is offline
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I wonder how many now believe it wasn't ?

Last edited by Johnny630; 08-09-2017 at 09:50 AM.
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  #22  
Old 08-09-2017, 10:43 AM
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Originally Posted by Peter_Spaeth View Post
Well, some of us denied it vehemently, and even repeatedly mocked those who claimed it was.
When the guy manipulating it comes on the forum and says he is doing it, it's hard to dispute it. But some will....
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  #23  
Old 08-09-2017, 02:44 PM
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When the guy manipulating it comes on the forum and says he is doing it, it's hard to dispute it. But some will....
I'm actually thinking of starting a thread on this subject. So what exactly is market manipulation? A few super-rich guys bid on thousands and thousands of auctions last summer and then just stopped? What about the cards they won? Did they pay for them or not? How exactly did it work?

Also, will we ever see prices jump like they did last summer or was that a one time thing?
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  #24  
Old 08-09-2017, 02:58 PM
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Originally Posted by samosa4u View Post
I'm actually thinking of starting a thread on this subject. So what exactly is market manipulation? A few super-rich guys bid on thousands and thousands of auctions last summer and then just stopped? What about the cards they won? Did they pay for them or not? How exactly did it work?

Also, will we ever see prices jump like they did last summer or was that a one time thing?
Yes, they would overpay on mid grade items which in turn would pump up the price on high grade items. Then they would just sell the card they just bought at a profit as the market was now "hot". The real money came when the higher grade cards were selling for never before seen prices. Many Rookie cards have come back down to earth in price (Clemente, Koufax) but occasionally you'll see a different Rookie card get a lot of attention like the 1925 Exhibit Lou Gehrig which is the hot card of the summer going for crazy prices.
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  #25  
Old 08-09-2017, 03:39 PM
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Quote:
Originally Posted by samosa4u View Post
I'm actually thinking of starting a thread on this subject. So what exactly is market manipulation? A few super-rich guys bid on thousands and thousands of auctions last summer and then just stopped? What about the cards they won? Did they pay for them or not? How exactly did it work?

Also, will we ever see prices jump like they did last summer or was that a one time thing?
There were cards that were not paid for. Auction Houses don't reveal which ones weren't. It would be nice for the hobby and collectors, but we are just left to guess.
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  #26  
Old 08-09-2017, 05:41 PM
Empty77 Empty77 is offline
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not just the centering, but the quality overall is down on that card. the registration is off and it has an unpleasant yellow halo sort of effect on the left edge as well as the right side of the bust image and the full body inset.
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  #27  
Old 08-09-2017, 06:32 PM
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There were cards that were not paid for. Auction Houses don't reveal which ones weren't. It would be nice for the hobby and collectors, but we are just left to guess.
Yup. A certain auction house used to do this regularly. Many times I would see the same damn card that "sold" less than a month ago back on ebay at a much LOWER price, so that would tell me it was the consignor and not a would be flipper. One time I even saw a card that was in auction still in the guy's ebay store lol.
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Last edited by Peter_Spaeth; 08-09-2017 at 06:33 PM.
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  #28  
Old 08-10-2017, 01:36 PM
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Quote:
Originally Posted by Peter_Spaeth View Post
Yup. A certain auction house used to do this regularly. Many times I would see the same damn card that "sold" less than a month ago back on ebay at a much LOWER price, so that would tell me it was the consignor and not a would be flipper. One time I even saw a card that was in auction still in the guy's ebay store lol.
It could also be someone bidding high to protect their investment and then not paying. I believe the last year run up was more of that than consignors shilling their own cards.
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  #29  
Old 08-14-2017, 05:06 PM
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It could also be someone bidding high to protect their investment and then not paying. I believe the last year run up was more of that than consignors shilling their own cards.
especially since this is actually allowed with consignments to Heritage (due to lax TX law). Huge red flag for me.
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