Quote:
Originally Posted by Exhibitman
Lots of amusing underperformers in that auction. The signed Jordan RC estimated at $7500 hammered w/vig at $4500. How about the Williams RC PSA 8 estimated $20K closed at less. The SGC 9 Ryan RC closing below estimate. Either the estimates were out of whack or the bidders stayed away, or some of both. The way I figure it, it was a combo of:
--auction fatigue
--overabundance of Clemente RCs
--possible market manipulation in the run up
--National timing
--Goldin's 'great' rep among bidders. I know at least half a dozen high grade collectors who throw his catalog right into the trash unread. I am not a high grade collector but I do the same.
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I thought prices were strong on some other cards. I think it's mostly that prices for Clementes got way out of hand for a while.