Goldin Winnings/Losings

[bcbgcbrcb]

I don’t know what the final numbers are but seems that total dollars bid in this auction was staggering. If you divide the total by the number of lots, I would surmise that this is the highest per lot auction, maybe ever. Or at least since Goldin was selling all of the basketball and Patrick Mahomes RPA’s in 2021. If it appears that those numbers were severely overinflated in 2021 compared to today, that’s probably because they were, and then some. When we look back at this one five years from now, will things be any different? I read the T206 thread and wonder how many other lots really did not sell and just portend to drive up the market prices on lots of this high-end stuff. It’s a game that I can’t participate in financially but some can.

It seems that today’s post-COVID collector has no reservations about spending their money wildly, at least to me seems financially irresponsible. That’s why back in the pre-COVID days, card values inched up incrementally and all seemed well with the hobby. Now it’s more like the Dow Jones.

BTW my main target was the M101-1 Wagner which sat at $30K until extended bidding, then nearly doubled after I was the high bidder at 10pm but couldn’t afford to go another bid increment. (Actually couldn’t even afford that but would have found a way to come up with the money somehow). The majority of the high-end lots seemed to move very little during extended bidding, except for my second option, the 1915 Ruth Type 1 photo w/pitching staff. That one more than doubled. Boy, I really know how to pick’em huh?

[puckpaul]

You had the right lot, Phil, the M101-1 is a great piece and one of the few underappreciated Wagner rookie pieces. Looking at what the shiny new cards go for (astonishing to me), and other Wagner portraits of which there are fewer of the M101-1, it’s still a relative bargain. Hope you get one someday.it followed most auction cadences, a little different than a lot like the T206 in terms of timing of bidding I think.

[Wanaselja]

Was able to pick this up for much less than I thought it would go for. I know it’s a bit OC but the color and registration (especially tough with this card) are outstanding. 828708.jpg

[mrreality68]

As a Comsignor for me Very good day but a bit mixed results

Two of my Jackson’s my 1917 Boston Store and 1914 CJ Joe Jackson very very strong results and exceeded my expectations
Two cards my 1914 E&S Jackson and my 1924 Real photo pst card with Ruth did not do so well.
And my 1922 w575-1 was a neutral(but disappointing) result

But very happy with the overall result and 3 of the items did not get any bids in extended time.

And on the bidding side I had no plans to bid but decided to get a couple of tickets for The years Babe Ruth played that matches a couple of my cards (posted in the June pickup post)

[calvindog]

Jeff, I’d say you came out miles ahead. The BS and CJ Jacksons ended shockingly high.

[mrreality68]

Originally Posted by calvindog

Jeff, I’d say you came out miles ahead. The BS and CJ Jacksons ended shockingly high.

You are Spot on
I just wanted to give a play by play for the details in case anyone was interested or not

[bcbgcbrcb]

Especially in the case of Goldin, but likely similar for Heritage, the high profile sets (Cracker Jack, Goudey, Boston Store, T206, etc.) combined with the most iconic players (Ruth, Cobb, Jackson, Wagner) bring limitless prices for those who travel in that space. The rest of us are left with everything else, i.e. - E & S, W575-1, one-off RPPC’s and all of these can be very up and down despite rarity and other factors in their favor. Today, nothing trumps the biggest cards of the biggest names and the collectors with the deepest pockets. Everyone else can expect their cards to surge sometimes and decline many other times. To me, that doesn’t make the overall hobby strong or weak, every item is pretty much on a case by case basis. In my opinion, the less money you have to spend, the more times you have to settle for what you can afford and that’s the stuff that has not excelled over the past 3-4 years since COVID. Yet that probably represents 95% of the hobbyists out there. In the old days, I believe a much higher percentage of hobbyists out there could afford the “big” cards. Of course, “big” is a relative term.

[Donscards]

Great auction last night. I won 14 cracker jacks. 9 hall of famers. Lower end hof’s, the best being Lajoie. I tried for Jackson and Cobb. Just couldn’t keep up. I did win the massive Tom Seaver lot. I feel a good price at 40k with juice. All psa cards. Don

[Rhotchkiss]

Phil, that M101-1 was mine. It had no reserve; except for my t206 Wagner, none of my cards had a reserve. I think you stole it- i bought it for $80k, so i took a bath. Great buy, congrats.

This was my sole win

[bcbgcbrcb]

I didn’t win anything, the most I could afford to spend on Wagner was the $30K where it was at going into extended bidding. I’ve had 3 of them over the years including that 2.5. I sold the last one for $13K in REA, I believe, around 2014.

[oldjudge]

Jeff-I think the postcard realizations were generally weak. I would have thought that the 1915 Boston card would have gone for a lot more. Same for yours with Ruth in the straw hat, especially considering how high that goofy ice cream one recently went.

[calvindog]

Originally Posted by oldjudge

Jeff-I think the postcard realizations were generally weak. I would have thought that the 1915 Boston card would have gone for a lot more. Same for yours with Ruth in the straw hat, especially considering how high that goofy ice cream one recently went.

Some poor guy has to pay for that 1915 Red Sox PC!

[bcbgcbrcb]

Speaking of 15 Ruth’s, shocked at how high that pitching staff photo went. Wasn’t that far behind the team postcard. Given the fact that it’s a team on the postcard, I really believe that this is one of the most overpriced cards of the last decade, this didn’t just happen during COVID. These were selling for six figures a decade ago. Team rookie items never bring close to what individual rookies bring. I think we see this one start to drop in value at some point.

[oldjudge]

Jeff-Did you win the 1915 Boston card--it's a beauty and has always been one of my favorites.