So What Did REA Prices Suggest About Current Market?

[Fred]

Cobb check at $700 (about $831 w/juice) and Johnson check at $1100 (about $1300) were not strong when compared to other auctions in the past couple years.

The OJs were a mixed bag. The larger lots were actually reasonable when you look at the price per card average. The Delahanty was strong.

[RCMcKenzie]

Fred, I thought the 2 big OJ lots went for fairly good deals, but I have a defeatist attitude about going after those. I think REA would do better to break those up into smaller groups or single lots. I was under bidder on the N173 Sommers and Seward that went fair at 1300, that was as close as I got to winning anything. I would have bid more on several card issues had REA broken down the lots, as I am not a dealer.

[Fred]

My comments meant that I thought the lots were good deals because of the price per card average for both lots was reasonable. I'm a 19th century junky so I really like large lots like those. Good possibility that who ever won the large lots could piece the cards out and do fairly well in breaking up the lots.

[RCMcKenzie]

All I can say is that in the past, Bidder A outbids me on giant lot, offers me some of the cards I wanted from the lot, I pay, and receive the cards from bidder A before I receive other lots from the same auction house.