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  #1  
Old 11-21-2014, 09:42 PM
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On the flip side it also seems like a strong move for H&S. The guys there are great and just got better.

Last edited by ksabet; 11-21-2014 at 09:43 PM.
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  #2  
Old 11-21-2014, 09:56 PM
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Originally Posted by ksabet View Post
On the flip side it also seems like a strong move for H&S. The guys there are great and just got better.
Are the Osers photo guys?
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  #3  
Old 11-22-2014, 07:02 AM
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With apologies to The Clash:
I've been very tempted to grab it from the till.
I've been very hungry but not enough to shill.
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  #4  
Old 11-22-2014, 07:44 AM
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Quote:
Originally Posted by Runscott View Post
Are the Osers photo guys?
Khyber is
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  #5  
Old 11-22-2014, 08:21 AM
1952boyntoncollector 1952boyntoncollector is offline
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Default auction rock bottom prices

Still amazes me to hear people saying an auction like robert edwards that advertises and has a member list of the people who buy old cards ends up selling a card at 'rock bottom prices' easy for a seller to say that..

but as a buyer i would say thats 'market price' for that piece of cardboard..thats the highest bid..not on craiglist in a sale in a mother's attic..but on an internet weeks long auction with the most well heeled people bidding..

now you could say 'market price without shill bidding'..

i do wonder if you shill bid and 'win' your item.what happens? you just pay 20% and keep your card? that seems to take all of the market price profit out of it..
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Old 11-22-2014, 08:27 AM
bbcard1 bbcard1 is offline
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As to the shilling question, I'd never do it. Probably half the stuff i have consigned at auction houses have sold for less than I would have paid for it...of course the other half is where the good stuff happens.
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  #7  
Old 11-22-2014, 10:09 AM
1952boyntoncollector 1952boyntoncollector is offline
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Default bbcards

right...50% good and 50% bad...we always here of the bad sells at auction..not the the good ones.....breaking even is good in a casino and for a hobbyist in cards.....actually breaking even is really good...losing a little money is good...breaking even is really good.
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  #8  
Old 11-22-2014, 10:33 AM
mordecaibrown mordecaibrown is offline
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I've noticed a few people in this thread stating that they recently sold items that sold at low prices at a few different auction houses.

I believe that one of the lesser spoken about issues caused by shill bidding is a false value of an item. For instance, if a card sells for a $1000 in an auction but was shilled up to this amount, most buyers do not realize it was shilled to that value and assume a recent value for this card is $1000; however, without shilling, perhaps the card was really around $750.

Well, now this card (same grade) is auctioned in the future at another auction house. There are two possibilities: 1. If the auction house is dirty - they shill it up to the $1000 mark with the following result - buyer happy(bought a card at recent sales mark, seller happy sold card at recent mark, and house happy - optimized profit and look like a competitive auction house for future consignors. OR 2. Auction house is clean and does not shill and sells card at $750 with following results - buyer very happy and seller disappointed and going to different auction house in future.

Then future consignors go back to shilling auction houses because they want to optimize their sale and thinking clean auction house at fault. BUT - the clean auction house did optimize their sale - it was just sold at real market value and many of the previous sales were inflated due to shilling and causing the seller to have false hopes on value.

Shilling auctions causes many issues - one being false market value of items. Then when an auction house does not meet previous sales - people assume it was their fault. With shilling occurring in auction houses and ebay - when an item sells for less than it has previously, it may just have sold at the real (unskilled) market value by an honest businessman.

Hope this rambling made some sense.
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  #9  
Old 11-22-2014, 10:25 AM
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Quote:
Originally Posted by 1952boyntoncollector View Post
Still amazes me to hear people saying an auction like robert edwards that advertises and has a member list of the people who buy old cards ends up selling a card at 'rock bottom prices' easy for a seller to say that..

but as a buyer i would say thats 'market price' for that piece of cardboard..thats the highest bid..not on craiglist in a sale in a mother's attic..but on an internet weeks long auction with the most well heeled people bidding..

now you could say 'market price without shill bidding'..

i do wonder if you shill bid and 'win' your item.what happens? you just pay 20% and keep your card? that seems to take all of the market price profit out of it..
Market price is NOT the result of a single auction. You can argue all day about that one, but it simply isn't true. I sold an item for $3,100 that had previously sold at least twice for $6,000 or more. The market price didn't go from $6,000 to $3,100 overnight. If the card were put back in auction tomorrow with a reserve of $6,000 and I bid and won it back, would that change the market value back to $6,000? No.

REA is not any more immune to auction anomalies than any other auction house. They have things that we have seen go for twice what we thought market value is. And yes, they have had things go for rock bottom prices.

What happens if you (or one of your shillers) win your own auction? You get to keep owning it.
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  #10  
Old 11-22-2014, 10:30 AM
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In the context of most of what we collect here, the concept of "market price" isn't really meaningful.
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  #11  
Old 11-22-2014, 04:50 PM
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Quote:
Originally Posted by Runscott View Post
Are the Osers photo guys?
Khyber is listed as one of the co-authors on A Portrait of Baseball Photography. I always kind of assumed it was more as an editor assembling the book itself, correcting spelling/grammar, etc as I believe he was listed as being in college at the time (I don't have the book in front of me, so am going from memory here, which always gets me in trouble). Anyway, that is to say that he at least has some history with photos, and it would make sense for his interest to continue beyond that work.
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  #12  
Old 11-22-2014, 05:39 PM
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Quote:
Originally Posted by thecatspajamas View Post
Khyber is listed as one of the co-authors on A Portrait of Baseball Photography. I always kind of assumed it was more as an editor assembling the book itself, correcting spelling/grammar, etc as I believe he was listed as being in college at the time (I don't have the book in front of me, so am going from memory here, which always gets me in trouble). Anyway, that is to say that he at least has some history with photos, and it would make sense for his interest to continue beyond that work.
Good, so hopefully no more 'wishful thinking' false starts;e.g-Rusie, Jackson, etc.
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  #13  
Old 11-22-2014, 08:21 PM
1952boyntoncollector 1952boyntoncollector is offline
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Default shilling

i never said i shill...i was just explaining the issues involved and the fact shilling sort of solves itself with educated buyers and bp that people have to pay if buying their own stuf....i keeps seeing comments that i am shilling..i have never stated that....stop assuming things....
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