Watching Christies

[glchen]

I won one item also (the 1930 Yankees team photo). I believe the others have given really good descriptions of the auction. I just wanted to add that Christies does charge sales tax in a few different states, which might not be immediately obvious: NY, CA, FL, IL, RI, TX. In addition, you can charge up to $50K on your credit card for your winnings. Most auction houses only limit CC to $2-3K, so Christies does allow significantly more. One of the reasons their BP is so high, I guess.

[Forever Young]

Originally Posted by glchen

I won one item also (the 1930 Yankees team photo). I believe the others have given really good descriptions of the auction. I just wanted to add that Christies does charge sales tax in a few different states, which might not be immediately obvious: NY, CA, FL, IL, RI, TX. In addition, you can charge up to $50K on your credit card for your winnings. Most auction houses only limit CC to $2-3K, so Christies does allow significantly more. One of the reasons their BP is so high, I guess.

Well done on the cabinet!

Jay cee.. You nailed a lot of my thoughts. The estimates were worthless. The only thing I could come up with is they went off of what the consigner had in them. They made no sense (in the photo auction anyway). And I believe this must have cost them money.
Also, it absolutely amazes me that auction houses continue to leave out the back scans. It is at minimum, 75 percent of how one can tell what a photo is online. It's absolutely ridiculous.
As much as I loved this format, I have a feeling there will be many disappointed people when they receive their photos if they thinking they are type 1s. I am not saying the majority or even half but I will guess double digit percentages.
I could tell just off the fronts and the sizes that some were problematic.
I will give Christies a bit of a pass on this as it is not their wheelhouse of items but there is NO EXCUSE for sports centric auction houses to leave back scans out of photo lots. ZERO. If they do, it must be by design and not for the bidder's/customer's well being at hand.

[BeanTown]

Was this image ever used anywhere? Hope it comes in as advertised as an Original Paul Thompson photograph.

[Forever Young]

Originally Posted by BeanTown

Was this image ever used anywhere? Hope it comes in as advertised as an Original Paul Thompson photograph.

Pretty sure that one is 100 percent legit. Give or take.. Lol!
Nice addition!

[thecatspajamas]

Originally Posted by Forever Young

The estimates were worthless. The only thing I could come up with is they went off of what the consigner had in them.

This is what I was told by an attendee that the reserves were based off of, and it sounds like the ranges were then based on the reserves. So the ranges could have been indicative of one collector's buying history, but not necessarily true market value of any one piece?

[Forever Young]

Originally Posted by thecatspajamas

This is what I was told by an attendee that the reserves were based off of, and it sounds like the ranges were then based on the reserves. So the ranges could have been indicative of one collector's buying history, but not necessarily true market value of any one piece?

Correct. Not sure how the attendee knew but I agree with him/her(must be politically correct).

Anyone else want to share their winnings?!

[thecatspajamas]

Originally Posted by Forever Young

Correct. Not sure how the attendee knew but I agree with him/her(must be politically correct).

I think he got the scoop from the consignor. In retrospect, I'm not sure whether he was referring to the memorabilia or the photos (perhaps they were the same consignor?), though we were discussing the photos at the time. Mostly wondering how many lots would not reach their reserve due to the reserves being based on what he paid for them.

And I'm pretty sure he's still a he. No stereotypes being broken here today

Speaking of which (reserves, not he/she's), anyone have any ideas which lots did not meet reserve? I did not watch the auction live, so have no idea how they identified the reserve, or which if any fell short. In looking back at the prices realized, I think my own estimates on several of the photos fell a bit short of what they ultimately hammered at, but then I'm a bit on the cheap side and not accustomed to paying top dollar.

[Bicem]

Originally Posted by Forever Young

As much as I loved this format, I have a feeling there will be many disappointed people when they receive their photos if they thinking they are type 1s. I am not saying the majority or even half but I will guess double digit percentages.
I could tell just off the fronts and the sizes that some were problematic.

Very interesting! Any lots in particular?

[Forever Young]

Originally Posted by Bicem

Very interesting! Any lots in particular?

I would say 350, 352, 440 and 470 to name a few are not type 1s. Also, photos mounted on board are issues oar likely to get a Psa letter. I suspect there are more...but a ton of good ones too(the majority I would gather)! Plus some don't care about the type 1 distinction. It was an exciting auction... I could watch that all day long.