Do big auctions go forward?

sb1 · #1 03-19-2020, 03:36 PM

My next auction will open right in the midst of all of this on Monday March 30th with nearly 700 lots and I don't expect to miss a beat. There are hundreds and hundreds of nice pre-war cards from several better sets that I predict will show the current market to be very stable, if not stronger than usual.

Also included will be a large amount of older dealers/collectors material(Lots of autographs and memorabilia) with very low opening bids which should give everyone sitting at home with no shows to go to a chance to search for the needle in the hay stack.

bbcard1 · #2 03-19-2020, 04:17 PM

I think it's a mixed bag. I really only hav two cards on my hit list right now, but I won't be going to Chantilly so I do have some extra cash to spend. I think the next couple of auctions will set the stage for the next three months.

I got a briefing this morning from a doctor who is in the know and his best advice is to stay the hell home if you can and wash your hands. Even if you are not in a high risk group, staying at home is a great thing to do. You are leading by example. The more people are out, the more people want to go out.

Shoeless Moe · #3 03-19-2020, 04:24 PM

My friend collects knives, in the 5K-10K neighborhood. He said sales this past week mirror what they were 2 months ago.

No change.

ruth-gehrig · #4 03-19-2020, 04:38 PM

What do buyers and sellers remember from the 2008 era?

Shoeless Moe · #5 03-19-2020, 05:06 PM

Quote:

Originally Posted by ruth-gehrig

What do buyers and sellers remember from the 2008 era?

You're too negative, too many negative people, dats a no good.

Think positive.

So far the majority are thinking positive, at least auction wise. Look at Collect Auctions ending tonight, again I can't find a freaking deal. Outbid on everything.

I think once Flu season ends, the US is gonna come back strong and quick from this.

ruth-gehrig · #6 03-19-2020, 05:11 PM

Negative for asking a question?:confused.

Quote:

Originally Posted by Shoeless Moe

You're too negative, too many negative people, dats a no good.

Think positive.

So far the majority are thinking positive, at least auction wise. Look at Collect Auctions ending tonight, again I can't find a freaking deal. Outbid on everything.

I think once Flu season ends, the US is gonna come back strong and quick from this.

hcv123 · #7 03-19-2020, 09:39 PM

Quote:

Originally Posted by Shoeless Moe

So far the majority are thinking positive, at least auction wise. Look at Collect Auctions ending tonight, again I can't find a freaking deal. Outbid on everything.
.

Well, according to collect auction rules:

"RESERVES: This auction contains property belonging to third persons known as consignors and lots submitted by consignors may include a reserve. A reserve is a confidential price agreed to by the consignor and Collect Auctions LLC, below which a lot will not sell. Collect Auctions LLC may place bids on behalf of the consignor for such lots up to the reserve. Max bids placed for those lots with reserves will be automatically bid up to but not above the reserve, or up to the max bid if the reserve exceeds the max bid."

Make of that what you will.

I would love an explanation of the difference between an undisclosed reserve that an auction house can place bids up to and shilling?

Aquarian Sports Cards · #8 03-19-2020, 10:05 PM

OK guys if you ever wondered what we have at our live auctions, the emergency online auction is up and running. It's about 3/4 normal size due to loss of a consignor. Highlight is the PSA 7 Clemente Rookie.

hcv123 · #9 03-19-2020, 05:18 PM

Quote:

Originally Posted by ruth-gehrig

What do buyers and sellers remember from the 2008 era?

to forget as much of that as possible - Mom died, Huge competitor opened, economy crashed - in that order!

perezfan · #10 03-19-2020, 06:20 PM

My vote is to absolutely move forward with online auctions. Most of us are stuck at home, and while many of us are taking it in the shorts financially, we are also spending lots less on entertainment.

No more eating out, no more expensive cocktails, no bars, no movies, no plays, no concerts, no sporting events, less available shopping options, etc. What a perfect time for a good auction to break the monotony!

I don't mean to be insensitive to anyone who is currently suffering. Just saying that we should hold on to one of the few good things about being stuck inside the house. And prices seem to have remained as strong as ever. Just my 2 cents.

Republicaninmass · #11 03-19-2020, 06:49 PM

Scp delayed one week

Rhotchkiss · #12 03-19-2020, 07:35 PM

Quote:

Originally Posted by sb1

My next auction will open right in the midst of all of this on Monday March 30th with nearly 1500 lots and I don't expect to miss a beat. There are hundreds and hundreds of nice pre-war cards from several better sets that I predict will show the current market to be very stable, if not stronger than usual.

Also included will be a large amount of older dealers/collectors material(Lots of autographs and memorabilia) with very low opening bids which should give everyone sitting at home with no shows to go to a chance to search for the needle in the hay stack.

Scott, I would love to see the BL 460 and the Duffy Red Hindu in the auction! I would indeed be a bidder on both.

sb1 · #13 03-19-2020, 09:08 PM

Quote:

Originally Posted by Rhotchkiss

Scott, I would love to see the BL 460 and the Duffy Red Hindu in the auction! I would indeed be a bidder on both.

No need to wait, they are available for purchase right now, along with several other tough front/back combos.

CurtisFlood · #14 03-21-2020, 05:12 PM

Quote:

Originally Posted by sb1

My next auction will open right in the midst of all of this on Monday March 30th with nearly 700 lots and I don't expect to miss a beat. There are hundreds and hundreds of nice pre-war cards from several better sets that I predict will show the current market to be very stable, if not stronger than usual.

Also included will be a large amount of older dealers/collectors material(Lots of autographs and memorabilia) with very low opening bids which should give everyone sitting at home with no shows to go to a chance to search for the needle in the hay stack.

I think you will do great. According to three shop owners that I know they have had some of the best days selling inventory since this thing went down. Whether they get shut down as this thing progresses is something none of us can predict. One thing for sure, people love their cards and will participate in the hobby the best way they can find.

perezfan · #15 03-21-2020, 06:28 PM

Collect Auctions closed last night, and seemed to realize very strong prices despite all of the gloom, doom, and mayhem. Who knows how far this thing will progress, and for how long? None of us at this point in time. But at least we have these online auctions as nice little diversions while we remain isolated and wait for a cure, vaccine, or other miraculous turn of events.

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