What is the current state of prices??

Jewish-collector · #1 04-24-2024, 12:58 AM

What would the AH answer if you asked them directly about other cards exactly like yours being consigned and in the particular auction ?.

How would they actually answer your question ?

cgjackson222 · #2 04-24-2024, 01:45 AM

Quote:

Originally Posted by Jewish-collector

What would the AH answer if you asked them directly about other cards exactly like yours being consigned and in the particular auction ?.

How would they actually answer your question ?

Depends on the auction house. Al from Love of the Game will tell you if there are any of the same cards and how your cards will fit into his auctions.

perezfan · #3 04-24-2024, 02:12 AM

Quote:

Originally Posted by cgjackson222

Depends on the auction house. Al from Love of the Game will tell you if there are any of the same cards and how your cards will fit into his auctions.

+1

Rhotchkiss · #4 04-24-2024, 06:52 AM

As many of you know, I made a large consignment to Memory Lane; cards to be sold in the current and their next two auctions.

After my consignment, they received consignments of two cards that were already in my consignment- an e121 Ruth in a similar but higher grade than mine and a 1921 Exhibit Ruth in a similar but lower grade than mine.

Memory Lane called me and we discussed what to do. Ultimately, we all agreed to hold my cards for the next auction and not to double up.

This is a comment on nobody other than memory lane and my experience with them on this matter

CardPadre · #5 04-24-2024, 08:28 AM

Quote:

Originally Posted by Rhotchkiss

As many of you know, I made a large consignment to Memory Lane; cards to be sold in the current and their next two auctions.

After my consignment, they received consignments of two cards that were already in my consignment- an e121 Ruth in a similar but higher grade than mine and a 1921 Exhibit Ruth in a similar but lower grade than mine.

Memory Lane called me and we discussed what to do. Ultimately, we all agreed to hold my cards for the next auction and not to double up.

This is a comment on nobody other than memory lane and my experience with them on this matter

Curious as to what you might do if similar cards end up consigned to their next auction as well? Would you hold off again?

Rhotchkiss · #6 04-24-2024, 09:40 AM

Quote:

Originally Posted by CardPadre

Curious as to what you might do if similar cards end up consigned to their next auction as well? Would you hold off again?

Not sure. I guess I will cross that bridge if it arises. What’s important is that I will have a choice.

One thing to remember about large AHs like REA and Heritage is that they get eyes that some other AHs may not; the collecting world is much larger than Net54.

LEHR · #7 04-24-2024, 07:05 AM

So, with reading the above comments, here's my thoughts that no one asked for.

Lets be honest with ourselves. Your T206 Piedmont Cobbs, 34 Gehrigs, 33 Ruths, any year Mantle, Mays, Aaron, Robinson, etc.; these cards are simply not rare. Beautiful, wildly popular, expensive in some cases...absolutely; but not rare.
So if there are say 400 people across the US in any given year who want to auction their red piedmont Cobb, or 1,000 people who want to auction their Mantle, and only say 100 major auctions, what are said consignors supposed to do with these cards if the AH's will only ever accept one copy of each per auction? Should the sellers hold their card hoping sometime in the next five years that an AH will accept their 54 Robinson as the sole example in their auction? Or should they just try to sell the card themselves, which they clearly didn't want to do to begin with, because they can never get it accepted by an AH due to the flood of material on the market.
I can definitely see where it would be frustrating to consign your card to an auction, only to see six other examples in the same auction, but what are the realistic alternatives? Like I tell my teams at work; don't bring complaints to the table if your not also going to bring ideas for a solution.

Not trying to stir the pot here, just posting a different point of view.

rand1com · #8 04-24-2024, 07:37 AM

If I submit a green portrait common back Cobb in a PSA 4 and the auction house already has one or more in that exact grade, they should ask me what to do with mine. That puts the outcome in the hands of the consignor.

It is true that in a major auction there will likely be more than one, but I would prefer to have mine as the only example in a smaller though still well known auction.

Collectors will find it and instead of competing bids among several in a major auction, it will be the only game in town on that day.

From other posts, sounds like Al may be one of the few who has it right by asking the simple question.

cgjackson222 · #9 04-24-2024, 07:50 AM

Quote:

Originally Posted by rand1com

If I submit a green portrait common back Cobb in a PSA 4 and the auction house already has one or more in that exact grade, they should ask me what to do with mine. That puts the outcome in the hands of the consignor.

It is true that in a major auction there will likely be more than one, but I would prefer to have mine as the only example in a smaller though still well known auction.

Collectors will find it and instead of competing bids among several in a major auction, it will be the only game in town on that day.

From other posts, sounds like Al may be one of the few who has it right by asking the simple question.

+1

If you don't want your less scarce cards to be drowned out by better looking versions of the same cards, then don't consign to REA or Heritage (although Heritage has so many auctions, you might get lucky in one of their Sunday auctions).

Just ask around with some of the smaller/medium action houses. They will be more than happy to proudly display your cards in their auctions.

anchorednw · #10 04-24-2024, 04:23 PM

Quote:

Originally Posted by Jewish-collector

What would the AH answer if you asked them directly about other cards exactly like yours being consigned and in the particular auction ?.

How would they actually answer your question?

What would they say? Yes, there are 3 other cards identical to yours, the grade and maybe photos to help assess. Then let me decide what to do.

As mentioned above with Memory Lane and Al at LOTG, this is how it should be done. REA does not do this. Unless I have a 1 every year or two type card that comes to market) or rarer), I would never consign to REA.

I will say this, I am planning to give a review of my first major consignment (Al -LOTG) here soon on the board for what it's worth. As I have bought from nearly every auction house in the last 4 years, I am getting a pretty good picture of things moving forward as I plan to buy and especially consign more.

Exhibitman · #11 04-24-2024, 05:16 PM

i think it is just fine to 'ladder' different condition copies of a card. It gives people who get knocked out of higher conditions the ability to drop down. It really works best if you allow anyone to bid into a lot in OT the way Sterling does. But I sure don't want to see ten PSA 2 of the same card.

When it comes to mainstream cards, I don't think it is realistic to assume that my example will be the only one in the auction. You'd never get to all of them.

Lorewalker · #12 04-24-2024, 06:33 PM

Quote:

Originally Posted by Jewish-collector

What would the AH answer if you asked them directly about other cards exactly like yours being consigned and in the particular auction ?.

How would they actually answer your question ?

I would hope the answer would be nothing but the transparent truth. Truth appears to be something the human race is really struggling with.

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