Honus Wagner t206 in Goldin tomorrow (6/21/25) - what will it sell for?

[oldjudge]

Then do we know if the bid at $4.15 million was a house bid or a third party bidder?

[benjulmag]

Originally Posted by oldjudge

Then do we know if the bid at $4.15 million was a house bid or a third party bidder?

We don't.

[bcbgcbrcb]

It doesn’t make a difference if it was the AH placing the highest bid or another bidder, all that matters is that if the AH was involved at all, who knows if a second real bidder ever even entered the picture so either way the high bid wouldn’t even exist because the sole real bidder wouldn’t be bidding against themself. Even if the AH was not involved at all and never placed a bid, all it takes is a “hobby friend” to get involved and the end result is the same. The best way to avoid this whole scenario is for the AH to not allow reserves and every card simply goes to the highest bidder. The idea that a consignor has the safety net of a reserve or hidden reserve so they don’t have to sell their card if they are not happy with the price defeats the whole purpose of an auction. Then sell your card with a Buy It Now price. Why be given the best of both worlds, make sure you don’t leave any money on the table using a fixed price sale while not having the risk of receiving a disappointing price at auction, whichever works out better for you. Because, to get a high-end card like this, AH’s will fall all over themselves and do ANYTHING to get the consignment. A lot of competition out there you know.

[Snapolit1]

So the bottom like is that with all the oooohing and aaahing the past few weeks about amazing sky high bids …… none of us have any clue how many of them were placed on behalf of the consignor. Lovely. But please keep expressing your amazement at the bids.

[Aquarian Sports Cards]

Originally Posted by bcbgcbrcb

The best way to avoid this whole scenario is for the AH to not allow reserves and every card simply goes to the highest bidder.

If only there was an auction company that did business this way...

Of course that's an easier attitude to have when your big items are around $50k, but we won't change that policy just to get into the "big time."

[Aquarian Sports Cards]

Originally Posted by oldjudge

Then do we know if the bid at $4.15 million was a house bid or a third party bidder?

Since it didn't reach the reserve it is likely to have been a house bid.

[mrreality68]

Originally Posted by Aquarian Sports Cards

Since it didn't reach the reserve it is likely to have been a house bid.

But the bid before that would have been someone’s that then would have triggered the house bid correct?

[Carter08]

Originally Posted by mrreality68

But the bid before that would have been someone’s that then would have triggered the house bid correct?

I think they can all be AH bids.

[Aquarian Sports Cards]

Originally Posted by Carter08

I think they can all be AH bids.

Their terms and conditions specifically mention that they can post consecutive bids. It's possible, though unlikely, that there were no real bids at all!