Goodwin Pickups

[chiprop]

Jeff- I consigned the Herzog Garter that I purchased out of Heritage for $4,200. Someone paid $5,100 plus juice for it in Goodwin's auction. Not sure who bid on it or purchased it, but it doesn't really matter. I was a perfect example of someone who buys from one auction and sells through another. Why did it sell for more? Not exactly sure, but I can tell you that I did not have anyone bid on my behalf. Maybe it's because Heritage auctions are not user friendly in many ways, and Goodwin has a site easy to use. Bill comes across as a genuine dude, and I think he has great write ups and scans. I think Goodwin is one of the premier auction houses and well respected.
I chimed in!

[Leon]

Originally Posted by chiprop

Jeff- I consigned the Herzog Garter that I purchased out of Heritage for $4,200. Someone paid $6,000 for it in Goodwin's auction. Not sure who bid on it or purchased it, but it doesn't really matter. I was a perfect example of someone who buys from one auction and sells through another. Why did it sell for more? Not exactly sure, but I can tell you that I did not have anyone bid on my behalf. Maybe it's because Heritage auctions are not user friendly in many ways, and Goodwin has a site easy to use. Bill comes across as a genuine dude, and I think he has great write ups and scans. I think Goodwin is one of the premier auction houses and well respected.
I chimed in!

So Dan....you have never had anyone bid on one of your cards in an auction before?

[Oldtix]

In other collecting fields, the bigger auction houses have greater access to international buyers and this tends to skew values pretty significantly. I always figured this wouldn't be the case with sports items (possible exception being Japan with baseball), but that might be incorrect.

Are international buyers active buyers for sports auctions?

[Jim VB]

At The National this year, Goodwin had several items in his case that had been "sold" in previous auctions. Notably, he had a 1914 Boston Garter Lajoie (sepia), that sold in the February auction. I asked if this item was on consignment and the sales person told me no, it was owned by them.

Lot #22 in the February auction: http://www.goodwinandco.com/LotDetail.aspx?lotid=9609



Edited to add: I know that random incidents like this might not meet the burden of proof standard in a court of law, but when I'm spending my money, I have a lower threshold.

[Peter_Spaeth]

Originally Posted by Jim VB

Edited to add: I know that random incidents like this might not meet the burden of proof standard in a court of law, but when I'm spending my money, I have a lower threshold.

Smoke often is produced by fire.

[3-2-count]

Maybe I'm just doing this wrong then. Friends bidding on your consignments huh. Hmmmmm. Wish I'd thought of that in Bill's last auction with my consignments. I'm still recovering from the bath I took. For every record price that he's obtained in his auction on certain consignments you'll also find an unhappy consignor that's taken a hit as I did. I do not hold anything against Bill though for the low returns. Just the luck of the draw I guess. For the record I can honestly say I have "never" had anyone bid an auction up for me.

[Cat]

Originally Posted by 3-2-count

Maybe I'm just doing this wrong then. Friends bidding on your consignments huh. Hmmmmm. Wish I'd thought of that in Bill's last auction with my consignments. I'm still recovering from the bath I took. For every record price that he's obtained in his auction on certain consignments you'll also find an unhappy consignor that's taken a hit as I did. I do not hold anything against Bill though for the low returns. Just the luck of the draw I guess. For the record I can honestly say I have "never" had anyone bid an auction up for me.

Me too. My four consignments went for roughly -25% form what I paid for them. I guess I did better than my stock portfolio.

[botn]

There is no guarantee that over time the things we buy will be worth more over time. Far too many uncontrollable factors.

[Wesley]

Originally Posted by chiprop

Jeff- I consigned the Herzog Garter that I purchased out of Heritage for $4,200. Someone paid $5,100 plus juice for it in Goodwin's auction. Not sure who bid on it or purchased it, but it doesn't really matter. I was a perfect example of someone who buys from one auction and sells through another.

I am also someone who occasionally has to sells cards. Sometimes I sell in order to pay for other cards, and sometimes I sell simply because my attention span with baseball cards is so short and I constantly change focus. The cards might be resold only a few months after purchase, so hopefully this does not create suspicion for those who help me auction these cards.

As far as results, sometimes I do ok, but more often than not, the cards I sell go for less than the average on VCP. That's jsut the nature of the hobby. Unlike some other auction houses, Goodwin has always paid me on time, and I do trust Goodwin to be an honest auction house.