REA: 4 Planks & 5 Magies

[JP]

Originally Posted by barrysloate

Jeff and JP- despite Legendary's rep and disastrous PR, there are no shortage of bargain hunters out there. I don't care how much people dislike bidding with them, if there are key lots selling at 50% of retail there will be somebody looking to buy them. I realize in this instance JP's Plank may do much better this time around, but the word will get out and everybody will be scouring for future bargains. And at that point there won't be bargains anymore. It's very hard to find affordable inventory these days and I can assure you I and others will be paying attention when Legendary's next catalog comes out.

I couldn't agree more. Do you think it will take long before Legendary's prices come all the way back to comparable with the other major houses?

I still can't believe that no one has caught on to Coach's Corner's unbelievable low prices!!!

[barrysloate]

JP- as I said earlier markets have a way of seeking their own level. If something is underpriced there is no shortage of people willing to buy it.

[Jim VB]

Originally Posted by barrysloate

JP- as I said earlier markets have a way of seeking their own level. If something is underpriced there is no shortage of people willing to buy it.

Very true, Barry. I think Legendary's problems will come from a drop in good consignments. If you had a Plank to move, why go to Legendary and have it auction for $21,000 if REA gets substantially more?

Whatever they do get consigned, there will always be buyers for.

[JP]

Originally Posted by barrysloate

JP- as I said earlier markets have a way of seeking their own level. If something is underpriced there is no shortage of people willing to buy it.

I hope you got that the Coach's reference was deep sarcasm...unless you were referencing Legendary. Coach's fake items should always stay low...until the corporate heads are sent to prison. I, too, would like a real Babe Ruth bath for $11,000.

[barrysloate]

I wasn't referring to CC. They don't count.

[Jim VB]

Originally Posted by JP

I still can't believe that no one has caught on to Coach's Corner's unbelievable low prices!!!

I don't know that there is a reliable price tracking mechanism for fake memorabilia.