Splitting up a multi-item lot

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Posted By: Elliot

When you have gone partners with somebody on a multi-item lot (i.e. a complete set) how have you split it up? Have you done it in person or via scans? Did you have a "draft" or another method?

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Posted By: leon

You might want to clarify a little if I am understanging what the question is. You want to do a draft (bank I presume) of money for some shared winnings? As for splitting them up I have just used large scans back and forth...although I haven't gone in too many times....My best was with about 4 other board members on some D304's about 3-4 years ago. We rocked as we must have been the only ones bidding on them....it was sweet...(maybe not for the consignor though) regards

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Posted By: MW

Leon,

I think Elliot means a "draft" as in "drafting" players or cards from a particular set. In any case, I think that's the way to go. In person would be best but with decent images, it shouldn't be a problem over the Internet either.

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Posted By: leon

I did misunderstand. I was thinking to myself....ok, he's going to buddy up with a card friend and doesn't trust him for the money? That wouldn't make any sense at all.....thanks for the clarification Mike....regards

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Posted By: Elliot

Mike is correct. We would be dividing 40 cards between the two of us. Another idea would be to assign a $ value to each card, and then try to divide the cards into two equal value piles. Well, actually three piles, as we would first take out the cards that we intend to sell. Perhaps this is too complicated and a draft would be easier. Anybody else have any experience in divvying up a lot.

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Posted By: Josh K.

Ive gone in on one lot with another board member (unfortunately we didnt win). However, it was a set of 18 or 20 M101-5s - mostly HOFers and a few other notables such as cicotte, etc.

We basically agreed on a max bid (that we would split) and prior to the conclusion of the auction we did a draft (I went first, he got the next two, then I got two, etc until all the cards were selected). It worked out well for us - we were both happy with what we would have rec'd had we won. I know others who have split lots based on what card(s) they wanted and they each agreed to an amount for each card and that was their contribution.

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Posted By: Judge Dred

Tough topic, I would guess that it has got to get tougher with more people involved. I guess if the whole thing was to be sold and the profits divided then there'd be no issue. In the case where you have cards to be divided it might be best to assign a $$ value to the cards and then go by value. Then there's always the coin toss to see who picks first....

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Posted By: leon

On the main lot split up I remember, the D304's, we went into it knowing what cards (there were about 8-10) each would get if we won. After we won I arbitrarily set prices. Everyone agreed, we all got real good deals, and all were happy. Different circumstance than yours though, Elliot, but thought I would try to add a little clarity to my earlier ramblings..It sounds like a draft might be best in your situation...but who goes first? Maybe 2nd gets 2nd and 3rd pick, to make up for the 1st pick? ...regards

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Posted By: Anonymous

You never did disclose where you "go" bro??? why hide that? What have you been doing with the spare 3 hours per day you were dismissed of?

Leon,

I think Elliot means a "draft" as in "drafting" players or cards from a particular set. In any case, I think that's the way to go. In person would be best but with decent images, it shouldn't be a problem over the Internet either.

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Posted By: steve yawitz

...elliot, i'm calling dibs on #25!

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Posted By: jay behrens

draft?....mmmmmmm beeeeer

Jay

I like to sit outside drink beer and yell at people. If I did this at home I would be arrested, so I go to baseball games and fit right in.

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Posted By: robert a

I think the best way with two people is to start by declaring what each person's priority cards will be. Hopefully, there not the same cards that each persona wants. Often times, a lot will have a few cards of greater value than others. Further, one individual sometimes only really wants two or three cards out of the 40, but is willing to take the extras to get the cards to add to their set.

If cards can be divided up into values, it will probably be easier for both of the individuals invloved.

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Posted By: tbob

Split a lot of T207 Lewis, Lowdermilk and Miller (the Big 3) with 2 others and all 3 knew going in which one they wanted and the approximate price range.
Split a lot of E94s and the split was completely worked out before bidding got started. We got scrod by the auction house on our bidding and didn't win it, a thread already thoroughly discussed...
The key is to go in with honest and reputable people and I am happy to say there are plenty on this Board.