Is the well running a little dry?

[Snapolit1]

Seems like the communications from AHs seeking consignments has increased a good deal lately. Is it possible that some of these guys have stretched themselves thin with too many auctions or possibly newer players have diluted the market a little. No names, but some of the recent auctions by established players have struck me as more than a tad unexciting.
(I would not say that about the next Memory Lane auction. That one is stocked to the rafters with some amazing stuff).

[Yoda]

I think a lot of folks who intend to sell eventually are just sitting on their collections, waiting for prices to settle a bit before consigning. Ebay has dried up for vintage material, no doubt caused by PWCC's departure. And you are right, I think the auction houses are beginning to struggle a bit for new or recycled material. Their competitive struggle is as intense as any industry.

[Gorditadogg]

Originally Posted by Yoda

I Ebay has dried up for vintage material.

Tell me more about what makes you say this. I haven't noticed it, although I am focused on 50's and 60's mostly and watch just a few major sellers.

Sent from my SM-G955U using Tapatalk

[egri]

Originally Posted by Gorditadogg

Tell me more about what makes you say this. I haven't noticed it, although I am focused on 50's and 60's mostly and watch just a few major sellers.

I've noticed for signed cards, it's been a few months since an eBay seller listed one I needed for my project. There have only been two this year on eBay, and the most recent was in May.

[Yoda]

Originally Posted by Gorditadogg

Tell me more about what makes you say this. I haven't noticed it, although I am focused on 50's and 60's mostly and watch just a few major sellers.

Sent from my SM-G955U using Tapatalk

I've followed a lot of 60's and fewer 50's since PWCC's exit from the marketplace. But '40's and pre-war are slim pickings.

[parkplace33]

Too much inventory. Everyone trying to win in the card market.

[Carter08]

Originally Posted by Yoda

I've followed a lot of 60's and fewer 50's since PWCC's exit from the marketplace. But '40's and pre-war are slim pickings.

Agreed. Controversial question but when does pwcc roll out its first “non-premium” auction? Early October?

[parkplace33]

Originally Posted by Carter08

Agreed. Controversial question but when does pwcc roll out its first “non-premium” auction? Early October?

Great question, I was just thinking the same thing. I have seen 0 advertising or information on the auction.

[Tao_Moko]

Too much inventory of some cards that are just watering down the market. Don't blame folks cashing out either, but just like the housing market - I'll sit back and wait. Today's AH's are like card shops between '89-late 90's and I can't imagine that they won't be thinned out in the next handful of years or less.

[Wanaselja]

That Memory Lane auction might break this forum. Good lord.

[oldjudge]

I think it is too many auction houses and too little quality material. Oh sure, if you are interested in the shiny new stuff there is a large supply, but most of the better shiny stuff goes to Goldin. If you put aside T206s which there appears to be an endless supply of, vintage material is scarce and, more particularly 19th century better material is rare. That is why auction houses are offering ever increasing shares of the buyers premium for quality consignments. It’s a joke when auction houses send out emails that they are willing to waive seller’s fees for quality material. If you have quality material and you don’t get a BP rebate you are leaving money on the table.

[Snapolit1]

+1000

Originally Posted by oldjudge

i think it is too many auction houses and too little quality material. Oh sure, if you are interested in the shiny new stuff there is a large supply, but most of the better shiny stuff goes to goldin. If you put aside t206s which there appears to be an endless supply of, vintage material is scarce and, more particularly 19th century better material is rare. That is why auction houses are offering ever increasing shares of the buyers premium for quality consignments. It’s a joke when auction houses send out emails that they are willing to waive seller’s fees for quality material. If you have quality material and you don’t get a bp rebate you are leaving money on the table.

[BobbyStrawberry]

It certainly seems like vintage has dried up across the board. Even 12-18 months ago, you could find things popping up on ebay for reasonable prices...now it's mostly the same old overpriced stuff just sitting there for months at a time.

[mrreality68]

Hi

I guess it would all depend on what your collection focus is.

I usually buy 1 to 3 Cards a year and try and grow my collection slow and strategically and manage the funds accordingly

My issue is I usually only see a few items of interest across ALL auctions over a period of time.

However, Over the Last 9 Months (and especially the last 3 months) I have had sensory overload.

Result I bought about 2 to 3 years of cards in last 6 months.

To Many Cards I am interested in at 1 time in so many auctions. So Many cards that have not come up for auction for a long time (I am assuming people taking profit on cards that bought long ago).

This has caused me
1. to buy more then I usually do so I exceeded my budget and a bit over extended. (NO REGRETS) out of fear I may not get a chance to get them again for a long time
2. Miss out on a lot of Great and/or rare cards since the budget goes so far.
3. Selling/flipping some cards I did not want to but Other Cards on my list that I wanted more. (and not sure when I can now replace those I gave up)
4.Hoping no more good items come up for a while so I have time to regroup the funds.

But Memory Lane Preview came out and Has some amazing cards I want and I will potentially miss out on all. (Oh Well but Darn) because it came to soon for me.
Heritage Auction in November is also looking strong for cards I want and that may also be to soon for me.

There are always other Auctions down the line but so far the cards I like seem to keep coming.