Mile High results

duner · November 12, 2004 2:37AM

wow...prices are all over the place. seems like the final prices on the old judges were great. then i was looking through the football and saw the '63 fleer football set...$5100 before the buyer's premium. am i the only one who thinks that price is crazy. am i missing something? i think there are only 5 or 6 hofers in the entire set, and maybe 3 or 4 are rookies. then i saw the minimally graded 55 aa set....$2500? it was advertised as a raw ex/nm set, and all the star cards were grossly oc.

One thing i'm learning from these off ebay auctions, is there's a lot more money to be made consigning the sets to the company, plus the fact mile high waives the seller's premium for anything over 10k. I think i'll put their number in my speed dial, in case i ever need the cash.

RedHeart54 · November 12, 2004 3:04AM

One card that did very well was the 1974 Deckle Edge PSA 9 Yaz at $2669. Quite a contrast to the Rose at $711. Is the Yaz a 1 of 1 PSA 9?

SKINSFAN · November 12, 2004 5:00AM

football was crazy you said a mouthfull over 750 for a 66 tommy addison? and over 500 for a checklist 1st series in a 8? makes me want to sell my set

tripoli · November 12, 2004 5:37AM

A goofy auction though....the bid amounts were predetermined in strange (huge) increments....and then they extended the auction 4 times for an extra 15 minutes each time, until they got another bid that trumped mine. Hope the winner enjoys the paying for an overpriced card (plus 15%).....

zsz70 · November 12, 2004 5:56AM

RedHeart,

If the two guys who are #1 and #2 in the Yaz master set registry
went at it, that may explain the high price. That card could have
gone to 7,500.00 if the other guy didn't bail out. Then again,
I have no idea about the bidding history.

duner · November 12, 2004 6:39AM

do they ever reveal the bidding identities. it's not very difficult to establish an account to bid...seems like one could easily shill his own items.

Buccaneer · November 12, 2004 6:39AM

<< <i>A goofy auction though....the bid amounts were predetermined in strange (huge) increments....and then they extended the auction 4 times for an extra 15 minutes each time, until they got another bid that trumped mine. Hope the winner enjoys the paying for an overpriced card (plus 15%)..... >>

That's typical of these type of auctions (CreateAuctions). The recent 19thCenturyOnly auctions went on for hours after the "deadline" until there no bids on any item for a 15-min period.

Mile High's auctions are definitely not for the casual or budget collector.

interchanges · November 12, 2004 10:54AM

I consigned quite a few cards and was very happy with the results. I wish I would have sent in more. His kind of auctions are perfect for nice cards now that Superior isn't having them. I don't think ebay could've done me better. Plus I snatched a T205 Evers in a Global 6.5 for under the smr price of a PSA 6.

Fuzz · November 14, 2004 4:34AM

Duner,
Checked the 63 Fleer set. There are 3 rookie HOF's in the set plus several more non-rookies HOF.
The SMR for the set as described was just a few $ shy of four large. High, yes. Crazy ........ no. That makes about 150% of SMR with premium and a lot of those cards can not be bought for SMR.
The 66's were quite a surprise. There must be another large $ player moving into this set.
Fuzz

Buckwheat · November 15, 2004 9:30AM

<< <i>A goofy auction though....the bid amounts were predetermined in strange (huge) increments....and then they extended the auction 4 times for an extra 15 minutes each time, until they got another bid that trumped mine. Hope the winner enjoys the paying for an overpriced card (plus 15%)..... >>

Tripoli- Actuallly not goofy at all. They have 10% increments--quite standard in big auctions. And since auctions are usually not over until all bids are in, they extend the auctions until they get no bids for 15 minutes. EBAY is actually the oddball here. Who ever heard of an auction iin real life ending at a certain time, while people are still bidding?

marz · November 15, 2004 5:28PM

<< <i>I consigned quite a few cards and was very happy with the results. I wish I would have sent in more. His kind of auctions are perfect for nice cards now that Superior isn't having them. I don't think ebay could've done me better. Plus I snatched a T205 Evers in a Global 6.5 for under the smr price of a PSA 6. >>

I won two cards and Thank God they were not in Global holders!

bobsbbcards · November 15, 2004 7:30PM

<< <i>...Who ever heard of an auction iin real life ending at a certain time, while people are still bidding? >>

Shhhh...don't tell eBay!

eBay is still the best thing on the planet, and if they change it to match "real life auctions" they'll go out of business. Joe and Josephine Lunch Box can't identify with auctions that go on and on late into the night. eBay is more like buying stuff than an auction. How angry would people be if they were first in line at a yard sale, latched onto a fantastic buy, went to pay, and while they were waiting in line, some rich guy wandered up (10 minutes later) and took it out of their hands because the rich guy was willing to pay more?

eBay matches closed bid auctions--everybody writes down their maximum bid, seals it in an envelope, all envelopes are opened at the same time and the winner gets it for the 2nd highest bid plus change. Best system since it rewards timeliness and the ability to estimate what the competition will bid over wealth, stubborness, and caffeine.

IMHO
Bob

jayhawke · November 15, 2004 8:05PM

I concur with Bob. I am one of those poor slugs that needs ebay. Owning their stock has now allowed me to participate in real auctions. Thanks ebay.

Ruthfan · November 15, 2004 11:28PM

Ebay can best be described as in a Silent Auction. Bidders write down their bids on a paper and everyone knows the time the auction ends. The bidder with the last and highest bid wins the item. Silent auctions are very popular with charity events.

Mile High results

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