1966 Mile High set

bbuckner22 · May 19, 2013 8:23AM

1966 set
Any guesses on where this might end up? I always feel these big dollar sets leave a lot of money on the table when sold by an AH.

DetroitSquirreL · May 19, 2013 8:35AM

I think higher end auction house should of handled that set...theres never going to be a higher set in one auction than this...it needs higher exposure. I would have went with REA personally

gemint · May 19, 2013 8:41AM

The fact they are offering it with a break-up option should help it vs only offered as a set. MH is hit or miss. Sometimes I scratch my head at how high they sell an item for, then I see something they sell go for an absolute steal. If this were my set, I'd be putting it through their 'own it now' sale if I were going to use them.

bbuckner22 · May 19, 2013 9:08AM

1968 set

I always use this as my example of leaving money on the table using an AH. I had this set at or near a VCP of 66K when it sold for almost half that. Keep in mind that 19.5 % of that money is staying at REA too.

Mapleleaf · May 20, 2013 9:47AM

<< 1968 set

I always use this as my example of leaving money on the table using an AH. I had this set at or near a VCP of 66K when it sold for almost half that. Keep in mind that 19.5 % of that money is staying at REA too. >>

They also put a low estimate compare to the VCP. That wouldn't have helped.

calaban7 · May 24, 2013 7:17AM

I'm hoping to pick up a few for my son's set . There are a bunch of LOW pops up.

Good luck to those interested in these---- Sonny

markj111 · May 24, 2013 7:22AM

I have been following it. Unfortunately I can only dream about buying it. I will settle for a well-centered PSA 8 Mays if I can find one.

calaban7 · June 6, 2013 9:45PM

Congratulations to whoever won this one . I lost out on some really nice low pops .

All I got was a lump of coal .----- Sonny

MiniDuff · June 6, 2013 11:57PM

I was surprised to see the set bid win out in the end. I was high in the morning, but then the card aggregate dwarfed the set bid and I moved on. 129k with the premium. It was interesting to watch the bizarre format. I didn't love it as a bidder, but as a set owner, it is an interesting option if you ever decide to sell.

MiniDuff · June 7, 2013 1:16AM

I can't imagine the seller paid one on a lot this size.

KbKards · June 7, 2013 1:42AM

Then how does MH make money on the auction? Does the BP go directly to them?

I thought auction house buyer's premiums went to the favorite charity of the high bidder.

JHS5120 · June 7, 2013 1:44AM

<< Then how does MH make money on the auction? Does the BP go directly to them?

I thought auction house buyer's premiums went to the favorite charity of the high bidder. >>

LOL!!!!

JHS5120 · June 7, 2013 1:47AM

On a serious note:

Generally on larger items you do not pay a sellers fee. I consigned about $25,000 in cards to Goodwin a few years ago and they didn't charge me. In fact, I know several auction houses will negotiate with the consigner and pay a certain percentage of the buyer premium if it is a big item.

tyweb1 · June 7, 2013 2:29AM

I hope the winning bidder decides to break up the set

esquiresports · June 7, 2013 4:55AM

<< Then how does MH make money on the auction? Does the BP go directly to them? >>

The BP goes directly to the auction house. They often charge 10% to the consignor as well, but this fee is regularly waived if you consign a decent amount (e.g., $25,000 or more). This particular auction house had a special offer for this or their next auction where if you consigned $50K or more with them, they not only would waive the consignor's fee, they would give the consignor 5% of the hammer price (roughly 25% of the buyer's premium).

MintMoondog · June 7, 2013 8:43AM

were some great sets for sale, made it very difficult for me. I focused on the 1963 and the 1977 but couldn't win both - in the end, after much sweating I am ecstatic to have been lucky enough to nab the 1963 at about VCP price (even including the 20%) - gave up on the 1977, wasn't even in the same zip code for that 1966 monster

calaban7 · June 7, 2013 9:18AM

<< were some great sets for sale, made it very difficult for me. I focused on the 1963 and the 1977 but couldn't win both - in the end, after much sweating I am ecstatic to have been lucky enough to nab the 1963 at about VCP price (even including the 20%) - gave up on the 1977, wasn't even in the same zip code for that 1966 monster >>

x 63----- Sonny

Griffins · June 7, 2013 9:20AM

<< 

<< Then how does MH make money on the auction? Does the BP go directly to them? >>

The BP goes directly to the auction house. They often charge 10% to the consignor as well, but this fee is regularly waived if you consign a decent amount (e.g., $25,000 or more). This particular auction house had a special offer for this or their next auction where if you consigned $50K or more with them, they not only would waive the consignor's fee, they would give the consignor 5% of the hammer price (roughly 25% of the buyer's premium). >>

There are a lot of auction houses that don't charge a sellers fee- Goodwin, Love of the Game, probably a few others. And that is for anyone. The rest will negotiate, and giving back more that 5% of the buyers fee isn't unheard of.

1966 Mile High set

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