Justmark/Mark, thanks for posing that. I would say you took good notes. That is what some of us were looking for, a snapshot of how the auction prices went. Too bad that bargains were hard to come by. I am very surprised that some of those prices are retail. When I first read this post I thought most of the stuff would go for less, closer to dealer buying prices.
This has been a fun thread to follow and I love hearing about "finds". This unopened stuff is still out there.
Love those 70's - early 80's packs and boxes...send me a message if you are selling because I am buying
Prices were strong overall for the better stuff. So much for the venue translating to wholesale discounts. The good stuff will command a premium in any venue.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
A little late to the discussion but I attended all three days of the auction. Remember to add 12.5% buyers premium to the prizes discussed earlier. I discovered early that there weren't going to be many deals on unopened items so I didn't really do much research on them. There were too many really, really sharp people to let good deals slip through. There were a TON of magazines, programs, scorecards, yearbooks which are harder to price so maybe there were some better deals there. A lot of the really high power items such as 54 Bowman box, Rose Postcards, Grignon set, etc were bought by absentee bidders so there wasn't much excitement when those items went off. I picked up a couple of items I really wanted and was the under bidder on several others but didn't spend as much as I had budgeted for myself. Overall it was a really enjoyable way to spend a Saturday/Sunday seeing all of these unique items and getting an education on the realities of pricing sports collectibles.
Lot of 69 1964 standups. $3100
Lot of 9 different 1909 Rose postcards $4600
Misc lot of autographs multiple HOF including four Jackie Robinson $7,000
Lot of 37 different Red Hearts $2,000
Lot of 72 1948 Leaf football $1800
Lot of 3 Certified Ice Cream pins $550
Lot of 9 Wards Sporties pins $750
1969 MLBPA pin set PSA graded $900
I left about 2/3 of the way through the auction on Saturday.
I received word that there is one final weekend for this auction. March 16th and 17th. Cards on Friday, autos on Saturday. Anyone going? I might try Friday night.
Some more big ticket items there! I'm sure there will be a big attendance like the last auctions.
Still boggles my mind that this collection didn't go to a major Sports Auction House (or at least one more well equipped to handle/sort a collection of this nature). It sounds like they achieved some great prices for the last auctions, but could they have achieved more with proper sorting, cataloging, and internet bidding?
Good luck to anyone able to attend! No doubt Steve Hart or his crew will be bidding on the wax and vending, so probably no deals there. Ha!
@SmithAuctionCo said:
Some more big ticket items there! I'm sure there will be a big attendance like the last auctions.
Still boggles my mind that this collection didn't go to a major Sports Auction House (or at least one more well equipped to handle/sort a collection of this nature). It sounds like they achieved some great prices for the last auctions, but could they have achieved more with proper sorting, cataloging, and internet bidding?
Good luck to anyone able to attend! No doubt Steve Hart or his crew will be bidding on the wax and vending, so probably no deals there. Ha!
Actually, IIRC, the Hart gang was there but didn't buy much because the prices were sky high. Reed kept making the comment that people could go to his website and get the items cheaper. IIRC, I think their biggest purchase, and one of their only purchases, was a 1984 Fleer Update case, or half case.
Based on the pricing from the last auction, maybe someone else "passed-away" and gave their hoard to Jennifer. Or maybe someone saw how much of a freenzy the last auction was, and decided to "die" and have an estate sale.
Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83. Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks. Prefer to buy in bulk.
This is the final storage locker from the original Dodro estate. Not sure of exact details but this final grouping was held up in court which is why it wasn’t included in the original auctions.
@SmithAuctionCo said:
Some more big ticket items there! I'm sure there will be a big attendance like the last auctions.
Still boggles my mind that this collection didn't go to a major Sports Auction House (or at least one more well equipped to handle/sort a collection of this nature). It sounds like they achieved some great prices for the last auctions, but could they have achieved more with proper sorting, cataloging, and internet bidding?
Good luck to anyone able to attend! No doubt Steve Hart or his crew will be bidding on the wax and vending, so probably no deals there. Ha!
While the auction house may not know everything about Sports memorabilia they do know how to run an efficient auction. They worked their ass off and did a great job IMO. The quantity of items was mind boggling and they had a very short window to finalize the estate. There were no descendants so the state of Illinois was the final beneficiary of the proceeds. If a good deal slipped through the cracks into a saavy collectors hands then so be it. The big ticket items like cases, vintage unopened boxes, many of the autographs received very legitimate prices IMO.
There were two lots that had unopened cellos of 1987 and 1988 Canon Photocards, which are quite rare indeed. The 1988 looks to have yielded 2 PSA 10s that recently sold for $300 each. Looks like BBCE got the unopened 1987s which look to have yielded at least 2 PSA 10's, with 1 selling for $1100 and the other still available at the same price. Probably a good profit margin as there may not have been as many eyes on those lots.
They just posted photos of (1) 1976, (1) 1977, (1) 1978 (3) 1979 & (1) 1980 Sealed Cases of Topps Baseball Vending Cards. That's not even counting the photos of (34) Cases of 1981 - 1985 Topps Baseball vending cases. That is one crazy find!!! This auction is going to be fun!!!
I have been to the previous auctions and was hoping someone could post the results of the auction tonight like the 70's vending cases and more expensive wax...thanks!
I remember that someone posted the link but they don’t list everything so they? Anyone know if there are individual boxes of 73 football or 75 baseball?
@VintagemanEd said:
I remember that someone posted the link but they don’t list everything so they? Anyone know if there are individual boxes of 73 football or 75 baseball?
I have been to the previous auctions and was hoping someone could post the results of the auction tonight like the 70's vending cases and more expensive wax...thanks!
@Schultz24 said:
Only one not sealed was 1977. 1976 seemed really low based on the 1 ebay sale of a FASC box. Most other stuff going for about retail + again.
Was the 1976 vending case water damaged?
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
There were a couple of very old water rings on the top of the 1976 Topps vending case. Not knowing if there was any water damage inside the sealed case, IMO it sold for a good price. That is an expensive gamble!!! Also on another note, a cousin of the estate was found and went to the last 2 auctions, they were extremely happy and impressed on how the auction went.
@djr said:
I was told by a very reliable source 4SC flew in and bought just about everything.
This could be really good or really bad news for set Registry collectors.
They did and paid strongly for what they got from what I understand.
They did not purchase the 76 vending case, though.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@djr said:
I was told by a very reliable source 4SC flew in and bought just about everything.
This could be really good or really bad news for set Registry collectors.
They did and paid strongly for what they got from what I understand.
They did not purchase the 76 vending case, though.
Interesting. Something they didn't like about case?
Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83. Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks. Prefer to buy in bulk.
@djr said:
I was told by a very reliable source 4SC flew in and bought just about everything.
This could be really good or really bad news for set Registry collectors.
That's about 80,000 cards. Either these are getting ripped to hunt 10's, or thrown back on the market after they open one of them and check out the centering. I would think they need BBCE for the later if they do that.
Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83. Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks. Prefer to buy in bulk.
@dmurphy3mvp said:
I know why the 1978 Topps Baseball Rack market is the way it is, but don't really feel like sharing those reasons just yet. However, since you think you know everything, your question was likely rhetorical.
I've been sitting by my computer for over 6 months to hear the answer to this question. Pleease share with us why the '78 rack market is the way it is; it's time.
Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83. Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks. Prefer to buy in bulk.
The National is about 4 months away. This Chicago auction unearthed a hoard of quality unopened. Interest rates are trickling up. Is it possible we could see a boatload of delicious vending/wax/racks at the BBCE booth this year. My scissors are ready. Chop-Chop...
Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83. Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks. Prefer to buy in bulk.
The National is about 4 months away. This Chicago auction unearthed a hoard of quality unopened. Interest rates are trickling up. Is it possible we could see a boatload of delicious vending/wax/racks at the BBCE booth this year. My scissors are ready. Chop-Chop...
4SC bought all the vending cases with the exception of the 76 case but BBCe did not buy that one, either.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@dmurphy3mvp said:
I know why the 1978 Topps Baseball Rack market is the way it is, but don't really feel like sharing those reasons just yet. However, since you think you know everything, your question was likely rhetorical.
I've been sitting by my computer for over 6 months to hear the answer to this question. Pleease share with us why the '78 rack market is the way it is; it's time.
The Crisser wrote, "What do 78 baseball rack boxes sell for now compared to 2014? I'll hang up and listen."
It's not worth sharing my opinion right now; too soon. Maybe the Crisser can lend us his insight on this product, since he obviously knows everything.
@dmurphy3mvp said:
I know why the 1978 Topps Baseball Rack market is the way it is, but don't really feel like sharing those reasons just yet. However, since you think you know everything, your question was likely rhetorical.
I've been sitting by my computer for over 6 months to hear the answer to this question. Pleease share with us why the '78 rack market is the way it is; it's time.
I'd feel better if I waited a couple more years. Maybe the Crisser can give us his reasons> @Time4aGansett said:
Reed did you attend the last auction, buy anything? Your thoughts if you did?
I attended the auction from the first days in August right up until the last lot late Saturday night. We ended up spending a little less than 25% of the grand total (about $325K) but just $15K last week.
I've read the message board and Facebook posts about the auction; as a dealer I'd say it's better if I don't comment about what my thoughts were, other than to say it disappoints me that some collectors are mad that dealers we're buying lots to re-sell.
@dmurphy3mvp said:
I know why the 1978 Topps Baseball Rack market is the way it is, but don't really feel like sharing those reasons just yet. However, since you think you know everything, your question was likely rhetorical.
I've been sitting by my computer for over 6 months to hear the answer to this question. Pleease share with us why the '78 rack market is the way it is; it's time.
The Crisser wrote, "What do 78 baseball rack boxes sell for now compared to 2014? I'll hang up and listen."
It's not worth sharing my opinion right now; too soon. Maybe the Crisser can lend us his insight on this product, since he obviously knows everything.
Understood Reed. Maybe you can educate me at the National. Really value yours/Steve's thoughts.
Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83. Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks. Prefer to buy in bulk.
@dmurphy3mvp said:
I know why the 1978 Topps Baseball Rack market is the way it is, but don't really feel like sharing those reasons just yet. However, since you think you know everything, your question was likely rhetorical.
I've been sitting by my computer for over 6 months to hear the answer to this question. Pleease share with us why the '78 rack market is the way it is; it's time.
The Crisser wrote, "What do 78 baseball rack boxes sell for now compared to 2014? I'll hang up and listen."
It's not worth sharing my opinion right now; too soon. Maybe the Crisser can lend us his insight on this product, since he obviously knows everything.
Understood Reed. Maybe you can educate me at the National. Really value yours/Steve's thoughts.
I'll make you a deal; pull me aside at the National and identify yourself, and I'll share with you a bit more about what I can tell you. But just you!
I attended the auction from the first days in August right up until the last lot late Saturday night. We ended up spending a little less than 25% of the grand total (about $325K) but just $15K last week.
I've read the message board and Facebook posts about the auction; as a dealer I'd say it's better if I don't comment about what my thoughts were, other than to say it disappoints me that some collectors are mad that dealers we're buying lots to re-sell.
I don't understand why collectors would be upset {might be jealousy}. First off, they had the same chance to fly out & spend 325K if they wanted too, auction was heavily promoted. Secondly, every collector is a dealer/seller, {whether they admit it or not} If they flip, sell there extra's or consign to auction houses etc. I would be surprised if anyone on these boards could say they never sold an item and have no plans to ever sell anything they collect and their family has no plans to sell anything after they are gone. Thirdly, your company provides a service, many would not have access to the product, You guys travel the globe bringing the product to customers who otherwise might not have a chance to get it; it's not they make 1976 cards anymore. And finally, although I wasn't there it seems like there were many strong prices which even makes it harder to move for you since obviously prices will need to be higher. Just my .02 FWIW.
I have to much S**t; so if you working on sets or are a player/team collector, send me your want list, with conditions desired. Keep in mind I have a another job so please allow me a few days to respond.
I attended the auction from the first days in August right up until the last lot late Saturday night. We ended up spending a little less than 25% of the grand total (about $325K) but just $15K last week.
I've read the message board and Facebook posts about the auction; as a dealer I'd say it's better if I don't comment about what my thoughts were, other than to say it disappoints me that some collectors are mad that dealers we're buying lots to re-sell.
I don't understand why collectors would be upset. First off, they had the same chance to fly out & spend 325K if they wanted too, auction was heavily promoted. Secondly, every collector is a dealer/seller, {whether they admit it or not} If they flip, sell there extra's or consign to auction houses etc. I would be surprised if anyone on these boards could say they never sold an item and have no plans to ever sell anything they collect and their family has no plans to sell anything after they are gone. Thirdly, your company provides a service, many would not have access to the product, You guys travel the globe bringing the product to customers who otherwise might not have a chance to get it; it's not they make 1976 cards anymore. And finally, although I wasn't there it seems like there were many strong prices which even makes it harder to move for you since obviously prices will need to be higher. Just my .02 FWIW.
Yeah, there is definitely no reason to be mad at a dealer buying something to resell. That is how business and the economy works. With any product there is an end user or consumer, and they typically pay the highest price out of anyone in the process. In the Sports Card world, that is usually the collector.
Being an auctioneer, we love when collectors buy items we auction, because usually that means it brought a good fair market price. If a dealer is buying, then we can assume there is some money left on the table.
I did not attend the auction, but have heard that some like items were sold "by the piece choice" - meaning if there were (10) of the same case, the first highest bidder could take 1 or all 10 of the item at the first highest bid price. This process can phase out a "collector" buyer, first because the process can intimidate some buyers (are you bidding to high at first? Could they price go down as the items are sold?), and also because a dealer can gobble up the entire group of items because they have the money to do so. A collector may not have the means to buy (10) $1,500 cases, but could afford to buy (1) of the same case for say $1,800.
Also, being as the auction did not have online bidding or even a catalog listing online, I'm sure many feel as if they maybe missed out on some deals if they didn't (or couldn't) attend. I don't know of many auction houses anymore who don't offer online bidding or at least a catalog listing - especially for this magnitude (dollar value) of a collection. It was definitely an anomaly for the times, and kept thousands of potential bidders from participating.
@dmurphy3mvp - Do you think a catalog listing or online bidding (of at least some of the more prominent items) would have made a difference in prices realized?
All that being said, more power to the ones who could attend and make some money. If this happened closer to me, I would have definitely been there trying to score a few deals!
Also, being as the auction did not have online bidding or even a catalog listing online, I'm sure many feel as if they maybe missed out on some deals if they didn't (or couldn't) attend. I don't know of many auction houses anymore who don't offer online bidding or at least a catalog listing - especially for this magnitude (dollar value) of a collection. It was definitely an anomaly for the times, and kept thousands of potential bidders from participating.
@dmurphy3mvp - Do you think a catalog listing or online bidding (of at least some of the more prominent items) would have made a difference in prices realized?
All that being said, more power to the ones who could attend and make some money. If this happened closer to me, I would have definitely been there trying to score a few deals!
I guess you could interpret this as defending the business model of Auctions by Jennifer, but how they run their auction house is what they are most comfortable with. For the past several months, having spent so much time there, I heard the questions they had to field from both in-person bidders and those who were frustrated over the phone. They believe the model works for them, and having seen it in action, I agree with their assessment. Like the rest of you, though you may not want to admit it, I didn't think this small auction company with no experience in the sports collectibles market, would do this collection any favors. I now truly believe no dealer would have made an offer on this collection within a couple hundred thousand of the net proceeds of the auction.
Do I wish I could have done online bidding? I suppose so. But when an auction house that admittedly tells you they don't have any expertise in sports collectibles lands a consignment like this, are you really going to trust their descriptions and pictures online, or are you going to go out there and see it for yourself? I made the effort, and believe that effort was rewarded properly with the opportunity to buy product intelligently with the intention to sell at a profit. If you didn't think it was worth the effort to travel, and expected the auction house to tell you everything you needed to know to bid comfortably, then make sure you thank me the next time you see me, as I was the one providing most of the answers to the questions they couldn't accurately answer themselves - all at the cost of someone else potentially bidding against me too!
In short, no, I don't think having a catalog listing or online bidding would have made a significant difference in the prices realized. Anything that we bought that we made a decent amount of money (dollar amount or percentage wise) was mainly limited to autographs (slower turnaround time and have to incur additional authentication costs), junk wax (most people don't really want to deal in this anyways), or knowing the true value of an item that the rest of the room didn't recognize.
Also, being as the auction did not have online bidding or even a catalog listing online, I'm sure many feel as if they maybe missed out on some deals if they didn't (or couldn't) attend. I don't know of many auction houses anymore who don't offer online bidding or at least a catalog listing - especially for this magnitude (dollar value) of a collection. It was definitely an anomaly for the times, and kept thousands of potential bidders from participating.
@dmurphy3mvp - Do you think a catalog listing or online bidding (of at least some of the more prominent items) would have made a difference in prices realized?
All that being said, more power to the ones who could attend and make some money. If this happened closer to me, I would have definitely been there trying to score a few deals!
I guess you could interpret this as defending the business model of Auctions by Jennifer, but how they run their auction house is what they are most comfortable with. For the past several months, having spent so much time there, I heard the questions they had to field from both in-person bidders and those who were frustrated over the phone. They believe the model works for them, and having seen it in action, I agree with their assessment. Like the rest of you, though you may not want to admit it, I didn't think this small auction company with no experience in the sports collectibles market, would do this collection any favors. I now truly believe no dealer would have made an offer on this collection within a couple hundred thousand of the net proceeds of the auction.
Do I wish I could have done online bidding? I suppose so. But when an auction house that admittedly tells you they don't have any expertise in sports collectibles lands a consignment like this, are you really going to trust their descriptions and pictures online, or are you going to go out there and see it for yourself? I made the effort, and believe that effort was rewarded properly with the opportunity to buy product intelligently with the intention to sell at a profit. If you didn't think it was worth the effort to travel, and expected the auction house to tell you everything you needed to know to bid comfortably, then make sure you thank me the next time you see me, as I was the one providing most of the answers to the questions they couldn't accurately answer themselves - all at the cost of someone else potentially bidding against me too!
In short, no, I don't think having a catalog listing or online bidding would have made a significant difference in the prices realized. Anything that we bought that we made a decent amount of money (dollar amount or percentage wise) was mainly limited to autographs (slower turnaround time and have to incur additional authentication costs), junk wax (most people don't really want to deal in this anyways), or knowing the true value of an item that the rest of the room didn't recognize.
Thanks for the in depth reply and honest thoughts on the auction.
When I first heard about the auction(s) and saw how it was being promoted, I thought for sure that someone was going to walk away making some serious cash on their buys. And no doubt, many others thought the same as you mentioned.
A quality collection markets its self in the end. I know some of the big auction companies are probably scratching their heads thinking "Man, we spend $50k to $100k on a full color catalog and other promotions of an auction, and this company puts up a $20 AuctionZip ad with no catalog listing, and realizes the same prices or more for the material without knowing exactly what they were selling." Sort of a case study in auction promotion.
@flatfoot816 said:
welcome newbie...glad to see you post here
Reed should get a check mark or something next to his ID, like all the verified celebrity Twitter members
His name is ReedBBCE right in the username and we know it is him though man.
I personally like this site being clean and not full of extra icons. We will have gifs and glitter filled posts everywhere if we open pandora's box...
I think you're missing the point. Anyone can sign up any username they want. We all agree this is Reed, but it would be cool to have verification for some of the big hitters (Evan/Reed/Brady/Steve Hart/) to minimize any alts coming on here.
The board already tried to verify CrissCross but he elected to remain a troll.
Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83. Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks. Prefer to buy in bulk.
Sorry about that. I didn't realize I had two logins all this time. The dmurphy3mvp account is tied to my phone, and I guess when I'm logged in to the PSA site on my laptop, it went to the other ID.
I guess the secret is out...I have an alt.
If I may do a little self promotion, I made an unbelievable find (yes, the term "find" is over used in the hobby) last week in Missouri. Trying to get Steve on board to share it with everyone, buy we're trying to come up with a plan first. Stay tuned.
@dmurphy3mvp said:
Sorry about that. I didn't realize I had two logins all this time. The dmurphy3mvp account is tied to my phone, and I guess when I'm logged in to the PSA site on my laptop, it went to the other ID.
I guess the secret is out...I have an alt.
If I may do a little self promotion, I made an unbelievable find (yes, the term "find" is over used in the hobby) last week in Missouri. Trying to get Steve on board to share it with everyone, buy we're trying to come up with a plan first. Stay tuned.
Can't wait to hear Reed. Is it the "Holy Grail" of of unopened?
Collecting PSA 9's from 1970-1977. Raw 9's from 72-77. Raw 10's from '78-'83. Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks. Prefer to buy in bulk.
Comments
Justmark/Mark, thanks for posing that. I would say you took good notes. That is what some of us were looking for, a snapshot of how the auction prices went. Too bad that bargains were hard to come by. I am very surprised that some of those prices are retail. When I first read this post I thought most of the stuff would go for less, closer to dealer buying prices.
This has been a fun thread to follow and I love hearing about "finds". This unopened stuff is still out there.
Thanks for posting Mark! I would be a buyer on many of those lots at those prices. Not sure that they would be necessarily retail from my experience.
Prices were strong overall for the better stuff. So much for the venue translating to wholesale discounts. The good stuff will command a premium in any venue.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
A little late to the discussion but I attended all three days of the auction. Remember to add 12.5% buyers premium to the prizes discussed earlier. I discovered early that there weren't going to be many deals on unopened items so I didn't really do much research on them. There were too many really, really sharp people to let good deals slip through. There were a TON of magazines, programs, scorecards, yearbooks which are harder to price so maybe there were some better deals there. A lot of the really high power items such as 54 Bowman box, Rose Postcards, Grignon set, etc were bought by absentee bidders so there wasn't much excitement when those items went off. I picked up a couple of items I really wanted and was the under bidder on several others but didn't spend as much as I had budgeted for myself. Overall it was a really enjoyable way to spend a Saturday/Sunday seeing all of these unique items and getting an education on the realities of pricing sports collectibles.
Some other realized prices:
Lot of 69 1964 standups. $3100
Lot of 9 different 1909 Rose postcards $4600
Misc lot of autographs multiple HOF including four Jackie Robinson $7,000
Lot of 37 different Red Hearts $2,000
Lot of 72 1948 Leaf football $1800
Lot of 3 Certified Ice Cream pins $550
Lot of 9 Wards Sporties pins $750
1969 MLBPA pin set PSA graded $900
I left about 2/3 of the way through the auction on Saturday.
I received word that there is one final weekend for this auction. March 16th and 17th. Cards on Friday, autos on Saturday. Anyone going? I might try Friday night.
http://www.auctionsbyjennifer.com/
Some more big ticket items there! I'm sure there will be a big attendance like the last auctions.
Still boggles my mind that this collection didn't go to a major Sports Auction House (or at least one more well equipped to handle/sort a collection of this nature). It sounds like they achieved some great prices for the last auctions, but could they have achieved more with proper sorting, cataloging, and internet bidding?
Good luck to anyone able to attend! No doubt Steve Hart or his crew will be bidding on the wax and vending, so probably no deals there. Ha!
Actually, IIRC, the Hart gang was there but didn't buy much because the prices were sky high. Reed kept making the comment that people could go to his website and get the items cheaper. IIRC, I think their biggest purchase, and one of their only purchases, was a 1984 Fleer Update case, or half case.
>
Successful transactions on the BST boards with rtimmer, coincoins, gerard, tincup, tjm965, MMR, mission16, dirtygoldman, AUandAG, deadmunny, thedutymon, leadoff4, Kid4HOF03, BRI2327, colebear, mcholke, rpcolettrane, rockdjrw, publius, quik, kalinefan, Allen, JackWESQ, CON40, Griffeyfan2430, blue227, Tiggs2012, ndleo, CDsNuts, ve3rules, doh, MurphDawg, tennessebanker, and gene1978.
Based on the pricing from the last auction, maybe someone else "passed-away" and gave their hoard to Jennifer. Or maybe someone saw how much of a freenzy the last auction was, and decided to "die" and have an estate sale.
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
This is the final storage locker from the original Dodro estate. Not sure of exact details but this final grouping was held up in court which is why it wasn’t included in the original auctions.
While the auction house may not know everything about Sports memorabilia they do know how to run an efficient auction. They worked their ass off and did a great job IMO. The quantity of items was mind boggling and they had a very short window to finalize the estate. There were no descendants so the state of Illinois was the final beneficiary of the proceeds. If a good deal slipped through the cracks into a saavy collectors hands then so be it. The big ticket items like cases, vintage unopened boxes, many of the autographs received very legitimate prices IMO.
There were two lots that had unopened cellos of 1987 and 1988 Canon Photocards, which are quite rare indeed. The 1988 looks to have yielded 2 PSA 10s that recently sold for $300 each. Looks like BBCE got the unopened 1987s which look to have yielded at least 2 PSA 10's, with 1 selling for $1100 and the other still available at the same price. Probably a good profit margin as there may not have been as many eyes on those lots.
eBay Store
Greg Maddux #1 Master SetGreg Maddux #2 Basic Set
They just posted photos of (1) 1976, (1) 1977, (1) 1978 (3) 1979 & (1) 1980 Sealed Cases of Topps Baseball Vending Cards. That's not even counting the photos of (34) Cases of 1981 - 1985 Topps Baseball vending cases. That is one crazy find!!! This auction is going to be fun!!!
I have been to the previous auctions and was hoping someone could post the results of the auction tonight like the 70's vending cases and more expensive wax...thanks!
I remember that someone posted the link but they don’t list everything so they? Anyone know if there are individual boxes of 73 football or 75 baseball?
https://auctionzip.com/Listings/3049601.html
eBay Store
Greg Maddux #1 Master SetGreg Maddux #2 Basic Set
1980 topps vending - $9250
1979 topps vending - $10500 ea
1978 topps vending - $18500
1977 topps vending - $20000
1976 topps vending - $37000
I have been to the previous auctions and was hoping someone could post the results of the auction tonight like the 70's vending cases and more expensive wax...thanks!
Thx Schultz...anything else that was interesting. Were those cases sealed? Seems a bit low on some of them
Only one not sealed was 1977. 1976 seemed really low based on the 1 ebay sale of a FASC box. Most other stuff going for about retail + again.
Thanks for posting.
Bosox1976
Was the 1976 vending case water damaged?
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
A few prices I tracked:
2 cases of 1987 Topps Tiffany & 1 case 87 Topps Tiffany Traded - $1700
5 Boxes 1985 OPC - $530
7 Boxes 1984 OPC - $525
8 Boxes 97 Topps Series 2 - $150
5 Boxes of Dukes of Hazzard Rack Packs - $1100
4 Cases 1983 Fleer Vending - $800 ea
2 Cases 1984 Fleer Vending - 1-$1800, 1-$1200
4 Cases 1985 Fleer Vending - 2-%1850, 1-$1000, 1-$500 (open less 4 boxes)
1 Box 1981 Topps Football Rack Packs -$1100
5 Boxes 1985 Topps Football Wax - $1600
1 Case 1981 Fleer Star Stickers - $225
3 Boxes 1996 Donruss Baseball Was - $65
4 Boxes 1995 Donruss Baseball Was - $55
6 Cases 1981 Topps Vending - $1700 ea
14 Cases 1985 Topps Vending - $1150 ea
Mark
wow.. what an unbelievable hoard
There were a couple of very old water rings on the top of the 1976 Topps vending case. Not knowing if there was any water damage inside the sealed case, IMO it sold for a good price. That is an expensive gamble!!! Also on another note, a cousin of the estate was found and went to the last 2 auctions, they were extremely happy and impressed on how the auction went.
They did and paid strongly for what they got from what I understand.
They did not purchase the 76 vending case, though.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Interesting. Something they didn't like about case?
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
That's about 80,000 cards. Either these are getting ripped to hunt 10's, or thrown back on the market after they open one of them and check out the centering. I would think they need BBCE for the later if they do that.
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
I've been sitting by my computer for over 6 months to hear the answer to this question. Pleease share with us why the '78 rack market is the way it is; it's time.
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
The National is about 4 months away. This Chicago auction unearthed a hoard of quality unopened. Interest rates are trickling up. Is it possible we could see a boatload of delicious vending/wax/racks at the BBCE booth this year. My scissors are ready. Chop-Chop...
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
4SC bought all the vending cases with the exception of the 76 case but BBCe did not buy that one, either.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
The Crisser wrote, "What do 78 baseball rack boxes sell for now compared to 2014? I'll hang up and listen."
It's not worth sharing my opinion right now; too soon. Maybe the Crisser can lend us his insight on this product, since he obviously knows everything.
Reed Kasaoka
Buyer, Baseball Card Exchange
cell: (808) 372-1974
email: ReedBBCE@gmail.com
website: www.bbce.com
eBay stores: bbcexchange, bbcexchange2, bbcexchange3, bbcexchange4
Reed did you attend the last auction, buy anything? Your thoughts if you did?
Thanks to everyone who posted some results. That is great info. This has been a fun topic to read.
Im on the east coast. Maybe some day we will get one of these crazy auctions in my area. If so, I'm there.
I'd feel better if I waited a couple more years. Maybe the Crisser can give us his reasons> @Time4aGansett said:
I attended the auction from the first days in August right up until the last lot late Saturday night. We ended up spending a little less than 25% of the grand total (about $325K) but just $15K last week.
I've read the message board and Facebook posts about the auction; as a dealer I'd say it's better if I don't comment about what my thoughts were, other than to say it disappoints me that some collectors are mad that dealers we're buying lots to re-sell.
Reed Kasaoka
Buyer, Baseball Card Exchange
cell: (808) 372-1974
email: ReedBBCE@gmail.com
website: www.bbce.com
eBay stores: bbcexchange, bbcexchange2, bbcexchange3, bbcexchange4
Understood Reed. Maybe you can educate me at the National. Really value yours/Steve's thoughts.
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
I'll make you a deal; pull me aside at the National and identify yourself, and I'll share with you a bit more about what I can tell you. But just you!
Reed Kasaoka
Buyer, Baseball Card Exchange
cell: (808) 372-1974
email: ReedBBCE@gmail.com
website: www.bbce.com
eBay stores: bbcexchange, bbcexchange2, bbcexchange3, bbcexchange4
I don't understand why collectors would be upset {might be jealousy}. First off, they had the same chance to fly out & spend 325K if they wanted too, auction was heavily promoted. Secondly, every collector is a dealer/seller, {whether they admit it or not} If they flip, sell there extra's or consign to auction houses etc. I would be surprised if anyone on these boards could say they never sold an item and have no plans to ever sell anything they collect and their family has no plans to sell anything after they are gone. Thirdly, your company provides a service, many would not have access to the product, You guys travel the globe bringing the product to customers who otherwise might not have a chance to get it; it's not they make 1976 cards anymore. And finally, although I wasn't there it seems like there were many strong prices which even makes it harder to move for you since obviously prices will need to be higher. Just my .02 FWIW.
I have to much S**t; so if you working on sets or are a player/team collector, send me your want list, with conditions desired. Keep in mind I have a another job so please allow me a few days to respond.
Yeah, there is definitely no reason to be mad at a dealer buying something to resell. That is how business and the economy works. With any product there is an end user or consumer, and they typically pay the highest price out of anyone in the process. In the Sports Card world, that is usually the collector.
Being an auctioneer, we love when collectors buy items we auction, because usually that means it brought a good fair market price. If a dealer is buying, then we can assume there is some money left on the table.
I did not attend the auction, but have heard that some like items were sold "by the piece choice" - meaning if there were (10) of the same case, the first highest bidder could take 1 or all 10 of the item at the first highest bid price. This process can phase out a "collector" buyer, first because the process can intimidate some buyers (are you bidding to high at first? Could they price go down as the items are sold?), and also because a dealer can gobble up the entire group of items because they have the money to do so. A collector may not have the means to buy (10) $1,500 cases, but could afford to buy (1) of the same case for say $1,800.
Also, being as the auction did not have online bidding or even a catalog listing online, I'm sure many feel as if they maybe missed out on some deals if they didn't (or couldn't) attend. I don't know of many auction houses anymore who don't offer online bidding or at least a catalog listing - especially for this magnitude (dollar value) of a collection. It was definitely an anomaly for the times, and kept thousands of potential bidders from participating.
@dmurphy3mvp - Do you think a catalog listing or online bidding (of at least some of the more prominent items) would have made a difference in prices realized?
All that being said, more power to the ones who could attend and make some money. If this happened closer to me, I would have definitely been there trying to score a few deals!
>
I guess you could interpret this as defending the business model of Auctions by Jennifer, but how they run their auction house is what they are most comfortable with. For the past several months, having spent so much time there, I heard the questions they had to field from both in-person bidders and those who were frustrated over the phone. They believe the model works for them, and having seen it in action, I agree with their assessment. Like the rest of you, though you may not want to admit it, I didn't think this small auction company with no experience in the sports collectibles market, would do this collection any favors. I now truly believe no dealer would have made an offer on this collection within a couple hundred thousand of the net proceeds of the auction.
Do I wish I could have done online bidding? I suppose so. But when an auction house that admittedly tells you they don't have any expertise in sports collectibles lands a consignment like this, are you really going to trust their descriptions and pictures online, or are you going to go out there and see it for yourself? I made the effort, and believe that effort was rewarded properly with the opportunity to buy product intelligently with the intention to sell at a profit. If you didn't think it was worth the effort to travel, and expected the auction house to tell you everything you needed to know to bid comfortably, then make sure you thank me the next time you see me, as I was the one providing most of the answers to the questions they couldn't accurately answer themselves - all at the cost of someone else potentially bidding against me too!
In short, no, I don't think having a catalog listing or online bidding would have made a significant difference in the prices realized. Anything that we bought that we made a decent amount of money (dollar amount or percentage wise) was mainly limited to autographs (slower turnaround time and have to incur additional authentication costs), junk wax (most people don't really want to deal in this anyways), or knowing the true value of an item that the rest of the room didn't recognize.
Buyer, Baseball Card Exchange
cell: (808) 372-1974 email: ReedBBCE@gmail.com
Facebook: bbcexchange
website: www.BBCE.com
eBay stores: bbcexchange, bbcexchange2, bbcexchange3, bbcexchange4
welcome newbie...glad to see you post here
Thanks for the in depth reply and honest thoughts on the auction.
When I first heard about the auction(s) and saw how it was being promoted, I thought for sure that someone was going to walk away making some serious cash on their buys. And no doubt, many others thought the same as you mentioned.
A quality collection markets its self in the end. I know some of the big auction companies are probably scratching their heads thinking "Man, we spend $50k to $100k on a full color catalog and other promotions of an auction, and this company puts up a $20 AuctionZip ad with no catalog listing, and realizes the same prices or more for the material without knowing exactly what they were selling." Sort of a case study in auction promotion.
His name is ReedBBCE right in the username and we know it is him though man.
I personally like this site being clean and not full of extra icons. We will have gifs and glitter filled posts everywhere if we open pandora's box...
I think you're missing the point. Anyone can sign up any username they want. We all agree this is Reed, but it would be cool to have verification for some of the big hitters (Evan/Reed/Brady/Steve Hart/) to minimize any alts coming on here.
The board already tried to verify CrissCross but he elected to remain a troll.
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
Sorry about that. I didn't realize I had two logins all this time. The dmurphy3mvp account is tied to my phone, and I guess when I'm logged in to the PSA site on my laptop, it went to the other ID.
I guess the secret is out...I have an alt.
If I may do a little self promotion, I made an unbelievable find (yes, the term "find" is over used in the hobby) last week in Missouri. Trying to get Steve on board to share it with everyone, buy we're trying to come up with a plan first. Stay tuned.
Reed Kasaoka
Buyer, Baseball Card Exchange
cell: (808) 372-1974
email: ReedBBCE@gmail.com
website: www.bbce.com
eBay stores: bbcexchange, bbcexchange2, bbcexchange3, bbcexchange4
Can't wait to see it, Reed! It's still amazing how many finds there still are.
Can't wait to hear Reed. Is it the "Holy Grail" of of unopened?
Collecting Unopened from '72-'83; mostly BBCE certified boxes/cases/racks.
Prefer to buy in bulk.
Does anybody know what a typical percent commission would be for an estate sale as such?
Usually 15-20%