2012 REA auction

Big80s · April 18, 2012 2:43PM

I received my catalog today in the mail. Talk about a kid in a candy store. This selection blows my mind. Anybody got their eye on any lots? I'm watching quite a few.

sbfinley · April 18, 2012 3:02PM

The day bidding opened I placed a half dozen fairly strong bids. Within 48 hours I was outbid on three and bid to my limit on the other half. Looks like I'm just going to have to pick one lot and go all in.

thehallmark · April 18, 2012 3:10PM

I'm watching the 1968 Topps 3D Clemente, but only for fun. I'd have to pimp myself out for years to afford it.

Dpeck100 · April 18, 2012 9:14PM

WOW that 3d Clemente is going to bring huge money.

mexpo75 · April 18, 2012 10:16PM

Can anyone guess on what the cost to produce and then UPS that 5 lb. catalog to everyone cost REA?

Big80s · April 18, 2012 10:41PM

<< Can anyone guess on what the cost to produce and then UPS that 5 lb. catalog to everyone cost REA? >>

I was wondering this same thing. It's literally thicker than the yellow pages.

miconelegacy · April 18, 2012 11:36PM

I have no idea what the final total of the auctions will be, but let's 4-5 million. Maybe .5%/1% cost for the catalogs, that's only 25K to 50K in cost.

Putting that catalog in front of bidders will net them more than the cost of the expense by having more bids.

My numbers could be way off, just an example.

thunderdan · April 18, 2012 11:59PM

<< Can anyone guess on what the cost to produce and then UPS that 5 lb. catalog to everyone cost REA? >>

Last year I consigned some stuff to Rob, and I remember him saying during one of our conversations that (last year) REA spent around $100K just on the postage for those "catalogues."

They go all out with their descriptions and pics, but they always have great stuff to bid on, and they bring in great prices.

Bosox1976 · April 19, 2012 12:01AM

Love that 1971 topps baseball set too!

Linky

Francart · April 19, 2012 12:09AM

There are a few different complete 1954 Topps baseball sets that look pretty sweet.

sbfinley · April 19, 2012 1:07AM

<< I have no idea what the final total of the auctions will be, but let's 4-5 million. Maybe .5%/1% cost for the catalogs, that's only 25K to 50K in cost.

Putting that catalog in front of bidders will net them more than the cost of the expense by having more bids.

My numbers could be way off, just an example. >>

Last year they almost hit 10 million in sales if I recall correctly. BP is 17.5% and I don't recall if there is a seller's premium. I'd say Rob does ok for himself even with the shipping and printing costs.

Ironmanfan · April 19, 2012 2:21AM

<< Can anyone guess on what the cost to produce and then UPS that 5 lb. catalog to everyone cost REA? >>

Gotta cost at least $250 or so......

halosfan · April 19, 2012 2:27AM

I've never mucked with auction houses ...

hammered · April 19, 2012 3:05AM

<< Love that 1971 topps baseball set too!

Linky >>

I'll be watching this auction as well, because an all-8 PSA set from 71 is what I have been working on for a few years now. I've been wondering what current value of a complete set would be.

mexpo75 · April 19, 2012 3:05AM

I spoke to REA a little while ago and they said the cost was well over $100K.

Big80s · April 19, 2012 3:10AM

<< Love that 1971 topps baseball set too!

Linky >>

What do you think an item like that will end at, Mike?

halosfan · April 19, 2012 6:00AM

Jeff, I pulled up your site for the first time. Well done

Big80s · April 19, 2012 6:04AM

<< Jeff, I pulled up your site for the first time. Well done >>

Thanks for checking it out. It needs some new rips, BAD!

Alfonz24 · April 19, 2012 8:02AM

I got my eye on this at Heritage:
Jose Canseco Hat from the Rangers - ball hit head and went over fence

wrighty · April 19, 2012 8:33AM

My guess on the 1971 set would be just shy of $30,000

Ripken · April 19, 2012 9:56AM

REA ships at least 10,000 catalogs. At an average cost of $10 each, that's $100,000...some no doubt cost more.

cincyredlegs · April 19, 2012 10:30AM

Got mine today and all I can say is WOW. Just leafed through but it looks incredible. Heck, this could be a nice coffee table book.

Mark

Bosox1976 · April 19, 2012 10:37AM

<< My guess on the 1971 set would be just shy of $30,000 >>

I was going to say $25k, but given the old flips, who knows?

orioles93 · April 20, 2012 3:04AM

Can anyone get a catalog shipped to them and are they free to get?

ezyshooter · April 20, 2012 4:05AM

I hate there layout. They need more categories. If you want just hockey then have a just hockey etc....
Steve

bxb · April 20, 2012 5:05AM

My right arm developed a nerve compression palsy after holdiing the catalog for 2 hours.

cincyredlegs · April 20, 2012 5:38AM

<< Can anyone get a catalog shipped to them and are they free to get? >>

Yeah...just go to their website and you can get on the mailing list.

Mark

mcadams · April 20, 2012 10:16AM

<< 

<< Can anyone get a catalog shipped to them and are they free to get? >>

Yeah...just go to their website and you can get on the mailing list.

Mark >>

I don't think you specifically have to look for a mailing list, at least I never did. I registered and bid on 1 item last year and was automatically mailed a book within about a week last year. They also sent me one this year.

bigwilli · April 20, 2012 10:25AM

I love browsing the catalog every year . I didnt get this years though . Wish i did .

mcadams · April 20, 2012 11:49PM

The catalog is cool to read, but it would be better if it were organized somehow. Oldest to newest maybe? Anything would be better than the randomness of the current book.

I looked up a few items Thursday online. Didn't appear to be any bargains for sure. The few things I was intested in were already bid up to 1.5 - 2.5x the estimate.

miconelegacy · April 21, 2012 12:14AM

I think we are going to see lots of record highs on Vintage, Modern, low Pop cards.

There are so many auctions coming up. And your right a lot of the auctions seem to be bid up quite a bit already.

Will be fun to watch. I have my eye on one card for right now...

Big80s · May 12, 2012 12:50AM

I'm currently the high bidder on three items, with 5 hours to go. I'm not sure I'm in enough to win them, though.

Anybody else go after an item?

CharleyBrown · May 12, 2012 12:54AM

I'm going after a particular lot - was just outbid this morning. Debating if I should bid again at this point.

Big80s · May 12, 2012 12:57AM

<< I'm going after a particular lot - was just outbid this morning. Debating if I should bid again at this point. >>

I'm in a similar situation with a card I can't stop thinking about!

mknez · May 12, 2012 1:20AM

I'm still winning one lot, not sure if it will hold on though.

Big80s · May 12, 2012 1:29AM

How does their bidding system work exactly? It sounds like as long as you've bid during the initial round - you're able to bid again after this first round ends.

grote15 · May 12, 2012 1:30AM

<< How does their bidding system work exactly? It sounds like as long as you've bid during the initial round - you're able to bid again after this first round ends. >>

On that same item, yes.

Big80s · May 12, 2012 1:31AM

Thanks Grote!

Here's what I found on the site:
"The final day of bidding for all Lots is Saturday, May 12, 2012. Bids may be placed at any time prior to 4:00 PM EDT, May 12, 2012. The auction is scheduled to close at 4:00 PM EDT on May 12, 2012, HOWEVER, we will continue to accept bids after 4:00 PM EDT on all lots in the auction until approximately 15 minutes pass without either a phone or internet bid. IF YOU HAVE NOT BID ON AN ITEM BEFORE 4:00 PM, YOU CANNOT BID ON IT AFTER 4:00 PM.To ensure that everyone can get through to bid, we will remain open for bids until approximately fifteen minutes pass without a bid. If the line is busy, we are still accepting calls. This system is designed to reward bidders, not the person who can stay up the latest. If the auction continues to as late as 11 P.M. EDT on May 12, 2012, Robert Edward Auctions reserves the right to close the auction, at its sole discretion, at any time. We recommend bidders leave maximum left bids utilizing Robert Edward Auctions’ “Honest Auto-Bid” system to avoid disappointment. There will be no warning as to exactly when we will close the auction should bidding continue past 11:00 P.M. EDT. We do not anticipate the auction to remain open past 3:00 A.M. EDT (technically the morning of May 13, 2012). This closing system is designed to reward bidders, and eliminate all strategies which needlessly encourage the auction to remain open many hours into the following day, potentially giving an advantage to bidders who have the ability to stay up the latest. When the auction is over, callers will be greeted with a message informing them that the auction is over, and a message will also appear on our website stating that all bidding is closed. All lots remain open for bidding until the close of the entire auction. All lots are closed simultaneously."

PSASAP · May 12, 2012 2:25AM

Speaking of catalogs, how about the SCP catalog with the Dimitri Young collection. The slipcover is a really nice addition.

Big80s · May 12, 2012 2:43AM

I haven't seen it yet - when did they go out?

Archaninator · May 12, 2012 4:40AM

Big80s · May 12, 2012 4:44AM

<< Anyone ever feel like they received a VERY good deal in a REA auction? >>

I have yet to win any auctions with them, but I'm hoping my luck will change this afternoon. Have you had any good experiences? They always have my favorite selection of any of the major houses.

scmavl · May 12, 2012 5:02AM

If anyone wins lot 665, I'd be interested in the Killebrew Bazooka box.

Archaninator · May 12, 2012 5:03AM

Big80s · May 12, 2012 5:08AM

The additional fees associated with the auctions has turned me off in the past. Unfortunately, some of the items they offer is only available through major auction houses.

miklia · May 12, 2012 5:23AM

hahahahaha...

it would be hard to imagine that this case does not include a generous supply of Mint 9s and Gem Mint 10s of every player in the set

probably 40 of each, minimum.

I'm high bidder on a couple of items, not holding my breath though.

grote15 · May 12, 2012 5:26AM

I was in on the graded 72 BB wax box, but the price now with buyer's premium is already above retail..must be a collector buying it because no money is to be made on that one..

Maurice · May 12, 2012 5:43AM

<< I have yet to win any auctions with them, but I'm hoping my luck will change this afternoon. >>

This afternoon? I think you mean tomorrow morning.

waverlee · May 12, 2012 5:48AM

I only bid on lots that came straight from the New York Public Library

Archaninator · May 12, 2012 5:54AM

Maurice · May 12, 2012 6:26AM

There's something wrong with you Archaninator.

2012 REA auction

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