So Christie's just finished the first part of their baseball golden age auction, and all I have to say is WTF is up with these prices?!?!
I know they were aiming pretty high with some of these pieces (Jeter game used bat not attributed to any particular achievement being valued at $15k-$20k), but the prices they actually got (not to mention the 25% juice they are charging) are just insane!
Here are a few examples:
Johnny Bench bat for $16k from no particular game, despite avg price around $5k or so as per pricerealized.
Frank Robinson bat for $27,500, again, from no particular achievement, again a bat that can be purchased from $2k-$3k at any other sports auction.
Cool Pappa Bell signed ball for $3k - never mind the fact you can buy these all day long on ebay for under $500.
And my favorite - the generic game used Jeter bat got up to $9k, but didn't sell because it didn't meet the reserve.
So what are your theories on why people bid SO much more than what these pieces typically sell for?
I know they were aiming pretty high with some of these pieces (Jeter game used bat not attributed to any particular achievement being valued at $15k-$20k), but the prices they actually got (not to mention the 25% juice they are charging) are just insane!
Here are a few examples:
Johnny Bench bat for $16k from no particular game, despite avg price around $5k or so as per pricerealized.
Frank Robinson bat for $27,500, again, from no particular achievement, again a bat that can be purchased from $2k-$3k at any other sports auction.
Cool Pappa Bell signed ball for $3k - never mind the fact you can buy these all day long on ebay for under $500.
And my favorite - the generic game used Jeter bat got up to $9k, but didn't sell because it didn't meet the reserve.
So what are your theories on why people bid SO much more than what these pieces typically sell for?
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