NFL Auctions Pricing Reaching Unreasonable Levels?

[gingi79]

Across the board, every league's auction sells items at a grossly inflated amount.

NHL.com has sold Hockey Fights Cancer, Garth Brooks Patched and Katrina patched jerseys for a tidy amount above normal MeiGray prices for these one game wonders. (Granted there is a partial tax deduction)

NFL.com has sold jerseys at prices that even rich people would scoff at. John Beck is a hallucination right now. Dan Marino jerseys have sold for less than his NFL.com auction. I hope the kid is the next Tom Brady but the value of the jersey will never match the final price.

MLB.com has some steals. If you root for any MLB team, go to their website and watch their auctions, a bargain pops up now and then.

I don't deal in the other leagues so I can't comment on them.
To illustrate my point:
My advice, which you should take with a grain of salt? Wait for the secondary market unless it's an item you must own. eBay has garnered the following 3 Sami Salo's and their original price.


Rookie Sens I paid $200, original buyer paid $595
Third year Alt Sens (25+ repairs!) I paid $202, original Buyer $595
Last year's Canucks Blue I paid $175, original buyer $295

I paid $310 for my white 06/07 Salo, but I saw him wear it live while beating the Senators 2-1 and wearing it while scoring the game winning goal against the Blackhawks (where I photomatched it)

[mvandor]

No way these items will return what people are paying for them on resale. The LT is over $10,000 now. Eric, would you part with yours for that much?

[mvandor]

LT jersey went for $14,000. Any of you that own LT GU jerseys want to tell me you spent CLOSE to that on yours? That's insane, you could nail down a bunch of HOFer GU jerseys for that.

Hell, the Rivers is over $5,500.00 and thus far the guy is not exactly knocking on Canton's door.

Clearly, NFL Auctions and I will never be doing business together. Anyone point me to some former or current Chargers' star players solid GU jerseys I won't have to empty my child's college fund for?

[Eric]

LT throwback jersey ended at over 14k!!!!

http://www.nflauction.nfl.com/cgi-bi...aunbr=91350702

[mvandor]

LT throwback jersey ended at over 14k!!!!

http://www.nflauction.nfl.com/cgi-bi...aunbr=91350702

My point exactly. I'm sure no one here paid CLOSE to that for theirs or could get close to that on resale.

For name players, NFL Auctions has become a buying ground for the rich who have too much money to burn.

[Eric]

Recession? What recession?

Here are some NFL Auction prices from last night

Tomlinson powder blue jersey from '07 $14,010
http://www.nflauction.nfl.com/cgi-bi...aunbr=91350702

Tomlinson '06 throwback helmet $6756
http://www.nflauction.nfl.com/cgi-bi...aunbr=91249075

Carson Palmer 2007 jersey $6440
http://www.nflauction.nfl.com/cgi-bi...aunbr=91313594

Adrian Peterson 2007 jersey $5630
http://www.nflauction.nfl.com/cgi-bi...aunbr=91182966

Philip Rivers 2007 jersey $5589
http://www.nflauction.nfl.com/cgi-bi...aunbr=91186156

Antonio Gates 2007 jersey $4963
http://www.nflauction.nfl.com/cgi-bi...aunbr=91351220

Chad Pennington 2007 jersey $3022
http://www.nflauction.nfl.com/cgi-bi...aunbr=91307365

Tony Romo 2007 jersey $2975
http://www.nflauction.nfl.com/cgi-bi...aunbr=91250583

Shawne Merriman 2007 powder blue jersey $2810
http://www.nflauction.nfl.com/cgi-bi...aunbr=91186157

Champ Bailey 2007 jersey $2510
http://www.nflauction.nfl.com/cgi-bi...aunbr=91186162

Steve Smith 2007 jersey $2260
http://www.nflauction.nfl.com/cgi-bi...aunbr=91312826

Marshawn Lynch 2007 jersey $2210
http://www.nflauction.nfl.com/cgi-bi...aunbr=91189336

Warren Sapp 2007 jersey $2110
http://www.nflauction.nfl.com/cgi-bi...aunbr=91318419

[mvandor]

My point exactly. You guys have been buying from them for years, aren't these prices WAY off the reservation compared to the past?

I bailed on the Rivers jersey at $2,000 which was WAY beyond where I should have gone and it went for over $5,000.

[David]

Of course a auction lot can go way over or under market value in any auction. If auction lots across the board go way overboard, then there is serious question. A comparison is to look at lots in a REA, Lelands or Mastro Auctions-- which are the top advertised sport auction houses in the world and will presumably receive fair market value. If another auction house is trouncing these auction houses across the board, then something would appear to be amiss.

Also note that in most legitimate big auctions, the prices slowly go up as the auction proceeds. Of course some lots will legitimately start with a bang, but most proceed methodically. I've often seriously wondered about auction houses where the bids are across the board at or above market value on day one or two-- as this is abnormal compared to other auction houses.

[scottanservitz]

Chad Pennington for over 3K? Are you kidding me? Hall of Fame jerseys can be had for less than most of these. I am just dumbfounded on these prices.
Scott

[David]

One other thing. Anyone who watches auctions or who sells on eBay knows that items will at, above and below expectations. One item will sell a lot higher than you expected, while another will sell way below. This is the way it naturally works.

Be wary of eBay or other auctioneer where all the lots reach wonderfully high pricing, nothing failed to meed expectations-- as this isn't natural or normal. Even in a well publicized Lelands catalog auction, there will be steals and items that sell less than anticipated-- this is normal auction behavior.