ARod's 500th HR ball going to Auction

[Buster]

OK!!!

Just checked.......now 9 bids....$53,600......RESERVE NOT MET!

Now I'm thinking it a $100,000 reserve.

WOW.


Buster

[joelsabi]

OK!!!

Just checked.......now 9 bids....$53,600......RESERVE NOT MET!

Now I'm thinking it a $100,000 reserve.

WOW.


Buster

Update

25000 Steve
27500 SCP transparant automated bid
30250 Madonna
33275 SCP transparant automated bid
36603 Madonna
40263 SCP transparant automated bid
44289 Madonna
48718 SCP transparant automated bid
53590 Madonna

[allstarsplus]

OK!!!

Just checked.......now 9 bids....$53,600......RESERVE NOT MET!

Now I'm thinking it a $100,000 reserve.

WOW.


Buster

Do you think they are reading this thread? We are helping provide advertising! LOL

Could just be Steve pushing it closer to $85,000!

Go Suicide_Squeeze!!!!!

[joelsabi]

LOL.

TOO FUNNY joelsabi!!!

The point in running the ball right up to the bid prior to taking it over the limit is two-fold:

-It means on the very next bid, with days to go (while it was there), the ball sells.

-And, having "activity" on the ball leaves the impression there is serious interest in it, even if there may not be so much. Sometimes, that may be all it takes to get that one extra bid from a potential bidder who may NOT be able to bid anymore, so he will make that ONE last desperation bid that ends up winning the ball.

Wouldn't it SUCK for the winner if the only legitimate bids on the ball was maybe, let's say, the first three, and the rest were shills to get it to the point of making Alex Rodriguez's desired reserve on one potential last bid? That means, in reality, the winning bidder just paid an "A-Rod reserve" premium to win it, NOT an honest market-made price determined by a legit auction process.

We'll never know.

That said, I have no idea which scenario is correct. It may very well be that there are 8 different bidders and that they are positioned to light this rocket once the "initial" bids end, and the after hours bids are made. That's where the rubber meets the road anyways.

I would say if this ball only receives ONE more bid, and that bid wins it AND places it over the reserve, then my opinion may have been right on. But my gut tells me this ball goes substantially higher, maybe even breaking the $100,000 level......maybe.

Definately going to be fun to watch.

Buster

do you think it would fetch more if it was a live auction? at least you would know who your competition was.

[Buster]

do you think it would fetch more if it was a live auction? at least you would know who your competition was.

Good question, but I don't believe so.

Anybody who has the means to bid on an item like this has a following of friends who would let them know about it in the strange event that they missed it, I would think.

Buster

[joelsabi]

Good question, but I don't believe so.

Anybody who has the means to bid on an item like this has a following of friends who would let them know about it in the strange event that they missed it, I would think.

Buster

Buster,

im curious what is the format of the auction, live or internet, for the other home run baseballs that were on that 2003 list and others you mentioned. let me see if i can find some info.

[joelsabi]

8 hours until extended bidding time.

$58,954 and hasnt meet the reserve.

[allstarsplus]

Wow guys, thanks for pointing out the "Reserve Not Met". I didn't notice it before.

Also, if I am reading the rules properly, the 8 bids don't have to be 8 different distinct bidders. Do you agree?

Current Bidding (Reserve Not Met)
Minimum Bid: $25,000
Current Bid: $48,721
Number of Bids: 8

-

Now with 2 hours remaining:

Current Bidding (Reserve Not Met)Minimum Bid:$25,000Current Bid:$71,335Number of Bids:13

http://www.scpauctionsite.com/LotDetail.aspx?lotid=552

[LWMM]

$86,316 with 15 bids in the extended period, and has met the reserve.

[joelsabi]

Now with 2 hours remaining:

Current Bidding (Reserve Not Met)Minimum Bid:$25,000Current Bid:$71,335Number of Bids:13

http://www.scpauctionsite.com/LotDetail.aspx?lotid=552

if youre online there 5 minute left on extended period time and they havent met reserve. the ball might not sell. someone could get lucky and make a last minute bid if the next bid hits the reserve.