Re: The Jim Brown Jersey
roger, the reason i think this auction makes a poor poster child for a bad economy is because of the anemic number of bids submitted on just about every single lot. your point about taking one or two guys out of the bidding war is exactly right, but if you introduce the lots to a larger audience then there is the possibility that this dynamic can be diminished. anyway, i just think that if this auction was better executed, had it reached more collectors, then the hammer prices would have been much, much higher. did you happen to win any of the helmets?
...
-
Re: The Jim Brown Jersey
In the jersey description it is noted the amount of wear on the crotch piece. If the buttons were used this many times putting the jersey on and taking it off, should'nt there be at least one repair? Can anyone give me an answer to that? Thanks!
BruceLeave a comment:
-
Re: The Jim Brown Jersey
I think the economy did effect the final price, on the lower price stuff more than the upper end stuff. Any time you take one or two guys out of the bidding process it could reduce the sale price in half. Take the guy that owned this stuff. There are several things that I bid against him on in other auctions. At the end it was me and him. If me or him was out of that bidding process I know the price would have been half. If this stuff belonged to someone else and he was bidding, I'm sure the things he was interested in would have went for way more. Just two more bids by him at the end of the Jim Brown would have put the price at $62557.00. Thats why I think they cost their self thousands of dollar by the format they run.
The unknown with the proxy bid is why I did not handle this auction like I do on other auctions that has a item I really want. I did not know if the highest proxy bid was the starting place or if during the live auction my proxy would have only been increased with a competing bid. I did get several things less than my proxy, how I do not know. One item sold for my proxy but I did not get it, I don't know how that happened either.
RogerLeave a comment:
-
Re: The Jim Brown Jersey
I don't know all of the rules of an auction like this, but as I am reviewing some of the lots and the final prices, there are a few with only one bid, yet, the winning bid is more than the starting bid. The Unitas jersey is one. The starting bid was 25,000 and there was only one bid, yet the final bid was 35,000. I don't get it...
Is the 35K a proxy bid that someone sent in? Do they get it for the 25K or if the proxy is 35K is that what they end of paying? There are other examples as well. I thought it may be a reserve, but I do not see one on the lots in question.
Help me understand...Leave a comment:
-
Re: The Jim Brown Jersey
Yes, the Christmas thing was going through my head after each of my successful bids. That and the 20% fee that I kept forgetting...
The timing of the year was the biggest concern for me. I had to stop and tell the Mastro rep that kept calling me that I wasn't interested in a couple lots even though they were going to go for less than I had originally planned to bid and aquire them.Leave a comment:
-
-
Re: The Jim Brown Jersey
exactly ken - and how about inviting cannibalism by listing so many like items? if the seller wanted everything moved in the same auction i guess i could understand it - but i would think an auction house would do everything in its power to convince a seller that so many items would be better served spread out over several auctions...
...Leave a comment:
-
Re: The Jim Brown Jersey
I've got some stuff to sell and I can tell you right now I'm putting it on ebay rather than consigning, those prices were horrible!Leave a comment:
-
Re: The Jim Brown Jersey
Also, not only was it asinine to have a live auction on a Monday when most of the world is still at work, but what about having it in the middle of December? I've found that Christmas buying slows down almost everyone's purchasing power.
KenLeave a comment:
-
Re: The Jim Brown Jersey
Regarding the prices realized, I'm not a FB guy, although I've enjoyed several of the recent threads, but I still check out game used bats. Let me tell you, just about every older game used bat I've looked at has gone just as high as ever. Maybe the recession is hitting other elements of collecting, but the bat collectors aren't slowing down a bit!
Ken
earlywynnfan5@hotmail.comLeave a comment:
-
Re: The Jim Brown Jersey
imo the "economy" had nothing to do with the low selling prices - i think the auction was just very poorly executed. in fact i would be pretty pizzed if i was a consignor. it seems that mastro banked on a great "live" turnout and didn't put much energy into the internet audience - a huge mistake.
the economy wasn't any different a few months ago when the brown jersey sold for $70k. and look at some of the other items (helmets). the greg pritt clear shell mac sold for only $300 with only 1 bid entered - ou clear shell helmets, attributed to no particular player, regularly sell for much more at the cstv auction. heck, that pruitt lid would have sold for no less than $1,000 on ebay. the same goes for the garrison hearst "gamer" - it only sold for $350 with just two bids. it would have gone for much more on ebay. the great looking college all-star leather helmet is another good example - only two bids and sold for a fraction of what it would have gone for on ebay. it goes on and on - the classic bears wilson lid, attributed to turner, sold for just $375 with only two interested parties - just laughable. the james harris rams "gamer" sold for an anemic $225 with only two bids - this thing would have sold for at least $500 on ebay even if listed as nothing more than a vintage rams gamer. just pathetic.
so i'm sorry, i just don't buy into the notion that the economy had anything to do with the ridiculously low selling prices realized - just a very poorly conceived auction imo.Leave a comment:
-
Re: The Jim Brown Jersey
I thought the same thing Dave...also not just the final prices, but look at how many bids were placed across the board....
I also couldn't believe that they would have chosen to have a live auction on a MONDAY????...aren't most people working that day?
I would guess that prices will continue to fall no matter where an item is sold....If I owned an auction house, the first that I would do right now would be to drop my greedy 20% rates...
The first one that does that should see the level of interest increase on both ends....if they don't, I could see e-bay getting a lot more active with really good items and not be a just a dumping groundLeave a comment:
-
-
Re: The Jim Brown Jersey
Are the final selling price numbers on Masto's website correct? If so, the Brown sold for for $47K down from the 70K it sold at REA. That is a big drop. Some other realized prices on their website are so shockingly low that it is now safe to say that this recession has really hit the collectibles market really hard, much like the real estate market.
Regards,
DaveLeave a comment:
-
Re: The Jim Brown Jersey
Jake51,
Tom, I'm like you, and everyone else, I would rather have the nameplate in place. I have only bought one jersey that had the nameplate removed since I have been in the hobby. It was a HOF players jersey that had been recycled into a practice jersey. The sleeves were cut off and hemmed also.
Being in the auto restoration business, I always want to fix things. To be honest, I had a nameplate made and had it sew on, it bothered me. I could see exactly where it was, the size and the odd shape that it was sew on. I found a picture and tried to have the name reproduced and screened exactly, that cost me. The sleeves did not bother me.
I can respect you for not worrying about them being gone. It is just part of the history of a piece. I see both sides.
RogerLeave a comment:
Leave a comment: