tag:blogger.com,1999:blog-3749098825907573686.post6425628266404605935..comments2023-10-06T13:49:59.091-04:00Comments on Filling Spaces: Several large worldwide collections at auction in AugustBobhttp://www.blogger.com/profile/04111329068221289436noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-3749098825907573686.post-62685932378386632662016-08-21T12:09:36.123-04:002016-08-21T12:09:36.123-04:00Thanks for letting us know the prices realized. I ...Thanks for letting us know the prices realized. I think Jim is right. Auction houses assume that these collections need to be seen in person, which usually means dealers or auction agents. As you say, most individual collectors aren't going to place a $10K+ bid based on so little information.Bobhttps://www.blogger.com/profile/04111329068221289436noreply@blogger.comtag:blogger.com,1999:blog-3749098825907573686.post-69951973415862115882016-08-20T21:53:49.522-04:002016-08-20T21:53:49.522-04:00The BIG collection (auction no. 821) was estimated...The BIG collection (auction no. 821) was estimated at $30-40,000. It sold for $61,950, so that seems to have done well. <br /><br />The collection you referenced above (no. 822) which had an enormous 2016 Scott (owner's) valuation of $165,000 was estimated by the auction house at $15-20,000 and went for ("only")$12,980. If the catalog value is anywhere near accurate, someone got a pretty decent buy at about 8% of catalog value. I'll just have to save up ten or twenty thousand dollars so I can get in on this game. <br /><br />Since you get to see no pictures (as on Ebay), you'd have to be at the auction in order to browse the albums before bidding. Who's going to bid $62K or even $13K without looking at the stamps? Doesn't this mean that auctions are limited primarily to local buyers? Why do that?DrewMhttps://www.blogger.com/profile/08082601555760640397noreply@blogger.comtag:blogger.com,1999:blog-3749098825907573686.post-87277151790788496872016-08-14T16:12:08.690-04:002016-08-14T16:12:08.690-04:00ChrisW, I know, wasn't that rude, even if true...ChrisW, I know, wasn't that rude, even if true? Big Blue collectors--well, worldwide collectors in general--need a thick skin.Bobhttps://www.blogger.com/profile/04111329068221289436noreply@blogger.comtag:blogger.com,1999:blog-3749098825907573686.post-76210400334084603712016-08-14T09:12:37.533-04:002016-08-14T09:12:37.533-04:00Interesting that they state, "forget what you...Interesting that they state, "forget what your initial reactions usually are towards the typical collections found in these albums" referring to Scott Internationals.ChrisWhttps://www.blogger.com/profile/01271059939734829748noreply@blogger.comtag:blogger.com,1999:blog-3749098825907573686.post-66878147542878619802016-08-11T13:27:44.095-04:002016-08-11T13:27:44.095-04:00Jim, I was going to say something similar but not ...Jim, I was going to say something similar but not as nuanced. Thanks. (Or should I just type "Ditto?")Bobhttps://www.blogger.com/profile/04111329068221289436noreply@blogger.comtag:blogger.com,1999:blog-3749098825907573686.post-55215098964847448552016-08-11T12:22:10.389-04:002016-08-11T12:22:10.389-04:00Drew-
I agree.
I happened to be at the APS show ...Drew-<br /><br />I agree.<br /><br />I happened to be at the APS show in Portland where they were running the Auction.<br />I think they believe their audience (customers) are dealers, who will review the lot in person before bidding on it. And I suspect many of these large WW collections do indeed get sold to dealers to break down etc. The cost is pretty high for most of us collectors. I know I couldn't bid on them cost wise even if I wanted the lot. ;-)Jimhttps://www.blogger.com/profile/02024632082262694589noreply@blogger.comtag:blogger.com,1999:blog-3749098825907573686.post-18149021876977068012016-08-09T23:42:20.676-04:002016-08-09T23:42:20.676-04:00I imagine some of these auction collections are tr...I imagine some of these auction collections are truly spectacular. But there's not a chance in the world I'm going to bid on them (besides their high prices, of course) if I can't see a lot of pictures. Why do these auction houses show only the exterior of the albums? We all know what Scott International binders look like? Ebay sellers often include dozens and dozens of pictures. I find that far more encouraging. Or am I missing something here? It's the 21st century. Why no file of photos of the more expensive collections? I'm certainly not going to go to most of these auctions, if that's what they're expecting. I sense a kind of elitism here -- either go to the auction in person or trust our description.DrewMhttps://www.blogger.com/profile/08082601555760640397noreply@blogger.comtag:blogger.com,1999:blog-3749098825907573686.post-73841100640811624252016-08-09T23:37:49.801-04:002016-08-09T23:37:49.801-04:00I imagine some of these auction collections are tr...I imagine some of these auction collections are truly spectacular. But there's not a chance in the world I'm going to bid on them (besides their high prices, of course) if I can't see a lot of pictures. Why do these auction houses show only the exterior of the albums? We all know what Scott International binders look like? Ebay sellers often include dozens and dozens of pictures. I find that far more encouraging. Or am I missing something here? It's the 21st century. Why no file of photos of the more expensive collections? I'm certainly not going to go to most of these auctions, if that's what they're expecting. I sense a kind of elitism here -- either go to the auction in person or trust our description.DrewMhttps://www.blogger.com/profile/08082601555760640397noreply@blogger.com