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HA MAY 28-30 SIGNATURE AUCTION

Started by Mmehdy,

744 posts in this topic

jaybuck43

jaybuck43

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Also been amazed how strong the book has been so far, usually Live knocks book out after one or two bids. People were bidding hard on these books leading up I guess.

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jaybuck43

jaybuck43

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I know this point has been discussed endlessly, but as I look through the catalog at the extraordinary number of books that I would ordinarily bid on, I realize that in the late going (if not sooner) my budget is likely to be exhausted. In other words, some books that I would either win or at least drive up the hammer price on, I probably won't even end up bidding on.

 

Possible that the volume of choice books in this auction actually holds prices down? Or will more bidders be attracted by the strength of this auction, causing prices to end up higher than if the books had been in an auction with more limited material?

 

I'll put some numbers to this. I have tracer bids on 8 of the pieces I plan on bidding on. Of those 8, I am high bidder on 2 and been outbid on the other 6. I'm already well into the 5 figures on "bids with BP". I can't recall the last time that pre bidding was this intense. For example, the Batman #1 is at $77,675 with the BP right now. Thats the same price that someone got a Bat #1 4.5 back in February. There is no chance that there isn't a single bid on this book between now and the gavel, so this book will have to set a new GPA high on 4.5 (granted with only two recorded sales that's not hard)

 

I think there will be a LOT of money and prices in this auction will go very high. But then again, that's just my 2c. I'm going to say 8.5 million final haul for the auction.

 

Actually, that's exactly what happened with the one in February if I'm not mistaken, so there is at least a fair chance that will happen (especially considering the rather steep next minimum bid). (thumbs u

 

As for the Cap 1, my prediction is it will finish at or around $100k. :ohnoez:

 

-J.

Looks like you called it exactly on the Batman 1.

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Sqeggs

Sqeggs

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Sitting here with almost nothing on my bid list and when two books I want come up, my bids don't go through. Poo.

 

Don't go through? Never had that happen.

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jaybuck43

jaybuck43

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Sitting here with almost nothing on my bid list and when two books I want come up, my bids don't go through. Poo.

I'm 0/2 so far myself Cheetah. I feel your pain.

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