Goldin Auctions Enters the Market 10 10

[Chicago Boy]

On 8/30/2021 at 10:03 PM, bpc3qh said:

Only 23 comics included in this first offering; they're good comics, but this is...underwhelming to say the least.

And there are minimum bids on every big book (possibly all 23 ?)  How is that supposed to differentiate yourself from the competition ?  Maybe because it's their first auction 

[Mutie Fan]

On 8/30/2021 at 10:06 PM, Chicago Boy said:

And there are minimum bids on every big book (possibly all 23 ?)  How is that supposed to differentiate yourself from the competition ?  Maybe because it's their first auction 

$1k minimum bid on the TMNT #4 9.2 sig series is very optimistic. 

[onlyweaknesskryptonite]

On 8/31/2021 at 10:05 AM, Mutie Fan said:

$1k minimum bid on the TMNT #4 9.2 sig series is very optimistic. 

Does it have a huge Kevin Eastman sketch that spans the entire cover front and back?

 

 

[eschnit]

I counted 15 or 16 books in total.  Most of them are very strong books.  But still, a lot more video games than books.  As for Golden Age, I think there were two, an 8.0 Batman #1 and a 1.0 Superman #1.  Anyone that wins the Supes, props for winning a super grail.  Most of us would love to have a Supes #1.  That said, that cover 😳.  I would expect that’s a 0.5, but I’m not a grading expert.  Regardless, I think they likely have an idea of what they’re doing.  Have had great success in other endeavors.  Can potentially build off of this, or not, either way, not hurt their brand. I think all of the books save two any consign or, if there is one, could rest assured the values are solid enough to where they’ll get what they’re worth.  The 2 stars, the Bats and AF, will be interesting to see. 

[jimbo_7071]

On 8/31/2021 at 11:05 AM, Mutie Fan said:

$1k minimum bid on the TMNT #4 9.2 sig series is very optimistic. 

I agreed with your post even before I noticed the k next to the $1.

[LDarkseid1]

Looks like the Batman 1 8.0 will break $1 mil, and that shouldn’t be a surprise lol. Seems like this auction house is mimicking Heritage as far as fees go. If I saw correctly, there’s a 20% buyers premium. Not sure what if any fee there is for selling. Low grade Supes 1 as well in the same auction. Has anyone here put anything up for sale yet with Golden? Curious how it went.

[Chicago Boy]

On 9/14/2021 at 11:28 AM, LDarkseid1 said:

Looks like the Batman 1 8.0 will break $1 mil, and that shouldn’t be a surprise lol. Seems like this auction house is mimicking Heritage as far as fees go. If I saw correctly, there’s a 20% buyers premium. Not sure what if any fee there is for selling. Low grade Supes 1 as well in the same auction. Has anyone here put anything up for sale yet with Golden? Curious how it went.

I wouldn't  touch Goldin with a 10 foot poll for comics or video games or pop culture memorabilia at this stage in the game

[LDarkseid1]

On 9/14/2021 at 9:30 AM, Chicago Boy said:

I wouldn't  touch Goldin with a 10 foot poll for comics or video games or pop culture memorabilia at this stage in the game

Oh ok, why’s that?

Edited September 14, 2021 by LDarkseid1

[Chicago Boy]

On 9/14/2021 at 2:49 PM, LDarkseid1 said:

Oh ok, why’s that?

In speaking with them they really don't understand those hobbies it seems to me.  Maybe over time they will but it's too early to send anything to them without data.  Also, Im not sure the eyes that follow Goldin are interested in comics (or investing in them). 

[LDarkseid1]

On 9/14/2021 at 12:54 PM, Chicago Boy said:

In speaking with them they really don't understand those hobbies it seems to me.  Maybe over time they will but it's too early to send anything to them without data.  Also, Im not sure the eyes that follow Goldin are interested in comics (or investing in them). 

Gotcha, good to know.

[rabidwolf]

Anybody use their vault service? 

[Mmehdy]

On 9/14/2021 at 12:54 PM, Chicago Boy said:

In speaking with them they really don't understand those hobbies it seems to me.  Maybe over time they will but it's too early to send anything to them without data.  Also, Im not sure the eyes that follow Goldin are interested in comics (or investing in them). 

that is a understandable and solid reason.

[Chicago Boy]

On 9/15/2021 at 1:09 PM, rabidwolf said:

Anybody use their vault service? 

I would only send them trading cards. I have no reason to think they know anything about storing comic books.  Plus they haven't even put up a picture of the REAL vault.

[domuhnator]

On 9/14/2021 at 12:30 PM, Chicago Boy said:

I wouldn't  touch Goldin with a 10 foot poll for comics or video games or pop culture memorabilia at this stage in the game

Hi All, Sorry it Took me so long to show up here in the thread, I am the Consignment director for Goldin auctions handing Comic book consignments. I have been with Goldin for just over a month and we have been working very very hard to make this first auction go smoothly. As for many of the concerns please let me alleviate them. For those of you who don't know me my name is Dominic DiAntonio. I have been buying and selling comics since 2013. Goldin brought me on to help build out the Comic and Video game Space.

I realize things were not handled very well in the beginning. With Goldin being a card auction house mainly there were a few missed opportunities with people who came to us with comics. However im going to do my absolute best to fix that. I have been given more freedom than pretty much anyone in the building to made deals and get Comic consignments. 

As for us not budging on commission rates. Here is the BASE deal I am offering to anyone who comes to us with comics. We have a 20% BP like heritage. On comics we run a -10% rate. Meaning if a book hammers for $1000 we charge the buyer $1200 and you get $1100. The more you consign the better we can do. Advances up to 50% on FMV for consignments over $25,000 to start. I am available 7 days a week and am 100% focused on giving you the best auction experience possible from both a buying and selling standpoint. 

We have a very Premium bidder base. The majority of our bidders are card collectors who are looking for other assets to buy. Comics were one of the most requested items that we start to offer by those bidders. We are anticipating some very strong sales tomorrow when our auction ends. 

If anyone wants to bid tomorrow please make an account and email me your username, first and last name. We have a 10K limit for new registers I have to raise. If you do not get your limit raised you cannot bid on pretty much anything with the 10K Cap. 

If anyone has any questions feel free to reach out here or to my email at dom@goldinauctions.com I will be available from now on to you guys. 

I Apologize for not seeing the thread sooner. That was an oversight on my part and I did not see it when I started a month or so ago. I posted in the Business promotion section but im guessing not many if any of you saw it.  

Many thanks - Dom 

[Aman619]

Sounds great,  thanx for the info.  A small nit perhaps, but having collected since 2013, you never discovered the CGC boards til now?  And knew the Golden Age and other sections contain many high end collectors? Guess our reach here isn’t as wide as we like to think!

[domuhnator]

On 9/17/2021 at 5:10 PM, Aman619 said:

Sounds great,  thanx for the info.  A small nit perhaps, but having collected since 2013, you never discovered the CGC boards til now?  And knew the Golden Age and other sections contain many high end collectors? Guess our reach here isn’t as wide as we like to think!

Oh no, I have been on the boards since 2015 and lurking long before that. At one point I was a fairly active member. This is my original account and my profile pic is my old Silver Streak 6. Although I will admit my activity on the boards recently has been almost none.

As I said it before missing this thread was an oversight on my part. I Should have checked the Golden age thread as soon as I started. I should have known you guys would have had a thread on the auction. So I apologize leaving you guys in the dark for so long. 

 

- Dom

[lou_fine]

On 9/14/2021 at 9:28 AM, LDarkseid1 said:

Looks like the Batman 1 8.0 will break $1 mil, and that shouldn’t be a surprise lol.

Well, looks like it already did as it's now sitting at $1.01M dollars with a total of 13 bids to date so far.  

 

On 9/17/2021 at 12:34 PM, domuhnator said:

We have a 20% BP like heritage. On comics we run a -10% rate. Meaning if a book hammers for $1000 we charge the buyer $1200 and you get $1100.

Hey Dom;

Unlike Heritage which clearly specifies the hammer price as opposed to the price including the 20% BP, can you confirm that the amount of $1,010,000.00 that we are currently seeing (for now that is) is the so-called hammer price with a further 20% to be added on top in order for us to get to the final result?  

Edited September 17, 2021 by lou_fine

[Mmehdy]

On 9/17/2021 at 3:12 PM, lou_fine said:

Well, looks like it already did as it's now sitting at $1.01M dollars with a total of 13 bids to date so far.  

 

Hey Dom;

Unlike Heritage which clearly specifies the hammer price as opposed to the price including the 20% BP, can you confirm that the amount of $1,010,000.00 that we are currently seeing (for now that is) is the so-called hammer price with a further 20% to be added on top in order for us to get to the final result?  

I would second that info request..thank you

[Bronty]

The 20% is on top.   I asked the same question and received confirmation in a Facebook group from another Goldin rep.  So the Batman 1 is really 1.2m atm, etc.    The other rep (Art) advised  that when you go to enter a bid, there is an explicit warning to this effect.    So, no bidder should be confused about that.

[bpc3qh]

On 9/17/2021 at 5:21 PM, domuhnator said:

Oh no, I have been on the boards since 2015 and lurking long before that. At one point I was a fairly active member. This is my original account and my profile pic is my old Silver Streak 6. Although I will admit my activity on the boards recently has been almost none.

As I said it before missing this thread was an oversight on my part. I Should have checked the Golden age thread as soon as I started. I should have known you guys would have had a thread on the auction. So I apologize leaving you guys in the dark for so long. 

 

- Dom

Why should we be motivated to work with Goldin when someone in your position doesn't think to check this board, or even do a forum-wide search for "Goldin"? The attention to detail seems lacking, when this is supposed to be such a big deal.