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Replies: 39 / Views: 5,799 |
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Valued Member
Canada
449 Posts |
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There were at least a couple of other lots where the 'internet' listing showed a higher price than that which the lot opened. I agree, quite odd. |
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Pillar Of The Community
Canada
1415 Posts |
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It was quite a unique experience to listen on the internet, and I wish I could have been there in person. I won only 2 lots but looking forward to the next one. |
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Valued Member
Canada
305 Posts |
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Pillar Of The Community
Canada
1415 Posts |
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I was higher bidder on a 28 (dot on 1 variety)and a 31. Awaiting confirmation from auction house. Got beaten on my 5 other bids. |
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Pillar Of The Community
Canada
2277 Posts |
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After looking at alot of those listing I really want to go back over mine and do some more research on paper , perfs and flyspeck. I don't have the duckworth catalog so was surprised by some variaties. The 28 with dot was 1 and the prices realized on the 15c with perf 11.5 was interesting. There were some nice 31's and thats on the bucket list as I recently got a 33 (rough shape but legit) but I highly doubt a 31 will fall in my lap as cheaply. Hopefully they keep the site up for study purposes. Does anyone have a good scan of the pawnbroker variety? |
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Pillar Of The Community
Canada
1415 Posts |
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Pillar Of The Community
Canada
1415 Posts |
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Pillar Of The Community
United States
725 Posts |
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Pillar Of The Community
Canada
2277 Posts |
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Gilles- If I remeber correctly you purchased the 12 1/2c 28iv balloon dot variety from me about a year or so ago. Basically the pawnbroker on the 29 30's looks the same as the balloon dot on the 28's but opposite side. I know the balloon dots were from position dots and bouncing of the plate but what is the cause of the pawnbroker? EDIT- Just noticed there is also a balloon dot variety on 30 (30vi) with no prices for any state but not on 29's. The more I get into these Large queens the more I want to just focus on them. With these I appreciate even faulty poorly centered copies . |
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Pillar Of The Community
Canada
1415 Posts |
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Correct Nitrolures. So far I concentrate my large queen collection on plate flaws, as listed in Duckworth book. I am proud of the Balloon flaws, and my recent additions of "the dot in 1", missing frame at right and at left, as well as a few re-entries on my 3 and 6 cents makes me enjoy this issue. I just need more patience to start differentiating the various papers, other than "laid", and Bothwell with watermarks. I foresee months of research and fun ahead of me. Note that today, I managed to get all the images of the Bringham collection auction in a separate jpeg files, for future reference of this great collection that is now spread over the world. (took me 2x 663 mouse clicks....27 Mb file...) |
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Valued Member
Canada
69 Posts |
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To Watermark, regarding the confusion over the final price of #32. My guess is that it has to do with bidding increments. I wasn't watching the auction, so my numbers will serve as examples only.
Let's assume that the bid increment was $25,000 (I believe the auction catalog said it was at the auctioneer's discretion). Now, let's assume two bidders, "A" and "B", both bid in advance at the auction. Bidder "A" had a maximum bid of $300K. Bidder "B" had a maximum bid of $525K. Any new bidder who wanted to bid in advance online would have to beat the $525K bid to purchase the lot, so the opening bid online would show $525K. On the auction floor, the opening bid would have been $350K (Bidder "A" is out of the picture, and Bidder "B" would have an active bid of $325K. If the last floor bid was $450K, then Bidder "B"'s maximum of $525 would make his active bid $475K, which nobody was able or willing to beat.
Therefore, the lot sold for $475K, despite the opening bid appearing to be $525K.
Hope that makes some sense. |
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| Edited by KD` - 02/23/2014 7:17 pm |
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Pillar Of The Community
United States
725 Posts |
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The only problem I see with your theory is the auction house had the highest internet bid listed at $525,000 for several days, it was that the day of the auction prior to the opening. When they opened the bidding for #32 they opened it at $475,000. There were no floor bids, no internet bids, and no phone bids durring the auction. I don't think they would adjust the bid downward $50,000 unless the bid for $525,000 was withdrawn and the next highest bid was $475,000. Just my opinion as I do not know what happened. |
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| Edited by watermark - 02/23/2014 7:37 pm |
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Pillar Of The Community
Canada
2277 Posts |
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If just 1 bidder with a max of 525k and no one else jumped in the bid would have reverted back to opening of 475. Was likely in 25,000 increments but when it officially opened they probably tried to get anything to bump it up. My feeling is your find really kicked the price down on his. Prior to yours the other has not been even hinted to be availiable at any price. The few people that would be willing to spend that amount now have an option. However depending on who got the bargain on his may create a frenzy on yours as they may never come up again for a lifetime. |
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Valued Member
Canada
69 Posts |
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Am I reading this thread correctly? "Watermark" is the owner of the third copy?
Either way, I wonder how many other people checked their copies of #24 for the first time, if only to make sure they weren't on laid paper. After all, we believed for so long that there were only two copies of #32 out there, and never expected we'd be lucky enough to find another.
A few years ago, I was talking to someone who said he had the other copy and he told me he refused $1 million, because he would no longer have a complete collection. I heard that Mr. Brigham offered to buy this other copy, just so that he could destroy it and have what would then have been the only one. |
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Valued Member
Canada
305 Posts |
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Amazing stamps Gilles and Watermark. I haave a feeling you will do better with your #32 than the price realized in this auction Watermark. If I had the choice, I would pick yours. You did really good on the auction Gilles. The quality of the stamps is amazing. You mentionned having a 3c with re-entry. Is it the one with the double hook on the lower right corner like this one ?  |
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Replies: 39 / Views: 5,799 |
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