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How Do You Feel About Public Auctions Without Live Viewing?

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Posted 04/16/2020   10:22 am  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
I just checked on the Michael Rogers bids that I am watching on SAN and I may not be bidding after all. The five lots I am interested in are already at or within spitting distance of the estimate. I would take a chance if I could see the material but I am not going to get into a shootout over something that is described in a few sentences and has one photo.
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Posted 04/16/2020   10:41 am  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
I'm not bidding in this auction either for the same reason.

I've requested pics from Cherrystone and will report the outcome.
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Posted 04/16/2020   7:08 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
Kelleher is apparently holding their Collections auction on April 25th Internet only no viewing. IMO it is pretty weak compared to their normal auctions. Very Disappointing.

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Bedrock Of The Community
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Posted 04/16/2020   7:18 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Ken - This is the quarterly collections auction that was supposed to be held in May?
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Posted 04/16/2020   7:38 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
I guess so, the coming up paragraph mentions a Flagship auction as the next event. I like some of the country collections but not much WW.
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Posted 04/16/2020   9:46 pm  Show Profile Bookmark this reply Add rlsny to your friends list  Get a Link to this Reply
Some of those US collections could be good, but how can you evaluate with tiny photographs? I can't see myself participating in this one.
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Edited by rlsny - 04/16/2020 9:46 pm
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Posted 04/17/2020   11:14 am  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
Cherrystone quickly responded to my request for some pictures. Here is the auction for which I was requesting pics;




Here is Cherrystone's response;


Quote:
Unfortunately the lot is too large to provide any meaningful scans.

Regards,

Josh Buchsbayew

Cherrystone Auctions
119 West 57th St. - Suite 316
New York, NY 10019


I was surprised by this response. To be fair I don't think I've ever bid in their auctions because I haven't seen any WW collections but I think they may have to get used to the new normal. There is no way I can travel to view the lot even if they allowed viewing but they expect me to bid over $10,000??
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Posted 04/17/2020   11:27 am  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
If they don't want to put the effort into scanning I don't want to put my money into their pocket. It sucks for the consigner unless Cherrystone owns the lot. Even so you would think that they would be interested in achieving max realization.
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Posted 04/17/2020   2:25 pm  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
Surprised what Kelleher did by listing collections with Rodgers weekly auctions and then turn around and bump up the regular collections .

I can think of only two reasons for this ----They got a heck of a lot of material coming in and need to spread it out more, shipping all that bulk is a problem . The other reason being they feel the economy is going to tank . My guess they got massive amounts of material coming in and Europe is unloading stamps .....what is your thinking ?
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Bedrock Of The Community
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Posted 04/17/2020   2:43 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
The Kelleher collections sale only has about a third of the lots it usually has. I spoke with David this week and his main issue is that he is working with a skeleton staff and is swamped trying to handle billing, receipts, catalogs, running live auctions, lotting and describing, shipping and on and on. It will return to normal in not too long when he has the staff to handle business as usual.
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Posted 04/17/2020   3:40 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
My hope is Kelleher is holding the better collection material until they can staff up and traveling and viewing are possible again.

For those that haven't viewed material at Kelleher's it is a staff intensive process. Each viewer is assigned a staff who finds the lots and brings the lots to the viewer's table. I only look at collections and the staffer actually unpacks and repacks the albums in the boxes as I view them. I suspect there is a security element involved but I like to think of it as concierge service, but anyway you look at it a lot of staff is required.

Buying without seeing is a crap shoot for me and when I get a clunker I have to work just as hard to break it up and sell it as I do for a winner. Buying blind results in about 50% winners versus 90+ % after viewing. So Cherrystone will have to do without me.


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Posted 04/17/2020   3:50 pm  Show Profile Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply
While I strongly disagree with Cherrystones refusal to supply images, I am astounded that they do not at least offer the service for a fee. Perhaps offer it as an optional fee but then refund the fee if the person wins the lot? In my opinion only being willing to supply a 50 word description for their 15% of a $10k lot seems excessive.
Don
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Posted 04/17/2020   4:14 pm  Show Profile Check KRelyea's eBay Listings Bookmark this reply Add KRelyea to your friends list  Get a Link to this Reply
Don I'd gladly pay $50 for a 1 hour Facetime session and I'd probably look at a couple other items too!
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Posted 04/17/2020   5:19 pm  Show Profile Bookmark this reply Add rlsny to your friends list  Get a Link to this Reply
Kelleher announced that they will do video previews on a first-come-first-served basis.
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Posted 04/17/2020   5:26 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
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