Mid-auction analysis - OMGs!, LOLs!, WTFs!, whatev....

[holiday]

I think the HP set will go for around 3000, as others have said. I'm not even going to try, because there's others here that are going to in more than I'm willing to.  I agree that those posters will never be worth that kind of money, and while I've been known to throw some big money around for a rarity, that's way out of my league on this set.

So, have fun boys!  I've got the popcorn ready!

[enki]

I thought the Cinemasterpiece auction was supposed to have items listed on 3/8, 3/9 and 3/10? What happened with today's listings? It's 10:45PM ET and nothing yet.

Also, it seems like some of the items that have been put up are being graded a little......leniently... IMHO of course. Granted I'm a n00b, but this is just my observation.

I've purchased some "VG" items from EMP, where it looked more like a Near-Mint when I received them. It seems like Bruce grades items extremely conservatively, which I, as a buyer, definitely prefer.

But I saw a couple posters in the eBay auctions that had tears, holes, major wrinkles, major edge wear, etc. that were graded as C7 and even C8. I would think that missing paper would immediately disqualify a poster from "Excellent" condition, or am I wrong?

Some examples:
http://www.ebay.com/itm/REVENGE-OF-THE-JEDI-NO-RESERVE-CineMasterpieces-STAR-WARS-MOVIE-POSTER-1982-/190649194428?pt=LH_DefaultDomain_0&hash=item2c6393d7bc
http://www.ebay.com/itm/STAR-WARS-EMPIRE-STRIKES-BACK-NO-RESERVE-BRITISH-QUAD-MOVIE-POSTER-1980-/180838099789?pt=LH_DefaultDomain_0&hash=item2a1aca6b4d
http://www.ebay.com/itm/RETURN-OF-THE-JEDI-NO-RESERVE-CineMasterpieces-STAR-WARS-MOVIE-POSTER-1983-/180828478663?pt=LH_DefaultDomain_0&hash=item2a1a379cc7

The actual descriptions of the items are certainly accurate, and the pictures clearly show any damage, but I would think that the "condition grade" should be lower in order to be more accurate. Are poster grading levels standardized or have any "official" metrics?

Don't get me wrong, I fully intend on bidding on a few of the items listed (actually I already have). I'm just kind of curious about the discrepancies in grades.

[Neo]

Enki, grading is subjective.  Everyone has a different scale.  In my experience, among the high profile dealers: Dave, Bruce, and Rich, the gradings are very accurate and consistent.  The eBay items you mentioned appear to be accurate IMO.

[archie leach]

*Brude still sulking in his ignorance*

 

As always, first to the insult...

[CineMasterpieces]

"What happened with today's listings?"

Nothing. We decided to move them to just Thursday and Friday this time. Sorry we kept you waiting 

[enki]

"What happened with today's listings?"

Nothing. We decided to move them to just Thursday and Friday this time. Sorry we kept you waiting 

DAMN YOU!!@*!&@*!@

I've been sitting here pressing F5 for the past 14 hours. All for naught.

[brude]

As always, first to the insult...

Childhood trauma: Why Leach is such a negative downer.

[erik1925]

With 12 days to go until the Heritage Auction, on March 23rd, here are the top 20 items, in descending order (as of today, 8 of the 20 are from the Berwick Find):

[brude]

Nice job, Jeff-man...saved me time researching my status.
As of now, I'm still batting zero.
Looks like I'll have to up my bid on DRAC....
Look forward to another rundown in a few days. 

[Zorba]

Nice job, Jeff-man...saved me time researching my status.
As of now, I'm still batting zero.
Looks like I'll have to up my bid on DRAC....
Look forward to another rundown in a few days. 

Agree. Excellent work Jeff.

Though, I was hoping to make a run at the Casablanca. 

[erik1925]

Agree. Excellent work Jeff.

Though, I was hoping to make a run at the Casablanca. 

Go for it Zorba! It's only money.

Jeff

[Zorba]

Go for it Zorba! It's only money.

Jeff

I would but the fuckers in authority wont let me sell my spare kidney on ebay.

Seriously! It is my kidney, I dont need it and I have only one life to live. 

[CSM]

Funny thing is Jeff - I bet most of those posters in the 20 haven't even reached the "hidden reserve" yet...

[erik1925]

Funny thing is Jeff - I bet most of those posters in the 20 haven't even reached the "hidden reserve" yet...

Right, Chris. Looks like any reserve info will be posted on 3/16.

[Harry Caul]

Not positive, but I don't think any of the Berwick posters have a reserve. 

[CSM]

Not positive, but I don't think any of the Berwick posters have a reserve. 

What makes you say that Matt?  Because HA seems to own at least a part of them?

[Ari]

From what I gather from my experience with live auctions, they usually have, even if unwritten/unofficial a "reserve".

[Harry Caul]

HA didn't purchase the posters, but I do think they helped with restoration.  The original buyer stands to profit the most here... granted HA will make plenty off of the auction itself.

Given that all 33 usable posters pulled from the lot are up for sale all at once, I think it is abundantly clear that the buyer is not a collector.  Otherwise we might only have ever seen or known about a handful of posters... the rest silently enter the buyers collection.  Like I said, I could be wrong, but these posters seem to have been bought by an investor interested in a quick flip.  Hence, I doubt there are any reserves.  

[erik1925]

HA didn't purchase the posters, but I do think they helped with restoration.  The original buyer stands to profit the most here... granted HA will make plenty off of the auction itself.

Given that all 33 usable posters pulled from the lot are up for sale all at once, I think it is abundantly clear that the buyer is not a collector.  Otherwise we might only have ever seen or known about a handful of posters... the rest silently enter the buyers collection.  Like I said, I could be wrong, but these posters seem to have been bought by an investor interested in a quick flip.  Hence, I doubt there are any reserves.  

I was re-reading thru the Berwick thread, and found this post. Since discussion was had about the purchaser(s) of the posters and possible reserves:

To clarify. I can say the posters were brought to us and we helped with the bill for purchase and restoration.

[jayn_j]

Not positive, but I don't think any of the Berwick posters have a reserve. 

The article I quoted from the gainseville paper this morning flat states that the reserve on the Dracula is $200k

[CSM]

I was re-reading thru the Berwick thread, and found this post. Since discussion was had about the purchaser(s) of the posters and possible reserves:

Indeed Jeff.  This is why I posted what I did...

[CineMasterpieces]

reposted from the other thread:

On the second page of "The Berwick Discovery" mini auction catalog from Heritage, the second to last paragraph starts out with "The story of the Berwick Discovery of Lost Movie Posters is far from over......".

Does this imply that there are more posters to come?

[brude]

reposted from the other thread:

On the second page of "The Berwick Discovery" mini auction catalog from Heritage, the second to last paragraph starts out with "The story of the Berwick Discovery of Lost Movie Posters is far from over......".

Does this imply that there are more posters to come?

[holiday]

I'm dropping some bids on the HP's just to have some fun.  Let me know if any of you have bids in right now, other than AP who I know is bidding, so that I don't be jerking around friends!

[agentprovocateur]

It's starting to get busy on those Potters... a quick question tho, I got two 'out bid' notices for the two I'm bidding on, but when I went to emovieposter today I still see my monicker as winning with the same total. But when I click on each poster it shows the new high bidder and the correct total, anyone else have these discrepancies?