jpop43 wrote:I can't help but to think of the Ken-Wel handball mitt that sold for like $800 a few months back...a new and/or uneducated collector somewhere presumably ended up with it. What's more, that wasn't even being passed off in the same grande way that this "Ruth" glove was!
I was contacted by the winner of that handball mitt well after the auction ended. He has a deep collection and is not a newbie by any means, but he does not do his homework, is not involved on this board nor contacts other collectors on a regular basis. He was showing it off and bragging about it and I had to break the bad news to him. He, as well as others, are prideful and will not seek help as to indicate their knowledge does not match the money they throw at their collection. Furthermore, people don't seek help before making a purchase or bidding in fear of alerting others to a glove they might otherwise have missed. They'd rather try to get a lower price by not asking others and having them swoop in and buy it from under them.
Speaking of getting a good deal, another long-time collector, again, not involved here (pattern emerging), won one of JG's catcher's mitts in Legendary. It had an aftermarket leather patch sewn into the pocket with a kind of swirled stitching. It was advertised as a "tornado palm". Well, as we have all discussed here ad nausium, there were mistakes a plenty in Legendary's write ups. Some innocent, some intentional. In any event, the guy won the thing for like $400 or $450 and immediately contacted me to say he got a hell of a deal on a tornado palm and didn't have to spend $6,000 or $7,000 like the last two examples sold for. Again, I had to pass along bad news and bring him back to reality.
There are so many lessons to be learned from all this, but the main point is to do your homework and ask questions before spending high amounts. The second point is to do your homework. The research is sometimes more fun than acquiring an actual glove! I have a group of hobby friends who help each other with snooping and coming up with theories as to dating, manufacturing and such. Seriously, that's the fun part of this stuff. The third point is that you will never get a deal in a public auction. Sure, sometimes a glove flies under the radar on eBay, but never in a auction house auction. It's sells for what it's worth. If it were worth more,it would have hammered at a higher price. Simple economics. And lastly, do your homework!