The Auction Price does NOT Equal the Market Price: A Case Study in Valuing Collectibles!

In this video, we go into detail as to why the auction price of a collectible does NOT equal the market price. Case study on a(n) 1885-CC Morgan Dollar Coin graded by PCGS in MS 66+ CAC stickered, is also provided...
Email for Antique/Collectible Consulting Services: [e-mail]
Patreon: / reservedinvestments

[@randyshibai5364]

Karl sent me, keep up the fight!

[@ReservedInvestments]

Always!

[@unknown36919]

Karl sent me as well. Keep on informing the masses, man. We need it.

[@BlitzForay]

Not saying I do it perfectly in my own estimations on my collectibles but, it made sense to never just note the highest paid price/recent price and instead go for an average in between a certain number of sales to find a estimated price I could expect for my own stuff. Glad to know I am at least thinking about it correctly in some way, also that appearance on karl's video was wonderful and goes to show no matter where you appear you are consistent always with your messages you try to pass on to others. Thanks

[@kevinsmith-sk3br]

Thanks for the synopsis . Great video!

[@elgordo9525]

Yes! Please make a follow up video.

[@TwiztedHumor]

Thank you for this

[@CaptainZackSparrow]

It is actually amazing how accurate this video is. You would think people spending thousands (or more) in the collectibles world would know this - that this would be common sense. Far from it, I’m afraid. Great video as usual!

[@Mitjitsu]

Money is relative at the end of the day. Someone whose worth a few million might not do the research compared to the average person watching this video. Before dropping a few thousand on a collectible.

[@brendankappler4257]

YES! THANK YOU! I've been trying to explain this to people for well over a YEAR and it always falls on deaf ears. So refreshing to FINALLY hear someone that actually knows what they're talking about!

[@AnikaUS]

Was very cool seeing you featured in Karl Jobst most recent video on the vintage video game market. Keep up the great work.

[@ReservedInvestments]

Thank you!

[@kilkennybrian914]

Sean, I had been a skeptic of your content in different veins throughout the year. I sometimes viewed you as overly pessimistic and focused on negatives. After watching Karl video, I took a spoonful of humble soup. Luckily I never invested in graded games. Your takes on lack of pop report was dead on. Manipulation dead on. All this gold free of charge. A true head bow to you.

[@ReservedInvestments]

Thank you! PS: Now consider yourself red-pilled in the collectibles trade, my friend…😉

[@superscatboy]

In an age of echo chambers and search bubbles, it takes a certain strength of character to admit you were mistaken. Huge respect, man.

[@hhectorlector]

@@superscatboy yep. Excellent comment.

[@Odinoian]

I really hope that video has the same effect on more people!

[@pablosmiles9058]

Is this the "Karl video" that you refer to? kzbin.info/www/bejne/qKevd3iebLtkbqM

[@eskoasko]

Neighbor does have a busy day with lawnmower, while Shawn educates us with valuing collectibles.

[@xTHETRAINx]

I had a good pair of headphones on during this one. The lawnmower in the background was soothing

[@ebombfilms]

I actually thought at first that it was a cool drone/ambient sound that Shawn put over the video, haha.

[@wabdih]

this is a good reminder

[@roninsdog261]

Straight from Karl's video. Here to support, anything that helps stamp out rampant greed in any market, i'm in.

[@Dent_Ed]

Hey I just found your channel tonight and love it. You’re doing a great service. I look forward to your information and videos. Thanks for everything.

[@hhectorlector]

Saw you in Karl's new vid of course. Was very happy to see you!

[@ReservedInvestments]

Thank you!

[@MitchMitchem666]

I'm actually surprised you didn't cover hammer price vs. price with buyers premium vs. price to seller. That $4,800 had a $1,200 buyers premium on it with a hammer price of $3,600, meaning the seller got somewhere around $2,880... which means your purchase could have been cheaper if done through a private sale . I would also say that established/stable markets are okay to average, but you shouldn't average when markets swing up or down. I see lots of comments about something being a high or low anomaly as a one off, and at that point one can speculate on the swing being up or down, but a good example would be looking at the Banksy signed and unsigned print market over the past 18 months.

[@gallantjosh]

I love the idea of an aggregate value, and I try to use a similar position when I value items I want to add to my collection. There’s a lot of online databases that are over valuing, and I’d argue sometimes those same ones under value some, as well. I would love to get a better understanding of rarity of these newer pop culture collectibles that most of my collection is made up of and would love to have something similar to a population report for how many were sold.

[@JakeAlbergotti]

Great Video!

[@ReservedInvestments]

Thank you!

[@rihorn3990]

Great video Shawn 👍

[@ReservedInvestments]

Thanks 👍

[@Meddemmmmmmm]

Would be really interested in a follow-up video !

[@Mitjitsu]

My method for gaging price is to take the most recent sales and subtract the top and bottom 10% and then average the rest out. Only problem is when you're dealing with something that is genuinely rare and highly sought after, then you know you're going to likely go above what the market might suggest. Possibly paying a record setting price for that particular collectible.

[@XxjeffersonDkidxX]

just found your channel,and honestly i love it. keep it up my dude.

[@ReactiveTraction]

Sent by Karl. You're like a skinny Rudy with a broader investing angle on the collectible side. I love it.

[@rainbowmusic274]

228K mintage on that Morgan Dollar...nice pickup...the price really jumps from MS66 to MS67...shrewd move!

[@TOSStarTrek]

Ran into shell bidding more than once on eBay. Have you ever overbid to get the last piece in a collection?

[@victorysla]

Tragic mistake is my other middle name, great video! Follow up please, Shawn!

[@Kurtle001]

Shawn is the Goat 🐐

[@superscatboy]

Here to subscribe because you gave Karl a hand with his excellent video. Just spreading the love.

[@creed5]

please make a follow up

[@aleksejclerici]

As always i agree. Only thing is, if an item is overvalued like 1000 dollars on 3500 i think is anyway a great evaluation. I mean, if a x product worths 4000 and estimate now for the timmy point is 5000 well...is ok. I mean the value is there. Biggest problem is that if that item values for the market now 3000 (which is crazy) and i paid 50 3 years ago...that is the nonsense. Correct me if i'm wrong, but the point is that the delta is too huge nowadays from the real price and the actual "market" value

[@ReservedInvestments]

You’re definitely not wrong in your analysis.

[@aleksejclerici]

@@ReservedInvestments thank you Shawn. I keep watching your videos and videos related (where you're involved), they're really such true (i always agree) and so much clear!

[@ReservedInvestments]

@@aleksejclerici Thank you my friend!

[@aleksejclerici]

@@ReservedInvestments you're welcome. I'm not use to make any compliments (as a high end pro classical musician, i'm very strictly and high educated) but when i see some real knowledge (expecially in this segment which is 90 percen nowadays populated by really young people with no experience at all) i fell better and love to hear and learn!

[@lilmac-sh1xd]

Dragonball Heroes cards are starting to pop

[@davidsamuelson2089]

And to think that heritage charges you another insanely high buyer premium on top of already overpaying.

[@r33keaton11]

Hi Sean, Just wondering.. what's your take on Hot Wheels? Thanks

[@ReservedInvestments]

Not as popular as it once was. Don't see too much of a future in the market. It is equatable with Barbie, another market that is slowly dying...

[@lennywright5655]

The way I always looked at my collectibles, an item’s worth nothing till it’s sold. (paper gains don’t mean anything to me)

[@ReservedInvestments]

💯

[@TheOriginalKvhups]

Ever since I found this guy on KZbin, he made investing and collecting stuff even more amazing. Shawn, your getting better the more you make those gems. Thanks and Cheers! Yes! Do the follow up .

[@ReservedInvestments]

Thank you!

[@IKZELF121]

Hey Reserved, I defenitly made and still continue to make this mistake. I would love to get the 2nd part of this video for more information so i can become a beter invester

[@brockalbert5111]

I hope you do an 8K sub Q&A every week until you hit 10K

[@ReservedInvestments]

Lol! 😂

[@ERLRITBIDEYO]

Games are dear to my heart. I still play a lot but don't collect like I used to. Hope you get a big boost in subs thanks to Karl.

[@the40inchtaco]

Karl Jobst sent me!

[@kyoopihd]

Dunno if I have time to get into another YT channel, but I'm here from Karl Jobst to subscribe and express my gratitude and support. Keep speaking the truth!

[@Ontario100]

Great information as always. Personally, I am not buying anything in this market. I believe that coin prices are in a bubble. Whoever paid $4,800 + for that coin is either crazy or playing the grading game. Probably thinks they can get it re-graded at 67 and CAC it again. Thanks!

[@Musti1986]

Karl sent me 2,i love you man ❤

[@Odinoian]

IMO if you are a collector and you buy to keep, pay what you want, but don't pay more just because you think you should. When you acquire something just by clicking a button, overpaying will rarely feel satisfying further down the road.

[@solemnyugioh]

Wait... how can we blindly hype items if a single auction doesn't define market prices? :(

[@ReservedInvestments]

Correct! 😉

[@unstoppableExodia]

I’m not triggered by this video. I know from experience that getting the highest price for an item every time is easier said than done. It’s possible if you can afford to be patient but even then it’s not guaranteed. If a person insists on using highest recorded sold prices as a way to value their collection then they could at least qualify the statement by say something like “at auction this item/collection could potentially fetch upwards of .....”

[@TwistedSoul2002]

Karl Jobst sent me here…. Hi..!

[@ReservedInvestments]

Hi, thank you!

[@salesmaster007]

Sean great video This guy is the real deal Love the Content Sean you really open my eyes. Keep up the great videos and insights. One of my favorite channels on KZbin as we speak. Someone with some actual intellect who knows how to speak. Two thumbs up🤙🏼

[@childhoodgreats5056]

Yes sir keep it coming, would love another video expanding on this..can't wait to hear your thoughts on the shill bidding newsand if you believe it's rampant in the industry or more of a one-off. Thanks so much for all you do!

[@Nytezero]

Man, I can't wait for the shill bidding video.

[@ed-steminator6688]

I'm triggered. Please make follow up ;)

[@breyerowen2640]

Where’s the Metazoo video at? 🚀🚀🌮

[@ReservedInvestments]

That video will be coming, but don't expect too many surprises once it lands... ;)

[@breyerowen2640]

@@ReservedInvestments haha I’m not expecting anything too crazy, but I got the Rudy kit and I’m completely comfortable with it going to zero 🚀🚀🌮

[@fuzzywuzzy3841]

My expectations are half of the highest sold item (with multiple comps). Assuming, someone was extremely lucky and someone else was extremely dumb lol

[@gianyrivera1082]

Great video as always, I always learn a lot about collecting and speculating because of your channel. Been following for a few months It was nice seeing you featured in the recent video by Karl. Keep up the good work and educating people so they don't become Timmy's.

[@ReservedInvestments]

Thank you!

[@Mr.Green.Shoes.999]

This is FACTS!! It makes no sense the last auction price is the person who wants it THE MOST so there for they paid HIGHER than anyone else was WILLING to! So how is that the new price?? I look at Buy It Now prices and see how much MANY people are paying for an item that is closer to the market price. Not the person who HAS to have it and will pay the most for it.

[@WondyCoin]

Why in the heck are you looking to put money into CC, or any for that matter, Morgan dollars? You're smarter than this. Have you not been paying attention to the numismatic market?

[@WondyCoin]

I mean, seriously, the very fact you were so easily able to find another doesn't tell you something? It's just not rare. You Morgan Maniacs are crazy, and you're totally missing out on a lot of coins which are just as eye-appealing, just as collectible, MUCH more rare, and can be had for less money, if you take the time to actually find them.

[@Ontario100]

I agree, $3,600 is still too much. An 85-CC 66+ with a CAC sticker sold at Legend in May for less than $2,500. I will wait for prices to come back to earth and yes there are very nice and much rarer coins out there.

[@ReservedInvestments]

I actually don't dispute what you are saying here, Ben. I can take constructive criticism. Thank you for the feedback.

[@WondyCoin]

@@ReservedInvestments You're welcome. I suppose I could have been a little harsh, mainly because if you're just collecting here more so than investing, then by all means, have fun and ignore me. There isn't a numismatic market if there aren't collectors who are there simply for the enjoyment of the hobby. I always enjoy your vids and more so, I appreciate your willingness to so generously give away your thoughts and ideas given your vast experience.

[@skidoojosey6037]

Probably we all try to get a good price, but as a collector my favorite holding period is forever. It’s nice to be in sufficiently liquid collectibles that my children will easily be able to sell them. High grade Morgan dollars are a little hard to understand price wise, but as a collector I don’t care that much. A 63 or a 64 will be just fine for me. Maybe I’ll buy a few of them if the ratio is 10 63s to one 67, buy something else with the rest of the money.

[@tino1717]

great vid! Followup please!!!

[@ReservedInvestments]

Thank you!

[@ricardoblikman2676]

Its hard its like housing. If your neighbour sells an identical house as the rest of the street for 1m you can probably sell yours for 1m as well. But if the entire street has the same idea you will not get it.

[@Odinoian]

Lol, people just spend money without caution, and that says something about their intellect. I have almost completely stopped buying sealed games the past couple of years and rather sold because the prices these days are illogical considering the print number of most games. Karl Jobst's video will hopefully make people think twice before blindly iNvEsTinG another three-story house sum for a video game. XD

[@ReservedInvestments]

Time will tell if the ‘timmies’ will listen to reason.

[@Odinoian]

​@@ReservedInvestments time will tell... Damn it, I haven't gotten around to selling some key items yet though, so I don't want WATA to fail just yet! XD Is there an estimated date for when CGC will start grading games btw?

[@ReservedInvestments]

@@Odinoian No date has been finalized as of yet to my knowledge. I'd say we are at least months away from that occurring.

[@Odinoian]

@@ReservedInvestmentssweet. I'm very excited because then I might actually grade some things :) Keep up the good work, Shawn!

[@jedirun]

do a follow up, we need more timmys, kimmys and poindexters to get triggered ;)

[@matthewlister3755]

Here because of Karl. If I ever need the services your consulting business offers you'll be the first person I call. Anyone who doesn't listen to you is a fool. I now know more about speculative bubbles in the collectibles market than I have any right to as a hapless noob, and all in 10 minutes.

[@ReservedInvestments]

Thank you, my friend.