An occasional post, tracking a significant auction outcome which should be of interest to all collectors and sellers. Whoa!! For a premium record that in tip-top condition often settles around the $5,000 benchmark, the most coveted and collectable record in the jazz pantheon, Hank Mobley 1568, sets a new benchmark of £7,300 ( $11,175)
A UK auction, you have to ask, what goes on here? Often it’s not gigantic market forces, but just two people jousting. Ebay’s bid history sheds a little illumination on who, how and when: The price setter that crystalized the £7k+ price-tag? Second-placed bidder with an all time track record of only six wins in all time, l***l., who made about 50 bids in the last month
For someone who placed such a massive bid on 1568, he doesn’t seem very successful with his other bids. Only six wins in all time? Only asking. Perhaps he’s just starting out. Perhaps. Let’s take a closer look at the second-placed price-setter’s recent history.
The second-placed bidder is the determinant of the final price, and smokes out anyone who recklessly places an XXXL-bid in the hope that someone sensible will set the final price. That £3,950 “sensible” bid turned into a £7kplus auction in the closing seconds. This is the history of the bidder that did it, l***l:
My Mobley 1568 is a Japanese King pressing. I leave it to the big game hunters to fight it out over the ultimate trophy record. “Stunning”? I’ve just upgraded my turntable to an Avid Acutus Reference SP. We could discuss the meaning of the word “stunning”. This really is.