I expect some of you were watching the closing evening yesterday of the Danish Ebay seller Cross_Road_Blues (Score 4279) auction. 234 superb vintage jazz LPs, including some of the most desirable Blue Notes, all in excellent or near mint condition
Here’s the results so far, just for the ones that caught my eye. My own modest bids were blown out of the water, and even my guess what they would each close at was way behind the pace for the big ticket items. But it’s good sport. Think of it as spending someone else’s money.
Griffin Winner’s Score: 216
Mobley Winner’s Score: 3632
Hubbard Winner’s Score: 3169
Rollins Winner’s Score: 1196
Jenkins Winner’s Score: 5028
Rollins Winner’s Score: 5028
Dexter Winner’s Score: 1250
Freddie Redd Winner’s Score: 1250
The jewels in the crown are coming up on Tuesday with a cunning premium Buy-it-Now or Offer. Will there be any takers?
Only one or two “normal” collectors among that lot, most have scores likely to be dealers (or operatives from Tokyo) . The winner of the Johnny Griffin Blowin’ Session, with a score of 216, however looks like a very brave real collector (or canny investor) Whilst I am guessing of course, it looks to me like a Night of the Dealers, buying to sell on. Could be wrong, however these guys with the big scores are placing sometimes 400 bids a month.
A very elite collection. I wonder whose? Private island and personal submarine, Spectre?
Bidder Information – an example. Here is the public view of an Ebay bidders history in the previous month. It is limited, but quite revealing.
The interesting thing here is the different countries this member bids on (The last time I tried to bid on an Ebay Italy site I couldn’t understand a word of it so gave up) All different native languages – Vinyles, Musik, all most all Jazz – English, French, German, Italian, all manner of sellers. A bid pattern like this can be a sign of a Japanese “harvester” of European auctions for resale in Japan. Someone in the industry told me the other day that 80% of collectable jazz on vinyl resides in Japan. No idea if that’s true, but it seems plausible, and it is certainly a one-way flow.
Notice also all bids are placed with sniping software – >1h. They know what a commercial rate is, one snipe, win or lose, it’s not personal. it’s business. A private buyer with the hots for an album will often chase and chase, make a dozen bids, following the price day in day out.
If you are in an auction as a bidder, it is like poker, you can assess who you are up against. I like to check out the bid history of winner and 2nd place price-setter. Helps you get smarter about how auctions work, get more realistic about what you have to do to win.
Doesn’t look as though the Dorham Afro Cuban had any takers at £1750. May be that’s because a little competion?
It’s all in the timing