Huggins & Scott unveiled its buyer’s premium sliding scale in its Feb. 4-5 auction – which offered a lower buyer’s premium the more an item sold for – and in the end, the auction house paid out more than usual. That’s a testament to the quality of items in the sale.
“It actually ended up being less money in our pocket. The total buyer’s premium ended up at a hair less than what would have been our 15 percent, at 14.6 percent,” said Josh Wulkan of Huggins and Scott. “A little less money to us, but that’s money saved by our buyers, which certainly is a great way to attack it.”
The highlight of the February auction was the 1948-49 Leaf No. 98 Hal Newhouser prototype, graded SGC 10, that sold for $84,000. Another heavy hitter was a 1935-36 Amalgamated Press Hockey complete set (20) that brought $51,062.
Other highlights include a ball signed by all five players who hit .400 in the modern era – Ty Cobb, George Sisler, Bill Terry, Rogers Hornsby and Ted Williams – that brought $32,250; a 1915 T214 Victory Tobacco Ty Cobb card SGC 30 that sold for $20,900; and a Mickey Mantle game-used bat from 1953, graded PSA/DNA 7, which brought $17,600.
“With the unknown about the collectible business with the state of the economy and what collectors have to spend, we were extremely pleased,” Wulkan said of the sale.
Huggins and Scott’s next auction will take place May 27-28, with consignments being accepted through March 23. The auction will be available to preview at the end of February.
Highlighting that sale will be a complete T206 mid-grade set that will include both the Magie and Plank cards. u