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  Heritage March 2008 Air & Space Auction (Page 3)

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Author Topic:   Heritage March 2008 Air & Space Auction
DKS22
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posted 03-26-2008 01:48 AM     Click Here to See the Profile for DKS22   Click Here to Email DKS22     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by mjanovec:
I question whether that is really a "sepia toned" photo and not just a badly faded color photo. I can't recall seeing NASA issue sepia toned photos before. The strong point is that the signature and inscription held up pretty well, with only minor fading.
I remember seeing "sepia toned" NASA issued photos as a child and I have several. They appear to be a copy of the photo with other information added, like who is in the picture and what the event is.

Rick Mulheirn
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posted 03-26-2008 05:41 AM     Click Here to See the Profile for Rick Mulheirn   Click Here to Email Rick Mulheirn     Edit/Delete Message   Reply w/Quote
Sepia toned... no. Just very badly faded. Sepia toning is a two staged developing process that NASA I suspect would not have had the time, inclination or even money to waste on... even at the height of the Apollo program.

Regards,

Rick

gliderpilotuk
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posted 03-26-2008 05:59 AM     Click Here to See the Profile for gliderpilotuk   Click Here to Email gliderpilotuk     Edit/Delete Message   Reply w/Quote
88 lots out of 391 unsold = 22.5%, that's a pretty high percentage. Reflective of unrealistic prices, or lack of financial resources?

Certainly whoever bought this, had no idea about Gagarin autographs and/or didn't care about the cost. "Competitive" bidding took it to >10x the estimate (over $5k incl premium).

unbelievable.

Paul

spaced out
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posted 03-26-2008 08:40 AM     Click Here to See the Profile for spaced out   Click Here to Email spaced out     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by gliderpilotuk:
88 lots out of 391 unsold = 22.5%, that's a pretty high percentage. Reflective of unrealistic prices, or lack of financial resources?

If I had to guess I'd say that the participation of so many astronauts was based on the auction house promising them high prices for their consignments. That of course means high reserves, and the risk of items going unsold.

robsouth
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posted 03-26-2008 11:18 AM     Click Here to See the Profile for robsouth     Edit/Delete Message   Reply w/Quote
quote:
Other highlights include a hand controller that was removed from the Apollo 10 Command Module that orbited the Moon
Why isn't this in the CM in the London Science museum?

Rick Mulheirn
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posted 03-26-2008 12:22 PM     Click Here to See the Profile for Rick Mulheirn   Click Here to Email Rick Mulheirn     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by robsouth:
Why isn't this in the CM in the London Science museum?
I suspect quite a bit of hardware has been removed from the Apollo 10 CM. I was there just before Christmas and the couches look like Block 1 to me...

Regards,

Rick

garymilgrom
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posted 03-26-2008 02:28 PM     Click Here to See the Profile for garymilgrom   Click Here to Email garymilgrom     Edit/Delete Message   Reply w/Quote
The Apollo 14 lunar scoop was on eBay earlier this week at $130,000. Today the Heritage catalog says it was sold at $161,325 but also says there were zero bidders, and that you can purchase the piece at the 161K price with the buy it now option.

What's going on here? No I cannot afford this, but I am interested in the process.

Thank you.

freshspot
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posted 03-26-2008 02:40 PM     Click Here to See the Profile for freshspot   Click Here to Email freshspot     Edit/Delete Message   Reply w/Quote
The auction price of $130,000 would require a buyer's premium which is just under 20%. When an item does not sell, they offer the item at the reserve price plus buyers premium. That's what you're seeing.

Dave Scott
(not the astronaut)
http://www.apolloartifacts.com/

Michael
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posted 03-26-2008 02:40 PM     Click Here to See the Profile for Michael   Click Here to Email Michael     Edit/Delete Message   Reply w/Quote
I agree, what is going on? Last week the surface Apollo 14 flag was $50,000 and yet it sold for $26,000 yesterday. What is going on?

space1
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posted 03-26-2008 03:32 PM     Click Here to See the Profile for space1   Click Here to Email space1     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by robsouth:
Why isn't this in the CM in the London Science museum?
For each Apollo CM, the 3 control handles (the grips only, not the controllers - 1 translation and 2 rotation) were removed and presented to the crew. That is why you see these up for auction on occasion.

For more information on Apollo hardware removal, look at this report.

------------------
John Fongheiser
President
Historic Space Systems,
http://www.space1.com

lunareagle
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posted 03-26-2008 11:02 PM     Click Here to See the Profile for lunareagle   Click Here to Email lunareagle     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by garymilgrom:
What's going on here? No I cannot afford this, but I am interested in the process.
To the point - The reserve on this item was $135,000 and had a number of bids less than that amount, which is why the EBAY listings showed bidders. I do not follow your comment about the catalogue showing the item as sold though. The items that did not sell at the live Heritage auction remain offered for sale at the reserve amount plus the buyers premium for about 10 days.

lunareagle
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posted 03-26-2008 11:04 PM     Click Here to See the Profile for lunareagle   Click Here to Email lunareagle     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Michael:
I agree, what is going on? Last week the surface Apollo 14 flag was $50,000 and yet it sold for $26,000 yesterday.
FYI - Until the bidding goes live, a bidder may legally withdraw a bid. This may be the case on the A14 flag. Nothing going on more than that.

lunareagle
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posted 03-26-2008 11:09 PM     Click Here to See the Profile for lunareagle   Click Here to Email lunareagle     Edit/Delete Message   Reply w/Quote
For the items that did not meet reserve at the live auction, they are posted right now for outright sale, only for a week or two, at the reserve price plus the buyers premium.

When considering that non-flown Robbins Medals in general are selling in the $300-$500 range, there are still a number of unflown Robbins Medals offered within that range that come directly from the collection of Charlie Duke, a moonwalker, with a signed letter from him. The letter alone has great value. For those interested in this area, I would definitely recommend a closer look.

daveblog
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posted 03-28-2008 05:29 PM     Click Here to See the Profile for daveblog   Click Here to Email daveblog     Edit/Delete Message   Reply w/Quote
I'm wondering if anyone can tell me why this lot of covers went for $1300. Is one of them a hidden gem?

Ken Havekotte
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From: Merritt Island, Florida, Brevard
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posted 03-28-2008 07:38 PM     Click Here to See the Profile for Ken Havekotte   Click Here to Email Ken Havekotte     Edit/Delete Message   Reply w/Quote
Re: Cover Lot at $1300! Not that I can see as all appear to be standard commercial issues that I would value between $35-55 for the whole lot.

davidcwagner
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posted 03-29-2008 11:26 AM     Click Here to See the Profile for davidcwagner   Click Here to Email davidcwagner     Edit/Delete Message   Reply w/Quote
About the $1300 cover Lot ($1,553.50 with BP). Is one or more of the stamps on the covers a rare error version?

There were error versions of the Gemini twin stamp, the Decade in Space twin stamp, and the First Man on the Moon stamp.

None of the stamps on this lot are obvious errors to me but 22 bids were put on this lot. Any opinions on whether error stamps are on any of these covers?

lunareagle
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posted 03-30-2008 12:22 PM     Click Here to See the Profile for lunareagle   Click Here to Email lunareagle     Edit/Delete Message   Reply w/Quote
The deadline to purchase any of the lots that did not sell at the Live Auction is April 9. They are currently available for the reserve amount plus buyers premium. Some really nice items remain including a number of Robbins Medals.

leslie
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posted 04-02-2008 03:57 AM     Click Here to See the Profile for leslie   Click Here to Email leslie     Edit/Delete Message   Reply w/Quote
The ethos of a succesful auction is to get the bidding going. The pre-advertised estimates put many people off bidding in my opinion. In truth, it was the first Space auction I have attended and I was slightly disconcerted to note that floor bidding also came from Heritage personnel. I thought this somewhat inappropriate but maybe that's par for the course?

------------------
Leslie Cantwell

spaced out
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posted 04-02-2008 05:27 AM     Click Here to See the Profile for spaced out   Click Here to Email spaced out     Edit/Delete Message   Reply w/Quote
Regarding bidding by Heritage personnel I would assume that's them following up on pre-submitted bids, including those faxed, mailed and phoned in, as well as advance bids placed through eBay.

All these are recorded before the sale and then have to be bid against each other and the live floor/phone/ebay bidders in real time, by the auction staff.

mikelarson
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posted 04-02-2008 07:14 AM     Click Here to See the Profile for mikelarson   Click Here to Email mikelarson     Edit/Delete Message   Reply w/Quote
I use Heritage employees often to bid on items for me during the live bidding. It's a great service, you inform them what items you're interested in before the auction and give them a phone # and they call you about 10 minutes before the lot comes up. It's almost like you are there as you can hear the auctioneer in the background and their employee places your bids instantly.

So I seriously doubt the employees you saw were bidding for themselves.

Mike Larson

leslie
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posted 04-02-2008 08:42 AM     Click Here to See the Profile for leslie   Click Here to Email leslie     Edit/Delete Message   Reply w/Quote
Yes, there were a lot of staff engaged in the phone bidding on behalf of clients which is usual practice. I was referring to raised arm bids in the seating area in amongst the "public"...No big deal, I just feel it is inappropriate.

------------------
Leslie Cantwell


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